Top Plant-Based Meat Companies Disrupting the Food Industry
21 May, 2025

The market for Plant Based Meat is expected to increase at a compound annual growth rate of 18.12% from 2025 to 2033, from US$ 8.77 billion in 2024 to US$ 39.28 billion by 2033. At a compound annual growth rate (CAGR) of 19.91% from 2025 to 2033, likewise, the United States Plant Based Meat Market is projected to grow from US$ 2.99 billion in 2024 to US$ 15.12 billion by 2033. The market for plant-based meat is expanding quickly as customers look for more sustainable and healthful meat substitutes. Plant-based protein demand is being driven by growing knowledge of environmental issues, animal welfare, and personal wellness. Food technology advancements have improved these goods' nutritional content, flavor, and texture, increasing their appeal to a wider range of consumers. The market caters to both vegetarians and flexitarians with a broad range of products, including deli slices, sausages, nuggets, and burgers. While continuing to enhance product quality, businesses are concentrating on growing distribution through foodservice and retail channels. This changing environment is a result of rising interest in plant-based lifestyles and a change in worldwide dietary habits.

Businesses in the plant-based meat industry concentrate on employing cutting-edge food technology to provide creative, sustainable substitutes for conventional meat. They collaborate with food chains and merchants, provide a large selection of goods, and seek to satisfy the rising demand from consumers for morally and health-conscious food options.

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Leading Plant-Based Meat Companies Redefining the Future of Food

Beyond Meat

Establishment: 2009

Headquarters: United States of America

Website: www.beyondmeat.com/en-GB

Revenue: $326.5M in 2023

The food firm Beyond Meat Inc. (Beyond Meat) sells plant-based meat substitutes. Among other things, the firm sells meat jerky, popcorn chicken, steak, chicken nuggets, beef, meatballs, sausage patties and links, beef crumbles, and Italian sausage crumbles. Beyond Meat sells its goods under the following brands: Go Beyond, Cookout Classic, The Future of Protein, Beyond Meat, Beyond Burger, Beyond Beef, Beyond Sausage, Beyond Breakfast Sausage, Beyond Meatball, Beyond Chicken, Beyond Popcorn Chicken, Beyond Steak. Eat What You Love and the Caped Steer Logo. The firm distributes its goods via a number of channels, such as restaurants, schools, and retail and foodservice establishments. It has operations in the US, Canada, China, and the Netherlands. The US headquarters of Beyond Meat are located in El Segundo, California.

Conagra Brands

Establishment: 1919

Headquarters: United States of America

Website: www.conagrabrands.com

Revenue: $12.1B in 2023

Conagra Brands Inc. (Conagra) is a manufacturer and distributor of foodservice products and ingredients as well as branded, value-added consumer goods. Meals, entrees, frozen foods, sauces, seafood, shelf-stable food goods, and specially made culinary items are all part of the company's product line. In the US, it distributes branded, temperature-controlled food items via a number of retail channels. Conagra provides its goods to food service outlets, restaurants, retail outlets, and commercial clients. It owns stakes in foreign manufacturing plants in Mexico, Bangladesh, Sri Lanka, and India. In the US, Mexico, Canada, China, Panama, and the Philippines, it runs production plants and sales offices. Conagra is based in Chicago, Illinois, the US.

Maple Leaf Foods Inc,

Establishment: 1991

Headquarters: Canada

Website: www.mapleleaffoods.com

Revenue: $3.6B in 2023

Products made from beef, pig, and chicken are produced and processed by Maple Leaf Foods Inc. (Maple Leaf). Grain-based protein, packaged meats, value-added pig, turkey, and poultry products, prepared meats, and ready-to-cook and ready-to-serve meals are all part of the company's product line. Maple Leaf, Maple Leaf Prime, Lightlife, Field Roast, Schneider's, Mina, Grab N Snack, Country Naturals, and Greenfield Natural Meat Co. are some of the brands under which it sells its goods. Grocery chains, bargain shops, independent grocery stores, wholesale and retail buying groups, foodservice distributors and restaurants, institutional buyers, food processors, and eCommerce platforms are just a few of the channels it offers its products via. Products from the firm are sold in Japan, the US, and Canada. The headquarters of Maple Leaf are located in Mississauga, Ontario, Canada.

Tyson Foods Inc,

Establishment: 1935

Headquarters: United States of America

Website: www.tysonfoods.com

Revenue: $53.3B in 2023

Tyson meals Inc. is a food processor and marketer of prepared meals, beef, pig, and poultry. It provides a large selection of prepared dishes, including hot dogs, lunchmeat, bacon, turkey, morning sausage, flour and corn tortilla goods, and appetizers and snacks. The business also sells specific items, such as ingredients for pet and animal food. Tyson Foods supplies non-commercial food service providers, such as schools, hospitals, military installations, food processors, convenience shops, and restaurant operators, as well as food hotel chains, distributors, and retailers. Geographically, the firm is present in Asia-Pacific, Europe, the Middle East, and the Americas. The US headquarters of Tyson Foods are located in Springdale, Arkansas.

Kellanavo

Establishment: 2023

Headquarters: United States of America

Website: www.kellanova.com

Revenue: $12.7B in 2023

Kellanova (Kellanova), formerly Kellogg Co, is a producer and marketer of ready-to-eat cereal and convenience foods. Its product portfolio includes cereals, cookies, crackers, savory snacks, frozen waffles, toaster pastries, cereal bars, fruit-flavored snacks, veggie foods, granola bars, and bites. The company markets its snacks products under Kellogg’s Cheez-It, Pringles, Austin, Parati, and RXBAR, Zoo Cartoon, Trink, Rice Bubble, and Kashi, Morningstar Farms and Eggo brand names. Kellanova supplies its products to retailers and supermarkets for resale through direct sales force, distributors, and brokers. The company has business operations spanning across the Americas, Europe, the Middle East, Africa, Oceania, and Asia Pacific. Kellanova is headquartered in Battle Creek, Michigan, the US.

Archer Daniels Midland

Establishment: 1902

Headquarters: United States of America

Website: www.adm.com

Revenue: $85.5B in 2023

Archer Daniels Midland Co. (ADM) manufactures, processes, ships, stores, and sells commodities, ingredients, and agricultural goods. The firm uses oilseeds, corn, wheat, and other agricultural commodities to make food and beverage ingredients as well as other goods. Natural flavors and colors, nutritional and health goods, vegetable oils, maize sweeteners, flour, animal feed, and biofuels are all part of ADM's product line. Through its global grain elevator and transportation network, the corporation stores and ships agricultural commodities such oilseeds, maize, wheat, milo, oats, barley, and other products made from these inputs. ADM also provides services including logistics, transportation, and farmer services. It operates across Asia-Pacific, the Americas, Europe, the Middle East, and Africa. The US city of Chicago, Illinois, is home to ADM's headquarters.

US Foods Holding

Establishment: 1989

Headquarters: United States of America

Website: www.usfoods.com

Revenue: $37.9B in 2023

Fresh, frozen, and dry food items as well as non-food items are produced, marketed, and supplied to food service clients by US Foods Holding Corp (US Foods). Meat, fish, dairy goods, drinks, dry, frozen, and refrigerated grocery items, and other produce are among the things that the firm sells. Under a number of brands, including Molly's Kitchen, Stock Yards, Metro Deli, Harvest Value, Monarch, Monogram, Chef's Line, and Glenview Farms, it markets and sells these goods. The firm sells foodservice products and equipment through its retail locations, Chef'Stores, Food Fanatics, and Smart Foodservice. It caters to government and military institutions, colleges and universities, retail establishments, nursing homes, hospitals, country clubs, hotels and motels, individually operated single and multi-unit restaurants, regional concepts, and national restaurant chains. The US Foods headquarters are located in Rosemont, Illinois.

Hormel Foods Corporation

Establishment: 1891

Headquarters: United States of America

Website: www.hormelfoods.com

Revenue: $11.9B in 2023

A wide variety of food items are developed, processed, and distributed by Hormel Foods Corporation (Hormel Foods). Fresh meats, frozen goods, canned luncheon meats, nut butters, snack nuts, shelf-stable microwaveable meals, hash, stews, tortillas, nutritious food supplements, and frozen foods are just a few of the products that the firm offers. Numerous well-known brands, including Planters, Skippy, SPAM, Hormel Natural Choice, Applegate, Justins, Wholly, Hormel Black Label, Columbus, and Jennie-O, are linked to Hormel Foods. Several distribution channels, including U.S. retail, U.S. foodservice, and international, sell its products. Australia, Brazil, Canada, China, England, Indonesia, Japan, Mexico, the Philippines, Singapore, South Korea, and the United States are among the countries in which the firm works. The headquarters of Hormel Foods are located in Austin, Minnesota, USA.