India Meat Substitutes Market, By Product (Quorn, Tempeh, Tofu, Seitan and others), By Source (Soy, Wheat, Pea and Others), By Type (Concentrates, Isolates, Textured), By Form (Solid Vs Liquid), By Company, By Region, Forecast & Opportunities, FY2016-FY2026
India meat substitutes market is estimated to reach over USD45 million in value terms by the end of FY2026 and is forecast to grow at CAGR of 7.48% during FY2021E-FY2026F. The India meat substitutes market is driven by rising health concerns coupled with growing awareness about various diseases caused due to lack of proteins among consumers. Also, the increasing vegetarian population in India is expected to bolster the market growth over the next few years. Growing demand for plant-based meat products among the population is further aiding the growth of the India meat substitutes market over the coming years.
The India meat substitutes market is segmented based on product, source, type, form, company and region. Based on form, the market can be categorized into solid and liquid. Out of which, the solid segment dominated the India meat substitutes market until FY2020 and is forecast to maintain its lead during the forecast period as well, attributing to high preference by food manufacturers owing to their ease of usage and their ability to preserve flavor and color of food products.
Based on type, the concentrates segment is projected to witness the highest growth in the meat substitutes market during the forecast period as it offers high protein content and low levels of calories.
The major players operating in the India meat substitutes market are Sonic Biochem Limited, ADM Agro Industries India Private Limited, DuPont India, Roquette India Private Limited, Kerry Ingredients India Private Limited, Axiom ingredients and health foods private limited, Ingredion India Private Limited, Cargill India Private Limited and others.
Years considered for this report:
TechSci Research calculated the market size of India meat substitutes market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
Report Scope:
In this report, India meat substitutes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in India meat substitutes market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
The India meat substitutes market is segmented based on product, source, type, form, company and region. Based on form, the market can be categorized into solid and liquid. Out of which, the solid segment dominated the India meat substitutes market until FY2020 and is forecast to maintain its lead during the forecast period as well, attributing to high preference by food manufacturers owing to their ease of usage and their ability to preserve flavor and color of food products.
Based on type, the concentrates segment is projected to witness the highest growth in the meat substitutes market during the forecast period as it offers high protein content and low levels of calories.
The major players operating in the India meat substitutes market are Sonic Biochem Limited, ADM Agro Industries India Private Limited, DuPont India, Roquette India Private Limited, Kerry Ingredients India Private Limited, Axiom ingredients and health foods private limited, Ingredion India Private Limited, Cargill India Private Limited and others.
Years considered for this report:
- Historical Years: FY2016-FY2019
- Base Year: FY2020
- Estimated Year: FY2021
- Forecast Period: FY2022–FY2026
- To analyze the historical growth in the market size of India meat substitutes market from FY20216 to FY2020.
- To estimate and forecast the market size of India meat substitutes market from FY2021 to FY2026 and growth rate until FY2026.
- To classify and forecast India meat substitutes based on product, source, type, form, company and regional distribution.
- To identify dominant region or segment in the India meat substitutes market.
- To identify drivers and challenges for India meat substitutes market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India meat substitutes market.
- To conduct pricing analysis for India meat substitutes market.
- To identify and analyze the profile of leading players operating in the India meat substitutes market.
- To identify key sustainable strategies adopted by market players in the India meat substitutes market.
TechSci Research calculated the market size of India meat substitutes market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Meat substitutes distributors and manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to meat substitutes
Report Scope:
In this report, India meat substitutes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Meat Substitutes Market, By Product:
- Quorn
- Tempeh
- Tofu
- Seitan
- Others
- India Meat Substitutes Market, By Source:
- Soy
- Wheat
- Pea
- Others
- India Meat Substitutes Market, By Type:
- Concentrates
- Isolates
- Textured
- India Meat Substitutes Market, By Form:
- Solid
- Liquid
- India Meat Substitutes Market, By Region:
- North
- East
- West
- South
Company Profiles: Detailed analysis of the major companies present in India meat substitutes market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW
2. RESEARCH METHODOLOGY
3. IMPACT OF COVID-19 ON INDIA MEAT SUBSTITUTES MARKET
4. EXECUTIVE SUMMARY
5. VOICE OF CUSTOMERS/CUSTOMER INSIGHTS
6. INDIA MEAT SUBSTITUTES MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product (Quorn, Tempeh, Tofu, Seitan and Others)
6.2.2. By Source (Soy, Wheat, Pea and Others)
6.2.3. By Type (Concentrates, Isolates and Textured)
6.2.4. By Form (Solid Vs Liquid)
6.2.5. By Region (North, South, East, West)
6.2.6. By Company
6.3. Product Market Map (By Type and Region)
7. NORTH INDIA MEAT SUBSTITUTES MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Source
7.2.3. By Type
7.2.4. By Form
8. SOUTH INDIA MEAT SUBSTITUTES MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Source
8.2.3. By Type
8.2.4. By Form
9. EAST INDIA MEAT SUBSTITUTES MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Source
9.2.3. By Type
9.2.4. By Form
10. WEST INDIA MEAT SUBSTITUTES MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Source
10.2.3. By Type
10.2.4. By Form
11. MARKET DYNAMICS
11.1. Drivers/Opportunities
11.2. Challenges/Restraints
12. MARKET TRENDS & DEVELOPMENTS
13. POLICY & REGULATORY LANDSCAPE
14. INDIA ECONOMIC PROFILE
15. COMPETITIVE LANDSCAPE
15.1. Company Profiles
15.1.1. Sonic Biochem Limited
15.1.2. ADM Agro Industries India Private Limited
15.1.3. DuPont India Private Limited
15.1.4. Roquette India Private Limited
15.1.5. Kerry Ingredients India Private Limited
