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Plant Based Pork Market By Distribution Channel
(Hypermarkets/Supermarkets, Convenience Stores, Specialty Food
Services), Source (Soy-based Protein, Wheat-based Protein, Pea-
based Protein), Product Type (Burger Patty, Crumbles & Grounds,
Sausages) & Region - Forecast to 2020 - 2030
Plant Based Pork Market - Analysis, Outlook, Growth, Trends, Forecasts
November 2020 | REP-GB-12707 |
305 pages
|
Food and
Beverage
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Introduction
The demand for vegan food is rising exponentially. Consumers
are not only moving towards clean label and plant-based food
products but are seeking whole foods that are free from
synthetic ingredients and additives. There is a consistent
increase in the number of consumers demanding plant-based
pork, which is attributable to the rising medical concerns among
them and resultant shift towards a healthy lifestyle.
These food items offer numerous health benefits in comparison
to animal meat. Thanks to recent developments they do not
compromise on taste as well, which is enabling the market to
witness remarkable growth.
Additionally, continuous research and development efforts by
plant-based meat manufacturers to offer better texture, longer
shelf life, aroma, and better nutrition profiles to consumers are
forecast to growth of the global plant-based pork market.
According to Future Marketing Insights (FMI), the global market
is projected to rise at an exceptional CAGR of 24.0% between
2020 and 2030.
Demand for Natural Ingredients Propelling
Growth
As a result of rising prevalence of various chronic ailments and
repeated outbreaks of pandemics across the world, consumers
have grown wary about meat consumption. Therefore the rise in
demand for products made from organic and natural ingredien