Market research reports, consulting: Global Market Insights Inc.

Home > Food and Beverages > Processed Food > Convenience Foods > plant based meatballs market

Plant-based Meatballs Market Trends

Report ID: GMI6381 Published Date: August 2023Report Format: PDF
Download Free Sample
Summary
Table of Content

Plant-based Meatballs Market Trends

The growing popularity of plant-based diets, driven by health and environmental concerns, has resulted in an increased demand for plant-based meat alternatives, including meatballs. Consumers are increasingly seeking healthier and more sustainable protein sources, leading to greater acceptance of plant-based meatballs. The plant-based meat industry is witnessing a surge in product offerings, including a wide variety of plant-based meatball options. These offerings cater to diverse consumer preferences, dietary restrictions, and cultural tastes.

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

Why is the demand for soy-based meatballs gaining traction?+

Soy-based meatballs market reached USD 3.6 billion in 2022 and is expected to witness significant growth through 2032, owing to increasing demand for plant-based meatballs with high content of protein.

How is the plant-based meatballs industry influenced by online retail?+

The online retail distribution channel segment will expand at 12.7% CAGR through 2032, attributed to growing demand for convenient availability of products in remote areas.

How big is the market for plant-based meatballs?+

Plant-based meatballs market size crossed USD 137.5 million in 2022 and is set to reach USD 552.4 million by the end of 2032, due to the growing awareness of health and wellness along with the rising concerns about environmental impacts of meat production worldwide.

Who are the key players in the plant-based meatballs landscape?+

Some of the prominent plant-based meatball companies are Beyond Meat, Inc., Impossible Foods Inc., Gardein, MorningStar Farms, Lightlife Foods, Field Roast Grain Meat Co, Tofurky Company, and Quorn Foods.

Plant-based Meatballs Market Scope

Related Reports

Buy Now

Buy Now

Premium Report Details

Download Free Sample