What is Veggie Meals Market?
Many people have aversion to a meatless diet because they fear they would miss consuming meat due to personal preference or cultural reasons. The increasing number of vegetarians and vegan people are driving the demand for many vegetarian meat alternatives. However, plant-based food products are a booming industry due to growing awareness about animal cruelty and the increasing adoption of plant-based products.
The market study is being classified by Type (Low Carb Meal, Keto-Friendly, Diabetes-Friendly and Gluten-Free) and major geographies with country level break-up.
Amy's Kitchen (United States), Beyond Meat (United States), Gardein (Canada), Daiya Foods, Inc. (Canada), Sweet Earth (United States), Field Roast (United States), Gooddot (India), Impossible Foods Inc. (United States), Hain Celestial Group, Inc. (United States) and Vivera (Netherlands) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Veggie Meals market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Veggie Meals market by Type, Application and Region.
On the basis of geography, the market of Veggie Meals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Changes in Consumer Behavior and Growing Popularity of Plant-based Food Products
- Increasing Vegan Population Across the Globe and Significant Investment in Plant-based Products by Key Manufacturers
- Research & Development and New Product Launches by the Manufacturers
- Increasing Risk of Nutrient Deficiency Due to Veggie Diet
- Restaurants are Offering Multiple Varieties and More Quality Vegetarian Food Products
- Risk of Exposure to Chemicals like Herbicides And Pesticides Among People Who Consumes Plant-based Diet
Market Leaders and some development strategies
In April 2021, JBS announced the acquisition of Vivera to expand in plant-based protein and value-added food segments. After this transaction, Vivera will continue to operate on a stand-alone basis. The deal with JBS gives Vivera access to significant resources and capabilities to accelerate its current growth trajectory and brand expansion.
In August 2021, Nestlé-owned brand Freshly launched its first fully vegan meal line under the new Purely Plant menu. The Meals are ready to eat in three minutes and inspired by the variety of cuisines. The Purely Plant line also includes Rainbow Harvest Plant-Based Burger with Sticky Carrot Jam & Summer Veggie Sauté and Unwrapped Salsa Verde Burrito with Purely Plant Crumbles.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Veggie Meals Manufacturers, Suppliers and Distributors of Veggie Meals, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Veggie Meals Market?
"Changes in Consumer Behavior and Growing Popularity of Plant-based Food Products
" is seen as one of major growth factors of Veggie Meals Market in years to come.
2. Can we have customized study for Veggie Meals Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Veggie Meals Market?
United States will lead Veggie Meals Market in coming years.