Meat Substitutes - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Meat Substitutes Market is accounted for $4.40 billion in 2018 and is expected to reach $9.12 billion by 2027 growing at a CAGR of 8.4% during the forecast period. Growing preference toward a vegan diet owing to several health benefits and increasing consumer awareness regarding fitness are some of the factors fuelling the market growth.Moreover, exploring technological advancements to develop new product lines is providing opportunities for market growth. However, consumer’s increasing choice for gluten-free items can be set back for seitan, and other wheat-based substitute is one of the restraining factors for the market.
Meat substitute, also called a meat alternative, meat analogue, mock meat, faux meat, imitation meat, vegetarian meat, or vegan meat, approximates certain aesthetic qualities (such as texture, flavor, appearance) or chemical characteristics of specific types of meat. Meat Substitutes means food made from vegetarian ingredients, and sometimes without animal products such as dairy.
Based on Source, Soy segment is likely to have a huge demand due to its increasing preference among consumers and various health benefits such as a decrease in obesity and glucose levels. Furthermore, their wide application in various food items such as crackers, snacks, extruded snacks, cookies and other baked foods has led to increased consumption.
By Geography, Europe is going to have a lucrative growth during the forecast period due to increasing awareness regarding nutritional and meatless food and the growing flexitarian population in this region. Furthermore, developing occurrences of meat adulteration and ruined meat have urged buyers to change to vegan diets, which are anticipated to drive the market.
Some of the key players profiled in the Meat Substitutes market include Vegabom Healthy Option, Vbites, Tofurky Company, Superbom, Sonic Biochem Limited, Quorn Foods, Nisshin Oillio Group, Morningstar Farms, MGP Ingredients, Meatless, Garden Protein International, Dupont, Conagra Brands Inc., Campbell Soup Company, Blue Chip Group, Beyond Meat, Amy’s Kitchen and ADM.
Types Covered:
• Tofu & Tofu Ingredients
• Textured Vegetable Protein (TVP)
• Tempeh
• Seitan
• Quorn
• Other Soy Products
• Other Types
Sources Covered:
• Wheat
• Vegetables
• Soy
• Mycoprotein
• Other Sources
Categories Covered:
• Shelf-Stable
• Refrigerated
• Frozen
Distribution Channels Covered:
• Store-Based
• Non-Store Based
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Meat Substitutes Market, By Type
