Global Plant-based Meat Market Growth 2025-2031

The global Plant-based Meat market size is predicted to grow from US$ 2087 million in 2025 to US$ 5560 million in 2031; it is expected to grow at a CAGR of 17.7% 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.

The major manufacturers of plant-based meat in the world include Beyond Meat, etc. The largest manufacturer occupies more than 30% of the market share. North America is the world"s largest market, accounting for approximately 63% of the market, followed by Europe and Asia Pacific, accounting for 21% and 13%, respectively. Among them, meat products and meat accounted for 75% and 25% respectively. The most applications are retail and food, accounting for 56% and 40% respectively.

LP Information, Inc. (LPI) ' newest research report, the “Plant-based Meat Industry Forecast” looks at past sales and reviews total world Plant-based Meat sales in 2024, providing a comprehensive analysis by region and market sector of projected Plant-based Meat sales for 2025 through 2031. With Plant-based 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 Meat industry.

This Insight Report provides a comprehensive analysis of the global Plant-based 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 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 Meat market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plant-based 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 Meat.

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

Segmentation by Type:

Meat Products

Meat

Segmentation by Application:

Food

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

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 Meat market?

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

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

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

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

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