Plant-based Meat Market
Plant-based Meat Market Study by Tofu, Tempeh, Seitan, RTC/RTE, and Natto for Retail and Industrial Use from 2024 to 2034
Analysis of Plant-based Meat Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Plant-based Meat Market Outlook (2024 to 2034)
The global plant-based meat market, as revealed in a newly published industry analysis by Fact.MR, is projected to reach a value of US$ 14.39 billion in 2024. Worldwide revenue from the sales of plant-based meat has been forecasted to rise at a CAGR of 5.8% and reach US$ 25.29 billion by 2034-end.
Sicknesses and fatalities due to obesity have been rising steadily in the twenty-first century. Growing intake of high-fat content eatables and decreasing physical activity owing to the rising sedentary nature of work are the elementary causes of rising obesity around the world. As such, more people have become cautious about their dietary patterns, which has substantially resulted in cutting down excess consumption of high calorie and fat content.
Many people are reducing their intake of meat products and are incorporating plant-based meat options due to their several health benefits. These eatables help in promoting gut health, heart health, and weight management.
Growing population of vegan people is contributing to the increased consumption of plant-based tofu and tempeh due to their health benefits. They are preferred for their sensory attributes, chewiness, and texture. Constant innovations in technology along with a greater taste of plant-based meat are contributing to its increased demand. More consumers are opting for healthy and eco-friendly alternatives to conventional beef, which is further generating lucrative opportunities for manufacturers of plant-based meat.
- Worldwide demand for plant-based meat for use in the industrial sector is analyzed to increase at a CAGR of 5.9% and reach a market value of US$ 13.96 billion by the end of 2034.
- East Asia is projected to account for 23.1% share of global market revenue by 2034.
- Demand for plant-based meat in South Korea is forecasted to increase at a CAGR of 6.5% from 2024 to 2034.
- The market in Japan is analyzed to expand at 6.3% CAGR through 2034.
| Report Attributes | Details |
|---|---|
| Plant-based Meat Market Size (2024E) | US$ 14.39 Billion |
| Forecasted Market Value (2034F) | US$ 25.29 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.8% CAGR |
| Market Share of Plant-based Meat Tempeh (2034F) | 22.4% |
| Canada Market Growth Rate (2024 to 2034) | 6.3% CAGR |
| North America Market Share (2034F) | 24.3% |
| Key Companies Profiled | Amy’s Kitchen Inc.; Pinnacle Foods, Inc.; Impossible Foods Inc.; Kellogg Company; Beyond Meat Inc.; Meat. The End; Fry Group Foods (Pty) Ltd.; The Kraft Heinz Company; Turtle Island Foods, Inc.; Maple Leaf Foods; Tofurky; Sunfed; Yves Veggie Cuisine; Ligthlife Foods, Inc.; Vegetarian Butcher Conagra, Inc.; Trader Joe’s |
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Which Key Plant-based Meat Market Trends are Companies Leveraging?
“Sustainability, Health, and Ethics Main Pillars for Market Growth”
Global market growth is attributed to the increasing incidence of cardiovascular diseases and chronic illnesses such as obesity. Increasing popularity of the vegan diet is pushing more manufacturers to come up with a wide variety of plant-based meat options for their health benefits. Reduced saturated fat, absence of cholesterol, and antibiotics are contributing to the growing preference for plant-based meat options.
Growing population and increased demand for meat products lead to over-slaughtering as well as the depletion of animals. As such, sustainability has become a noteworthy purchasing factor for more people, especially among Generation X and millennials. Rising concerns about animal welfare and the environment are driving meat substitute demand. Certain stringent regulations are imposed by federal and state governments on the breeding and slaughtering of meat animals, which is further positively impacting demand for plant-based meat options.
Why is the Plant-based Meat Market Size Not Expanding as Per Expectations?
“Issues Related to Acceptance of Plant-based Meat Options”
Several consumers are concerned about the texture and taste of plant-based meat as it does not perfectly resemble the taste of real meat. These alternatives are more expensive, which is also limiting their adoption. Moreover, a lack of knowledge and availability of plant-based meat in limited areas is also restraining their demand. More consumers are also concerned related to the sourcing, health impacts, and processing of ingredients, which is restraining market expansion.
