Meat Substitutes Market - Scope, Size, Share and Market Forecast to 20

Category: Others/ Misc

Presentation Description

The demand for meat substitutes is high in developed markets, such as the US and Europe, due to the health benefits offered by sources of meat substitutes, such as soy and the rising health awareness among people.


Presentation Transcript

MarketsandMarkets Presents:

MarketsandMarkets Presents Meat Substitutes Market : Key Growth Areas & Revenue Impact Strategies


Introduction The meat substitutes market is estimated at USD 4.63 billion in 2018 and is projected to reach a value of USD 6.43 billion by 2023, at a CAGR of 6.8%. The market is segmented on the basis of type, source, category, and region. The types of meat substitutes include tofu & tofu ingredients, tempeh, TVP, seitan, Quorn, others soy products that include miso, yaso , and nattō , and other meat substitutes, which include risofu , valess , lupine, rice protein, and pea protein. The market has been segmented on the basis of category into frozen, refrigerated, and shelf-stable. The market has also been segmented on the basis of source into soy, wheat, mycoprotein , and others, which include rice, pea, pulses, and milk. On the basis of key regions, the meat substitutes market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World ( RoW ). Speak to Analyst : The Asia Pacific region is projected to be the fastest-growing market for meat substitutes from 2017 to 2023. Key markets in the Asia Pacific region include China, India, Japan, and Australia. The major driving factors for meat substitutes market in this region is its vast areas of agriculture and the production of soy and wheat, as they are the primarily used as raw materials for producing meat substitutes such as tofu and seitan, respectively.

Key Players:

Key Players  ADM (US ) DowDuPont (US ) The Nisshin OilliO Group (Japan ) Sonic Biochem Limited (India ) MGP Ingredients (US )  Garden Protein International (Canada ) Beyond Meat (US ) Amy's Kitchen (US ) Quorn Foods (UK ) MorningStar Farms (US ) Meatless (Netherlands)

Scope Of The Report :

Scope Of The Report On the basis of category, the meat substitutes market has been segmented as follows : Frozen Refrigerated Shelf-stable On the basis of type, the meat substitutes market has been segmented as follows : Tofu & tofu ingredients Tempeh Textured vegetable protein Other soy products (miso, yaso , and nattō ) Seitan Quorn Other meat substitutes ( risofu , valess , lupine, and pea protein)


On the basis of source, the meat substitutes market has been segmented as follows: Soy Wheat Mycoprotein Others (rice, peas, pulses, and milk ) On the basis of region, the meat substitutes market has been segmented as follows: North America Europe Asia Pacific RoW (Brazil, Argentina, and South Africa)

Research Coverage: :

Research Coverage: The report segments the meat substitutes market on the basis of source, type, category, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the meat substitutes market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

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