Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Plant-Based-Meat Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Plant-Based-Meat Market?
The market size of the plant-based-meat has seen a quick expansion in the past few years. It is projected to increase from $9.92 billion in 2024 to $11.47 billion in 2025, with a compound annual growth rate (CAGR) of 15.7%.
What Are the Expected Market Growth Trends for the Plant-Based-Meat Market Through 2029?
The projected market size for the plant-based-meat market in 2029 is expected to reach $19.53 billion, with a compound annual growth rate (CAGR) of 14.2%.
Download the Free Sample Now:
What Are the Key Business Drivers in the Plant-Based-Meat Market Landscape?
The key drivers in the plant-based-meat market are:
• Rise in consumer understanding of the benefits of vegetarian diets
• Health benefits such as reduced heart disease rates and improved kidney functions linked to vegetarian diets
• Growing customer awareness of animal rights via global welfare organizations
• Heightened demand for plant-based meat products boosted by rising ethical consciousness
How Is the Plant-Based-Meat Market Divided Across Key Categories?
The plant-based-meatmarket covered in this report is segmented –
1) By Product Type: Burger Patties, Sausages, Strips, Nuggets, Meatballs, Other Product Types
2) By Source: Soy, Wheat, Pea, Other Sources
3) By Distribution Channel: Grocery Stores, Food & Drinks Specialty Stores, Convenience Stores, Restaurants, Online Stores
Explore the Complete Market Report:
What Are the Ongoing Trends in the Plant-Based-Meat Market?
The key trends in the plant-based-meat market are:
• The launch of new brands and products in the plant-based meat sector is a major emerging trend.
• A rise in demand for food items that replicate the taste, texture, and appearance of traditional meat using plant-based ingredients is noted.
• Major brands are capitalizing on this demand, launching new product lines targeting consumers seeking more plant-based diet options.
• The introduction of such brand lines in new and emerging markets is a primal business strategy being observed.
Which Companies are Expanding in the Plant-Based-Meat Industry?
Major players in the plant-based-meat market are:
• The Kraft Heinz Company Inc.
• Maple Leaf Foods Inc.
• Morningstar Farms Inc.
• Amy’s Kitchen Inc.
• Beyond Meat Inc.
• Impossible Foods Inc.
• Quorn Foods Inc.
• Greenleaf Foods LLC
• Don Lee Farms Inc.
• The Vegetarian Butcher LLC.
• Sweet Earth Inc.
• LightLife Foods Inc.
• Atlantic Natural Foods Inc.
• Gardein Inc.
• Ojah BV
• Tofurky Inc.
• The Very Good Food Company Inc.
• Next Level Burger LLC.
• Gold&Green Foods Ltd.
• Hungry Planet Inc.
• Monks Meats Inc.
• No Evil Foods Inc.
• Ocean Hugger Foods Inc.
• Sophie's Kitchen Inc.
• Yves Veggie Cuisine Inc.
• VBites Inc.
• Dr. Praeger’s Inc.
• Good Catch Foods Inc.
Which is the Largest Region the Global Plant-Based-Meat Market?
Asia-Pacific was the largest region in the plant-based meat market in 2024
