Us Veggie Meals Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Veggie Meals Market was valued at USD 20.1 Billion in 2022 and is projected to reach USD 35.9 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
The United States' plant-based food market is experiencing significant growth, with projections estimating its value to reach over $19 billion by 2030. This surge is driven by increasing consumer awareness of health, environmental sustainability, and ethical considerations.
In recent years, the availability of plant-based products has expanded remarkably. Supermarkets and restaurants nationwide have responded to the rising demand for healthier and more sustainable options by offering a diverse range of plant-based items, including meat alternatives, dairy-free milks, and vegan cheeses. This trend is further bolstered by large food companies introducing plant-based alternatives to traditional meat and dairy products.
Environmental sustainability and ethical concerns are pivotal in this market expansion. Consumers are becoming more conscious of the environmental impact of their food choices, leading to a preference for products with lower carbon footprints. Additionally, animal welfare considerations motivate many to seek alternatives that do not involve animal suffering. This shift is particularly evident among younger generations, such as Gen Z and Millennials, who prioritize sustainability and ethical consumption in their purchasing decisions.
The plant-based dairy segment holds a substantial share of the market, largely due to the significant lactose-intolerant population in the U.S. Approximately 36% of Americans are lactose intolerant, prompting a shift towards dairy alternatives. Plant-based milks now account for 15% of the total milk market in the country. Innovations focusing on taste and texture have enhanced consumer acceptance of these products, further propelling market growth.
Quick Service Restaurants (QSRs) are also contributing to the mainstream acceptance of plant-based foods. Chains like KFC have introduced plant-based options, such as Beyond Fried Chicken nuggets, catering to the growing demand for convenient and ethical meal choices. This integration into popular dining establishments reflects the evolving consumer preferences and the industry's adaptation to meet these needs.
Despite the positive trajectory, challenges persist. The high cost of plant-based foods may hinder growth, especially in regions with lower consumer income levels. However, as the market continues to expand and technology advances, production costs are expected to decrease, making plant-based options more accessible to a broader audience.
In summary, the U.S. plant-based food market is poised for continued growth, driven by health consciousness, environmental awareness, and ethical considerations. As consumer preferences evolve and the industry adapts, plant-based foods are becoming an integral part of the American diet, reflecting a significant shift towards more sustainable and health-focused eating habits.
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Patak's
Quorn
Mosaic
Goodfoods Group
Green Chef
Fresh Restaurants
Cook
Allplants
Amy's Kitchen
Inc.
Knorr
Nasoya
Green Giant
Tasty Bite
Thai Kitchen
Shanghai Zaozishu Catering Management Co.
Ltd
Shenzhen Qishan Food Co.
Ltd
Hongchang Biotechnology (Suzhou) Co.
Ltd
GODLY
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Veggie Meals Market
Vegetarian
Vegan
Flexitarian
Pescatarian
Raw Food Diet
Ready-to-Eat Meals
Meal Kits
Frozen Veggie Meals
Fresh & Chilled Veggie Meals
Instant Meals
Single-Serve Packs
Multi-Serve Packs
Bulk Packaging
Eco-Friendly Packaging
Convenience Packaging
Whole Grains
Legumes
Fruits and Vegetables
Nuts and Seeds
Plant-Based Proteins
Supermarkets and Hypermarkets
Health Food Stores
Online Retail
Direct-to-Consumer
Specialty Grocery Stores
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Veggie Meals Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Veggie Meals Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Veggie Meals Market, By Type
6. Global Veggie Meals Market, By Application
7. Global Veggie Meals Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Veggie Meals Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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