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What is the Contribution of Startups to Plant-based Meat Market Growth?
“Focus on Producing Plant-based Meat with Improved Texture and Taste”
New market players are investing in the development of plant-based meat with improved texture and flavor with the use of advanced technologies. This will help market players attract a larger base of consumers and ensure the availability of more options in plant-centric diets.
Country-wise Insights
North America is forecasted to occupy 24.3% of the global plant-based meat market share by the end of 2034, as opined in the newly published analysis by Fact.MR, a market research and competitive intelligence provider. The increasing demand for plant-based meat in the region is attributed to their preference for healthy lifestyles due to rising cases of obesity.
What is the Future of Plant-based Meat Manufacturers in the United States?
“Increasing Consumption of Plant-based Meat to Revolutionize Dining Practices”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1.53 Billion |
| Growth Rate (2024 to 2034) | 6.2% CAGR |
| Projected Value (2034F) | US$ 2.8 Billion |
The United States is analyzed to capture a share of 45.6% of North American market revenue by 2034. Increasing consumer interest in more sustainable and healthier food options is contributing to responsible development practices. More Americans are embracing plant-based meat options in their menus, which is resulting in their increased visibility and availability in the country. Technological advancements in production techniques used in preparing plant-based meat are helping manufacturers in offering products with improved texture and flavor resemblance to traditional meals.
Why is China a Key Market for Plant-based Meat Products?
“Dietary Transformation to Plant-based Patties from Dumplings”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 1.58 Billion |
| Growth Rate (2024 to 2034) | 5.8% CAGR |
| Projected Value (2034F) | US$ 2.77 Billion |
China is projected to account for 47.5% share of the market in East Asia by 2034-end. More people in the country are taking an interest in plant-based meat substitutes. The growing population of health-conscious consumers is generating demand for plant-based options with low cholesterol and fat content. Plant-based meat is generally seen as a more environment-friendly and healthier alternative to conventional meat options.
The government in China is promoting more sustainable and healthier food options in connection with changing climate programs. Several local and multinational food chains are offering plant-based food options, making them more appealing and accessible to a larger consumer base.
Will Japan Provide Lucrative Opportunities for Market Players?
“Shifting Preference to Plant-based Meat for Greener Future”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 931.5 Million |
| Growth Rate (2024 to 2034) | 6.3% CAGR |
| Projected Value (2034F) | US$ 1.72 Billion |
Japan is approximated to possess a share of 29.4% of the East Asian market by the end of 2034. More individuals in the country are becoming more cautious about the adverse effects of producing conventional meat on the environment, such as greenhouse gas emissions. Thereby, they are opting for environment-friendly and ethical alternatives, including plant-based meat.
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Category-wise Insights
Based on sources, the global market is classified into soy, wheat, and mycoprotein. Among these, soy-based plant-based meat production is becoming more popular as it’s a nutrient-rich legume and mimics the texture and flavor of traditional poultry and meat. Unlike corn and wheat, soy is a more compatible component for use in plant-based meat for people in Asia Pacific.
Why is Tempeh Consumed More Than Other Plant-based Meat Options?
“High Consumption of Tempeh Due to Substantial Vitamin B12 and Protein Content”
| Attribute | Tempeh |
|---|---|
| Segment Value (2024E) | US$ 3.48 Billion |
| Growth Rate (2024 to 2034) | 5% CAGR |
| Projected Value (2034F) | US$ 5.66 Billion |
Plant-based tempeh is calculated to hold a share of 22.4% of the global market by the end of 2034. The increased popularity of tempeh as an effective alternative to meat among vegetarians and vegans is due to its higher content of vitamin B12. In addition, it is also used as a popular protein source and contains amino acids required for healthy muscles and bones.
Why Does the Industrial Sector Account for High Revenue Generation?
“Rising Popularity of Flexitarian and Vegan Diets”
| Attribute | Industrial |
|---|---|
| Segment Value (2024E) | US$ 7.86 Billion |
| Growth Rate (2024 to 2034) | 5.9% CAGR |
| Projected Value (2034F) | US$ 13.96 Billion |
The industrial sector is evaluated to contribute 55.2% share of global market revenue by 2034-end. In lieu of the increasing popularity of flexitarian and vegan diets, several fast food chains, restaurants, and casual dining venues are coming up with a ‘meat-free’ option in their menu. Thereby, market players are capitalizing on these changes and are offering customized solutions as per the requirements of end users.
