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U.S. Plant-Based Meat Market Trends

Report ID: GMI4677
Published Date: Sep 2023
Report Format: PDF

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U.S. Plant-Based Meat Market Trends

The growing number of partnerships with restaurants and foodservice providers is expected to open new growth opportunities for numerous plant-based meat industry players, contributing to enhanced product uptake in the U.S. To cater to the rising requirements from customers that seek plant-based choices, multiple restaurants, including fast-food chains are adding plant-based meat options to their menus. For instance, in January 2022, American fast-food giant, KFC introduced plant-based fried chicken made from Beyond Meat in the U.S. to mimic the taste as well as texture of whole muscle chicken.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

U.S. plant-based meat market size is poised to grow at over 25% CAGR from 2023 to 2032, due to the rising government regulations to render clear and accurate labeling as well as categorizing of plant-based meat products.

The grocery stores segment may reach significant value by the end of 2032, owing to the surging levels of health consciousness, sustainability concerns, taste improvements, and higher availability of products in these settings.

West U.S. market size is poised to witness over 26.5% CAGR through 2032, attributed to the surging environmental consequences of meat consumption in the region.

Some of the major market players are Beyond Meat, Morningstar Farms, Maple Leaf Foods, Impossible Foods, Amy