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Plant-based Meals Market Size
- Report ID: GMI7244
- Published Date: Oct 2023
- Report Format: PDF
Plant-based Meals Market Size
Plant-based Meals Market size was valued at USD 52.4 billion in 2023 and is anticipated to register a CAGR of over 18.1% between 2024 and 2032. Increasing awareness of the health benefits associated with plant-based diets, such as reduced risk of chronic diseases and better weight management, has driven the adoption of plant-based meals.
In addition, growing concerns about the environmental impact of animal agriculture, including greenhouse gas emissions and deforestation, have led many consumers to seek more sustainable and eco-friendly food options.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Plant-based Meals Market Size in 2023: | USD 52.4 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 18.1% |
| 2032 Value Projection: | USD 230.84 Billion |
| Historical Data for: | 2018 - 2023 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 285 |
| Segments covered: | Product Type, Distribution channel, End use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The plant-based diets can lack certain nutrients, like vitamin B12, iron, and omega-3 fatty acids, which are more readily available in animal-based products. This can raise nutritional concerns for some individuals. Traditional dietary habits and cultural preferences for animal-based foods can make it difficult for some individuals to transition to plant-based diets.
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Plant-based Meals Market Scope
