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Meat Substitutes Market: Key Growth Areas & Revenue Impact Strategies

The demand for meat substitutes is high in developed markets, such as the US and Europe, due to the health benefits offered by sources of meat substitutes, such as soy and the rising health awareness among people.<br>https://www.marketsandmarkets.com/Market-Reports/meat-substitutes-market-979.html

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Meat Substitutes Market: Key Growth Areas & Revenue Impact Strategies

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  1. MarketsandMarkets Presents Meat Substitutes Market: Key Growth Areas & Revenue Impact Strategies

  2. Introduction The meat substitutes market is estimated at USD 4.63 billion in 2018 and is projected to reach a value of USD 6.43 billion by 2023, at a CAGR of 6.8%. The market is segmented on the basis of type, source, category, and region. The types of meat substitutes include tofu & tofu ingredients, tempeh, TVP, seitan, Quorn, others soy products that include miso, yaso, and nattō, and other meat substitutes, which include risofu, valess, lupine, rice protein, and pea protein. The market has been segmented on the basis of category into frozen, refrigerated, and shelf-stable. The market has also been segmented on the basis of source into soy, wheat, mycoprotein, and others, which include rice, pea, pulses, and milk. On the basis of key regions, the meat substitutes market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=979 The Asia Pacific region is projected to be the fastest-growing market for meat substitutes from 2017 to 2023. Key markets in the Asia Pacific region include China, India, Japan, and Australia. The major driving factors for meat substitutes market in this region is its vast areas of agriculture and the production of soy and wheat, as they are the primarily used as raw materials for producing meat substitutes such as tofu and seitan, respectively.

  3. Key Players •  ADM (US) • DowDuPont (US) • The Nisshin OilliO Group (Japan) • Sonic Biochem Limited (India) • MGP Ingredients (US) •  Garden Protein International (Canada) • Beyond Meat (US) • Amy's Kitchen (US) • Quorn Foods (UK) • MorningStar Farms (US) • Meatless (Netherlands)

  4. Scope Of The Report On the basis of category, the meat substitutes market has been segmented as follows: • Frozen • Refrigerated • Shelf-stable On the basis of type, the meat substitutes market has been segmented as follows: • Tofu & tofu ingredients • Tempeh • Textured vegetable protein • Other soy products (miso, yaso, and nattō) • Seitan • Quorn • Other meat substitutes (risofu, valess, lupine, and pea protein)

  5. On the basis of source, the meat substitutes market has been segmented as follows: • Soy • Wheat • Mycoprotein • Others (rice, peas, pulses, and milk) On the basis of region, the meat substitutes market has been segmented as follows: • North America • Europe • Asia Pacific • RoW (Brazil, Argentina, and South Africa)

  6. Research Coverage: The report segments the meat substitutes market on the basis of source, type, category, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the meat substitutes market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

  7. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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