The global meat substitute market is estimated to progress with a CAGR of 14.00% during the forecast period of 2023 to 2032. Get more insights into our blog
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Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026. Meat substitutes are meat analogues or meat alternatives, such as textured vegetable protein, Mycoprotein, Tofu Ingredients, and soy protein, which have a meat-like look and include nutrients present in meat.
the mounting investments being made in plant-based protein ingredients will help the meat substitutes market prosper during 2021–2030. According to P&S Intelligence, the market generated $2 billion revenue in 2020. Additionally, the increasing consumer preference for a vegan diet will also steer more people toward meat substitutes. This shift toward a vegan diet can be credited to the growing public awareness about clean eating, healthy lifestyle, weight management, and sustainability. For example, 560,000 people participated in the Veganuary Campaign, where people consumed vegan foods throughout January, in 2021.
Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026. Meat substitutes are meat analogues or meat alternatives, such as textured vegetable protein, Mycoprotein, Tofu Ingredients, and soy protein, which have a meat-like look and include nutrients present in meat. Frozen, refrigerated, and shelf-stable foods are examples of these options. Frozen meat substitutes are the most common use. When compared to meat products, meat alternatives are less likely to cause food illness or contamination.
Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026. Meat substitutes are meat analogues or meat alternatives, such as textured vegetable protein, Mycoprotein, Tofu Ingredients, and soy protein, which have a meat-like look and include nutrients present in meat.
Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026. Meat substitutes are meat analogues or meat alternatives, such as textured vegetable protein, Mycoprotein, Tofu Ingredients, and soy protein, which have a meat-like look and include nutrients present in meat.
Global Meat Substitute Market is expected to attain a market size of $6.5 billion by 2023, growing at a CAGR of 5.9% during the forecast period. Full report - https://kbvresearch.com/global-meat-substitutes-market/
The Global Meat Substitute Market is projected to reach $xx billion by 2032, registering a CAGR of 14% during the forecast period 2023-2032. Read our latest PR. https://inkwoodresearch.com/global-meat-substitute-market/
Meat Substitute market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Meat Substitute market will be able to gain the upper hand as they use the report as a powerful resource.
The demand for meat substitutes is high in developed markets, such as the US and Europe, due to the health benefits offered by sources of meat substitutes, such as soy and the rising health awareness among people. https://www.marketsandmarkets.com/Market-Reports/meat-substitutes-market-979.html
Title: Matrix Environmental Incorporated Author: Madison Chemical Last modified by: Royal Created Date: 4/1/2003 1:42:15 PM Document presentation format
Big Market Research announces addition of report “World Meat Substitute Market - Opportunities and Forecasts, 2014 - 2020)” Report Available @ http://www.bigmarketresearch.com/meat-substitute-market Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis. Meat substitutes are products that resemble actual meat in terms of taste, flavor, and appearance, but are healthier as compared to meat. Such products are increasingly being used as substitutes for regular meat and meat products. They are primarily composed of ingredients such as soy, wheat, and others. Tofu is amongst the most popular meat substitute and is widely used as an alternative for pork, chicken, beef, and other meats. Europe and North America are amongst the biggest markets of meat substitutes; however Asia-Pacific is the fastest growing market.
The meat substitutes market is projected to grow from USD 4.6 billion in 2018 to USD 6.4 billion by 2023, recording a CAGR of 6.8% during the forecast period. This is attributed to the growing health concerns among consumers and increasing preference for vegan food due to their various health benefits. Furthermore, rising obesity levels due to the consumption of meat and meat products have led to an increasing consumer preference for meat substitutes.
A vegan diet fits well into an athlete’s training plan as it tends to be higher in carbohydrates, which is essential for athletes. Vegan sources of protein include quinoa, peanut butter, protein-enriched pasta, brown rice, tofu, soymilk, nuts, tempeh, beans, and peas.
