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Research Outline
Prepared for Mark G. | Delivered November 22, 2019
Plant-Based Meat Market by type
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Goals
To find the percentage of the plant-based meat market that is comprised of burgers and sausage versus other form factors like ground beef or ground turkey.
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Early Findings
U.S. Plant-Based Meat Market
By source
, the plant-based meat market is segmented into soy, wheat, pea, and others (quinoa, oats, beans, and seeds).
By product
, the market is segmented into burger patties, sausages, strips & nuggets, and meatballs.
"More than
$16 billion
has gone into U.S. plant-based and cell-based meat companies in the past decade, with
$13 billion
of it in 2017 and 2018, according to two recent reports from The Good Food Institute."
The plant-based protein and meat alternatives is projected increase from
$4.6 billion
in 2018 to
$85 billion
in 2030.
U.S. Wheat Based Meat Market Size: 2018
Burger patties:
5.5 kilo tons
Ground meat:
3.5 kilo tons
Sausages:
2 kilo tons
Strips & nuggets:
1 kilo tons
Steaks:
4 kilo tons
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