Plant-based Meat Market Trends, COVID-19 Impact, Growth Drivers, and Forecast-2027
According to a new report published by Allied Market Research, titled, “ Plant-based Meat Market: Global Opportunity Analysis and Industry Forecast, 2020-2027,” Plant-based meat refers to products made from plant materials that are designed to mimic meat in every way, from taste, texture, smell, and appearance. Plant-based meat can come in the form of burgers, sausages, ground meat, crumbles, nuggets, even faux-seafood such as shrimp and fish, and use one, or a combination, of alternative protein ingredients.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐨𝐮𝐜𝐡𝐞𝐫: https://www.alliedmarketresearch.com/request-sample/10909
The major factor affecting the industry includes the surge in the number of individuals who have adapted vegan diet. In addition, increase in consumer demand for the vegetarian food products that are having higher content of fiber, vitamin C, and iron boosts the growth of the industry. These are processed in the lower saturated fats and calories, and hence are anticipated to bolster market growth in the next few years. Furthermore, advancements in the products that are developed such that they have longer shelf life, better texture, attractive aroma, and higher nutritious profile are expected to propel the industry growth in the next coming years. However, low awareness regarding the plant-based meat products hinders the growth of the industry.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/10909
COVID-19 scenario analysis
Coronavirus disease 2019 (COVID-19) has created an economic crisis along with a healthcare crisis. COVID-19 pandemic has stretched healthcare system worldwide, developed countries are expected to cause economic recession. The COVID-19 pandemic has an adverse impact on the healthcare system, resulting in 50% to 70% drop in revenue from March. Many small hospitals, clinics, and nursing homes, have been forced to shut their operations. There has been increase in demand for the replacements of the meat, however, in the current scenario, due to the growth in the awareness regarding the need to have protein-rich diet. In addition, visa cancellations have led to a hiatus in medical tourism and can negatively impact the healthcare services market growth.
- This study presents the analytical depiction of the global plant-based meat industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global plant-based meat market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global plant-based meat market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global plant-based meat market analysis based on competitive intensity and how the competition will take shape in coming years.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.alliedmarketresearch.com/request-for-customization/10909
The key players operating are Beyond Meat, Impossible Food Inc., Maple Leaf Foods, The Vegetarian Butcher, Gardein Protein International, Morningstar Farms, Quorn Foods, Amy’s Kitchen, Tofurky, Gold&Green Foods Ltd., and Alpha Foods
𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Centrifuge Market: https://www.alliedmarketresearch.com/centrifuge-market-A08418
Biopharmaceutical Excipients Market: https://www.alliedmarketresearch.com/biopharmaceutical-excipients-market-A07450
Sleep Apnea Diagnostics Market: https://www.alliedmarketresearch.com/sleep-apnea-diagnostics-market
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Published Thu, 17 Mar 2022 01:01:44 -0500