A recent market study published by Future Market Insights on the meat substitutes market offers global industry analysis for 2013 - 2018 & opportunity assessment for 2019 - 2026
Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis. Check complete report @ http://www.marketintelreports.com/report/allied0100/world-meat-substitute-market--opportunities-and-forecasts-2014--2020
The Global Meat Substitutes Market is expected to attain a market size of $6.5 billion by 2023, growing at a CAGR of 5.9% during the forecast period. Consuming meat is an essential part of life for many people. Full report: https://kbvresearch.com/global-meat-substitutes-market/
The global meat substitutes market size is accounted to grow at a significant CAGR of over 11% during the forecast period 2021 to 2027. The increasing consumer awareness regarding health and weight management is a primary factor to drive the market growth. Moreover, the increasing demand in developing economies is further expected to drive the market. Furthermore, the need for an additional protein source in diet and the increasing consumption of meal replacement and on-the-go snacks is expected to fuel the market growth over the forecast period. However, the rising prevalence of diseases associated with meat consumption and increasing incidence of obesity are some factor to restrain the market growth.
Owing to the rise in living standards, rising health awareness, outbreak of animal disease, and ethics, that is, not to kill the animals or the concern towards the animals are driving the people to be vegetarian, which in turn is fuelling the demand for the meat substitutes market.
A meat substitute or meat analogue, approximates certain aesthetic major qualities such as texture, appearance and flavour or chemical characteristics of a specific meat. The main source of meat substitutes are soybeans (such as tofu and tempeh), gluten, or peas etc.
A meat equivalent, also called a meat substitute, estimates certain visual qualities (primarily texture, flavour and appearance) or chemical characteristics of specific types of meat. Many equivalents are plant-based and soy-based (tofu or tempeh as vegetables), gluten-based ( seitan ) or pea-based. The meat in any recipe can be replaced with one of these plant-based options. Read more: https://axiommrc.com/product/1668-global-meat-substitute-market-report/?utm_source=pr&utm_medium=Priyanka
Title: Goat Economics Author: North Carolina State University Last modified by: Geoff Benson Created Date: 2/8/1998 4:54:40 PM Document presentation format
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Meat Alternates Market size is estimated to reach $8.7 billion by 2027 and it is expected to grow at a CAGR of 12.3% over the forecast period of 2022-2027
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The global meat products market is projected to reach USD 68.9 billion by 2028 from the 2023 valuation of USD 44.3 billion, displaying a promising CAGR of 9.2%.
The global meat products market is projected to reach USD 68.9 billion by 2028 from the 2023 valuation of USD 44.3 billion, displaying a promising CAGR of 9.2%.
Plant-based meat refers to food products that replicate the taste, texture, and appearance of conventional meat but are made entirely from plant ingredients. These alternatives are designed to mimic the experience of eating meat while being sourced from plants such as soy, peas, mushrooms, or wheat protein. They often contain various added ingredients and flavors to emulate the taste and mouthfeel of real meat. People choose plant-based meat for various reasons, including health, environmental concerns, and animal welfare, as it offers a way to enjoy familiar meat-based dishes while relying on plant-based ingredients.
Increase in awareness related to health, rising obesity in the urban population and the diseases associated with obesity, increasing in deaths caused by obesity and increasing need for a healthy and environmentally friendly meat substitutes are key factors contributing to high CAGR of Plant-based Meat during forecast period.
The study claims that the increasing popularity of cruelty-free alternatives to animal-based meat products will enhance the adoption rate of clean meat over the next ten years.
The global plant-based meat market is estimated to be valued at USD 7.9 billion in 2022. It is projected to reach USD 15.7 billion by 2027, with a CAGR of 14.7%, in terms of value between 2022 and 2027.
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The global plant-based food and beverage market is growing at a CAGR of 10.91% and is expected to reach $84914.17 million, during the forecast period 2023-2030
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Salt substitutes market report categorizes the global market by product type (Mineral Salts, Amino Acids, Yeast Extracts, Hydrolyzed Vegetable Protein, and Others) and by application (Dairy and Frozen Foods, Bakery and Confectionery, Sauce, Seasoning and Snacks, Fresh Meat Products, and Others) and by geography. Report includes, global industry insights till 2025