Meat substitute market report, By Type, By Source, By Category & by Geography - Global Market Share, Trend Analysis & Forecast Up To 2024

1
Worldwide Meat substitute market report, By Type,
By Source, By Category by Geography - Market
Share, Trend Analysis Forecast Up To 2024
Email sales_at_axiommrc.com
2
Description Demand for the Meat Substitutes is
rapidly growing. This is because of the various
diseases are associated with meat have impacted
the preferences of consumer towards the intake
of meat products. 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. Also, a large percentage of population
across the globe is preferring vegan food that
has spurred the demand for meat substitutes. To
fulfil the 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. The
market is expected to grow from 6 to
7. Download a FREE sample report here_at_
https//axiommrc.com/request-for-sample/?report16
68 The major factors that drive this
market Rising health concerns among meat
consumers, health benefits provided by meat
substitute products, and increasing adoption
level of meat substitutes by consumers, rising
urbanization in developing countries, rapid
adaptation of processed foods. Also, currently,
the global campaign of go vegetarian is the
most powerful influencer of the demand for such
products. Health benefits of this cholesterol-
free protein, with meat-like texture, is the main
factor promoting the growth of meat substitute
products. The Global Meat Substitute Market can
be segmented based on type, source, category and
region.
3
By type, This market is further sub-divided into
Tofu tofu ingredients, Tempeh, Textured
vegetable protein, Seitan and Quorn. The tofu
tofu ingredients segment recorded for the largest
share of the meat substitutes market in 2017 and
followed by it was textured vegetable protein
segment. Since, tempeh and tofu are derived from
soy they are rich in proteins and minerals and
thus are a popular meat alternative among
vegetarians. By source, The Global Meat
Substitute Market can be sub-segmented into Soy,
Wheat and Mycoprotein. Soy protein is a
cost-effective and a reliable substitute for
meat. It has the highest amount of protein as
compared to other meat substitutes. Thus,
soy-based meat substitute products accounted for
the largest market share, followed by
mycoprotein, in 2017. Soy burgers, soy turkey,
soy bacon, soy chicken, and soy hot dogs are a
few popular soy-based food products. Get More
Details About This Report _at_ Click Here Based on
category, The Global Meat Substitute Market is
segmented into Frozen, Refrigerated and
Shelf-stable. Frozen meat substitute
products accounted for the largest market share
in 2017. The rise in demand for convenience
foods, as a result of growing income levels of
consumers. This is one of the major factors
driving the market for frozen meat
substitutes. Based on geography,
4
The Global Meat Substitute Market is segmented
into Europe, APAC, North America, South America
and MEA. Europe was the largest market for meat
substitutes in 2017. The market is characterized
by the presence of large-scale meat substitute
manufacturers such as Quorn Foods (UK) and
Meatless (Netherlands). The increasing number of
new modified meat-free product launches by
manufacturers such low-fat and fortified snack
with meat substitutes act as catalysts for the
growth of meat substitutes market. Asia-Pacific
is the fastest-growing region due to the huge
support from the large population, rising
urbanization, increasing incomes and rapid
adaptation of processed foods in the
market. Get Discount on This Report
https//axiommrc.com/buy-now/? The leading
players of this industry Amys Kitchen, Beyond
Meat, Blue Chip Groups, Cauldron Foods, MGP
Ingrdients, Meatless BV, Morningstar Farms,
Nisshin Ollio Group, Quorn Foods, Sonic Biochem,
Vbites Foods, ADM, DuPont etc.
5
About Us Axiom Market Research Consulting
(also known as Axiom MRC), is a full-service
market research and data analytics firm, driven
by a simple aim of providing key market
intelligence to companies to assist them in
taking informed business decisions pertaining to
their marketing strategy, investments, new
product launches, market competition, consumer
or end users, social media trends etc. Contact
Us United States 616 Corporate Way, Suite 2-4268
Valley Cottage, NY 10989 Telephone 1 (845)
875-9786 Email sales_at_axiommrc.com