Europe Plant-Based Meat Products Market Size, Growth, Share, Opportunities, Emerging Technologies, Competitive Landscape, Future Plans and Global Trends by Forecast (2021-2028)

The Europe plant-based meat products market 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 Market Introduction

The European market for meat substitutes derived from plants is experiencing substantial growth, with projections indicating an increase from US$ 2,060.30 million in 2021 to US$ 5,311.09 million by 2028. This
signifies a considerable estimated compound annual growth rate (CAGR) of 14.5% over the forecast period. A key driver behind this expansion is the increasing number of individuals in Europe adopting vegetarianism, particularly the vegan demographic, in recent years. Growing awareness of health concerns is prompting
more people to shift towards plant-based diets. Many healthcare professionals and dietitians recommend decreasing meat intake and embracing vegetarianism to lower the risk of chronic health problems, including obesity, heart-related diseases, high blood pressure, and digestive problems. Notably, Google Trends
identified veganism as a top-five search query in the UK and across Europe in 2019. Further emphasizing this trend, Veganuary, a European non-profit organization that promotes veganism during January, reported approximately 582,538 sign-ups for their 2021 initiative. Continuous improvements in product features and technological innovations are enabling suppliers to attract new customers and broaden their presence in developing markets. This trend is expected to be a crucial factor propelling the Europe plant-based meat products market in the coming years, with strong CAGR growth anticipated throughout the forecast period.

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Europe Plant-Based Meat Products Strategic Insights

Strategic insights into the European Plant-Based Meat Products market offer a data-focused analysis of the industry's current state, covering prevailing trends, major market players, and region-specific details. These insights provide practical guidance, enabling readers to achieve a competitive advantage by identifying underutilized market segments or developing unique value propositions. By leveraging data analytics, these
insights assist industry stakeholders, including investors and producers, in anticipating market changes. A forward-looking perspective is vital, helping stakeholders in predicting market shifts and positioning themselves for continued success within this dynamic European market. Ultimately, effective strategic insights empower readers to make well-informed decisions that enhance profitability and support the achievement of their business objectives within the market.

Europe Plant-Based Meat Products Market Segmentation

Europe Plant-Based Meat Products Market: By Type

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Patties

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Nuggets

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Meatballs

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Sausages

Europe Plant-Based Meat Products Market: By Category

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Frozen

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Refrigerated

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Ambient

Europe Plant-Based Meat Products Market: By Distribution Channel

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Supermarkets and Hypermarkets

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Convenience Stores

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Online Retail

Europe Plant-Based Meat Products Market: Regions and Countries Covered       

Europe

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UK

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Germany

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France

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Russia

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Italy

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Rest of Europe

Europe Plant-Based Meat Products Market: Market leaders and key company profiles  

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Beyond Meat

·        
Kellogg’s Company

·        
Tofurky

·        
VBites Foods Ltd

·        
Quorn

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Impossible Foods Inc.

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