Competitive Landscape
Key players in the plant-based meat market are incorporating sustainability and agility in their manufacturing procedures to achieve long-term success with the changing regulatory framework.
For instance
- Meat. The End is an Israel-based food technology company that offers texturized protein and several meat substitutes such as burgers and nuggets. These are sold at Burger King Israel. In April 2023, the company produced the first global texturized burger with chickpea protein.
- Beyond Meat, in October 2022, announced the start of the testing of its plant-based Beyond Chicken, known as Beyond Popcorn Chicken. Faba bean protein and wheat gluten are used as the base of the steak. Each serving contains around 1g of saturated fat, 300mg of sodium, and 21g of protein.
Fact.MR provides detailed information about the price points of key manufacturers of plant-based meat positioned across the world, sales growth, production capacity, and speculative technological expansion, in this newly published market report.
Segmentation of Plant-based Meat Market Research
-
By Product Type:
- Tofu
- Tempeh
- Seitan
- RTC/RTE
- Natto
-
By Source:
- Soy-based
- Wheat-based
- Mycoprotein
- Others
-
By End Use:
- Retail
- Industrial
-
By Distribution Channel:
- Business to Business
- Business to Consumer
- Modern Groceries
- Convenience Stores
- Traditional Stores
- Food & Dress Specialty Stores
- Online Retail
-
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- MEA
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Source 6.2. Product Type 6.3. Distribution Channel 6.4. End Use 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Source 7.1. Soy-based 7.2. Wheat-based 7.3. Mycoprotein 7.4. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type 8.1. Tofu 8.2. Tempeh 8.3. Seitan 8.4. RTC/RTE 8.5. Natto 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel 9.1. Business to Business 9.2. Business to Consumer 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 10.1. Retail 10.2. Industrial 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. Middle East & Africa 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. Sales Forecast 2024 to 2034 by Source, Product Type, Distribution Channel, End Use, and Region for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Amy’s Kitchen Inc. 21.2. Pinnacle Foods, Inc. 21.3. Impossible Foods Inc. 21.4. Kellogg Company 21.5. Beyond Meat Inc. 21.6. Meat. The End 21.7. Fry Group Foods (Pty) Ltd. 21.8. The Kraft Heinz Company 21.9. Turtle Island Foods, Inc. 21.10. Maple Leaf Foods 21.11. Tofurky 21.12. Sunfed 21.13. Yves Veggie Cuisine 21.14. Ligthlife Foods, Inc. 21.15. Vegetarian Butcher Conagra, Inc. 21.16. Trader Joe’s 22. Assumptions and Acronyms Used 23. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 2: Global Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 4: Global Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 5: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 7: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 8: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 13: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 14: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 25: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 26: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 27: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 28: North America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 29: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 30: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 37: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 38: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 39: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 40: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 41: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 42: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 43: Latin America Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 44: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 45: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: Western Europe Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 50: Western Europe Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 51: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 52: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 53: Western Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 54: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 55: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 56: Western Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 57: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 58: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 59: Western Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: Eastern Europe Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 65: Eastern Europe Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 66: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 67: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 68: Eastern Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 69: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 70: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 71: Eastern Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 72: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 73: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 74: Eastern Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 75: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 76: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 77: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 78: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 79: East Asia Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 80: East Asia Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 81: East Asia Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 82: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 83: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 84: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 85: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 86: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 87: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 88: East Asia Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 89: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 90: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 91: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 92: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 93: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 94: South Asia & Pacific Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 95: South Asia & Pacific Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 96: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 97: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 98: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 99: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 100: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 101: South Asia & Pacific Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 102: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 103: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 104: South Asia & Pacific Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 105: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 106: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 107: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 108: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 109: MEA Market Value (US$ Mn) Analysis, by Source, 2019 to 2023
Table 110: MEA Market Value (US$ Mn) Analysis, by Source, 2024 to 2034
Table 111: MEA Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034
Table 112: MEA Market Value (US$ Mn) Analysis, by Product Type, 2019 to 2023
Table 113: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034
Table 114: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034
Table 115: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2019 to 2023
Table 116: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 117: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 118: MEA Market Value (US$ Mn) Analysis, by End Use, 2019 to 2023
Table 119: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 120: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 4: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 5: Global Market Share and BPS Analysis by Source, 2024 & 2034
Figure 6: Global Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 7: Global Market Attractiveness Analysis by Source, 2024 to 2034
