openPR Logo
Press release

Meat Substitutes Market Assessment and Forecast Report by Future Market Insights

07-25-2017 03:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Meat Substitutes Market Assessment and Forecast Report

Owing to the health benefits associated with meat substitutes, consumer inclination towards these products is increasing across the globe. The consumption of meat substitutes is beneficial for health due the high protein content it. Increasing health awareness among consumers coupled with changing the preferences towards vegetarian diet are expected to fuel the growth of the meat substitutes market during the forecasted period. Soy is the key raw material used for meat substitutes and is expected to contribute maximum revenue in the coming four to five years. Various companies are investing heavily in R&D activities to launch superior products and also expanding their product portfolio in order to cater to the evolving demand for meat substitutes especially from emerging countries. Companies operating in meat substitutes market are primarily involved in partnerships and collaborations in order to strengthen their product portfolio.

Meat Substitutes Market Segmentation

Apart from regions, the global meat substitutes market segmentation is done on the basis of product type and raw material. Based on the product type segmentation includes tempeh, textured vegetable protein, tofu, tofu based products, quorn, other soy products, seitan, and others. Of which, textured vegetable protein is expected to be the dominating segment in terms of revenue share over forecasted period, followed by other meat substitutes. This is attributed to increasing demand for soy-based meat substitutes among the consumers. Among all the meat substitutes segment seitan is expected to witness highest growth over the forecasted period. On the basis of raw material used meat substitutes market is segmented into, wheat based, mycoprotein, soy based and others. Among all the types of raw material used for meat substitute’s soy is the leading segment, followed by wheat based over the forecasted period. Wheat based meat substitutes market is expanding especially in Asia Pacific due to the rising consumption of wheat gluten by consumers in Asia Pacific. Global meat substitutes market is segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-899

Meat Substitutes Market: Region-wise Outlook

The Global meat substitutes market is expected to witness robust growth over the forecasted period due to the rising health awareness coupled with increasing outbreak of animal diseases. Globally, among all regions, Europe is expected to contribute highest market share, followed by North America during the forecasted period. Increasing health concern of consumers in developed region such as Europe and North America is expected to fuel the growth of the meat substitute market. However Asia Pacific is anticipated to witness significant growth owing to the rising disposable income of consumers in region such as India and China.

Meat Substitutes Market: Drivers

Major factors that fuel the growth of meat substitutes market includes increasing health awareness among consumers coupled with rising preference for vegetarian diet . Other factors that are driving the growth of meat substitutes market are outbreak of various animal diseases and changing lifestyle induced diseases namely diabetes and obesity among consumers. Various factors that hinder the growth of meat substitutes market includes high price associated with meat substitute products and also availability of low quality meat substitute products. However, various government initiatives for increasing health awareness among consumers is expected to have positive impact on the growth of meat substitutes market in next five to six years.

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-899

Meat Substitutes Market: Key Players

Major companies operating in meat substitutes market are Meatless B.V., AMY's Kitchen, Inc., Cauldron Foods ,Beyond Meat, Vbites Foods Ltd ,gardein, Quorn Foods Inc. ,Blue Chip Group Pty Ltd. Prominent players operating in meat substitues market are mainly adopting strategy to develop new and superior products to cater to the evolving and unmet need of consumers.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Assessment and Forecast Report by Future Market Insights here

News-ID: 639606 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Meat

Binders and Scaffolders for Meat & Meat Substitutes Market by Type, Application, …
"Binders function by absorbing water, which improves product yield and thus lowers protein costs." Meat binders are naturally occurring compounds present in a variety of vegetables, fruits, cereal flours, etc. in abundance, and act through their solubility, viscosity, gel-forming ability, water-binding capacity, oil adsorption capacity, fermentability, and mineral and organic molecule binding capacity, which affect the product quality and characteristics. Besides these, high-fiber intake tends to reduce the risk of colon
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
TREND OF ‘CLEAN MEAT’ TO SPUR GROWTH OF MEAT ALTERNATIVES MARKET
The global meat alternatives market is anticipated to see robust growth in the coming years, according to a report by Transparency Market Research (TMR). The market’s vendor landscape features moderate rivalry among players. Established global vendors currently hold a greater market share, and the rest is fragmented among regional and small players. A large variety in the product portfolio acts as a barrier against the entry of new players in
Meat paste Market Driven by Increasing Consumption of Meat Based Products
Meat paste is made by layering dried meat with fermented soybeans along with salted water. Meat paste possesses spicy, harmonious flavor in the combination of roasted and meat odor to provide rich mouth feeling. Meat paste is produced by forcing pork, beef, turkey, chicken etc. in pureed or ground form under high pressure to separate the bone from edible meat tissue. Meat paste is also known as mechanically separated meat,
GCC Processed Meat Market: Increasing Meat Consumption to Create Lucrative Oppor …
The processed meat market in the GCC is primarily driven by the busy lifestyles of consumer in the region over the years. This has caused people to opt for ready-to-consume food items or those that can be served in a short span of time. Aggressive marketing strategies by manufacturers and increased investments in advertising are also responsible for the growing demand for processed meat in the GCC. Other factors driving the
Duck Meat Market Report 2018: Segmentation by Product (fresh duck meat, processe …
Global Duck Meat market research report provides company profile for COOPERATIVE FOIE GRAS DE CHALOSSE, Courtin Hervouet, Delpeyrat, Famille Dumecq – Canard des Landes, Ferme Uhartia, Jean LARNAUDIE, Lu Canard, Luv-a-Duck, TCH Group and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and