Plant-based Burger Patties Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increased Adoption of Sustainable Manufacturing to Boost Market Growth | Technavio

LONDON--()--Technavio has been monitoring the plant-based burger patties market and it is poised to grow by USD 650.86 million during 2020-2024, progressing at a CAGR of almost 41% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by distribution channel, which is the leading segment in the market?
  • The offline distribution channel segment is expected to be the leading segment in the global market during the forecast period.
  • At what rate is the market projected to grow?
  • The market is expected to grow at a CAGR of almost 41% during the forecast period.
  • Who are the top players in the market?
  • Amazon.com Inc., Beyond Meat Inc, Conagra Brands Inc, Impossible Foods Inc, Kellogg Co, Maple Leaf Foods Inc, Nestlé SA, Tesco Plc, The Kroger Co, and WH Group Ltd. are some of the major market participants.
  • What is the key market driver?
  • The increased adoption of sustainable manufacturing is the major factor driving the market.
  • How big is the North American market?
  • The North America region will contribute 53% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amazon.com Inc., Beyond Meat Inc, Conagra Brands Inc, Impossible Foods Inc, Kellogg Co, Maple Leaf Foods Inc, Nestlé SA, Tesco Plc, The Kroger Co, and WH Group Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increased adoption of sustainable manufacturing has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Plant-based Burger Patties Market 2020-2024: Segmentation

Plant-based Burger Patties Market is segmented as below:

  • Distribution Channel
    • Offline
    • Online
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41146

Plant-based Burger Patties Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The plant-based burger patties market report covers the following areas:

  • Plant-based Burger Patties Market Size
  • Plant-based Burger Patties Market Trends
  • Plant-based Burger Patties Market Analysis

This study identifies awareness about the adverse effects of consumption of meat as one of the prime reasons driving the plant-based burger patties market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Plant-based Burger Patties Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist plant-based burger patties market growth during the next five years
  • Estimation of the plant-based burger patties market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the plant-based burger patties market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plant-based burger patties market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 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 DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by distribution channel

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

  • Partnership with global foodservice chains
  • Increase in M&A and strategic alliance activities
  • Increased adoption of sustainable manufacturing

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Amazon.com Inc.
  • Beyond Meat, Inc.
  • Conagra Brands, Inc.
  • Impossible Foods, Inc.
  • Kellogg Co.
  • Maple Leaf Foods, Inc.
  • Nestlé SA
  • Tesco Plc
  • The Kroger Co.
  • WH Group Ltd.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Plant-based Burger Patties Market will grow by USD 650.86 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/