PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755781
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755781
Global Vegan Steak Market Introduction and Overview
According to SPER market research, 'Global Vegan Steak Market Size- By Source, By End User, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Vegan Steak Market is predicted to reach 1235.11 million by 2034 with a CAGR of 6.98%.
Vegan steak is a plant-based substitute for traditional beef steak, designed to mimic the taste, texture, and appearance of real meat without using any animal-derived ingredients. Typically made from components like soy protein, wheat gluten (seitan), legumes, mushrooms, or pea protein, these products are carefully seasoned and engineered with modern food technology to offer a realistic, meat-like experience.
Restraints: The vegan steak market encounters several challenges that hinder its growth and broader acceptance. A major issue is the high cost of production, leading to higher retail prices compared to traditional meat, which limits accessibility for many consumers. Furthermore, achieving the exact taste and texture of real steak remains difficult, with many plant-based alternatives still not fully capturing the sensory experience of meat.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Source, By End User, By Distribution Channel
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Amy's Kitchen, Beyond Meat, Inc., Daiya Foods Inc., Danone S.A, Earth's Own Food Company Inc., Eat Just, Inc., Field Roast, Gardein, Impossible Foods Inc., and Ripple Foods Inc.
Global Vegan Steak Market Segmentation:
By Source: Based on the Source, Global Vegan Steak Market is segmented as; Soy, Almond, Wheat, Others.
By End Use: Based on the End Use, Global Vegan Steak Market is segmented as; Packaged Food Industries, Hotels and Restaurants, Retail Food Shops, Domestic Consumers, Others.
By Distribution Channel: Based on the Distribution Channel, Global Vegan Steak Market is segmented as; Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Platforms, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.