Meat Substitute Ingredients Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Soy, Wheat, Mycoprotein, Others); Application (Seitan, Tempeh, Tofu, Patties and Sausages, Others) and Geography
Report Code: TIPRE00020371
| No. of Pages: 150
| Category: Food and Beverages
| Status: Upcoming
A meat substitute, also called a meat analogue, is a meat-like substance made from plants. A meat substitute approximates certain aesthetic qualities (primarily texture, flavor, and appearance) or a specific meat's chemical characteristics. Meat substitutes are designed to equal the animal alternatives in taste and texture.
The meat substitute ingredients market has witnessed significant growth due to rise in disposable incomes and changing consumer trends in developing markets. Moreover, growing demand for plant-based meat products provides a huge market opportunity for the key players operating in the meat substitute ingredients market. However, higher price of ingredients is projected to hamper the overall growth of the meat substitute ingredients market in the forecast period.
The "Global Meat Substitute Ingredients Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the meat substitute ingredients market with detailed market segmentation type, application, and geography. The global meat substitute ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading meat substitute ingredients market players and offers key trends and opportunities in the market.
The global meat substitute ingredients market is segmented on the basis of type and application. On the basis of type, the global meat substitute ingredients market is divided into soy, wheat, mycoprotein, and others. On the basis of application, the global meat substitute ingredients market is divided into seitan, tempeh, tofu, patties & sausages, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative inproduct type, formation. It provides an overview and forecast of the global meat substitute ingredients market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The meat substitute ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the meat substitute ingredients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the meat substitute ingredients market in these regions.
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The reports cover key developments in the meat substitute ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product type, form launches, product type, form approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from meat substitute ingredients market is anticipated to lucrative growth opportunities in the future with the rising demand for meat substitute ingredients in the global market. Below mentioned is the list of few companies engaged in the meat substitute ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the meat substitute ingredients market. In addition, the report focuses on leading industry players with inproduct type, formation such as company profiles, components, and services offered, financial inproduct type, formation of the last 3 years, the key development in the past five years.
Archer Daniels Midland Company
CRESPEL & DEITERS
The Nisshin OilliO Group Ltd
Wilmar International Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Archer Daniels Midland Company
2. Axiom Foods
3. CRESPEL and DEITERS
7. Roquette Frères
8. Sotexpro S.A
9. The Nisshin OilliO Group Ltd
10. Wilmar International Limited