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According to Euromonitor International’s health and nutrition survey, 21% of the surveyed global consumers are trying to limit their meat intake, driving sales of global meat substitutes to reach $23 billion by 2023.
Fresh meat represents 89% of the total volume of meat sold globally, and is projected to grow by 2% annually through 2023, according to a study released by Euromonitor International, UK.
New research by The Hartman Group, Bellevue, Wash., uncovered that almost all consumers — whether they purchase plant-based foods or not — have some level of distrust in meat and dairy companies/producers.
All meat buyers are driven by taste, yet taste is a less important driver for the plant-based consumer, as fish is purchased for health and convenience reasons.
Chicken purchasers cite more positive attributes than purchasers of beef, pork, fish and plant-based meat proteins, according to new research presented by the National Chicken Council (NCC), Washington, D.C.
The deli meat market is projected to grow $114.18 billion, at a CAGR of 11%, by 2023, according to “Global Deli Meat Market 2019-2023,” a report published by Technavio, London.
The global frozen meat market is projected to climb a steep growth curve in coming years, according to a report published by Transparency Market Research (TMR), Albany, N.Y.
The plant-based meat market is estimated at $12.1 billion in 2019, and is projected to grow at a CAGR of 15% from 2019-2025, reaching $27.9 billion by 2025, according to a report published by MarketsandMarkets, Chicago.
The global market for meat substitutes will upsurge at a 5.8% CAGR over the forecast period of 2017-2026, and meat substitutes will be worth $7,067.6 million worldwide, according to research presented by Future Market Insights, Valley Cottage, N.Y.
The Cargill study found 93% of respondents across the United States, Brazil, the Netherlands and Vietnam say they care about the ability to feed the world sustainably, with 84% saying that it impacts what they buy.
Meat, fish and eggs can be an important parts of a healthy and environmentally responsible diet, say consumers in new global research from Cargill, Minneapolis.
The global plant-based meat market was valued at approximately $11.92 billion in 2018, and is expected to generate around $21.23 billion by 2025, at a CAGR of around 8.6% between 2019-2025, according to a report published by Zion Market Research, New York.
The global fresh meat packaging market is expected to grow at 2.30% CAGR during 2016-2026 to reach $2.47 billion by 2026, according to a study released by Transparency Market Research, Albany, N.Y.
