What is the size of the global meat substitute market?

The global meat substitute market size was estimated at USD 5,477.7 million in 2020 and is expected to reach USD 8,823.6 million by 2027.

What is the meat substitute market growth?

The global meat substitute market is expected to advance at a compound annual growth rate of 7.2% from 2021 to 2027 to reach USD 8,823.6 million by 2027.

Which source segment dominated the global meat substitute market?

The soy-based segment dominated the global market and accounted for the largest revenue share of more than 65.2% in 2020.

Which region accounted for the largest meat substitute market share?

Europe dominated the meat substitute market and accounted for the largest revenue share of over 38.9% in 2020.

Which region is the fastest-growing region in the global market of meat substitutes?

Asia Pacific is the fastest-growing region with a CAGR of 9.4%, during the forecast period, 2021-2027.

Who are the key players in the meat substitute market?

The leading manufacturers of meat substitutes in the global market include Garden Protein International, Inc., Amy’s Kitchen, Cauldron Foods, BeyondMeat, VBites Foods Ltd., Kellogg Company, Sonic Biochem Extractions Limited, Archer-Daniels-Midland, Meatless B.V., and MGP Ingredients.

What are the factors driving the meat substitute market?

Key factors driving the meat substitute market growth include an increase in the obese population, environmental sustainability, and animal welfare, surge in demand for clean label and natural products are some of the factors that will increase the demand for meat substitute during the forecast period.

What is the size of the global meat substitute market?

The global meat substitute market size was estimated at USD 5,477.7 million in 2020 and is expected to reach USD 8,823.6 million by 2027.

What is the meat substitute market growth?

The global meat substitute market is expected to advance at a compound annual growth rate of 7.2% from 2021 to 2027 to reach USD 8,823.6 million by 2027.

Which source segment dominated the global meat substitute market?

The soy-based segment dominated the global market and accounted for the largest revenue share of more than 65.2% in 2020.

Which region accounted for the largest meat substitute market share?

Europe dominated the meat substitute market and accounted for the largest revenue share of over 38.9% in 2020.

Which region is the fastest-growing region in the global market of meat substitutes?

Asia Pacific is the fastest-growing region with a CAGR of 9.4%, during the forecast period, 2021-2027.

Who are the key players in the meat substitute market?

The leading manufacturers of meat substitutes in the global market include Garden Protein International, Inc., Amy’s Kitchen, Cauldron Foods, BeyondMeat, VBites Foods Ltd., Kellogg Company, Sonic Biochem Extractions Limited, Archer-Daniels-Midland, Meatless B.V., and MGP Ingredients.

What are the factors driving the meat substitute market?

Key factors driving the meat substitute market growth include an increase in the obese population, environmental sustainability, animal welfare, surge in demand for clean labels, and natural products are increasing the demand for meat substitutes during the forecast period.

Meat Substitute Market 2021

Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2027

Meat Substitute Market by Product Type (Tofu-Based, Tempeh-Based, TVP-Based, Seitan-Based, Quorn), by Source (Soy-Based, Wheat-Based, Mycoprotein, and Others), by Category (Frozen, Refrigerated), by Region – Global Share and Forecast to 2027

Region: Global | Format: Word, PPT, Excel | Report Status: Published

Meat Substitute Market

Meat Substitute Market 2021

Meat Substitute Market by Product Type (Tofu-Based, Tempeh-Based, TVP-Based, Seitan-Based, Quorn), by Source (Soy-Based, Wheat-Based, Mycoprotein, and Others), by Category (Frozen, Refrigerated), by Region – Global Share and Forecast to 2027

Meat Substitute Market by Product Type (Tofu-Based, Tempeh-Based, TVP-Based, Seitan-Based, Quorn), by Source (Soy-Based, Wheat-Based, Mycoprotein, and Others), by Category (Frozen, Refrigerated), by Region – Global Share and Forecast to 2027

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