Meat Substitutes Market Growth Analysis by Region, Country, Brands, Distribution Channel, Competitive Landscape and Forecast to 2027

Abstract

The global meat substitutes sector was valued at $7.4 billion in 2022. The market is forecast to record a CAGR of 12.5% over 2022-27 and reach $13.4 billion in 2027. The Americas represented the largest region in 2022, with a value share of 39.9%, followed by Western Europe with 32.1%. In 2022, the soy-based category accounted for the largest share of overall sector value sales at 54.8%, followed by the grain-based category with an 18.1% value share.

This report brings together multiple data sources to provide a comprehensive overview of the Global Meat Substitutes, analyzing data from 108 countries in the region. It includes analysis on the following -

• Market Environment: Includes sector size, market size, and growth analysis by sectors.
• High-Potential Countries' Analysis: Indicates changing share of value consumption of various food products by sectors across high-potential countries in the Americas region. It also provides risk-reward analysis of four countries across the Americas region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.

Country Deep Dive: Provides the overview, demographic analysis, and key trends across high-potential countries.

• Health & Wellness Analysis*: Provides insights on Health & Wellness products in terms of value and percentage share in the overall food industry between 2016-21. The analysis includes key health & wellness attributes and consumer benefits driving the sales of the food industry in 2021. It also covers the market share of leading companies offering food products with health & wellness attributes in the same year.
• Distribution Analysis: Provides analysis on the leading distribution channels in the Americas food industry in 2022. It covers six distribution channels: hypermarkets & supermarkets, food & drinks specialists, convenience stores, e-retailers; "dollar stores" variety stores & general merchandise retailers, and others. Others includes cash & carries and warehouse clubs, drug stores & pharmacies, vending machines, department stores, and others.

Key Highlights

Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the industry in the region

The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances

The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion

To gain competitive intelligence about leading brands in the industry in the region with information about their market share and growth rates

Scope

• The report provides an overview of the current meat substitutes scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

Reasons to Buy

• Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates