What Everyone Ought To Know About Plant-based Meat Market

What Everyone Ought To Know About Plant-based Meat Market

The global plant-based meat market size was valued at US$ 4,855.23 million in 2021 and is estimated to reach US$ 16,590.11 million by 2029

2021-10-29

Frequently Asked Questions

Q1) What are the market value and CAGR of the Global Plant-Based Meat Market during the forecast period 2022-2029?

Ans) The global plant-based meat market size was valued at US$ 4,855.23 million in 2020 and is estimated to reach US$ 16,590.11 million by 2029, growing at a CAGR of 19.1% during the forecast period (2022-2029).

Q2) What is the base year Calculated in the report?

Ans) The base considered in the report is 2020.

Q3) What are the drivers of the Global Plant-Based Meat Market?

  • Rising consumer awareness of negative health effects associated with the consumption of meat
  • The rapid growth of the plant-based meat supply chain
  • Strategic initiatives by plant-based meat and new product launch

Q4) What are the restraints of the Global Plant-Based Meat Market?

  • High cost involved in the production of  plant-based meat 
  • Perception regarding the taste of plant-based meat products

Q5) What is the market value of the Chicken meat Market in a Plant-Based Meat Market during the forecasting period?

Ans) The chicken market was valued at USD 1,864.13 million in 2020 and the market is estimated to grow at a CAGR of 19.9% in the forecast period to reach a market value of USD 7,523.58 million by 2028.

Q6) Which region occupies the highest market share during the forecasting period 2021-2029?

Ans) North America occupied the highest market share of 35% in 2020 which is expected to remain flat till 2028

Q7) Which is the fastest growing region for the Global Plant-Based Meat Market?

Ans) Asia Pacific is growing at the fastest CAGR of 23.73% during the forecast period (2022-2029)

Q8) Who are the major key players included in the plant-based meat market 

An) Major Players in the global plant-based meat market include Beyond Meat, Impossible Foods Inc., Amy's Kitchen Inc., Garden Protein International, Inc., Quorn Foods, Inc., Lightlife Foods, and MorningStar Farms (The Kellogg Company), Tofurky, VBites Foods Limited and Before the Butcher.

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Email: [email protected]
Tel: +1 877 441 4866

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