Plant Based Meat Products Market Demand & Forecast to 2028

    Plant Based Meat Products Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Patties, Nuggets, Meatballs, Sausages, and Others), Category (Frozen, Refrigerated, and Ambient), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)

    Publication Month: May 2022 | Report Code: TIPRE00028970 | No. of Pages: 178 | Category: Food and Beverages | Status: Published

    The Plant Based Meat Products market is projected to reach US$ 14,527.55 million by 2028 from US$ 5,354.72 million in 2021; it is expected to grow at a CAGR of 15.3% from 2021 to 2028.

    Plant-based meat products include patties, meatballs, nuggets, sausages, and ground meat, among others. Plant-based meat products are free of unsaturated fat and have low calorific value, which makes them healthier than conventional meat products. Consumers are increasingly shifting to plant based meat products from animal meat products owing to the rising prevalence of obesity, diabetes, and other diseases.

    In 2020, Europe held the largest share of the global plant based meat products market, and North America is estimated to register the fastest CAGR during the forecast period. According to the “Plant-Based Food Association,” the retail sales of plant based foods in the US increased by 11% in 2019, compared to that in 2018, hitting the market value of US$ 4.5 billion. The high nutritional value of plant based meat products, such as sausages, meatballs, and nuggets, has triggered their demand in North America in the last few years, especially among young adults. Moreover, the plant based meat market is centered in this region due to the presence of start-ups such as Impossible Foods Inc. and Beyond Meat that pioneered the production of these products.

    Strategic Insights

    Impact of COVID-19 Pandemic on Plant Based Meat Products Market

    The food & beverages sector faced unexpected challenges amid the COVID-19 pandemic. Various restrictions imposed by governments, such as lockdowns, production shutdowns, travel bans, and border restrictions, disrupted the global supply chains in 2020. This led to a shortage of raw materials and labor, which hampered the production of various small-scale and large-scale food and beverage manufacturers. However, the health and wellness trends evolved dramatically due to the COVID-19 pandemic, as people became more concerned about their health and immunity, which created massive demand for plant based products. Health and wellness are the key motivators for adopting alternative or plant based proteins. Further, in 2021, manufacturers were permitted to operate at full capacity, which helped them overcome the demand and supply gap. This factor is projected to offer ample opportunities for the plant based meat products market players during the forecast period.

    Plant Based Meat Products Market Breakdown, by Region

    Plant Based Meat Products Market Breakdown, by Region

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    Market Insights

    Surging Veganism and Vegetarianism Trends Drive Plant Based Meat Products Market

    The vegetarian population, especially the vegan population, has grown significantly in recent years. People are increasingly switching to vegetarian diets, owing to increased health concerns. Many dieticians and health practitioners recommend reducing meat consumption and switching to a vegetarian diet to reduce the risks of chronic health issues, such as obesity, heart diseases, high blood pressure, and digestive disorders. According to Google Trends, veganism was one of the Top 5 searched terms on Google in 2019 in the UK and across the world. Thus, the surging trend of veganism and vegetarianism boosts the plant based meat products market progress.

    Type Insights

    Based on type, the plant based meat products market is categorized into patties, nuggets, meatballs, sausages, and others. The patties segment held the largest share in the market, however, the others segment is expected to register the highest CAGR during the forecast period. Other plant based meat products include cold cuts, minced, and fillets. Soy is commonly used to make plant based alternatives to fillets, minced meat, and cold cuts, among other red and white meat products, providing consumers the freedom to prepare various cuisines, such as Italian, Thai, Vietnamese, American, and Indian, without compromising on their health.

    Plant Based Meat Products Market, by Type – 2020 and 2028

    Plant Based Meat Products Market, by Type – 2020 and 2028

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    Category Insights

    Based on category, the plant based meat products market is segmented into frozen, refrigerated, and ambient. The frozen segment held the largest share of the market, whereas the refrigerated segment is projected to register the highest CAGR during the forecast period. Frozen plant based meat products have a longer shelf life. These products can be stored for months in freezer. Moreover, they are easy to prepare and store. Thus, the extended shelf life of frozen plant based meat products is a major factor driving their popularity among consumers.

