FrozenVeganBurger Global Market Size Forecast Top 12 P - District of Columbia - Washington DC ID1549405

Frozen Vegan Burger is a food made with plant-based raw materials as its main ingredients, processed and frozen to simulate the taste and appearance of traditional meat burgers while meeting the needs of a vegan (vegetarian) diet.

According to the new market research report “Global Frozen Vegan Burger Market Report 2023-2029”, published by QYResearch, the global Frozen Vegan Burger market size is projected to reach USD 4.66 billion by 2029, at a CAGR of 7.9% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Frozen Vegan Burger include Impossible Foods, Beyond Meat, MorningStar Farms (Kellogg), Tattooed Chef, Quorn, Yves Veggie Cuisine, Daiya, Turtle Island Foods, Conagra Brands, Sweet Earth Foods (Nestlé), etc. In 2022, the global top five players had a share approximately 75.0% in terms of revenue.

Market Drivers:

D1: The growing trend of vegetarianism and veganism is a major factor driving the growth of the Frozen Vegan Burger market as more and more consumers choose to adopt a plant-based diet.

D2: Consumers are paying more attention to health and healthy eating. Frozen Vegan Burger is often regarded as a low-fat, high-fiber, cholesterol-free healthy alternative, driving its market demand.

D3: The convenience of Frozen Vegan Burger is one of its market appeals and is suitable for fast-paced and busy consumers in modern lifestyles.

Restraints:

R1: The relatively high price of Frozen Vegan Burger compared with some traditional meat products may be a deterrent, especially in some economically constrained markets.

R2: Despite great progress in simulated meat, some consumers still have concerns about the taste and texture of Frozen Vegan Burger, which may affect its market acceptance.

R3: Some consumers may have concerns about the source of plant-based protein, such as soy allergy or sensitivity to soy products, which may be a deterrent.

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Email: global@qyresearch.com
Website: https://www.qyresearch.com

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