Meat Substitute Market by Product Type (Tofu, TVP, Burger Patties, Sausages, Meatballs, Nuggets), Source (Soy Protein, Wheat Protein), and Distribution Channel (Business to Business and Business to Customers) - Global Forecast To 2027
Meat Substitute Market by Product Type (Tofu, TVP, Burger Patties, Sausages, Meatballs, Nuggets), Source (Soy Protein, Wheat Protein), and Distribution Channel (Business to Business and Business to Customers) – Global Forecast to 2027
The research report titled “Meat Substitute Market by Product Type (Tofu, TVP, Burger Patties, Sausages, Meatballs, Nuggets), Source (Soy Protein, Wheat Protein), and Distribution Channel (Business to Business and Business to Customers) – Global Forecast to 2027” provides an in-depth analysis of meat substitute market in five major geographies and emphasizes on the current market trends, market size, recent developments, and forecast till 2027. The meat substitute market is expected to grow at a CAGR of 15.1% from 2020 to 2027 to reach $17.5 billion by 2027.
Factors such as rising intolerance for animal protein, increasing vegan population, and significant venture investments in the plant-based meat products market are the major factors driving the growth of this market. However, the comparatively higher price range of meat substitutes, significant preference for animal-based products, and consumer preference for soy and gluten-free products are expected to hinder the growth of this market to some extent.
The study offers a comprehensive analysis of the overall meat substitute market with respect to product type, source, distribution channel, and geography.
Based on product type, the market is segmented into tofu, TVP, Tempeh, Seitan, burger patties, sausages, ground meat, meatballs, nuggets, crumbles, and others. In 2020, the tofu segment is estimated to hold the largest share of the overall meat substitute market. With its low cost, easy availability, and high nutritional & medicinal value, tofu is expected to dominate the market in the coming years as well.
Based on source, the meat substitute market is segmented into soy protein, wheat protein, almond protein, pea protein, rice protein, and others. In 2020, the soy protein segment is estimated to command the largest share of the overall meat substitute market. The preference for soy ingredients as the key source for meat substitutes is the major driver for this segment.
On the basis distribution channel, the meat substitute market is segmented into business-to-business and business- to-customers. In 2020, the B2C segment is estimated to account for the largest share of the overall meat substitute market due to the rising number of supermarkets & hypermarkets globally and the rise in sales of meat substitutes at these outlets.
On the basis of geography, the global meat substitute market is segmented into North America, Europe, APAC, Latin America, and the Middle and Africa. In 2020, Europe commanded the largest share of the global meat substitute market. The rising awareness for a protein-rich diet, increased health consciousness, higher vegan & vegetarian population, and higher adoption of technological advancements in the F&B industry are the major drivers for the European market.
The key players operating in the global meat substitute market are Beyond Meat Inc. (U.S.), Impossible Foods Inc. (U.S.), Garden Protein International, Inc. (Canada), Amy’s Kitchen Inc. (U.S.), The Hain Celestial Group, Inc. (U.S.), Sahmyook Foods (South Korea), Axiom Foods (U.S.), Lightlife Foods, Inc. (U.S.), Marlow Foods Ltd. (U.K.), Taifun –Tofu GmbH (Germany), Atlantic Natural Foods LLC (U.S.), VBIte Food Ltd (U.K.), and Nutrisoy Pty Ltd. (Australia) among others.
Key questions answered in the report-
Meat Substitute Market, by Product Type
The research report titled “Meat Substitute Market by Product Type (Tofu, TVP, Burger Patties, Sausages, Meatballs, Nuggets), Source (Soy Protein, Wheat Protein), and Distribution Channel (Business to Business and Business to Customers) – Global Forecast to 2027” provides an in-depth analysis of meat substitute market in five major geographies and emphasizes on the current market trends, market size, recent developments, and forecast till 2027. The meat substitute market is expected to grow at a CAGR of 15.1% from 2020 to 2027 to reach $17.5 billion by 2027.
