Plant-based Meat Market 2019 —
New Study Reports "2019-2025 Report on Global Plant-based Meat Market by Player, Region, Type, Application and Sales Channel" Added to Wiseguyreports.com.
Market Overview :
The global Plant-based Meat Market is likely to exhibit steady growth over the forecast period, according to the latest report on Wise Guy Research (WGR). The global Plant-based Meat market’s major drivers and restraints are analyzed in the report, which provides readers with a clear picture of what’s driving and what’s holding back the Plant-based Meat market. The historical trajectory of the Plant-based Meat market is examined in the report in order to provide a basis for predictions regarding the market’s growth rate over the forecast period. Happenings in the Plant-based Meat market in the review period are examined carefully to explain their connection with the market’s present state and future growth prospects.
The leading players operating in the Plant-based Meat market are also studied in the report to provide readers with a comprehensive overview of the competitive landscape in the market. The major strategies used by leading players in the Plant-based Meat market are studied in the report to provide readers with an idea of what works and what doesn’t, in the Plant-based Meat market. Individual players are analyzed in detail in the report in order to elaborate on their regional presence and product catalog, providing a clear overview of each major player operating in the Plant-based Meat market.
The Leading players covered in this study are Pinnacle Foods, Turtle Island Foods, Nutrisoy, Amy's Kitchen, Atlantic Natural Foods, Impossible Foods, The Hain Celestial Group, Beyond Meat, Pacific Foods of Oregon, Monde Nissin Corporation, Kellogg Company, Fry Group Foods, Nasoya Foods, Hügli Holding, Sweet Earth, VBites Food, Lightlife Foods, The Kraft Heinz Company, Schouten Europe, Taifun-Tofu, Kellogg's and more.
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Global Plant-based Meat Market: Segmental Analysis
The segmental analysis of the market has been conducted based on type, application and region.
By type, the market has been divided into Soy-based Meat Alternatives, Mycoprotein Meat Alternatives, Wheat-based Meat Alternatives and Others.
On the basics of application, the market has been segmented into Vegetarian, Non-vegetarian and others.
By sales channel the market has been divided into Direct Channel and Distribution Channel.
Global Plant-based Meat Market: Regional Analysis
On the basis of geography, the market has been divided into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). Countries like the U.S. and Canada are considered under North American region, while UK and Germany are covered in Europe. In Asia-Pacific countries such as China, Japan, Korea, India, Thailand, Philippines etc are covered. In Latin America, countries such as Brazil and Mexico are covered. In terms of revenue, Europe holds the largest share Plant-based Meat and it is expected still to grow due to increased demand. North America also holds a significant portion of the global Plant-based Meat market which is mainly due to higher milk demand in the region. Meanwhile, APAC also touted to be an attractive market for global Plant-based Meat and it is believed that APAC region will make a significant contribution to the global Plant-based Meat market in terms of revenue. In order to enhance the quality of feed, demand of Plant-based Meat is increasing in countries such as Japan, China and South Korea as well.
The global Plant-based Meat market is expected to witness noticeable growth in the next few years.
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Food and beverages have always played a central role in our lives. Consumers always sought out for new sources of food. The industry is made up of segments, which includes oils and fats, groceries, functional foods and beverages, food additives, packaged foods, canned food, health and natural foods, baby food, baked food, animal food, alcoholic drinks, soft drinks, energy drinks, and packaging. The industry is majorly driven by consumer demand for better packaging and nutritious food, which encourages technology advances in the field. UV treatment, high-pressure processing, and nanotechnology are highly encouraging industry growth.
The packaged food and beverage markets have observed a change in pattern, from industrialized regions to emerging ones. With increasing disposable incomes and everchanging consumer likings in emerging markets, industry companies have turned their focus to these markets where favorable factors are at play. With consumer awareness rising, more governments are curbing unhealthy food consumption. The regulators in some nations have levied taxes on some items so as to increase their prices and thereby reduce consumption. The main challenges for the food and beverage industry in the coming years are customers’ craving to have accessible and dependable sites that provide fresh and nutrition-rich produce.
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