Press Release
Global Meat Substitute Market is Estimated to Reach $7,275 million by 2025, Says Variant Market Research
 Published Date:  Apr 2018  Publish By: Variant Market Research

Global Meat Substitute Market Report, published by Variant Market Research, forecast that the global market is expected to reach $7,275 million by 2025 from $4,229 million in 2017; growing at a CAGR of 7.0% from 2017 to 2025. By geography, Asia-Pacific, and North America are expected to grow at a CAGR of 8.3% and 7.2%, respectively, during the forecast period. Commonly used meat substitutes include seitan, tofu, tempeh, vegan meat, gluten-free, textured vegetable protein, mushrooms, jackfruit, lentils, and beans & legumes, among others. Increasing consumer awareness and various health benefits of meat substitute are expected to boost the growth of the market over the coming years.

Meat Substitute Market (By Product Type: Tofu Based, Tempeh Based, TVP Based, Seitan Based, Quorn Based, and Other Product Types; By Category: Frozen, Refrigerated and Shelf-Stable; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025 

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/food-beverages/meat-substitute-market

Health benefits of meat substitute to drive the growth of the global market

The factors supporting growth of the global meat substitute market are increasing health concerns due to growing obesity levels carried on by the meat consumption, increased high preference for vegetarian as well as vegan foods, and health benefits of meat substitutes. However, the adverse impact of meat substitute consumption may act as a restraint for the growth of the market. Though, exploring advanced technology for development of new products would provide several growth opportunities for the market in the future years.

Market Segmentation

Product type, category, and geography are the major segments considered in the global meat substitute market. By product type, the market is bifurcated into tofu based, tempeh based, TVP based, seitan based, quorn based, and other product types. By category, the market is categorized into frozen, refrigerated and shelf-stable. By geography, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America covers the U.S., Canada, and Mexico. UK, Germany, Spain, France, and Rest of Europe are analyzed under the European market. China, Japan, India, and Rest of Asia-Pacific are included under the Asia-Pacific Market While RoW is bifurcated into South America, Middle East, and Africa. 

TVP based accounted for the largest market share in the product type segment

 Global Meat Substitute Market is estimated to reach $7,275 million by 2025; growing at a CAGR of 7.0% from 2017 to 2025.Meat substitutes are products that look like actual meat in terms of flavor, appearance and taste, but are healthful as competed to meat.

TVP based accounted for the largest market share in 2017, in the product type segment, and are expected to continue its dominance during the forecast period 2017 – 2025. The growth is attributed to the fact that TVP based is the basic ingredient in many soy-based meat substitute products.

Frozen accounted for the largest market share in the category segment

 Global Meat Substitute Market is estimated to reach $7,275 million by 2025; growing at a CAGR of 7.0% from 2017 to 2025.Meat substitutes are products that look like actual meat in terms of flavor, appearance and taste, but are healthful as competed to meat.

Frozen accounted for the largest market share in 2017, in the product type segment, and are expected to continue its dominance during the forecast period 2017 – 2025. The growth is attributed to growing demand for convenience foods, due to rising income levels of consumers.

Europe dominated the global market with highest market share over the forecast period

 Global Meat Substitute Market is estimated to reach $7,275 million by 2025; growing at a CAGR of 7.0% from 2017 to 2025.Meat substitutes are products that look like actual meat in terms of flavor, appearance and taste, but are healthful as competed to meat.

Europe dominated the global market with largest market share of 38.6% in 2017 and expected to continue its dominance during the forecasted period. The growth is attributed to the presence of large-scale meat substitute manufacturers like Quorn Foods (UK) & Meatless (Netherlands) in the region. High number of new improved meat-free product launches by manufacturers drive the growth of meat substitutes market.