5.1 Introduction
5.2 Tofu & Tofu Ingredients
5.3 Textured Vegetable Protein (TVP)
5.4 Tempeh
5.5 Seitan
5.6 Quorn
5.7 Other Soy Products
5.8 Other Types
6 Global Meat Substitutes Market, By Source
6.1 Introduction
6.2 Wheat
6.3 Vegetables
6.3.1 Potato
6.3.2 Peas
6.3.3 Mushroom
6.3.4 Cauliflower
6.3.5 Carrot
6.3.6 Other Vegetables
6.4 Soy
6.5 Mycoprotein
6.6 Other Sources
7 Global Meat Substitutes Market, By Category
7.1 Introduction
7.2 Shelf-Stable
7.3 Refrigerated
7.4 Frozen
8 Global Meat Substitutes Market, By Distribution Channel
8.1 Introduction
8.2 Store-based
8.3 Non-Store based
9 Global Meat Substitutes Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Vegabom Healthy Option
11.2 Vbites
11.3 Tofurky Company
11.4 Superbom
11.5 Sonic Biochem Limited
11.6 Quorn Foods
11.7 Nisshin Oillio Group
11.8 Morningstar Farms
11.9 MGP Ingredients
11.10 Meatless
11.11 Garden Protein International
11.12 Dupont
11.13 Conagra Brands Inc.
11.14 Campbell Soup Company
11.15 Blue Chip Group
11.16 Beyond Meat
11.17 Amy’s Kitchen
11.18 ADM
List of Tables
1 Global Meat Substitutes Market Outlook, By Region (2017-2027) (US $MN)
2 Global Meat Substitutes Market Outlook, By Type (2017-2027) (US $MN)
3 Global Meat Substitutes Market Outlook, By Tofu & Tofu Ingredients (2017-2027) (US $MN)
4 Global Meat Substitutes Market Outlook, By Textured Vegetable Protein (TVP) (2017-2027) (US $MN)
5 Global Meat Substitutes Market Outlook, By Tempeh (2017-2027) (US $MN)
6 Global Meat Substitutes Market Outlook, By Seitan (2017-2027) (US $MN)
7 Global Meat Substitutes Market Outlook, By Quorn (2017-2027) (US $MN)
8 Global Meat Substitutes Market Outlook, By Other Soy Products (2017-2027) (US $MN)
9 Global Meat Substitutes Market Outlook, By Other Types (2017-2027) (US $MN)
10 Global Meat Substitutes Market Outlook, By Source (2017-2027) (US $MN)
11 Global Meat Substitutes Market Outlook, By Wheat (2017-2027) (US $MN)
12 Global Meat Substitutes Market Outlook, By Vegetables (2017-2027) (US $MN)
13 Global Meat Substitutes Market Outlook, By Potato (2017-2027) (US $MN)
14 Global Meat Substitutes Market Outlook, By Peas (2017-2027) (US $MN)
15 Global Meat Substitutes Market Outlook, By Mushroom (2017-2027) (US $MN)
16 Global Meat Substitutes Market Outlook, By Cauliflower (2017-2027) (US $MN)
17 Global Meat Substitutes Market Outlook, By Carrot (2017-2027) (US $MN)
18 Global Meat Substitutes Market Outlook, By Other Vegetables (2017-2027) (US $MN)
19 Global Meat Substitutes Market Outlook, By Soy (2017-2027) (US $MN)
20 Global Meat Substitutes Market Outlook, By Mycoprotein (2017-2027) (US $MN)
21 Global Meat Substitutes Market Outlook, By Other Sources (2017-2027) (US $MN)
22 Global Meat Substitutes Market Outlook, By Category (2017-2027) (US $MN)
23 Global Meat Substitutes Market Outlook, By Shelf-Stable (2017-2027) (US $MN)
24 Global Meat Substitutes Market Outlook, By Refrigerated (2017-2027) (US $MN)
25 Global Meat Substitutes Market Outlook, By Frozen (2017-2027) (US $MN)
26 Global Meat Substitutes Market Outlook, By Distribution Channel (2017-2027) (US $MN)
27 Global Meat Substitutes Market Outlook, By Store-based (2017-2027) (US $MN)
28 Global Meat Substitutes Market Outlook, By Non-Store based (2017-2027) (US $MN)
29 North America Meat Substitutes Market Outlook, By Country (2017-2027) (US $MN)
30 North America Meat Substitutes Market Outlook, By Type (2017-2027) (US $MN)
31 North America Meat Substitutes Market Outlook, By Tofu & Tofu Ingredients (2017-2027) (US $MN)
32 North America Meat Substitutes Market Outlook, By Textured Vegetable Protein (TVP) (2017-2027) (US $MN)
33 North America Meat Substitutes Market Outlook, By Tempeh (2017-2027) (US $MN)
34 North America Meat Substitutes Market Outlook, By Seitan (2017-2027) (US $MN)
35 North America Meat Substitutes Market Outlook, By Quorn (2017-2027) (US $MN)
