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.
October 22, 2019
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.
The report finds that milk, meat and dairy alternatives are growing, while meat is growing slowly and milk is in decline.
August 20, 2019
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.
July 22, 2019
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.
Burger patties are one of the most popular plant-based meat products available in the market.
May 23, 2019
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.
Soy-based meat substitute products hold the potential for contributing the largest share in the market, followed by mycoprotein, through 2026.
April 23, 2019
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.
April 22, 2019
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.
North America held a significant share of the global plant-based meat market in 2018, due to the change in consumers’ lifestyles.
March 29, 2019
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.