Top 30 Companies in Plant-Based Meat Market 2025: Strategic Overview And Future Trends (2024–2035)
RELEASE DATE: Oct 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Plant-Based Meat Market Size is projected to Grow from USD 7.19 Billion in 2024 to USD 49.05 Billion by 2035, at a CAGR of 19.07 % during the forecast period of 2025–2035. Due to growing consumer interest in plant-based diets and heightened awareness of animal rights through various welfare organizations, the market for plant-based meat is anticipated to expand significantly over the forecast period. The vegan diet is increasingly reliant on plant-based meat.
Introduction
Plant-based meat is derived from plants. Since we have the means to create meat directly from vegetable ingredients, we can produce meat effectively by skipping the animal stages. Plant-based meat is similar to animal-based meat as it consists of protein, fat, vitamins, minerals, and water. When eaten in moderation, such as when added to a sandwich, burger patties, or other items, plant-based meat can be healthier than animal-based meat. Typically, plant-based meat includes ingredients such as coconut oil, beet juice, and vegetable proteins. Plant-based meat products can use items such as wheat, pea, and blends. Increasingly, there is a global vegan and flexitarian population, and public awareness of the health benefits of plant-based meat versus animal meat will stimulate the market. Continuous expansion from the government and significant investments will all stimulate the global plant-based meat market. Nurtured through a research project funded by the National Institutes of Health, it was reported that plant-based meat products contain a good source of folate, iron, fibre, and less saturated fat than ground beef.
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Plant-Based Meat Market Size & Statistics
- The Market Size for Plant-Based Meat Was Estimated to be worth USD 7.19 Billion in 2024.
- The Market Size is going to expand at a CAGR of 19.07 % between 2025 and 2035.
- The Global Plant-Based Meat Market Size is anticipated to reach USD 49.05 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Plant-Based Meat Market.
- Europe is expected to grow the fastest during the forecast period in the Plant-Based Meat Market.
Regional growth and demand
North America is expected to generate the highest demand during the forecast period in the Plant-Based Meat Market. The biggest market share for plant-based meat is found in North America. The market is expanding in this area due to rising consumer awareness of the dangers of eating tainted meat products and rising consumption of meatless meat substitutes. Increased use of plant-based foods, particularly plant-based meat, is predicted to cause additional changes in consumer perceptions of food sustainability and safety. Plant-based non-vegetarian goods are becoming more and more popular among consumers as a means of preventing cardiovascular conditions like diabetes and cancer.
Europe is expected to grow the fastest during the forecast period in the Plant-Based Meat Market.
The reason for the expansion, the good consumer view on vegetarian and vegan-meat products, coupled with the application of rigorous legislation against cruelty towards animals, drives the market over the predicted period. Key manufacturers are putting strategic efforts like capacity growth, product innovation, and mergers and acquisitions into practice in order to boost their sales in the regional market.
Top 10 Trends in the Plant-Based Meat Market
- Development of advanced products
- Development of new protein sources
- An increase in partnerships in the food service industry
- Products for flexitarians that are hybrid
- Flavor Adaptation by Region
- Sustainability Messaging
- Competition from Alternative Proteins
- Ethical and environmental concerns
- Health and wellness focus
- Expansion of the consumer base
1. Development of advanced products
Advanced food technology is being used by the plant-based meat industry to mimic the flavor, texture, and scent of conventional meat. This trend is being driven by advancements in extrusion technology, fermentation techniques, and heme-based goods. It is anticipated that these developments will help boost consumer acceptance rates.
2. Development of new protein sources
Although the industry is dominated by soy and pea proteins, businesses are looking into other protein sources such as fungus, chickpeas, and fava beans. Because of their environmentally friendly manufacturing practices and allergy-friendly qualities, these substitutes are becoming more and more popular.
3. An increase in partnerships in the food service industry
In an effort to reach the general public, plant-based meat companies are increasingly working with fast-food restaurants and franchises. Collaborations with KFC, Burger King, and McDonald's have already raised consumer awareness and significantly increased sales.
4. Products for flexitarians that are hybrid
Demand for hybrid products that appeal to customers switching to plant-based diets by combining plant-based proteins with animal ingredients has increased as flexitarian diets have become more popular. These goods serve as a link between conventional meat and plant-based substitutes.
