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Global Meat Substitute Market Forecast 2019-2027

Global Meat Substitute Market Forecast 2019-2027

KEY FINDINGS

The meat substitute is considered to be a healthy alternative to meat. They resemble characteristics as well as aesthetic qualities such as taste, flavor, appearance and the texture of meat.

The global meat substitutes market will escalate at an anticipated CAGR of 6.41% during the forecast period & will reach revenue of $7,372.9 million by 2027. The base year considered for the market study is 2018 & the forecasted period is between 2019 & 2027. The growing demand for plant-based protein is a major factor driving the growth of the global meat substitute market.

MARKET INSIGHTS

The growing demand for plant-based protein, rising health consciousness among consumers, and the rise in the obese population are primarily propelling the faux meat market in the last few years. The rise in health concerns on the intake of meat is driving the need for meat alternatives in the market. Increase in obesity and supportive government schemes is aiding the growth of meat substitutes globally.

However, the diverse availability of low-fat meat is challenging the growth of the market. Lean meats have gained prominence among consumers owing to the increase in health and fitness consciousness. Also, the high cost of meat substitutes is further restraining the growth of the market.

REGIONAL INSIGHTS

Geographically the meat substitutes market is segmented into Asia Pacific, Europe, North America and the Rest of World regional segment. Europe had been the largest market with a market share of XX% in terms of revenue in 2018. The presence of key players in the region is driving the demand for faux meat in the region. The demand for meat substitute is also driven by an increase in the consumption of convenient food, owing to the urbanized lifestyle and demand for snacks made from mock meats.

