Bharat Book Bureau Provides the Trending Market Research Report on “North America Plant-Based Meat Market Outlook, 2026” under Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
The plant-based trend continues to grow, encouraging people to eat more fruits, vegetables, legumes, nuts, and seeds. Moreover, they aid in building better immunity. The nutritional benefits of plant-based meats and their safety compared with conventional meat are also some of the important factors that have been contributing to gaining the attention of consumers. Although most North Americans still eat meat multiple times per week, many are currently eating it less than before or have stopped eating meat altogether.
Plant based foods require fewer resources like land and water, rather than animal based foods. Close to 20% of the planet’s fresh water is used in the production of meat and dairy, and animal agriculture is a major driver of climate change, contributing around 14.5% of global greenhouse gas emissions. Animal farming is also not required each year.
Meat and dairy specifically accounts for around 14.5% of global greenhouse gas emissions, according to the UN’s Food and Agricultural Organization (FAO). According to a study on plant based products generates 90% less greenhouse gas emissions, requires 46% less energy, has 99% less impact on water scarcity, and 93% less impact on land use.
According to the research report “North America Plant-Based Meat Market Outlook, 2026″ published by Bonafide Research, the plant based meat products market is growing rapidly. Plant based meat products are healthier as compared to traditional meats. They are low in cholesterol and high in proteins and fibre. The growing health awareness, cruelty towards animals and environment has led to changing habit of consumers to shift from animal meat and products to plant based meat products. Nearly 40% of American adults aged 20 and over are obese. 71.6% of adults aged 20 and over are overweight, including obesity. Obesity is a major reason consumers here are going vegan. Majority demographics turning vegan are from California, Oregon, Washington, Nevada, and New York.
North America plant based meat product market is anticipated to hit the market size of more than USD 3211 Million by 2026. Unites States is the major revenue generating region, and is leading the market both by consumption and production of plant based meat products. Almost 9.7 million Americans are now plant based meat consumers. A key part of what makes vegan food so stimulating is the growing community of social media influencers advocating the lifestyle as part of their brand.
During the COVID-19 pandemic, the food industry witnessed significant shifts, but, plant-based companies adapted and continued to launch new products and grow sales. Foodservice channel distribution was significantly impaired, and pantry stocking and panic buying led to a sharp increase in retail sales over the prior year. The COVID-19 pandemic, lock downs, has encouraged consumers to order goods online and this, in turn, has boosted the online sales channels.
The process of creating such realistic meaty products from plants might baffle some, one thing consumers can be certain about is that they are not made in the torturous way that its animal-based analogs are. Plant-based foods not only help consumer’s health, but also support the health of planet.
Major Companies present in the market
Amy's kitchen, Beyond meat, Conagra (Pinnacle Foods), Impossible food, Kellogg (Morning star farms), Kraft Heinz Company (Boca Burger), Maple leaf, Nestle (Garden Gourmet), Quorn, Tyson (Raised and Rooted), Unilever (The Vegetarian Butcher)
Considered in this report
• Geography: North America
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026
Aspects covered in this report
• North America plant based meat products market with its value and forecast along with its segments
• Country-wise plant based meat products market analysis
• Various drivers and challenges
• On-going trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Countries covered in the report
• United States of America
• Rest of North America
Types of meat products in the report
• Burger Pattie
• Strips & Nuggets
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, meat, chicken , meatballs, sausages, vegan, animal meat, alternate meat, beef, pork, burger pattie, wheat, soy, pea, gluten, fish, quinoa, legumes, seitan, lamb, turkey.
This report would help you answer the following questions:
1. What is the market size and forecast of the North America Plant Based Meat Products Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the North America Plant Based Meat Products Market during the forecast period?
3. Which country outstands in the North America Plant Based Meat Products Market?
4. Which are the segments to invest in over the forecast period in the North America Plant Based Meat Products Market?
5. What is the competitive strategic window for opportunities in the North America Plant Based Meat Products Market?
6. What are the technology trends and regulatory frameworks in the North America Plant Based Meat Products Market?
7. What are the drivers for the growth of plant-based meat market?
Browse our full report with Table of Content :
About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 8,00,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.