Plant-based Meat Market

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Plant-based Meat Market To Reach USD 30.92
Billion By 2026
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Market Size USD 10.10 Billion in 2018, Market
Growth - CAGR of 14.8, Market Trends Product
launches and research for advanced products
Market Summary
According to the current analysis of Reports and
Data, the global plant-based Meat market was
valued at USD 10.10 Billion in 2018 and is
expected to reach USD 30.92 Billion by the year
2026, at a CAGR of 14.8. Plant-based meat
products are products that are made to mimic the
properties of animal meat but are comparatively
healthier and environmentally friendly. 

• Further key findings from the report suggest
• This industry is growing at a CAGR of 15.9 in
  the Asia Pacific followed by North America and
  Europe, with 14.6 and 14.4 CAGR, respectively.
  North America and Europe contributed about 2/3rd
  of the total industry during the forecast period.
• As of 2018, the Soy source type segment is the
  dominating sub-segment which holds 324 of the
  global market by 2026. North American regional
  market is the chief revenue-generating source for
  this product segment, followed by Europe and
  Asia-Pacific regions.
• According to the Food revolution Organization
  report, published in 2018, the number of
  vegetarians in the United States has increased by
  600 from the past 3 years. This is expected to
  drive the demand for this industry.

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Market Summary
Key Players
Foods (US), Garden Protein International (US),
Beyond Meat (US)Bristol-Myers Squibb, Morningstar
Farms (US), Amys Kitchen (US), Quorn Foods (UK),
Maple Leaf Foods (Canada), Tofurky (US), The
Vegetarian Butcher (The Netherlands), Sunfed (New
Zealand), VBites (UK), GoldGreen Foods (US).
Segmentation
Source Type (Revenue, USD Million
20162026) Soy Wheat Peas Gluten-based Others Prod
uct Type (Revenue, USD Million
20162026) Tofu Tempeh Seitan Mushrooms Others
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Market Summary

• Storage technique Type (Revenue, USD Million
  20162026)
• Frozen
• Refrigerated
• Shelf-Stable
• Others
• Regional Outlook for Plant-based Meat Market
  analyses the following geographies
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and
  Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt,
  Nigeria, and South Africa)

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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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