Vegan Meat Market Size and Share
Vegan Meat Market Analysis by Mordor Intelligence
The vegan meat market size stands at USD 10.87 billion in 2025 and is on course to reach USD 21.42 billion by 2030, reflecting a 14.53% CAGR during the forecast period. This swift growth highlights a significant shift towards plant-based proteins, driven by rising health consciousness, environmental concerns, and advancements in food processing technology. While North America leads in revenue, the Asia-Pacific region dominates in volume growth, showcasing a trend where established markets prioritize product sophistication and emerging ones focus on affordability. Recent regulatory clarifications, like the FDA's 2024 labeling guidance, have dispelled market uncertainties, paving the way for new product launches and clearer claims. Concurrently, the rise of digital commerce is democratizing market access, enabling smaller brands to tap into niche consumer segments without the hefty costs of traditional shelf placements. Together, these dynamics paint a picture of a competitive yet opportunity-laden vegan meat market, set to more than double in size over the next five years.
Key Report Takeaways
- By product type, burger patties led with 35.27% of vegan meat market share in 2024; seafood analogues are forecast to post the fastest 12.82% CAGR to 2030.
- By source, soy accounted for 60.31% of the vegan meat market size in 2024, while pea is projected to advance at an 11.75% CAGR through 2030.
- By meat type, Poultry held 42.81% share of the vegan meat market size in 2024; others show the highest 13.47% CAGR outlook.
- By distribution channel, supermarkets and hypermarkets claimed 49.62% revenue share in 2024, whereas online retail is expanding at a 14.92% CAGR to 2030.
- By geography, North America commanded 40.75% of the vegan meat market size in 2024; Asia-Pacific is the fastest‐growing region with a 16.40% CAGR to 2030.
Global Vegan Meat Market Trends and Insights
Driver Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Growing Demand for Shelf Stable and Ready-to-Eat Foods | +2.5% | Global, with stronger impact in North America & Europe | Medium term (2-4 years) |
| Consumer Inclination Towards Low-Calorie Diet | +1.8% | Global, particularly strong in developed markets | Long term (≥ 4 years) |
| Amplifying Demand for Natural and Clean-Label Foods | +1.2% | North America & EU leading, expanding to APAC | Medium term (2-4 years) |
| Adoption of Advanced Technologies Reshaping Vegan Food Market | +0.9% | Global, with innovation hubs in US, Netherlands, Singapore | Long term (≥ 4 years) |
| Increasing Consumer Preference for Fortified and Functional Food and Beverages | +0.6% | Developed markets initially, spreading globally | Medium term (2-4 years) |
| Supporting Government Policies and Rising Associations | +0.4% | EU, North America, select APAC countries | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Growing Demand for Shelf-Stable and Ready-to-Eat Foods
Busy households and innovative preservation methods are redirecting R&D budgets toward ambient-temperature formats. Eliminating cold-chain logistics trims distribution costs by up to 30%, unlocking underserved food-desert territories. Rebellyous Foods' continuous-flow production line cuts per-unit costs by 90%, making pantry-ready vegan meat offerings financially compelling, and precision fermentation lengthens ambient shelf life while protecting protein integrity, an advance bolstered by FDA safety guidance issued in 2024. Emerging-market retailers welcome these products because they sidestep refrigeration challenges, allowing deeper penetration into rural channels. Collectively, convenience, cost gains, and looser infrastructure requirements mark shelf-stable items as a structural growth lever across the vegan meat market.
Consumer Inclination Toward Low-Calorie Diets
With a global surge in health consciousness, consumers are increasingly prioritizing low-calorie options that promote weight management and overall wellness. Vegan meat products, crafted from plant-based proteins like soy, peas, and wheat, typically boast fewer calories and reduced saturated fat compared to their animal-derived counterparts. This appealing nutritional profile attracts those looking to cut calories without sacrificing taste or protein intake. Urban populations and younger demographics, driven by health and ethical considerations, are notably leading this trend, often adopting flexitarian or entirely plant-based diets. The rising availability and diverse offerings of vegan meat products in mainstream retail and foodservice channels further bolster this dietary shift, simplifying the integration of these low-calorie, plant-based alternatives into daily meals. Clinical evidence shows lower cardiovascular risk among plant-forward eaters, adding medical credibility. Manufacturers manipulate fiber ratios and protein network architecture to heighten satiety, closing the “still hungry” perception gap. Layering in functional lipids such as plant-derived omega-3s gives consumers more reasons to trade up, expanding the reachable market beyond early adopters.
