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Showing posts with the label Plant-based Meat Market

Plant-based Meat Market Outlook 2024–2030: Trends, Growth & Global Forecasts

  The narrative of our food system is evolving, and plant-based meat is taking center stage. This is not just about catering to a niche, it is a strategic response to the pressing need for climate action and a growing consumer appetite for ethical choices. For food manufacturers, this presents a pivotal moment to innovate and lead. By understanding the drivers behind this shift, from animal welfare to the demands of a new generation of consumers and the strategic moves of industry giants, businesses can unlock significant opportunities and contribute to a more sustainable and prosperous future. Moreover, with insights such as the global   plant-based meat market   is estimated to have a growth rate of   19.4% from 2024 to 2030, it becomes easier for manufacturers to make apt decisions. This exploration delves into the key chapters of this unfolding story. How Plant-Based Meat Can Help Fight Climate Change? The urgency of addressing climate change is no longer a perip...

Regional Insights into the Growing Plant-Based Meat Market

  The global plant-based meat market was valued at USD 7.17 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 19.4% from 2024 to 2030. The growth of this market can be attributed to the rising awareness of the health risks associated with excessive consumption of red and processed meats. Consumers are increasingly seeking healthier alternatives, with plant-based meats perceived as lower in saturated fats and cholesterol compared to their animal-based counterparts. This growing shift towards plant-based diets is supported by an expanding body of research that links plant-based eating to a reduced risk of chronic diseases, such as heart disease, diabetes, and certain cancers. As plant-based foods become more mainstream, they are now available in a wide array of formats, from ready-to-eat meals to frozen patties and deli slices. This variety caters to a diverse range of culinary preferences and lifestyles, making it easier for consumers to incorporate...

Exploring Product Segmentation in the Plant-Based Meat Market: Key Insights

  The global plant-based meat market was valued at approximately USD 7.17 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 19.4% from 2024 to 2030. This growth can be attributed to the increasing awareness of health risks associated with the excessive consumption of red and processed meats. As consumers become more informed about these risks, many are actively seeking healthier alternatives. Plant-based meats are often perceived as being lower in saturated fats and cholesterol compared to their animal-based counterparts, making them an appealing option for health-conscious individuals. This shift in dietary preferences is further supported by a growing body of research that links plant-based diets to a variety of health benefits. Studies indicate that such diets can lead to a reduced risk of chronic diseases, including heart disease, diabetes, and certain types of cancer. As a result, more people are incorporating plant-based options into their di...

The Roots of Flavor: Exploring Source Insights in the Plant-Based Meat Market

  The global plant-based meat market was valued at approximately USD 7.17 billion in 2023 and is projected to experience significant growth at a compound annual growth rate (CAGR) of 19.4% from 2024 to 2030. This robust growth can be attributed to an increasing awareness of the health risks associated with the excessive consumption of red and processed meats. As more consumers become informed about these risks, they are actively seeking healthier alternatives. Plant-based meats are often perceived as lower in saturated fats and cholesterol compared to their animal-based counterparts, making them an appealing option for health-conscious individuals. This transition in dietary preferences is further supported by a growing body of research that highlights the health benefits associated with plant-based diets, which are linked to a reduced risk of chronic diseases such as heart disease, diabetes, and certain types of cancer. As plant-based products gain mainstream acceptance, they are ...

Plant-based Meat Market size is projected to reach USD 24.8 billion by 2030

  Plant-based Meat Industry Overview The global plant-based meat market size was valued at USD 5.06 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 19.3% from 2022 to 2030. Growing consumer interest in plant-based diets, coupled with the rising consciousness for animal rights through various welfare organizations is expected to drive the market.  Plant-based meat is becoming an integral part of a vegan diet, wherein the individuals adopt a vegetarian lifestyle that is devoid of animal-based foods. Consumers are inclining towards veganism for health and ethical reasons, while the other consumers are opting for vegetarian ingredients to avoid animal cruelty and to consume sustainable food and beverage products.   Gather more insights about the market drivers, restrains and growth of the Global Plant-based Meat Market   Furthermore, soy as a raw material consists of all the standard (nine) amino acids, which are essential ...