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Meat Substitutes Market was valued at USD 4.05 billion in 2016 and is projected to reach USD 7.02 billion by 2025

02-04-2019 02:34 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Verified Market Research

Meat Substitutes Market was valued at USD 4.05 billion in 2016

According to Verified Market Intelligence, the 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 substitute also known as meat analog is a healthy food alternative for meat that is similar in chemical and aesthetic qualities such as appearance, taste, flavor, and texture of meat. They also supply an essential amount of proteins, vitamins, and minerals that are required for a healthy diet. Some examples of meat substitutes are tofu, tempeh, seitan, jackfruit, mushrooms and many more.

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Rising health awareness and consumer knowledge about meat adulteration and Penetration of modernized retail chain increasing adoption levels in emerging markets have been driving the global meat substitutes market. While ill effects of meat substitutes and perception of taste might hinder the growth of the global meat substitutes market at a global level.

Competitive Landscape:

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.

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Verified Market Research’ has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our large database includes the latest Content from renowned authors and publications worldwide. We’ve recently developed a one of its own kind smart-system, which helps us determine the authenticity and reputation of the content and its author. This ‘smart-system’ ensures that we always include high – quality content in our database. We also provide customized Data and Reports according to the need of our client. We strive for excellence and perfection in all our work, and our in-house team is working 24/7 so that you get the Data, Reports, and Analytics you need to help make better decisions. We believe in Customer Satisfaction, and to achieve that we aim to understand the client’s need to provide ‘tailor-made’ services.

Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.

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