Press "Enter" to skip to content

Drastic Rise In Vegan Population Is Poised To Propel The Global Plant-Based Burger Market Growth

Burgers made up of plant-based ingredients are quickly becoming popular around the world, especially in countries developing countries. Vegetable diets have become a big movement in developed countries. Changing consumer preferences and desire for sustainable ​​and healthy foods is expected to dramatically drive the global market. A growing number of consumers looking to switch to vegetable-based meat substitutes, is helping more companies develop innovative food options.

The market will remain impressive as companies are launching a wide range of products without compromising on taste. His efforts to create the original texture of meat-based burgers are a good result for the global market. Driven by growing consumer demand around the world, several organic food and beverage startups are ramping up investment, which is a positive sign for the global plant-based burger market.

Recently in June, 2021, Burger King Singapore added Plant-based Whopper in its menu. The well-known hamburger chain added that fresh meat will attract a growing number of flexible consumers. The new vegetable burger is made with The Vegetarian Butcher’s soy-based patties, owned by Unilever.

The Global Plant-Based Burger Market can be divided into product, source, distribution channel and region. Depending on the product, the market can be divided into vegetable fish, vegetable pork, vegetable beef and vegetable chicken. Based on the source, the market can be divided into corn protein, soy protein, chia protein, potato protein, lentil protein, canola, flax protein, and wheat protein.The distribution channel segment is classified into online retail, supermarkets, specialty food stores, and convenience stores.

North America is expected to see significant growth over the forecast period amid presence of fast food giants that are increasing the growth of the global plant-based burger market. Europe is anticipated to be a fast-growing region due to the growing popularity of these products in the global market.  Growing consumer base and vegan population is expected to drive Asia Pacfic regions growth during the forecast period.

Some of the leading names in the global plant-based burger market include WH Group Ltd, Inc., Conagra Brands Inc., Nestlé SA, Atlantic Natural Foods Inc., Inc., Impossible Foods Inc., Beyond Meat, Tesco Plc, The Kroger Co., and others. In addition, manufacturers are focusing on product development that lasts longer with better texture and flavor and a better nutritional profile that will help grow the market in the country.

Sr. Content Writer At The Food Beverage News

Having a Master’s Degree in Brewing Technology and overall experience of 6 years in the field of writing, Jerri has been one of the most workaholic and dedicated team members of portal. She has been a part of this portal for 4 years now. Jerri started a career in writing with freelancing and the journey has been worth watching and appraising. She handles the Beverage Industry domain of the portal and along with her team provides all the vital and up-to-the-minute news and reports to the readers in a simple and comprehensible manner.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *