A report on the Meat Substitutes Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Meat Substitutes Market. The historic years considered for the study are 2015-2019 the base year is 2020, and the forecast period is 2020-2025.

The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.

Market Analysis

Meat Substitutes Market is likely to witness a steady CAGR of 11.8% during the forecast period. The market for meat substitutes is driven by the surge in demand for plant-based meat products majorly among the millennials, globally.

The Meat Substitutes Market is segmented by Source Type (Soy Protein, Wheat Protein, Pea Protein, and Others), by Product Type (Tofu, Tempeh, Seitan, Quorn, and Others), by Type (Concentrates, Isolates, and Textured), by Form Type (Solid, Liquid), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on Meat Substitutes Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.

Report Features

The report delivers a detailed view of the industry based on Meat Substitutes Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-

–           Market structure: Overview, industry life cycle analysis, supply chain analysis

–           Covid-19 Impact analysis.

–           Market environment analysis: Growth drivers and constraints, and SWOT analysis.

–           Market trend and forecast analysis.

–           Market segment trend and forecast.

–           Competitive landscape and dynamics: Market share, product launches, etc.

–           Attractive Market segments and associated growth opportunities.

–           Emerging trends.

–           Strategic growth opportunities for the existing and new players.

The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.

Key Segments Meat Substitutes Market Report Covers:

Based on the product type, the meat substitutes market is segmented as soy protein, wheat protein, pea protein, and others. The soy protein segment is expected to be the largest segment, during the forecast period, due to the high demand for soy-based meat alternative products, such as pork, beef, and chicken, on account of their high protein content.

Based on the type, the meat substitutes market is segmented as concentrates, isolates, and textured. The concentrates segment is expected to be the fastest-growing segment due to its low price and high protein content.

Based on the form type, the market is segmented as solid and liquid. The solid segment is expected to remain the larger segment of the market during the forecast period owing to its ability to preserve flavor and color of food products.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing meat substitutes market during the forecast period. Awareness for animal welfare, health benefits, cost affordability, and growing variety of meat substitute products are driving the meat substitutes market in the region with China and India as the growth engines. 

According to the report, brands or companies that are leading globally in this Market are –

  • Archer Daniels Midland Company
  • DuPont
  • Roquette Frères
  • Kerry
  • Ingredion
  • Sotexpro S.A
  • CRESPEL & DEITER
  • CHS INC.
  • Suedzucker
  • MGP
  • Ingredient.

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Stratviewresearch.com is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. Stratview Research possesses a global presence to enable current Market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. We survey clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.