Global Meat Substitutes Market is expected to reach USD 6.82 Billion at a CAGR of over 6% during 2023-2028. The major factors such as consumers consciousness regarding the increase in obesity levels, rising health consciousness among consumers, rising number of vegetarians and increasing demand for soy-based meat substitutes. Based on category, in 2022, the frozen meat substitutes segment accounted for the largest share due to changes in buying outlines, with consumers moving from small grocery shops to hyper and supermarkets in emerging economies. In 2022, Europe & CIS accounted for the largest share of the meat substitutes market due to increasing health-conscious customers and increasing occurrences of diseases such as high-blood pressure, diabetes and constipation. The major key players in the market are DuPont, ADM, Quorn Foods and many more.
Some of the leading players in the Global Meat Substitutes market are The Nisshin Ollio Group, MGP Ingredients, ADM, Meatless, VBites, Sonic Biochem Limited, MGP Ingredients, Beyond Meat, Amy’s Kitchen, Quorn Foods etc.
Objective of the Study
- To analyse and forecast the market size of Meat Substitutes, in terms of value and volume.
- To classify and forecast Global Meat Substitutes based on type, source, category and regional distribution.
- To identify drivers and challenges for Global Meat Substitutes.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Meat Substitutes.
- To conduct the pricing analysis for Meat Substitutes.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Meat Substitutes.
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marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of manufacturers across the globe. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research could include the manufacturers which could not be identified due to the limitations of secondary research. marketinsights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
marketinsights Research calculated the market size of global
Key Target Audience
- Meat substitutes manufacturers
- Raw material suppliers
- Distributors and traders
- End users
- Food Retailers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2022 |
Historical Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Segments covered | · Type· Source· Category |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia |
Key companies profiled | The Nisshin Ollio Group, MGP Ingredients, ADM, Meatless, VBites, Sonic Biochem Limited, MGP Ingredients, Beyond Meat, Amy’s Kitchen, Quorn Foods. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, Global Meat Substitutes market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Global Meat Substitutes Market, By Type
- Soy Products
- Quorn
- Tempeh
- Tofu
- Seitan
- Others
- Global Meat Substitutes Market, By Source
- Soy
- Wheat
- Mycoprotein
- Others
- Global Meat Substitutes Market, By Category
- Frozen
- Refrigerated
- Shelf-Stable
- Global Meat Substitutes Market, By Region
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles
found at Customizations
With the given market data, marketinsights Research offers customizations according the company’s specific needs. The following customization options are found at for the report
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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