Amplifying Demand for Natural and Clean-Label Foods
Global consumers are increasingly gravitating towards products with straightforward, recognizable ingredients, steering clear of artificial additives, preservatives, and synthetic components. This trend is particularly evident in the plant-based sector. Vegan meat brands are reformulating their offerings to spotlight natural, non-GMO, and minimally processed ingredients, echoing the clean-label movement. Transparent labeling, ethical sourcing, and sustainability claims are shaping purchase decisions and cultivating trust and brand loyalty among health-conscious and environmentally aware consumers. Consequently, the clean-label trend is spurring innovation in vegan meat. Manufacturers are channeling investments into natural flavors, botanical extracts, and transparent ingredient sourcing to align with consumer demands for authenticity and simplicity. A significant 78% of shoppers are shunning artificial additives[1]"Maximize brand value by formulating to 2024 consumer food preferences", February 2025, www.ingredion.com, prompting companies to pivot their formulations towards more recognizable ingredients. While texturizers from peas and mushrooms are stepping in for synthetic binders, companies face the challenge of maintaining flavor, juiciness, and shelf stability. A notable collaboration between DSM-Firmenich and Israel's Meala FoodTech showcases the potential of enzyme systems in achieving a meat-like bite sans chemical emulsifiers. Precision fermentation is empowering brands to craft pure protein inputs devoid of processing aids, meeting the call for label transparency. The push for clean-label standards is also driving vertical integration, enabling firms to authenticate the origin of every ingredient, which deepens consumer trust and bolsters a premium stance in the competitive vegan meat landscape.
Adoption of Advanced Technologies Reshaping Vegan Foods
Advanced technologies are reshaping the vegan foods sector, driving both innovation and market expansion. Techniques like high-moisture extrusion, precision fermentation, and cellular agriculture empower manufacturers to craft plant-based meats that closely mimic the texture, flavor, and nutritional profiles of their animal-based counterparts. Meanwhile, artificial intelligence and data-driven formulations speed up the creation of products that align with shifting consumer preferences. Enzyme engineering and biotechnology pave the way for novel, sustainable protein sources. Furthermore, innovations in food processing and preservation boost shelf life and safety, all while supporting the clean-label movement by minimizing artificial additives. These technological strides not only tackle taste and quality challenges but also streamline production, cut costs, and lessen environmental footprints, driving the global vegan foods market forward. 3-D printers are now layering plant proteins and vegetable fats to replicate muscular striations, making whole-cut analogues commercially viable.With costs decreasing, these advancements are pushing the vegan meat market from the fringes into the mainstream.
Restraint Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Price Gap vs. Chicken & Pork Widens on Crop Inflation | -1.5% | Global, particularly acute in price-sensitive markets | Short term (≤ 2 years) |
| Persisting Taste-Texture Fatigue Among Repeat Buyers | -0.8% | Developed markets with higher trial rates | Medium term (2-4 years) |
| "Meat" Labelling Bans in Multiple EU/US States Hamper Marketing | -0.7% | EU, select US states, expanding to other regions | Medium term (2-4 years) |
| Supply Chain and Scalability Issues | -0.5% | Global, with regional variations in severity | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Price Gap vs. Chicken & Pork Widens on Crop Inflation
Rising costs of key plant-based inputs, including soy, peas, and wheat, are fueling crop inflation and driving up production costs for vegan meat. This surge in costs is making it increasingly challenging for manufacturers to match prices with conventional chicken and pork. While prices for traditional meats have also escalated, influenced by factors like feed, energy, and logistics, plant-based producers feel the brunt of crop price volatility and supply chain disruptions[2]"How chicken, beef and pork prices increased in 2025", Agravery, July 2025, www.agravery.com. These producers depend heavily on processed ingredients and specialized manufacturing. Consequently, in numerous markets, plant-based meats can be priced at up to twice that of their animal-based equivalents, with the disparity being particularly pronounced for chicken and pork alternatives. This ongoing price gap is dissuading price-sensitive consumers, especially in developing nations. Many lapsed or hesitant buyers cite this price differential as their primary reason for abstaining from vegan meat purchases. Unless the industry can harness greater economies of scale, refine supply chains, and stabilize crop sourcing, this price gap will continue to hinder widespread adoption.
