Global Meat Substitutes Market is expected to reach USD 6.82 Billion at a CAGR of over 6% during 2019-2024. The major factors such as consumers consciousness regarding the increase in obesity levels, rising health consciousness among consumers, rising number of vegetarians and increasing demand for soy-based meat substitutes.
Global Meat Substitutes Market is expected to reach USD 6.82 Billion at a CAGR of over 6% during 2019-2024. The major factors such as consumers consciousness regarding the increase in obesity levels, rising health consciousness among consumers, rising number of vegetarians and increasing demand for soy-based meat substitutes. Based on category, in 2018, the frozen meat substitutes segment accounted for the largest share due to changes in buying outlines, with consumers moving from small grocery shops to hyper and supermarkets in emerging economies. In 2017, Europe & CIS accounted for the largest share of the meat substitutes market due to increasing health-conscious customers and increasing occurrences of diseases such as high-blood pressure, diabetes and constipation. The major key players in the market are DuPont, ADM, Quorn Foods and many more.
Years considered for this report :
Historical Year : 2014-2017
Base Year : 2018
Estimated : 2019
Forecast : 2020-2024
Objective of the Study:
- To analyse and forecast the market size of Meat Substitutes, in terms of value and volume.
- To classify and forecast Global Meat Substitutes based on type, source, category and regional distribution.
- To identify drivers and challenges for Global Meat Substitutes.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Meat Substitutes.
- To conduct the pricing analysis for Meat Substitutes.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Meat Substitutes.
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Some of the leading players in the Global Meat Substitutes market are The Nisshin Ollio Group, MGP Ingredients, ADM, Meatless, VBites, Sonic Biochem Limited, MGP Ingredients, Beyond Meat, Amy’s Kitchen, Quorn Foods etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of global Meat Substitutes using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Table of Content :
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
4.1. Product Awareness
4.2. Product Pricing
4.3. Product Quality
4.4. Factor Influencing Purchase Decision
- Global Meat Substitutes Market Overview
- Global Meat Substitutes Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Soy Products, Quorn, Tempeh, Tofu, Seitan and Others)
6.2.2. By Source (Soy, Wheat, Mycoprotein and Others)
6.2.3. By Category (Frozen, Refrigerated and Shelf-Stable)
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index
- Asia-Pacific Meat Substitutes Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Category
7.2.3. By Source
7.2.4. By Country
7.3. Market Attractiveness Index
7.4. Asia-Pacific: Country Analysis
7.4.1. China Meat Substitutes Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Type
7.4.1.2.2. By Category
7.4.1.3. Market Attractiveness Index
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