Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare
Free Samples
Packaged Food

PUBLISHER: Grand View Research | PRODUCT CODE: 1433728

Cover Image

PUBLISHER: Grand View Research | PRODUCT CODE: 1433728

Meat Substitutes Market Size, Share & Trend Analysis Report By Source (Plant-based Protein, Mycoprotein, Soy-based, Others), By Distribution Channel (Foodservice, Retail), By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED:
PAGES: 80 Pages
DELIVERY TIME: 2-10 business days
REQUEST FREE SAMPLE
REQUEST CUSTOMIZATION
SELECT AN OPTION
Unprintable PDF (Single User License)
USD 3950
Printable PDF (5-User License)
USD 4950
Printable PDF (Enterprise License)
USD 6950

Add to Cart

Description

Table of Contents

List of Tables

Meat Substitutes Market Growth & Trends:

The global meat substitutes market is expected to reach USD 234.66 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 42.4% between 2024 to 2030. The forecast period anticipates a surge in market demand due to the increasing preference for vegan diets, driven by a growing awareness of health benefits. Moreover, heightened consciousness regarding environmental and ethical concerns has further propelled the market's growth.

Opting for plant-based meat offers a healthier substitute for conventional meat products. More than 50% of protein consumers have a preference for natural protein sources, leading to an increased demand for easily recognizable and clean ingredients. This shift in preference is driving the market towards cleaner and more identifiable substances. Numerous plant-based protein products offer the advantage of a reduced carbon footprint compared to traditional protein sources. Given their perceived benefits for the environment, health, and sustainability, these plant protein products have emerged as significant drivers for the global adoption of meat substitutes.

Plant-based protein held the largest segment in 2023 and is expected to maintain its dominance over the forecast period. The growth of this segment will be propelled by the rising consumer apprehension regarding the negative health effects associated with high animal protein diets, such as increased intake of saturated fatty acids. With companies like Beyond Meat and Impossible Foods Inc., the availability of alternative protein products is expanding to a greater number of restaurants and grocery stores, resulting in increased demand. These companies are leveraging their scale to enhance distribution and forming collaborations with retailers to drive promotions and marketing efforts.

In 2023, the retail segment accounted for the largest share of revenue in the global meat substitute market. As a growing number of consumers have either eliminated or significantly reduced their meat consumption, supermarket companies have a greater opportunity to attract customers with non-meat products in their stores. In the United States, consumers are opting for meat-free options due to the wide availability of these products in both online and offline retail stores.

Meat Substitutes Market Report Highlights:

  • Mycoprotein is projected to register the fastest growth as its more economical to produce and the reduced prices are also expected to drive growth.
  • Retail channel held the largest market share in 2023 due to nationwide lockdowns globally and the resultant increased at home consumption of food.
  • Asia Pacific is expected to register the fastest growth during forecast period. Countries such as China and Australia, and others are expected to see rapid surge in the consumption of meat substitutes with consumers across these countries preferring to cut down meat consumption and form healthier dietary habits.
Show more
Product Code: 978-1-68038-405-5

Table of Contents

Chapter 1. Meat Substitutes Market: Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Meat Substitutes Market: Executive Summary

  • 2.1. Market Outlook
  • 2.2. Source Outlook
  • 2.3. Distribution Channel Outlook

Chapter 3. Meat Substitutes Market: Variables, Trends & Scope

  • 3.1. Market Introduction
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Industry Value Chain Analysis
    • 3.3.1. Sales/Retail Channel Analysis
    • 3.3.2. Profit Margin Analysis
  • 3.4. Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Market Opportunities
    • 3.4.4. Market Challenges
  • 3.5. Industry Analysis - Porter's Five Forces Analysis
  • 3.6. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

  • 4.1. Demographics Analysis
  • 4.2. Consumer Trends and Preferences
  • 4.3. Factors Affecting Buying Decision
  • 4.4. Consumer Product Adoption
  • 4.5. Key Observations & Findings

Chapter 5. Meat Substitutes Market: Source Estimates & Trend Analysis

  • 5.1. Source Movement Analysis & Market Share, 2023 & 2030
  • 5.2. Plant-based Protein
    • 5.2.1. Market estimates and forecast for plant-based protein meat substitutes, 2018 - 2030 (USD Billion)
  • 5.3. Mycoprotein
    • 5.3.1. Market estimates and forecast for mycoprotein meat substitutes, 2018 - 2030 (USD Billion)
  • 5.4. Soy-based
    • 5.4.1. Market estimates and forecast for soy-based meat substitutes, 2018 - 2030 (USD Billion)
  • 5.5. Others
    • 5.5.1. Market estimates and forecast for other meat substitutes, 2018 - 2030 (USD Billion)

Chapter 6. Meat Substitutes Market: Distribution Channel Estimates & Trend Analysis

  • 6.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
  • 6.2. Foodservice
    • 6.2.1. Market estimates and forecast through foodservice, 2018 - 2030 (USD Billion)
  • 6.3. Retail
    • 6.3.1. Market estimates and forecast through retail, 2018 - 2030 (USD Billion)

