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Plant-based Sausages Market Size

  • Report ID: GMI6389
  • Published Date: Aug 2023
  • Report Format: PDF

Plant-based Sausages Market Size

Plant-based Sausages Market size was valued at USD 955 million in 2022 and is estimated to witness 23.6% CAGR from 2023 to 2032. Growing health consciousness among consumers is driving the demand for healthier food choices. Plant-based sausages are perceived as healthier alternatives to traditional meat sausages as they are typically lower in saturated fats and cholesterol. The increasing adoption of plant-based and vegan diets has fueled the demand for meat alternatives, including plant-based sausages.

 

Consumers are becoming more aware of the environmental impact of meat production, such as greenhouse gas emissions and deforestation. Plant-based sausages, which have a lower environmental footprint compared to meat sausages, align with sustainability values.

Replicating the taste and texture of traditional meat sausages can be challenging. Consumers have high expectations for plant-based sausages to closely resemble the flavor and mouthfeel of meat, and any shortcomings in this aspect could lead to lower consumer acceptance.  Sourcing high-quality plant-based ingredients and ensuring a stable supply chain can be complex, especially when there is a surge in demand. Plant-based ingredients, particularly certain protein sources, can be more expensive than conventional meat ingredients.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of plant-based sausages reached USD 955 million in 2022 and is estimated to cross USD 7.94 billion by the end of 2032, driven by growing health consciousness among consumers and high demand for healthier food choices worldwide.

Soy based sausages market reached USD 237.2 million in 2022, owing to increasing demand for protein packed sausages and meat alternatives.

The raw sausages product type segment held 40% of the market share in 2022, due to advantages such as flexibility and widespread usage in several cuisines.

Some of the prominent plant-based sausage companies are Good Catch Foods, Ocean Hugger Foods, Sophie's Kitchen, TUNO, New Wave Foods, Loma Linda, Akua, Wild Type, Kuleana, and Sushi Mushi.

Plant-based Sausages Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 248
  • Countries covered: 21
  • Pages: 180
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