Meat Substitute Market, by Product Type (Tofu, Quorn, Tempeh, Seitan, Soy Protein, Textured Vegetable Protein, Mushrooms, and Others), by Source (Soy, Cereal, Mycoprotein and Others), by Category (Frozen, Refrigerated, and Shelf-stable), by Distribution Channel (Online Stores and Offline Stores), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Trends, and Forecast to 2025

  • Published On : Aug 2018 |
  • Pages : 225 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Meat Substitute Market – Insights

Meat substitute also called as meat analogue is a meatless food that has similar appearance, taste, and texture as food made from meat, fish, and poultry. It is majorly made from non-meat ingredients and sometimes without using dairy products. The meat substitutes serve to vegetarian population, as they do not prefer meat consumption due to health, animals or environmental concern. Various health benefits associated with meat substitute such as aid in weight loss, preservation of bones, and maintaining normal blood sugar are some of the factors fueling growth of the meat substitute market.

Meat substitutes such as plant-based meat substitutes are not suitable for everyone and especially to gluten intolerant or sensitive individuals. Such allergy may lead to increased intestinal permeability and gut inflammation, which is major factor hindering the meat substitute market growth.

Figure 1. Global Meat Substitute Market Share (%), By Source, 2017

meat substitute market

Source: Coherent Market Insights, 2017-18

The global meat substitute market was valued at US$ 3.9 billion in 2016, and is expected to expand at a CAGR of 7.6% in terms of revenue, during 2018– 2025. Meat substitutes are healthy, cholesterol free, low cost, and have meat-like texture, color, and taste along with long shelf life, which is driving growth of the global meat substitutes market.

Among product type, tofu segment accounted for the highest market share in 2017. Tofu, originated in China about 2000 years ago, is efficient source of protein and contains all eight essential amino acids. Notable health benefits of tofu include low cholesterol levels, maintaining cardiovascular health, preventing osteoporosis, and ease menopause symptoms.

Among source, the soy-based segment is expected to account for a significant revenue share during the forecast period, owing to increasing consumption of soybean due to its nutritional contents, as it is a source of calcium and linoleic acid. For instance, according to the U.S. International Trade Administration (ITA), in Mexico, the total soybean domestic consumption was 4,446 thousands of metric tons in 2015, and reached up to 4,700 thousands of metric tons in 2016.

Figure 2. Global Meat Substitute Market Share (%), By Region, 2017

meat substitute market fig-2

Source: Coherent Market Insights, 2017-18

Europe accounted for the largest revenue share of 33% in the global meat substitute market in 2017, and is expected to maintain its dominance over the forecast period. This is attributed to increasing awareness about health benefits of the meat substitutes. Meat substitutes such as tempeh which is a high source of calcium, vitamins, minerals and antioxidants that help to lower cholesterol levels thus people prefer meat substitutes.

North America is expected to account for fastest growing market share in the global meat substitute market, in terms of revenue over the forecast period. This is attributed to increasing consumer preference for meat substitutes and decreasing consumption of meat, owing to rising concern regarding animal welfare among consumers. According to the United States Department of Agriculture, in 2014, the aggregate poultry, red meat, fish, edible basis fell to 181 pounds per person since 1983. Furthermore, market players are focused on new product launches for gaining the demand for meat substitutes in the region. For instance, in July 2018, Beyond Meat launched new types of plant-based meat burgers that are similar to meat-based burgers in taste, appearance, and smell. Such R&D activities by key players is boosting growth of the market.

 Key players are focusing on adopting various organic and inorganic growth strategies such as mergers and acquisitions, joint ventures and partnerships, and product or technological innovations to retain position in the global meat substitute market. For instance, in February 2017, Quorn Foods and Shakey’s Pizza Restaurant, partnered to introduce meat free pizza made from mycoprotein.

Major Players in the Global Meat Substitute Market

Some of the key players operating in the global meat substitute market include DowDuPont Inc., Archer Daniels Midland Company, Amy’s Kitchen Inc., MGP Ingredients, Inc., Beyond Meat Inc., Sonic Biochem Extractions Ltd., VBites Foods Limited, The Nisshin OilliO Group, Ltd. Garden Protein International, MorningStar Farms, and Meatless BV.

Meat substitutes are also called as meat analog, mock meat, and faux meat, which has chemical characteristics such as high-moisture extrusion and qualities such as texture, flavor of specific type of meat. Changing consumer preferences towards consumption of healthy diet is driving growth of the meat substitute market.

However, negative effects of the meat substitutes such vomiting, nausea, and diarrhea are hampering the market growth. Furthermore, according to European federation of food science and technology annual conference, water and energy are not used efficiently during the production of meat analogues this is leading to restraining the growth of meat substitute market.

Market Dynamics

Increasing consumer preference for meat substitutes due to benefits offered by meat substitutes such as low cost, low calorie intake and meat-like texture, color, and taste along with long shelf life are the factors driving growth of the global meat substitutes market.

