Article -> Article Details
| Title | Brazil Plant-Based Meat Market Size, Trends, Industry Share and Forecast Report 2026-2034 |
|---|---|
| Category | Business --> Food and Related |
| Meta Keywords | The Brazil Plant-Based Meat Market |
| Owner | akshaykumar |
| Description | |
| Market Overview The Brazil
Plant-Based Meat Market reached a size of USD 439.8 Million in 2025. It is
projected to grow at a compound annual growth rate (CAGR) of 20.71% during the
forecast period from 2026 to 2034, reaching a market value of USD 2,393.1
Million by 2034. Key drivers include increasing health and environmental
awareness, rising demand for plant-based diets, animal welfare concerns, and
investments in alternative protein innovation. Study Assumption Years
Brazil Plant-Based Meat Market Key Takeaways
Sample Request Link: https://www.imarcgroup.com/brazil-plant-based-meat-market/requestsample Market Growth Factors Consumer demand for veganism in Brazil is increasing and by
2023, there are about 10 million vegans and 40 million vegetarians in Brazil․
Veganism is one of the fastest growing consumer food trends in the United
States․ Pro-vegetarian campaigns such as Meatless Monday, often
organized and backed by state governments and animal rights groups, have helped
to popularize vegan and vegetarian restaurants in the US, of which there are
240+․
With rising numbers of vegetarians and vegans, the demand for meat alternatives
has increased․ Consumer health concerns and increased mortality from
cardiovascular disease are driving the demand for healthier source of protein
food including plant-based meats․ Brazil's food industry is investing
in plant-based proteins because of the nutritional and environmental advantages
of these proteins and the large market potential․ The market is driven by environmental sustainability trends․
Despite this, deforestation remains a challenge in Brazil: in July 2024, 666
square kilometers of forests were cleared (down 46% on July 2023)․
Animal agriculture in Brazil, the country with the world's second largest herd
of cattle, accounts for around 20% of global beef exports․ It
has an environmental impact on the Amazon Rainforest and the Cerrado․
Due to government pressure and private sector action to curb climate change and
reduce deforestation, there is a domestic trend of reducing beef production by
one-fourth by 2050 and a shift towards the production and consumption of
plant-based meat products․ Market Segmentation Product Type Insights:
Source Insights:
Meat Type Insights:
Distribution Channel Insights:
Regional Insights The report segments the Brazil plant-based meat market by
five key regions: Southeast, South, Northeast, North, and Central-West. While
specific regional statistics on market share or growth are not provided, these
regions collectively represent the geographical scope of market analysis and
forecasts for 2026-2034. Recent Developments & News In February 2024, Cellva Ingredients, Brazil's first startup
focused on cultivated animal ingredients, secured R$6.5 million in an initial
funding round led by Seed4SCience from Fundepar, with investors including
ProVeg Incubator, Rumbo Ventures, and EA Angels. Cellva plans to close this
round at R$10 million by March 2024. In September 2023, JBS, a major meat
company, commenced construction of the Biotech Innovation Centre in
Florianópolis. This R&D facility focuses on developing cell-based protein
to improve efficiency, scalability, and cost-effectiveness in cultured protein
production. Key Players
If you require any specific information that is not
covered currently within the scope of the report, we will provide the same as a
part of the customization. About Us IMARC Group is a global management consulting firm that
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research. | |
