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Plant-based Nuggets Market Size

Report ID: GMI6300
   |
Published Date: July 2023
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Report Format: PDF

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Plant-based Nuggets Market Size

Plant-based Nuggets Market size was valued at USD 430 million in 2022 and is estimated to expand at a CAGR of 5.6% between 2023 and 2032. Growing awareness of the health benefits of plant-based diets, including reduced cholesterol, saturated fat, and potential lower risk of certain diseases, has led consumers to seek healthier alternatives to traditional meat-based nuggets. Increased awareness of animal welfare issues in the meat industry has prompted consumers to opt for plant-based nuggets as a cruelty-free alternative.

 

Plant-based Nuggets Market

Concerns about the environmental impact of animal agriculture, such as greenhouse gas emissions, deforestation, and water usage, have motivated consumers to choose plant-based options like nuggets as a more sustainable and eco-friendly choice.

 

Plant-based nugget manufacturers often compete with well-established meat-based nugget brands, which have significant market share and brand loyalty. Convincing consumers to switch to plant-based options can be challenging. Plant-based nuggets may be more expensive to produce than traditional meat-based nuggets due to the cost of plant-based ingredients and specialized production processes. This can make them less affordable for some consumers. Sourcing high-quality plant-based ingredients at scale can be a challenge.

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
Which companies define the competitive landscape of plant-based nuggets market?
Abbott Laboratories, BAG Healthcare GmBH, Bio-Rad Laboratories, Inc, Danaher Corporation, Diagnostica Stago, DiaSorin S.p.A., F. Hoffmann-La Roche Ltd, Grifols S.A., Hologic, Inc., Immucor Inc., Merck KGaA, Ortho Clinical Diagnostics, Quotient Ltd., and Thermo Fisher Scientific Inc.
How big is the U.S. plant-based nuggets industry?
Why are original flavor plant-based nuggets gaining traction?
How big is the plant-based nuggets market?
Plant-based Nuggets Market Scope
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    Authors: Kiran Pulidindi, Kunal Ahuja
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    Base Year: 2022

    Companies covered: 15

    Tables & Figures: 246

    Countries covered: 21

    Pages: 150

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