Competitive Landscape

The major players operating in the market are Marlow Foods Ltd, Kellogg NA Co., MGP Ingredients, Inc., Sonic Biochem Extractions Ltd., Amy's Kitchen, Inc., Beyond Meat, Boulder Brands USA Inc., Quorn, VBites Foods Limited, and Meatless BV, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
    2.1 Global Meat Substitute Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Global Meat Substitute Market by Product Type: Market Size and Forecast, 2016 – 2025
    4.1 Overview
    4.2 Tofu Based
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          4.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    4.3 Tempeh Based
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          4.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    4.4 TVP Based
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          4.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    4.5 Seitan Based
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          4.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    4.6 Quorn Based
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          4.6.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    4.7 Other Product Types
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          4.7.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
Chapter 5 Global Meat Substitute Market by Category: Market Size and Forecast, 2016 – 2025
    5.1 Overview
    5.2 Frozen
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          5.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    5.3 Refrigerated
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          5.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
    5.4 Shelf-Stable
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          5.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million)
Chapter 6 Global Meat Substitute Market by Geography: Market Size and Forecast, 2016 – 2025
    6.1 Overview
          6.1.1 Global Meat Substitute Market Year-on-Year Growth, by regions 2017 – 2025 (%)
    6.2 North America
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.2.3 US
                   6.2.3.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.2.4 Canada
                   6.2.4.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.2.5 Mexico
                   6.2.5.1 Market Size and Forecast, 2016 – 2025 ($ Million)
    6.3 Europe
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.3.3 UK
                   6.3.3.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.3.4 Germany
                   6.3.4.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.3.5 Spain
                   6.3.5.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.3.6 France
                   6.3.6.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.3.7 Rest of Europe
                   6.3.7.1 Market Size and Forecast, 2016 – 2025 ($ Million)
    6.4 Asia-Pacific
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.4.3 China
                   6.4.3.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.4.4 Japan
                   6.4.4.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.4.5 India
                   6.4.5.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.4.6 Rest of Asia-Pacific
                   6.4.6.1 Market Size and Forecast, 2016 – 2025 ($ Million)
    6.5 RoW
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
          6.5.3 Middle East
                   6.5.3.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.5.4 South America
                   6.5.4.1 Market Size and Forecast, 2016 – 2025 ($ Million)
          6.5.5 Africa
                   6.5.5.1 Market Size and Forecast, 2016 – 2025 ($ Million)
Chapter 7 Company Profiles
    7.1 Kellogg NA Co.
    7.2 MGP Ingredients, Inc.
    7.3 Sonic Biochem Extractions Ltd.
    7.4 Amy’s Kitchen, Inc.
    7.5 Beyond Meat
    7.6 Marlow Foods Ltd
    7.7 Boulder Brands USA Inc.
    7.8 Meatless BV
    7.9 Quorn
    7.10 VBites Foods Limited
List of Figures
FIG. 1 MARKET SEGMENTATION: GLOBAL MEAT SUBSTITUTE MARKET
FIG. 2 GLOBAL MEAT SUBSTITUTE MARKET YEAR ON YEAR GROWTH, 2017 - 2025 (%)
FIG. 3 MARKET SHARE ANALYSIS, 2017 (%)
FIG. 4 GLOBAL MEAT SUBSTITUTE MARKET SHARE AND FORECAST, BY PRODUCT TYPE 2017 Vs 2025 (VALUE %)
FIG. 5 TOFU BASED MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 6 TEMPEH BASED MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 7 TVP BASED MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 8 SEITAN BASED MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 9 QUORN BASED MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 10 OTHER PRODUCT TYPES MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 11 GLOBAL MEAT SUBSTITUTE MARKET SHARE AND FORECAST, BY CATEGORY 2017 Vs 2025 (VALUE %)