Factors such as rising intolerance for animal protein, increasing vegan population, and significant venture investments in the plant-based meat products market are the major factors driving the growth of this market. However, the comparatively higher price range of meat substitutes, significant preference for animal-based products, and consumer preference for soy and gluten-free products are expected to hinder the growth of this market to some extent.
The study offers a comprehensive analysis of the overall meat substitute market with respect to product type, source, distribution channel, and geography.
Based on product type, the market is segmented into tofu, TVP, Tempeh, Seitan, burger patties, sausages, ground meat, meatballs, nuggets, crumbles, and others. In 2020, the tofu segment is estimated to hold the largest share of the overall meat substitute market. With its low cost, easy availability, and high nutritional & medicinal value, tofu is expected to dominate the market in the coming years as well.
Based on source, the meat substitute market is segmented into soy protein, wheat protein, almond protein, pea protein, rice protein, and others. In 2020, the soy protein segment is estimated to command the largest share of the overall meat substitute market. The preference for soy ingredients as the key source for meat substitutes is the major driver for this segment.
On the basis distribution channel, the meat substitute market is segmented into business-to-business and business- to-customers. In 2020, the B2C segment is estimated to account for the largest share of the overall meat substitute market due to the rising number of supermarkets & hypermarkets globally and the rise in sales of meat substitutes at these outlets.
On the basis of geography, the global meat substitute market is segmented into North America, Europe, APAC, Latin America, and the Middle and Africa. In 2020, Europe commanded the largest share of the global meat substitute market. The rising awareness for a protein-rich diet, increased health consciousness, higher vegan & vegetarian population, and higher adoption of technological advancements in the F&B industry are the major drivers for the European market.
The key players operating in the global meat substitute market are Beyond Meat Inc. (U.S.), Impossible Foods Inc. (U.S.), Garden Protein International, Inc. (Canada), Amy’s Kitchen Inc. (U.S.), The Hain Celestial Group, Inc. (U.S.), Sahmyook Foods (South Korea), Axiom Foods (U.S.), Lightlife Foods, Inc. (U.S.), Marlow Foods Ltd. (U.K.), Taifun –Tofu GmbH (Germany), Atlantic Natural Foods LLC (U.S.), VBIte Food Ltd (U.K.), and Nutrisoy Pty Ltd. (Australia) among others.
Key questions answered in the report-
- What is the current value of revenue generated by the meat substitute business across the globe?
- At what rate the demand for global meat substitutes is projected to grow for the next 5-7 years?
- What is the historical market size and growth rate for meat substitutes across the globe?
- What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing market players and new entrants in the market?
- What impact does the current COVID-19 pandemic have on the meat substitute market?
- How is the investment scenario and venture capital funding trends into the meat substitute market across the globe?
- Which segments, in terms of the product type, source, and distribution channel are creating the major traction for the vendors in this market?
- What are the key geographical trends in this market? Which regions/countries are expected offer significant growth opportunities for the vendors operating in the global meat substitute market?
- Who are the major players in the global meat substitute market? And also, what are their specific product/service offering in this market space?
- What recent developments have taken place in the global meat substitute market and what impact these strategic developments are creating on the global market?
Meat Substitute Market, by Product Type
- Tofu
- TVP
- Tempeh
- Seitan
- Burger Patties
- Sausages
- Ground Meat
- Meatballs
- Nuggets
- Crumbles
- Others
- Soy Protein
- Almond Protein
- Wheat Protein
- Pea Protein
- Rice Protein
- Others
- Business to Business
- Business to Customers
- Modern Groceries
- Convenience Store
- Specialty Store
- Online Retail
- Others
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- RoE
- Asia-Pacific (APAC)
- China
- Japan
- India
- RoAPAC
- Latin America
- Middle East and Africa
1. INTRODUCTION
1.1. Market Definition
1.2. Currency
1.3. Key Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Approach
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. EXECUTIVE SUMMARY
3.1. Introduction
3.2. Segment Analysis
3.2.1. Type Analysis
3.2.2. Source Analysis
3.2.3. Distribution Channel Analysis
3.2.3.1. B2C Distribution Channels Market
3.2.4. Regional Analysis
3.2.5. Competitive Landscape & Market Competitors
4. MARKET INSIGHTS
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Intolerance for Animal Proteins
4.2.2. Growing Preference for Meat Substitute Products
4.2.3. Growing Investments in Meat Substitutes
4.2.4. Increasing Vegan and Vegetarian Population
4.3. Restraints
4.3.1. Expensive Meat Substitutes
4.3.2. Preference for Animal-Based Products
4.3.3. Growing Preference for Soy and Gluten-Free Products
4.4. Opportunities
4.4.1. Emerging Economies
4.5. Trends
4.5.1. Mergers and Acquisitions in the Meat Substitutes Market
5. COVID-19 IMPACT ON THE MEAT SUBSTITUTES MARKET
6. INVESTMENT AND FUNDING SCENARIO IN THE MEAT SUBSTITUTES MARKET
6.1. Introduction
6.2. Investments/Funding Scenario
7. GLOBAL MEAT SUBSTITUTES MARKET, BY TYPE
7.1. Introduction
7.2. Tofu
7.3. Textured Vegetable Protein (TVP)
7.4. Tempeh
7.5. Seitan
7.6. Burger Patties
7.7. Sausages
7.8. Ground Meat
7.9. Meatballs
7.10. Nuggets
7.11. Crumbles
7.12. Other Meat Substitutes
8. GLOBAL MEAT SUBSTITUTES MARKET, BY SOURCE
8.1. Introduction
8.2. Soy Protein
8.3. Wheat Protein
8.4. Pea Protein
8.5. Almond Protein
8.6. Rice Protein
8.7. Other Sources
9. GLOBAL MEAT SUBSTITUTES MARKET, BY DISTRIBUTION CHANNEL
9.1. Introduction
9.2. Business-To-Consumer (B2C)
9.2.1. Modern Groceries
9.2.2. Convenience Stores
9.2.3. Specialty Stores
9.2.4. Online Retail
9.2.5. Others
9.3. Business-To-Business (B2B)
10. MEAT SUBSTITUTES MARKET, BY GEOGRAPHY
10.1. Introduction
10.2. Europe
10.2.1. U.K.
10.2.2. Germany
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. North America
10.3.1. U.S.
10.3.2. Canada
10.4. Asia-Pacific
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. Rest of Asia-Pacific
10.5. Latin America
10.6. Middle East and Africa
11. COMPETITIVE LANDSCAPE
11.1. Introduction
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
12. COMPANY PROFILES (BUSINESS OVERVIEW, PRODUCT PORTFOLIO, FINANCIAL OVERVIEW, AND STRATEGIC DEVELOPMENTS)
12.1. Beyond Meat, Inc.
12.2. Impossible Foods, Inc.
12.3. Garden Protein International Inc. (A Part of Conagra Brands, Inc.)
12.4. Amy's Kitchen, Inc.
12.5. The Hain Celestial Group, Inc.
12.6. Sahmyook Foods
12.7. Axiom Foods, Inc.
12.8. Lightlife Foods, Inc. (A Part of Maple Leaf Foods, Inc.)
12.9. Marlow Foods, Ltd. (Part of Monde Nissin Corporation)
12.10. Taifun-Tofu GmbH
12.11. Atlantic Natural Foods, LLC (Part of Aft Holdings, Inc.)
12.12. Vbites Food, Ltd.
12.13. Nutrisoy Pty, Ltd.
13. APPENDIX
13.1. Questionnaire
13.2. Available Customization
LIST OF TABLES
Table 1 Global Meat Substitutes Market Drivers: Impact Analysis (2020–2027)
Table 2 Global Meat Substitutes Market Restraints: Impact Analysis (2020–2027)
Table 3 Price Comparison between Meat and Meatless Items at Fast-Food Chains
Table 4 List of Recent Mergers and Acquisitions in Meat Substitute Space (2017-2020)
Table 5 Global Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 6 Global Plant-Based Tofu Market Size, by Country/Region, 2018-2027 ($Million)
Table 7 Global Plant-Based TVP Market Size, by Country/Region, 2018-2027 ($Million)
Table 8 Global Plant-Based Tempeh Market Size, by Country/Region, 2018-2027 ($Million)
Table 9 Global Plant-Based Seitan Market Size, by Country/Region, 2018-2027 ($Million)
Table 10 Global Plant-Based Burger Patties Market Size, by Country/Region, 2018-2027 ($Million)
Table 11 Global Plant-Based Sausages Market Size, by Country/Region, 2018-2027 ($Million)
Table 12 Global Plant-Based Ground Meat Market Size, by Country/Region, 2018-2027 ($Million)
Table 13 Global Plant-Based Meatballs Market Size, by Country/Region, 2018-2027 ($Million)
Table 14 Global Plant-Based Nuggets Market Size, by Country/Region, 2018-2027 ($Million)
Table 15 Global Plant-Based Crumbles Market Size, by Country/Region, 2018-2027 ($Million)
Table 16 Global Other Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 17 Global Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 18 Soy Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 19 Wheat Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 20 Pea Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 21 Almond Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 22 Rice Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 23 Other Sources-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 24 Global Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 25 Global B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 26 Global B2C Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 27 Global B2C Meat Substitutes Market for Modern Groceries, by Country/Region, 2018-2027 ($Million)
Table 28 Global B2C Meat Substitutes Market Size for Convenience Stores, By Country/Region, 2018-2027 ($Million)
Table 29 Global B2C Meat Substitutes Market Size for Specialty Stores, By Country/Region, 2018-2027 ($Million)
Table 30 Global B2C Meat Substitutes Market Size for Online Retail, by Country/Region, 2018-2027 ($Million)
Table 31 Global B2C Meat Substitutes Market Size for Other Channels, by Country/Region, 2018-2027 ($Million)
Table 32 Global B2B Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 33 Global Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 34 Europe: Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 35 Europe: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 36 Europe: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 37 Europe: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 38 Europe: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 39 U.K.: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 40 U.K.: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 41 U.K.: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 42 U.K.: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 43 Germany: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 44 Germany: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 45 Germany: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 46 Germany: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 47 France: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 48 France: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 49 France: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 50 France: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 51 Italy: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 52 Italy: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 53 Italy: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 54 Italy: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 55 Spain: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 56 Spain: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 57 Spain: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 58 Spain: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 59 Rest of Europe: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 60 Rest of Europe: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 61 Rest of Europe: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 62 Rest of Europe: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 63 North America: Meat Substitutes Market Size, by Country, 2018-2027 ($Million)
Table 64 North America: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 65 North America: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 66 North America: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 67 North America: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 68 U.S.: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 69 U.S.: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 70 U.S.: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 71 U.S.: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 72 Canada: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 73 Canada: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 74 Canada: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 75 Canada: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 76 Asia-Pacific: Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 77 Asia-Pacific: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 78 Asia-Pacific: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 79 Asia-Pacific: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 80 Asia-Pacific: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 81 China: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 82 China: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 83 China: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 84 China: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 85 Japan: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 86 Japan: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 87 Japan: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 88 Japan: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 89 India: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 90 India: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 91 India: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 92 India: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 93 Rest of Asia-Pacific: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 94 Rest of Asia-Pacific: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 95 Rest of Asia-Pacific: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 96 Rest of Asia-Pacific: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 97 Latin America: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 98 Latin America: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 99 Latin America: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 100 Latin America: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 101 Middle East and Africa: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 102 Middle East and Africa: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 103 Middle East and Africa: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 104 Middle East and Africa: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 105 Total Number of Recent Developments, by Company, 2017-2020
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 Tofu Accounted for the Largest Share of the Market in 2019
Figure 8 Pea Proteins to Witness the Highest Growth during the Forecast Period
Figure 9 B2C to Witness Significant Growth during the Forecast Period
Figure 10 Global Meat Substitutes Market Scenario, by Geography, 2019
Figure 11 Market Dynamics
Figure 12 A Lighthouse for the Future Food Consumption
Figure 13 Leading Meat Producers Hedge against Animal Free Future
Figure 14 Current Prices of Different Food Types
Figure 15 Global Meat Substitutes Market Size, by Type, 2020-2027 ($Million)
Figure 16 Global Meat Substitutes Market Size, by Source, 2020-2027 ($Million)
Figure 17 Meat Substitute: Value Chain with Key Business Activities and Players Within
Figure 18 Global Meat Substitutes Market Size, by Distribution Channel, 2020-2027 ($Million)
Figure 19 Global B2C Meat Substitutes Market Size, by Type, 2020-2027 ($Million)
Figure 20 Global Meat Substitutes Market Size, by Region, 2020-2027 ($Million)
Figure 21 Market Dynamics: European Alternative Protein Market
Figure 22 Europe: Meat Substitutes Market Snapshot
Figure 23 Number of Vegans in the U.K., 2014-2018 (In Thousands)
Figure 24 Veganism Trends in the U.K.
