Meat Substitutes Market Size, Industry Share, Production Process, Demand and Forecast 2021-26

0

According to the latest report of the IMARC group, entitled “Meat Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which includes information on Meat substitutes market report. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market. The global market for meat substitutes reaches US$5.10 billion in 2020.

Meat substitutes, or meat analogues, are plant-based products designed to replace meat. Made from plant sources, they taste and texture similar to meat and other poultry products. Their consumption helps lower cholesterol levels, maintain sugar levels and prevent the risk of developing other lifestyle-related diseases. Currently, mycoproteins, tofu, tempeh, seitan and textured vegetable proteins are some of the most commonly consumed meat alternatives on the market.

Get a sample copy of this report: https://www.imarcgroup.com/meat-substitutes-market/requestsample

Like the novel coronavirus (COVID-19[feminine]) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the purchasing behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.

Global Meat Substitute Market Trends:

The global market is mainly driven by the growing health consciousness of consumers. With the widespread prevalence of chronic lifestyle disorders among the masses, individuals are avoiding excessive consumption of meat products. This, coupled with inflation in disposable income levels and the rising trend of veganism and vegetarianism, is driving the adoption of meat alternatives across the globe. Additionally, the growing awareness of the importance of animal welfare is also propelling the demand for meat substitutes globally. Other factors, including significant growth in the food sector, changing dietary preferences of the masses, and growing environmental concerns about increasing greenhouse gas emissions from animal production, have also given impetus to market growth. Going forward, the market value is expected to exceed US$7.8 billion by 2026, growing at a CAGR of 7.50% during the period 2021-2026.

View full report with table of contents and list of figures: https://www.imarcgroup.com/meat-substitutes-market

Competitive landscape with key players:

The report has also analyzed the competitive landscape of the market with some of the key players.

  • Nisshin Oillio Group
  • Dupont
  • Archer Daniels Midland
  • Amy’s kitchen
  • Conagra Brands
  • Quorn Foods
  • Cauldron Foods
  • Campbell Soup Company
  • VBites
  • Blue Chip Group
  • Country roast
  • Garden Protein International
  • LightLife
  • Sweet foods from the earth
  • PGM ingredients
  • Tofurki
  • Without meat
  • Sonic Biochem Limited

Meat Substitute Market Segmentation:

Our report has categorized the market based on region, type, source, category, and distribution channel.

Market Breakdown by Type:

  • Ingredients of tofu and tofu
  • Tempeh
  • Textured Vegetable Protein (TVP)
  • Seitan
  • Quorn
  • Others

Market breakdown by source:

  • Soy
  • Wheat
  • Mycoprotein
  • Others

Breakdown of the market by category:

  • Frozen
  • Refrigerated
  • Long shelf life

Market breakdown by distribution channel:

  • Supermarkets and Hypermarkets
  • Health and food stores
  • convenience stores
  • Others

Market Breakdown by Region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

We update our reports, if you want the latest primary and secondary data (2022-2027) with cost module, business strategy, competitive landscape, etc. Click request a free sample report, the report will be delivered to you in PDF format via email within 24-48 hours after payment confirmation.

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Contact us:
IMARC Group
30 N Gould St Ste R
Sheridan, Wyoming 82801 USA – Wyoming
E-mail: [email protected]
Such. :(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Share.

Comments are closed.