Meat Substitute Market – Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025
Meat substitutes are products that resemble actual meat in terms of taste, flavor, and appearance but are healthier than meat. These products are being primarily consumed by individuals who avoid products with cholesterol and fat. Such products are increasingly being used as substitutes for regular meat and meat products. The global Meat Substitute market is expected to grow at a CAGR of 8.4% from 2017 to 2025.
The global meat substitute market is segmented by type, source, and category. By type the market is divided into tofu-based, tempeh-based, textured vegetable protein-based, quorn-based, seitan-based, and others. Soy, wheat, mycoprotein, and others are the further segmentations of source. Frozen, refrigerated, and shelf-stable are the various classifications of the category segment. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Market Dynamics:
Drivers:
- Increase in obese population
- Wide availability of substitutes
- Rapid growth in the food service industry
Market Players:
The top players in the global meat substitute market include Amys Kitchen (U.S.), Beyond Meat (U.S.), Cauldron Foods (UK), Garden Protein International, Inc. (Canada), Meatless B.V. (The Netherlands), Quorn Foods (UK), Vbites Food, Ltd. (UK), Morningstar Farms (U.S.), MGP Ingredients (U.S.), and Sonic Biochem Extractions Limited (India)
KEY TAKEAWAYS
MARKET LANDSCAPE
By Product Type
- Tofu-Based
- Tempeh-Based
- Textured Vegetable Protein-Based
- Quorn-Based
- Seitan-Based
- Others
- Source
- Soy
- Wheat
- Mycoprotein
- Others (Milk, Rice, and Others)
- Category
- Frozen
- Refrigerated
- Shelf-Stable
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
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Table of Content
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend Analysis
1.3. Competitive Landscape and Recent Industry Development Analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Meat Substitute Market Shares Analysis, 2014-2025
Continued…
List of Tables
42 Tables
List of Figures
51 Figures
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