According to a market report by Lucintel, the future of the global meat alternative market looks promising with opportunities in the frozen food, bakery, pet food, and supplement markets. The global meat alternative market is expected to reach an estimated $63 billion by 2035 with a CAGR of 11.8% from 2026 to 2035. The major drivers for this market are the growing demand for plant-based protein sources, the increasing adoption of meat alternatives in restaurants, and the rising demand for awareness of environmental sustainability.
A more
than 150-page report to understand trends, opportunity and forecast in global meat
alternative market to 2035 by product type (patties, hotdogs, sausages,
nuggets, meatballs, and others), nature (organic and conventional), application
(frozen food, bakeries, pet food, supplements, and others), distribution
channel (supermarkets, departmental stores, modern trade, food chain services,
online stores, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel
forecasts that, within the product type category, patty is expected to witness
the highest growth over the forecast period due to easy integration into
burgers and fast food formats.
Within the
application category, frozen food is expected to witness the highest growth due
to rising demand for convenient frozen plant-based meals.
Download
sample by clicking on meat alternative
market.
In terms
of regions, North America is expected to witness the highest growth over the
forecast period due to increasing health awareness and sustainable diet
adoption.
Beyond
Meat, Amy’s Kitchen, MorningStar Farms, Tofurky, Field Roast, VBites, Maple
Leaf Foods, Kellogg, Pinnacle Foods, Unilever Group are the major suppliers in
the meat alternative market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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