    Distribution Channel Insights

    Based on distribution channel, the plant based meat products market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment accounted for the largest market share in 2020. Supermarkets and hypermarkets are large retail establishments that offer a wide range of groceries, foodstuffs, beverages, and other household goods. Products from various brands are available at reasonable prices in these stores, allowing shoppers to find the right product quickly. Moreover, these stores offer attractive discounts, multiple payment options, and a pleasant customer experience. Manufacturers of plant based meat products usually prefer to sell their products through supermarkets and hypermarkets owing to the high footfall received by these stores.

    The major players operating in the plant based meat products market include Beyond Meat; Conagra Brands, Inc.; Impossible Foods Inc.; Quorn Foods, Inc.; Kellogg Company; Hilary’s Eat Well; Vbites Foods, Ltd.; Before the Butcher; Field Roast; and Tofurky; among others. These companies mainly focus on product and service enhancements by integrating advanced features and technologies into their offerings.

    Report Spotlights

    • Progressive industry trends in the plant based meat products market to help companies develop effective long-term strategies
    • Business growth strategies adopted by the plant based meat products market players in the developed and developing countries
    • Quantitative analysis of the market from 2019 to 2028
    • Estimation of global demand for plant based meat products
    • Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers in the plant based meat products market
    • Recent developments to understand the competitive market scenario
    • Market trends and outlook, as well as factors driving and restraining the growth of the plant based meat products market
    • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest
    • Size of the plant based meat products market at various nodes
    • Detailed overview and segmentation of the market, as well as the plant based meat products industry dynamics
    • Size of the plant based meat products market in various regions with promising growth opportunities

    Frequently Asked Questions

    The major players operating in the global plant-based meat products market are Beyond Meat; Conagra Brands, Inc.; Kellogg’s Company; Tofurky; Field Roast; Before the Butcher; VBites Foods Inc.; Hilary’s – Drink Eat Well, LLC.; Quorn; and Impossible Foods Inc.
    Plant-based meat is experiencing strong demand in emerging regions like the Asia Pacific and the Middle East & Africa. Rising demand for low or no meat diets owing to shifting consumer priorities towards sustainability and wellness is driving the plant-based meat industry across the Asia Pacific. On the other hand, plant-based meat is also gaining huge traction across the Middle East & Africa as consumers in the region are reducing their meat consumption in an attempt to lead a sustainable and healthy life. Thus, the surging demand for plant-based meat in emerging regions will provide a strong market potential over the forecast period.
    Based on distribution channel, the supermarkets and hypermarkets segment accounted for the largest revenue share as the increasing urbanization, rising working-class population, and competitive pricing are boosting the popularity of supermarkets and hypermarkets in developed and developing regions. Moreover, manufacturers of plant-based meat products usually prefer to sell their products through supermarkets and hypermarkets owing to a heavy customer base.
    Europe accounted for the largest share of the global plant-based meat products market. Europe has emerged as a significant plant-based meat products market due to considerable demand for animal-meat alternatives from consumers owing to increasing health consciousness and the rising veganism trend.
    The market scope for global plant-based meat products takes into consideration the retail sale of plant-based meat products and not the foodservice consumption.
    The growing importance of environmental sustainability is expected to significantly drive the development of the plant-based meat products market over the forecast period. Also, the growth of the veganism trend is also attributed to growing affiliation with animals. Animals are ill-treated in slaughterhouses and factor which is raising concerns related to animal protection among consumers. This factor is also expected to boost the consumption of plant-based food. Thus, rising veganism and vegetarianism trends are projected to significantly drive the growth of the plant-based meat products market over the forecast period.

