Global Meat Substitute Market is estimated to grow at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. The factors that propel the growth of the Meat Substitute Market include public consciousness concerning the surge in fatness levels, as a result of high meat consumption. On the other hand, there are factors that may hamper the growth of the market including environmental and social concerns related to high consumption of meat, such as carbon footprint and religious restrictions of the meat industry, and option for substitute products.
Meat Substitute Market may be explored by type, source, application, and geography. Meat Substitute Market may be explored by type as Tempeh, Seitan, Tofu & Tofu Ingredients, Textured Vegetable Protein (TVP), and Quorn. The “Tofu and Tofu Ingredients” segment led the Meat Substitute Market in 2017 and is anticipated to maintain its dominance by 2022 owing to high protein content and availability.
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The Meat Substitute Market could be explored based on source as Wheat, Soy, and Mycoprotein. The “Soy-Based Meat Substitutes” segment led the Meat Substitute Market in 2017 and is anticipated to maintain its dominance by 2022 due to Consumers’ inclination toward soy-based meat products as soy products have high protein content. Hence, the demand for soy has increased in the meat substitute industry.
Meat Substitute Market may be analyzed by category as Refrigerated, Shelf-Stable, and Frozen. The “Frozen meat” segment led the Meat Substitute Market in 2017 and is anticipated to maintain its dominance by 2022 owing to fluctuations in buying patterns, with customers moving from small grocery shops to supermarkets and hyper, particularly in developing counties such as China, India, and Brazil.
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Meat Substitute Market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. Europe accounted for the major share of the Meat Substitute Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising occurrences of conditions and diseases such as high-blood pressure, constipation, and diabetes.
The key players contributing in the robust growth of the Meat Substitute Market comprise Beyond Meat; Amy’s Kitchen, Inc.; MGP Ingredients, Inc., Vbites Foods Ltd.; MorningStar Farms; Blue Chip Group; and Cauldron Foods. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Table of Contents
Part I Meat Substitute Industry Overview
Chapter One Meat Substitute Industry Overview
1.1 Meat Substitute Definition
1.2 Meat Substitute Classification Analysis
1.2.1 Meat Substitute Main Classification Analysis
1.2.2 Meat Substitute Main Classification Share Analysis
1.3 Meat Substitute Application Analysis
1.3.1 Meat Substitute Main Application Analysis
1.3.2 Meat Substitute Main Application Share Analysis
1.4 Meat Substitute Industry Chain Structure Analysis
1.5 Meat Substitute Industry Development Overview
1.5.1 Meat Substitute Product History Development Overview
1.5.1 Meat Substitute Product Market Development Overview
1.6 Meat Substitute Global Market Comparison Analysis
1.6.1 Meat Substitute Global Import Market Analysis
1.6.2 Meat Substitute Global Export Market Analysis
1.6.3 Meat Substitute Global Main Region Market Analysis
1.6.4 Meat Substitute Global Market Comparison Analysis
1.6.5 Meat Substitute Global Market Development Trend Analysis
Chapter Two Meat Substitute Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis
2.1.1 Upstream Raw Materials Price Analysis
2.1.2 Upstream Raw Materials Market Analysis
2.1.3 Upstream Raw Materials Market Trend
2.2 Down Stream Market Analysis
2.1.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analysis
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