Blended Meat Market is Expected to Increase at a CAGR of 11.8%
The Blended meat market between 2021 and 2028 is predicted to see tremendous growth. The market will grow at a CAGR of 11.8% over the forecasted period, according Data Bridge Market Research, to reach an estimated value of USD 0.73 billion. The growing importance of “Health” in countries where people consume a lot of meat is what propels the blended meat sector.
Blended meat is a term used to describe a combination of meat and ingredients with a botanical origin. For people who enjoy eating meat but want to restrict their total intake for moral or health-related reasons, blended meats are primarily made for them. Additionally, reducing meat through blending reduces a facility’s water and carbon footprint without compromising comfort food.
The market for blended meat is being driven quickly by a number of major factors, including the expanding trend of environmentally and energy-friendly food products, growing consumer demand for healthy food items, expanding advancements in freezing technologies to extend the shelf life of meat products without compromising quality, and expanding changes in lifestyle.
The major players covered in the blended meat market report are:
Tyson Foods, Inc,
Perdue Farms and its affiliates or subsidiaries,
Smithfield Foods, Inc,
Hormel Foods Corporation,
Sweet Earth, Inc.,
Pure Farmland,
Beyond Meat,
Incorporated,
Bakkavor Group plc,
MTR Foods Pvt Ltd. and Amy’s Kitchen,.
Blended Meat Market Scope and Market Size
Blended meat market is segmented on the basis of product type, form and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
On the basis of product type, blended meat market is segmented into poultry meat, beef, sheep meat and pork.
Based on form, blended meat market is segmented into shelf stable and frozen
The blended meat market is also segmented on the basis of application into food processor & manufacturers, fast food restaurant chains and household & residential buyers.
Blended Meat Market Country Level Analysis
Blended meat market is analysed and market size insights and trends are provided by country, product type, form and application as referenced above.
Europe dominates the blended meat market due to rising incomes and healthy eating trends, increasing trend of eco-friendly and energy efficient food products and rising shift in consumer demand towards healthy food products in this region.
The U.S. is the expected region in terms of growth in blended meat market due to increase in plant based craze among millennial, increasing trend of eco-friendly and energy efficient food products and rising shift in consumer demand towards healthy food products in this region.
Blended Meat Market Share Analysis
Blended meat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blended meat market.
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https://www.databridgemarketresearch.com/reports/global-blended-meat-market