Europe market accounted for the largest share. In Europe, the growing vegan trends, especially in UK, is expected to rise demand for plant-based meat market. According to the research report published by DataM Intelligence, the global plant-based meat market valued at USD XX billion in 2020, is expected to reach USD XX by the end of 2028, with growth at a CAGR of 14.8% during the forecast period 2022-2028.
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.
The global plant-based meat market size is expected to reach $12.25 Billion by 2028 growing at the CAGR of 13.99% from 2021 to 2028