The Latin America, Middle East and Africa Plant-based Meat Market would witness market growth of 19.3% CAGR during the forecast period (2021-2027).
As veganism is gaining more popularity among consumers around the world, the demand and growth of the plant-based meat market would witness a surge in the coming years. In addition, growing concerns about the cruelty on animals along with the increasing regulations regarding animal welfare and protection are estimated to bolster the growth of the market.
With the increase in demand for new & innovative vegetarian products, companies are heavily investing in product development across chilled, ambient, and frozen segments. This would further offer consumers a wide range of products & brands, and thus, enabling plant-based meat goods to get significant recognition and shelf space.
Animal-based protein can be harmful for human consumption, which is compelling consumers to consume healthier food substitutes and shift from animal-based products to plant-based products. The entrance of various startups across Africa that provide novel alt-protein innovations would support the growth of the regional market in the upcoming years. For example, VeggieVictory pioneered the concept of innovative protein in Nigeria, which makes the company the first-ever plant-based meat brand.
The Brazil market dominated the LAMEA Chicken Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $87 million by 2027. The Argentina market is expected to witness a CAGR of 19% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 17.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Plant-based Meat Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Plant-based Meat Market, by Source
1.4.2 LAMEA Plant-based Meat Market, by Type
1.4.3 LAMEA Plant-based Meat Market, by Product
1.4.4 LAMEA 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. LAMEA Plant-based Meat Market by Source
4.1 LAMEA Soy Market by Country
4.2 LAMEA Wheat Market by Country
4.3 LAMEA Pea Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Plant-based Meat Market by Type
5.1 LAMEA Chicken Market by Country
5.2 LAMEA Fish Market by Country
5.3 LAMEA Beef Market by Country
5.4 LAMEA Pork Market by Country
5.5 LAMEA Other Type Market by Country
Chapter 6. LAMEA Plant-based Meat Market by Product
6.1 LAMEA Burgers Market by Country
6.2 LAMEA Sausages Market by Country
6.3 LAMEA Patties Market by Country
6.4 LAMEA Grounds Market by Country
6.5 LAMEA Nuggets, Tenders & Cutlets Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Plant-based Meat Market by Country
7.1 Brazil Plant-based Meat Market
7.1.1 Brazil Plant-based Meat Market by Source
7.1.2 Brazil Plant-based Meat Market by Type
7.1.3 Brazil Plant-based Meat Market by Product
7.2 Argentina Plant-based Meat Market
7.2.1 Argentina Plant-based Meat Market by Source
7.2.2 Argentina Plant-based Meat Market by Type
7.2.3 Argentina Plant-based Meat Market by Product
7.3 UAE Plant-based Meat Market
7.3.1 UAE Plant-based Meat Market by Source
7.3.2 UAE Plant-based Meat Market by Type
7.3.3 UAE Plant-based Meat Market by Product
7.4 Saudi Arabia Plant-based Meat Market
7.4.1 Saudi Arabia Plant-based Meat Market by Source
7.4.2 Saudi Arabia Plant-based Meat Market by Type
7.4.3 Saudi Arabia Plant-based Meat Market by Product
7.5 South Africa Plant-based Meat Market
7.5.1 South Africa Plant-based Meat Market by Source
7.5.2 South Africa Plant-based Meat Market by Type
7.5.3 South Africa Plant-based Meat Market by Product
7.6 Nigeria Plant-based Meat Market
7.6.1 Nigeria Plant-based Meat Market by Source
7.6.2 Nigeria Plant-based Meat Market by Type
7.6.3 Nigeria Plant-based Meat Market by Product
7.7 Rest of LAMEA Plant-based Meat Market
7.7.1 Rest of LAMEA Plant-based Meat Market by Source
7.7.2 Rest of LAMEA Plant-based Meat Market by Type
7.7.3 Rest of LAMEA 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 LAMEA Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 8 LAMEA Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 9 LAMEA Soy Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Soy Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Wheat Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Wheat Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Pea Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Pea Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 18 LAMEA Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 19 LAMEA Chicken Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Chicken Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Fish Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Fish Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Beef Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Beef Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Pork Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Pork Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Other Type Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Other Type Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 30 LAMEA Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 31 LAMEA Burgers Market by Country, 2017 - 2020, USD Million
TABLE 32 LAMEA Burgers Market by Country, 2021 - 2027, USD Million
TABLE 33 LAMEA Sausages Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Sausages Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Patties Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Patties Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Grounds Market by Country, 2017 - 2020, USD Million
TABLE 38 LAMEA Grounds Market by Country, 2021 - 2027, USD Million
TABLE 39 LAMEA Nuggets, Tenders & Cutlets Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Nuggets, Tenders & Cutlets Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Plant-based Meat Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Plant-based Meat Market by Country, 2021 - 2027, USD Million
TABLE 45 Brazil Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 46 Brazil Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 47 Brazil Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 48 Brazil Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 49 Brazil Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 50 Brazil Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 51 Brazil Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 52 Brazil Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 53 Argentina Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 54 Argentina Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 55 Argentina Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 56 Argentina Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 57 Argentina Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 58 Argentina Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 59 Argentina Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 60 Argentina Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 61 UAE Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 62 UAE Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 63 UAE Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 64 UAE Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 65 UAE Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 66 UAE Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 67 UAE Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 68 UAE Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 69 Saudi Arabia Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 70 Saudi Arabia Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 71 Saudi Arabia Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 72 Saudi Arabia Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 73 Saudi Arabia Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 74 Saudi Arabia Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 75 Saudi Arabia Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 76 Saudi Arabia Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 77 South Africa Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 78 South Africa Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 79 South Africa Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 80 South Africa Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 81 South Africa Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 82 South Africa Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 83 South Africa Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 84 South Africa Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 85 Nigeria Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 86 Nigeria Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 87 Nigeria Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 88 Nigeria Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 89 Nigeria Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 90 Nigeria Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 91 Nigeria Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 92 Nigeria Plant-based Meat Market by Product, 2021 - 2027, USD Million
TABLE 93 Rest of LAMEA Plant-based Meat Market, 2017 - 2020, USD Million
TABLE 94 Rest of LAMEA Plant-based Meat Market, 2021 - 2027, USD Million
TABLE 95 Rest of LAMEA Plant-based Meat Market by Source, 2017 - 2020, USD Million
TABLE 96 Rest of LAMEA Plant-based Meat Market by Source, 2021 - 2027, USD Million
TABLE 97 Rest of LAMEA Plant-based Meat Market by Type, 2017 - 2020, USD Million
TABLE 98 Rest of LAMEA Plant-based Meat Market by Type, 2021 - 2027, USD Million
TABLE 99 Rest of LAMEA Plant-based Meat Market by Product, 2017 - 2020, USD Million
TABLE 100 Rest of LAMEA 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.