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Meat Substitutes Market Increasing Consumer Interest for Meat Substitutes to Drive Growth Meat Substitutes Market Share, Size, Trends, Industry Analysis Report, By Source (Mycoprotein, Plant-based Protein, Soy-based, Others); By Distribution Channel; By Region; Segment Forecast, 2024 - 2032
Meat Substitutes Market The global Meat Substitutes market was valued at USD 19.23 billion in 2023 and is expected to grow at a CAGR of 43.8% during the forecast period. The criticism of intensive animal farming for its environmental and animal welfare impacts has led to the emergence of diets excluding or restricting animal product consumption, thereby fostering the growth of the meat substitutes market. Request To Sample: https://www.polarismarketresearch.com/industry-analysis/meat-substitutes-market/request-for-sample
Meat Substitutes Market • Key Market Players : • Amy’s Kitchen, Inc. • Beyond Meat • Impossible Foods Inc. • Kellogg Co. • Meatless B.V. • Quorn Foods • SunFed • Tyson Foods, Inc. • Unilever • VBites Foods Ltd.
Meat Substitutes Market Meat Substitutes Market Report Highlights • Growing intolerance to animal protein, rise in the vegan population, growing awareness regarding the healthy diet, and increased venture capital investments are augmenting the market's rapid development. • Increasing focus on R&D activities coupled with new product launches by manufacturers of alternative protein and growing demand from major emerging economies are projected to create lucrative opportunities for players working in this market. • The meat substitutes market is expected to witness an exponential rise in demand for plant-based meat substitutes owing to nutritive and environmental factors. Growing awareness about clean eating further drives the market growth.
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