Plant-based Meat Market Drivers, Challenges & Opportunities During the Forecast Period, 2020-2024 - ResearchAndMarkets.com

DUBLIN--()--The "Plant-based Meat Market by Type and Geography - Forecast and Analysis 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Global Plant-based Meat Market: About this market

The plant-based meat market analysis considers sales from plant-based beef, plant-based chicken, plant-based pork, and other types. Our study also finds the sales of plant-based meat in APAC, Europe, MEA, North America, and South America. In 2019, the plant-based beef segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the increasing number of product launches and innovations will play a significant role in the plant-based beef segment to maintain its market position. Also, our global plant-based meat market report looks at factors such as new product launches, growing investments by vendors in the market, and an increase in the number of people following the vegan lifestyle. However, increasing consumption of animal meat, the development of cell-based meat products, and stringent regulations may hamper the growth of the plant-based meat industry over the forecast period.

Global Plant-based Meat Market: Overview

New product launches

Consumers across the world are increasingly becoming health conscious. This coupled with growing concerns pertaining to GHG emissions in the animal meat industry, has increased the demand for plant-based meat products. This is encouraging market vendors to introduce new products to cater to the growing demand for plant-based meat food across the world. For instance, in June 2019, Beyond Meat Inc. launched its latest product, Beyond Beef, which is free from GMOs, soy, and gluten. The product is designed to provide the same versatility, meaty texture, and juiciness of traditional beef. Such successful product launches are helping vendors to increase revenue and expand their presence in the market. These factors will lead to the expansion of the global plant-based meat market at a CAGR of over 17% during the forecast period.

Growth of private label brands

The increasing prominence of private label brands is a positive trend that can influence the growth of the global plant-based meat market. Major retailers across the globe are coming with their own brands of plant-based meat products after realizing the growth potential of plant-based meat products. The private label product segment grew in terms of scope and size over the past decade. Unlike branded products, private label products are available at a low price. Thus, price-sensitive consumers are more likely to purchase private label products. This development is expected to have a positive impact on the overall market growth.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Plant-based beef - Market size and forecast 2019-2024
  • Plant-based chicken - Market size and forecast 2019-2024
  • Plant-based pork - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • The increasing number of M&A and strategic partnerships
  • Growth of private label brands
  • Celebrity endorsement

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Beyond Meat Inc.
  • Gathered Foods Corp.
  • Impossible Foods Inc.
  • Maple Leaf Foods Inc.
  • Monde Nissin Corp.
  • Moving Mountains Foods
  • The Kraft Heinz Co.
  • The Tofurky Co. Inc.
  • Tyson Foods Inc.
  • Unilever Group

For more information about this report visit https://www.researchandmarkets.com/r/l9xqm6

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900