The Global Meat Substitutes Market is expected to hold significant share in terms of revenue as it has impacted several adjuvant industries over the past decades. Strong economic growth especially in emerging countries is holding sway in the market. In addition to this, rapid lifestyle transformation and rising preference towards healthy food has emerged as a boon to Meat Substitutes market. Now-a-days consumers are more concerned about the quality and ingredients of food consumed.
Novel technological changes are intended to take this industry to new heights. Furthermore, introduction of cost-effective equipment is expected to revolutionize processes in the Global Meat Substitutes Market. Also, innovative packaging techniques will help the market players gain a strong footprint in the coming years. Rising disposable income among people in emerging countries is another factor driving the market.
- Vegetables (Peas, Carrot, Mushroom, Potato, Cauliflower, and Others)
By Product Types
- Texturized Vegetable Proteins
- Other meat substitutes
By Distribution Channel
- North America (USA, Canada, and Mexico)
- Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Vietnam, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (South Africa and Rest of MEA)
Technology is one of the biggest disruptors in the food and beverage sector and companies are continuously adopting these technologies to stay ahead of competition. Automation is hitting food retail sector. In the coming years, robots are expected to prepare food and simultaneously ensure food safety. The food and beverage industry is undergoing numerous changes with changing consumer preferences and rising number of food and beverage start-ups. This information has been published by fortune Business Insights in a report, titled Meat Substitutes Market Size, Share and Global Trend By Source (Wheat, Soybean, Mycoproteins, Vegetables), Category (Frozen, Shelf-stable), Product Types (Seitan, Tofu, Tempeh, Quorn, Texturized Vegetable Proteins), Distribution Channel (B2B, B2C) and Geography Forecast till 2026
Top Leaders Overview:
Some of the leading players operating in the global market includes;
- Conagra Brands
- Atlantic Natural Foods LLC
- Taifun-Tofu GmbH
- Amy’s Kitchen Inc.
- Lightlife Foods Inc.
- Impossible Foods Inc.
- Turtle Island Foods, Inc.
- Hain Celestial Group
- Schouten Europe B.V.
- Beyond Meat Inc.
- Kraft Heinz Company
- Pacific Foods of Oregon, Inc.
- VBites Food ltd.
- Monde Nissin Corporation
- Sweet Earth, Inc.
- Kellogg Company
Major Table of Content For Meat Substitutes Market:
- Executive Summary
- Market Dynamics
- Key Insights
- 5. Global Meat Substitutes Market Analysis, Insights and Forecast