Plant-Based Meat Market Booming, Forecast to Hit $23.8 Billion by 2030 on Health and Sustainability Trends
• Global plant-based meat market forecast to reach $23.81 billion by 2030, with 18.1% CAGR from 2024-2030 • Shift towards plant-based eating driven by health consciousness, environmental concerns, and ethical considerations • Soy remains dominant plant-based protein source due to versatility and nutritional profile • Demand growing for beef-flavored options that appeal to flexitarian market • China major market player due to evolving consumer preferences and government support