North America is also expected to exhibit positive growth in the meat substitute market over the forecast period. Key factors such as bulk availability of raw materials, increasing population, and high consumption of non-meat products are creating immense opportunities for growth of the market.

Asia pacific held significant market share in the global meat substitute market owing to rising consumer awareness about health benefits of the meat substitutes in the region. Meat substitutes offer health benefits such as it lowers the cholesterol level, boosts heart health, and stronger bones.

Key features of the study:

  • This report provides in-depth analysis of meat substitute market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2025), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global meat substitute market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
  • Key companies covered as a part of this study includes DowDuPont Inc., Archer Daniels Midland Company, Amy’s Kitchen Inc., MGP Ingredients, Inc., Beyond Meat Inc., Sonic Biochem Extractions Ltd., VBites Foods Limited, The Nisshin OilliO Group, Ltd. Garden Protein International, MorningStar Farms, and Meatless BV.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
  • The global meat substitute market report caters to various stakeholders in this industry including investors, suppliers, meat substitute manufacturers, distributors, new entrants, and financial analysts. Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global meat substitute market

Detailed Segmentation:

  • Global Meat Substitute Market, By Product Type:
    • Tofu
    • Quorn
    • Tempeh
    • Seitan
    • Textured Vegetable Protein
    • Mushrooms
    • Others
  • Global Meat Substitute Market, By Source:
    • Soy
    • Cereal
    • Oilseed
    • Mycoprotein
    • Others
  • Global Meat Substitute Market, By Category:
    • Frozen
    • Refrigerated
    • Shelf-stable
  • Global Meat Substitute Market, By Distribution Channel:
    • Online Stores
    • Offline Stores
  • Global Meat Substitute Market, By Geography:
    • North America
      • U.S.
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      •  Canada
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
    • Europe
      • U.K.
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Germany
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • France
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Italy
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Spain
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Russia
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Rest of Europe
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
    • Asia Pacific
      • China
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • India
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Japan
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Australia
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • South Korea
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Rest of Asia Pacific
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
    • Latin America
      • Brazil
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Argentina
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Mexico
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Rest of Latin America
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
    • Middle East
      • GCC
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Israel
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Rest of Middle East
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
    • Africa
      • Northern Africa
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • Central Africa
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
      • South Africa
        • By Product Type:
          • Tofu
          • Quorn
          • Tempeh
          • Seitan
          • Textured Vegetable Protein
          • Mushrooms
          • Others
        • By Source:
          • Soy
          • Cereal
          • Oilseed
          • Mycoprotein
          • Others
        • By Category:
          • Frozen
          • Refrigerated
          • Shelf-stable
        • By Distribution Channel:
          • Online Stores
          • Offline Stores
  • Company Profiles
    • DowDuPont Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Archer Daniels Midland Company
    • Amy’s Kitchen Inc.
    • MGP Ingredients, Inc.
    • Beyond Meat Inc.
    • Sonic Biochem Extractions Ltd.
    • VBites Foods Limited
    • The Nisshin OilliO Group, Ltd
    • Garden Protein International.
    • MorningStar Farms
    • Meatless BV

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Source
      • Market Snippet, By Category
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Epidemiology/Prevalence/Incidence
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Meat Substitute Market, By Product Type, 2016 – 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Tofu
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Quorn
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Tempeh
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Seitan
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Textured Vegetable Protein
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Mushrooms
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
  5. Global Meat Substitute Market, By Source, 2016 – 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Soy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Cereal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Oilseed
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Mycoprotein
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
  6. Global Meat Substitute Market, By Category, 2016 – 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Frozen
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Refrigerated
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Shelf-stable
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
  7. Global Meat Substitute Market, By Distribution Channel, 2016 – 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Online Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
    • Offline Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2025, (US$ Billion)
  8. Global Meat Substitute Market, By Region, 2016 – 2025, (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018 - 2025
    • North America
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
      • Country Trends 
        • U.S.
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Canada
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
      • Country Trends
        • U.K.
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Germany
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Italy
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • France
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Russia
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Spain
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Rest of Europe
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
      • Country Trends
        • China
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • India
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Japan
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • ASEAN
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Australia
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • South Korea
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Rest of Asia Pacific
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
      • Country Trends
        • Brazil
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Mexico
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Argentina
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Rest of Latin America
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
      • Country Trends
        • GCC Countries
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Israel
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Rest of Middle East
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
    • Africa
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
      • Country trends
        • Northern Africa
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • Central Africa
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
        • South Africa
          • Market Size and Forecast, By Product Type, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Source, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Category, 2016 – 2025, (US$ Billion)
          • Market Size and Forecast, By Distribution Channel, 2016 – 2025, (US$ Billion)
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • DowDuPont Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Archer Daniels Midland Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Amy’s Kitchen Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • MGP Ingredients, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Beyond Meat Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sonic Biochem Extractions Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • VBites Foods Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Nisshin OilliO Group, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Garden Protein International.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • MorningStar Farms
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Meatless BV
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 180 market data tables and 110 figures on "Global Meat Substitute Market - Global forecast to 2025”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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