Market Research Logo

Meat Substitutes Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)

Meat Substitutes Market: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)

Various diseases associated with meat have impacted the preferences of population towards consuming meat products. On the contrary, the demand for meat substitutes is increasing at a steady pace since past few years. Meat substitutes offer various health benefits and fill the diet gaps by providing essential elements that nourish human body.

Intake of meat substitutes is largely observed among athletes and young generation as these products contain high amount of protein and calcium. Moreover, according to research, a large percentage of population across the globe is preferring vegan food that has spurred the demand for meat substitutes. To cater to this increasing demand, manufacturers are focusing on investing in research and development to expand their product portfolio by launching different types of meat substitutes with the possible permutations and combinations.According to the report of Future Market Insights, the global meat substitutes market is projected to expand at a CAGR of 5.8% during the period of forecast, 2017-2026.

Key market players are focusing on entering new markets by means of collaborations and partnerships with a view to reinforce their product lines. Few of the key players profiled in this research study include Beyond Meat, Amys Kitchen Inc.,Cauldron Foods,Meatless B.V., Garden Protein International, Inc.,and Quorn Foods.

Textured Vegetable Proteins to Witness High Demand in the Coming Years

Textured vegetable proteins (TVP) gained popularity since past years owing to the nutritious value they provide. They are a rich protein source with less fat content, which in turn has triggered their consumption in many low fat vegetarian dishes. Demand for TVP is expected to grow at a noteworthy pace in the upcoming years. Its demand is also influenced by a large percentage of population that prefers low carbohydrate meal in their daily diet. Awareness regarding healthy food consumption is expected to support demand for textured vegetable proteins across regions. In terms of revenues, the textured vegetable proteins segment is expected to lead the global market for meat substitutes during the analysis period. Tofu is another preferred substitute for meat, especially in the Asian countries.

Frozen Meat Substitutes Gaining High Steam

The concept of frozen food is growing healthily, with awareness regarding various advantages of frozen food triggering their consumption on a large scale. In addition, nutritional value provided by frozen food is relatively higher than fresh food, as freezing of food items prevents the loss of essential proteins and vitamins during their transport or storage. Frozen meat substitutes, a popular category of frozen food, are cost effective and convenient. Frozen meat substitutes are expected to witness a sale of over US$ 3 Bn by the end of the period of assessment with a high demand in the coming years.

Sale of Meat Substitutes to Increase with Increasing Food Chain Services and Online Stores

Manufacturers of meat substitutes are continuously striving to enhance their presence across the globe. Food chain services have a proven record of higher sales of meat substitutes across various countries and are a highly lucrative distribution channel. Manufacturers can consider food chain services as their best bet with a view to increase sales of their products and also enhance their distribution network. In addition, with the emergence of E-commerce, online stores are gaining high traction with respect to any food produce. Online store is another potential selling platform for meat substitutes and is projected to gain high steam in the years to follow.

Soy Proteins to be the Most Preferred Meat Substitute Source

Meat substitutes are high in proteins, typically soy proteins. Products such as tofu, textured vegetable proteins and tempeh are rich in soya content. Soy proteins is a highly preferred protein source owing to advantages such as fat loss, carb regulation and healthy diet. The soy segment is poised to generate sales of over US$ 4 Bn by 2026 end owing to increased consumption by athletes. Also, the global market for meat substitutes is also influenced by the increasing demand for mycoproteins are they are fee of cholesterol and help in maintaining normal cholesterol levels. They are a rich lean protein source and highly preferred among the younger generation.

Higher Sale of Meat Substitutes to be Observed in European Countries in the Coming Period

Europe has been a benchmark of protein consuming population as compared to other regions in the globe. Majority of the population in Europe has been consuming high protein diet since past several years. The meat substitute consumption in this region is increasing and is expected to touch a higher sales figure of around US$ 2800 Mn by the end of the assessment period.