Persisting Taste-Texture Fatigue Among Repeat Buyers
Many consumers are reporting a decline in satisfaction with plant-based alternatives over time, highlighting a growing restraint for the global vegan meat market. While initial curiosity, health, and sustainability motivations drive consumers to try vegan meats, repeat buyers often feel these alternatives don't quite match the taste, juiciness, and mouthfeel of traditional animal-based proteins. Sensory studies indicate that, despite ongoing improvements, plant-based meats are frequently viewed as less tasty, drier, or more granular than their conventional counterparts. This perception leads to negative associations and diminished emotional satisfaction. Flexitarians and mainstream consumers, in particular, expect a seamless substitute experience. However, they often encounter off-flavors or texture inconsistencies, leading some to revert to animal-based options or cut back on their purchases. Given that taste and texture are primary purchase drivers, the challenge of consistently delivering a meat-like experience could hinder the market's long-term growth.
Segment Analysis
By Product Type: Burger Patties Claim Dominance, Seafood Analogues Accelerate
In 2024, burger patties claimed a 35.27% share of the vegan meat market, solidifying their status as the category's entry point. Their dominance stems from widespread appeal, versatility, and a robust presence in retail and foodservice. Major fast-food players, including Burger King and McDonald's, have rolled out plant-based burgers, amplifying their visibility and acceptance. Burger patties, recognized as a familiar and convenient meat substitute, resonate particularly with flexitarian and health-focused consumers. Quick-service restaurants have made plant-based burgers mainstream, often placing them alongside traditional beef patties on menus. Through aggressive co-branding with restaurant operators, these products maintain high visibility, a sentiment echoed by supermarkets with end-cap promotions.
Seafood analogues, while only a fraction of current sales, are advancing at a 12.82% CAGR through 2030, making them the fastest-rising product group within the vegan meat market. Driven by heightened consumer awareness of overfishing and sustainability, there's a rising demand for allergen-friendly, plant-based seafood. Both innovative startups and established brands are broadening their offerings, introducing products like fishless filets, crab cakes, and shrimp alternatives, all in tune with consumers' ethical and environmental concerns. Concerns over mercury levels and overfishing amplify the urgency. While premium pricing offsets R&D expenditures, partnerships with sushi chains are elevating once-niche products to coveted menu highlights.
Note: Segment shares of all individual segments available upon report purchase
By Source: Soy Retains Leadership, Pea Strengthens its Trajectory
Soy accounted for 60.31% of the vegan meat market size in 2024, thanks to its complete amino profile, functional versatility, and entrenched supply lines. Multinationals enjoy decades of processing know-how, which keeps unit economics competitive. Still, GMO concerns and allergen labeling requirements compel some brands to seek supplementary proteins. Non-GMO certifications and regenerative farming partnerships have become common tactics to defend soy’s position in the vegan meat market.
Pea, clocking an 11.75% CAGR, is benefiting from an allergen-free halo and favorable life-cycle analysis. New wet-fractionation plants in Canada and France are boosting volumes and trimming extraction costs, which narrows the price gap with soy. Functional tweaks—such as pH-shifting and enzymatic treatment—have improved solubility and flavor neutrality, broadening use cases beyond powders into formed meat alternatives. The ingredient appeals strongly to clean-label shoppers, accelerating its share climb inside the vegan meat market.
By Meat Type: Poultry Dominate, Fish Leads Future Upside
In 2024, poultry captured 42.81% of the vegan meat market, underscoring the global prominence of poultry in diets. Nugget and tender formats streamline manufacturing, as their target texture resembles a homogenous matrix rather than whole muscle. Restaurants utilize these items for children's meals and snacks, broadening their appeal. Health-conscious consumers appreciate the reduced saturated fat content, leading to consistent repeat purchases. The versatility and global culinary integration of chicken alternatives, combined with consumer familiarity, drive their popularity. Quick-service restaurants and retail outlets prominently feature plant-based nuggets, tenders, and patties, aligning with mainstream preferences and convenience.
Others segment including fish analogues, forecasted to grow at a 13.47% CAGR, blend sustainability narratives with nutritional benefits, notably omega-3s. This growth is fueled by rising consumer awareness about ocean sustainability, concerns over mercury, and a dietary pivot towards pescatarian and flexitarian diets. The surge in realistic plant-based fish product development is especially notable in North America and Europe. Developers are turning to konjac, seaweed, and microalgae oils to replicate oceanic flavors and achieve translucent flakes. In Asia, where seafood is a culinary staple, regulatory support is bolstering the segment's legitimacy. Investors, eyeing the relatively uncharted competitive landscape, foresee greater returns here than in the saturated poultry market.
Note: Segment shares of all individual segments available upon report purchase
By Distribution Channel: Supermarkets Secure Volume, E-Commerce Builds Velocity
In 2024, supermarkets and hypermarkets accounted for 49.62% of total revenues, leveraging established cold-chain logistics and shoppers' habitual "comparison set" in meat aisles. Their vast reach, diverse product offerings, and consumer trust position them as the go-to channel for plant-based meat purchases. With dedicated plant-based sections and active in-store promotions, they solidify their dominance in this market. Branded end-caps and strategic cross-promotions with buns and condiments drive impulse purchases. Yet, limited shelf space imposes strict velocity thresholds, pushing slower-moving items out of rotation. Chain buyers are increasingly demanding slotting fees, steering smaller brands towards alternative sales channels.
Online stores are experiencing a robust 14.92% CAGR, driven by direct-to-consumer boxes and subscription services that smooth out demand fluctuations. The e-commerce boom, hastened by the COVID-19 pandemic, has significantly enhanced the accessibility of plant-based products. Both direct-to-consumer brands and grocery delivery services are seizing this momentum, catering to tech-savvy, health-conscious consumers with convenience and a broader selection. Digital platforms play a pivotal role for innovative SKUs that benefit from storytelling or niche dietary emphasis. Brands harness valuable first-party data—like purchase frequency and flavor preferences—to refine their offerings. In urban areas, same-day cold delivery alleviates freshness concerns, bolstering the channel's reputation for handling perishables.
Geography Analysis
North America contributes 40.75% of 2024 global sales, a lead anchored by high disposable income, early adopter behavior, and transparent regulatory oversight that emboldens label claims. Intensifying competition is encouraging margin defense through supply-chain integration and automation. Food-tech clusters in California, Colorado, and Ontario supply talent and capital, quickening technology transfer into commercial runs. Yet category penetration plateaus in some metropolitan zones, redirecting focus toward underserved suburban and rural pockets.
Asia-Pacific, advancing at 16.40% CAGR to 2030, is propelled by urbanization, rising middle-class wage growth, and growing exposure to Western food culture. Domestic champions in China and India are tailoring spice profiles and price points to local palates, compressing import dependence. Singapore's forward-looking novel-foods framework is nurturing a regional innovation corridor that draws multinationals and startups alike.[3]Allyson Plowright, "APAC's Appetite for Plant-Based Proteins Accelerates," greenqueen.com.hk Price considerations remain acute, yet government incentives tied to self-sufficiency and sustainability provide counterbalance.
Europe shows steady but less explosive growth, undergirded by stringent climate targets and agricultural subsidy reforms that reward low-carbon proteins. Labeling restrictions—such as "burger" or "sausage" bans—pose marketing headaches, pushing brands to use novel descriptors that resonate at shelf. The European Food Safety Authority's structured approval path for precision-fermented ingredients is gradually reducing regulatory uncertainty, inviting deeper capital commitments. Consumer willingness to pay premiums for traceable, humane protein remains a distinct advantage over price-sensitive regions. The Middle East and Africa and South America are seeing increased adoption of vegan meat, driven by rising health consciousness, environmental awareness, and evolving dietary preferences. Urbanization, a young population, and greater exposure to global food trends—particularly in countries like South Africa and the United Arab Emirates—are accelerating the adoption of plant-based meat. Health benefits, such as lower cholesterol and reduced cardiovascular risk, are key motivators.
Competitive Landscape
Scoring a 6 on a 10-point concentration scale, the vegan meat market showcases moderate consolidation with key players including Beyond Meat Inc, Impossible Foods Inc., Maple Leaf Foods Inc., Conagra Brands Inc., and Kellogg Company, are each leveraging their unique strengths to capture market share. Beyond Meat emphasizes products based on pea and bean proteins, whereas Impossible Foods incorporates genetically engineered soy leghemoglobin to achieve a meat-like flavor. Notably, Maple Leaf Foods stands out as an innovator in plant-based meats, especially in North America. Collectively, these companies are not only driving innovation but also responding to the surging consumer demand for clean-label and sustainable meat alternatives. They employ a blend of premium innovation and cost-leadership strategies to compete in the expanding global plant-based meat market.
