Plant-based Meat Market Company Revenue Shares And Analysis Report 2030
Plant-based Meat Market Growth & Trends The global plant-based meat market size is projected to reach USD 24.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.3% from 2022 to 2030. Growing adoption of vegan lifestyle and diet among health-conscious consumers in traditionally meat-eating developed economies are expected to drive the market over the forecast period. Plant-based Meat Market Segmentation Grand View Research has segmented the global plant-based meat market on the basis of source, product, type, end-user, storage, and region: Based on the Source Insights, the market is segmented into Soy, Pea, Wheat, Others. The soy-based meat segment led the market and accounted for more than 48.3% share of the global revenue in 2021. Soy is a good source of branch amino acids (BCAAs), and is likely to exhibit steady growth over the forecast period on account of its ability to enhance exercise pe...