The Asia Pacific Plant-based Meat Market would witness market growth of 19.7% CAGR during the forecast period (2021-2027).
Plant-based meat is made to provide a similar sensory experience and offer numerous nutritional values just like red meat to the consumers. In addition, manufacturers of plant-based meats promote these products on the basis of environmental and human health benefits, which motivate many consumers to replace meat with plant-based meat.
The high nutritive raw material like soy, which contains a rich amount of essential nutrients for human growth is used in the making of plant-based meat products. Soy can improve the water absorption, emulsification, solubility, anti-oxidation, viscosity, and texture of the final product, which is estimated to surge the demand for soy in plant-based meat products during the forecast period.
Many organizations and NGOs like PETA are campaigning to create more awareness among people about cruelty faced by animals during the processing of various meat products. For instance, PETA India, in April 2021 urged KFC, Burger King and McDonald’s to introduce vegan food items in their menu in order to promote animal cruelty free products.
The China market dominated the Asia Pacific Patties Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $134.6 million by 2027. The Japan market is experiencing a CAGR of 22% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 22% during (2021 - 2027).
Based on Source, the market is segmented into Soy, Wheat, Pea, and Others. Based on Type, the market is segmented into Chicken, Fish, Beef, Pork, and Others. Based on Product, the market is segmented into Burgers, Sausages, Patties, Grounds, Nuggets, Tenders & Cutlets, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Plant-based Meat Market is Projected to reach USD 12.32 billion by 2027, at a CAGR of 18.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Beyond Meat, Inc., Impossible Foods, Inc., Maple leaf foods, Inc., Quorn Foods (Monde Nissin Corporation), Omni Foods (Green Monday Holdings), Amy's Kitchen, Inc., Kellogg Company (Kellogg NA Co.), Conagra Brands, Inc., The Hain Celestial Group, Inc. (Yves Veggie Cuisine), and VBites Foods Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Source
By Type
- Chicken
- Fish
- Beef
- Pork
- Others
By Product
- Burgers
- Sausages
- Patties
- Grounds
- Nuggets, Tenders & Cutlets
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Beyond Meat, Inc.
- Impossible Foods, Inc.
- Maple leaf foods, Inc.
- Quorn Foods (Monde Nissin Corporation)
- Omni Foods (Green Monday Holdings)
- Amy's Kitchen, Inc.
- Kellogg Company (Kellogg NA Co.)
- Conagra Brands, Inc.
- The Hain Celestial Group, Inc. (Yves Veggie Cuisine)
- VBites Foods Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Plant-based Meat Market, by Source
1.4.2 Asia Pacific Plant-based Meat Market, by Type
1.4.3 Asia Pacific Plant-based Meat Market, by Product
1.4.4 Asia Pacific Plant-based Meat Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Dec – 2021, Oct) Leading Players
Chapter 4. Asia Pacific Plant-based Meat Market by Source
4.1 Asia Pacific Soy Market by Country
4.2 Asia Pacific Wheat Market by Country
4.3 Asia Pacific Pea Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Plant-based Meat Market by Type
5.1 Asia Pacific Chicken Market by Country
5.2 Asia Pacific Fish Market by Country
5.3 Asia Pacific Beef Market by Country
5.4 Asia Pacific Pork Market by Country
5.5 Asia Pacific Other Type Market by Country
Chapter 6. Asia Pacific Plant-based Meat Market by Product
6.1 Asia Pacific Burgers Market by Country
6.2 Asia Pacific Sausages Market by Country
6.3 Asia Pacific Patties Market by Country
6.4 Asia Pacific Grounds Market by Country
6.5 Asia Pacific Nuggets, Tenders & Cutlets Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Plant-based Meat Market by Country
7.1 China Plant-based Meat Market
7.1.1 China Plant-based Meat Market by Source
7.1.2 China Plant-based Meat Market by Type
7.1.3 China Plant-based Meat Market by Product
7.2 Japan Plant-based Meat Market
7.2.1 Japan Plant-based Meat Market by Source
7.2.2 Japan Plant-based Meat Market by Type
7.2.3 Japan Plant-based Meat Market by Product
7.3 India Plant-based Meat Market
7.3.1 India Plant-based Meat Market by Source
7.3.2 India Plant-based Meat Market by Type
7.3.3 India Plant-based Meat Market by Product
7.4 South Korea Plant-based Meat Market
7.4.1 South Korea Plant-based Meat Market by Source
7.4.2 South Korea Plant-based Meat Market by Type
7.4.3 South Korea Plant-based Meat Market by Product
7.5 Singapore Plant-based Meat Market
7.5.1 Singapore Plant-based Meat Market by Source
7.5.2 Singapore Plant-based Meat Market by Type
7.5.3 Singapore Plant-based Meat Market by Product
7.6 Malaysia Plant-based Meat Market
7.6.1 Malaysia Plant-based Meat Market by Source
7.6.2 Malaysia Plant-based Meat Market by Type
7.6.3 Malaysia Plant-based Meat Market by Product
7.7 Rest of Asia Pacific Plant-based Meat Market
7.7.1 Rest of Asia Pacific Plant-based Meat Market by Source
7.7.2 Rest of Asia Pacific Plant-based Meat Market by Type
7.7.3 Rest of Asia Pacific Plant-based Meat Market by Product
Chapter 8. Company Profiles
8.1 Beyond Meat, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Research & Development Expenses
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations & Agreements:
8.1.4.2 Acquisitions and Mergers:
8.1.4.3 Product Launches and Product Expansions:
8.1.4.4 Geographical Expansions:
8.2 Impossible Foods, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Product Launches and Product Expansions:
8.2.2.2 Geographical Expansions:
8.3 Maple Leaf Foods, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Product Launches and Product Expansions:
8.3.4.2 Acquisitions and Mergers:
8.4 Quorn Foods (Monde Nissin Corporation)
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.5 Omni Foods (Green Monday Holdings)
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.6 Amy's Kitchen, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 Kellogg Company (Kellogg NA Co.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations & Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.8 Conagra Brands, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research& Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations & Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 The Hain Celestial Group, Inc. (Yves Veggie Cuisine)
8.9.1 Company overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.10. VBites Foods Ltd.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Plant-based meat market
TABLE 4 Product Launches And Product Expansions– Plant-based meat market
TABLE 5 Acquisition and Mergers– Plant-based meat market
TABLE 6 Geographical expansions– Plant-based meat market
TABLE 7 Asia Pacific Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Soy Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Soy Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Wheat Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Wheat Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Pea Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Pea Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Chicken Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Chicken Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Fish Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Fish Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Beef Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Beef Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Pork Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Pork Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Other Type Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Other Type Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Burgers Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Burgers Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Sausages Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Sausages Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Patties Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Patties Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Grounds Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Grounds Market by Country, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Nuggets, Tenders & Cutlets Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Nuggets, Tenders & Cutlets Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Plant-based Meat Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Plant-based Meat Market by Country, 2021 - 2027, USD Million
TABLE 45 China Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 46 China Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 47 China Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 48 China Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 49 China Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 50 China Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 51 China Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 52 China Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 53 Japan Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 54 Japan Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 55 Japan Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 56 Japan Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 57 Japan Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 58 Japan Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 59 Japan Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 60 Japan Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 61 India Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 62 India Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 63 India Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 64 India Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 65 India Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 66 India Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 67 India Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 68 India Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 69 South Korea Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 70 South Korea Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 71 South Korea Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 72 South Korea Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 73 South Korea Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 74 South Korea Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 75 South Korea Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 76 South Korea Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 77 Singapore Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 78 Singapore Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 79 Singapore Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 80 Singapore Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 81 Singapore Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 82 Singapore Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 83 Singapore Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 84 Singapore Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 85 Malaysia Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 86 Malaysia Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 87 Malaysia Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 88 Malaysia Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 89 Malaysia Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 90 Malaysia Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 91 Malaysia Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 92 Malaysia Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 93 Rest of Asia Pacific Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 94 Rest of Asia Pacific Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 95 Rest of Asia Pacific Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 96 Rest of Asia Pacific Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 97 Rest of Asia Pacific Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 98 Rest of Asia Pacific Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 99 Rest of Asia Pacific Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 100 Rest of Asia Pacific Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 101 Key Information – Beyond Meat, Inc.
TABLE 102 Key Information – IMpossible Foods, Inc.
TABLE 103 Key Information – Maple leaf foods, inc.
TABLE 104 Key Information – Quorn Foods
TABLE 105 Key information – Omni Foods
TABLE 106 Key information – Amy's Kitchen, Inc.
TABLE 107 Key information –Kellogg Company
TABLE 108 Key Information – Conagra Brands, Inc.
TABLE 109 Key Information – The Hain Celestial Group, Inc.
TABLE 110 Key Information – VBites Foods Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, dec – 2021, oct) Leading Players
FIG 5 Recent strategies and developments: Beyond Meat, Inc.
FIG 6 Recent strategies and developments: Impossible Foods, Inc.
FIG 7 Recent strategies and developments: Kellogg Company
FIG 8 Recent strategies and developments: Conagra Brands, Inc.