Global Plant Based Meat Market Size & Outlook, 2023-2030
Global plant based meat market, 2018-2030 (US$M)
Related Markets
Global plant based meat market highlights
- The global plant based meat market generated a revenue of USD 7,169.2 million in 2023 and is expected to reach USD 24,767.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.4% by 2030.
- In terms of segment, soy accounted for a revenue of USD 3,437.6 million in 2023.
- Pea is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,169.2 million |
| Market revenue in 2030 | USD 24,767.9 million |
| Growth rate | 19.4% (CAGR from 2024 to 2030) |
| Largest segment | Soy |
| Fastest growing segment | Pea |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Pea, Wheat |
Other key industry trends
- In terms of revenue, the North America accounted for 38.0% of the global plant based meat market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 2,701.8 million by 2030.
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Plant Based Meat Market Scope
Plant Based Meat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| No Evil Foods | View profile | 51-100 | Weaverville, North Carolina, United States, North America | https://www.noevilfoods.com |
| Eat Just | View profile | 251-500 | San Francisco, California, United States, North America | http://www.ju.st |
| Moving Mountains | View profile | 51-100 | Steamboat Springs, Colorado, United States, North America | https://www.movingmountains.com |
| Ojah | View profile | 11-50 | Ochten, Gelderland, The Netherlands, Europe | http://ojah.nl/ |
| Cauldron | View profile | 51-100 | London, England, United Kingdom, Europe | https://www.cauldron.co |
| Yves Veggie Cuisine | View profile | 51-100 | Melville, New York, United States, North America | http://yvesveggie.com/en/ |
| Gold&Green Foods | View profile | 1-10 | Helsinki, Southern Finland, Finland, Europe | http://www.goldandgreenfoods.com/ |
| Tofurky | View profile | 251-500 | Hood River, Oregon, United States, North America | http://www.tofurky.com/ |
| Quorn Foods | View profile | 1001-5000 | Stokesley, North Yorkshire, United Kingdom, Europe | https://www.quorn.co.uk/ |
| The Vegetarian Butcher | View profile | 51-100 | Utrecht, Utrecht, The Netherlands, Europe | https://www.thevegetarianbutcher.com/ |
| Trader Joe's | View profile | 10001+ | Monrovia, California, United States, North America | http://www.traderjoes.com/ |
| Lightlife Foods | View profile | 101-250 | Turners Falls, Massachusetts, United States, North America | http://lightlife.com/ |
| Kraft Foods Group | View profile | 10001+ | Chicago, Illinois, United States, North America | http://www.kraft.com |
| Kellogg's | View profile | 10001+ | Michigan, North Dakota, United States, North America | https://www.kelloggcompany.com/ |
| Sunfed Meats | View profile | 11-50 | Auckland, Auckland, New Zealand, Oceania | https://sunfed.world |
| Good Dot | View profile | 251-500 | Udaipur, Rajasthan, India, Asia | http://www.gooddot.in/ |
| Dr. Praeger's Sensible Foods | View profile | 101-250 | Elmwood Park, New Jersey, United States, North America | https://drpraegers.com/ |
| Impossible Foods | View profile | 501-1000 | Redwood City, California, United States, North America | http://impossiblefoods.com |
| VBites | View profile | 51-100 | Corby, Nottinghamshire, United Kingdom, Europe | https://www.vbites.com/ |
| Amy's Kitchen | View profile | 1001-5000 | Petaluma, California, United States, North America | http://www.amys.com |
| Beyond Meat Inc | View profile | 686 | 119 Standard Street, El Segundo, CA, United States, 90245 | https://www.beyondmeat.com |
| Maple Leaf Foods Inc | View profile | 13500 | 6985 Financial Drive, Corporate Secretary'S Department, Mississauga, ON, Canada, L5N 0A1 | https://www.mapleleaffoods.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Conagra Brands Inc | View profile | 18600 | 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, United States, 60654 | https://www.conagrabrands.com |
| WK Kellogg Co | View profile | 3150 | One Kellogg Square, Battle Creek, MI, United States, 49016-3599 | https://www.wkkellogg.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
| The Hain Celestial Group Inc | View profile | 2837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | https://www.hain.com |
Global plant based meat market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plant based meat market will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 47.95% in 2023. Horizon Databook has segmented the Global plant based meat market based on soy, pea, wheat covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Plant Based Meat Source Outlook (Revenue, USD Million, 2018-2030)
- Soy
- Others
- Pea
- Wheat
- Global Plant Based Meat Product Outlook (Revenue, USD Million, 2018-2030)
- Sausages
- Patties
- Nuggets, Tenders & Cutlets
- Burgers
- Grounds
- Others
- Global Plant Based Meat Type Outlook (Revenue, USD Million, 2018-2030)
- Beef
- Chicken
- Fish
- Others
- Pork
- Global Plant Based Meat End Use Outlook (Revenue, USD Million, 2018-2030)
- Retail
- HORECA (Hotel/Restaurant/Café)
- Global Plant Based Meat Storage Outlook (Revenue, USD Million, 2018-2030)
- Shelf-stable Plant-based Meat
- Refrigerated Plant-based Meat
- Frozen Plant-based Meat
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Target buyers of Global plant based meat market databook
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Our clientele includes a mix of plant based meat market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global plant based meat market , including forecasts for subscribers. This global databook contains high-level insights into Global plant based meat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global plant based meat market size, by regions, 2018-2030 (US$M)
Top 10 countries: Plant based meat market size, 2023 (US$M)
Global plant based meat market share, by source, 2023 & 2030 (%, US$M)
Plant based meat market: Opportunity assessment by country
Global plant based meat market, by region, 2023 (US$M)
Related statistics
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