Fairfield Market Research recently released a report in one of its most attractive research domains. The report provides complete growth forecast, and analysis of global plant-based meat market, clearly highlighting solid popularity of plant-based meat product varieties among consumers worldwide. Global plant-based meat market is all set for a whopping 18.9% CAGR over 2021 – 2026. The study also projects the market valuation to surpass US$13 Bn by 2026 end. While food industry continues to be significantly influenced by trends like gluten-free, sugar-free, vegetarianism, veganism, and cruelty-free, that of plant-based products is likely to impact the dynamics of the meat analogue segment. An expanding vegan population, and growing number of individuals showing preference for plant-based, and cruelty-free food and beverage products are expected to drive the growth of plant-based meat market.

Check Complete Report Details of market @ https://www.fairfieldmarketresearch.com/report/plant-based-meat-market

Expansion of Retail Provides a Fertile Ground to Plant-based Meat and Meat Products

With evolving consumer choices and the consequent trend waves created in F&B industry, brands continue to develop their competition strategies. In the light of exploding progress of retail world, a number of speciality brands are likely to be concentrating on strengthening their positioning in retail industry. As retail has been recently offering a large room to speciality product ranges that align with real-time consumer preferences, brands in categories like plant-based meat perceive retail as the most impactful, and profitable means of extending their product outreach. Leaders in retail like Nature’s Basket, and even OmniPork have been playing out as the trailblazers in plant-based meat and meat products categories at retail stores and chains.

On the other hand, foodservice industry is also gradually embracing the plant-based meat analogues trend, thereby pushing plant-based meat market growth. Subway, and Dominos have already included the same on their menus, and several others in industry are likely to follow the suit.

Detailed Table of Content

1. Executive Summary

1.1. Global Plant-Based Meat Market Snapshot

1.2. Future Projections

1.3. Market Trends

2. Market Overview

2.1. Market Definitions

2.2. Market Taxonomy

2.3. Market Dynamics

2.4. Porter’s Five Forces Analysis

2.5. Covid-19 Impact Analysis

2.6. Macroeconomic Factors

2.7. Key Developments


Complete TOC..!!!


Pea Protein Bestseller, Europe Retains the Top Spot

Pea protein, being a versatile and clean-label protein source available on the market, is likely to remain the top selling product category in plant-based meat market. The report says that consumers will continue to favour pea protein as it closely matches the texture and mouthfeel of conventional meat and is widely available.

Regional analysis reveals that Europe has been witnessing an unprecedented growth in its vegan population over the recent past. The boom around plant-based trend has also been building up rapidly. The market here is projected to remain dominance and majorly benefit from the strong strategic presence of some of the largest brands active in the meat analogue segment.

Competition Landscape – Global Plant-based Meat Market

Fairfield Market Research report on global plant-based meat market has a dedicated section for competition landscape analysis that intends to uncover some exclusive insights to help potential market participants understand the market better. While the plant-based meat landscape continues to witness entry of newer competitors on a frequent basis, the report has some of the most prominent ones profiled here, including Beyond Meat, Inc., OmniFoods, Conagra, Inc., Impossible Foods Inc., Maple Leaf Foods Inc., Kellogg's Company, Hormel Foods Corporation, VBites Food Limited, JBS SA, and Sunfed.

REPORT SCOPE & SEGMENTATION:

Source Coverage

Soy
Wheat
Pea
Others
Meat Type Coverage

Beef
Chicken
Pork
Fish
Sales Channel Coverage

Supermarket/ Hypermarket
Convenience Stores
Online
Specialty Stores
Geographical Coverage

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Leading Companies

Beyond Meat, Inc
Impossible Foods Inc
Conagra, Inc.
OmniFoods
Kellogg's Company
Maple Leaf Foods Inc
VBites Food Limited
Sunfed
JBS SA
Hormel Foods Corporation
Report Highlights

Key Developments, Market Estimates and Forecast, Market Dynamics, Porter’s Five Forces Analysis, Key Developments, Industry Trends, Macroeconomic Factors, Competition Landscape, COVID-19 Impact Analysis

Plant-Based Meat Market Press Release: https://www.fairfieldmarketresearch.com/press-release/global-plant-based-meat-market

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