Plant-based Meat Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2030

 

Plant-based meat products are made from plants. As a result, manufacturers no longer rely on animal-derived products to create plant-derived products. Plant-based meat contains fat, minerals, water, protein, and vitamins. It's designed to look and taste like meat. Plant-based meat is healthier than animal-derived meat when eaten in moderation, such as in sandwiches, burger patties, and other dishes. The main components of plant-based meat are coconut oil, beet juice, and vegetable proteins. Aside from that, wheat, pea, and blends are used in plant-based meat products. It is also a good source of sodium, as well as vitamins B1, B6, and B2, which may provide some extra nutritional value.

The term "plant-based meat" refers to food that is intended to mimic or imitate animal meat products. These items are nutritious, vegetarian, and delicious. Although products such as seitan and tofu were previously used to Plant-based Meat Market meat, newer products that mimic its appearance, taste, and texture are now available.

Plant-based food refers to a wide range of food products made from natural plant-based ingredients. Vegetables, fruits, nuts, whole grains, and legumes are frequently used in these products, which do not contain any animal or animal-sourced ingredients such as milk, meat, or eggs.

Growing consumer interest in the Plant-based Meat Market, combined with increased awareness of animal rights through various welfare organizations, is expected to drive the market. Plant-based meat is becoming an essential component of a vegan diet, in which people live a vegetarian lifestyle free of animal products. Consumers are gravitating toward veganism for health and ethical reasons, while others prefer vegetarian ingredients to avoid animal cruelty and consume sustainable food and beverage products.

Key Players

Beyond Meat, Impossible Foods Inc., Maple Leaf Foods, Vegetarian Butcher, Conagra, Inc., Kellogg NA Co., Quorn, Amy's Kitchen, Inc., Tofurky, Gold&Green Foods Ltd., Surfed, VBites Foods Limited are major players in the global plant-based meat market.