Figure 1

The global market value of plant-based meat alternatives and meat. Market data on plant-based meat alternatives and meat were obtained from STATISTA7. (a) The projected global market value of plant-based meats from 2018 to 2026 in Billion US Dollars. (b) The compound annual growth rate (CAGR) of the plant-based meat sector globally and by region. (c) The relative growth of the global plant-based meat sector (+ 14.8%) is expected to exceed the relative growth global animal meat market (+ 3.9%). Despite growth in absolute terms, the value share of the global animal meat sector as a percentage of the overall food industry is expected to remain more or less similar during 2018–20237.