The Europe plant-based meat market size was estimated at USD 2,142.5 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 20.4% from 2024 to 2030. With rising health concerns associated with animal products consumption, increasing prevalence of animal to human transmitted diseases, growing awareness about animal welfare and quality of experience provided by plant-based meat substitutes, huge number of consumers are shifting to meat substitutes while skipping their usual intake of animal products. Young and fitness enthusiast peer groups are identified as primary consumers of plant-based meat alternatives and therefore considered as key market drivers for this segment.
Europe Plant-based Meat Market Report Highlights
- Chicken, beef, or pork-based products are widely been replaced by pea-based meat substitutes. Its high resemblance in texture, equivalent nutritional values, easy availability, and least preparation time are some of the key driving factors
- On the basis of product, the Europe plant-based meat market has been segmented into burgers, sausages, patties, nuggets, tenders & cutlets, grounds, and others. In this, Plant-based burgers dominated the market with share.
- The plant-based chicken segment led the market. Some of the most popular foods in traditional meat industry, such as nuggets, patties, and cutlets, are made out of chicken, as it is filled with elements like animal fats, cholesterol, and protein as well.
For More Details or Sample Copy please visit link @: Europe Plant-based Meat Market Report
The popularity of meat substitutes sourced from plant-based materials, plant-based patties, and other replacements such as tofu, hummus has reached its highest level, and these alternatives are now preferred by a greater number of customers as suitable replacements to fulfil their daily need of protein and nutrition. However, these products that are developed from plant protein that retains the texture, flavor, and nutritional properties of meat, they are made by the use of non-animal sources. To increase their functionality, desired plant proteins isolated from plants are put through hydrolysis in this process. Further, to create the texture that matches the texture of meat sourced from animals, these plant proteins are combined diligently with other elements such as different types of flour, food adhesives, and plant-based oil. Therefore, the volume leads to greater amounts when it comes to plant-based protein sources and this is identified as one of the key factors assisting the market in its growth.
Key Europe Plant-based Meat Companies:
- Impossible Foods Inc.
- Beyond Meats
- Kellogg NA Co.
- Quorn
- VBites Foods Limited
- Maple Leaf Foods (Field Roast & Maple Leaf)
- Vegetarian Butcher
- Gold&Green Foods Ltd.
- Plant & Bean Ltd.
- Taifun-Tofu GmbH
Grand View Research has segmented the Europe plant-based meat market report based on source, product, type, end-user, storage, and region:
Source Outlook (Revenue, USD Million, 2017 - 2030)
- Soy
- Pea
- Wheat
- Others
Product Outlook (Revenue, USD Million, 2017 - 2030)
- Burgers
- Sausages
- Patties
- Nuggets, Tenders & Cutlets
- Grounds
- Others
Type Outlook (Revenue, USD Million, 2017 - 2030)
- Chicken
- Pork
- Beef
- Fish
- Others
End-User Outlook (Revenue, USD Million, 2017 - 2030)
- Retail
- HORECA (Hotel/Restaurant/Café)
- Storage Outlook (Revenue, USD Million, 2017 - 2030)
- Refrigerated Plant-based Meat
- Frozen Plant-based Meat
- Shelf-stable Plant-based Meat
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Contact:
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll-Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: grandviewresearch.com
#PlantBasedMeat #AlternativeProtein #MeatSubstitutes #SustainableFood #VeganMeat #FlexitarianDiet #FoodInnovation #PlantBasedTrends #EuropeFoodMarket #MeatAlternatives #FutureOfFood #HealthyEating #EcoFriendlyFood #FoodTech #ProteinRevolution #VeganFoodIndustry #FoodSustainability #PlantBasedEurope #CleanEating #DairyAndMeatAlternatives
Comments
Post a Comment