Global Plant-Based Sausage Market To Hit $6.3 Billion By 2028 As Meat Production Predicted To Decline

Drivers for the market's growth include a growing number of 'health-conscious' consumers who're shifting from meat-based sausages to vegan alternatives

By

1 Minutes Read

plant-based sausages The global plant-based sausage market is predicted to surpass $1 billion by the end of next year - Media Credit: Adobe. Do not use without permission

The global plant-based sausage market is set to be worth a staggering $6.3 billion by 2028, according to new data.

Future Market Insights’ latest report predicts the market to grow to expand at more than 26 percent year-on-year – surpassing $1 billion by the end of next year.

‘Health-conscious’ consumers

Drivers for the growth include a growing number of ‘health-conscious’ consumers who’re shifting from meat-based sausages to vegan alternatives, as well as the growing use of plant-based sausages in the foodservice industry, and ‘rising demand for plant-based products’. 

The report also states that Europe will ‘remain the biggest market growing prolifically throughout 2028’ and that soy-based sausages will remain the ‘preferred source’ throughout the forecast period. 

Meanwhile, The Food and Agriculture Organization of the United Nations notes a decline in meat production, which up until recent years has risen every year for the past six decades.

‘Rising awareness’

An analyst for FMI said: “The plant-based sausages market growth is supported by a rising awareness pertaining health and the subsequent decrease in meat uptake.

“This limited consumption of meat products has further ushered in a decline in production, making way for plant-based sausages market expansion.”

You can read the full report here

Support Plant Based News in our mission to plant 1 million trees by 2030. 🌳

Your donation supports our mission to bring you vital, up-to-the-minute plant-based news and research and contributes to our goal of planting 1 million trees by 2030. Every contribution combats deforestation and promotes a sustainable future. Together, we can make a difference – for our planet, health, and future generations.

© 2023 Plant Based News is a UK-based digital media outlet publishing content about veganism and plant-based living, including news and current events, health, personal transformation stories, features, and recipes. | Plant Based News Ltd, PO Box 71173, London, SE20 9DQ, United Kingdom.

buttons/scroll-to-top/scroll-to-top-small-active