Plant-Based Beef Market
Plant-Based Beef Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Plant-Based Beef Market Size and Growth
The Plant-Based Beef market is experiencing rapid growth, driven by increasing consumer demand for sustainable and healthy alternatives. The global market size reached approximately $1.5 billion in 2023, with projections indicating a compound annual growth rate of 20% over the next five years, fueled by innovation and expanding distribution channels.
Companies Covered
(Covid 19 Impact Covered)
◍ Kellogg's(MorningStar Farms)
◍ Archer Daniels Midland Company
◍ Symrise
◍ Roquette
◍ Tyson Foods
◍ Sotexpro SA
◍ Crown Soya Protein Group
◍ Puris Proteins
◍ Ingredion
◍ Beneo GmbH
◍ Glanbia
◍ Fuji Oil
The plant-based beef market features key players like Kellogg's (MorningStar Farms), Tyson Foods, and Archer Daniels Midland. These companies innovate with highprotein products and invest in sustainability to attract health-conscious consumers. Sales revenues
(approximate): Kellogg's $14 billion, Tyson $47 billion, ADM $22 billion, enhancing market growth through diverse offerings.
Market Segmentation
By Application
By Product
Others ◍ Retail ◍ Hypermarkets/Supermarkets ◍ Convenience Stores ◍ Online Retail ◍ Others
◍ Soy-based Protein
Corn-based Protein
Wheat-based Protein
Market Growth
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$ X Billion USD