Additionally, the market is primarily driven by two strategic approaches. First, cost-leadership players are working to make pricing more accessible. They're achieving this by streamlining extrusion processes, automating packaging, and securing long-term feedstock contracts. On the other hand, premium technologists are diving into biochemical innovations, focusing on texture fidelity, micronutrient enhancement, and culinary adaptability. Furthermore, food-tech startups are entering into cross-licensing deals with global co-packers, speeding up their market entry, lowering capital demands, and simultaneously enriching the innovation reservoirs of established players.
There is untapped potential in regional cuisines, including Latin American asado, Middle Eastern kofta, and Southeast Asian seafood, where Western brands have yet to fully capture authentic flavors. Companies adept at blending localized flavor expertise with cost efficiency stand to outshine more generic competitors. Given the market's emphasis on assured, clean-label ingredients, there's a growing trend towards vertical integration, especially in areas like protein isolates, fats, and flavor systems, as a means to bolster profit margins.
Vegan Meat Industry Leaders
-
Beyond Meat Inc
-
Impossible Foods Inc
-
Maple Leaf Foods Inc.
-
Conagra Brands Inc.
-
Kellogg Company
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2025: Slovenian startup, known for its plant-based whole cuts, has partnered with Austrian startup Revo Foods to introduce 'Kinda Cod', a mycoprotein-based fish filet. This marks the inaugural product in a curated line, 'Juicy Marbles & Friends', crafted in collaboration with various partners.
- May 2025: Beyond Meat, has launched its unbreaded vegan chicken pieces in more than 1,900 Kroger stores across the country. Each serving of Beyond Chicken Pieces boasts 21g of plant-based protein and is infused with "heart-healthy" avocado oil. Notably, they contain just 0.5g of saturated fat per serving, a stark contrast to the 3.8g found in a similar 100g serving of conventional chicken, and are free from cholesterol and antibiotics.
- March 2025: JBS SA acquired The Vegetarian Butcher from Unilever through its subsidiary Vivera, combining resources to enhance market presence across 55 global markets and strengthen the plant-based meat replacement category through improved distribution and manufacturing capabilities.
Global Vegan Meat Market Report Scope
| Burger Patties |
| Sausages and Hot Dogs |
| Nuggets and Tenders |
| Grounds and Mince |
| Meatballs |
| Deli Slices |
| Seafood Analogues |
| Others (Jerky, Bacon etc.) |
| Soy |
| Wheat |
| Pea |
| Others |
| Red Meat |
| Poultry |
| Others |
| On-Trade |
| Off-Trade |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Netherlands | |
| Poland | |
| Sweden | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Australia | |
| Indonesia | |
| South Korea | |
| Thailand | |
| Singapore | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Peru | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| United Arab Emirates | |
| Nigeria | |
| Egypt | |
| Morocco | |
| Turkey | |
| Rest of Middle East and Africa |
| By Product Type | Burger Patties | |
| Sausages and Hot Dogs | ||
| Nuggets and Tenders | ||
| Grounds and Mince | ||
| Meatballs | ||
| Deli Slices | ||
| Seafood Analogues | ||
| Others (Jerky, Bacon etc.) | ||
| By Source | Soy | |
| Wheat | ||
| Pea | ||
| Others | ||
| By Meat Type | Red Meat | |
| Poultry | ||
| Others | ||
| By Distribution Channel | On-Trade | |
| Off-Trade | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Netherlands | ||
| Poland | ||
| Sweden | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| Indonesia | ||
| South Korea | ||
| Thailand | ||
| Singapore | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Chile | ||
| Peru | ||
| Rest of South America | ||
| Middle East and Africa | South Africa | |
| Saudi Arabia | ||
| United Arab Emirates | ||
| Nigeria | ||
| Egypt | ||
| Morocco | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current value of the vegan meat market?
The vegan meat market size is USD 10.87 billion in 2025, with projections of USD 21.42 billion by 2030.
Which region generates the highest revenue?
North America leads with 40.75% of 2024 global sales, thanks to early adoption and strong retail networks.
Why is pea gaining popularity?
Pea offers an allergen-free, non-GMO profile and now matches soy’s functionality, driving an 11.75% CAGR to 2030.
How big is online retail in the vegan meat market?
Online sales represent a smaller base today but are growing at a 14.92% CAGR, fueled by direct-to-consumer models and subscription plans
Page last updated on: