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Global Meat Substitutes Market

Know what are the Opportunities in the Meat Substitutes Market and how it will Impact the Global Industry $ Value wise.

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<strong>Meat</strong> <strong>Substitutes</strong> <strong>Market</strong> - <strong>Global</strong> Forecast to 2023<br />

2.1 RESEARCH DATA<br />

Secondary sources (including directories and databases), such as Hoovers, Forbes, and Bloomberg<br />

Businessweek, were extensively used to collect information for a technical, market-oriented, and commercial<br />

study of the meat substitutes market. The primary sources mainly included industry experts from core and<br />

related industries and preferred suppliers, dealers, manufacturers, food & beverage (F&B) ingredient providers,<br />

technology developers, alliances, standards and certification organizations from companies, and organizations<br />

related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary<br />

respondents—including key industry participants, subject matter experts, C-level executives of the major market<br />

players, and industry consultants— to obtain and verify critical qualitative and quantitative information as well<br />

as to assess future prospect. The following figure depicts the market research methodology applied in drafting<br />

this report on the meat substitutes market.<br />

Figure 3 <strong>Meat</strong> <strong>Substitutes</strong> <strong>Market</strong> Information AND DATA: Research Design<br />

CURRENT DATA<br />

FOR THE MEAT<br />

SUBSTITUTES<br />

MARKET<br />

MARKET SHARE<br />

COMPETITIVE<br />

LANDSCAPE<br />

REGIONAL USAGE<br />

PATTERN<br />

VALUE CHAIN ANALYSIS<br />

COMPANY<br />

DEVELOPMENTS<br />

INFLUENCING<br />

FACTORS<br />

( <strong>Market</strong> Trends<br />

and Dynamics)<br />

MARKET DRIVERS:<br />

• Rising health concerns as<br />

a result of increasing<br />

obesity levels brought on<br />

by the consumption of<br />

meat products<br />

• Health benefits of meat<br />

substitutes<br />

• Increased preference of<br />

vegetarian and vegan<br />

foods<br />

MARKET RESTRAINTS:<br />

• Ill effects of consuming<br />

meat substitutes<br />

MARKET CHALLENGES:<br />

• Consumer perception<br />

of taste<br />

• Genetically modified<br />

soybeans<br />

MARKET<br />

OPPORTUNITIES:<br />

• Exploring technological<br />

advancements to develop<br />

new product lines<br />

• Growth potential in Asia<br />

Pacific market<br />

REGIONAL ANALYSIS<br />

FORECAST<br />

(2018-2023)<br />

DATA OF THE MARKET<br />

REGULATORY<br />

FRAMEWORK<br />

MARKET SIZE &<br />

FORECAST BASED ON<br />

THE FOLLOWING:<br />

• Type<br />

• Source<br />

• Category<br />

• Region<br />

ARRIVE AT THE MARKET<br />

SIZE, SHARE, AND CAGR<br />

FOR MEAT SUBSTITUTES<br />

MARKET<br />

2.1.1 SECONDARY DATA<br />

In the secondary research process, various sources were referred too, to collect information for this study. These<br />

secondary sources included annual reports, press releases and investor presentations of companies,<br />

whitepapers, certified publications, articles by recognized authors, gold and silver standard websites, food safety<br />

organizations, regulatory bodies, trade directories, and databases.<br />

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool<br />

of key players, market classification, segmentation, and regional markets, according to industry trends to the<br />

sales@marketsandmarkets.com www.marketsandmarkets.com 4

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