Global Meat Substitutes Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com

The "Meat Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global meat substitutes market reached a value of US$ 5.1 Billion in 2020. Looking forward, the publisher expects the global meat substitutes market to exhibit moderate growth during the next five years.

Companies Mentioned

• The Nisshin Oillio Group
• Dupont
• Archer Daniels Midland
• Amy's Kitchen
• Conagra Brands
• Quorn Foods
• Cauldron Foods
• Campbell Soup Company
• VBites
• Blue Chip Group
• Field Roast
• Garden Protein International
• LightLife
• Sweet Earth Foods
• MGP Ingredients
• Tofurky
• Meatless
• Sonic Biochem Limited

Meat substitutes, or mock meats, are vegetarian food products that have similar taste, appearance and texture to that of poultry, meat and fish products. They are manufactured using grain- and plant-based sources to replicate animal-based protein and calcium, which aid in reducing cholesterol level, preventing menopausal difficulties and other related ailments. Currently, soy, tofu, tempeh, textured vegetable protein (TVP) and seitan are the most common types of meat substitutes available in the market. They are usually processed with various food additives, emulsifiers, coloring and leavening agents to enhance their flavor, texture and shelf-life.

The increasing health awareness, along with a growing preference for vegetarian foods amongst consumers, is one of the key factors driving the growth of the market. Owing to various health benefits, such as reduction of blood sugar levels, meat substitutes are gaining immense popularity across the globe. The emerging trend of veganism and growing awareness regarding the environmental impact of animals farming for meat production is encouraging consumers to incorporate meat substitutes in their daily diet. The market is further driven by favorable campaigns on animal welfare, which aim at promoting the adoption of all plant foods such as cereals, pulses, vegetables, fruits, nuts, seeds, herbs and spices. Moreover, the development of the organized retail sector and online retail portals for seamless distribution of meat substitute products is also creating a positive outlook for the market.

Key Questions Answered in This Report:

• How has the global meat substitutes market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global meat substitutes industry?
• What are the key regional markets in the global meat substitutes industry?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the source?
• What is the breakup of the market based on the category?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the global meat substitutes industry?
• What are the key driving factors and challenges in the global meat substitutes industry?
• What is the structure of the global meat substitutes industry and who are the key players?
• What is the degree of competition in the global meat substitutes industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Meat Substitutes Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Type

5.5 Market Breakup by Source

5.6 Market Breakup by Category

5.7 Market Breakup by Distribution Channel

5.8 Market Breakup by Region

5.9 Market Forecast

6 Market Breakup by Type

7 Market Breakup by Source

8 Market Breakup by Category

9 Market Breakup by Distribution Channel

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porter's Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/e62pvs

View source version on businesswire.com: https://www.businesswire.com/news/home/20211015005396/en/