South America Plant-based Meat Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type, Category, and Distribution Channel

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The SAM plant-based meat products market is expected to grow from US$ 103.83 million in 2021 to US$ 249.87 million by 2028; it is estimated to grow at a CAGR of 13.4% from 2021 to 2028

Plant-based meat manufacturers are making significant investments in product innovation to attract many consumers. They offer organic, gluten-free, non-GMO, and allergen-free products that address various consumer requirements. Moreover, some players are also using plant proteins other than soy and pea protein to differentiate their products from their competitors'. The company realized that jackfruit is an underutilized resource and manufactured its products using jackfruit as the main raw material. Such factors offer a competitive edge to the company over its competitors. Leading plant-based meat manufacturers are collaborating and partnering with other players to launch innovative products in the market. For instance, in January 2021, PepsiCo and Beyond Meat formed a joint venture under The PLANeT Partnership, LLC to develop and market innovative products using plant proteins. Companies launched meatless jerky as the first product under the joint venture. Such developments are also expected to boost the plant-based meat products market during the forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM plant-based meat products market in the coming years . The market is expected to grow at a good CAGR during the forecast period.

SAM Plant-based Meat Products Market Revenue and Forecast to 2028 (US$ Million)

SAM Plant-based Meat Products Market Segmentation

The SAM plant-based meat products Market is segmented based on by type, category, distribution channel, and country. Based on type, the SAM plant-based meat products Market is divided into patties, nuggets, meatballs, sausages, and others. The patties dominated the SAM plant-based meat products Market in 2020. Based on category, the SAM plant-based meat products Market is categorized into frozen, refrigerated, and ambient. The frozen segment dominated the SAM plant-based meat products Market in 2020. Based on distribution channel, the SAM plant-based meat products Market is categorized into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment dominated the SAM plant-based meat products Market in 2020. Based on country, the SAM plant-based meat products Market is segmented into Brazil, Argentina, and Rest of SAM. The Brazil segment dominated the SAM plant-based meat products Market in 2020.

Kellogg's Company, Tofurky, VBites Foods Ltd, Quorn, and Impossible Foods Inc. by Altair are among the leading companies in the SAM plant-based meat products market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM plant based meat products Market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM plant based meat products Market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the SAM plant based meat products Market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00025603

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:

4. SAM Plant Based Meat Products Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
- 4.4.1 Raw Material
- 4.4.2 Manufacturing/Processing
- 4.4.3 Packaging

5. SAM Plant Based Meat Products Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Importance of Environment Sustainability
- 5.1.2 Surging Veganism and Vegetarianism Trends
5.2 Market Restraints
- 5.2.1 High Product Price
5.3 Future Trends
- 5.3.1 Product Innovation
5.4 Impact Analysis of Drivers and Restraints

6. Plant Based Meat Products - SAM Market Analysis

6.1 SAM Plant Based Meat Products Market -Revenue and Forecast to 2028 (US$ Million)

7. SAM Plant Based Meat Products Market Analysis - By Type

7.1 Overview
7.2 SAM Plant Based Meat Products Market, By Type (2020 and 2028)
7.3 Patties
- 7.3.1 Overview
- 7.3.2 Patties: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Nuggets
- 7.4.1 Overview
- 7.4.2 Nuggets: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Meatballs
- 7.5.1 Overview
- 7.5.2 Meatballs: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Sausages
- 7.6.1 Overview
- 7.6.2 Sausages: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)

8. SAM Plant Based Meat Products Market Analysis - By Category

8.1 Overview
8.2 SAM Plant Based Meat Products Market, By Category (2020 and 2028)
8.3 Frozen
- 8.3.1 Overview
- 8.3.2 Frozen: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Refrigerated
- 8.4.1 Overview
- 8.4.2 Refrigerated: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Ambient
- 8.5.1 Overview
- 8.5.2 Ambient: Plant Based Meat Products Market - Revenue and Forecast to 2028 (US$ Million)

9. SAM Plant Based Meat Products Market Analysis - By Distribution Channel

9.1 Overview
9.2 SAM Plant Based Meat Products Market, By Distribution Channel (2020 and 2028)
9.3 Supermarkets and Hypermarkets
- 9.3.1 Overview
- 9.3.2 Supermarkets and Hypermarkets: Plant Based Meat Products Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Convenience Stores
- 9.4.1 Overview
- 9.4.2 Convenience Stores: Plant Based Meat Products Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
- 9.5.1 Overview
- 9.5.2 Online Retail: Plant Based Meat Products Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Plant Based Meat Products Market- Revenue and Forecast to 2028 (US$ Million)

10. SAM Plant Based Meat Products Market - Country Analysis

10.1 South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028
- 10.1.1 SAM Plant Based Meat Products Market Breakdown, by Key Countries
  - 10.1.1.1 Brazil Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)
    - 10.1.1.1.1 Brazil Plant Based Meat Products Market Breakdown by Type
    - 10.1.1.1.2 Brazil Plant Based Meat Products Market Breakdown by Category
    - 10.1.1.1.3 Brazil Plant Based Meat Products Market Breakdown by Distribution Channel
  - 10.1.1.2 Argentina Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)
    - 10.1.1.2.1 Argentina Plant Based Meat Products Market Breakdown by Type
    - 10.1.1.2.2 Argentina Plant Based Meat Products Market Breakdown by Category
    - 10.1.1.2.3 Argentina Plant Based Meat Products Market Breakdown by Distribution Channel
  - 10.1.1.3 Rest of SAM Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)
    - 10.1.1.3.1 Rest of SAM Plant Based Meat Products Market Breakdown by Type
    - 10.1.1.3.2 Rest of SAM Plant Based Meat Products Market Breakdown by Category
    - 10.1.1.3.3 Rest of SAM Plant Based Meat Products Market Breakdown by Distribution Channel

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles

12.1 Kellogg's Company
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Tofurky
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 VBites Foods Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Quorn
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Impossible Foods Inc.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index