openPR Logo
Press release

Meat Substitutes Market (China, Europe): Size, Share, PDF Report and Future Opportunity

03-09-2021 02:04 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Imarc Group

Meat Substitutes Market

Meat Substitutes Market

According to the latest report by IMARC Group, titled "Meat Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global meat substitutes market size reached US$ 4.9 Billion in 2019. Meat substitutes are meat alternatives that are manufactured using grain and plant-based sources to replicate the taste, texture and appearance of meat products. Also known as mock meat, they are vegan or vegetarian products that are widely replacing pork, beef, chicken, fish and other kinds of seafood in various dishes. Often made from soybean, peas and tofu, they are rich in proteins, calcium and fiber, which has led to their widespread preference among individuals who prefer to avoid the consumption of meat due to personal beliefs and preferences. Apart from this, these products are lower in fat and calories as compared to meat products. Consequently, their consumption is widely associated with reducing cholesterol levels, regulating blood sugar levels and improving digestion.

Get a 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.

Market Breakup:

• 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.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/meat-substitutes-market

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.

We are updating our reports, If you want to need latest primary and secondary data (2021-2026) 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.

Other Reports by IMARC Group:

North America Multi Cooker Market Future Forecast Reports

North America Rainwater Harvesting Market Future Forecast Reports

Latin America Mobile Payment Market Future Forecast Reports

North America Flexible Packaging Market Future Forecast Reports

India Mobile Payment Market Future Forecast Reports

Endocrine Testing Market Future Forecast Reports

Electrophysiology Devices Market Future Forecast Reports

Adhesives and Sealants Market Future Forecast Reports

Voice and Speech Recognition Market Future Forecast Reports

Electric Power Transmission and Distribution Equipment Market

Contact US:
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
USA: +1-631-791-1145

About Us
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:

Copy
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 (China, Europe): Size, Share, PDF Report and Future Opportunity here

News-ID: 2253895 • Views:

More Releases from Imarc Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for Meat

Increasing Meat Consumption Fuels Growth Of The Cultivated Meat Market: Strategi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. How Large Will the Cultivated Meat Market Size By 2025? The market size for cultivated meat has seen a speedy expansion in the last few years. Its size is projected to rise from $9.31 billion in 2024 to $10.99 billion in 2025, marking a compound annual growth rate (CAGR)
Emerging Trends Influencing The Growth Of The Binders and Scaffolders for Meat A …
The Binders and Scaffolders for Meat And Meat Substitutes Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. How Big Is the Binders and Scaffolders for Meat And Meat Substitutes Market Size Expected to Be by 2034? There has been robust growth in the market size of
Top Factor Driving Cultivated Meat Market Growth in 2025: Increasing Meat Consum …
How Are the key drivers contributing to the expansion of the cultivated meat market? The surge in meat product consumption is predicted to be a significant catalyst for the expansion of the cultivated meat market. Created either wholly or in part from animal carcass meat or other components, meat products are recognized as food for human consumption. Cultivated meat offers a sustainable way to boost meat consumption by increasing food availability
Vegan Meat Market is Going to Boom | Beyond Meat, Unilever, Kelloggs
Market Research Forecast published a new research publication on "Vegan Meat Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Vegan Meat market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in
Malaysia Meat Market Size Is Booming Worldwide | Darabif Meat Company, Meat Fact …
Malaysia meat market is growing at a high CAGR because of the increasing per capita income of the consumers. Moreover, the growing consumption of red meat in Malaysia is driving the growth of the market A recent study conducted by the strategic consulting and market research firm Report Ocean revealed that the Malaysia meat market was worth USD 2.14 billion in 2020. According to the study, the market is estimated to
Global Meat Slicers Market, Global Meat Slicers Industry, Covid-19 Impact Global …
Meat slicers can be utilized for more than just meat. With meat slicer can generate perfectly uniform onion slicer, pepper rings and several others. Anything you can cut with a mandoline, you can cut with a meat slicer. It functions high for anything you want to cut ultra-thin-much better than a knife. A meat slicer, also called a slicing machine, deli slicer or simply a slicer, is a tool utilized