5. Flavor Adaptation by Region
Businesses are creating regionally distinct flavors and recipes to appeal to a wide range of palates. For instance, plant-based baos and dumplings are being produced by Asian firms, and plant-based schnitzels and sausages are becoming more and more popular in Europe.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the plant-based meat market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 20 Companies Leading the Plant-Based Meat Market
- Beyond Meat
- Conagra Foods
- Tofurky
- Amy's Kitchen Inc.
- Gold&Green Foods Ltd
- Sunfed
- Atlantic Natural Foods LLC
- Monde Nissin
- Impossible Foods Inc.
- Maple Leaf Foods
- Danone SA
- Unilever
- Kellogg Company
- Vegetarian Butcher Conagra
- Quorn Foods
- VBites Foods Limited
- Trader Joe's
- Tyson Foods Inc.
- Garden Protein International Inc.
- Omnipork
- Others
1. Beyond Meat
Headquarters: El Segundo, California, USA
With a substantial market share in the worldwide plant-based food industry, Beyond Meat Inc. specializes in creating cutting-edge plant-based meat alternatives. The portfolio contains a wide range of sustainable substitutes for conventional animal-based products that effectively mimic the flavor, texture, and appearance of meat by combining plant proteins with other additives. A wide variety of plant-based culinary items, such as burgers, sausages, ground beef, and chicken alternatives, are part of the company's portfolio.
2. Amy's Kitchen Inc.
Headquarters: California, USA
Known for its wide selection of vegetarian and vegan products, Amy's Kitchen Inc. is a major player in the global plant-based food market. In order to meet the increasing demand for plant-based substitutes, the company offers a wide variety of plant-based dishes, such as soups, salads, stir-fries, pizzas, and frozen entrees. Amy's kitchen adheres to their ethical and health-conscious decisions by using delectable, premium foods that are purchased from sustainable and organic vendors.
3. Impossible Foods Inc.
Headquarters: California, USA
Founded in 2011, Impossible Foods Inc. is a major player in the worldwide plant-based food business and is well-known for its cutting-edge plant-based meat alternatives. The Impossible Burger, their flagship product, uses plant-based meat substitutes to precisely mimic the flavor and texture of classic beef burgers. The company's novel strategy is to mimic the tastes, scents, and textures of meat products by combining plant-based ingredients with cutting-edge scientific methods.
4. Maple Leaf Foods
Headquarters: Massachusetts, USA
The business specializes in producing plant-based protein products that provide wholesome and sustainable substitutes for conventional meat-based goods. In addition to plant-based tempeh, burgers, and tofu, their product line includes plant-based meat alternatives for common meat products, including sausages, deli slices, and hot dogs. Non-GMO ingredients and a strong dedication to sustainability and environmental responsibility go into the creation of Maple Leaf Foods. The business is well-known around the world, and its goods are sold in many parts of Asia, Europe, and North America.
5. Quorn Foods
Headquarters: Stokesley, UK
Quorn Foods' dedication to research and development in the plant-based food industry is demonstrated by the operation of its Global Innovation Centre in Stokesley. Additionally, the business has a sizable manufacturing plant in Billingham, North East England, one of the world's biggest locations for the production of meat substitutes. Quorn is a leader in sustainable protein solutions, specializing in meat substitutes made from mycoprotein. Products with carbon footprint labels are being introduced to highlight the effects on the environment.
Are you ready to discover more about the Plant-Based Meat market?
The report provides an in-depth analysis of the leading companies operating in the global Plant-Based Meat market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Beyond Meat
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Conagra Foods
- Tofurky
- Amy's Kitchen Inc.
- Gold&Green Foods Ltd
- Sunfed
- Atlantic Natural Foods LLC
- Monde Nissin
- Impossible Foods Inc.
- Others
Conclusion
The global plant-based meat market is projected to expand rapidly and significantly, driven by increased consumer interest in vegan and flexitarian diets, heightened awareness of health and environmental effects, and innovative sustainable protein options. North America is expected to continue being the largest market due to strong consumer awareness, integrated retail channels, and product availability. Major participants in the industry are Beyond Meat, Impossible Foods, Amy’s Kitchen, Maple Leaf Foods, and Quorn Foods, all of which are enhancing product innovation, allocating funds for research and development, and increasing their production capacity to fulfill rising demand and serve the global market. In general, the plant-based meat industry presents significant market growth potential for companies that can effectively align consumer taste preferences, nutritional benefits, cost-effectiveness, and sustainability to address evolving consumer demands in worldwide markets.
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