Meat Substitutes Market: Key Growth Areas & Revenue Impact Strategies

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MarketsandMarkets Presents

• Meat Substitutes Market Key Growth Areas
  Revenue Impact Strategies

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Introduction

• The meat substitutes market is estimated at USD
  4.63 billion in 2018 and is projected to reach a
  value of USD 6.43 billion by 2023, at a CAGR of
  6.8. The market is segmented on the basis of
  type, source, category, and region. The types of
  meat substitutes include tofu tofu ingredients,
  tempeh, TVP, seitan, Quorn, others soy products
  that include miso, yaso, and natto, and other
  meat substitutes, which include risofu, valess,
  lupine, rice protein, and pea protein. The market
  has been segmented on the basis of category into
  frozen, refrigerated, and shelf-stable. The
  market has also been segmented on the basis of
  source into soy, wheat, mycoprotein, and others,
  which include rice, pea, pulses, and milk. On the
  basis of key regions, the meat substitutes market
  has been segmented into North America, Europe,
  Asia Pacific, and the Rest of the World (RoW).
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• The Asia Pacific region is projected to be the
  fastest-growing market for meat substitutes from
  2017 to 2023. Key markets in the Asia Pacific
  region include China, India, Japan, and
  Australia. The major driving factors for meat
  substitutes market in this region is its vast
  areas of agriculture and the production of soy
  and wheat, as they are the primarily used as raw
  materials for producing meat substitutes such as
  tofu and seitan, respectively.

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Key Players

•  ADM (US)
• DowDuPont (US)
• The Nisshin OilliO Group (Japan)
• Sonic Biochem Limited (India)
• MGP Ingredients (US)
•  Garden Protein International (Canada)
• Beyond Meat (US)
• Amy's Kitchen (US)
• Quorn Foods (UK)
• MorningStar Farms (US)
• Meatless (Netherlands)

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Scope Of The Report

• On the basis of category, the meat substitutes
  market has been segmented as follows
• Frozen
• Refrigerated
• Shelf-stable
• On the basis of type, the meat substitutes market
  has been segmented as follows
• Tofu tofu ingredients
• Tempeh
• Textured vegetable protein
• Other soy products (miso, yaso, and natto)
• Seitan
• Quorn
• Other meat substitutes (risofu, valess, lupine,
  and pea protein)

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• On the basis of source, the meat substitutes
  market has been segmented as follows
• Soy
• Wheat
• Mycoprotein
• Others (rice, peas, pulses, and milk)
• On the basis of region, the meat substitutes
  market has been segmented as follows
• North America
• Europe
• Asia Pacific
• RoW (Brazil, Argentina, and South Africa)

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Research Coverage

• The report segments the meat substitutes market
  on the basis of source, type, category, and
  region. In terms of insights, this research
  report has focused on various levels of
  analysescompetitive landscape, end-use analysis,
  and company profiles, which together comprise and
  discuss the basic views on the emerging
  high-growth segments of the meat substitutes
  market, high-growth regions, countries,
  government initiatives, drivers, restraints,
  opportunities, and challenges.

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