Stratview Research published a new report on the “Meat Substitutes Market” that offers detailed segmentation of the market based on Source Type, Type, Product Type, Form Type, and Region.
According to the report, the meat substitutes market was estimated at USD 2.1 billion in 2021 and is likely to grow at a CAGR of 12.9% during 2022-2028 to reach USD 4.9 billion in 2028.
What is a meat substitute?
A meat substitute, also known as a meat alternative or mock meat, is a food product that is designed to replace the taste, texture, and nutritional profile of the meat. It is typically made from plant-based ingredients or other non-meat sources, and it can be used in place of meat.
The health benefits associated with these ingredients are almost similar to real meat, and this is a major factor behind the rising demand for meat substitutes.
Key Market Players –
- Archer Daniels Midland Company
- DuPont
- Roquette Frères
- Kerry
- Ingredion
- Sotexpro S.A
- CRESPEL & DEITER
- CHS INC.
- Suedzucker
- MGP
- Ingredient.
FAQs in the report -
The research report aims to help the users learn about their market size and potential to connect with customers. This report answers to the following questions:
- How big is the potential Meat Substitutes?
- Will this market grow or shrink in the future?
- Who are our top competitors or key players?
- What market share do the competitors own?
- How Covid19 has affected the market?
- How long will it take to recover from the Covid-impact?
About us –
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