Press release
Meat Substitutes Market 2018-2025 Top Key Players like: Morningstar Farms LLC, Archer Daniels Midland Company, Quorn Foods, EI Du Pont De Nemours, Amy's Kitchen, Beyond Meat, Garden Protein International Inc., The Nisshin Ollio Group Ltd., MGP Ingredients
Worldwide Market Reports has announced the addition of the “Meat Substitutes Market” Report Provided Full Details of Executive summary Scope of the report Research Methodology Introduction 2018 Market landscape Market segmentation by type Segmentation by application Latest Geographical segmentation DecisionThe global Meat Substitutes market was valued at USD 4.05 billion in 2016 and is projected to reach USD 7.02 billion by 2025, growing at a CAGR of 6.3% from 2017 to 2025.
Meat Substitutes have been witnessing rising sales owing to growing concerns regarding the quality of meat. The adoption of vegan diets by large populations in North America and Europe is driving the demand for this product category. The retail penetration in developing countries is expected to play a major role in driving future consumption.
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The major players in the market are as follows:
Morningstar Farms LLC, Archer Daniels Midland Company, Quorn Foods, EI Du Pont De Nemours, Amy's Kitchen, Beyond Meat, Garden Protein International Inc., The Nisshin Ollio Group Ltd., MGP Ingredients, Sonic Biochem Extractions Ltd.
Market Dynamics:
1. Market Drivers
1.1 Rising health awareness and consumer knowledge about meat adulteration
1.2 Penetration of modernized retail chain increases adoption levels in emerging markets
2. Market Restraints
2.1 Ill effects of meat substitutes
2.2 Perception of taste
Market Segmentation:
The global Meat Substitutes market is segmented on the product, source, category, and region.
1. By Product:
1.1 Tofu and Tofu Ingredients
1.2 Quorn
1.3 Seitan
1.4 Other Soy Products
1.5 Textured Vegetable Protein
1.6 Others
2. By Source:
2.1 Wheat Based Meat Substitutes
2.2 Soy Based Wheat Substitutes
2.3 Mycoprotein Meat Substitutes
2.4 Others
3. By Category:
3.1 Frozen Meat Substitutes
3.2 Refrigerated Meat Substitutes
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Meat Substitutes market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
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About WMR :
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
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