36 North America Meat Substitutes Market Outlook, By Other Soy Products (2017-2027) (US $MN)
37 North America Meat Substitutes Market Outlook, By Other Types (2017-2027) (US $MN)
38 North America Meat Substitutes Market Outlook, By Source (2017-2027) (US $MN)
39 North America Meat Substitutes Market Outlook, By Wheat (2017-2027) (US $MN)
40 North America Meat Substitutes Market Outlook, By Vegetables (2017-2027) (US $MN)
41 North America Meat Substitutes Market Outlook, By Potato (2017-2027) (US $MN)
42 North America Meat Substitutes Market Outlook, By Peas (2017-2027) (US $MN)
43 North America Meat Substitutes Market Outlook, By Mushroom (2017-2027) (US $MN)
44 North America Meat Substitutes Market Outlook, By Cauliflower (2017-2027) (US $MN)
45 North America Meat Substitutes Market Outlook, By Carrot (2017-2027) (US $MN)
46 North America Meat Substitutes Market Outlook, By Other Vegetables (2017-2027) (US $MN)
47 North America Meat Substitutes Market Outlook, By Soy (2017-2027) (US $MN)
48 North America Meat Substitutes Market Outlook, By Mycoprotein (2017-2027) (US $MN)
49 North America Meat Substitutes Market Outlook, By Other Sources (2017-2027) (US $MN)
50 North America Meat Substitutes Market Outlook, By Category (2017-2027) (US $MN)
51 North America Meat Substitutes Market Outlook, By Shelf-Stable (2017-2027) (US $MN)
52 North America Meat Substitutes Market Outlook, By Refrigerated (2017-2027) (US $MN)
53 North America Meat Substitutes Market Outlook, By Frozen (2017-2027) (US $MN)
54 North America Meat Substitutes Market Outlook, By Distribution Channel (2017-2027) (US $MN)
55 North America Meat Substitutes Market Outlook, By Store-based (2017-2027) (US $MN)
56 North America Meat Substitutes Market Outlook, By Non-Store based (2017-2027) (US $MN)
57 Europe Meat Substitutes Market Outlook, By Country (2017-2027) (US $MN)
58 Europe Meat Substitutes Market Outlook, By Type (2017-2027) (US $MN)
59 Europe Meat Substitutes Market Outlook, By Tofu & Tofu Ingredients (2017-2027) (US $MN)
60 Europe Meat Substitutes Market Outlook, By Textured Vegetable Protein (TVP) (2017-2027) (US $MN)
61 Europe Meat Substitutes Market Outlook, By Tempeh (2017-2027) (US $MN)
62 Europe Meat Substitutes Market Outlook, By Seitan (2017-2027) (US $MN)
63 Europe Meat Substitutes Market Outlook, By Quorn (2017-2027) (US $MN)
64 Europe Meat Substitutes Market Outlook, By Other Soy Products (2017-2027) (US $MN)
65 Europe Meat Substitutes Market Outlook, By Other Types (2017-2027) (US $MN)
66 Europe Meat Substitutes Market Outlook, By Source (2017-2027) (US $MN)
67 Europe Meat Substitutes Market Outlook, By Wheat (2017-2027) (US $MN)
68 Europe Meat Substitutes Market Outlook, By Vegetables (2017-2027) (US $MN)
69 Europe Meat Substitutes Market Outlook, By Potato (2017-2027) (US $MN)
70 Europe Meat Substitutes Market Outlook, By Peas (2017-2027) (US $MN)
71 Europe Meat Substitutes Market Outlook, By Mushroom (2017-2027) (US $MN)
72 Europe Meat Substitutes Market Outlook, By Cauliflower (2017-2027) (US $MN)
73 Europe Meat Substitutes Market Outlook, By Carrot (2017-2027) (US $MN)
74 Europe Meat Substitutes Market Outlook, By Other Vegetables (2017-2027) (US $MN)
75 Europe Meat Substitutes Market Outlook, By Soy (2017-2027) (US $MN)
76 Europe Meat Substitutes Market Outlook, By Mycoprotein (2017-2027) (US $MN)
77 Europe Meat Substitutes Market Outlook, By Other Sources (2017-2027) (US $MN)
78 Europe Meat Substitutes Market Outlook, By Category (2017-2027) (US $MN)
79 Europe Meat Substitutes Market Outlook, By Shelf-Stable (2017-2027) (US $MN)
80 Europe Meat Substitutes Market Outlook, By Refrigerated (2017-2027) (US $MN)
81 Europe Meat Substitutes Market Outlook, By Frozen (2017-2027) (US $MN)
82 Europe Meat Substitutes Market Outlook, By Distribution Channel (2017-2027) (US $MN)
