North America Plant-Based Meat Products Market Developments, Trends and Opportunities, Forecast by 2028

The North America plant-based meat products market is expected to grow from US$ 1,759.28 million in 2021 to US$ 4,983.13 million by 2028; it is estimated to grow at a CAGR of 16.0% from 2021 to 2028.

๐Ÿ“š ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ@ https://www.businessmarketinsights.com/sample/BMIRE00025607

The North America plant-based meat products market is expected to grow from US$ 1,759.28 million in 2021 to US$ 4,983.13 million by 2028; it is estimated to grow at a CAGR of 16.0% from 2021 to 2028. Over the past few years, awareness regarding environmental sustainability among people has increased significantly. Climate change has affected the earth's natural ecosystems and poses a significant threat to the present and future generations' well-being. Population growth and urbanization in North America are among the primary causes of natural resource depletion, including water, fossil fuels, and land, contributing to global warming. People are heavily reliant on animal sources to meet their nutritional requirements. This factor exerts high pressure on the livestock industry. The livestock industry is one of the key contributors to anthropogenic greenhouse gas emissions. According to the Food and Agriculture Organization (FAO) of the United Nations (UN), the worldwide livestock industry emits 7.1 gigatons of carbon dioxide per year, accounting for 14.5% of all human-caused greenhouse gas emissions. According to industry experts, livestock production emits more carbon dioxide than the whole transportation industry combined.

๐Ÿ“š๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค @ https://www.businessmarketinsights.com/reports/north-america-plant-based-meat-products-market

๐“๐ก๐ž ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

Beyond Meat

Conagra Brands, Inc.

Kelloggโ€™s Company

Tofurky

Field Roast

Before the butcher

VBites Foods Ltd

Hilaryโ€™s โ€“ Drink Eat Well, LLC

Quorn

Impossible Foods Inc.

  • Nutritional Concerns:
    • Some plant-based meat products may be high in sodium and processed ingredients.
    • Manufacturers need to focus on developing nutritionally balanced products.
    • Fortification of plant based products with essential vitamins and minerals is important.
  • Supply Chain and Raw Material Sourcing:
    • Ensuring a sustainable and reliable supply of plant-based protein sources is crucial.
    • Addressing potential bottlenecks in the supply chain is essential for meeting growing demand.
  • Regulatory Frameworks:
    • Clear and consistent regulatory frameworks are needed to ensure product safety and labeling accuracy.
    • Navigating diverse regulatory requirements across different regions can be challenging.
  • Competition from Traditional Meat Industry:
    • The traditional meat industry is responding to the rise of plant based alternatives, by developing their own plant based lines, and by increasing marketing efforts.
    • Lobbying efforts from the traditional meat industry can provide regulatory challenges.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications


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