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Vegan Steak Market Share

  • Report ID: GMI9121
  • Published Date: Apr 2024
  • Report Format: PDF

Vegan Steak Market Share

In the competitive landscape of the vegan steak industry, several key players vie for market share and consumer attention with their innovative offerings and unique value propositions. Beyond Meat, Inc. and Impossible Foods Inc. stand out as pioneers in plant-based meat alternatives, leveraging cutting-edge technology to create vegan steaks that closely mimic the taste, texture, and appearance of traditional beef steak. Their global presence and strong brand recognition have cemented their positions as leaders in the industry, appealing to a broad range of consumers seeking sustainable and delicious meat alternatives.
 

Additionally, companies like Gardein, Field Roast, and Amy's Kitchen offer a diverse range of vegan steak options catering to various taste preferences and dietary needs. These brands prioritize high-quality ingredients and flavorful formulations, appealing to health-conscious consumers looking for convenient and satisfying plant-based meal solutions. Furthermore, newcomers such as Eat Just, Inc. and Ripple Foods Inc. are making waves in the market with their innovative approaches to vegan protein production, contributing to the dynamic and rapidly evolving landscape of the market.
 

With ongoing advancements in plant-based technology and growing consumer demand for sustainable and cruelty-free food options, competition among these companies is expected to intensify, driving further innovation and expansion in the market.
 

Vegan Steak Market Companies

Major companies operating in the vegan steak industry include:

  • Amy's Kitchen
  • Beyond Meat, Inc.
  • Daiya Foods Inc.
  • Danone S.A
  • Earth’s Own Food Company Inc.
  • Eat Just, Inc.
  • Field Roast
  • Gardein
  • Impossible Foods Inc.
  • Ripple Foods Inc
Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of vegan steak reached USD 588 million in 2023 and is set to witness 6.7% CAGR between 2024 and 2032, led by shifting consumer preferences towards plant-based diets, fueled by health, environmental, and ethical considerations.

The domestic consumers segment accounted for 47% of the market share in 2023, owing to the rise of plant-based diets among households globally.

North America market size generated USD 220.31 million in 2023 and is expected to reach USD 407.53 million by 2032, owing to the increasing awareness of health, environmental sustainability, and animal welfare concerns.

Amy's Kitchen, Beyond Meat, Inc., Daiya Foods Inc., Danone S.A, Earth

Vegan Steak Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 210
  • Countries covered: 22
  • Pages: 320
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