PLANT BASED MEAT MARKET ANALYSIS
The Global Plant Based Meat Market is estimated to be valued at USD 9.43 Bn in 2025 and is expected to reach USD 20.86 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 12.0% from 2025 to 2032.
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Growing health and environmental concerns are prompting consumers to shift to plant-based meat alternatives. These plant-based meat alternatives provide similar taste and texture to animal-based meat products but are healthier as they are lower in cholesterol and saturated fat. The demand for plant-based meat products is increasing across both retail and foodservice channels. Startups as well as major food companies are launching new innovative plant-based meat products to cater to the rising demand.
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