1. Global Economic Outlook
2. Global Meat Substitute Market - Executive Summary
3. Global Meat Substitute Market Overview
3.1. Introduction
3.1.1. Global Meat Substitute Market Taxonomy
3.1.2. Global Meat Substitute Market Definition
3.2. Global Meat Substitute Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Meat Substitute Market Y-o-Y Growth
3.3. Global Meat Substitute Market Dynamics
3.4. Global Increasing Vegan Population
3.5. Supply Chain
3.6. Cost Structure
3.7. Pricing Analysis
3.8. Investment Feasibility Matrix
3.9. Forecast Scenario
3.10. Forecast Factors and Impact Analysis
3.11. Wheel of Fortune
3.12. Competition Structure Dashboard
3.13. PESTLE Analysis
3.14. Porter’s Five Forces Analysis
3.15. Region Wise Market Positioning and Behavior Assessment
3.16. Competitor Market Footprint Matrix
3.17. List of Key participants
3.18. Key Participants Market Presence (Intensity Map) By Region
4. Global Meat Substitute Market Analysis and Forecast 2012-2026
4.1. Global Meat Substitute Market Size and Forecast By Product Type, 2012-2026
4.1.1. Tofu Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Tempeh Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Textured Vegetable Protein Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Seitan Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Quorn Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.1.6. Other Product Types Market Size and Forecast, 2012-2026
4.1.6.1. Revenue (US$ Mn) Comparison, By Region
4.1.6.2. Market Share Comparison, By Region
4.1.6.3. Y-o-Y growth Comparison, By Region
4.2. Global Meat Substitute Market Size and Forecast By Category, 2012-2026
4.2.1. Frozen Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Refrigerated Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Shelf-stable Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.3. Global Meat Substitute Market Size and Forecast By Source, 2012-2026
4.3.1. Soy Market Size and Forecast, 2012-2026
4.3.1.1. Revenue (US$ Mn) Comparison, By Region
4.3.1.2. Market Share Comparison, By Region
4.3.1.3. Y-o-Y growth Comparison, By Region
4.3.2. Wheat Market Size and Forecast, 2012-2026
4.3.2.1. Revenue (US$ Mn) Comparison, By Region
4.3.2.2. Market Share Comparison, By Region
4.3.2.3. Y-o-Y growth Comparison, By Region
4.3.3. Mycoprotein Market Size and Forecast, 2012-2026
4.3.3.1. Revenue (US$ Mn) Comparison, By Region
4.3.3.2. Market Share Comparison, By Region
4.3.3.3. Y-o-Y growth Comparison, By Region
4.3.4. Other Sources Market Size and Forecast, 2012-2026
4.3.4.1. Revenue (US$ Mn) Comparison, By Region
4.3.4.2. Market Share Comparison, By Region
4.3.4.3. Y-o-Y growth Comparison, By Region
4.4. Global Meat Substitute Market Size and Forecast By Distribution Channel, 2012-2026
4.4.1. Food Chain Services Market Size and Forecast, 2012-2026
4.4.1.1. Revenue (US$ Mn) Comparison, By Region
4.4.1.2. Market Share Comparison, By Region
4.4.1.3. Y-o-Y growth Comparison, By Region
4.4.2. Modern Trade Market Size and Forecast, 2012-2026
4.4.2.1. Revenue (US$ Mn) Comparison, By Region
4.4.2.2. Market Share Comparison, By Region
4.4.2.3. Y-o-Y growth Comparison, By Region
4.4.3. Departmental Stores Market Size and Forecast, 2012-2026
4.4.3.1. Revenue (US$ Mn) Comparison, By Region
4.4.3.2. Market Share Comparison, By Region
4.4.3.3. Y-o-Y growth Comparison, By Region
4.4.4. Online Stores Market Size and Forecast, 2012-2026
4.4.4.1. Revenue (US$ Mn) Comparison, By Region
4.4.4.2. Market Share Comparison, By Region
4.4.4.3. Y-o-Y growth Comparison, By Region
4.4.5. Other End Users Market Size and Forecast, 2012-2026
4.4.5.1. Revenue (US$ Mn) Comparison, By Region
4.4.5.2. Market Share Comparison, By Region
4.4.5.3. Y-o-Y growth Comparison, By Region
5. North America Meat Substitute Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) Comparison, By Product Type
