PUBLISHER: Renub Research | PRODUCT CODE: 1702579
PUBLISHER: Renub Research | PRODUCT CODE: 1702579
United States Plant-Based Meat Market is expected to reach US$ 15.12 billion by 2033 from US$ 2.99 billion in 2024, with a CAGR of 19.91% from 2025 to 2033. The market is being driven by a number of important factors, including increased awareness of the product's health and wellness implications, the need for environmental sustainability, ethical and animal welfare concerns, improvements in food technology that have improved the taste and texture of plant-based meat, and culinary diversity.
United States Plant-based Meat Market Report by Product (Burgers, Sausages, Patties, Nuggets Tenders & Cutlets, Grounds, Others), Product Type (Textured Vegetable Protein, Tofu & Tofu Ingredients, Mycoprotein, Seitan, Other Soy Products, Tempeh, Others), Source (Soy, Wheat, Pea, Others), Storage Technique (Frozen, Refrigerated, Self-Stable), Region (East, West, North, South) and Company Analysis 2025-2033.
United States Plant-based Meat Industry Overview
Due to rising consumer demand for ethical and sustainable food options, the plant-based meat market in the US has grown significantly in recent years. Plant-based meat substitutes are becoming more popular in a variety of industries, including grocery shops and fast-food chains, as consumers grow more conscious of the negative effects animal agriculture has on the environment and the health advantages of plant-based diets. Leading the way are businesses like Beyond Meat and Impossible Foods, which provide goods that mimic the flavor, consistency, and appearance of conventional meat. In addition to vegetarians and vegans, this invention is drawing in flexitarians, or customers who want to eat less meat without completely giving it up.
Notwithstanding its quick growth, the business still has to contend with issues including production scaling, cost issues, and competition from conventional meat as well as other protein sources like lab-grown meat and plant-based dairy. Furthermore, considering their high sodium content and processed nature, some detractors wonder if plant-based meats are indeed healthier. However, investors and big food brands still believe in the sector's potential since they see it as an essential part of the food industry's future. It is anticipated that the U.S. market will continue to develop and innovate as customer preferences change and the technology underlying plant-based meats advances, with businesses concentrating on enhancing taste, affordability, and sustainability.
In November 2023, Beyond Meat planned to enter into a strategic alliance with distributor Nordic Food to make its products available to Romanian consumers. Through this partnership, Beyond Meat's wide variety of products, such as burgers, sausages, mince, and meatball substitutes, will be offered in the foodservice industry as well as retail settings, including physical stores and internet platforms
Similarly, according to Eliyahu, the brand's spokesman, Alpha Foods is set to improve its growth trajectory in August 2023 by joining a group of brands. This strategic step is expected to bring more resources for growth. This collaboration with a group of brands marks a turning point for Alpha Foods, which has already shown success in the retail industry.
Growth Drivers for the United States Plant-based Meat Market
Increased Environmental Concerns
One major factor contributing to the rising demand for plant-based meat substitutes is environmental concerns. Conventional meat production is linked to excessive water use, deforestation for animal grazing, and high greenhouse gas emissions-all of which exacerbate climate change and environmental degradation. Customers are increasingly looking for alternatives with a smaller ecological imprint as they grow more ecologically conscious. Compared to animal farming, the production of plant-based meats uses less water and land and produces fewer emissions. A larger drive to lessen environmental impact is reflected in this change toward sustainable food choices. Many consumers, especially younger generations, have embraced this movement and give sustainability top priority when making purchases.
Improved Taste and Texture
The taste, texture, and general quality of plant-based meats are being greatly enhanced by ongoing developments in food technology, which is making them more enticing to traditional meat consumers. Businesses are developing plant-based goods that closely resemble the sensory experience of eating animal-based meat by utilizing advancements in ingredients, flavorings, and processing techniques. For instance, the texture of plant-based burgers has improved, and the taste and mouthfeel of plant-based chicken and sausage are getting more realistic. Previous complaints about plant-based meats being too processed or flavorless have been lessened because to these advancements. More meat eaters are willing to include plant-based substitutes in their diets as the quality keeps improving, broadening the market beyond vegetarians and vegans.
Innovation and Product Variety
The industry's constant innovation in plant-based meat has produced a wide variety of goods that appeal to a wider market. Companies are creating a range of alternatives, such as sausages, chicken nuggets, and even seafood, in addition to more conventional options like plant-based burgers. Customers may more easily substitute animal-based items in a variety of meals thanks to these advances, which accommodate a wide range of tastes and dietary requirements. Convenience is increased with the addition of new plant-based product formats including deli slices and ready-to-cook foods. Customers are more inclined to investigate plant-based solutions when product variety increases because there are more well-known and creative substitutes available. This increases the market appeal and persuades consumers who are not vegetarians to explore plant-based meat substitutes.
Challenges in the United States Plant-based Meat Market