COMPETITIVE INSIGHTS

The Campbell Soup Company, Quorn Foods, Superbom, Meatless BV, Kellog Co., Beyond Meat, Amy’s Kitchen Inc., Cauldron Foods, Vegaboom Healthy Option, Vbites Food Ltd., Sonic Biochem Limited, Conagra Brands Inc., MGP Ingredients, The Torfurky Company, and Impossible Foods Inc. are the major companies operating in the market.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Asia Pacific Dominates The Overall Meat Substitute Market
3.2.2. Growing Demand For Wheat Based Foods
3.2.3. Rapid Growth In The Food Service Industry
4. Market Dynamics
4.1. Market Scope & Definition
4.2. Market Drivers
4.2.1. Growing Demand For Plant-based Proteins
4.2.2. Rising Health Consciousness Among Customers
4.2.3. Rise In Obese Population
4.3. Market Restraints
4.3.1. Diverse Availability Of Substitutes
4.4. Market Opportunities
4.4.1. Increase In Health Awareness And Vegetarianism
4.4.2. Rise In Penetration Of Modernized Retail Chain
4.5. Market Challenges
4.5.1. Relatively High Prices Of Meat Substitutes
4.5.2. Food Allergies Associated With Soy-based Food
5. Market By Product Type
5.1. Tofu Based
5.2. Tempeh Based
5.3. Tvp Based
5.4. Seitan Based
5.5. Quorn Based
5.6. Other Products
6. Market By Category
6.1. Frozen
6.2. Refrigerated
6.3. Shelf Stable
7. Market By Source
7.1. Soy-based
7.2. Wheat Based
7.3. Mycoprotein
7.4. Other Sources
8. Key Analytics
8.1. Porter’s Five Force Model
8.1.1. Threat Of New Entrants
8.1.2. Threat Of Substitute
8.1.3. Bargaining Power Of Suppliers
8.1.4. Bargaining Power Of Buyers
8.2. Opportunity Matrix
8.3. Vendor Landscape
9. Geographical Analysis
9.1. North America
9.1.1. United States
9.1.2. Canada
9.2. Europe
9.2.1. United Kingdom
9.2.2. Germany
9.2.3. France
9.2.4. Spain
9.2.5. Italy
9.2.6. Russia
9.2.7. Rest Of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. South Korea
9.3.5. Australia
9.3.6. Rest Of Asia Pacific
9.4. Rest Of World
9.4.1. Latin America
9.4.2. Middle East & Africa
10. Company Profiles
10.1. Amy’s Kitchen Inc.
10.2. Beyond Meat
10.3. Cauldron Foods
10.4. Quorn Foods
10.5. Kellog Co.
10.6. The Torfurky Company
10.7. Superbom
10.8. Meatless Bv
10.9. Vbites Food Ltd.
10.10. Mgp Ingredients
10.11. Impossible Foods Inc.
10.12. Conagra Brands Inc.
10.13. The Campbell Soup Company
10.14. Sonic Biochem Limited
10.15. Vegaboom Healthy Option
List Of Tables
Table 1. Global Meat Substitute Market, By Geography, 2019-2027 (In $ Million)
Table 2. Global Meat Substitute Market, By Product Type, 2019-2027 (In $ Million)
Table 3. Global Tofu Based Market, By Region, 2019-2027 (In $ Million)
Table 4. Global Tempeh Based Market, By Region, 2019-2027 (In $ Million)
Table 5. Global Tvp Based Market, By Region, 2019-2027 (In $ Million)
Table 6. Global Seitan Based Market, By Region, 2019-2027 (In $ Million)
Table 7. Global Quorn Based Market, By Region, 2019-2027 (In $ Million)
Table 8. Global Other Products Market, By Region, 2019-2027 (In $ Million)
Table 9. Global Meat Substitute Market, By Category, 2019-2027 (In $ Million)
Table 10. Global Frozen Market, By Region, 2019-2027 (In $ Million)
Table 11. Global Refrigerated Market, By Region, 2019-2027 (In $ Million)
Table 12. Global Shelf Stable Market, By Region, 2019-2027 (In $ Million)
Table 13. Global Meat Substitute Market, By Source, 2019-2027 (In $ Million)
Table 14. Global Soy-based Market, By Region, 2019-2027 (In $ Million)
Table 15. Global Wheat Based Market, By Region, 2019-2027 (In $ Million)
Table 16. Global Mycoprotein Market, By Region, 2019-2027 (In $ Million)
Table 17. Global Other Sources Market, By Region, 2019-2027 (In $ Million)
Table 18. Opportunity Matrix
Table 19. Vendor Landscape
Table 20. Global Meat Substitute Market, By Geography, 2019-2027 (In $ Million)
Table 21. North America Meat Substitute Market, By Country, 2019-2027 (In $ Million)
Table 22. Europe Meat Substitute Market, By Country, 2019-2027 (In $ Million)
Table 23. Asia Pacific Meat Substitute Market, By Country, 2019-2027 (In $ Million)
Table 24. Rest Of World Meat Substitute Market, By Region, 2019-2027 (In $ Million)
List Of Figures
Figure 1. Global Meat Substitute Market, By Product Type, 2018 & 2027 (In %)
Figure 2. Global Meat Substitute Market, By Tofu Based, 2019-2027 (In $ Million)
Figure 3. Global Meat Substitute Market, By Tempeh Based, 2019-2027 (In $ Million)
Figure 4. Global Meat Substitute Market, By Tvp Based, 2019-2027 (In $ Million)
Figure 5. Global Meat Substitute Market, By Seitan Based, 2019-2027 (In $ Million)
Figure 6. Global Meat Substitute Market, By Quorn Based, 2019-2027 (In $ Million)
Figure 7. Global Meat Substitute Market, By Other Products, 2019-2027 (In $ Million)
Figure 8. Global Meat Substitute Market, By Frozen, 2019-2027 (In $ Million)
Figure 9. Global Meat Substitute Market, By Refrigerated, 2019-2027 (In $ Million)
Figure 10. Global Meat Substitute Market, By Shelf-stable, 2019-2027 (In $ Million)
Figure 11. Global Meat Substitute Market, By Soy-based, 2019-2027 (In $ Million)
Figure 12. Global Meat Substitute Market, By Wheat Based, 2019-2027 (In $ Million)
Figure 13. Global Meat Substitute Market, By Mycoprotein, 2019-2027 (In $ Million)
Figure 14. Global Meat Substitute Market, By Other Sources, 2019-2027 (In $ Million)
Figure 15. Porter’s Five Force Analysis
Figure 16. Global Meat Substitute Market, Regional Outlook, 2018 & 2027 (In %)
Figure 17. United States Meat Substitute Market, 2019-2027 (In $ Million)
Figure 18. Canada Meat Substitute Market, 2019-2027 (In $ Million)
Figure 19. United Kingdom Meat Substitute Market, 2019-2027 (In $ Million)
Figure 20. Germany Meat Substitute Market, 2019-2027 (In $ Million)
Figure 21. France Meat Substitute Market, 2019-2027 (In $ Million)
Figure 22. Spain Meat Substitute Market, 2019-2027 (In $ Million)
Figure 23. Italy Meat Substitute Market, 2019-2027 (In $ Million)
Figure 24. Russia Meat Substitute Market, 2019-2027 (In $ Million)
Figure 25. Rest Of Europe Meat Substitute Market, 2019-2027 (In $ Million)
Figure 26. China Meat Substitute Market, 2019-2027 (In $ Million)
Figure 27. Japan Meat Substitute Market, 2019-2027 (In $ Million)
Figure 28. India Meat Substitute Market, 2019-2027 (In $ Million)
Figure 29. South Korea Meat Substitute Market, 2019-2027 (In $ Million)
Figure 30. Australia Meat Substitute Market, 2019-2027 (In $ Million)
Figure 31. Rest Of Asia Pacific Meat Substitute Market, 2019-2027 (In $ Million)
Figure 32. Latin America Meat Substitute Market, 2019-2027 (In $ Million)
Figure 33. Middle East & Africa Meat Substitute Market, 2019-2027 (In $ Million)

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