Market Highlights: Plant-based meat refers to food made from non-meats or sometimes without any other animal product but acts as a meat substitute and has the same amount of protein content. This is specially designed and created to look like, taste like, and cook like conventional meat. Many plant-based meat products are soy-based or gluten-based products. The market study is being classified by Type (Pork, Beef, Chicken, Fish and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Plant-based Meat are Impossible Foods (United States), Morningstar Farms (United States), Pinnacle Foods (United States), Beyond Meat (United States), Atlantic Natural Foods (United States), Amy’s Kitchen (United States), Garden Protein International (United States), the Vegetarian Butcher (Netherlands), Quorn Foods (United Kingdom) and Sunfed (New Zealand).
The Source Type, such as Soy, is boosting the Plant-based Meat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Product, such as Burger Patties, is boosting the Plant-based Meat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Process, such as Grinding, is boosting the Plant-based Meat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Retail, is boosting the Plant-based Meat market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In December 2018, Unilever acquired meat alternative innovator the vegetarian butcher as it seeks to expand its portfolio into plant-based foods that are healthier and have a lower environmental impact. In March 2019, Impossible Foods launched its plant-based meat, with a variety of dishes available at eight restaurants throughout Singapore. The motive behind the launch was to expand its global reach. Additionally, In March 2019, Beyond Meat launched a plant-based ground beef product to meet the rising consumer demands and enhance its plant-based meat product portfolio.
Key Questions Answered in the Report What will the Plant-based Meat Market size and the growth rate be in Future? What are the key factors driving the Plant-based Meat Market? What are the key market trends and macro-economic impacting the growth of the Plant-based Meat Market? What are the challenges to market growth? Who are the key vendors in the Plant-based Meat Market? What are the market opportunities and threats faced by the vendors in the Plant-based Meat Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Plant-based Meat Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plant-based Meat market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Plant-based Meat market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.