    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. 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. 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 Market Opportunities

    5.3.1 Surging Demand in Emerging Regions

    5.4 Future Trends

    5.4.1 Product Innovation

    5.5 Impact Analysis of Drivers and Restraints

    6. Plant Based Meat Products – Global Market Analysis

    6.1 Plant Based Meat Products Market Overview

    6.2 Plant Based Meat Products Market –Revenue and Forecast to 2028 (US$ Million)

    6.3 Competitive Positioning – Key Market Players

    7. Plant Based Meat Products Market Analysis – By Type

    7.1 Overview

    7.2 Plant Based Meat Products Market, By Type (2020 and 2028)

    7.2.1 Patties

    7.2.1.1 Overview

    7.2.1.2 Patties: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    7.2.2 Nuggets

    7.2.2.1 Overview

    7.2.2.2 Nuggets: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    7.2.3 Meatballs

    7.2.3.1 Overview

    7.2.3.2 Meatballs: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    7.2.4 Sausages

    7.2.4.1 Overview

    7.2.4.2 Sausages: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    7.2.5 Others

    7.2.5.1 Overview

    7.2.5.2 Others: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    8. Plant Based Meat Products Market Analysis – By Category

    8.1 Overview

    8.2 Plant Based Meat Products Market, By Category (2020 and 2028)

    8.2.1 Frozen

    8.2.1.1 Overview

    8.2.1.2 Frozen: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    8.2.2 Refrigerated

    8.2.2.1 Overview

    8.2.2.2 Refrigerated: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    8.2.3 Ambient

    8.2.3.1 Overview

    8.2.3.2 Ambient: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    9. Plant Based Meat Products Market Analysis – By Distribution Channel

    9.1 Overview

    9.2 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. Plant Based Meat Products Market – Geographic Analysis

    10.1 Overview

    10.2 North America Plant Based Meat Products Market Revenue and Forecasts to 2028

    10.2.1 North America Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.2.2 North America Plant Based Meat Products Market Breakdown by Type

    10.2.3 North America Plant Based Meat Products Market Breakdown by Category

    10.2.4 North America Plant Based Meat Products Market Breakdown by Distribution Channel

    10.2.5 North America Plant Based Meat Products Market Breakdown, by Key Countries

    10.2.5.1 US Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.2.5.1.1 US Plant Based Meat Products Market Breakdown by Type

    10.2.5.1.2 US Plant Based Meat Products Market Breakdown by Category

    10.2.5.1.3 US Plant Based Meat Products Market Breakdown by Distribution Channel

    10.2.5.2 Canada Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.2.5.2.1 Canada Plant Based Meat Products Market Breakdown by Type

    10.2.5.2.2 Canada Plant Based Meat Products Market Breakdown by Category

    10.2.5.2.3 Canada Plant Based Meat Products Market Breakdown by Distribution Channel

    10.2.5.3 Mexico Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.2.5.3.1 Mexico Plant Based Meat Products Market Breakdown by Type

    10.2.5.3.2 Mexico Plant Based Meat Products Market Breakdown by Category

    10.2.5.3.3 Mexico Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3 Europe Plant Based Meat Products Market Revenue and Forecasts to 2028

    10.3.1 Europe Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.2 Europe Plant Based Meat Products Market Breakdown by Type

    10.3.3 Europe Plant Based Meat Products Market Breakdown by Category

    10.3.4 Europe Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3.5 Europe Plant Based Meat Products Market Breakdown, by Key Countries

    10.3.5.1 Germany Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.5.1.1 Germany Plant Based Meat Products Market Breakdown by Type

    10.3.5.1.2 Germany Plant Based Meat Products Market Breakdown by Category

    10.3.5.1.3 Germany Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3.5.2 France Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.5.2.1 France Plant Based Meat Products Market Breakdown by Type

    10.3.5.2.2 France Plant Based Meat Products Market Breakdown by Category

    10.3.5.2.3 France Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3.5.3 Italy Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.5.3.1 Italy Plant Based Meat Products Market Breakdown by Type

    10.3.5.3.2 Italy Plant Based Meat Products Market Breakdown by Category

    10.3.5.3.3 Italy Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3.5.4 UK Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.5.4.1 UK Plant Based Meat Products Market Breakdown by Type

    10.3.5.4.2 UK Plant Based Meat Products Market Breakdown by Category

    10.3.5.4.3 UK Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3.5.5 Russia Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.5.5.1 Russia Plant Based Meat Products Market Breakdown by Type

    10.3.5.5.2 Russia Plant Based Meat Products Market Breakdown by Category

    10.3.5.5.3 Russia Plant Based Meat Products Market Breakdown by Distribution Channel

    10.3.5.6 Rest of Europe Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.3.5.6.1 Rest of Europe Plant Based Meat Products Market Breakdown by Type