Figure 25 North America: Meat Substitutes Market Snapshot
Figure 26 Meat Substitute Retail Sales in the U.S., 2017-2019 ($Billion)
Figure 27 Asia-Pacific: Meat Substitutes Market Snapshot
Figure 28 Challenges Faced by Latin American Meat Substitutes Market
Figure 29 Key Growth Strategies Adopted by Leading Players, 2017-2020
Figure 30 Meat Substitutes Market: Competitive Benchmarking, by Product
Figure 31 Beyond Meat, Inc.: Financial Overview (2017-2019)
Figure 32 Conagra Brands, Inc.: Financial Overview (2017-2019)
Figure 33 The Hain Celestial Group, Inc.: Financial Overview (2017-2019)
1.1. Market Definition
1.2. Currency
1.3. Key Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Approach
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. EXECUTIVE SUMMARY
3.1. Introduction
3.2. Segment Analysis
3.2.1. Type Analysis
3.2.2. Source Analysis
3.2.3. Distribution Channel Analysis
3.2.3.1. B2C Distribution Channels Market
3.2.4. Regional Analysis
3.2.5. Competitive Landscape & Market Competitors
4. MARKET INSIGHTS
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Intolerance for Animal Proteins
4.2.2. Growing Preference for Meat Substitute Products
4.2.3. Growing Investments in Meat Substitutes
4.2.4. Increasing Vegan and Vegetarian Population
4.3. Restraints
4.3.1. Expensive Meat Substitutes
4.3.2. Preference for Animal-Based Products
4.3.3. Growing Preference for Soy and Gluten-Free Products
4.4. Opportunities
4.4.1. Emerging Economies
4.5. Trends
4.5.1. Mergers and Acquisitions in the Meat Substitutes Market
5. COVID-19 IMPACT ON THE MEAT SUBSTITUTES MARKET
6. INVESTMENT AND FUNDING SCENARIO IN THE MEAT SUBSTITUTES MARKET
6.1. Introduction
6.2. Investments/Funding Scenario
7. GLOBAL MEAT SUBSTITUTES MARKET, BY TYPE
7.1. Introduction
7.2. Tofu
7.3. Textured Vegetable Protein (TVP)
7.4. Tempeh
7.5. Seitan
7.6. Burger Patties
7.7. Sausages
7.8. Ground Meat
7.9. Meatballs
7.10. Nuggets
7.11. Crumbles
7.12. Other Meat Substitutes
8. GLOBAL MEAT SUBSTITUTES MARKET, BY SOURCE
8.1. Introduction
8.2. Soy Protein
8.3. Wheat Protein
8.4. Pea Protein
8.5. Almond Protein
8.6. Rice Protein
8.7. Other Sources
9. GLOBAL MEAT SUBSTITUTES MARKET, BY DISTRIBUTION CHANNEL
9.1. Introduction
9.2. Business-To-Consumer (B2C)
9.2.1. Modern Groceries
9.2.2. Convenience Stores
9.2.3. Specialty Stores
9.2.4. Online Retail
9.2.5. Others
9.3. Business-To-Business (B2B)
10. MEAT SUBSTITUTES MARKET, BY GEOGRAPHY
10.1. Introduction
10.2. Europe
10.2.1. U.K.
10.2.2. Germany
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. North America
10.3.1. U.S.
10.3.2. Canada
10.4. Asia-Pacific
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. Rest of Asia-Pacific
10.5. Latin America
10.6. Middle East and Africa
11. COMPETITIVE LANDSCAPE
11.1. Introduction
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
12. COMPANY PROFILES (BUSINESS OVERVIEW, PRODUCT PORTFOLIO, FINANCIAL OVERVIEW, AND STRATEGIC DEVELOPMENTS)
12.1. Beyond Meat, Inc.
12.2. Impossible Foods, Inc.
12.3. Garden Protein International Inc. (A Part of Conagra Brands, Inc.)
12.4. Amy's Kitchen, Inc.
12.5. The Hain Celestial Group, Inc.
12.6. Sahmyook Foods
12.7. Axiom Foods, Inc.
12.8. Lightlife Foods, Inc. (A Part of Maple Leaf Foods, Inc.)
12.9. Marlow Foods, Ltd. (Part of Monde Nissin Corporation)
12.10. Taifun-Tofu GmbH
12.11. Atlantic Natural Foods, LLC (Part of Aft Holdings, Inc.)
12.12. Vbites Food, Ltd.
12.13. Nutrisoy Pty, Ltd.
13. APPENDIX
13.1. Questionnaire
13.2. Available Customization
LIST OF TABLES
Table 1 Global Meat Substitutes Market Drivers: Impact Analysis (2020–2027)
Table 2 Global Meat Substitutes Market Restraints: Impact Analysis (2020–2027)
Table 3 Price Comparison between Meat and Meatless Items at Fast-Food Chains
Table 4 List of Recent Mergers and Acquisitions in Meat Substitute Space (2017-2020)
Table 5 Global Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 6 Global Plant-Based Tofu Market Size, by Country/Region, 2018-2027 ($Million)
Table 7 Global Plant-Based TVP Market Size, by Country/Region, 2018-2027 ($Million)
Table 8 Global Plant-Based Tempeh Market Size, by Country/Region, 2018-2027 ($Million)
Table 9 Global Plant-Based Seitan Market Size, by Country/Region, 2018-2027 ($Million)
Table 10 Global Plant-Based Burger Patties Market Size, by Country/Region, 2018-2027 ($Million)
