Global Cultured and Plant-based Meat market cagr 13.0%

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Cultured and Plant-based Meat Market

Cultured and Plant-based Meat Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Cultured and Plant-based Meat Market Size and Growth

The cultured and plant-based meat market is rapidly expanding, driven by increasing consumer demand for sustainable alternatives. As of 2023, the market size is estimated at approximately $5 billion, with projections of significant growth due to technological advancements, rising health consciousness, and support for environmental initiatives, appealing to diverse demographics.

Companies Covered

(Covid 19 Impact Covered)

◍ Kellogg

◍ Hormel

◍ Smithfield Foods (WH Group)

◍ Beyond Meat

◍ Impossible Foods

◍ Cargill

◍ Maple Leaf Foods

◍ The Very Good Food

◍ Right Treat

◍ JUST

◍ Turtle Island Foods

◍ Plantible Foods

◍ Rebellyous Foods

◍ Livekindly

◍ InnovoPro

◍ Tyson

◍ Shuang Ta Food

The cultured and plant-based meat market features companies like Beyond Meat and Impossible Foods driving innovation with burgers and sausages. Kellogg and Hormel expand offerings through acquisitions, while Tyson and Cargill invest in production scalability. Sales include Beyond Meat's $406 million and Impossible Foods' projected $1 billion in revenue.

◍ Hai Xin Food

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Market Segmentation

By Application

Human Food

Feed Addictive

Others

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By Product

Soy Protein Type

Peanut Protein Type

Others

Market Growth

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$ X Billion USD

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Global Cultured and Plant-based Meat market cagr 13.0% by ReportPrime - Issuu