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The meat substitutes market is forecasted to grow by USD 4.41 bn during 2023-2028, accelerating at a CAGR of 11.98% during the forecast period. The report on the meat substitutes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches in the meat substitute industry, the decline in global meat consumption, and an increased use of mycoprotein-based meat substitutes.
The meat substitutes market is segmented as below:
By Distribution Channel
- Retail
- Foodservice
By Product Type
- Soy-based
- Wheat-based
- Mycoprotein-based
- Others
By Geography
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the meat substitutes market covers the following areas:
- Meat substitutes market sizing
- Meat substitutes market forecast
- Meat substitutes market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global meat substitutes market: Archer Daniels Midland Co., Beyond Meat Inc., Blue Tribe, Conagra Brands Inc., Continental Coffee Pvt. Ltd., Delightful Gourmet Pvt. Ltd., Hormel Foods Corp., Impossible Foods Inc., International Flavors and Fragrances Inc., Kellogg Co., Kerry Group Plc, Lightlife Foods Inc., Maple Leaf Foods Inc., Monde Nissin Corp., Morinaga and Co. Ltd., Morinaga Milk Industry Co. Ltd., Nestle SA, New Wave Foods, Redefine Meat Ltd., Spencers Retail, Sunfed, Tata Consumer Products Ltd., The Jackfruit Co., The Kraft Heinz Co., Tyson Foods Inc., Unilever PLC, V2 Food Pty Ltd., and Wicked Kitchen Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is continuous r and d and product development in meat substitute products.'
According to the report, one of the major drivers for this market is the new product launches in meat substitute industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Archer Daniels Midland Co.
- Beyond Meat Inc.
- Blue Tribe
- Conagra Brands Inc.
- Continental Coffee Pvt. Ltd.
- Delightful Gourmet Pvt. Ltd.
- Hormel Foods Corp.
- Impossible Foods Inc.
- International Flavors and Fragrances Inc.
- Kellogg Co.
- Kerry Group Plc
- Lightlife Foods Inc.
- Maple Leaf Foods Inc.
- Monde Nissin Corp.
- Morinaga and Co. Ltd.
- Morinaga Milk Industry Co. Ltd.
- Nestle SA
- New Wave Foods
- Redefine Meat Ltd.
- Spencers Retail
- Sunfed
- Tata Consumer Products Ltd.
- The Jackfruit Co.
- The Kraft Heinz Co.
- Tyson Foods Inc.
- Unilever PLC
- V2 Food Pty Ltd.
- Wicked Kitchen Inc.