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.
๐ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ@ https://www.businessmarketinsights.com/sample/BMIRE00025607
Theย North America plant-based meat products marketย 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 posesย a significant threat to theย 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)ย of the United Nations (UN), the worldwide livestock industry emits 7.1 gigatons of carbon dioxideย 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.
๐๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค @ https://www.businessmarketinsights.com/reports/north-america-plant-based-meat-products-market
๐๐ก๐ ๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
Beyond Meat
Conagra Brands, Inc.
Kelloggโs Company
Tofurky
Field Roast
Before the butcher
VBites Foods Ltd
Hilaryโs โ Drink Eat Well, LLC
Quorn
Impossible Foods Inc.
Future Prospects:
- Continued Market Growth:
- The plant-based meat market is expected to continue its rapid growth trajectory in the coming years.
- Increasing consumer awareness, technological advancements, and expanding product offerings will drive market expansion.
- Technological Innovations:
- Further advancements in cellular agriculture and fermentation technology will lead to the development of more realistic and sustainable meat alternatives.
- The use of artificial intelligence and machine learning will enhance product development and manufacturing processes.
- Expansion into Emerging Markets:
- The plant-based meat market is expected to expand into emerging markets, particularly in Asia and Latin America.
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