    10.3.5.6.2 Rest of Europe Plant Based Meat Products Market Breakdown by Category

    10.3.5.6.3 Rest of Europe Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4 Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028

    10.4.1 Asia Pacific Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.2 Asia Pacific Plant Based Meat Products Market Breakdown by Type

    10.4.3 Asia Pacific Plant Based Meat Products Market Breakdown by Category

    10.4.4 Asia Pacific Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4.5 Asia Pacific Plant Based Meat Products Market Breakdown, by Key Countries

    10.4.5.1 Australia Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.5.1.1 Australia Plant Based Meat Products Market Breakdown by Type

    10.4.5.1.2 Australia Plant Based Meat Products Market Breakdown by Category

    10.4.5.1.3 Australia Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4.5.2 China Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.5.2.1 China Plant Based Meat Products Market Breakdown by Type

    10.4.5.2.2 China Plant Based Meat Products Market Breakdown by Category

    10.4.5.2.3 China Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4.5.3 India Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.5.3.1 India Plant Based Meat Products Market Breakdown by Type

    10.4.5.3.2 India Plant Based Meat Products Market Breakdown by Category

    10.4.5.3.3 India Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4.5.4 Japan Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.5.4.1 Japan Plant Based Meat Products Market Breakdown by Type

    10.4.5.4.2 Japan Plant Based Meat Products Market Breakdown by Category

    10.4.5.4.3 Japan Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4.5.5 South Korea Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.5.5.1 South Korea Plant Based Meat Products Market Breakdown by Type

    10.4.5.5.2 South Korea Plant Based Meat Products Market Breakdown by Category

    10.4.5.5.3 South Korea Plant Based Meat Products Market Breakdown by Distribution Channel

    10.4.5.6 Rest of Asia Pacific Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.4.5.6.1 Rest of Asia Pacific Plant Based Meat Products Market Breakdown by Type

    10.4.5.6.2 Rest of Asia Pacific Plant Based Meat Products Market Breakdown by Category

    10.4.5.6.3 Rest of Asia Pacific Plant Based Meat Products Market Breakdown by Distribution Channel

    10.5 Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028

    10.5.1 Middle East & Africa Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.5.2 Middle East & Africa Plant Based Meat Products Market Breakdown by Type

    10.5.3 Middle East & Africa Plant Based Meat Products Market Breakdown by Category

    10.5.4 Middle East & Africa Plant Based Meat Products Market Breakdown by Distribution Channel

    10.5.5 Middle East & Africa Plant Based Meat Products Market Breakdown, by Key Countries

    10.5.5.1 South Africa Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.5.5.1.1 South Africa Plant Based Meat Products Market Breakdown by Type

    10.5.5.1.2 South Africa Plant Based Meat Products Market Breakdown by Category

    10.5.5.1.3 South Africa Plant Based Meat Products Market Breakdown by Distribution Channel

    10.5.5.2 Saudi Arabia Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.5.5.2.1 Saudi Arabia Plant Based Meat Products Market Breakdown by Type

    10.5.5.2.2 Saudi Arabia Plant Based Meat Products Market Breakdown by Category

    10.5.5.2.3 Saudi Arabia Plant Based Meat Products Market Breakdown by Distribution Channel

    10.5.5.3 UAE Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.5.5.3.1 UAE Plant Based Meat Products Market Breakdown by Type

    10.5.5.3.2 UAE Plant Based Meat Products Market Breakdown by Category

    10.5.5.3.3 UAE Plant Based Meat Products Market Breakdown by Distribution Channel

    10.5.5.4 Rest of the Middle East & Africa Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.5.5.4.1 Rest of the Middle East & Africa Plant Based Meat Products Market Breakdown by Type

    10.5.5.4.2 Rest of the Middle East & Africa Plant Based Meat Products Market Breakdown by Category

    10.5.5.4.3 Rest of the Middle East & Africa Plant Based Meat Products Market Breakdown by Distribution Channel

    10.6 South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028

    10.6.1 South and Central America Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.6.2 South and Central America Plant Based Meat Products Market Breakdown by Type