FIG. 12 FROZEN MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 13 REFRIGERATED MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 14 SHELF-STABLE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 15 GLOBAL MEAT SUBSTITUTE MARKET SIZE AND FORECAST BY GEOGRAPHY, 2017 Vs 2025 (REVENUE, CAGR %)
FIG. 16 GLOBAL MEAT SUBSTITUTE MARKET YEAR ON YEAR GROWTH, BY REGION 2017 – 2025 (%)
FIG. 17 NORTH AMERICA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 18 NORTH AMERICA MEAT SUBSTITUTE MARKET SIZE AND FORECAST BY COUNTRY, 2016 – 2025 ($ MILLION)
FIG. 19 U.S. MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG.20 CANADA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 21 MEXICO MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 22 EUROPE MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025, ($ MILLION)
FIG. 23 EUROPE MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 BY COUNTRY, ($ MILLION)
FIG.24 UK MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 25 GERMANY MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 26 SPAIN MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 27 FRANCE MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 28 REST OF EUROPE MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 29 ASIA-PACIFIC MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025, ($ MILLION)
FIG. 30 ASIA-PACIFIC MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 BY COUNTRY ($ MILLION)
FIG. 31 CHINA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 32 JAPAN MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 33 INDIA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 34 REST OF ASIA-PACIFIC MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 35 REST OF THE WORLD MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 36 REST OF THE WORLD MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 BY COUNTRY ($ MILLION)
FIG. 37 SOUTH AMERICA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 38 MIDDLE EAST MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
FIG. 39 AFRICA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION)
List of Tables
TABLE 1 GLOBAL MEAT SUBSTITUTE MARKET SNAPSHOT
TABLE 2 GLOBAL MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 3 DRIVERS OF THE GLOBAL MEAT SUBSTITUTE MARKET: IMPACT ANALYSIS
TABLE 4 RESTRAINTS OF THE GLOBAL MEAT SUBSTITUTE MARKET: IMPACT ANALYSIS
TABLE 5 TOFU BASED MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 6 TEMPEH BASED MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 7 TVP BASED MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 8 SEITAN BASED MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 9 QUORN BASED MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 10 OTHER PRODUCT TYPES MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 11 FROZEN MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 12 REFRIGERATED MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 13 SHELF-STABLE MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION)
TABLE 14 NORTH AMERICA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY PRODUCT TYPE, 2016 – 2025 ($ MILLION)
TABLE 15 NORTH AMERICA MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY CATEGORY, 2016 – 2025 ($ MILLION)
TABLE 16 EUROPE MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY PRODUCT TYPE, 2016 – 2025 ($ MILLION)
TABLE 17 EUROPE MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY CATEGORY, 2016 – 2025 ($ MILLION)
TABLE 18 ASIA-PACIFIC MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY PRODUCT TYPE, 2016 – 2025 ($ MILLION)
TABLE 19 ASIA-PACIFIC MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY CATEGORY, 2016 – 2025 ($ MILLION)
TABLE 20 REST OF THE WORLD MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY PRODUCT TYPE, 2016 – 2025 ($ MILLION)
TABLE 21 REST OF THE WORLD MEAT SUBSTITUTE MARKET SIZE AND FORECAST, BY CATEGORY, 2016 – 2025 ($ MILLION)
TABLE 22 KELLOGG NA CO.: COMPANY SNAPSHOT
TABLE 23 MGP INGREDIENTS, INC.: COMPANY SNAPSHOT
TABLE 24 SONIC BIOCHEM EXTRACTIONS LTD.: COMPANY SNAPSHOT
TABLE 25 AMY’S KITCHEN, INC.: COMPANY SNAPSHOT
TABLE 26 BEYOND MEAT: COMPANY SNAPSHOT
TABLE 27 MARLOW FOODS LTD: COMPANY SNAPSHOT
TABLE 28 BOULDER BRANDS USA INC.: COMPANY SNAPSHOT
TABLE 29 MEATLESS BV: COMPANY SNAPSHOT
TABLE 30 QUORN: COMPANY SNAPSHOT
TABLE 31 VBITES FOODS LIMITED: COMPANY SNAPSHOT

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