83 Europe Meat Substitutes Market Outlook, By Store-based (2017-2027) (US $MN)
84 Europe Meat Substitutes Market Outlook, By Non-Store based (2017-2027) (US $MN)
85 Asia Pacific Meat Substitutes Market Outlook, By Country (2017-2027) (US $MN)
86 Asia Pacific Meat Substitutes Market Outlook, By Type (2017-2027) (US $MN)
87 Asia Pacific Meat Substitutes Market Outlook, By Tofu & Tofu Ingredients (2017-2027) (US $MN)
88 Asia Pacific Meat Substitutes Market Outlook, By Textured Vegetable Protein (TVP) (2017-2027) (US $MN)
89 Asia Pacific Meat Substitutes Market Outlook, By Tempeh (2017-2027) (US $MN)
90 Asia Pacific Meat Substitutes Market Outlook, By Seitan (2017-2027) (US $MN)
91 Asia Pacific Meat Substitutes Market Outlook, By Quorn (2017-2027) (US $MN)
92 Asia Pacific Meat Substitutes Market Outlook, By Other Soy Products (2017-2027) (US $MN)
93 Asia Pacific Meat Substitutes Market Outlook, By Other Types (2017-2027) (US $MN)
94 Asia Pacific Meat Substitutes Market Outlook, By Source (2017-2027) (US $MN)
95 Asia Pacific Meat Substitutes Market Outlook, By Wheat (2017-2027) (US $MN)
96 Asia Pacific Meat Substitutes Market Outlook, By Vegetables (2017-2027) (US $MN)
97 Asia Pacific Meat Substitutes Market Outlook, By Potato (2017-2027) (US $MN)
98 Asia Pacific Meat Substitutes Market Outlook, By Peas (2017-2027) (US $MN)
99 Asia Pacific Meat Substitutes Market Outlook, By Mushroom (2017-2027) (US $MN)
100 Asia Pacific Meat Substitutes Market Outlook, By Cauliflower (2017-2027) (US $MN)
101 Asia Pacific Meat Substitutes Market Outlook, By Carrot (2017-2027) (US $MN)
102 Asia Pacific Meat Substitutes Market Outlook, By Other Vegetables (2017-2027) (US $MN)
103 Asia Pacific Meat Substitutes Market Outlook, By Soy (2017-2027) (US $MN)
104 Asia Pacific Meat Substitutes Market Outlook, By Mycoprotein (2017-2027) (US $MN)
105 Asia Pacific Meat Substitutes Market Outlook, By Other Sources (2017-2027) (US $MN)
106 Asia Pacific Meat Substitutes Market Outlook, By Category (2017-2027) (US $MN)
107 Asia Pacific Meat Substitutes Market Outlook, By Shelf-Stable (2017-2027) (US $MN)
108 Asia Pacific Meat Substitutes Market Outlook, By Refrigerated (2017-2027) (US $MN)
109 Asia Pacific Meat Substitutes Market Outlook, By Frozen (2017-2027) (US $MN)
110 Asia Pacific Meat Substitutes Market Outlook, By Distribution Channel (2017-2027) (US $MN)
111 Asia Pacific Meat Substitutes Market Outlook, By Store-based (2017-2027) (US $MN)
112 Asia Pacific Meat Substitutes Market Outlook, By Non-Store based (2017-2027) (US $MN)
113 South America Meat Substitutes Market Outlook, By Country (2017-2027) (US $MN)
114 South America Meat Substitutes Market Outlook, By Type (2017-2027) (US $MN)
115 South America Meat Substitutes Market Outlook, By Tofu & Tofu Ingredients (2017-2027) (US $MN)
116 South America Meat Substitutes Market Outlook, By Textured Vegetable Protein (TVP) (2017-2027) (US $MN)
117 South America Meat Substitutes Market Outlook, By Tempeh (2017-2027) (US $MN)
118 South America Meat Substitutes Market Outlook, By Seitan (2017-2027) (US $MN)
119 South America Meat Substitutes Market Outlook, By Quorn (2017-2027) (US $MN)
120 South America Meat Substitutes Market Outlook, By Other Soy Products (2017-2027) (US $MN)
121 South America Meat Substitutes Market Outlook, By Other Types (2017-2027) (US $MN)
122 South America Meat Substitutes Market Outlook, By Source (2017-2027) (US $MN)
123 South America Meat Substitutes Market Outlook, By Wheat (2017-2027) (US $MN)
124 South America Meat Substitutes Market Outlook, By Vegetables (2017-2027) (US $MN)
125 South America Meat Substitutes Market Outlook, By Potato (2017-2027) (US $MN)
126 South America Meat Substitutes Market Outlook, By Peas (2017-2027) (US $MN)
127 South America Meat Substitutes Market Outlook, By Mushroom (2017-2027) (US $MN)
