Meat Substitutes Market– Top Companies, Business Growth And Investment Opportunities, Share and Forecasts 2025

The global Meat Substitutes market was valued at USD 4.05 billion in 2016 and is projected to reach USD 7.02 billion by 2025, growing at a CAGR of 6.3% from 2017 to 2025.

Meat Substitutes have been witnessing rising sales owing to growing concerns regarding the quality of meat. The adoption of vegan diets by large populations in North America and Europe is driving the demand for this product category. The retail penetration in developing countries is expected to play a major role in driving future consumption.

The Final Report will cover the impact analysis of COVID-19 on this industry:

Download Sample of This Strategic Report:

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Rising health awareness and consumer knowledge about meat adulteration
1.2 Penetration of modernized retail chain increases adoption levels in emerging markets
2. Market Restraints
2.1 Ill effects of meat substitutes
2.2 Perception of taste

Market Segmentation:
The global Meat Substitutes market is segmented on the product, source, category, and region.
1. By Product:
1.1 Tofu and Tofu Ingredients
1.2 Quorn
1.3 Seitan
1.4 Other Soy Products
1.5 Textured Vegetable Protein
1.6 Others

2. By Source:
2.1 Wheat Based Meat Substitutes
2.2 Soy Based Wheat Substitutes
2.3 Mycoprotein Meat Substitutes
2.4 Others

3. By Category:
3.1 Frozen Meat Substitutes
3.2 Refrigerated Meat Substitutes

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Morningstar Farms LLC
2. Archer Daniels Midland Company
3. Quorn Foods
4. EI Du Pont De Nemours
5. Amy’s Kitchen
6. Beyond Meat
7. Garden Protein International Inc.
8. The Nisshin Ollio Group Ltd.
9. MGP Ingredients
10. Sonic Biochem Extractions Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Request For Full Report:

Research study on the Meat Substitutes market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

Contact Us

Kenneth Research


Phone: +1 313 462 0609

Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

Leave a Reply