Plant-Based Market
                     Plant-Based Market 2026 Growth Analysis By Manufacturers, Regions, Type And Application, 
Forecast Analysis
Plant-Based meat is a food made from soy or gluten which provides same nutritional value as 
meat. Plant-based meat products are gaining popularity nowadays due to many health and 
environmental reasons. There are two different methods of processing plant-based meat: 
thermoplastic extrusion and fiber spinning. Plant-Based meat products are extensively adopted in 
daily diet, owing to presence of essential nutrients similar to meat products.
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Key players in Global Plant-Based Meat Market
•Key  players  operating  in  the  global  plant-based  meat  market  include,  Beyond Meat,
Impossible Foods Inc., Parabel USA Inc., Archer Daniels Midland Company, Amy’s Kitchen
Inc., Quorn Foods, Inc., Garden Protein International, Inc., and Morningstar Farms LLC.
Market Dynamics
•Increasing  health  awareness  in  consumers,  meat  adulteration,  and  environmental  or
ethical concerns are major factors that drive plant-based meat market growth. Consumers
are changing their dietary pattern in order to exclude meat protein and include Plant-
Based protein. These products help consumer with daily protein supply required for better
health. Moreover, plant-based meat helps to reduce the calorie intake by 20%, which helps
to reduce weight. The meat substitute reduce risk of heart disease, cancer, lower blood
cholesterol, and increasing bone mass. Adulteration and infectious in meat can cause brain
disorder,  diarrhea,  abdominal  cramps,  muscle  pain,  and  fever.  Therefore,  increasing
prevalence of such diseases associated with meat consumption is projected to boost growth
of plant-based meat market over the forecast period.
•Abundance of feedstock worldwide is major factor contributing to growth of the plant-
based meat market. According to the Food and Agriculture Organization (FAO), estimated
production of cereal in 2017-18 was pegged at 2,650.8 million metric tons worldwide.
Market Outlook
•Among product types, tofu segment accounted for the highest market share in the market
in 2017. Tofu, originated in China about 2000 years ago, is efficient source of protein and
contains  all  eight  essential  amino acids.  Notable  health  benefits  of  tofu include,  low
cholesterol  levels,  maintaining  cardiovascular  health,  preventing  osteoporosis  and  ease
menopause symptoms.
•Among end-use industries, household segment held dominant position in the market in
2017 and is expected to retain its dominance over the forecast period. This is owing to
high availability and accessibility and less cost of plant-based products.
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Market Taxonomy
On the basis of product type, the global Plant-Based meat market is segmented into:
•Tofu
•Mushroom
•Tempeh
•Quorn
•Seitan
On the basis of source, the global Plant-Based meat market is segmented into:
•Gluten Based
•Soy based
•Mycoprotein
On the basis of distribution channel, the global Plant-Based meat market is segmented into:
•Supermarket
•Hypermarket
•Convenience store
•Online stores
•Others
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