Global Veggie Burgers Market Size By Product Type (Mushroom Veggie Burgers, Vegan Black Bean Burgers, Portobello Mushroom Burgers, Potato and Bean Veggie Burgers), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers), By Geographic Scope And Forecast

Veggie Burgers Market Size And Forecast

Veggie Burgers Market size was valued at USD 4.71 Billion in 2024 and is projected to reach USD 7.99 Billion by 2031, growing at a CAGR of 7.52% from 2024 to 2031.

The growing demand for vegan food products, increased knowledge of the health benefits of a vegetarian diet, and expanding the availability of convenience stores, supermarkets, and hypermarkets. The Global Veggie Burgers market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.

Global Veggie Burgers Market Definition

Many people prefer processed vegetarian food to meat-based foods. It has been determined that processed meat plays a significant role in heart disease and cancer. Instead of processed meat, doctors are now advising vegetable burgers because they are almost fat-free and have fewer calories. Veggie burgers are superior to processed beef burgers for a variety of causes. For instance, they have less fat and calories, more fiber, and are frequently cooked with better-for-your components like beans, lentils, and veggies.

Additionally, they don’t contain nitrates or other processing-related compounds that could raise cancer and heart disease risks. Veggie burgers are a healthier alternative to traditional beef burgers. But that depends on the selection of the elements. In addition to being delicious, they are a good source of nutrients, vitamins, minerals, and vegetable proteins.

Vegetables, legumes, cereals, seeds, herbs, and spices are used to prepare these. Burgers made from vegetarian ingredients have become more popular and in demand in the food industry. People who want to cut back on or stop eating meat, as well as those who want to learn more about vegetarianism and are searching for meat substitutes, are the ones who seek them up.

One of the primary concerns of those who have never eaten a veggie burger is how it is manufactured to replace the proteins found in meat. The taste, color, texture, and various ingredients distinguish a vegetable burger from others. The main advantage of this 100% vegetarian hamburger is that it lowers meat intake. Reduced consumption of saturated fats, found in meat naturally, is perfect for health and can have a more immediate impact on quality of life.

Global Veggie Burgers Market Overview

The global veggie burger market is a rapidly expanding area of the more significant plant-based food sector. Vegetables, grains, and legumes are used to make veggie burger patties, which are intended to resemble classic meat-based cakes in both flavor and texture. Since they provide a plant-based alternative to burgers made from meat, Veggie Burgers are often promoted to health-conscious consumers, vegetarians, and vegans. Numerous issues, such as concerns about human health and the environment, drive the market for Veggie Burgers.

Growing consumer awareness of the health advantages of plant-based diets has resulted in a need for calorie and saturated-fat-reduced food options. Alternatives to traditional meat-based burgers, which are frequently rich in fat and calories, include Veggie Burgers.

Additionally, the demand for plant-based food options, such as Veggie Burgers, is fueled by the increasing attention paid to sustainability and environmental issues. Consumers are increasingly looking for ways to lessen their ecological effects, and the meat sector contributes significantly to greenhouse gas emissions and other environmental problems. Veggie burgers and other foods made from plants are a more environmentally friendly choice than meat-based diets. The largest market for Veggie Burgers right now is North America, Europe, and Asia Pacific.

Due to the growing popularity of plant-based diets and the sizeable population of vegetarians and vegans, the United States is the largest market in North America. Vegetarian burger sales are also significant in Europe, particularly in the UK and Germany.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Veggie Burgers market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

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Global Veggie Burgers Market Segmentation Analysis

The Global Veggie Burgers Market is Segmented on the Basis of Product Type, Distribution Channel, And Geography.

Veggie Burgers Market, By Product Type

• Mushroom Veggie Burgers
• Vegan Black Bean Burgers
• Portobello Mushroom Burgers
• Potato and Bean Veggie Burgers

So, when it comes to veggie burgers, you've got a few main typesthink Mushroom Veggie Burgers, Vegan Black Bean Burgers, hearty Portobello Mushroom Burgers, and even Potato and Bean Veggie Burgers. Interestingly, frozen veggie burgers are the most popular overall. And speaking of popular, Mushroom Veggie Burgers take the top spot when you look at specific types. What makes them so good? Well, they're a combo of veggies and mushrooms – you can use them fresh, frozen, or even dried! Plus, these burgers have gotten a serious boost in popularity lately because they're not just tasty and have a great texture, but they're also packed with good stuff. We're talking antioxidants and other healthy elements that can help your immune system and even fight off things like cancer and heart disease.

Veggie Burgers Market, By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Independent Retailers
• Others

Based on Distribution Channels, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, and Others. The supermarkets and hypermarkets accounted for the largest market share in the global Veggie Burgers. Several grocery chains are present, and the trend toward healthy eating is rising. These are only a few significant causes promoting this application category’s expansion. The availability of a wide variety of veggie burger products in supermarkets and hypermarkets is another aspect that is anticipated to support the development of this application category throughout the projected period.

Veggie Burgers Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Based on Geography, the global Veggie Burgers market is classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa. North America held the most significant market share in the worldwide veggie burger industry due to strong demand from both the United States and Canada, one of the most vegan-friendly nations in the world. During the forecast period, regional growth is anticipated to be fueled by the expansion of restaurants and food chains that only provide vegan food.

Key Players

The “Global Veggie Burgers Market” includes some of the major players of the industry are Beyond Meat, Impossible Foods, Morningstar Farms, Dr. Praeger’s, Gardenburger, Gardein, Boca Burger, Quorn, Lightlife, Field Roast, Tofurky, Sweet Earth, Alpha Foods, No Evil Foods, the Vegetarian Butcher among others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight to the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• A veggie burger patty-topped plant-based breakfast sandwich will be available in a few Starbucks stores in Canada starting in 2020, thanks to a partnership between Beyond Meat and Starbucks.
• Impossible Foods and Burger King announced cooperation in 2021 to launch the Impossible Whopper in more than 100 restaurants across Ontario, Canada.
• To create and market new plant-based seafood items, including a veggie burger produced from fungus, Nestle announced cooperation with plant-based meat startup Terramino Foods in 2021.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

We dig deep into the market, looking at both the numbers and the more nuanced stuff, breaking it down by different groups based on everything from their wallets to their lifestyles. You'll get the market value (in USD Billion!) for each of these groups and subgroups. We'll also point out which regions and segments are likely to explode with growth and which ones are already on top. Our analysis dives into each region, looking at who's using the product/service and what's driving the market there. We'll give you a competitive landscape, showing you where the big players rank, what new stuff they've launched, who they've partnered with, and what acquisitions or expansions they've made in the last five years – all in detailed company profiles that include an overview, insights, product comparisons, and a SWOT analysis for the major players. You'll get a feel for the current and future market outlook, including the latest growth opportunities, drivers, challenges, and restraints in both new and established regions. We even throw in a detailed look at the market through Porter's five forces analysis, provide insight via a Value Chain, and explore the market dynamics scenario along with growth opportunities moving forward. Oh, and you get 6 months of post-sales analyst support too.

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