    10.6.3 South and Central America Plant Based Meat Products Market Breakdown by Category

    10.6.4 South and Central America Plant Based Meat Products Market Breakdown by Distribution Channel

    10.6.5 South and Central America Plant Based Meat Products Market Breakdown, by Key Countries

    10.6.5.1 Brazil Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.6.5.1.1 Brazil Plant Based Meat Products Market Breakdown by Type

    10.6.5.1.2 Brazil Plant Based Meat Products Market Breakdown by Category

    10.6.5.1.3 Brazil Plant Based Meat Products Market Breakdown by Distribution Channel

    10.6.5.2 Argentina Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.6.5.2.1 Argentina Plant Based Meat Products Market Breakdown by Type

    10.6.5.2.2 Argentina Plant Based Meat Products Market Breakdown by Category

    10.6.5.2.3 Argentina Plant Based Meat Products Market Breakdown by Distribution Channel

    10.6.5.3 Rest of South and Central America Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

    10.6.5.3.1 Rest of South and Central America Plant Based Meat Products Market Breakdown by Type

    10.6.5.3.2 Rest of South and Central America Plant Based Meat Products Market Breakdown by Category

    10.6.5.3.3 Rest of South and Central America Plant Based Meat Products Market Breakdown by Distribution Channel

    11. Impact of COVID-19 Pandemic on Global Plant Based Meat Products Market

    11.1 Impact of COVID-19 on Plant Based Meat Products Market

    11.2 North America: Impact Assessment of COVID-19 Pandemic

    11.3 Europe Impact Assessment of COVID-19 Pandemic

    11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic

    11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

    11.6 South & Central America: Impact Assessment of COVID-19 Pandemic

    12. Industry Landscape

    12.1 Overview

    12.2 Market Initiative

    12.3 New Product Development

    13. Company Profiles

    13.1 Beyond Meat

    13.1.1 Key Facts

    13.1.2 Business Description

    13.1.3 Products and Services

    13.1.4 Financial Overview

    13.1.5 SWOT Analysis

    13.1.6 Key Developments

    13.2 Conagra Brands, Inc.

    13.2.1 Key Facts

    13.2.2 Business Description

    13.2.3 Products and Services

    13.2.4 Financial Overview

    13.2.5 SWOT Analysis

    13.2.6 Key Developments

    13.3 Kellogg's Company

    13.3.1 Key Facts

    13.3.2 Business Description

    13.3.3 Products and Services

    13.3.4 Financial Overview

    13.3.5 SWOT Analysis

    13.3.6 Key Developments

    13.4 Tofurky

    13.4.1 Key Facts

    13.4.2 Business Description

    13.4.3 Products and Services

    13.4.4 Financial Overview

    13.4.5 SWOT Analysis

    13.4.6 Key Developments

    13.5 Field Roast

    13.5.1 Key Facts

    13.5.2 Business Description

    13.5.3 Products and Services

    13.5.4 Financial Overview

    13.5.5 SWOT Analysis

    13.5.6 Key Developments

    13.6 Before the Butcher

    13.6.1 Key Facts

    13.6.2 Business Description

    13.6.3 Products and Services

    13.6.4 Financial Overview

    13.6.5 SWOT Analysis

    13.6.6 Key Developments

    13.7 VBites Foods Ltd

    13.7.1 Key Facts

    13.7.2 Business Description

    13.7.3 Products and Services

    13.7.4 Financial Overview

    13.7.5 SWOT Analysis

    13.7.6 Key Developments

    13.8 Hilary's - Drink Eat Well, LLC

    13.8.1 Key Facts

    13.8.2 Business Description

    13.8.3 Products and Services

    13.8.4 Financial Overview

    13.8.5 SWOT Analysis

    13.8.6 Key Developments

    13.9 Quorn

    13.9.1 Key Facts

    13.9.2 Business Description

    13.9.3 Products and Services

    13.9.4 Financial Overview

    13.9.5 SWOT Analysis

    13.9.6 Key Developments

    13.10 Impossible Foods Inc.

    13.10.1 Key Facts

    13.10.2 Business Description

    13.10.3 Products and Services

    13.10.4 Financial Overview

    13.10.5 SWOT Analysis

    13.10.6 Key Developments

    14. Appendix

    14.1 About The Insight Partners

    14.2 Word Index

    LIST OF TABLES

    Table 1. Plant Based Meat Products Market –Revenue and Forecast to 2028 (US$ Million)

