Global Plant-Based Meat Cable Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)
Plant-Based Meat Industry 2020 Global Market research report studies the latest Plant-Based Meat industry aspects market size, share, trends, Opportunities and Strategies To Boost Growth, business overview, revenue, demand, marketplace expanding, technological innovations, recent development, and Plant-Based Meat industry scenario during the forecast period (2020-2025).
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Plant Based Meat Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Rising demand for a vegetarian and vegan diet pertaining to a healthy lifestyle, increasing endeavours of animal rights organizations to spread awareness about the benefits of vegetarianism and growing efforts for R&D of plant based meat are the major factors for driving the growth of Global Plant based meat Market.
Global Plant Based Meat Market is valued at USD XXXX in 2019 and expected to reach XXXX by 2025 with the CAGR of X% over the forecast period.
Scope of Global Plant Based Meat Market Report-
Plant-based meat is a meat made from plant extracts, which is specially designed and manufactured to have the same appearance, the same flavor and the same cooking style as traditional meat. Foods made from non-meat products that contain no other animal products (such as dairy products), but can be used as meat substitutes having the same protein content are called plant-based meat products. Many plant meat products are soy or gluten based which are wholly extracted from plants. Currently, meat products of vegetable origin are processed by two basic methods, namely by thermoplastic extrusion or fiber spinning. Thermoplastic extrusion is the most common method of producing vegetable meat products. It is seen as a cost-effective way to adapt to mass production. On the other hand, spinning fibers increases production costs, eliminating the benefits of producing inexpensive plant-based meat products. There are many benefits associated to a plant-based diet, topping the list is its health benefits. A plant-based meat reduces the level of cholesterol in body, helps reduce the risk of high blood pressure, cancers, diabetes, cardiac arrest, and aids in losing weight. It is very beneficial to prevent obesity. Moreover, a plant-based vegetarian diet can help maintain the health of environment too, by a low-level emission of greenhouse gases in the air, that account for nearly 38.2% of the global greenhouse emission from the cooking of the natural meat products. Plant-based meat finds applications in various applications in the replacements of animal meat, including beef, goat-meat, burgers, sausages, chicken, meatballs and others.
Global Plant Based Meat Market is segmented on the basis of source, type, end-users and product. On the basis of source, the market is segmented into soy, pea, beans, nuts, wheat, seeds and others. On the basis of type, market is segmented into pork, lamb, fish, turkey, beef and others. On the basis of end-users, the market is segmented into household, retail and others. On the basis of product, the market is segmented into burger patties, strips, nuggets, sausages, fillets, slices and others.
The regions covered in this plant-based meat market report are North America, Europe, Asia Pacific and rest of the World. On the basis of country level, market of plant-based meat is subdivided into U.S., Mexico, Canada, U.K., Germany, France, Italy, China, Japan, South East Asia, Africa, etc.
Plant Based Meat Companies
Plant-Based Meat Market report covers major key players in the market like
Garden Protein International
Maple Leaf Foods
The Vegetarian Butcher
Gold & Green Foods
Global Plant-based meat Market Dynamics-
Rising demand for a vegetarian and vegan diet pertaining to a healthy lifestyle and medical fitness, increasing endeavours of animal rights organizations like PETA to spread awareness about the benefits of vegetarianism and growing efforts for R&D of plant based meat to attain better texture, aroma, nutrient content and taste are the major factors for driving the growth of Global Plant based meat Market. There are around 375 million vegetarians worldwide, and as per Google Trends, interest of population in veganism has increased by 7 folds between 2014 & 2019. A plant-based diet aids a large amount in maintaining health aspects in a country. According to a study published by the Proceedings of the National Academy of Sciences (PNAS), US could save a whopping amount of around USD 180 billion, if switched to a plant-based diet. Moreover, rising environmental concerns due to animal meat and its global awareness is another driver for market growth.
However, availability of other tasteful animal meat alternatives, negative perception of people about veganism, opposition by meat vendors, and cultural bounds across nations that appreciate flesh-eating are some of the factors that might hamper the growth of Plant-based meat market.
