Meat Substitute Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2016 – 2025

Global Meat Substitute Market size is projected to be valued $7.3 Billion by 2025; with a CAGR of 7.0% from 2017 to 2025. Meat substitutes are products healthful as competed to meat and are consumed by vegan consumers or individual who avoid animal products. It looks like actual meat in terms of flavor, appearance and taste and is the highest quality protein source due to its nutritional characteristics. Some of the meat substitute widely used is tofu, tempeh, seitan, gluten-free, textured vegetable protein, vegan meat, jackfruit, mushrooms, lentils, beans and legumes, among others.

The primary factors driving the growth of the global meat substitute market include growing health concerns about meat consumption coupled with many animal disease outbreaks in the recent past, health advantages of meat substitute, increasing consciousness about the benefits of a vegan diet such as lower heart problems, reduced obesity & diabetes, improved cardiovascular health, and lower cholesterol risk. Though, variety of low-cholesterol meat products accessible in the market with lean meats may restraint the market growth. Yet, high growth potential in the Asia Pacific market would generate profitable opportunities for the global meat substitute market.

The global meat substitute market is classified on the basis of product type, category and geography. By product type, the market is segmented into tofu based, tempeh based, TVP based, seitan based, quorn based, and other product types. Category segment is bifurcated into frozen, refrigerated, and shelf-stable.

Based on geography, global meat substitute market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Germany, Spain, France, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, and Rest of Asia-Pacific. while RoW is bifurcated into South America, Middle East, and Africa.

Key players profiled in the report include Beyond Meat, Marlow Foods Ltd, Boulder Brands USA Inc., Meatless BV, Quorn, Kellogg NA Co., MGP Ingredients, Inc., Sonic Biochem Extractions Ltd., Amy's Kitchen, Inc., and VBites Foods Limited, among others.

The report covers

  • The detailed analysis of Meat Substitute Market with respect to key segments such as product type, and category has been included in the report
  • The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
  • Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
  • An exhaustive regional and country wise analysis of Meat Substitute Market has been covered in the report
  • Profile of the major key players operating in the Meat Substitute Market will be provided, with detailed study on their key financials, product & services, new developments and business strategies

Scope of the Global Meat Substitute Market

Product Type Segments

  • Tofu Based
  • Tempeh Based
  • TVP Based
  • Seitan Based
  • Quorn Based
  • Other Product Types

Category Segments

  • Frozen
  • Refrigerated
  • Shelf-Stable

Geography Segments

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Asia-Pacific
    • China
    • Japan
    • India
    • Others
  • RoW
    • South America
    • Middle East
    • Africa

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