Press release
Meat Substitutes Market 2018: New Investments Expected to Rising Up Till 2025 By Dominated Players Amy's Kitchen, Archer Daniels Midland Company, Beyond Meat, Blue Chip Group, DuPont, MGP Ingredients, Beyond Meat And Others
Meat Substitutes Market
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The Global Meat Substitutes Market is expected to reach USD 7.36 billion by 2025, from USD 4.33 billion in 2017, growing at a CAGR of 6.85% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
Global Meat Substitutes Market, By Category (Frozen, Refrigerated, Shelf-Stable), By Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein , Other Soy Products, Seitan, Quorn & Other Meat Substitutes), By Source (Soy, Wheat, Mycoprotein & Others), By Geography (APAC, Europe, Middle East, Africa, North America & South America)– Industry Trends and Forecast to 2025
Competitive Analysis: Global Meat Substitutes Market
The global meat substitutes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of meat substitutes market for global, Europe, North America, Asia Pacific and South America.
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Top Competitors of Market
• Amy’s Kitchen,
• Archer Daniels Midland,
• Beyond Meat,
• Blue Chip Group,
• ADM,
• DuPont,
• The Nisshin Ollio Group,
• Sonic Biochem Limited,
• MGP Ingredients,
• Garden Protein International,
• Beyond Meat,
• Amy’s Kitchen,
• Quorn Foods,
• KELLOGG NA CO.,
• The Monday Campaigns
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Major Market Drivers & Market Restraint: Global Meat Substitutes Market
• Health benefits of meat substitutes
• Rising health concerns due to increasing obesity levels.
• Technological advancements to develop new product lines.
• Increased preference for vegetarian and vegan foods.
• Ill effects of consuming meat substitutes.
Market Segmentation: Global Meat Substitutes Market
The global meat substitutes market is segmented based on category, type, source.
Based on category, the global meat substitutes market is segmented into
• frozen,
• refrigerated and
• Shelf-stable.
On the basis of type, the global meat substitutes market is segmented into
• tofu & tofu ingredients,
• tempeh,
• textured vegetable protein,
• other soy products,
• seitan,
• quorn and other meat substitutes.
The other soy product is further sub segmented into
• miso,
• yaso, and nattô.
The other meat substitute is further sub segmented into
• risofu,
• valess,
• lupine and
• pea protein.
On the basis of source, the global meat substitutes market is segmented into
• soy,
• wheat,
• mycoprotein and other sources.
The other sources is further sub segmented into
• rice,
• peas,
• pulses,
• and milk
Based on geography, the global meat substitute’s market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Europe,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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