Press release
Meat Substitutes Market to Reach USD 5.44 Billion by 2030, Growing at 13.5% CAGR
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:The global meat substitutes market is witnessing robust growth, fueled by increasing consumer awareness about sustainability, health consciousness, and the demand for plant-based diets. Valued at USD 2.24 Billion in 2023, the market is projected to grow at a CAGR of 13.5% from 2024 to 2030, reaching USD 5.44 Billion by the forecast period's end.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/27256/
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam's meat substitutes market is expanding due to rising awareness of plant-based nutrition and sustainable diets. Local brands like ๐๐๐๐๐๐ are partnering with international players to introduce innovative meat substitute products tailored to Vietnamese tastes, enhancing their market presence.
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand's meat substitutes market is growing rapidly, driven by the increasing adoption of alternative proteins in the food and hospitality sectors. Companies like ๐๐ ๐ ๐จ๐จ๐๐ฌ have collaborated with global brands to bring diverse plant-based meat products to the Thai market, catering to both domestic and international consumers.
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan's focus on high-quality and innovative meat substitute products is shaping the market. Companies such as ๐๐ญ๐ฌ๐ฎ๐ค๐ ๐ ๐จ๐จ๐๐ฌ and ๐๐ฎ๐ง๐ญ๐จ๐ซ๐ฒ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ are leading the charge by investing in advanced production technologies to create premium meat substitute options that align with the country's health-conscious culture.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/27256/
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea's meat substitutes market is thriving, with significant investments in food technology. Companies like ๐๐ฎ๐ฅ๐ฆ๐ฎ๐จ๐ง๐ and ๐๐ ๐๐ก๐๐ข๐ฅ๐๐๐๐๐ง๐ are consolidating their positions by acquiring startups and expanding their portfolios with innovative plant-based products. The rising preference for meat substitutes among younger demographics is driving this growth.
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore's position as a food innovation hub has propelled the growth of its meat substitutes market. Companies like ๐๐ซ๐จ๐ฐ๐ญ๐ก๐ฐ๐๐ฅ๐ฅ ๐ ๐จ๐จ๐๐ฌ are leveraging cutting-edge technology to produce sustainable and delicious plant-based alternatives. Government-backed initiatives are further supporting the development of this sector.
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The United States dominates the global meat substitutes market, driven by strong demand in retail and foodservice channels. Companies like ๐๐๐ฒ๐จ๐ง๐ ๐๐๐๐ญ and ๐๐ฆ๐ฉ๐จ๐ฌ๐ฌ๐ข๐๐ฅ๐ ๐ ๐จ๐จ๐๐ฌ are introducing innovative and versatile products that cater to diverse consumer preferences.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/27256/
๐๐๐๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe remains a significant market for meat substitutes, with countries like Germany and the Netherlands leading the way. Companies such as ๐๐ง๐ข๐ฅ๐๐ฏ๐๐ซ and ๐๐๐ฌ๐ญ๐ฅรฉ are investing in organic and sustainable meat substitutes to meet the growing demand for eco-friendly products. EU policies promoting plant-based diets are also driving market developments.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
Isolates
Concentrates
Textured
The most protein and its purest form can be found in the Isolates section. Due to the protein content, meat substitutes can be found in pure or isolated forms, which are widely accepted and favored by producers of protein-based foods and beverages. Rice, canola, peas, and soy can all be used to make protein isolates. Foods high in protein and meat alternatives have become more and more popular recently because of their positive effects on the environment and human health. A good source of protein, protein isolates are becoming more and more necessary as a result. The most popular kind of isolate protein is soy protein isolate (SPI). It has 93-97% protein and is separated from soybean beans.
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Soy protein
Wheat protein
Pea protein
Other sources
One of the cereal grains that is most commonly consumed worldwide is wheat. Because low-fat diets are becoming more and more popular, producers of high-protein and low-fat foods prefer wheat protein because it is low in fat. Additionally, it serves as a binder in vegetarian burgers, meatloaf, and meatballs. Wheat proteins are inexpensive and can be used in a range of foods, such as sausages, burger patties, and nuggets. They can be flavored with paprika, fennel, ginger, garlic, and soy sauce. Around the world, a number of plant-based protein companies are actively producing a variety of plant proteins for use in food and drink.
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Tofu
Tempeh
Seitan
Quorn
Other types (risofu, valess, and lupine)
Another name for the tofu component is bean curd or soybean curd. Made from cooked soybeans, curdled soy milk is an iron-rich beverage. Tofu has been a mainstay of Asian cuisines for many years. Iron, potassium, protein, calcium, and vitamin 12 are all important components of a vegan diet, and tofu offers a significant amount of these nutrients. Tofu is utilized in a wide range of Chinese dishes and recipes, from broths to stir-fried foods. Because of its ability to be altered into any texture and shape, it now accounts for a sizable portion of all vegan food produced.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-meat-substitutes-market/27256/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐:
1. DuPont (US)
2. ADM (US)
3. Kerry Group (Ireland)
4. Ingredion Incorporated (US)
5. PURIS (US)
6. Cargill (US)
7. Axiom Foods (US)
8. A&B Ingredients (Canada)
9. Batory Foods (US)
10. The Green Labs LLC (US)
๐๐ฎ๐ซ๐จ๐ฉ๐:
1. Roquette Frรจres (France).
2. Crespel&Deiters (Germany)
3. Sotexpro S.A (France)
4. All Organic Treasures GMBH (Germany)
5. Beneo (Germany)
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐:
1. Wilmar International Limited (Singapore)
2. Sonic Biochem Ltd (India)
3. The Nisshin OilliO Group, Ltd (Japan)
4. Shandong Jianyuan Group (China)
5. ET Chem (China)
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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