Global Plant-Based Vegetarian Meat Market Growth 2025-2031

Global Plant-Based Vegetarian Meat Market Growth 2025-2031

The global Plant-Based Vegetarian Meat market size is predicted to grow from US$ 1922 million in 2025 to US$ 3495 million in 2031; it is expected to grow at a CAGR of 10.5% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Plant-Based Vegetarian Meat Industry Forecast” looks at past sales and reviews total world Plant-Based Vegetarian Meat sales in 2024, providing a comprehensive analysis by region and market sector of projected Plant-Based Vegetarian Meat sales for 2025 through 2031. With Plant-Based Vegetarian Meat sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plant-Based Vegetarian Meat industry.

This Insight Report provides a comprehensive analysis of the global Plant-Based Vegetarian Meat landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plant-Based Vegetarian Meat portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Plant-Based Vegetarian Meat market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plant-Based Vegetarian Meat and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plant-Based Vegetarian Meat.

This report presents a comprehensive overview, market shares, and growth opportunities of Plant-Based Vegetarian Meat market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Meat Products
Meat

Segmentation by Application:
Food Service
Retail
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Plant-Based Vegetarian Meat market?

What factors are driving Plant-Based Vegetarian Meat market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Plant-Based Vegetarian Meat market opportunities vary by end market size?

How does Plant-Based Vegetarian Meat break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.