Plant-based Meat Market Opportunities, Leading Players - 2027

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Plant-based Meat Market worth 15.7 billion by
2027 Exclusive Report by MarketsandMarkets The
Plant-based Meat Market is projected to reach
USD 15.7 billion by 2027, with a CAGR of 14.7,
in terms of value between 2022 and 2027 according
to a new report by MarketsandMarkets. The major
factors to drive the growth of the plant-based
meat market are growth in vegan and flexitarian
population, rise in awareness about the health
benefits of plant-based meat over animal-based
meat products, increase in investment by
government bodies and RD activities, and
investment of the major food industry giants in
plant-based meat products. Download PDF
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"Plant-based Meat Market 846 Tables 45
Figures 447 Pages Soy account for the largest
market share in the plant-based meat
market Based on the source, the soy segment
dominates the market. Soy serves as an
alternative to meat sources, such as pork, beef,
and chicken due to its high protein content. The
consumption of soy foods has recently risen in
Western countries due to the adoption of
vegetarian diets and being cholesterol-free as
against animal-based proteins. The beef segment
is projected to account for the largest market
share in the plant-based meat market during the
forecast period. Based on type, the beef segment
is projected to account for the largest market
share in the plant-based meat market. Beef is
usually considered a type of meat harvested
from cattle and it is a nutrient-rich
food, as it provides various essential
nutrients. Plant-based beef provides similar
characteristics to that of beef. Beef-related
plant-based products, such as meat-free beef
pieces, no-beef burgers, beef watercress, and
beefsteak, are made from sources such as soy and
wheat. The burger Pattie segment is
projected to grow at a significant CAGR in
the plant-based meat market during the
forecast period. By product, the plant-based
meat market is segmented into burger patties,
strips nuggets, sausages, meatballs, and other
products. The other products include slices,
fillets, cutlets, fingers, and crumbles.
Plant-based burgers are the most popular type of
product that has gained consumer attention at a
global level. They are designed and created to
look and taste like conventional meat
products. The food retail segment is projected
to account for the largest market share in the
plant-based meat market during the forecast
period. Based on the distribution channel, the
food retail segment is projected to account for
the largest share in the plant-based meat
market. Food retail refers to operating
retail, supermarket, hypermarket stores, and
any other form of stores, where various
products, such as grocery items, vegetables,
uncooked meat, and frozen products, are made
available to the consumers. This distribution
channel is being used by established plant-based
meat companies as well as startups to increase
the penetration of their products in the
market. Request Sample Pages https//www.markets
andmarkets.com/requestsampleNew.asp?id44922705 E
urope region holds the largest share in the
plant-based meat market during the forecast
period. Europe is one of the fastest-growing
regions in terms of consumption and production.
The manufacturers in Europe are currently
focusing on new product developments that include
plant-based meat with better texture, appearance,
and composition. The innovative product
development in the region is backed by
appropriate research and development
facilities available in the region. This report
includes a study on the marketing and development
strategies, along with the product portfolios of
leading companies. It consists of profiles of
leading companies, such as Beyond Meat (US),
Kellogg Company (US), Impossible Foods Inc.
(US), Maple Leaf Foods (Canada), Unilever
(UK), Conagra Foods (US), Tofurky (US),
Gold Green Foods Ltd (Finland), Sunfed (New
Zealand), and Monde Nissin (Philippines). Get
10 Free Customization on this Report https//www
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