Plant Based Meat Products Market Size, Segments, and Trends by 2028
Plant Based Meat Products Market: Strategic Insights
Plant Based Meat Products Market
-
CAGR (2021 - 2028)15.3% -
Market Size 2021
US$ 5.35 Billion -
Market Size 2028
US$ 14.53 Billion
Market Dynamics
GROWTH DRIVERS
- Rise in vegan and flexitarian diets
- Increased health awareness globally
- Environmental sustainability focus
FUTURE TRENDS
- Technological advancements in texture
- Use of novel plant protein sources
- Focus on local ingredient sourcing
OPPORTUNITIES
- Expansion in foodservice channels
- Development of hybrid meat products
- Growing interest in Asian markets
Key Players
- Beyond Meat
- Conagra Brands Inc
- Kellogg
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Patties
- Nuggets
- Meatballs
- Sausages
Category
- Frozen
- Refrigerated
- Ambient
Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Retail