Us Plant-Based Beef Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Plant-Based Beef Market was valued at USD 1.4 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030.
The U.S. plant-based beef market has experienced significant growth, driven by increasing health consciousness, environmental concerns, and evolving dietary preferences. In 2024, the market was valued at approximately USD 3.21 billion and is projected to expand at a compound annual growth rate (CAGR) of 18.1% from 2025 to 2030. citeturn0search0 This surge is attributed to consumers seeking alternatives to traditional meat products that are lower in saturated fat and cholesterol. Plant-based beef products, such as burgers, sausages, and meatballs, are designed to replicate the taste, texture, and aroma of meat, using a variety of plant-based ingredients. The popularity of various types of plant-based meat is continuously increasing, leading to a broader and more diverse product category. citeturn0search0 The plant-based beef market is characterized by a diverse range of products catering to various consumer preferences. Soy-based meat led the market and accounted for 44.4% share of the U.S. revenue in 2024. This is further fueled by the increasing demand for these products due to their improved microwave-ability and slice-ability. Pea-based burgers, which have high protein content and meat-like texture, can easily replace traditional meat-based burgers. Additionally, factors such as easy availability and quick preparation are driving the growth of pea-based meat products at a rate of 19.0% over the forecast period. citeturn0search0 The refrigerated plant-based meat segment is expected to experience rapid growth between 2025 and 2030, thanks to advancements in product development and marketing strategies within the plant-based industry. This trend underscores a significant shift in the way consumers perceive and purchase meat substitutes. citeturn0search0 Sales of plant-based meat through hotel/restaurant/café (HORECA) led the market and accounted for 53.4% share of the U.S. revenue in 2024. With the increasing popularity of flexitarian vegan diets, numerous fast-food chains, restaurants, and casual dining venues are now allocating a specific section of their menu exclusively to "meat-free" choices. This trend is expected to boost the growth of the market. citeturn0search0 In recent years, there has been a noticeable surge in the demand for plant-based meat in the U.S. This is largely attributed to an increasing awareness among consumers regarding the health benefits associated with veganism. Consumers are seeking out vegetarian food options that are rich in fiber, vitamin C, and iron while containing minimal levels of processed saturated fats. To meet this growing demand, manufacturers are working tirelessly to create products with extended shelf lives, improved textures and aromas, and enhanced nutritional profiles. It is expected that these efforts will continue to drive market growth in the U.S. citeturn0search0 The U.S. plant-based beef market is projected to reach USD 5.25 billion by 2029, growing at a CAGR of 15.18% during the forecast period. This growth is driven by factors such as increasing health consciousness, environmental sustainability, and ethical considerations. citeturn0search19 In summary, the U.S. plant-based beef market is experiencing robust growth, driven by shifting consumer preferences towards healthier and more sustainable food options. The market is expected to continue its upward trajectory, with innovations in product development and increased availability across various distribution channels.
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Kellogg's(MorningStar Farms)
Archer Daniels Midland Company
Symrise
Roquette
Tyson Foods
Sotexpro SA
Crown Soya Protein Group
Puris Proteins
Ingredion
Beneo GmbH
Glanbia
Fuji Oil
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 Plant-Based Beef Market
Ground Plant-Based Beef
Plant-Based Beef Patties
Plant-Based Beef Strips
Plant-Based Beef Sausages
Pea Protein
Wheat Protein (Seitan)
Soy Protein
Supermarkets and Hypermarkets
Online Retail
Health Food Stores
Food Service (Restaurants and Cafés)
Individual Consumers
Food Service Providers
Retail Outlets
Institutions (Schools, Hospitals)
High Protein Plant-Based Beef
Low Fat Plant-Based Beef
Organic Plant-Based Beef
Gluten-Free Plant-Based Beef
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 Plant-Based Beef 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 Plant-Based Beef Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plant-Based Beef Market, By Type
6. Global Plant-Based Beef Market, By Application
7. Global Plant-Based Beef Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Plant-Based Beef Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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