PUBLISHER: IMARC | PRODUCT CODE: 1609733
PUBLISHER: IMARC | PRODUCT CODE: 1609733
The Japan plant-based meat market size reached USD 980.2 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 5,448 Million by 2033, exhibiting a growth rate (CAGR) of 21% during 2025-2033. The rising health consciousness among the masses, favorable government initiatives, increasing inclination among the masses to adopt vegetarian or vegan diets and rising expenditure capacities of consumers represent some of the key factors driving the market.
Plant-based meat refers to food products that are designed to replicate the taste, texture, and appearance of traditional animal-based meats, such as beef, chicken, pork, or seafood. These products are typically made using a combination of plant proteins, such as soy, wheat, peas, or mushrooms, along with various other ingredients to create a meat-like texture and flavor. Plant-based meat also consists of other ingredients like oils, spices, and binders that are further processed with additives and coloring agents to attain flavor and texture, similar to animal meat. As compared to traditional animal-based meats, plant-based meat is lower in saturated fat, cholesterol, and calories and may offer health benefits such as reduced risk of heart disease and certain cancers.
The rising health consciousness among the masses is one of the key factors creating a positive outlook for the market. Plant-based meat offers various health benefits as they are often lower in saturated fats and cholesterol while offering higher protein content. In line with this, the increasing inclination among the masses to adopt vegetarian or vegan diets is facilitating the demand for plant-based meat products as a substitute for traditional meat. Moreover, Japan has been gradually recognizing the environmental impact of animal agriculture, including greenhouse gas emissions and land use, which is favoring the market growth. Apart from this, growing partnerships between local food companies, restaurants, and international plant-based meat producers to introduce new products and increase consumer awareness is providing a considerable boost to the market growth. Furthermore, the growing inclination toward veganism coupled with the rising concerns of animal welfare and protection is contributing to the market growth. Additionally, the introduction of several awareness programs by various animal welfare organizations for reducing excessive animal killing for meat consumption is propelling the market growth. Besides this, the widespread product adoption among individuals who follow vegetarian or vegan diets due to cultural, religious, or personal beliefs is positively influencing the market growth. Other factors, including rising environmental consciousness, increasing expenditure capacities of consumers, rapid technological advancements, and high-profile celebrities and athletes endorsing plant-based diets and plant-based meat products, are supporting the market growth.