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PUBLISHER: The Business Research Company | PRODUCT CODE: 1209995

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PUBLISHER: The Business Research Company | PRODUCT CODE: 1209995

Plant-Based-Meat Global Market Report 2023

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PAGES: 300 Pages
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“Plant-Based-Meat Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on plant-based-meat market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for plant-based-meat ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The plant-based-meat market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Type: Burger Patties; Sausages; Strips; Nuggets; Meatballs; Other Product Types

2) By Source: Soy; Wheat; Pea; Other Sources

3) By Distribution Channel: Grocery Stores; Food & Drinks Specialty Stores; Convenience Stores; Restaurants; Online Stores

Companies Mentioned: Amy's Kitchen; The Vegetarian Butcher; Maple Leaf Foods; Beyond Meat; Impossible Foods

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the plant-based meat market are: Amy's Kitchen, The Vegetarian Butcher, Maple Leaf Foods, Beyond Meat, Impossible Foods, Greenleaf Foods, Hungry Planet, Next Level, Abbots Butcher

The global plant-based-meat market will grow from $5.67 billion in 2022 to $6.69 billion in 2023 at a compound annual growth rate (CAGR) of 17.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The plant-based-meat market is expected to grow from $12.12 billion in 2027 at a CAGR of 16.0%.

The plant-based meat market consists of sales of products in the form of a burger patty, crumbles, nuggets, sausages, and other plant-based meat products. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Plant-based meat is meat that is prepared from plants and is similar to conventional meat in appearance and taste. The plant-based meat is produced using ingredients such as wheat gluten, lentils, yuba, tofu, soybeans, and a variety of nuts.

Asia Pacific was the largest region in the plant-based meat market in 2021. Western Europe was the second-largest region in the plant-based meat market. The regions covered in the plant-based meat market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main product types of plant-based meat are burger patties, sausages, strips, nuggets, meatballs, and other product types. Sausage is a meat product made of finely chopped and seasoned meat that can be fresh, smoked, or pickled and which is then usually stuffed into a casing. The various sources of plant-based meat are soy, wheat, pea, and other product types. The plant-based meat products are distributed through grocery stores, food and beverage specialty stores, convenience stores, restaurants, and online stores.

Increasing consumer awareness associated with the benefits of vegetarian diets is projected to contribute to the growth of the plant-based meat market. The vegetarian diet offers various benefits, such as low insulin levels, a decreased rate of heart disease, and improved kidney functions. According to the International Food Information Council survey in August 2021, a US-based non-profit organization for a non-profit organization for food, beverages, and agriculture, Over the past year, the majority of Americans have eaten plant-based meat substitutes, with 2 in 5 doing so on a daily or weekly basis, which Top motives for choosing plant-based substitutes are their healthfulness and availability as a source of high-quality protein. Moreover, rising consumer awareness of animal rights through global welfare organizations such as animal aid unlimited (AAU) and people for the ethical treatment of animals (PETA) is to boost the demand for plant-based meat products, which in turn, is predicted to uptake the revenues of plant-based meat market over the forecast period.

The high prices of plant-based meat products in comparison with regular meat products is a major restraint on the growth of the plant-based meat market. The major players dealing in plant-based meat products are beyond burger and impossible burger. At Whole Foods, an America-based multinational supermarket chain, the retail price of beyond burger is USD 12 a pound, whereas regular ground beef burger costs for less than half i.e. USD 5 a pound. Thus, the differences in the prices of plant-based meat products and regular meat products are predicted to hinder the growth of the market over the upcoming years.

The increasing launch of new innovative products that are made from plant-based meat is a major trend in the plant-based meat market. For instance, in January 2020, Impossible Foods Inc, a US-based company operating in plant-based substitutes for meat products, launched its plant-based pork and sausage, which contains no gluten, no animal hormones, and no antibiotics. The plant-based, pre-seasoned product can be used in any recipe or dish that calls for animal-derived sausage or pork.

