Pune, India -- (SBWire) -- 08/14/2018 --The new research from Data Bridge Market Research on Global Meat Substitutes Market Report for 2018 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.
Global Market Analysis of Meat Substitutes Market
The Global Meat Substitutes Market is expected to reach USD 7.36 billion by 2025, from USD 4.33 billion in 2017, growing at a CAGR of 6.85% during the forecast period of 2018 to 2025.
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Global Meat Substitutes Market, By Category (Frozen, Refrigerated, Shelf-Stable), By Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein , Other Soy Products, Seitan, Quorn & Other Meat Substitutes), By Source (Soy, Wheat, Mycoprotein & Others), By Geography (APAC, Europe, Middle East, Africa, North America & South America)– Industry Trends and Forecast to 2025
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Major Market Drivers & Market Restraint of Global Meat Substitutes Market
- Health benefits of meat substitutes
- Rising health concerns due to increasing obesity levels.
- Technological advancements to develop new product lines.
- Increased preference for vegetarian and vegan foods.
- Ill effects of consuming meat substitutes.
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Some of the major players operating in the global meat substitutes market are
Amy's Kitchen,
Archer Daniels Midland,
Beyond Meat,
Blue Chip Group among others,
ADM, DuPont, The Nisshin Ollio Group, Sonic Biochem Limited, MGP Ingredients, Garden Protein International, Beyond Meat, Amy's Kitchen, Quorn Foods, KELLOGG NA CO., The Monday Campaigns, Inc ,Field Roast, Gardein, MorningStar Farms, The Kraft Heinz Company, LIGHTLIFE FOODS, Cauldron Foods, Sweet Earth Foods, Tofurky, and VBites, among others.
Market Segmentation of Global Meat Substitutes Market
The global meat substitutes market is segmented based on category, type, source.
Based on category, the global meat substitutes market is segmented into
- frozen,
- refrigerated and
- Shelf-stable.
On the basis of type, the global meat substitutes market is segmented into
- tofu & tofu ingredients,
- tempeh,
- textured vegetable protein,
- other soy products,
- seitan,
- quorn and other meat substitutes.
The other soy product is further sub segmented into
- miso,
- yaso, and nattô.
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The other meat substitute is further sub segmented into
- risofu,
- valess,
- lupine and
- pea protein.
On the basis of source, the global meat substitutes market is segmented into
- soy,
- wheat,
- mycoprotein and other sources.
The other sources is further sub segmented into
- rice,
- peas,
- pulses,
- and milk
Based on geography, the global meat substitute's market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Europe,
- Asia-Pacific and,
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Reasons to Purchase this Report
- Current and future of Global Meat Substitutes Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares and strategies that are employed by the major market players
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Advancements in Food & Beverage Industry Contributing to the Growth of Global Meat Substitutes Market to Grow at a CAGR of 6.85% During 2018-2025
Global Meat Substitutes Market, By Category (Frozen, Refrigerated, Shelf-Stable), By Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein , Other Soy Products, Seitan, Quorn & Other Meat Substitutes), By Source, By Geography