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Meat Substitutes Market by Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein, Seitan, Quorn), Source (Soy-based, Wheat-based, Mycoprotein), Category (Frozen, Refrigerated), and Region - Global Forecast to 2022

Meat Substitutes Market by Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein, Seitan, Quorn), Source (Soy-based, Wheat-based, Mycoprotein), Category (Frozen, Refrigerated), and Region - Global Forecast to 2022

“The meat substitutes market is projected to grow at a CAGR of 6.6%”
The meat substitutes market is projected to reach USD 5.96 billion by 2022, at a CAGR of 6.6% from 2016. The market is driven by factors such as increasing health awareness, increasing instances of meat adulteration, and the rising number of vegetarians and flexitarians worldwide. Nevertheless, the increase in demand for these products from emerging markets such as the Asia-Pacific and Latin American regions drives the meat substitutes market. The high prices of meat substitutes (which is almost equal to the animal meat prices) is one of the major restraining factors for the market. Less awareness of tofu and tofu ingredients across the developing countries of Asia-Pacific including South and South East Asian countries and GMO meat substitute products are the major challenges for the global meat substitutes market.

“The quorn segment is projected to grow at the highest CAGR”
The quorn segment is projected to grow at the highest CAGR in the global meat substitutes market, based on type, owing to its functionality; for instance, it contains all the essential amino acids that humans need without cholesterol. Its high protein content & dietary fiber and low saturated fat content are also factors driving the increase in demand for quorn foods. Quorn is made by processing and texturizing mycoprotein, which is derived from the Fusarium venenatum fungus and is grown by fermentation. Currently, quorn is a major meat substitute product used widely in steaks, burgers, and ready-to-eat meals in the U.S., the U.K., Ireland, and Germany.

“Asia-Pacific to grow at the highest CAGR during the forecast period”
The Asia-Pacific meat substitutes market is projected to be the fastest growing among all regions. The increase in consumer demand for vegetable food with high nutrient content is driving the growth of this market. China dominated the Asia-Pacific market due to the increase in health awareness and growth in consumer demand for tofu and tofu ingredients and textured vegetable protein (TVP). Furthermore, the increase in urban income has led to the growth in demand for domestic meat substitutes. Currently, Australia & New Zealand accounts for a significant market share in the Asia-Pacific meat substitutes market owing to the significant demand for quorn and tofu & tofu ingredients.

The breakdown of primaries on the basis of company type, designation, and region, conducted during the research study is mentioned as follows:
By Company Type: Tier 1 – 60%, Tier 2 – 25%, and Tier 3 – 15%
By Designation: Director Level – 35%, C Level – 40%, and Others – 25%
By Region: North America – 20%, Europe – 30%, Asia-Pacific – 40%, and RoW – 10%

The key players in the meat substitutes market are Archer Daniels Midland Company (ADM) (U.S.), E. I. du Pont de Nemours and Company (U.S.), Garden Protein International Inc. (Canada), Amy’s Kitchen Inc. (U.S.), Morningstar Farms LLC. (U.S.), and Quorn Foods, Inc. These companies started new manufacturing facilities & invested in the expansion of its production capacities and acquired other companies to strengthen their presence in the meat substitutes market.

Research Coverage
The study projects the size of the market and its submarkets, in terms of value and volume, with respect to four regions (along with their respective key countries): North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The meat substitutes market, based on source, has been segmented into soy-based meat substitutes, wheat-based meat substitutes, mycoprotein meat substitutes, and others. Soy-based meat substitutes accounted for the largest market share in the global meat substitutes market in 2015. Based on type, it has been segmented into tofu & tofu ingredients, tempeh, textured vegetable protein (TVP), other soy products, seitan, quorn, and delta tocopherols. Based on category, the market has been segmented into frozen meat substitutes, refrigerated meat substitutes, and others.

Following are the reasons to buy this report:
To get a comprehensive overview of the global meat substitutes market
To gather information about the top players in this industry, their product portfolios, and key strategies adopted
To gain insights into the main countries/regions in which the meat substitutes market has growth prospects


