Meat Substitutes Market-Global Forecast to 2022

Meat Substitutes Market by Type (tofu & tofu ingredients,
tempeh, TVP, quorn, other soy products, seitan, & others),
Source (soy-based, wheat-based, mycoprotein, & others),
Category (frozen & refrigerated), & by Region - Global
Forecast to 2020
Published On : August 2015
Category : Food & Beverages
Pages : 169 pages
Contact : International : (+1) 646 781 7170 help@grandresearchstore.com
Report Description:
The global meat substitutes market is projected to grow significantly from an estimated
value of USD 3.80 billion in 2015 to USD 5.17 billion by 2020 at a CAGR of 6.4% between
2015 and 2020. The growth in this market is propelled by continuous growth in the
vegetarian food industry and the increasing health concerns of consumers.
The Asia-Pacific market will register highest growth by 2020 owing to the significant
increase in the awareness level in consumers for health and wellness and increasing
demand for healthy and clean-label food in the region. The growth of this region is
supplemented by the increasing per-capita spending power and changing food habits in
developing economies such as India and China.
The growing demand for meat-free food products and increasing health concerns are
expected to drive the market for meat substitutes globally. In addition to this, key factors
such as increase in adoption rate of vegan & vegetarian diet and increasing health concerns
for pets, increasing environmental issues, and presence of modernized retail chain in
emerging markets are projected to support the growth in the meat substitutes market in the
forthcoming years.

This report covers the global meat substitutes market in major regions such as North
America, Europe, Asia-Pacific, and RoW. The meat substitutes market is segmented on the
basis of type, source, category, and region. By type, the tofu & tofu ingredients segment is
projected to dominate the global meat substitutes market between 2015 and 2020. By
source, the soy-based segment is projected to have the largest market during the forecast
period. The frozen meat substitutes segment will dominate the meat substitutes category
segment from 2015 to 2020.
This report analyzes various marketing trends and establishes the most effective growth
strategy in the market. It identifies market dynamics such as drivers, restraints,
opportunities, and challenges. Major meat substitutes companies such as Amy’s Kitchen
(U.S.), Beyond Meat (U.S.), Sonic Biochem Extractions Limited (India), MGP Ingredients
(U.S.), Garden Protein International Inc. (Canada), Quorn Foods (U.K.), Morningstar Farms
(U.S.), Vbites Foods Ltd. (U.K.), The Nisshin Ollio Group, Ltd. (Japan), and Meatless B.V.
(The Netherlands) have been profiled in it.
1.1 AVAILABLE CUSTOMIZATIONS
With the given market data, MarketsandMarkets offers customizations according to the
company’s specific scientific needs.
The following customization options are available for the report:
Product Analysis
• Product matrix which gives a detailed comparison of the product portfolio of each
company
Geographic Analysis
• Further breakdown of the Rest of Asia-Pacific meat substitutes market into Malaysia,
Thailand, , and Vietnam
• Further breakdown of other countries in RoW meat substitutes market into Iran, Egypt,
Chile, and Peru
Company Information
• Detailed analyses and profiling of additional market players (up to five)
Table of contents:
TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15

1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY CONSIDERED FOR THE STUDY 17
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primary interviews 22
2.2 FACTOR ANALYSIS 23
2.2.1 INTRODUCTION 23
2.2.2 DEMAND-SIDE ANALYSIS 23
2.2.2.1 Population growth and diversified food demand 24
2.2.3 SUPPLY-SIDE ANALYSIS 25
2.2.3.1 Fluctuations in raw material prices 25
2.3 MARKET SIZE ESTIMATION 26
2.3.1 BOTTOM-UP APPROACH 26
2.3.2 TOP-DOWN APPROACH 27
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 28
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 29
2.5.1 ASSUMPTIONS 29
2.5.2 LIMITATIONS 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES IN MEAT SUBSTITUTES MARKET 34
4.2 MEAT SUBSTITUTES MARKET, BY TYPE 35
4.3 MEAT SUBSTITUTES MARKET, BY CATEGORY 36
4.4 NORTH AMERICAN MEAT SUBSTITUTES MARKET 37
4.5 MEAT SUBSTITUTES: MARKET SHARES OF TOP COUNTRIES, 2014 38
4.6 LIFE CYCLE ANALYSIS: ASIA-PACIFIC AN ATTRACTIVE MARKET FOR INVESTMENTS
39
5 MARKET OVERVIEW 40
5.1 INTRODUCTION 41
5.2 EVOLUTION 41
5.3 MARKET SEGMENTATION 42
5.3.1 BY TYPE 42
5.3.2 BY SOURCE 43

