Plant Based Meat Market

Research Methodology on Plant Based Meat Market

Research Approach

The research report is prepared based on information collected from various secondary sources such as articles, white papers and books. Primary research is conducted with relevant stakeholders such as plant-based meat companies, plant-based meat experts, industry professionals, and regulators, among others, to obtain first-hand information on the market. The research helps identify opportunities, drivers, restraints, and key trends affecting the growth of the global plant-based meat market.

Primary Data Collection

To understand the dynamics of the global plant-based meat market and its future trends, MRFR conducts extensive primary interviews with key stakeholders. Primary interviews include industry experts such as plant-based meat producers, plant-based meat experts, and industry professionals, among others.

Secondary Data Collection

Secondary data sources are considered to support the current market analysis of the global plant-based meat market. The sources include reports from government databases, industry associations and trade unions, press releases, and financial reports.

Data Analysis

To analyze the data collected from primary and secondary sources, extensive qualitative and quantitative analyses are conducted. Extensive primary interviews with stakeholders in the plant-based meat industry are conducted to gain insights into the market. The report is based on the secondary and primary data collected for further analysis.

Market Size Estimation

The gathered data is used to estimate the global plant-based meat market size in terms of value and volume. To arrive at market size estimates, the data sources used include company annual reports, trade associations, and industry databases. The obtained market size estimates are further verified through extensive primary interviews with manufacturers and retailers in the global plant-based meat market.

Forecast Model

The market potential is estimated based on the intensity of the demand and supply forces in the global plant-based meat market. This is done with the help of a demand-supply analysis. The demand side of the market is studied by considering factors such as macroeconomic factors, market dynamics, end-use projections, and technology advancements. The supply side of the market is studied by considering an in-depth analysis of the product portfolio, production cost, and production capacity of the players present in the market.

Key Assumptions

The assumptions used while compiling the report include:

• The plant-based meat market will expand at a solid CAGR during the forecast period 2023 to 2030.
• The pricing of plant-based meat is expected to remain competitive.
• The demand for plant-based meat is expected to remain strong in the upcoming years.
• Innovation will remain key to the growth of the market.