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED IN THE REPORT
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE MEAT SUBSTITUTES MARKET
    • MEAT SUBSTITUTES MARKET, BY TYPE
    • MEAT SUBSTITUTES MARKET, BY CATEGORY
    • EUROPEAN MEAT SUBSTITUTES MARKET, BY COUNTRY AND BY SOURCE
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • TYPE
      • SOURCE
      • CATEGORY
      • REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table POPULATION OF MEAT-REDUCERS, 2002-2012 (MILLION)
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • BURNING ISSUES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • SUPPLY CHAIN ANALYSIS
      • PROMINENT COMPANIES
      • SMALL & MEDIUM ENTERPRISES
      • END USERS (MANUFACTURERS/CONSUMERS)
      • KEY INFLUENCERS
    • REGULATORY ENVIRONMENT
    • EXPORT-IMPORT DATA FOR SOYBEAN (RAW MATERIAL FOR MEAT SUBSTITUTES)
      • Table SOYBEAN EXPORT-IMPORT DATA
    • STRATEGIC BENCHMARKING
      • NEW PRODUCT LAUNCHES & EXPANSIONS
      • EXPANDING BUSINESS THROUGH ACQUISITIONS, COLLABORATIONS, PARTNERSHIPS, AND INVESTMENTS
  • MEAT SUBSTITUTES MARKET, BY FUNCTION
    • INTRODUCTION
      • Table MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION)
    • TOFU & TOFU INGREDIENTS
      • Table TOFU & TOFU INGREDIENTS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • TEMPEH
      • Table TEMPEH MARKET SIZE, BY REGION, BY REGION, 2014-2022 (USD MILLION)
    • TEXTURED VEGETABLE PROTEIN (TVP)
      • Table TEXTURED VEGETABLE PROTEIN MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • OTHER SOY PRODUCTS
      • Table OTHER SOY PRODUCTS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • SEITAN
      • Table SEITAN MARKET SIZE, BY REGION, BY REGION, 2014-2022 (USD MILLION)
    • QUORN
      • Table QUORN MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • OTHER TYPES OF MEAT SUBSTITUTES
      • Table OTHERS TYPES OF MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
  • MEAT SUBSTITUTES MARKET, BY SOURCE
    • INTRODUCTION
      • Table MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
    • SOY-BASED MEAT SUBSTITUTES
      • Table SOY-BASED MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • WHEAT-BASED MEAT SUBSTITUTES
      • Table WHEAT-BASED MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • MYCOPROTEIN MEAT SUBSTITUTES
      • Table MYCOPROTEIN MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • OTHER SOURCES OF MEAT SUBSTITUTES
      • Table OTHER MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
  • MEAT SUBSTITUTES MARKET, BY CATEGORY
    • INTRODUCTION
      • Table MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
    • FROZEN MEAT SUBSTITUTES
      • Table FROZEN MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • REFRIGERATED MEAT SUBSTITUTES
      • Table REFRIGERATED MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
  • MEAT SUBSTITUTES MARKET, BY REGION
    • INTRODUCTION
      • Table MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • U.S.
        • Table U.S.: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table U.S.: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • CANADA
        • Table CANADA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table CANADA: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table MEXICO: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION)
      • Table EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
      • Table EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table GERMANY: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • U.K.
        • Table U.K.: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table U.K.: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • SPAIN
        • Table SPAIN: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table SPAIN: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table FRANCE: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • ITALY
        • Table ITALY: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table ITALY: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • NETHERLANDS
        • Table NETHERLANDS: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table NETHERLANDS: MEAT SUBSTITUTES MARKET CATEGORY, 2014-2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table REST OF EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table ASIA-PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION)
      • Table ASIA-PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
      • Table ASIA-PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • CHINA
        • Table CHINA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table CHINA: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • INDIA
        • Table INDIA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table INDIA: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table JAPAN: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • AUSTRALIA & NEW ZEALAND
        • Table AUSTRALIA & NEW ZEALAND: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table AUSTRALIA & NEW ZEALAND: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table ROW: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table ROW: MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2014-2022 (USD MILLION)
      • Table ROW: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
      • Table ROW: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table BRAZIL: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table ARGENTINA: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table SOUTH AFRICA: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
      • OTHERS IN ROW
        • Table OTHERS IN ROW: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2014-2022 (USD MILLION)
        • Table OTHERS IN ROW: MEAT SUBSTITUTES MARKET SIZE, BY CATEGORY, 2014-2022 (USD MILLION)
  • BRAND OVERVIEW
    • INTRODUCTION
    • THE BEYOND BURGER BY BEYOND MEAT, INC.
    • MEATLESS MEATBALLS BY GARDEN PROTEIN INTERNATIONAL INC.
    • HICKORY BBQ RIBLETS BY MORNINGSTAR FARMS LLC
    • TVP MINCED 60 UNCOLORED BY ADM
    • ALPHA SOY PROTEIN BY E.I. DU PONT DE NEMOURS & CO.
    • JEM NUTRIMAX BY SONIC BIOCHEM EXTRACTIONS LTD.
    • TRUTEX 1500 SERIES BY MGP INGREDIENTS, INC.
    • VEGGIE SAUSAGES BY AMY'S KITCHEN, INC.
    • MEATLESS CHICKEN NUGGETS BY QUORN FOODS, INC.
    • MAPLE FLAVORED SAUSAGE PATTIES BY MORNINGSTAR FARMS LLC
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANK ANALYSIS
      • Table GLOBAL MEAT SUBSTITUTES MARKET: COMPANY RANKINGS
    • COMPETITIVE SITUATION & TRENDS
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES, 2011-2016
    • EXPANSIONS & INVESTMENTS
      • Table EXPANSIONS & INVESTMENTS, 2011-2016
    • MERGERS & ACQUISITIONS
      • Table ACQUISITIONS, 2011-2016
    • JOINT VENTURES, PARTNERSHIPS & AGREEMENTS
      • Table JOINT VENTURES & AGREEMENTS, 2011-2016
  • COMPANY PROFILES
    • ARCHER DANIELS MIDLAND COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • E.I. DU PONT DE NEMOURS & COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEWS
    • THE NISSHIN OLLIO GROUP LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEWS
    • SONIC BIOCHEM EXTRACTIONS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEWS
    • MGP INGREDIENTS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEWS
    • GARDEN PROTEIN INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEWS
    • BEYOND MEAT, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • AMY'S KITCHEN INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • QUORN FOODS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MORNINGSTAR FARMS LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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