plant-based-meat-market- Top Industry Player 2020-2027
                     Plant-Based Meat Market 
Set to Exceed $35.4 Billion By 2027 | CAGR 15.8%
“Plant-Based Meat Market Share, Size, Trends, Industry 
Analysis Report, By Source (Soy, Wheat, Pea, and Others); 
By Product (Burger Patties, Sausages, Strips & Nuggets, 
Meatballs, Others); By Application (Retail Outlets, 
Foodservice, E-commerce), By Regions; Segment Forecast, 
2020 –2027”
Plant-Based Meat Market Estimate & Forecast to 2027
The global plant-based meat market size is expected to reach USD 35.4 billion by 2027 
according to a new study by Polaris Market Research. 
Plant meats have ingredients sourced from plants such as soy, to mimicking the texture of 
animal meat. Current innovations also claim that it offers the same cooking and eating 
experience as of traditional animal based meat. Few hamburger outlets have introduced 
plant-based patties, which exactly matches the texture of the beef offered in the same 
outlet.
Consumers find potential advantages of plant-based foods, on the other side, and equate 
such items with better health outcomes and higher nutritional value. A 2016 study by Oxford 
University found that a ‘healthy’ diet (i.e. one that contains less meat) could prevent 5.1 
million deaths worldwide by 2050. Meat-free protein products are no longer restricted to the 
relatively small group of consumers who identify as vegetarian or vegan. For example, 39 
per cent of the U.S. citizens are actively using plant originated foods in their diets, and this 
shift is driven by millennials: 30 per cent eat meat alternatives every day, while 50 per cent 
eat meat alternatives several times a week.
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Plant-Based Meat Market Scope
By Source By Product By Distribution Channel By Region
•Soy • Burger Patties •Retail Outlets •North America (U.S., Canada)
•Wheat • Sausages •Foodservice •Europe (Germany, UK, France, Italy, Spain)
•Peas • Strips & Nuggets •E-commerce •Asia Pacific (China, India, Japan, South Korea)
•Others • Meatballs •Latin America (Brazil, Mexico, Colombia)
• Others •MEA (Saudi Arabia, South Africa, Israel, UAE)
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Plant-Based Meat Market Estimate & Forecast to 2026
Moreover, strong government intent also pitched the usage of plant-based meat in the 
forefront. Governments are now beginning to understand the climatic and environmental 
effects of diets. The expert panel of the review team recommended the inclusion of key 
material environmental indicators during the most recent revision of the US dietary 
guidelines in 2015. Denmark is considering proposals for imposing a red meat tax. In 2016, 
Sweden’s Green Party tabled a motion in the Swedish parliament calling for a climate tax on 
food.
Access Research Report On Plant-Based Meat Market 
Market participants in the plant-based meat market include Impossible Foods, V2food, 
Beyond Meat, Garden Protein International, Zhenmeat, Morningstar Farms, Novameat, 
Quorn Foods, Amy’s Kitchen, Omnipork, Maple Leaf Foods, Zikooin, The Vegetarian Butcher, 
Greenwise, Tofurky, Gold & Green Foods, Sunfed, and VBites. are some of the key players 
operating in the concerned market. They are competing on several factors such as price, 
product quality, taste, nutritional claims, brand value, advertisement, and promotions.
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Plant-Based Meat Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
growth markets, emerging business environments and latest business-centric applications, 
thereby helping them always to make informed decisions and leverage new opportunities. Adept 
with a highly competent, experienced and extremely qualified team of experts comprising SMEs, 
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
customers.
 
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