Market Overview:
The global plant-based-protein meat market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of plant-based proteins, rising demand for vegetarian and vegan food products, and growing concerns about animal welfare. The soy-based meat alternatives segment is expected to account for the largest share of the global plant-based protein meat market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period. The mycoprotein meat alternatives segment is projected to grow at a higher rate than other segments during the forecast period.
Product Definition:
A type of protein that is derived from plants. Plant-based-protein meats are often made from beans, grains, and vegetables. They are a good source of fiber and other nutrients, and they can be a healthy alternative to meat.
Soy-based Meat Alternatives:
Soy-based meat alternatives are products derived from soybean and used as an alternative to traditional animal-based proteins. Soy based product is a source of complete protein, contains all the essential amino acids and has low fat & cholesterol content. The global meat alternatives market size was valued at USD 1.89 billion in 2015 and is expected to witness significant growth over the forecast period owing to growing health awareness among consumers across the globe especially in developed economies including Germany, UK, France & U.S.
Mycoprotein Meat Alternatives:
Mycoprotein meat alternatives are plant-based proteins derived from soy, wheat and corn. These products have high amino acid content which makes them ideal for use in the production of meat analogs. The product is expected to gain popularity among consumers owing to its ability to provide similar texture and taste as that of traditional red meats such as beef and pork without the associated health risks.
Application Insights:
The demand for plant-based protein meat alternatives is expected to witness a rise owing to the changing dietary patterns of consumers, growing health concerns, and increasing awareness regarding sustainable food production. The non-vegetarian segment accounted for more than 70% of the global market share in terms of revenue in 2017. Non-vegetarians are increasingly adopting a healthy lifestyle by opting for low fat and low cholesterol diet products which include VBPA as an alternative source of protein.
The demand from the vegetarian population is also projected to grow significantly over the forecast period due to rising consumer preference towards soy products such as tofu and tempeh that are fortified with complete set of essential amino acids required by human body. Moreover, companies including Lightlife Foods Ltd., Morningstar Farms LLC., Gardein Inc., Quinoa Co.;s Ltd., Tofu Town USA Inc.
Regional Analysis:
North America dominated the global market in 2017, accounting for more than 35.0% of the total revenue share. The region is expected to witness a CAGR of XX% over the forecast period on account of increasing consumption across all food categories including meat-based meals, non-meat protein sources such as legumes and eggs, and plant-based proteins such as soy and wheat gluten.
The U.S., which was at the forefront in North America owing to high demand from various application segments coupled with rising health consciousness among consumers is anticipated to slow down its growth owing to saturated markets for plant-based protein alternatives meats in this country along with other developed economies globally including Germany, UK, France etc.
Growth Factors:
- Increasing awareness about the health benefits of plant-based proteins over meat proteins.
- Rising demand for healthy and sustainable food options.
- Growing number of vegetarians and vegans around the world.
- Proliferation of vegan-friendly restaurants and food products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant-based-protein Meat Market Research Report
By Type
Soy-based Meat Alternatives, Mycoprotein Meat Alternatives, Wheat-based Meat Alternatives, Other
By Application
Vegetarian, Non-vegetarian
By Companies
ConAgra Foods, Turtle Island Foods, McCain Foods, Amy's Kitchen, Atlantic Natural Foods, Nestlé USA, The Hain Celestial Group, Beyond Meat, Pacific Foods of Oregon, Monde Nissin Corporation, Kellogg Company, Fry Group Foods, Nasoya Foods, Hügli Holding (Bell Food Group), The Kraft Heinz Company, VBites Food, Lightlife Foods, Schouten Europe
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Plant-based-protein Meat Market Report Segments:
The global Plant-based-protein Meat market is segmented on the basis of:
Types
Soy-based Meat Alternatives, Mycoprotein Meat Alternatives, Wheat-based Meat Alternatives, Other
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
Vegetarian, Non-vegetarian
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:
- ConAgra Foods
- Turtle Island Foods
- McCain Foods
- Amy's Kitchen
- Atlantic Natural Foods
- Nestlé USA
- The Hain Celestial Group
- Beyond Meat
- Pacific Foods of Oregon
- Monde Nissin Corporation
- Kellogg Company
- Fry Group Foods
- Nasoya Foods
- Hügli Holding (Bell Food Group)
- The Kraft Heinz Company
- VBites Food
- Lightlife Foods
- Schouten Europe
Highlights of The Plant-based-protein Meat 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:
- Soy-based Meat Alternatives
- Mycoprotein Meat Alternatives
- Wheat-based Meat Alternatives
- Other
- By Application:
- Vegetarian
- Non-vegetarian
- 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-protein Meat 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Plant-based protein meat is meat that is made from plants, rather than animals. This type of meat can be made from a variety of sources, including soy, wheat, peas and beans.
