North America Plant-Based Meat Products Market Developments, Trends and Opportunities, Forecast by 2028

The North America plant-based meat products market is expected to grow from US$ 1,759.28 million in 2021 to US$ 4,983.13 million by 2028; it is estimated to grow at a CAGR of 16.0% from 2021 to 2028.

๐Ÿ“š ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ@ https://www.businessmarketinsights.com/sample/BMIRE00025607

The North America plant-based meat products market is expected to grow from US$ 1,759.28 million in 2021 to US$ 4,983.13 million by 2028; it is estimated to grow at a CAGR of 16.0% from 2021 to 2028. Over the past few years, awareness regarding environmental sustainability among people has increased significantly. Climate change has affected the earth's natural ecosystems and poses a significant threat to the present and future generations' well-being. Population growth and urbanization in North America are among the primary causes of natural resource depletion, including water, fossil fuels, and land, contributing to global warming. People are heavily reliant on animal sources to meet their nutritional requirements. This factor exerts high pressure on the livestock industry. The livestock industry is one of the key contributors to anthropogenic greenhouse gas emissions. According to the Food and Agriculture Organization (FAO) of the United Nations (UN), the worldwide livestock industry emits 7.1 gigatons of carbon dioxide per year, accounting for 14.5% of all human-caused greenhouse gas emissions. According to industry experts, livestock production emits more carbon dioxide than the whole transportation industry combined.

๐Ÿ“š๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค @ https://www.businessmarketinsights.com/reports/north-america-plant-based-meat-products-market

๐“๐ก๐ž ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

Beyond Meat

Conagra Brands, Inc.

Kelloggโ€™s Company

Tofurky

Field Roast

Before the butcher

VBites Foods Ltd

Hilaryโ€™s โ€“ Drink Eat Well, LLC

Quorn

Impossible Foods Inc.

The Ascendance of Plant-Based Meat: A Market Analysis

The global food landscape is undergoing a significant transformation, driven by evolving consumer preferences, increasing awareness of environmental sustainability, and a growing focus on health and wellness. At the forefront of this revolution is the burgeoning plant-based meat products market, a sector experiencing exponential growth and attracting substantial investment. This analysis delves into the key drivers, trends, challenges, and future prospects of this dynamic market.

1. Drivers of Market Growth:

  • Rising Consumer Awareness of Health and Wellness:
    • Consumers are increasingly conscious of the link between diet and health, leading to a shift away from traditional meat consumption.
    • Plant-based meats are perceived as healthier alternatives, often lower in saturated fat and cholesterol, and higher in fiber.
    • The growing prevalence of dietary restrictions, such as vegetarianism and veganism, further fuels demand.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

๐€๐ฎ๐ญ๐ก๐จ๐ซโ€™๐ฌ ๐๐ข๐จ:

๐€๐ค๐š๐ฌ๐ก๐š ๐†๐ก๐š๐ซ๐ ๐ž

๐’๐ž๐ง๐ข๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ


 

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