Meat Substitutes Market Trends, Drivers, Growth Opportunities, Challenges, and Investment Opportunities
Request for a free sample copy of this report: https://www.imarcgroup.com/meat-substitutes-market/requestsample
Global Meat Substitutes Market Trends:
The global market is primarily driven by the growing awareness among masses regarding the benefits of meat substitutes. The increasing prevalence of lifestyle diseases has led the majority of the population to make a shift from fat-rich meat products to vegan and vegetarian alternatives, which offer numerous health benefits while providing the body with essential nutrients. Moreover, the emerging trend of veganism on the global level, especially in developed countries, along with shifting dietary preferences and inflating disposable income levels, is providing a thrust to the market growth. Numerous awareness campaigns organized by animal welfare organizations regarding the adverse effects of high levels of meat consumption are further creating a positive outlook for the market. Various nutritionists and climate activists are also promoting the adoption of a meat-free diet to avoid the strain caused on the environment by the rising meat consumption. Furthermore, enhanced focus toward sustainable development among the masses has contributed to the uptake of meat substitutes. Numerous fast food giants, such as McDonald's and Burger King, have launched plant-based burgers in the market to promote the adoption of a sustainable diet, which is bolstering the market growth. Some of the other factors contributing to the market growth include the advent of certified organic meat substitutes and the expansion of organized as well as the online retail sector. On account of the aforementioned factors, the market is expected to reach a value of US$ 7.6 Billion, growing at a CAGR of 7.7% during 2020-2025.
Explore Report Description: https://www.imarcgroup.com/meat-substitutes-market
On the basis of the type, the market has been divided into tofu and tofu ingredients, tempeh, textured vegetable protein (TVP), seitan, Quorn and others.
Based on the source, soy holds the dominant share in the market. Other major segments include wheat and microprotein.
On the basis of the category, the market has been classified into frozen, refrigerated and shelf-stable products, wherein frozen meat substitutes represent the most preferred segment.
Based on the distribution channel, the market has been segregated into supermarkets and hypermarkets, health food stores, convenience stores and others.
On the geographical front, Europe holds the leading position in the market. Other major regions include Asia Pacific, North America, Latin America, and Middle East and Africa.
The competitive landscape of the market has been examined with the detailed profiles of the key players operating in the market. Some of these players include Nisshin OilliO Group, Ltd., DuPont de Nemours, Inc., Archer Daniels Midland Company, Amy's Kitchen, Inc., Conagra Brands, Inc., Quorn Foods (Marlow Foods Limited), Cauldron Foods, Campbell Soup Company, VBites Foods Limited, Blue Chip Group, Inc., Field Roast, Conagra Brands, Inc., Lightlife Foods, Inc., Nestlé SA, MGP, Tofurky Company, Inc, Meatless Farm Ltd. and Sonic Biochem Limited.
Browse Related Report
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.
Contact US: IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Follow us on twitter: @imarcglobal
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.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Meat Substitutes Market Trends, Drivers, Growth Opportunities, Challenges, and Investment Opportunities here
News-ID: 2162746 • Views: 537
More Releases from IMARC Group
Global Commercial Printing Market Report 2020-2025 | Industry Trends, Size, Mark …
As per the latest report by IMARC Group, titled “Commercial Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global commercial printing market reached a value of US$ 731.6 Billion in 2019. Commercial printing is the process that is used to transfer the artwork onto a piece of paper or card. It generally includes bulk printing, along with layout designing, binding, composition and press productions. Commercial
Global Pharmaceutical Labeling Market Research Report, Market Share, Size, Trend …
According to the latest report by IMARC Group titled, “Pharmaceutical Labeling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market reached a value of US$ 4.94 Billion in 2019. Request for a sample copy of this report: https://www.imarcgroup.com/pharmaceutical-labeling-market/requestsample A pharmaceutical label is a piece of paper or plastic, which offers information such as dosage, ingredients, indications, effects, dosages, routes, methods, manufacturing date and duration of administration, warnings, hazards,
Global Printed Batteries Market 2020-2025: Industry Analysis, Top Companies, New …
According to the latest report by IMARC Group, titled, “Printed Batteries Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the global printed batteries market to continue its strong growth during the next five years. Printed batteries are one of the critical parts of printed electronics. Various functional materials are formulated into inks and deployed to the flexible substrates using mass printing technologies to produce printed batteries. Some of
Global Industrial IoT Market 2020-2025: Industry Analysis, Top Companies, New Te …
According to the latest report by IMARC Group, titled “Industrial IoT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global industrial IoT market reached a value of US$ 126 Billion in 2019. Looking forward, IMARC Group expects the global industrial IoT market to continue its strong growth during the next five years. Industrial Internet of Things (IIoT) is a network of interconnected sensors and devices, which
More Releases for Meat
Meat Snacks Market
2019-2025 Meat Snacks Market Report with Depth Analysis Global Meat Snacks Market report covers the current scenario (with the base year being 2018) and the growth prospects of the global market for 2019-2025. The report presents a comprehensive overview, market size, shares, and growth opportunities of Meat Snacks market by product type, application, key manufacturers and key regions. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/296717 Scope of the Report: Furthermore, Meat Snacks Market report discusses the key drivers influencing market growth, opportunities, the
Meat Processing Equipment Market- Staggering demand for meat products 2025
Global Meat Processing Equipment Market: Snapshot Changing food preferences, lifestyles, tastes, and habits of the global population have bolstered the growth of the market for meat processing equipment. Developing economies such as China and India have been exhibiting enormous demand for meat over the last few decades. Industrialization, growing urbanization, Western influence on the food habits of Eastern consumers, and the growing disposable incomes of people have offset the growth of
Processed Poultry Meat Market, Future Analysis By Type(Chicken Meat, Turkey Meat …
The production and consumption of meat has considerably increased worldwide over the years. Poultry meat has a higher demand among consumers, as it is less expensive compared to other meat products. Processed poultry meat is derived from the processing and treatment of raw poultry meat to prolong its shelf life and to enhance its taste. These processes includes use of chemical preservatives such as sodium nitrite. Processed poultry has gained
US Meat Market 2017-2025
IndexBox has just published a new report "U.S. Meat Processed From Carcasses Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-meat-processed-from-carcasses-market-analysis-and-forecast-to-2020/ ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering • Already work
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
Meat in Brazil 2017
ReportsWorldwide has announced the addition of a new report title Meat in Brazil 2017 to its growing collection of premium market research reports. Meat in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for