GlobalMeat Substitute Market 2019Industry Research Report is a professional and in-depth study on the current Market state of the Global Meat Substitute industry withCAGRstatus5.8% 2019-2023. This report studies the Meat Substitute market size by players, regions, product types and end industries, and forecast data 2019-2023; Report also includes the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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For competitor segment, the Meat Substitute Market report includes global key players of fixed anode Meat Substitute as well as some small players.
The information for each competitor includes:
Description of Meat Substitute Market:Market InsightsThe global meat substitute market is expected to register a CAGR of 5.8% during the forecast period, 2019-2023. Currently, the global campaign of go vegetarian is the most powerful influencer of the demand for such products. Health benefits of this cholesterol-free protein, with meat-like texture, is the main factor promoting the growth of meat substitute products. Soy-based products such as tofu, miso, yaso, natto, and seitan are fast becoming popular among consumers. For market growth, product innovation and artificial meat taste are incorporated in the meat substitute products.• Soylent is a brand that launched a new product like chewable nutrition bar. The food bar is nut-free, vegan, and lactose-free, and uses soy protein, algal flour, beet sugar, and other vitamins and minerals. Sporting a label of “food bar,” the new product promises to fill 12.5 percent of a persons daily caloric needs.• Development of nutrient supplements like FortiSoy™ for infant nutrition and other products for pregnant women, have helped increase the health profile of both mother and child.• California start-up brings meatless burger to Asia: Impossible Foods, which makes a product that tastes like ground beef, but is made from plants, is on the road to diversify its product portfolio to include something similar to steak. The companys new target will be Asia, after gaining attention for its food technology in Silicon Valley, where it attracted funds from big names.Veganism is the New FadVeganism is trending, as people are up to find that the plant-based proteins are complete proteins, if eaten in the right combination for the right body type. They can work better than animal protein, mainly because of the absence of hormones and enzymes. Going vegan and consuming plant protein, has shown extraordinary results in reduction of cholesterol, treating PCOS and preventing menopausal complications. Around 13% of the millennial are vegetarians and 4% are vegans who avoid dairy products, thus, resulting in increased demand for the most suitable alternative like soy and pea protein. These inclination trends towards plant-based diet are associated with different factors, such as sustainability issue, health awareness, ethical or religious views, environmental and animal rights.Soy-based Meat Substitutes are the Most PopularSoy is the most common source of meat substitutes in Asia-Pacific. Increasing demand for tofu from food service and beverage manufacturers depicts its popularity. Soy-based products are rich in amino acids, vitamins, fibers, omega-3, and flavones, in addition to being cholesterol-free and low in saturated fat. Soya meat is extremely rich in protein, with a protein content over 50%. Owing to these advantages, soy-based meat substitutes are anticipated to increase their market presence. A hydrolyzed or textured soy “veggie” burger is a meat analogue, mostly because the taste and texture is similar to meat. The transition from animal protein to plant protein can be possible only in a gradual, smooth and orderly fashion by utilizing high protein mixture, isolated protein and concentrated proteins from plant sources. Soy meat alternatives are closer to the taste and texture of meat, than in the past, because of newer technology. These developments have led to increased demand of these substitutes from the consumers.Asia-Pacific is the Fastest Growing RegionEurope is the largest market for meat substitute products, by revenue, accounting for 39% of the global market share. Asia-Pacific is the fastest-growing region registering a 5.3% CAGR, due to the huge support from the large population, rising urbanization, increasing incomes and rapid adaptation of processed foods in the market.Quorn Foods Ltd., Amys Kitchen, Inc., and Cauldron Foods Have a Dominant PresenceMajor Players – AMYS KITCHEN INC., BEYOND MEAT, BLUE CHIP GROUP, CAULDRON FOODS, GARDEN PROTEIN INTERNATIONAL INC., IMPOSSIBLE FOODS, MEATLESS BV, MGP INGREDIENTS INC., MORNINGSTAR FARMS, NISSHIN OLLIO GROUP, QUORN FOODS, SONIC BIOCHEM EXTRACTIONS LTD, THE NISSHIN OLLIO GROUP LTD and VBITES FOODS LTD, among others.There is moderate competition in the meat substitute market. The top global players account for majority of the market share, with the rest being fragmented among small and regional players, across the world. The market entry for new players is moderately difficult, due to the availability of high number of alternatives in the market. New product launches that include innovative flavors, textures, organic, and non-GMA products, and mergers and acquisitions with local players have been strong business strategies for market growth. Various players are entering the market, to tap the untapped potential of the region. An advanced distribution network gives an upper edge to the manufacturers.
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Global Fixed anode Meat Substitute Market Report 2019 – Market Size, Share, Price, Trend, and Forecast is a professional and in-depth study on the current state of the global fixed anode Meat Substitute industry. The key insights of the report:
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Major Points from Table of Contents for Meat Substitute Market 2019:
Part 1 Industry Overview1.1 Meat Substitute Industry1.1.1 Meat Substitute Market Development1.1.2 Terminology Definition in the Report1.1.2.1 Production1.1.2.2 Meat Substitute Industry Demand1.1.2.3 Meat Substitute Market Sales Revenue1.1.2.4 Ex-factory Price and Sales Price1.1.2.5 Cost1.1.2.6 Meat Substitute Market Gross Margin1.2 Meat Substitute Market Products and Services Scope1.3 Industry Chain1.4 Industry Dynamics and Regulations1.5 Global Market Overview
Part 2 Upstream and Production2.1 Raw Materials / Components2.2 Procurement Methods and Channels2.3 Meat Substitute Market Cost Structure and Manufacturing2.4 Industry Capacity2.5 Meat Substitute Market Production Distribution by Geography2.5.1 Production in Major Regions / Countries2.5.2 Trade Flow Overview
Part 3 Product Segment3.1 Introduction by Type3.2 Meat Substitute Market Status
Part 4 Application / End-User Segment
4.1 Introduction by Application4.1.1 Pharmaceuticals4.1.2 Additives4.1.3 Scientific Research4.2 Market Status
Part 5 Regional Market
Part 6 Meat Substitute Market Subdivision
6.1 Regional Production6.1.1 Production by Type
6.2 Regional Demand
6.2.1 Demand by Type
6.2.2 Demand by Application
6.2.3 Additives Demand by Region6.2.4 Scientific Research Demand by Region
Part 7 Meat Substitute Market Forecast7.1 Global Forecast7.2 Forecast by Type7.3 Forecast by Application7.4 Forecast by Region
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