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Plant-based Meat Market Size to Grow at 13.99%: the industry to witness positive impact due to COVID-19 spread Some of the major Plant-based Meat players holding high market share include Beyond Meat, Impossible Foods Inc, Vegetarian Butcher, and Conagra, Inc.

Plant-based Meat Market Size to Grow at 13.99%: the industry to witness positive impact due to COVID-19 spread Some of the major Plant-based Meat players holding high market share include Beyond Meat, Impossible Foods Inc, Vegetarian Butcher, and Conagra, Inc.
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Plant-based Meat Market Size To Reach $13.8 Billion By 2027, Owing To Rising Adoption Of Vegetarian Eating Habits Among Fitness Aware Consumers


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FELTON, Calif., March 16, 2021 /PRNewswire/ As per the published report, the global plant-based meat market size is estimated to arrive at USD 13.8 billion by 2027. It is projected to develop by 19.4% CAGR, in the period of the forecast.
Key Factors Responsible for the Growth of Plant-based Meat Market:
Increasing acceptance of vegetarian eating habits between fitness aware clients, particularly in the developed nations, is projected to impel the expansion of the market for plant-based meat, during the period of the forecast. Rising concerns about the Greenhouse Gas (GHG), produced by the procedures of the meat business, in addition to the animal wellbeing, accompanied by the support of public figure for the vegetarian eating habits, are estimated to boost the demand for the plant-based meat foodstuffs, in the market. Mainly, the plant-based meat is used up in the Hotel/Restaurant/Café (HORECA) subdivision. ....

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