Uploaded on Jul 22, 2019
Plant-Based Meat Market
Plant-Based Meat Market
Plant-Based Meat Market Emerging Technologies and Industry Growth by Forecast to
2026
Plant-Based meat is a food made from soy or gluten which provides same nutritional value as
meat. Plant-based meat products are gaining popularity nowadays due to many health and
environmental reasons. There are two different methods of processing plant-based meat:
thermoplastic extrusion and fiber spinning. Plant-Based meat products are extensively adopted in
daily diet, owing to presence of essential nutrients similar to meat products.
To know the latest trends and insights prevalent in this market, click the link:
https://www.coherentmarketinsights.com/ongoing-insight/plant-based-meat-market-2074
Key players operating in the global plant-based meat market include, Beyond Meat, Impossible
Foods Inc., Parabel USA Inc., Archer Daniels Midland Company, Amy’s Kitchen Inc., Quorn
Foods, Inc., Garden Protein International, Inc., and Morningstar Farms LLC.
Market Dynamics
•Increasing health awareness in consumers, meat adulteration, and environmental or
ethical concerns are major factors that drive plant-based meat market growth. Consumers
are changing their dietary pattern in order to exclude meat protein and include Plant-
Based protein. These products help consumer with daily protein supply required for better
health. Moreover, plant-based meat helps to reduce the calorie intake by 20%, which helps
to reduce weight. The meat substitute reduce risk of heart disease, cancer, lower blood
cholesterol, and increasing bone mass. Adulteration and infectious in meat can cause brain
disorder, diarrhea, abdominal cramps, muscle pain, and fever. Therefore, increasing
prevalence of such diseases associated with meat consumption is projected to boost growth
of plant-based meat market over the forecast period.
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Market Outlook
•Among product types, tofu segment accounted for the highest market share in the market
in 2017. Tofu, originated in China about 2000 years ago, is efficient source of protein and
contains all eight essential amino acids. Notable health benefits of tofu include, low
cholesterol levels, maintaining cardiovascular health, preventing osteoporosis and ease
menopause symptoms.
•Among end-use industries, household segment held dominant position in the market in
2017 and is expected to retain its dominance over the forecast period. This is owing to
high availability and accessibility and less cost of plant-based products.
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