Plant-Based Meat Market Size and Future

24 Aug 2022


What is plant-based meat made of?

Seitan is made from wheat gluten. And other meat-like, plant-based products come from chickpeas, lentils, and a combination of starches and vegetables. Beyond Meat incorporates peas, mung beans, fava beans, and brown rice in its protein-packed products.

Is plant-based meat healthier than real meat?

Plant-based protein products are an easy and often delicious swap for animal meat, are sometimes higher in fiber and other nutrients, and are definitely more sustainable.

What is the market for plant-based meat?

With the rising consumption of plant-based beef, consumers are getting toward plant-based pork, chicken, and seafood also. The market for plant-based meat is worth approx. $1.4 billion.

Who is the target market for plant-based meat?

With the benefits of non-veg food from a vegetarian diet; consuming plant-based foods becoming a trend now for Millennials and newer generations. These factors are creating the enormous market potential for plant-based foods.

What are the market players for plant-based meat?

Top Companies are:

  • Boca Foods Company (Kraft Foods, Inc.)
  • Gardein Protein International, Inc. (Conagra Brands, Inc.)
  • Maple Leaf Foods.
  • Impossible Foods, Inc.
  • MorningStar Farms (Kellogg Na Co.)
  • Quorn Foods.
  • Vbites Food Limited.
  • The Vegetarian Butcher (Unilever PLC) 


Who are plant-based consumers?

Based on some research performed, with more than 2000 plant-based consumers, the average plant-based consumer is female, millennial, and politically lean liberal. Of the plant-based consumers surveyed, 70% were female, 30% male.

Research Report is published by Acute Market Reports on "Global Plant Based Meat Market Growth, Future Prospects & Competitive Analysis, 2023 – 2030" at

Acute Market Reports segmented it as below:

By Source

  • Gluten based
  • Soy based
  • Mycoprotein

By Type

  • Tofu
  • Mushrooms
  • Tempeh
  • Quorn
  • Seitan

By End-use

  • Households
  • Food industry

By Distribution Channel

  • Convinience store
  • Modern store
  • Specialty store
  • E-retailers
  • Food stores
  • Others

Acute Market Reports provides regional studies for:

  • North America
    • US
    • Canada
  • Europe
    • U.K
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest Latin America
  • Middle-East & Africa (MEA)
    • GCC
    • Rest of MEA
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