There has been a growing interest of food companies and large firms to invest and sponsor small start-ups of plant-based meat products, owing to the large line of benefits catered by plant-based diet. As per a news article in Economic Times, an Indian start-up GoodDot, which is in the production of plant-based chicken food items, raised an investment sum of around USD 200000, from a big industry leader NewCrop Capital which has also funded Beyond Meat, when it started in its plant-based food operations. These offer lucrative opportunities for the growth of the market in future.
North America is expected to remain a dominant region in the Global Plant-based Meat Market.
North America is expected to dominate the market share of Plant-based meat because of the propelling vegetarian and flexitarian population. Incidences of obesity and cardiovascular disease is high across the region, which is linked to the increased consumption of processed meat, and has led to consumers not consuming meat. They are turning to healthier diets and herbal products, which taste more like meat and have almost the same protein content, which will stimulate the market in the years to come. However, due to the increased awareness of vegan products about consumer health, the high availability of plant-based meat products in grocery stores and the shift from cultivation to a diet based on organic natural ingredients, Europe will develop at a healthy pace. As per the statistics, the market of plant-based diet in US is worth $684 million, with the advent of popular food firms like Beyond Meat and Impossible Foods. Asia Pacific is expected to experience a fastest growth owing to the adoption of a plant-based diet on a large scale in the region. This is primarily due to a raised awareness and encouragement in people for remaining healthy by switching to the alternatives of animal meat. In the region, China is expected to be a dominant adopter of plant-based meat, since there are growing instances of overweight people and obesity flourishing in the country. Moreover, Chinese population deals in the consumption and production of a large amount of animal meat, hence can be a great platform to provide promising opportunities for the growth and adoption of plant-based meat. As per Food Revolution Network statistics, Chinese government released new dietary guidelines encouraging its 1.3 billion population to take up plant-based meat. In fact, in Hong Kong, around 22.4% of the population are into eating some sort of plant-based diet.
Key Benefits of Global Plant-Based Meat Market Report-
Global market report covers in depth historical and forecast analysis.
Global market research report provides detailed information about Market Introduction, Market Summary, Global Market Revenue (USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Plant-Based Meat Market Segmentation:
By Source:- Soy, Pea, Beans, Nuts, Wheat, Seeds and others
By Type:- Pork, Lamb, Fish, Turkey, Beef and others
By End-User:- Household, Retail and others
By Product:- Burger Patties, Strips, Nuggets, Sausages, Meatballs and others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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Key Objectives of Plant-Based Meat Market Report:
– Study of the annual revenues and market developments of the major players that supply Plant-Based Meat
– Analysis of the demand for Plant-Based Meat by component
– Assessment of future trends and growth of architecture in the Plant-Based Meat market
– Assessment of the Plant-Based Meat market with respect to the type of application
– Study of the market trends in various regions and countries, by component, of the Plant-Based Meat market
– Study of contracts and developments related to the Plant-Based Meat market by key players across different regions
– Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies supplying Plant-Based Meat across the globe.
This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.
Chapter 1: Plant-Based Meat Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
Chapter 2: Plant-Based Meat Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.
Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Plant-Based Meat.
Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Plant-Based Meat.
Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Plant-Based Meat by Regions (2020 to 2026).
Chapter 6: Plant-Based Meat Production, Consumption, Export and Import by Regions (2020 to 2026).
Chapter 7: Plant-Based Meat Market Status and SWOT Analysis by Regions.
Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Plant-Based Meat.
Chapter 9: Plant-Based Meat Market Analysis and Forecast by Type and Application (2020 to 2026).
Chapter 10: Market Analysis and Forecast by Regions (2020 to 2026).
Chapter 11: Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.
Chapter 12: Market Conclusion of the Whole Report.
Chapter 13: Appendix Such as Methodology and Data Resources of This Research.
Reasons to Purchase this Plant-Based Meat Report:
* Current and future of global Plant-Based Meat market outlook in the developed and emerging markets
* The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
* Regions/Countries that are expected to witness the fastest growth rates during the forecast period
* The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
* All segmentation provided above in this report is represented at country level
* All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
you can also get individual chapter wise section or region wise report versions like North America, Europe, or Asia Etc.
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