Indore Online Journal

Meat Substitutes Market size is estimated to reach $2,651 million by 2026| CAGR 5.1% – IndustryARC

 Breaking News
  • No posts were found

Meat Substitutes Market size is estimated to reach $2,651 million by 2026| CAGR 5.1% – IndustryARC

September 02
23:36 2022
Meat Substitutes Market size is estimated to reach $2,651 million by 2026| CAGR 5.1% - IndustryARC
Market Research Reports, Business Consulting Services & Analytics
Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026.

Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026. Meat substitutes are meat analogues or meat alternatives, such as textured vegetable protein, Mycoprotein, Tofu Ingredients, and soy protein, which have a meat-like look and include nutrients present in meat. Frozen, refrigerated, and shelf-stable foods are examples of these options. Frozen meat substitutes are the most common use. When compared to meat products, meat alternatives are less likely to cause food illness or contamination. 

 

Competitive Landscape:

The top 5 players in the Meat Substitutes industry are –

1. Wilmar International Limited

2. CRESPEL & DEITERS

3. CHS INC

4. Kerry

5. DuPont Nutrition 

 

Interested in knowing more relevant information? Click here:

 https://www.industryarc.com/pdfdownload.php?id=7489

 

Segmental Analysis:

 1. The Meat Substitutes Market based on product type can be further segmented into Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein, Other Soy Products, Seitan, Quorn and Others.

2. The Meat Substitutes Market based on the source can be further segmented into Soy Protein, Wheat Protein, Pea Protein, Almond Protein, Rice Protein and Others. The Soy Protein segment registers for the highest Meat Substitutes market share in 2020. 

3. Europe dominated the Meat Substitutes Market with a major share of 42.6% in 2020. This is owing to the increasing millennial generation in the western globe and is driving a move toward meat alternatives consumption.

 

Report Coverage

Report Attributes

Details

By Product Type

Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein, Other Soy Products, Seitan, Quorn

By Source

Soy Protein, Wheat Protein, Pea Protein, Almond Protein, Rice Protein

 

By Category

Frozen, Refrigerated, Shelf Stable and Others

 

By Geography

North America, Europe, Asia-Pacific and Rest of World

 

Get more detailed information about these segments in the report. Buy it here:

 https://www.industryarc.com/reports/request-quote?id=7489

 

Market Drivers and Challenges:

1.The Meat Substitutes Market based on the source can be further segmented into Soy Protein, Wheat Protein, Pea Protein, Almond Protein, Rice Protein and Others.

2. Europe dominated the Meat Substitutes Market with a major share of 42.6% in 2020. This is owing to the increasing millennial generation in the western globe and is driving a move toward meat alternatives consumption.

3. Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 6.05% during the forecast period 2021-2026. 

 

Why IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. Get detailed report on preferred market as per your specific requirements and our research experts would customize the report for you.

Email: [email protected]

USA: (+1) 614-588-8538,  (+1) 815-656-4596

 

Similar Reports:

A. Soy Protein Market – Forecast(2021 – 2026)

https//www.industryarc.com/Report/7445/soy-protein-market-analysis.html

B. IQF Meat and Poultry Market – Forecast(2021 – 2026) 

http://https//www.industryarc.com/Report/16584/iqf-meatpoultry-market.html

Media Contact
Company Name: IndustryARC
Contact Person: Mr. Venkat Reddy
Email: Send Email
Phone: (+1) 970-236-3677
Address:Madhapur
City: Hyderabad
Country: India
Website: https://www.industryarc.com/Report/7489/meat-substitutes-market.html

Categories