Meat Substitutes Market Projected to Reach US$ 67.9 Billion by 2033: Growing Demand for Plant-Based Alternatives Drives Robust Growth

During the forecast period, the meat substitutes industry is poised to record a healthy CAGR of 23.0%. In 2033, the market is expected to be worth approximately US$ 8.5 billion. Global demand for meat substitutes is expected to rise at a yearly growth rate of 5.0% Y-o-Y to US$ 67.9 billion in 2033. Globally, consumer food choices are changing dramatically. …

The remarkable growth rate of 23% and the projected value of US$ 67.9 billion by 2033 in the meat substitutes market showcase an exciting investment landscape.

During the forecast period, the meat substitutes industry is poised to record a healthy CAGR of 23.0%. In 2033, the market is expected to be worth approximately US$ 8.5 billion. Global demand for meat substitutes is expected to rise at a yearly growth rate of 5.0% Y-o-Y to US$ 67.9 billion in 2033. Globally, consumer food choices are changing dramatically. …

Meat Substitutes Market Is Booming Across the Globe Explored in Latest Report 2022-2032

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the meat substitute market is estimated to reach a value of USD 9.7 Bn by 2032, surging at 5.6% CAGR through the decade. People’s growing health consciousness is a significant growth driver in the market, driving up demand for vegetarian foods. …

Meat Substitutes Market Expectations & Growth Trends Highlighted Until 2032

Characterized by the increasing demand for vegan, particularly plant-based products, the market for meat substitutes continues its growth at a healthy pace. A new study of Future Market Insights (FMI) foresees that global meat substitutes market will reach beyond US$ 5.6 Bn by 2022 end, further witnessing a notable 5.6% rise through the next seven years. The thriving free-from …