128 South America Meat Substitutes Market Outlook, By Cauliflower (2017-2027) (US $MN)
129 South America Meat Substitutes Market Outlook, By Carrot (2017-2027) (US $MN)
130 South America Meat Substitutes Market Outlook, By Other Vegetables (2017-2027) (US $MN)
131 South America Meat Substitutes Market Outlook, By Soy (2017-2027) (US $MN)
132 South America Meat Substitutes Market Outlook, By Mycoprotein (2017-2027) (US $MN)
133 South America Meat Substitutes Market Outlook, By Other Sources (2017-2027) (US $MN)
134 South America Meat Substitutes Market Outlook, By Category (2017-2027) (US $MN)
135 South America Meat Substitutes Market Outlook, By Shelf-Stable (2017-2027) (US $MN)
136 South America Meat Substitutes Market Outlook, By Refrigerated (2017-2027) (US $MN)
137 South America Meat Substitutes Market Outlook, By Frozen (2017-2027) (US $MN)
138 South America Meat Substitutes Market Outlook, By Distribution Channel (2017-2027) (US $MN)
139 South America Meat Substitutes Market Outlook, By Store-based (2017-2027) (US $MN)
140 South America Meat Substitutes Market Outlook, By Non-Store based (2017-2027) (US $MN)
141 Middle East & Africa Meat Substitutes Market Outlook, By Country (2017-2027) (US $MN)
142 Middle East & Africa Meat Substitutes Market Outlook, By Type (2017-2027) (US $MN)
143 Middle East & Africa Meat Substitutes Market Outlook, By Tofu & Tofu Ingredients (2017-2027) (US $MN)
144 Middle East & Africa Meat Substitutes Market Outlook, By Textured Vegetable Protein (TVP) (2017-2027) (US $MN)
145 Middle East & Africa Meat Substitutes Market Outlook, By Tempeh (2017-2027) (US $MN)
146 Middle East & Africa Meat Substitutes Market Outlook, By Seitan (2017-2027) (US $MN)
147 Middle East & Africa Meat Substitutes Market Outlook, By Quorn (2017-2027) (US $MN)
148 Middle East & Africa Meat Substitutes Market Outlook, By Other Soy Products (2017-2027) (US $MN)
149 Middle East & Africa Meat Substitutes Market Outlook, By Other Types (2017-2027) (US $MN)
150 Middle East & Africa Meat Substitutes Market Outlook, By Source (2017-2027) (US $MN)
151 Middle East & Africa Meat Substitutes Market Outlook, By Wheat (2017-2027) (US $MN)
152 Middle East & Africa Meat Substitutes Market Outlook, By Vegetables (2017-2027) (US $MN)
153 Middle East & Africa Meat Substitutes Market Outlook, By Potato (2017-2027) (US $MN)
154 Middle East & Africa Meat Substitutes Market Outlook, By Peas (2017-2027) (US $MN)
155 Middle East & Africa Meat Substitutes Market Outlook, By Mushroom (2017-2027) (US $MN)
156 Middle East & Africa Meat Substitutes Market Outlook, By Cauliflower (2017-2027) (US $MN)
157 Middle East & Africa Meat Substitutes Market Outlook, By Carrot (2017-2027) (US $MN)
158 Middle East & Africa Meat Substitutes Market Outlook, By Other Vegetables (2017-2027) (US $MN)
159 Middle East & Africa Meat Substitutes Market Outlook, By Soy (2017-2027) (US $MN)
160 Middle East & Africa Meat Substitutes Market Outlook, By Mycoprotein (2017-2027) (US $MN)
161 Middle East & Africa Meat Substitutes Market Outlook, By Other Sources (2017-2027) (US $MN)
162 Middle East & Africa Meat Substitutes Market Outlook, By Category (2017-2027) (US $MN)
163 Middle East & Africa Meat Substitutes Market Outlook, By Shelf-Stable (2017-2027) (US $MN)
164 Middle East & Africa Meat Substitutes Market Outlook, By Refrigerated (2017-2027) (US $MN)
165 Middle East & Africa Meat Substitutes Market Outlook, By Frozen (2017-2027) (US $MN)
166 Middle East & Africa Meat Substitutes Market Outlook, By Distribution Channel (2017-2027) (US $MN)
167 Middle East & Africa Meat Substitutes Market Outlook, By Store-based (2017-2027) (US $MN)
168 Middle East & Africa Meat Substitutes Market Outlook, By Non-Store based (2017-2027) (US $MN)
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