Market Overview

The Global Meat Substitute Market to 2025 - Expected to Reach $7.55 Billion: Analysis by Product Type, Source and Category - ResearchAndMarkets.com

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The "Meat
Substitute Market by Product Type, Source, Category - Global Opportunity
Analysis and Industry Forecast, 2018-2025"
report has been
added to ResearchAndMarkets.com's offering.

The global meat substitute market size was valued at $4,175 million in
2017, and is expected to reach $7,549 million by 2025, registering a
CAGR of 7.7% from 2018 to 2025. Europe dominated the global meat
substitute market in 2017, accounting for 38.5% of the total revenue.

The meat substitute market by product type comprises products prepared
from tofu, tempeh, textured vegetable protein, seitan, quorn, and other
plant-based sources. Textured vegetable protein (TVP)-based meat
substitutes occupied the largest market share of 35.8% in 2017 as it is
the basic ingredient in most of the soy-based meat substitute products.
In terms of growth, Seitan-based meat substitutes are projected to
exhibit an impressive CAGR of 9.4%, owing to increase in adoption in the
food service industry.

Various categories of meat substitutes marketed by players include
frozen, refrigerated, and shelf-stable products. Frozen meat substitutes
occupied a prominent market share of 77.2% in 2017, followed by
refrigerated and shelf stable meat substitute products. The shelf stable
category is anticipated to exhibit the fastest CAGR of 9.1% from 2018 to
2025.

The key players profiled in the report are Amys Kitchen Inc., Beyond
Meat, Cauldron Foods, Garden Protein International, Inc., Meatless B.V.,
Quorn Foods, Vbites Food, Ltd., Morningstar Farms, MGP Ingredients Inc.,
and Sonic Biochem Extractions Limited.

Other prominent players in the meat substitute industry are ADM, Dupont,
The Nisshin Oillio Group, Meatless, Vbites, Schouten Europe, Memphis
Meats, Alpha Foods, Corbion Biotech, Inc., and Famleigh Inc.

Key Findings

  • In terms of value, the quorn-based segment is expected to grow at a
    CAGR of 8.5% during the forecast period.
  • Europe is expected to dominate the market, registering a CAGR of 7.3%
    in terms of value.
  • Asia-Pacific is projected to exponential growth in demand throughout
    2025, growing at the highest CAGR 9.4%, in terms of value.
  • Soy-based segment is anticipated to dominate the global meat
    substitute market registering CAGR of 7.2%.
  • In the global meat substitute market, the shelf stable segment is
    expected to grow at a CAGR of 9.1%, in terms of value.

Key Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Meat Substitute Market, by Product Type

Chapter 5: Meat Substitute Market, by Source

Chapter 6: Meat Substitute Market, by Category

Chapter 7: Meat Substitute Market, by Region

Chapter 8: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/ks358w/the_global_meat?w=4

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