    Table 2. Global Plant Based Meat Products Market, by Type– Revenue and Forecast to 2028 (US$ Million)

    Table 3. Global Plant Based Meat Products Market, by Category– Revenue and Forecast to 2028 (US$ Million)

    Table 4. Global Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 5. North America Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 6. North America Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 7. North America Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 8. US Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 9. US Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 10. US Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 11. Canada Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 12. Canada Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 13. Canada Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 14. Mexico Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 15. Mexico Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 16. Mexico Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 17. Europe Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 18. Europe Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 19. Europe Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 20. Germany Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 21. Germany Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 22. Germany Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 23. France Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 24. France Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 25. France Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 26. Italy Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 27. Italy Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 28. Italy Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 29. UK Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 30. UK Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 31. UK Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 32. Russia Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 33. Russia Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 34. Russia Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 35. Rest of Europe Plant Based Meat Products Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 36. Rest of Europe Plant Based Meat Products Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 37. Rest of Europe Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 38. Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 39. Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 40. Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 41. Australia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 42. Australia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 43. Australia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 44. China Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 45. China Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 46. China Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 47. India Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 48. India Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 49. India Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 50. Japan Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 51. Japan Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 52. Japan Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 53. South Korea Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 54. South Korea Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 55. South Korea Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 56. Rest of Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 57. Rest of Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 58. Rest of Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 59. Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 60. Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 61. Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 62. South Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 63. South Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 64. South Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 65. Saudi Arabia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 66. Saudi Arabia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 67. Saudi Arabia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 68. UAE Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 69. UAE Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 70. UAE Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 71. Rest of the Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 72. Rest of the Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 73. Rest of the Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 74. South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 75. South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 76. South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 77. Brazil Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 78. Brazil Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 79. Brazil Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 80. Argentina Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 81. Argentina Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 82. Argentina Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

    Table 83. Rest of South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

    Table 84. Rest of South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

    Table 85. Rest of South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2029 – By Distribution Channel (US$ Million)

    Table 86. List of Abbreviation


    LIST OF FIGURES

    Figure 1. Plant Based Meat Products Market Segmentation

    Figure 2. Plant Based Meat Products Market Segmentation – By Geography

    Figure 3. Global Plant Based Meat Products Market Overview

    Figure 4. Plant Based Meat Products Market: By Type

    Figure 5. Plant Based Meat Products Market: By Region

    Figure 6. Global Plant Based Meat Products Market, Key Market Players

    Figure 7. Porter's Five Forces Analysis

    Figure 8. Expert Opinion

    Figure 9. Value Chain: Plant-based Meat Patties

    Figure 10. Registrations for Veganuary Campaign from 2015 to 2021

    Figure 11. Global Plant-Based Meat Products Market Impact Analysis of Drivers and Restraints

    Figure 12. Geographic Overview of Plant Based Meat Products Market

    Figure 13. Global: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 14. Plant Based Meat Products Market Revenue Share, By Type (2020 and 2028)

    Figure 15. Patties: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 16. Nuggets: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 17. Meatballs: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 18. Sausages: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 19. Others: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 20. Plant Based Meat Products Market Revenue Share, By Category (2020 and 2028)

    Figure 21. Frozen: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 22. Refrigerated: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 23. Ambient: Plant Based Meat Products Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 24. Plant Based Meat Products Market Revenue Share, By Distribution Channel (2020 and 2028)

    Figure 25. Supermarkets and Hypermarkets: Plant Based Meat Products Market– Revenue and Forecast To 2028 (US$ Million)

    Figure 26. Convenience Stores: Plant Based Meat Products Market– Revenue and Forecast To 2028 (US$ Million)

    Figure 27. Online Retail: Plant Based Meat Products Market– Revenue and Forecast To 2028 (US$ Million)

    Figure 28. Others: Plant Based Meat Products Market– Revenue and Forecast To 2028 (US$ Million)

    Figure 29. Plant Based Meat Products Market, Global Breakdown by Region, 2020 & 2028 (%)

    Figure 30. North America Plant Based Meat Products Market Revenue and Forecasts to 2028 (US$ Million)

    Figure 31. North America Plant Based Meat Products Market Breakdown by Type, 2020 & 2028 (%)

    Figure 32. North America Plant Based Meat Products Market Breakdown by Category, 2020 & 2028 (%)

