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Middle East & Africa Plant-Based Meat Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Patties, Nuggets, Meatballs, Sausages, and Others), Category (Frozen, Refrigerated, and Ambient), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

Report Code :  BMIRE00025606
No. of Pages :  108
Published Month :  Aug 2022
Category :  Food and Beverages
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The MEA plant-based meat products market is expected to grow from US$ 138.15 million in 2021 to US$ 379.17 million by 2028; it is estimated to grow at a CAGR of 15.5% from 2021 to 2028

 

The MEA plant-based meat products market is expected to grow from US$ 138.15 million in 2021 to US$ 379.17 million by 2028; it is estimated to grow at a CAGR of 15.5% from 2021 to 2028. Plant-based meat is gaining huge traction across the MEA as consumers in the region are reducing their meat consumption to lead a sustainable and healthy life. To address the augmenting demand for plant-based meat, many companies are expanding their operations in the MEA. The expansion of VBites in the region would open significant growth opportunities for the company in the coming years. Thus, the surging demand for plant-based meat in emerging regions is expected to provide a strong market potential during the forecast period.

  

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA plant-based meat products market in the coming years. The market is expected to grow at a good CAGR during the forecast period.

 

MEA Plant-based Meat Products Market Revenue and Forecast to 2028 (US$ Million)      

 

 

MEA Plant-based Meat Products Market Segmentation  

 

The MEA plant-based meat products Market is segmented based on by type, category, distribution channel, and country. Based on type, the MEA plant-based meat products Market is divided into patties, nuggets, meatballs, sausages, and others. The patties dominated the MEA plant-based meat products Market in 2020. Based on category, the MEA plant-based meat products Market is categorized into frozen, refrigerated, and ambient. The frozen segment dominated the MEA plant-based meat products Market in 2020. Based on distribution channel, the MEA plant-based meat products Market is categorized into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment dominated the MEA plant-based meat products Market in 2020. Based on country, the MEA plant-based meat products Market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. The Rest of MEA segment dominated the MEA plant-based meat products Market in 2020.  

 

Kellogg’s Company, Tofurky, VBites Foods Ltd, Quorn, and Impossible Foods Inc. by Altair are among the leading companies in the MEA plant-based meat products market.

  1. Kellogg’s Company
  2. Tofurky
  3. VBites Foods Ltd
  4. Quorn
  5. Impossible Foods Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA plant based meat products Market.    
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA plant based meat products Market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the MEA plant based meat products Market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution