The Brazil Plant-Based Meat market size reached USD 361.10 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,130.18 Million by 2033, exhibiting a growth rate (CAGR) of 21.80% during2025-2033. The increasing consumer awareness about health and environmental sustainability, rising demand for vegan and vegetarian diets, growing concerns over animal welfare, increasing investments by food companies in plant-based food options, coupled with the influence of global trends toward meat alternatives, and the evolving consumer preferences for healthier and eco-friendly dietary choices are some of the major factors influencing the Brazil plant-based meat market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 361.10 Million |
Market Forecast in 2033 | USD 2,130.18 Million |
Market Growth Rate (2025-2033) | 21.80% |
Increasing Vegan Population
The trend of veganism is increasing in Brazil, and approximately 10 million Brazilians identify themselves as vegan and 40 million vegetarians as of 2023, according to a market report published in January of 2024. Additionally, there are well over 240 vegan and veggie restaurants nationwide, with causes such as Brazil's Meatless Monday movement well-backed by State governments and animal rights organizations. These numbers are indicative of Brazil's consistently growing vegan community, which is otherwise renowned for consuming large amounts of meat such as beef. Rising health awareness, coupled with increasing cardiovascular disease-related deaths, is driving demand for healthier food options like plant-based meat. This trend is shaping the Brazil plant-based meat market outlook, with growing consumer preference for nutritious, sustainable alternatives and expanding investment in plant-based protein innovation.
Growing Sustainability Concerns
Growing concerns about environmental issues such as deforestation, greenhouse gas (GHG) emissions, and resource depletion linked to animal agriculture is driving consumers to seek more sustainable food options. For example, in July 2024, deforestation in the Brazilian Amazon grew, the first month-over-month increase since March 2023, with 666 square kilometers of forest cleared. In spite of the recent development, deforestation remains 46% below last year on a rolling 12-month basis, although severe drought and fires have exacerbated conditions. Domestic beef production in may fall by 25% by 2050 as governments and the private sector look to accelerate climate change and forest preservation measures, says a new report from Orbitas, a project of Climate Advisers. Brazil has the second-largest cattle population in the world at approximately 232 million and supplies approximately 20% of the world's beef exports, as reported by the Food and Agriculture Organization (FAO). The sector has expanded hugely over the past few decades but usually at the cost of significant biomes such as the Amazon Rainforest and Cerrado. With such alarming statistics, there is a change in the behavior of consumers that shows increasing demand for food systems that promote sustainability at the expense of systems that degrade critical ecosystems. Plant-based meat is considered to be a greener alternative, as it suits the values of plant-based consumers, and this is a key factor propelling the Brazil plant-based meat market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product type, source, meat type, and distribution channel.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes burger patties, sausages, nuggets and strips, ground meat, meatballs, and others.
Source Insights:
A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes soy, wheat, peas, and others.
Meat Type Insights:
A detailed breakup and analysis of the market based on the meat type have also been provided in the report. This includes chicken, beef, pork, and others.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes restaurant and catering industry, supermarkets and hypermarkets, convenience and specialty stores, and online retail.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Burger Patties, Sausages, Nuggets and Strips, Ground Meat, Meatballs, Others |
Sources Covered | Soy, Wheat, Peas, Others |
Meat Types Covered | Chicken, Beef, Pork, Others |
Distribution Channels Covered | Restaurant and Catering Industry, Supermarkets and Hypermarkets, Convenience and Specialty Stores, Online Retail |
Regions Covered | Southeast, South, Northeast, North, Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: