Europe Plant-Based Meat Products Market , Supply, Demand and SWOT Analysis 2028
The Plant-Based Meat Products Market in Europe is expected to grow from US$ 2,060.30 million in 2021 to US$ 5,311.09 million by 2028; it is estimated to grow at a CAGR of 14.5% from 2021 to 2028
Europe Plant-Based Meat Products Report Scope
Report Attribute Details
Market size in 2021 US$ 2,060.30 Million
Market Size by 2028 US$ 5,311.09 Million
Global CAGR (2021 - 2028) 14.5%
Historical Data 2019-2020
Forecast period 2022-2028
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
Beyond Meat
Kellogg’s Company
Tofurky
VBites Foods Ltd
Quorn
Impossible Foods Inc.
Segments Covered
By Type
Patties
Nuggets
Meatballs
Sausages
By Category
Frozen
Refrigerated
Ambient
By Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
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Market Segmentation
The Europe plant-based meat products Market is segmented based on by type, category, distribution channel, and country. Based on type, the Europe plant-based meat products Market is divided into patties, nuggets, meatballs, sausages, and others. The patties dominated the Europe plant-based meat products Market in 2020. Based on category, the Europe plant-based meat products Market is categorized into frozen, refrigerated, and ambient. The frozen segment dominated the Europe plant-based meat products Market in 2020.
Based on distribution channel, the Europe plant-based meat products Market is categorized into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment dominated the Europe plant-based meat products Market in 2020. Based on country, the Europe plant-based meat products Market is segmented into Germany, France, the UK, Italy, Russia, and Rest of Europe. The Rest of Europe segment dominated the Europe plant-based meat products Market in 2020.
Europe Plant-Based Meat Products Strategic Insights
This strategic assessment provides comprehensive insights into market evolution, competitive dynamics, and growth potential. Through detailed market analysis and trend evaluation, businesses can identify
strategic opportunities and innovation pathways. The insights facilitate data-driven decision-making for sustainable market success.
Industry projections anticipate strong market expansion, growing from US2,060.30 million in 2021 to US5,311.09 million by 2028, at a 14.5% CAGR. This upward trajectory aligns with the rapid adoption of
plant-based diets among European consumers. Healthcare recommendations increasingly emphasize plant-forward nutrition for chronic disease prevention. Online search data confirms veganism's position as a dominant trend across European digital platforms in 2019. The Veganuary 2021 initiative's participation metrics, reaching 5.8 million sign-ups, demonstrate the significant consumer shift toward plant-based lifestyles.
Europe Plant-Based Meat Products Regional Insights
Regional market characteristics vary significantly across Europe, requiring tailored business approaches. Understanding local consumption patterns, regulatory environments, and competitive landscapes is crucial for effective market strategy development. Companies that adapt their offerings to regional preferences can achieve stronger market positioning and customer acceptance.
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