The Europe plant-based meat products market is expected to grow from US$ 2,060.30 million in 2021 to US$ 5,311.09 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028
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The Europe plant-based meat products market is expected to grow from US$ 2,060.30 million in 2021 to US$ 5,311.09 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028.
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๐๐จ๐ฉ๐ฒ@ https://www.businessmarketinsights.com/sample/BMIRE00025605
The vegetarian population, especially vegan ones, has grown significantly in recent years. People are increasingly switching to vegetarian diets, owing to increased health concerns. Many dieticians and health practitioners recommend reducing meat consumption and switching to a vegetarian diet to reduce the risks of chronic health issues, including obesity, heart diseases, high blood pressure, and digestive disorders. According to Google Trends, veganism was one of the top five searched terms on Google in 2019 in the UK and across Europe. A report published by Veganuary (a nonprofit organization that encourages individuals in Europe to become vegan for the whole month of January) states that approx. 5.8 million people signed up for the โVeganuary Campaignโ in 2021.
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๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค@ https://www.businessmarketinsights.com/reports/europe-plant-based-meat-products-market
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe plant-based meat products market in the coming years. The market is expected to grow at a good CAGR during the forecast period
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Beyond Meat
Kelloggโs Company
Tofurky
VBites Foods Ltd
Quorn
Impossible Foods Inc.
Analyzing the European Plant-Based Meat Products Market: A Deep Dive into Segmentation and Trends (2020 Focus)
The European plant-based meat products market, a burgeoning sector within the broader food industry, has witnessed significant growth in recent years. This expansion is driven by a confluence of factors, including increasing consumer awareness of health and environmental concerns, evolving dietary preferences, and advancements in food technology. To effectively understand the dynamics of this market, it's crucial to analyze its segmentation across various dimensions, including product type, storage category, distribution channel, and geographical region. This analysis will primarily focus on the market landscape as observed in 2020, providing a snapshot of the key trends and dominant segments.
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