5.3.3 BY CATEGORY 43
5.4 MARKET DYNAMICS 44
5.4.1 DRIVERS 45
5.4.1.1 Increasing health awareness and meat adulteration & scandals 45
5.4.1.2 Increasing health concerns for pets 47
5.4.1.3 Environmental issues 48
5.4.1.4 Penetration of modernized retail chain increases adoption levels in emerging
markets 49
5.4.2 RESTRAINTS 50
5.4.2.1 Ill-effects of meat substitutes 50
5.4.2.2 Perception of taste 50
5.4.3 OPPORTUNITIES 51
5.4.3.1 Exploring technological advancements to develop new product lines 51
5.4.3.2 The Asia-Pacific market provides great potential for meat substitutes 52
5.4.4 CHALLENGES 53
5.4.4.1 Genetically modified soybeans 53
5.4.5 BURNING ISSUES 53
5.4.5.1 Toxic tofu in China 53
6 INDUSTRY TRENDS 54
6.1 INTRODUCTION 54
6.2 PRICE ANALYSIS 54
6.3 VALUE CHAIN ANALYSIS 56
6.4 SUPPLY CHAIN ANALYSIS 57
6.4.1 PROMINENT COMPANIES: 58
6.4.2 SMALL & MEDIUM ENTERPRISES: 58
6.4.3 END USERS (MANUFACTURERS/CONSUMERS): 58
6.4.4 KEY INFLUENCERS 58
6.5 REGULATORY ENVIRONMENT 59
6.6 EXPORT IMPORT DATA FOR SOYBEAN (RAW MATERIAL FOR MEAT SUBSTITUTES)
61
6.7 PORTER’S FIVE FORCES ANALYSIS 62
6.7.1 INTENSITY OF COMPETITIVE RIVALRY 62
6.7.2 BARGAINING POWER OF SUPPLIERS 63
6.7.1 BARGAINING POWER OF BUYERS 63
6.7.2 THREAT OF NEW ENTRANTS 64
6.7.3 THREAT OF SUBSTITUTES 64
6.8 STRATEGIC BENCHMARKING 65
6.8.1 NEW PRODUCT LAUNCHES & EXPANSIONS 65
6.8.2 EXPANDING BUSINESS THROUGH ACQUISITIONS, COLLABORATIONS,
PARTNERSHIPS, AND INVESTMENTS 66
7 MEAT SUBSTITUTES MARKET, BY TYPE 67
7.1 INTRODUCTION 68
7.2 TOFU & TOFU INGREDIENTS 69

7.3 TEMPEH 71
7.4 TEXTURED VEGETABLE PROTEIN (TVP) 72
7.5 OTHER SOY PRODUCTS 73
7.6 SEITAN 74
7.7 QUORN 75
7.8 OTHERS (BY TYPE MEAT SUBSTITUTES) 76
8 MEAT SUBSTITUTES MARKET, BY SOURCE 78
8.1 INTRODUCTION 79
8.2 SOY-BASED MEAT SUBSTITUTES 80
8.3 WHEAT-BASED MEAT SUBSTITUTES 81
8.4 MYCOPROTEIN MEAT SUBSTITUTES 82
8.5 OTHERS (BY SOURCE MEAT SUBSTITUTES) 83
9 MEAT SUBSTITUTES MARKET, BY CATEGORY 84
9.1 INTRODUCTION 85
9.2 FROZEN MEAT SUBSTITUTES 86
9.3 REFRIGERATED MEAT SUBSTITUTES 87
10 MEAT SUBSTITUTES MARKET, BY REGION 88
10.1 INTRODUCTION 89
10.2 PEST ANALYSIS 90
10.2.1 POLITICAL FACTORS 90
10.2.2 ECONOMIC FACTORS 90
10.2.3 SOCIAL FACTORS 90
10.2.4 TECHNOLOGICAL FACTORS 91
10.3 NORTH AMERICA 92
10.3.1 U.S. 96
10.3.2 CANADA 98
10.3.3 MEXICO 99
10.4 EUROPE 100
10.4.1 GERMANY 104
10.4.2 U.K. 105
10.4.3 SPAIN 106
10.4.4 FRANCE 107
10.4.5 ITALY 108
10.4.6 THE NETHERLANDS 109
10.4.7 REST OF EUROPE 110
10.5 ASIA-PACIFIC 111
10.5.1 CHINA 115
10.5.2 INDIA 116
10.5.3 JAPAN 117
10.5.4 INDONESIA 118
10.5.5 REST OF ASIA-PACIFIC 119
10.6 REST OF THE WORLD (ROW) 120
10.6.1 BRAZIL 122

10.6.2 ARGENTINA 123
10.6.3 SOUTH AFRICA 124
10.6.4 TURKEY 125
10.6.5 OTHERS IN ROW 126
11 COMPETITIVE LANDSCAPE 128
11.1 OVERVIEW 128
11.2 MEAT SUBSTITUTES MARKET SHARE ANALYSIS 129
11.3 COMPETITIVE SITUATION & TRENDS 130
11.3.1 NEW PRODUCT LAUNCHES 131
11.3.2 EXPANSIONS 131
11.3.3 ACQUISITIONS, COLLABORATIONS & PARTNERSHIPS 132
11.3.4 INVESTMENTS, DIVESTMENTS & DISSOLUTIONS 133
12 COMPANY PROFILES 134
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, &
Recent Developments)*
12.1 INTRODUCTION 134
12.2 THE NISSHIN OLLIO GROUP LTD. 135
12.3 SONIC BIOCHEM EXTRACTIONS LTD. 137
12.4 MGP INGREDIENTS INC. 139
12.5 GARDEN PROTEIN INTERNATIONAL INC. 142
12.6 MEATLESS B.V. 145
12.7 BEYOND MEAT 146
12.8 AMY’S KITCHEN INC. 149
12.9 QUORN FOODS 152
12.10 MORNINGSTAR FARMS 155
12.11 VBITES FOODS LTD. 157
*Details on company at a glance, recent financials, products & services, strategies &
insights, & recent developments might not be captured in case of unlisted companies.
13 APPENDIX 160
13.1 INSIGHTS OF INDUSTRY EXPERTS 160
13.2 DISCUSSION GUIDE 160
13.3 COMPANY DEVELOPMENTS 163
13.3.1 EXPANSIONS 163
13.3.2 NEW PRODUCT LAUNCHES 163
13.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 165
13.5 AVAILABLE CUSTOMIZATIONS 166
13.6 RELATED REPORTS 167
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http://www.grandresearchstore.com/food-and-beverages/meat-substitutes-mar
ket-by-type-tofu-26-tofu-ingredients-tempeh-tvp-quorn-other-soy-products-

seitan-26-others-source-soy-based-wheat-based-mycoprotein-26-otherscategory-frozen-26-refrigerated-26-by-region---global-forecast-to-2020