According to a new report by Markets and Markets, plant-based meat market would reach USD 12 in 2019. It will reach USD 28 billion by 2025.
The growing health concerns regarding the consumption of animal protein has urged consumers to opt for alternative protein sources, boosting the sales of plant-based meat products. Many major food companies such as Tyson Foods (US) and Cargill, are investing in startups offering plant-based meat products.
Pea protein is gaining popularity among plant-based meat manufacturers at a global level. It has various health benefits such as reduced cholesterol and lower blood pressure. Burger patties are one of the most popular plant-based meat products available in the market.
The North American plant-based meat market is projected to account for the largest share by 2025.Add to Favorites