Global Plant-Based Vegetarian Meat Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Plant-Based Vegetarian Meat market size was valued at US$ 1812 million in 2024 and is forecast to a readjusted size of USD 3555 million by 2031 with a CAGR of 9.9% during review period.

Plant-based Meat made from plants such as soy. It is especially designed and created to look like, taste like, and cook like conventional meat. Artificial meat can be in the form of a burger patty, nuggets, or even crumbles and sausages and as it grows more popular, these veggie-based alternatives are shaking up the meat industry and everything we thought we knew about veggie burgers. Products from different manufacturers have different formulas. Different types of protein and different taste. Therefore, the source of plant protein in plant meat is basically a compound formula composed of soy protein, broad bean protein, and chickpea protein etc.

Global key players of plant-based vegetarian meat include Beyond Meat, Impossible Foods, Turtle Island Foods, Maple Leaf, etc. Global top five manufacturers hold a share over 69%. In terms of product, meat products are the largest segment, with a share over 76%. And in terms of application, the largest application is retail, with a share over 54%.

Geographically, Americas market is the fastest-growing region, especially North America, which plays a more important role in the world. Americas market hold about 62.4% of the global revenue share, while the Europe market is the No.2 market, hold about 22% of the global market.

From the Countries side, United States, Canada and China are the Top 3 largest consumption countries. United States holds about 42% of the global market, players such as Beyond Meat and Impossible Foods, are famous brands with leading product technologies. Canada market holds about 16% of the global market in 2021, Yves Veggie Cuisine is a big player located in Canada.

This report is a detailed and comprehensive analysis for global Plant-Based Vegetarian Meat market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Plant-Based Vegetarian Meat market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031

Global Plant-Based Vegetarian Meat market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031

Global Plant-Based Vegetarian Meat market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031

Global Plant-Based Vegetarian Meat market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Plant-Based Vegetarian Meat

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Plant-Based Vegetarian Meat market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Beyond Meat, Impossible Foods, Torfurky (Turtle Island Foods), Maple Leaf, Yves Veggie Cuisine, Nestle, Kellogg's, Qishan Foods, Hongchang Food, Sulian Food, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Plant-Based Vegetarian Meat market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Meat Products
Meat

Market segment by Application
Food Service
Retail
Others

Major players covered
Beyond Meat
Impossible Foods
Torfurky (Turtle Island Foods)
Maple Leaf
Yves Veggie Cuisine
Nestle
Kellogg's
Qishan Foods
Hongchang Food
Sulian Food
Starfield
PFI Foods
Fuzhou Sutianxia
Zhen Meat
Vesta Food Lab
Cargill
Unilever
Omnipork

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Plant-Based Vegetarian Meat product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Plant-Based Vegetarian Meat, with price, sales quantity, revenue, and global market share of Plant-Based Vegetarian Meat from 2020 to 2025.

Chapter 3, the Plant-Based Vegetarian Meat competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Plant-Based Vegetarian Meat breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Plant-Based Vegetarian Meat market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Plant-Based Vegetarian Meat.

Chapter 14 and 15, to describe Plant-Based Vegetarian Meat sales channel, distributors, customers, research findings and conclusion.