Figure 8: Global Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 9: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 17: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 18: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 19: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 20: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 21: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 22: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 23: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 24: North America Market Share Analysis by Country, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Source, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Source, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 33: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 34: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 35: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 36: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 37: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 38: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 39: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 40: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 41: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 42: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 43: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Source, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Source, 2024 to 2034
Figure 49: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 50: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 51: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 52: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 53: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 54: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 55: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 59: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 60: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 61: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 62: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Western Europe Market Share and BPS Analysis by Source, 2024 & 2034
Figure 66: Western Europe Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 67: Western Europe Market Attractiveness Analysis by Source, 2024 to 2034
Figure 68: Western Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 69: Western Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 70: Western Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Western Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 72: Western Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 73: Western Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 74: Western Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 75: Western Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 76: Western Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 77: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 78: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 79: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 80: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 81: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 82: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 83: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 84: Eastern Europe Market Share and BPS Analysis by Source, 2024 & 2034
Figure 85: Eastern Europe Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 86: Eastern Europe Market Attractiveness Analysis by Source, 2024 to 2034
Figure 87: Eastern Europe Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 88: Eastern Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 90: Eastern Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 91: Eastern Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 92: Eastern Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 93: Eastern Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 94: Eastern Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 95: Eastern Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 96: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 97: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 98: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 99: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 100: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 101: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 102: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 103: East Asia Market Share and BPS Analysis by Source, 2024 & 2034
Figure 104: East Asia Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 105: East Asia Market Attractiveness Analysis by Source, 2024 to 2034
Figure 106: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 107: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 108: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 109: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 110: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 111: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 112: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 113: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 114: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 115: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 116: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 117: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 118: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 119: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 120: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 121: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 122: South Asia & Pacific Market Share and BPS Analysis by Source, 2024 & 2034
Figure 123: South Asia & Pacific Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 124: South Asia & Pacific Market Attractiveness Analysis by Source, 2024 to 2034
Figure 125: South Asia & Pacific Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 126: South Asia & Pacific Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 127: South Asia & Pacific Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 128: South Asia & Pacific Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 129: South Asia & Pacific Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 130: South Asia & Pacific Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 131: South Asia & Pacific Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 132: South Asia & Pacific Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 133: South Asia & Pacific Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 134: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 135: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 136: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 137: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 138: MEA Market Share Analysis by Country, 2024 & 2034
Figure 139: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 140: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 141: MEA Market Share and BPS Analysis by Source, 2024 & 2034
Figure 142: MEA Market Y-o-Y Growth Projections by Source, 2024 to 2034
Figure 143: MEA Market Attractiveness Analysis by Source, 2024 to 2034
Figure 144: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034
Figure 145: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034
Figure 146: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 147: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 148: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 149: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 150: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 151: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 152: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
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- FAQs -
How large is the plant-based meat market in 2024?
The global plant-based meat market is valued at US$ 14.39 billion in 2024.
What is the demand outlook for plant-based meat by 2034?
Worldwide sales of plant-based meat are forecasted to reach US$ 25.29 billion by 2034.
At what rate are the sales of plant-based meat evaluated to rise?
The market for plant-based meat is projected to expand at a CAGR of 5.8% from 2024 to 2034.
What is the contribution of North America to global market revenue?
North America is evaluated to hold 24.3% share of the global market by 2034.
What is the CAGR for plant-based meat sales in South Korea?
Sales of plant-based meat in South Korea are analyzed to rise at 6.5% CAGR through 2034.
How much share of the global market will plant-based meat tempeh hold?
Plant-based meat tempeh is approximated to account for 22.4% of global market revenue by 2034.
Who are the leading manufacturers of plant-based meat?
Amy’s Kitchen Inc., Pinnacle Foods, Inc., Impossible Foods Inc., Kellogg Company, and Beyond Meat Inc. are some of the key market players.
Plant-based Meat Market