Meat Substitute Market Growing at CAGR of 42.10% During The Forecast Period
According to Custom Market Insights (CMI), the Global Meat Substitute Market size was estimated at USD 10.1 Billion in 2023 and is expected to hit around USD 233.87 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 42.1% from 2023 to 2030. According to expert analysis from CMI, intensive animal husbandry practices have faced criticism for their adverse impact on the environment and animal welfare. As a result, there has been a surge in diets that either limit or exclude animal products, which is expected to drive the growth of the meat substitutes market. Browse the full “ Meat Substitute Market Size, Trends and Insights By Source (Plant-based Chicken, Plant-based Fish and Plant-based Beef), By Product Type (Patties, Crumbles & Grounds, Hot Dogs, Sausages, Nuggets, Meatballs, and Other Product Types), By Functionality (Weight Management, Immunity Boosting Products, Gut Health/Digestive Health, Clinical Nutrition, and Others), By Product For...