Table 11 Global Plant-Based Sausages Market Size, by Country/Region, 2018-2027 ($Million)
Table 12 Global Plant-Based Ground Meat Market Size, by Country/Region, 2018-2027 ($Million)
Table 13 Global Plant-Based Meatballs Market Size, by Country/Region, 2018-2027 ($Million)
Table 14 Global Plant-Based Nuggets Market Size, by Country/Region, 2018-2027 ($Million)
Table 15 Global Plant-Based Crumbles Market Size, by Country/Region, 2018-2027 ($Million)
Table 16 Global Other Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 17 Global Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 18 Soy Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 19 Wheat Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 20 Pea Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 21 Almond Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 22 Rice Protein-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 23 Other Sources-Based Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 24 Global Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 25 Global B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 26 Global B2C Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 27 Global B2C Meat Substitutes Market for Modern Groceries, by Country/Region, 2018-2027 ($Million)
Table 28 Global B2C Meat Substitutes Market Size for Convenience Stores, By Country/Region, 2018-2027 ($Million)
Table 29 Global B2C Meat Substitutes Market Size for Specialty Stores, By Country/Region, 2018-2027 ($Million)
Table 30 Global B2C Meat Substitutes Market Size for Online Retail, by Country/Region, 2018-2027 ($Million)
Table 31 Global B2C Meat Substitutes Market Size for Other Channels, by Country/Region, 2018-2027 ($Million)
Table 32 Global B2B Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 33 Global Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 34 Europe: Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 35 Europe: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 36 Europe: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 37 Europe: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 38 Europe: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 39 U.K.: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 40 U.K.: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 41 U.K.: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 42 U.K.: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 43 Germany: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 44 Germany: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 45 Germany: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 46 Germany: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 47 France: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 48 France: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 49 France: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 50 France: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 51 Italy: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 52 Italy: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 53 Italy: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 54 Italy: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 55 Spain: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 56 Spain: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 57 Spain: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 58 Spain: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 59 Rest of Europe: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 60 Rest of Europe: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 61 Rest of Europe: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 62 Rest of Europe: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 63 North America: Meat Substitutes Market Size, by Country, 2018-2027 ($Million)
Table 64 North America: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 65 North America: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 66 North America: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 67 North America: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 68 U.S.: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 69 U.S.: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 70 U.S.: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 71 U.S.: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 72 Canada: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 73 Canada: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 74 Canada: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 75 Canada: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 76 Asia-Pacific: Meat Substitutes Market Size, by Country/Region, 2018-2027 ($Million)
