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Showing posts with the label Plant-Based Burgers and Patties Market

Impact of COVID-19 Outbreak on Plant-Based Burgers and Patties Market Analysis, Trends and Opportunities 2021 - 2027

  Market Forecast In 2020, the global plant-based burgers and patties market was valued at  USD 229.8 million  and is expected to register a CAGR of  10.25%  between 2021 and 2028. Plant-based burgers and patties are becoming mainstream products across many American and European countries. The rising vegan, veganism, and flexitarian trends among the consumers of the US and many European countries has been a key factor behind its growth. Increasing awareness regarding animal cruelty due to animal meat consumption has proliferated the market growth in the last couple of years. Over production of livestockfor meeting meat consumption volumes has been a major factor for greenhouse emissions. Plant-based burgers can prove to be an effective alternative to animal meat, there by cutting global CO2 emissions. The advent of many food-based start-up companies specializing in plant-based food have also contributed towards the growth of the overall market. The emergence of these start-ups is stron