Some of the key players operating in the plant-based-protein meat market are ConAgra Foods, Turtle Island Foods, McCain Foods, Amy's Kitchen, Atlantic Natural Foods, Nestl© USA, The Hain Celestial Group, Beyond Meat, Pacific Foods of Oregon, Monde Nissin Corporation, Kellogg Company, Fry Group Foods, Nasoya Foods, H¼gli Holding (Bell Food Group), The Kraft Heinz Company, VBites Food, Lightlife Foods, Schouten Europe.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant-based-protein Meat 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-protein Meat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plant-based-protein Meat 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-protein Meat 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-protein Meat Market Size & Forecast, 2018-2028
4.5.1 Plant-based-protein Meat Market Size and Y-o-Y Growth
4.5.2 Plant-based-protein Meat Market Absolute $ Opportunity
Chapter 5 Global Plant-based-protein Meat 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 Plant-based-protein Meat Market Size Forecast by Type
5.2.1 Soy-based Meat Alternatives
5.2.2 Mycoprotein Meat Alternatives
5.2.3 Wheat-based Meat Alternatives
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plant-based-protein Meat 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 Plant-based-protein Meat Market Size Forecast by Applications
6.2.1 Vegetarian
6.2.2 Non-vegetarian
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant-based-protein Meat 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-protein Meat 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 Plant-based-protein Meat Analysis and Forecast
9.1 Introduction
9.2 North America Plant-based-protein Meat 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 Plant-based-protein Meat Market Size Forecast by Type
9.6.1 Soy-based Meat Alternatives
9.6.2 Mycoprotein Meat Alternatives
9.6.3 Wheat-based Meat Alternatives
9.6.4 Other
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 Plant-based-protein Meat Market Size Forecast by Applications
9.10.1 Vegetarian
9.10.2 Non-vegetarian
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 Plant-based-protein Meat Analysis and Forecast
10.1 Introduction
10.2 Europe Plant-based-protein Meat 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 Plant-based-protein Meat Market Size Forecast by Type
10.6.1 Soy-based Meat Alternatives
10.6.2 Mycoprotein Meat Alternatives
10.6.3 Wheat-based Meat Alternatives
10.6.4 Other
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 Plant-based-protein Meat Market Size Forecast by Applications
10.10.1 Vegetarian
10.10.2 Non-vegetarian
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 Plant-based-protein Meat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plant-based-protein Meat 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 Plant-based-protein Meat Market Size Forecast by Type
11.6.1 Soy-based Meat Alternatives
11.6.2 Mycoprotein Meat Alternatives
11.6.3 Wheat-based Meat Alternatives
11.6.4 Other
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 Plant-based-protein Meat Market Size Forecast by Applications
11.10.1 Vegetarian
11.10.2 Non-vegetarian
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 Plant-based-protein Meat Analysis and Forecast
12.1 Introduction
12.2 Latin America Plant-based-protein Meat 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 Plant-based-protein Meat Market Size Forecast by Type
12.6.1 Soy-based Meat Alternatives
12.6.2 Mycoprotein Meat Alternatives
12.6.3 Wheat-based Meat Alternatives
12.6.4 Other
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 Plant-based-protein Meat Market Size Forecast by Applications
12.10.1 Vegetarian
12.10.2 Non-vegetarian
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) Plant-based-protein Meat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plant-based-protein Meat 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) Plant-based-protein Meat Market Size Forecast by Type
13.6.1 Soy-based Meat Alternatives
13.6.2 Mycoprotein Meat Alternatives
13.6.3 Wheat-based Meat Alternatives
13.6.4 Other
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) Plant-based-protein Meat Market Size Forecast by Applications
13.10.1 Vegetarian
13.10.2 Non-vegetarian
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-protein Meat Market: Competitive Dashboard
14.2 Global Plant-based-protein Meat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ConAgra Foods
14.3.2 Turtle Island Foods
14.3.3 McCain Foods
14.3.4 Amy's Kitchen
14.3.5 Atlantic Natural Foods
14.3.6 Nestlé USA
14.3.7 The Hain Celestial Group
14.3.8 Beyond Meat
14.3.9 Pacific Foods of Oregon
14.3.10 Monde Nissin Corporation
14.3.11 Kellogg Company
14.3.12 Fry Group Foods
14.3.13 Nasoya Foods
14.3.14 Hügli Holding (Bell Food Group)
14.3.15 The Kraft Heinz Company
14.3.16 VBites Food
14.3.17 Lightlife Foods
14.3.18 Schouten Europe