15.1.6. Axiom Ingredients and health foods private limited
15.1.7. Ingredion India Private Limited
15.1.8. Cargill India Private Limited
16. STRATEGIC RECOMMENDATIONS
17. ABOUT US & DISCLAIMER
2. RESEARCH METHODOLOGY
3. IMPACT OF COVID-19 ON INDIA MEAT SUBSTITUTES MARKET
4. EXECUTIVE SUMMARY
5. VOICE OF CUSTOMERS/CUSTOMER INSIGHTS
6. INDIA MEAT SUBSTITUTES MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product (Quorn, Tempeh, Tofu, Seitan and Others)
6.2.2. By Source (Soy, Wheat, Pea and Others)
6.2.3. By Type (Concentrates, Isolates and Textured)
6.2.4. By Form (Solid Vs Liquid)
6.2.5. By Region (North, South, East, West)
6.2.6. By Company
6.3. Product Market Map (By Type and Region)
7. NORTH INDIA MEAT SUBSTITUTES MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Source
7.2.3. By Type
7.2.4. By Form
8. SOUTH INDIA MEAT SUBSTITUTES MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Source
8.2.3. By Type
8.2.4. By Form
9. EAST INDIA MEAT SUBSTITUTES MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Source
9.2.3. By Type
9.2.4. By Form
10. WEST INDIA MEAT SUBSTITUTES MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Source
10.2.3. By Type
10.2.4. By Form
11. MARKET DYNAMICS
11.1. Drivers/Opportunities
11.2. Challenges/Restraints
12. MARKET TRENDS & DEVELOPMENTS
13. POLICY & REGULATORY LANDSCAPE
14. INDIA ECONOMIC PROFILE
15. COMPETITIVE LANDSCAPE
15.1. Company Profiles
15.1.1. Sonic Biochem Limited
15.1.2. ADM Agro Industries India Private Limited
15.1.3. DuPont India Private Limited
15.1.4. Roquette India Private Limited
15.1.5. Kerry Ingredients India Private Limited
15.1.6. Axiom Ingredients and health foods private limited
15.1.7. Ingredion India Private Limited
15.1.8. Cargill India Private Limited
16. STRATEGIC RECOMMENDATIONS
17. ABOUT US & DISCLAIMER
LIST OF FIGURES
Figure 1: India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 2: India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 3: India Meat Substitutes Market Share, By Source, By Value, FY2016–FY2026F
Figure 4: India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 5: India Meat Substitutes Market Share, By Form, By Value, FY2016–FY2026F
Figure 6: India Meat Substitutes Market Share, By Region, By Value, FY2020
Figure 7: India Meat Substitutes Market Share, By Company, By Value, FY2020
Figure 8: India Meat Substitutes Market Product Map, By Type, By Value, FY2021E-FY2026F
Figure 9: India Meat Substitutes Market Product Map, By Region, By Value, FY2021E-FY2026F
Figure 10: North India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 11: North India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 12: North India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 13: North India Meat Substitutes Market Share, By Type, By Value, FY2016–FY2026F
Figure 14: North India Meat Substitutes Market Share, By Form, By Value, FY2016–FY2026F
Figure 15: South India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 16: South India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 17: South India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 18: South India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 19: South India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 20: South India Meat Substitutes Market Share, By Region, By Value, FY2016–FY2026F
Figure 21: East India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 22: East India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 23: East India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 24: East India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 25: East India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 26: East India Meat Substitutes Market Share, By Region, By Value, FY2016–FY2026F
Figure 27: West India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 28: West India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 29: West India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 30: West India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 31: West India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 32: West India Meat Substitutes Market Share, By Region, By Value, FY2016–FY2026F
Figure 1: India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 2: India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 3: India Meat Substitutes Market Share, By Source, By Value, FY2016–FY2026F
Figure 4: India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 5: India Meat Substitutes Market Share, By Form, By Value, FY2016–FY2026F
Figure 6: India Meat Substitutes Market Share, By Region, By Value, FY2020
Figure 7: India Meat Substitutes Market Share, By Company, By Value, FY2020
Figure 8: India Meat Substitutes Market Product Map, By Type, By Value, FY2021E-FY2026F
Figure 9: India Meat Substitutes Market Product Map, By Region, By Value, FY2021E-FY2026F
Figure 10: North India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 11: North India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 12: North India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 13: North India Meat Substitutes Market Share, By Type, By Value, FY2016–FY2026F
Figure 14: North India Meat Substitutes Market Share, By Form, By Value, FY2016–FY2026F
Figure 15: South India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 16: South India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 17: South India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 18: South India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 19: South India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 20: South India Meat Substitutes Market Share, By Region, By Value, FY2016–FY2026F
Figure 21: East India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 22: East India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 23: East India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 24: East India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 25: East India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 26: East India Meat Substitutes Market Share, By Region, By Value, FY2016–FY2026F
Figure 27: West India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 28: West India Meat Substitutes Market Share, By Product, By Value, FY2016–FY2026F
Figure 29: West India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 30: West India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 31: West India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 32: West India Meat Substitutes Market Share, By Region, By Value, FY2016–FY2026F