Chapter 7. Meat Substitutes Market: Regional Estimates & Trend Analysis

  • 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
  • 7.2. North America
    • 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.2.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
    • 7.2.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.2.4. U.S.
      • 7.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.2.4.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.2.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.2.5. Canada
      • 7.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.2.5.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.2.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.2.6. Mexico
      • 7.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.2.6.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.2.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • 7.3. Europe
    • 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.3.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
    • 7.3.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.3.4. Germany
      • 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.4.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.3.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.3.5. U.K.
      • 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.5.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.3.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.3.6. France
      • 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.6.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.3.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.3.7. Spain
      • 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.7.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.3.7.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.3.8. Italy
      • 7.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.3.8.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.3.8.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • 7.4. Asia Pacific
    • 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.4.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
    • 7.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.4.4. China
      • 7.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.4.4.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.4.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.4.5. Japan
      • 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.4.5.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.4.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.4.6. India
      • 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.4.6.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.4.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.4.7. Australia & New Zealand
      • 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.4.7.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.4.7.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.4.8. South Korea
      • 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.4.8.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.4.8.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • 7.5. Central & South America
    • 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.5.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
    • 7.5.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.5.4. Brazil
      • 7.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.5.4.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.5.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
  • 7.6. Middle East & Africa
    • 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
    • 7.6.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
    • 7.6.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
    • 7.6.4. South Africa
      • 7.6.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
      • 7.6.4.2. Market estimates and forecast, by source, 2018 - 2030 (USD Billion)
      • 7.6.4.3. Market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)

Chapter 8. Competitive Analysis

  • 8.1. Recent developments & impact analysis, by key market participants
  • 8.2. Company Categorization
  • 8.3. Participant's Overview
  • 8.4. Brand Share Analysis, 2022
  • 8.5. Financial Performance
  • 8.6. Product Benchmarking
  • 8.7. Company Market Share Analysis, 2022 (%)
  • 8.8. Company Heat Map Analysis
  • 8.9. Strategy Mapping
  • 8.10. List of key companies analyzed in this section include
    • 8.10.1. Amy's Kitchen Inc.
    • 8.10.2. Beyond Meat
    • 8.10.3. Impossible Foods Inc.
    • 8.10.4. Quorn Foods
    • 8.10.5. Kellogg Co.
    • 8.10.6. Unilever
    • 8.10.7. Meatless B.V.
    • 8.10.8. VBites Foods Ltd.
    • 8.10.9. SunFed
    • 8.10.10. Tyson Foods, Inc.
Show more
Product Code: 978-1-68038-405-5

List of Tables

  • Table 1 Meat Substitutes Market Revenue Estimates and Forecasts, By Source, 2018 - 2030 (USD Million, Metric Tons)
  • Table 2 Meat Substitutes Market Revenue Estimates and Forecasts, By Distribution Channel, 2018 - 2030 (USD Million, Metric Tons)
  • Table 3 Company Market Share, 2023

List of Figures

  • Fig. 1 Meat Substitutes market segmentation
  • Fig. 2 Information procurement
  • Fig. 3 Primary research pattern
  • Fig. 4 Primary research approaches
  • Fig. 5 Primary research process
  • Fig. 6 Market Snapshot
  • Fig. 7 Source Snapshot
  • Fig. 8 Distribution Channel Snapshot
  • Fig. 9 Competitive Landscape Snapshot
  • Fig. 10 Meat substitutes market size, 2023 (USD Billion)
  • Fig. 11 Meat Substitutes market: Value chain analysis
  • Fig. 12 Meat substitutes market: Profit-margin analysis
  • Fig. 13 Meat substitutes market: Dynamics
  • Fig. 14 Meat substitutes market: Porter's five forces analysis
  • Fig. 15 Factors affecting buying decisions for Meat Substitutes
  • Fig. 16 Meat substitutes market, by source: Key takeaways
  • Fig. 17 Meat substitutes market, by source: Market share, 2023 & 2030
  • Fig. 18 Plant-based protein meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 19 Mycoprotein meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 20 Soy-based meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 21 Other meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 22 Meat substitutes market, by distribution channel: Key takeaways
  • Fig. 23 Meat substitutes market, by distribution channel: Market share, 2023 & 2030
  • Fig. 24 Meat substitutes market estimates & forecast, through retail, 2018 - 2030 (USD Billion)
  • Fig. 25 Meat substitutes market estimates & forecast, through foodservice, 2018 - 2030 (USD Billion)
  • Fig. 26 Meat substitutes market revenue, by region, 2023 & 2030 (USD Billion)
  • Fig. 27 Regional marketplace: Key takeaways
  • Fig. 28 Regional marketplace: Key takeaways
  • Fig. 29 North America meat substitutes market estimates & forecast, 2017 - 2030 (USD Billion)
  • Fig. 30 U.S. meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 31 Canada meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 32 Mexico meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 33 Europe meat substitutes market estimates & forecast, 2017 - 2030 (USD Billion)
  • Fig. 34 Germany meat substitutes market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 35 U.K. meat substitutes market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 36 France meat substitutes market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 37 Spain meat substitutes market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 38 Italy meat substitutes market estimates & forecasts, 2018 - 2030 (USD Billion)
  • Fig. 39 Asia Pacific meat substitutes market estimates & forecast, 2017 - 2030 (USD Billion)
  • Fig. 40 China meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 41 Japan meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 42 India meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 43 Australia & New Zealand meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 44 South Korea meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 45 Central & South America meat substitutes market estimates & forecast, 2017 - 2030 (USD Billion)
  • Fig. 46 Brazil meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 47 Middle East & Africa meat substitutes market estimates & forecast, 2017 - 2030 (USD Billion)
  • Fig. 48 South Africa meat substitutes market estimates & forecast, 2018 - 2030 (USD Billion)
  • Fig. 49 Key company categorization
  • Fig. 50 Company market share analysis, 2023
Show more
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Contact Us +1-866-353-3335
Hi, how can we help?
Contact us!