Top Trends in Meat Substitutes Market with Analysis and Forecast. Key players that are profiled in Meat Substitutes Market report include ADM (US), DuPont (US), The Nisshin OilliO Group (Japan), Sonic Biochem Limited (India), MGP Ingredients (US), Garden Protein International (Canada), Beyond Meat (US), Amy's Kitchen (US), Quorn Foods (UK), MorningStar Farms (US), Meatless (Netherlands), and VBites (UK).
Download Brochure of Meat Substitutes Market spread across 137 Pages, Profiling 12 Companies and Supported with 77 Tables and 35 Figures is now available at www.rnrmarketresearch.com/contacts…mple?rname=183396 .
The meat substitutes market is estimated at USD 4.63 billion in 2018 and is projected to reach USD 6.3 billion by 2023. It is projected to grow at a CAGR of 6.8% during the study period.
The market is primarily driven by factors such as changing trends toward healthy diets, which has led to an increased demand for clean-label products, such as plant-sourced proteins that include tofu and seitan.
Scope of the Report
On the basis of Category,
On the basis of Type,
- Tofu & tofu ingredients
- Textured vegetable protein
- Other soy products (miso, yaso, and nattô)
- Other meat substitutes (risofu, valess, lupine, and pea protein)
Meat substitutes market report includes estimations of market size in terms of value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate size of global meat substitutes market and to estimate size of various other dependent submarkets in overall market.
Key players in the market have been identified through secondary research, some of sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals.
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The source of the meat substitute market, wheat-based meat substitutes are projected to form the fastest-growing segment. Wheat proteins are highly cost-effective and find applications in food products such as burgers patties, nuggets, and vegetarian sausages; these innovational applications make wheat the most highly adopted source of wheat substitutes over the projection period, among others.
1 Attractive Market Opportunities in the Meat Substitutes Market
2 Meat Substitutes Market, By Type
3 Meat Substitutes Market, By Source
4 Asia Pacific Meat Substitutes Market, By Application & Country
5 Meat Substitutes Market Share, By Category
6 Developed vs Emerging Markets for Meat Substitutes, By Country
Report segments meat substitutes market on the basis of source, type, category, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss basic views on emerging & high-growth segments of meat substitutes market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Click now for more Details, Quiries and Other Information on this study “Meat Substitutes Market by Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein (TVP), Seitan, and Quorn), Source (Soy, Wheat, and Mycoprotein), Category (Frozen, Refrigerated, and Shelf-Stable), and Region - Global Forecast to 2023” report @ www.rnrmarketresearch.com/contacts…ount?rname=183396 .
In Meat Substitutes Market Asia Pacific is projected to be the fastest-growing market between 2018 and 2023. Industrial growth and improvements in the food industry have opened new opportunities for the meat substitutes market in this region.
Also, non-meat-based meals are already popular in Asia, with tofu used extensively in Asian cuisine and bean-based congees widely consumed in countries such as China. This makes the Asia Pacific region the fastest-growing potential market for meat substitutes.
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