Plant Based Meat Industry. Hence the volume sales has been anticipated to be high in these sectors. Drivers of the Plant-based Meat Industry.
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Plant-based meats use one or more alternative protein ingredients and can come in the form of burgers sausages ground meat crumbles nuggets or even faux-seafood like shrimp and fish. The roots of plant-based meat development and the drive for societal meat reduction are manifold. Globally speaking the plant-based meat market is expected to grow at a rate of 16 this year up from 122bn in 2019 to 124bn.
Nippon Ham wants to transition into comprehensive food manufacturer that serves up protein in different forms including meat but.
Plant-based meat will become a new protein menu. Get Sample PDF All-Inclusive Coverage on Companies Regions and Costomization on Demand. Originally food products like tofu and tempeh were eaten as alternatives to meat. The global plant-based meat market size was valued at USD 33 billion in 2019 and is expected to grow at a compound annual growth rate CAGR of 194 from 2020 to 2027.