    Figure 33. North America Plant Based Meat Products Market Breakdown by Distribution Channel, 2020 & 2028 (%)

    Figure 34. North America Plant Based Meat Products Market Breakdown by Key Countries, 2020 & 2028 (%)

    Figure 35. US Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 36. Canada Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 37. Mexico Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 38. Europe Plant Based Meat Products Market Revenue and Forecasts to 2028 (US$ Million)

    Figure 39. Europe Plant Based Meat Products Market Breakdown by Type, 2020 & 2028 (%)

    Figure 40. Europe Plant Based Meat Products Market Breakdown by Category, 2020 & 2028 (%)

    Figure 41. Europe Plant Based Meat Products Market Breakdown by Distribution Channel, 2020 & 2028 (%)

    Figure 42. Europe Plant Based Meat Products Market Breakdown by Key Countries, 2020 & 2028 (%)

    Figure 43. Germany Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 44. France Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 45. Italy Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 46. UK Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 47. Russia Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 48. Rest of Europe Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 49. Asia Pacific Plant Based Meat Products Market Revenue and Forecasts to 2028 (US$ Million)

    Figure 50. Asia Pacific Plant Based Meat Products Market Breakdown by Type, 2020 & 2028 (%)

    Figure 51. Asia Pacific Plant Based Meat Products Market Breakdown by Category, 2020 & 2028 (%)

    Figure 52. Asia Pacific Plant Based Meat Products Market Breakdown by Distribution Channel, 2020 & 2028 (%)

    Figure 53. Asia Pacific Plant Based Meat Products Market Breakdown by Key Countries, 2020 & 2028 (%)

    Figure 54. Australia Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 55. China Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 56. India Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 57. Japan Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 58. South Korea Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 59. Rest of Asia Pacific Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 60. Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 (US$ Million)

    Figure 61. Middle East & Africa Plant Based Meat Products Market Breakdown by Type, 2020 & 2028 (%)

    Figure 62. Middle East & Africa Plant Based Meat Products Market Breakdown by Category, 2020 & 2028 (%)

    Figure 63. Middle East & Africa Plant Based Meat Products Market Breakdown by Distribution Channel, 2020 & 2028 (%)

    Figure 64. Middle East & Africa Plant Based Meat Products Market Breakdown by Key Countries, 2020 & 2028 (%)

    Figure 65. South Africa Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 66. Saudi Arabia Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 67. UAE Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 68. Rest of the Middle East & Africa Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 69. South and Central America Plant Based Meat Products Market Revenue and Forecasts to 2028 (US$ Million)

    Figure 70. South and Central America Plant Based Meat Products Market Breakdown by Type, 2020 & 2028 (%)

    Figure 71. South and Central America Plant Based Meat Products Market Breakdown by Category, 2020 & 2028 (%)

    Figure 72. South and Central America Plant Based Meat Products Market Breakdown by Distribution Channel, 2020 & 2028 (%)

    Figure 73. South and Central America Plant Based Meat Products Market Breakdown by Key Countries, 2020 & 2028 (%)

    Figure 74. Brazil Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 75. Argentina Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 76. Rest of South and Central America Plant Based Meat Products Market Forecasts to 2028 (US$ Million)

    Figure 77. Impact of COVID-19 Pandemic in North America Plant Based Meat Products Market

    Figure 78. Impact of COVID-19 Pandemic in Europe Plant Based Meat Products Market

    Figure 79. Impact of COVID-19 Pandemic in Asia Pacific Plant Based Meat Products Market

    Figure 80. Impact of COVID-19 Pandemic in the Middle East & Africa Plant Based Meat Products Market

    Figure 81. Impact of COVID-19 Pandemic in South & Central America Plant Based Meat Products Market

    The List of Companies - Plant-Based Meat Products Market
    1. Beyond Meat
    2. Conagra Brands, Inc.
    3. Kellogg’s Company
    4. Tofurky
    5. Field Roast
    6. Before the Butcher
    7. VBites Foods Inc.
    8. Hilary’s – Drink Eat Well, LLC.
    9. Quorn
    10. Impossible Foods Inc.
    • 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 global plant-based meat products market, thereby allowing players to develop effective long-term strategies.
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
    • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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