NEW YORK, April 16, 2021 /PRNewswire/ --

The plant-based meat market is expected to grow by USD 7.21 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the plant-based meat market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases. 

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The plant-based meat market will witness a positive impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Related Report on Consumer Staples Include:

Global Plant-Based Protein Products Market - Global plant-based protein products market is segmented by product (soy protein, wheat protein, pea protein, and others) and geography (North America, Europe, APAC, South America, and MEA). 
Exclusive Free Sample Report

Global Plant-based Burger Patties Market - Global plant-based burger patties market is segmented by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America). 
Exclusive Free Sample Report

Major Three Plant-based Meat Market Participants:

Beyond Meat Inc.

The company offers Go Beyond Breakfast, plant-based patties, Beyond Meatballs, plant-based meatballs, and other products.

Ecozone UK Ltd.

The company offers Sausage Tabbouleh, Meatball Shashlik, and other products.

Gathered Foods Corp.

The company offers plant-based tuna, fish burgers, and other products.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/plant-based-meat-market-industry-analysis

Plant-based Meat Market 2021-2025: Segmentation

Plant-based meat market is segmented as below:

• Type
• • Plant-Based Beef
  • Plant-Based Chicken
  • Plant-Based Pork
  • Others
• Geography
• • North America
  • Europe
  • APAC
  • South America
  • MEA

The plant-based meat market is driven by new product launches. In addition, the rising popularity of the vegan diet is expected to trigger the plant-based meat market toward witnessing a CAGR of over 25% during the forecast period.

More insights about the global trends impacting the future of the plant-based meat market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR40724

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com/
Report: www.technavio.com/report/plant-based-meat-market-industry-analysis

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SOURCE Technavio