In April 2021, Brazilian-based JBS SA, a meat processing company, announced that it would acquire Vivera, a European plant-based food company, for €341 million ($410 million). The deal includes three manufacturing facilities and a research and development centre located in the Netherlands. This acquisition is an important step to strengthen JBS SA's global plant-based protein platform. For the same reason, Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation. Vivera produces a range of plant-based meat replacement products, and these products are distributed to retailers in more than 25 countries across Europe.

The countries covered in the plant-based meat market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The plant-based meat research report is one of a series of new reports from The Business Research Company that provides plant-based meat statistics, including plant-based meat industry global market size, regional shares, competitors with plant-based meat share, detailed plant-based meat segments, market trends and opportunities, and any further data you may need to thrive in the plant-based meat industry. This plant-based meat research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r1848

Table of Contents

1. Executive Summary

2. Plant-Based Meat Market Characteristics

3. Plant-Based Meat Market Trends And Strategies

4. Plant-Based Meat Market - Macro Economic Scenario

4.1 COVID-19 Impact On Plant-Based Meat Market

4.2 Ukraine-Russia War Impact On Plant-Based Meat Market

4.3 Impact Of High Inflation On Plant-Based Meat Market

5. Plant-Based Meat Market Size And Growth

  • 5.1. Global Plant-Based Meat Historic Market, 2017-2022, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Plant-Based Meat Forecast Market, 2022-2027F, 2032F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Plant-Based Meat Market Segmentation

  • 6.1. Global Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Burger Patties
  • Sausages
  • Strips
  • Nuggets
  • Meatballs
  • Other Product Types
  • 6.2. Global Plant-Based Meat Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Soy
  • Wheat
  • Pea
  • Other Sources
  • 6.3. Global Plant-Based Meat Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Grocery Stores
  • Food & Drinks Specialty Stores
  • Convenience Stores
  • Restaurants
  • Online Stores

7. Plant-Based Meat Market Regional And Country Analysis

  • 7.1. Global Plant-Based Meat Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 7.2. Global Plant-Based Meat Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Plant-Based Meat Market

  • 8.1. Asia-Pacific Plant-Based Meat Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Plant-Based Meat Market

  • 9.1. China Plant-Based Meat Market Overview
  • 9.2. China Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Plant-Based Meat Market

  • 10.1. India Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Plant-Based Meat Market

  • 11.1. Japan Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Plant-Based Meat Market

  • 12.1. Australia Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Plant-Based Meat Market

  • 13.1. Indonesia Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Plant-Based Meat Market

  • 14.1. South Korea Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Plant-Based Meat Market

  • 15.1. Western Europe Plant-Based Meat Market Overview
  • 15.2. Western Europe Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Plant-Based Meat Market

  • 16.1. UK Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Plant-Based Meat Market

  • 17.1. Germany Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Plant-Based Meat Market

  • 18.1. France Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Plant-Based Meat Market

  • 19.1. Eastern Europe Plant-Based Meat Market Overview
  • 19.2. Eastern Europe Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Plant-Based Meat Market

  • 20.1. Russia Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Plant-Based Meat Market

  • 21.1. North America Plant-Based Meat Market Overview
  • 21.2. North America Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Plant-Based Meat Market

  • 22.1. USA Plant-Based Meat Market Overview
  • 22.2. USA Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Plant-Based Meat Market

  • 23.1. South America Plant-Based Meat Market Overview
  • 23.2. South America Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Plant-Based Meat Market

  • 24.1. Brazil Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Plant-Based Meat Market

  • 25.1. Middle East Plant-Based Meat Market Overview
  • 25.2. Middle East Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Plant-Based Meat Market

  • 26.1. Africa Plant-Based Meat Market Overview
  • 26.2. Africa Plant-Based Meat Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Plant-Based Meat Market Competitive Landscape And Company Profiles

  • 27.1. Plant-Based Meat Market Competitive Landscape
  • 27.2. Plant-Based Meat Market Company Profiles
    • 27.2.1. Amy's Kitchen
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. The Vegetarian Butcher
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Maple Leaf Foods
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Beyond Meat
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Impossible Foods
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Plant-Based Meat Market

29. Plant-Based Meat Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
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