Patent Portfolio of Top Companies in the Meat Substitute Sector

In an era defined by conscious consumption and sustainability, we are witnessing a gastronomical shift towards plant-based diets that mimic traditional meat-based dishes. From savory burgers to flavorful sausages, meat analogues, popularly known as meat substitutes or mock meats, have carved out their space in the mainstream food industry, both in terms of taste and market presence.

The global meat analogue market, valued at $5,477.7 million in 2020, is not just burgeoning but is projected to experience a double-fold growth, estimated to reach $11,230.1 million by the year 2030. This exponential growth, with a Compound Annual Growth Rate (CAGR) of 7.6% from 2021 to 2030, signifies the changing global food landscape and consumer preferences.

To better comprehend the major drivers and innovators in this rapidly growing industry, we conducted a study using PatSeer. Our research incorporated the use of the Quality vs. Quantity — Top Assignees chart, a tool that provides a comprehensive evaluation of the patent portfolio of leading companies. This chart is designed to capture a 360° score, which represents an average of citation, legal, market quality, and document scores, offering a holistic view of the market players.

This study helps us understand the competitive landscape of the meat analogue market and the key players propelling its growth. It offers a valuable perspective to innovators, investors, and consumers alike about the industry’s future trajectory.

Interested in a deeper understanding of this transformative market trend? Access our full blog post here for exclusive insights: Patent Portfolio Analysis of key Players in Meat Analogues