Plant-based Meat Market Research is Expecting to Accrue Strong Growth in Forecast to 2035

The global plant-based meat market is projected to grow significantly from $17.1 billion this year to $54.8 billion by 2035, with a compound annual growth rate (CAGR) of 11.16% during the forecast period. This growth is attributed to the increasing consumer shift towards meat alternatives due to health, environmental, and ethical concerns.

Key Drivers of Growth

Several factors are driving the expansion of the plant-based meat market:
- Environmental and Health Concerns: Growing awareness of the negative impacts of traditional meat production on health and the environment has led to increased demand for plant-based options. The production of conventional meat significantly contributes to greenhouse gas emissions and requires extensive agricultural resources.

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