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Rising Health Consciousness Among Consumers is Fueling the Meat Substitutes Market | DuPont, Kerry Group, PURIS

06-12-2023 01:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Rising Health Consciousness Among Consumers is Fueling the Meat

A meat substitute is a food product that tastes and looks like meat but is made from plant-based ingredients. The most common meat substitutes are made from soy, but there are also meat substitutes made from wheat, peas, and other plant-based ingredients.

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There are many reasons why people might choose to eat meat substitutes instead of meat. Some people do it for health reasons, as meat substitutes are usually lower in saturated fat and cholesterol than meat. Others do it for environmental reasons, as producing meat requires a lot of resources (such as water and land) and contributes to greenhouse gas emissions.

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Key Trends

There are three key trends in meat substitutes technology:

Increased focus on healthy and sustainable alternatives to meat

Increased interest in plant-based meat substitutes
Increased availability of meat substitutes

Key Drivers

The key drivers of the meat substitutes market are the rising health consciousness among consumers and the growing awareness of the environmental impact of meat production.

The growing popularity of plant-based diets is also driving the market for meat substitutes.

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Market Segments:

The Meat Substitutes Market is segmented by product, source, type, form and region. By product, the market is divided into tofu, tempeh, seitan, quorn and others. Based on source, it is segmented into soy protein, wheat protein, pea protein and others. On the basis of type, it is bifurcated into concentrates, isolates and textured. By form, it is segmented into solid and liquid. Region-wise the market is divided into North America, Europe, Asia Pacific and Rest of the World.

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Key Market Players:

The Meat Substitutes Market includes players such as ADM, Ingredion Incorporated, DuPont, Kerry Group, Roquette Frères, PURIS, Axiom Foods, Sonic Biochem Ltd, Wilmar International Limited and Cargill.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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