The Meat Substitutes market is expected to grow from USD 3,330.41 million by 2026 at a CAGR of 11.86% from 2026 to 2030.
The global meat substitutes market is increasing at a robust pace in recent times. Use of tofu in a diversity of food preparations has created fresh opportunities for development across the worldwide market. Furthermore, rising predisposition of the masses towards vegan and vegetarian food habits has also shaped new development opportunities. Therefore, the next decade is scheduled to witness the inflow of voluminous revenues within the global market. Manufacturing of meat substitutes has occupied a new turn as food research attracts improved investments. Chefs resort to the use of meat substitutes for guests who prefer distinct tastes in vegan diets. A varied range of foods can be used as meat substitutes, and the significance of these items in cuisine scholarships has played a key role in market growth. Mushrooms have developed as the most viable substitute for meat in a multitude of dishes. They are often used with rice and pasta in order to impart a sapid taste. Additionally, gravies made from seitan, lentils, and beans have also become extremely popular amongst the masses. This factor, coupled with the use of tempeh in residential cooking, has frolicked an integral role in driving demand. Various companies sell frozen mushrooms that can readily use in a variety of dishes.
The global market is segregated on the basis of Application as Seitan, Quorn, Other products, Tofu, and Tempeh. Based on Form the global market is segmented in Liquid and Solid. Based on Source the global market is segmented in Wheat protein, Pea protein, Soy protein, and Other Sources.
Based on Type, the global market is segmented in Isolates, Textured, and Concentrates.
The global market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Archer Daniels Midland Company (US), DuPont (US), Roquette Frères (France), Kerry (Ireland), Ingredion (US), Sotexpro S.A (France), CRESPEL & DEITERS (Germany), CHS INC. (US), Suedzucker (Germany), MGP Ingredient (US), Puris (US), and others are among the major players in the global market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Meat Substitutes market has been segmented as below:
By Application
By Form
By Source
By Type
By Region
By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Meat Substitutes market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global market share. Major industry players with significant revenue share include Archer Daniels Midland Company (US), DuPont (US), Roquette Frères (France), Kerry (Ireland), Ingredion (US), Sotexpro S.A (France), CRESPEL & DEITERS (Germany), CHS INC. (US), Suedzucker (Germany), MGP Ingredient (US), Puris (US), and others.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Seitan
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Quorn
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Other products
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Tofu
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Tempeh
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6.1 Introduction
6.2 Liquid
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Solid
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7.1 Introduction
7.2 Wheat protein
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Pea protein
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Soy protein
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Other Sources
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8.1 Introduction
8.2 Isolates
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Textured
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Concentrates
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9.1 Introduction
9.2 North America
9.2.1 North America Market, By Application
9.2.2 North America Market, By Form
9.2.3 North America Market, By Source
9.2.4 North America Market, By Type
9.3 Europe
9.3.1 Europe Market, By Application
9.3.2 Europe Market, By Form
9.3.3 Europe Market, By Source
9.3.4 Europe Market, By Type
9.4 Asia-Pacific
9.4.1 Asia-Pacific Market, By Application
9.4.2 Asia-Pacific Market, By Form
9.4.3 Asia-Pacific Market, By Source
9.4.4 Asia-Pacific Market, By Type
9.5 Rest of the World
9.5.1 Rest of the World Market, By Application
9.5.2 Rest of the World Market, By Form
9.5.3 Rest of the World Market, By Source
9.5.4 Rest of the World Market, By Type
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
The global Meat Substitutes market has been segmented as below:
By Application
By Form
By Source
By Type
By Region
By Company