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This will be a key factor shaping the path of the market over the coming years,” says a Fact.MR analyst. United States Key market for Plant-based Meat products. Demand for plant-based meat in the United States is forecasted to increase at a CAGR of 6.2% and reach a market value of US$ 2.8 billion by the end of 2034.
SkyQuest projects that the global plant-based meat market will reach a value of USD 32.47 Billion by 2031, with a CAGR of 24.9% during the forecast period (2024-2031). Plant-based foods are increasingly enjoyed by consumers due to the growing number of dairy alternatives and meat alternatives.
It turns out that, after the “wow” factor wore off, meat-eaters weren’t convinced enough by the imitation stuff to keep eating it—in particular, as plant-based beef runs about 30% to 40% ...
Beyond Meat founder and CEO Ethan Brown isn't letting challenging industry conditions distract him from his mission to expand the plant-based meat market."I think we feel really good about where ...
Plant-based meat and seafood makes up just 2% of the world's global protein consumption. And sales have been uneven. ... which will help the plant-based meat market grow at a more sustainable pace
This is a list of companies involved in the sale and development of cultured meat, along with information about them.. Because the commercial production of cultured meat is as of the 2020s still a developing industry, with unprecedented technological challenges and breakthroughs or failures, the progress of pioneers and early start-ups has received much attention in the media and the ...
Reiter made the remarks at an investor event in St. Louis, Missouri in response to a question by an analyst who wanted to know what impact the growth of plant-based meat substitutes would have on ...
A tempeh burger Chinese style tofu from Buddhist cuisine is prepared as an alternative to meat. Two slices of vegetarian bacon. A meat alternative or meat substitute (also called plant-based meat, mock meat, or alternative protein), [1] is a food product made from vegetarian or vegan ingredients, eaten as a replacement for meat.