Press release
Meat Substitute Market Size, Share, Growth And Industry Report 2033
Meat Substitute Market Size
As per the report, the meat substitutes market size has grown rapidly in recent years. It will grow from $6.46 billion in 2023 to $7.22 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The meat substitutes market size is expected to see rapid growth in the next few years. It will grow to $11.32 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16728&type=smp
Surging Vegan Population Drives Demand For Innovative Meat Alternatives
The increasing vegan population is expected to propel the growth of the meat substitute market going forward. The vegan population exclusively consumes plant-based foods, avoiding all animal products, including meat, dairy, eggs, and honey, driven by ethical, environmental, and health considerations. The rising awareness about the health risks associated with consuming animal products, such as heart disease, high cholesterol, and certain cancers, is prompting people to adopt vegan diets. Meat substitutes are delicious, nutritious, and convenient alternatives to meat, making it easier for individuals to adopt and maintain a vegan lifestyle while promoting the environmental and ethical benefits of reducing animal product consumption. For instance, in December 2021, according to the Plant Based Foods Association, a US-based food association, plant-based food sales are rising, expanding 6.2% in 2021 over a record-breaking year of growth in 2020. Therefore, the increasing vegan population drives the meat substitute market.
Meat Substitute Companies Innovate With Mushroom-Infused Products
Major companies operating in the meat substitute market are focusing on innovative meat alternatives, such as shredded beef alternatives, as an option to reduce their meat consumption. Shredded beef alternatives are plant-based products designed to mimic shredded beef's texture, flavor, and versatility. For instance, in May 2024, The Mushroom Meat Company, a US-based company that provides, launched a new shredded beef alternative made from a blend of functional mushrooms and whole plants. The product promises to revolutionize the alternative protein market by delivering a meat-like experience rich in nutrients. It is made with mushrooms and seeds, without any seasonings, to add ones own choice of flavors and sauces to suit personal needs.
The meat substitute market covered in this report is segmented -
1) By Product : Tofu, Tempeh, Seitan, Quorn, Other Types
2) By Source: Plant-Based Protein, Mycoprotein, Soy-Based, Other Sources
3) By Form: Solid, Liquid
4) By Category: Refrigerated, Shelf Stable, Frozen
5) By Distribution Channel: Off-Trade, On-Trade
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16728&type=discount
Major companies operating in the meat substitute market are Cargill Incorporated, Nestle S.A., Archer-Daniels-Midland Company (ADM), Unilever PLC, Tyson Foods Inc., Kellogg Company, JBS S.A., DuPont de Nemours Inc., International Flavors & Fragrances Inc., Conagra Brands Inc., Kerry Group, Ingredion Incorporated, Roquette Freres, MorningStar Farms, Hain Celestial Group Inc., Amy's Kitchen, Vital Farms, Impossible Foods Inc., Quorn Foods, Tofurky, Beyond Meat Inc., Field Roast Grain Meat Co. Inc., The Vegetarian Butcher, Lightlife Foods, Gardein International Inc., Gardenburger , Evol Foods
Contents of the report:
1. Executive Summary
2. Meat Substitute Market Report Structure
3. Meat Substitute Market Trends And Strategies
4. Meat Substitute Market - Macro Economic Scenario
5. Meat Substitute Market Size And Growth
…..
27. Meat Substitute Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/meat-substitute-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Substitute Market Size, Share, Growth And Industry Report 2033 here
News-ID: 3633958 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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…
