Market Overview:
The global plant-based hot dog market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of XX% during the forecast period. The market growth can be attributed to the increasing inclination of consumers towards plant-based meat products and rising awareness about the health benefits associated with them. On the basis of type, the global plant-based hot dog market has been segmented into plant-based chicken, plant-based beef, and plant-based pork. Among these, chicken segment is expected to account for a major share of the global market owing to its high demand from consumers across different regions. On the basis of application, specialty food stores are anticipated to hold a dominant position in terms of revenue contribution throughout the forecast period. This can be attributed to increasing trend among consumers for purchasing premium quality food items from such stores.
Product Definition:
A plant-based hot dog is a food item that replaces traditional pork hot dogs with plant-based alternatives. This can be done by using ingredients such as tofu, seitan, legumes, and vegetables. Plant-based hot dogs are often marketed as a healthier and more environmentally friendly alternative to traditional meat products.
Plant-Based Chicken:
Plant-based chicken is a meat substitute made from soy, wheat, pea protein, canola oil and corn. The product was first launched in the U.S., where it gained popularity owing to growing health awareness among consumers and the presence of a large vegetarian population.
The global plant-based hot dog market size was valued at USD 1.5 billion in 2016.
Plant-Based Beef:
The global plant-based beef market is expected to witness significant growth over the forecast period. Increasing health awareness among consumers, growing environmental concerns, and demand for animal welfare are some of the key factors driving this market.
Plant-based hot dogs have been gaining popularity among consumers as they offer a low-fat alternative with high nutritional value.
Application Insights:
The others application segment includes food service, institutional and industrial. The plant-based hot dogs are widely used in the specialty food stores as well as online retailing owing to their healthy ingredients and low cholesterol content. Plant-based hot dogs can be easily made vegan by using vegetable oil instead of animal fat.
Specialty foods stores accounted for more than 60% of the overall market share in 2017 on account of availability of a wider range products compared to convenience stores or supermarkets which use frozen or canned goods respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing vegan population and rising awareness about plant-based foods among consumers. Moreover, new product launches by prominent players such as Beyond Meat Inc.; Impossible Foods Inc.; and White Castle are anticipated to drive demand for plant-based hot dogs in this region.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing to increasing meat consumption patterns, especially among millennials and urban consumers in China, Japan, South Korea, India, Singapore & Malaysia. Furthermore; increased focus on a healthy lifestyle by governments across these countries will boost demand for convenient food products such as hot dogs that require minimal preparation time but still offer nutritional value required by health conscious individuals.
Growth Factors:
- Increasing demand for plant-based meat products from health-conscious consumers.
- Rising awareness about the health benefits of plant-based foods.
- Growing popularity of veganism and vegetarianism.
- Proliferation of vegan restaurants and food outlets that offer plant-based hot dogs as a main dish or side item.
- Increased marketing efforts by plant-based hot dog manufacturers targeting mainstream consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant-based Hot Dog Market Research Report
By Type
Plant-Based Chicken, Plant-Based Beef, Plant-Based Pork
By Application
Specialty Food Stores, Online Retail, Convenience Stores, Others
By Companies
Quorn Foods, Morningstar Farms, Daring Foods, Yves Veggie Cuisine, Gardein, Ingredion Inc., Glanbia Plc., Beyond Meat Inc., Nestle SA, Archer Daniels Midland Company, Cargill Incorporated, Roquette Frères S.A., Symrise
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Plant-based Hot Dog Market Report Segments:
The global Plant-based Hot Dog market is segmented on the basis of:
Types
Plant-Based Chicken, Plant-Based Beef, Plant-Based Pork
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialty Food Stores, Online Retail, Convenience Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Quorn Foods
- Morningstar Farms
- Daring Foods
- Yves Veggie Cuisine
- Gardein, Ingredion Inc.
- Glanbia Plc.
- Beyond Meat Inc.
- Nestle SA
- Archer Daniels Midland Company
- Cargill Incorporated
- Roquette Frères S.A.
- Symrise
Highlights of The Plant-based Hot Dog Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plant-Based Chicken
- Plant-Based Beef
- Plant-Based Pork
- By Application:
- Specialty Food Stores
- Online Retail
- Convenience Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plant-based Hot Dog Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A plant-based hot dog is a frankfurter made from vegetables, such as peas, beans, or lentils.
Some of the key players operating in the plant-based hot dog market are Quorn Foods, Morningstar Farms, Daring Foods, Yves Veggie Cuisine, Gardein, Ingredion Inc., Glanbia Plc., Beyond Meat Inc., Nestle SA, Archer Daniels Midland Company, Cargill Incorporated, Roquette Fr¨res S.A., Symrise.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant-based Hot Dog Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Plant-based Hot Dog Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Plant-based Hot Dog Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Plant-based Hot Dog Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Plant-based Hot Dog Market Size & Forecast, 2020-2028 4.5.1 Plant-based Hot Dog Market Size and Y-o-Y Growth 4.5.2 Plant-based Hot Dog Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plant-Based Chicken
5.2.2 Plant-Based Beef
5.2.3 Plant-Based Pork
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Specialty Food Stores
6.2.2 Online Retail
6.2.3 Convenience Stores
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant-based Hot Dog Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plant-based Hot Dog Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plant-Based Chicken
9.6.2 Plant-Based Beef
9.6.3 Plant-Based Pork
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Specialty Food Stores
9.10.2 Online Retail
9.10.3 Convenience Stores
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plant-Based Chicken
10.6.2 Plant-Based Beef
10.6.3 Plant-Based Pork
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Specialty Food Stores
10.10.2 Online Retail
10.10.3 Convenience Stores
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plant-Based Chicken
11.6.2 Plant-Based Beef
11.6.3 Plant-Based Pork
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Specialty Food Stores
11.10.2 Online Retail
11.10.3 Convenience Stores
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plant-Based Chicken
12.6.2 Plant-Based Beef
12.6.3 Plant-Based Pork
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Specialty Food Stores
12.10.2 Online Retail
12.10.3 Convenience Stores
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plant-Based Chicken
13.6.2 Plant-Based Beef
13.6.3 Plant-Based Pork
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Specialty Food Stores
13.10.2 Online Retail
13.10.3 Convenience Stores
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plant-based Hot Dog Market: Competitive Dashboard
14.2 Global Plant-based Hot Dog Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Quorn Foods
14.3.2 Morningstar Farms
14.3.3 Daring Foods
14.3.4 Yves Veggie Cuisine
14.3.5 Gardein, Ingredion Inc.
14.3.6 Glanbia Plc.
14.3.7 Beyond Meat Inc.
14.3.8 Nestle SA
14.3.9 Archer Daniels Midland Company
14.3.10 Cargill Incorporated
14.3.11 Roquette Frères S.A.
14.3.12 Symrise