Global Plant-Based Meat Market Outlook, 2026 Is Anticipated To Grow At A CAGR Of More Than 16% In Value Terms In The Forecast Period.
According to the research report "Global Plant-Based Meat Market Outlook, 2026" published by Actual Market Research, the plant-based meat product market is expected to grow with a CAGR of more than 14% by 2026. According to a 2018 University of Michigan study commissioned by Beyond Meat, found that the Beyond Burger "generates 90% less greenhouse gas emissions, requires 46% less energy, has 99% less impact on water scarcity, and 93% less impact on land use than a ¼ pound of U.S. beef." That's a monumental difference!
In this Covid-19 pandemic, the rising number of diseases in animals like bird flu made people gradually shift towards vegan and plant-based foods. This is because the growth of health concerns was more in demand during the pandemic. Another reason for consuming plant-based products can be their shelf-live. The products can be stored for a longer time, and during this pandemic, we were locked in our homes, so these plant-based products were beneficial for everyone. With this, the pandemic has also boosted up the online channels with the help of consumers ordering the nutrition-based plant-based meat products, raising the scale of online channels. According to the International Food Information Council (IFIC) Foundation's COVID-19 Consumer Research, when asked how their food shopping habits have changed from early March to early April, 4 in 10 said they were buying more shelf-stable pantry foods and buying more groceries each time they shopped.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like- Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, meat, chicken , meatballs, sausages, vegan, animal meat, alternate meat, beef, pork, burger pattie, wheat, soy, pea, gluten, fish, quinoa, legumes, seitan, lamb, turkey.
Aspects covered in this report
• Global plant based meat products market with its value and forecast along with its segments
• Region-wise plant based meat products market analysis
• Various drivers and challenges
• On-going trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Owning our reports will help you solve the following issues:
1. What is the market size and forecast of the Global Plant-Based Meat Market?
Our research and insights help our clients to foresee upcoming market size and forecast.
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Plant-Based Meat Market during the forecast period?
Our research and analysis help our clients to see how COVID-19 has Impacted the industry. This allows our clients to invest or divest their resources.
3. Which region outstands in the Global Plant-Based Meat Market?
Our research helps our clients to see which the dominating region in the market is, with supporting trends and developments.
4. Which are the segments to invest in over the forecast period in the Global Plant-Based Meat Market?
Our research report allows the company/ investor to identify the most promising product segment, which is to have more potential in the coming years.
5. What is the competitive strategic window for opportunities in the Global Plant-Based Meat Market?
Through an intensive primary study, we have identified the trends and development that can be expected in...
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