5.6. Revenue (US$ Mn) Comparison, By Category
5.7. Revenue (US$ Mn) Comparison, By Source
5.8. Revenue (US$ Mn) Comparison, By Distribution Channel
6. Latin America Meat Substitute Market Size and Forecast, 2012-2026
6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook
6.4. Revenue (US$ Mn) Comparison, By Country
6.4.1. Brazil Market Size and Forecast (US$ Mn), 2012-2026
6.4.2. Mexico Market Size and Forecast (US$ Mn), 2012-2026
6.4.3. Argentina Market Size and Forecast (US$ Mn), 2012-2026
6.4.4. Rest of Latin America Market Size and Forecast (US$ Mn), 2012-2026
6.5. Revenue (US$ Mn) Comparison, By Product Type
6.6. Revenue (US$ Mn) Comparison, By Category
6.7. Revenue (US$ Mn) Comparison, By Source
6.8. Revenue (US$ Mn) Comparison, By Distribution Channel
7. Europe Meat Substitute Market Size and Forecast, 2012-2026
7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook
7.4. Revenue (US$ Mn) Comparison, By Country
7.4.1. Germany Market Size and Forecast (US$ Mn), 2012-2026
7.4.2. UK Market Size and Forecast (US$ Mn), 2012-2026
7.4.3. France Market Size and Forecast (US$ Mn), 2012-2026
7.4.4. Spain Market Size and Forecast (US$ Mn), 2012-2026
7.4.5. Italy Market Size and Forecast (US$ Mn), 2012-2026
7.4.6. Rest of Europe Market Size and Forecast (US$ Mn), 2012-2026
7.5. Revenue (US$ Mn) Comparison, By Product Type
7.6. Revenue (US$ Mn) Comparison, By Category
7.7. Revenue (US$ Mn) Comparison, By Source
7.8. Revenue (US$ Mn) Comparison, By Distribution Channel
8. Japan Meat Substitute Market Size and Forecast, 2012-2026
8.1. Japan Outlook
8.2. Japan Parent Market Outlook
8.3. Japan Target Market Outlook
8.4. Japan Market Size and Forecast (US$ Mn), 2012-2026
8.5. Revenue (US$ Mn) Comparison, By Product Type
8.6. Revenue (US$ Mn) Comparison, By Category
8.7. Revenue (US$ Mn) Comparison, By Source
8.8. Revenue (US$ Mn) Comparison, By Distribution Channel
9. APEJ Meat Substitute Market Size and Forecast, 2012-2026
9.1. APEJ Outlook
9.2. APEJ Parent Market Outlook
9.3. APEJ Target Market Outlook
9.4. Revenue (US$ Mn) Comparison, By Country
9.4.1. China Market Size and Forecast (US$ Mn), 2012-2026
9.4.2. India Market Size and Forecast (US$ Mn), 2012-2026
9.4.3. ASEAN Market Size and Forecast (US$ Mn), 2012-2026
9.4.4. Australia & New Zealand Market Size and Forecast (US$ Mn), 2012-2026
9.4.5. Rest of APEJ Market Size and Forecast (US$ Mn), 2012-2026
9.5. Revenue (US$ Mn) Comparison, By Product Type
9.6. Revenue (US$ Mn) Comparison, By Category
9.7. Revenue (US$ Mn) Comparison, By Source
9.8. Revenue (US$ Mn) Comparison, By Distribution Channel
10. MEA Meat Substitute Market Size and Forecast, 2012-2026
10.1. MEA Outlook
10.2. MEA Parent Market Outlook
10.3. MEA Target Market Outlook
10.4. Revenue (US$ Mn) Comparison, By Country
10.4.1. GCC Countries Market Size and Forecast (US$ Mn), 2012-2026
10.4.2. South Africa Market Size and Forecast (US$ Mn), 2012-2026
10.4.3. Israel Market Size and Forecast (US$ Mn), 2012-2026
10.4.4. Rest of MEA Market Size and Forecast (US$ Mn), 2012-2026
10.5. Revenue (US$ Mn) Comparison, By Product Type
10.6. Revenue (US$ Mn) Comparison, By Category
10.7. Revenue (US$ Mn) Comparison, By Source
10.8. Revenue (US$ Mn) Comparison, By Distribution Channel
11. Global Meat Substitute Market Company Share, Competition Landscape and Company Profiles
11.1. Global Meat Substitute Market Company Share Analysis
11.2. Global Meat Substitute Market Competition Landscape
11.3. Global Meat Substitute Market Company Profiles
11.3.1. Amy’s Kitchen Inc.
11.3.2. Beyond Meat
11.3.3. Cauldron Foods
11.3.4. Garden Protein International, Inc.
11.3.5. Meatless B.V.
11.3.6. Quorn Foods
11.3.7. Vbites Food, Ltd.
11.3.8. Morningstar Farms
11.3.9. MGP Ingredients Inc.
11.3.10. Sonic Biochem Extractions Limited
11.3.11. Other Key Players

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report