Global Plant-based Meat Market 2022-2028
According to latest analysis by Gen Consulting Company, the global plant-based meat market is poised to grow by USD 9 billion during 2022-2028, progressing at a CAGR of 14.5% during the forecast period.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plant-based meat market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plant-based meat industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the source, category, meat type, product, distribution channel, and region. The global market for plant-based meat can be segmented by source: pea, soy, wheat, others. The soy segment was the largest contributor to the global plant-based meat market in 2021. Plant-based meat market is further segmented by category: frozen, refrigerated, others. According to the research, the refrigerated segment had the largest share in the global plant-based meat market. Based on meat type, the plant-based meat market is segmented into: beef, chicken, fish, pork, others. On the basis of product, the plant-based meat market also can be divided into: burger patties, meatballs, sausages, strips and nuggets, others. Globally, the strips and nuggets segment made up the largest share of the plant-based meat market. Plant-based meat market by distribution channel is categorized into: convenience stores, online, specialty stores, supermarket and hypermarkets, others. The plant-based meat market by region can be segmented into: Asia Pacific, Europe, North America, MEA (Middle East and Africa), Latin America.
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