Europe Plant-Based Meat Products Market Size, Growth, Share, Opportunities, Emerging Technologies, Competitive Landscape (2021-2028)
The Europe plant-based meat products market is expected to grow from US$ 2,060.30 million in 2021 to US$ 5,311.09 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028
Europe Plant-Based Meat Products Market Introduction
The Europe plant-based meat products market is poised for rapid expansion, forecast to grow from US$ 2,060.30 million in 2021 to US$ 5,311.09 million by 2028, at an impressive CAGR of 14.5%. This robust growth is largely fueled by the burgeoning vegetarian and, especially, vegan populations throughout Europe. Heightened health awareness is a key driver, as more people, guided by dieticians and health practitioners, are opting for plant-based diets to lessen the risks of chronic ailments like obesity, heart disease, high blood pressure, and digestive issues.
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The escalating interest in veganism is clear; it was one of the top five searched terms on Google in the UK and across Europe in 2019. Additionally, the 'Veganuary Campaign' in 2021 attracted roughly 5.8 million people, as reported by Veganuary. With vendors continually introducing new features and technologies, they are expected to attract more customers and expand their presence in emerging markets, further bolstering the Europe plant-based meat products market in the coming years.
Europe Plant-Based Meat Products Strategic Insights
Strategic insights for the Europe Plant-Based Meat Products market provide a data-driven overview of the industry, detailing current trends, key players, and regional variations. These insights offer practical advice, helping readers stand out from competitors by identifying new market segments or creating distinct value propositions. Using data analytics, these insights assist all industry players, from investors to manufacturers, in predicting market changes. A future-oriented approach is vital for stakeholders to anticipate shifts and ensure long-term success in this evolving region. Ultimately, effective strategic insights empower readers to make informed choices that boost profitability and achieve their business goals within the market.
Europe Plant-Based Meat Products Market Segmentation
Europe Plant-Based Meat Products Market
By Type
Patties
Nuggets
Meatballs
Sausages
Europe Plant-Based Meat Products Market
By Category
Frozen
Refrigerated
Ambient
Europe Plant-Based Meat Products Market
By Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Europe Plant-Based Meat Products Market
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Europe Plant-Based Meat Products Market
Market leaders and key company profiles
Beyond Meat
Kellogg’s Company
Tofurky
VBites Foods Ltd
Quorn
Impossible Foods Inc.
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