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Meat Substitutes Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key players 2025

08-20-2020 05:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Meat Substitutes Market Research Report, Market Share, Size,

The global meat substitutes market size was valued at US$ 4.9 Billion in 2019. Meat substitutes include vegetarian alternatives to poultry, fish, and meat products with similar taste, appearance, and texture. They are produced from plant-based sources and help in controlling blood cholesterol, pressure and sugar levels. Few common types of meat substitutes include soy, tofu, tempeh, textured vegetable protein (TVP), and seitan. They are generally processed with food additives, emulsifiers, coloring, and leavening agents for enhanced flavor, texture, and prolonged shelf-life.

Explore full report with table of contents: https://www.imarcgroup.com/meat-substitutes-market

Looking forward, IMARC Group expects the market to exhibit moderate growth during 2020-2025. The rising consumer health consciousness, along with the changing inclination towards a vegetarian diet, is primarily driving the market for meat substitutes. The global meat substitutes market is also gaining momentum due to the emerging trend of veganism, particularly among the millennial and urbanized population. The market is further propagated by the introduction of numerous campaigns promoting animal welfare to adopt plant-based foods over meat-derived food items. Moreover, the emergence of online retail platforms for uninterrupted distribution of meat substitute products is also bolstering the market growth.

Request for a free sample copy of this report: https://www.imarcgroup.com/meat-substitutes-market/requestsample

Report Coverage:

Historical, Current and Future Market Trends

Market Breakup by Type:

Tofu & Tofu Ingredients
Tempeh
Textured Vegetable Protein (TVP)
Seitan
Quorn
Others
Based on the type, the market has been segregated into tofu and tofu ingredients, tempeh, textured vegetable protein (TVP), seitan, Quorn and others.

Market Breakup by Source:

Soy
Wheat
Mycoprotein
Others
On the basis of the source, the report finds that soy represents the most popular source. Other major segments are wheat and microprotein.

Market Breakup by Category:

Frozen
Refrigerated
Shelf-Stable

Based on the category, the market has been segmented into frozen, refrigerated and shelf-stable products. At present, frozen meat substitutes are mostly preferred by consumers across the globe.

Market Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Health and Food Stores
Convenience Stores
Others

The market has been categorized on the basis of the distribution channel into supermarkets and hypermarkets, health and food stores, convenient stores and others.

Market Breakup by Region:

Asia Pacific
Europe
North America
Middle East and Africa
Latin America

On the geographical front, Europe exhibits a clear dominance in the world. Other major regions include Asia Pacific, North America, Latin America, and Middle East and Africa.

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being The Nisshin Oillio Group, Dupont, Archer Daniels Midland, Amy's Kitchen, Conagra Brands, Quorn Foods, Cauldron Foods, Campbell Soup Company, VBites, Blue Chip Group, Field Roast, Garden Protein International, LightLife, Sweet Earth Foods, MGP Ingredients, Tofurky, Meatless, Sonic Biochem Limited, etc.

Browse Related Report

https://www.imarcgroup.com/india-organic-milk-market

https://www.imarcgroup.com/north-america-multi-cooker-market

https://www.imarcgroup.com/frozen-pizza-market

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Contact US: IMARC Group
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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