Global Plant Based Meat Market 2025: by Regions, Type and Application

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Plant Based Meat Market size worth 320 Mn by 2025
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Key Insights from Plant Based Meat Market

• Plant Based Meat Market may exceed USD 320
  million by 2025 according to research conducted
  by Global Market Insights, Inc.. Growing
  environmental concerns and rising awareness
  regarding health benefits of a vegan diet should
  stimulate market growth. Animal agriculture for
  meat production is a major contributor to global
  greenhouse gas emission and consumes significant
  quantity of water. These products are highly
  effective in reducing blood sugar levels, obesity
  and cholesterol and serve as a vital source of
  essential fatty acids which should stimulate
  product demand. Growing concerns regarding meat
  adulteration and low product prices as compared
  to conventional meat should further accelerate
  market growth.
• Global soy based meat market is likely to
  register over 10 gains by the end of the
  predicted timeframe primarily owing to growing
  consumer awareness of its numerous health
  benefits and rising usage in cookies, crackers,
  snacks baked products. These products offer
  high protein, vitamin B and iron content, along
  with bioactive components such as isoflavones
  which maintain bone strength and help treat
  cancer. Growing prevalence of lactose intolerance
  and the products' strong resemblance to fish,
  poultry meat in color, texture, form and taste
  should further stimulate market growth.

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Continued...

• North America led by Canada, Mexico and U.S.
  plant based meat market was valued at about USD
  60 million in 2018 and should witness significant
  growth pertaining to growing adoption of veganism
  and high dependence on meat for dietary protein
  intake. Booming food truck, takeaway and delivery
  industry along with significant vendor efforts to
  improve product texture, color flavor should
  further accelerate market growth.
• Global plant based meat market share is
  significantly competitive and includes various
  participants such as DuPont, Quorn Foods,
  Pinnacle, Sweet Earth Foods, Maple Leaf Foods and
  Gardein Protein. DuPont, Amys Kitchen, Quorn
  Foods, Maple Leaf Foods, The Vegetarian Butcher,
  Impossible Foods, and Gardein Protein are key
  participants in plant based meat market.
  Companies are focusing to expand their product
  line by offering alternative plant based sources
  for exotic red white meat derived from veal,
  turkey, quail, tune, rabbit, ostrich, venison,
  elk to widen product portfolio and widen
  geographical presence which should boost plant
  based meat market growth.

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U.S. Wheat Based Meat Market Size, By
Application, 2018 2025, (Kilo Tons)

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