Table 77 Asia-Pacific: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 78 Asia-Pacific: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 79 Asia-Pacific: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 80 Asia-Pacific: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 81 China: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 82 China: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 83 China: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 84 China: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 85 Japan: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 86 Japan: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 87 Japan: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 88 Japan: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 89 India: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 90 India: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 91 India: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 92 India: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 93 Rest of Asia-Pacific: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 94 Rest of Asia-Pacific: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 95 Rest of Asia-Pacific: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 96 Rest of Asia-Pacific: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 97 Latin America: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 98 Latin America: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 99 Latin America: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 100 Latin America: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 101 Middle East and Africa: Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 102 Middle East and Africa: Meat Substitutes Market Size, by Source, 2018-2027 ($Million)
Table 103 Middle East and Africa: Meat Substitutes Market Size, by Distribution Channel, 2018-2027 ($Million)
Table 104 Middle East and Africa: B2C Meat Substitutes Market Size, by Type, 2018-2027 ($Million)
Table 105 Total Number of Recent Developments, by Company, 2017-2020
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 Tofu Accounted for the Largest Share of the Market in 2019
Figure 8 Pea Proteins to Witness the Highest Growth during the Forecast Period
Figure 9 B2C to Witness Significant Growth during the Forecast Period
Figure 10 Global Meat Substitutes Market Scenario, by Geography, 2019
Figure 11 Market Dynamics
Figure 12 A Lighthouse for the Future Food Consumption
Figure 13 Leading Meat Producers Hedge against Animal Free Future
Figure 14 Current Prices of Different Food Types
Figure 15 Global Meat Substitutes Market Size, by Type, 2020-2027 ($Million)
Figure 16 Global Meat Substitutes Market Size, by Source, 2020-2027 ($Million)
Figure 17 Meat Substitute: Value Chain with Key Business Activities and Players Within
Figure 18 Global Meat Substitutes Market Size, by Distribution Channel, 2020-2027 ($Million)
Figure 19 Global B2C Meat Substitutes Market Size, by Type, 2020-2027 ($Million)
Figure 20 Global Meat Substitutes Market Size, by Region, 2020-2027 ($Million)
Figure 21 Market Dynamics: European Alternative Protein Market
Figure 22 Europe: Meat Substitutes Market Snapshot
Figure 23 Number of Vegans in the U.K., 2014-2018 (In Thousands)
Figure 24 Veganism Trends in the U.K.
Figure 25 North America: Meat Substitutes Market Snapshot
Figure 26 Meat Substitute Retail Sales in the U.S., 2017-2019 ($Billion)
Figure 27 Asia-Pacific: Meat Substitutes Market Snapshot
Figure 28 Challenges Faced by Latin American Meat Substitutes Market
Figure 29 Key Growth Strategies Adopted by Leading Players, 2017-2020
Figure 30 Meat Substitutes Market: Competitive Benchmarking, by Product
Figure 31 Beyond Meat, Inc.: Financial Overview (2017-2019)
Figure 32 Conagra Brands, Inc.: Financial Overview (2017-2019)
Figure 33 The Hain Celestial Group, Inc.: Financial Overview (2017-2019)
