The meat alternative market is expected to rise from US$ 18.8 billion in 2024 to US$ 299 billion by 2034. This period is marked by staggering growth of 28.8% CAGR, driven by robust FDIs by foreign companies in emerging countries with expansive availability of sources and raw materials to develop alternatives to meat. Sales of meat mimicry …
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Meat Alternative Market Surges at 28.8% CAGR by 2034, Investors Eye Lucrative Opportunities in Sustainable Food Solutions
Meat Alternative Market The global meat alternative market is estimated to reach a valuation of US$ 18.8 billion in 2024. The market is projected to reach a value of US$ 299 billion by 2034, expanding at a CAGR of 28.8% over the assessment period. Consumption Analysis of Meat Alternatives Rise in the number of global vegan/vegetarian population …