Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Research Reports > Meat Substitutes Market 2021 | Present Scenario and Growth Prospects 2026 – FMI
    Research Reports

    Meat Substitutes Market 2021 | Present Scenario and Growth Prospects 2026 – FMI

    Meat Substitutes Market 2021 | Present Scenario and Growth Prospects 2026 – FMI

    Published by mark itwired

    Posted on September 1, 2021

    Featured image for article about Research Reports

    Characterized by the increasing demand for the vegan, particularly plant-based products, the market for meat substitutes continues its growth at a healthy pace. A new study of Future Market Insights (FMI) foresees that global meat substitutes market will reach beyond US $37 Bn by 2019 end, further witnessing a notable 6% rise through the next seven years.

    The thriving free-form trend will continue to shape consumption patterns within the meat substitutes category. Moreover, increasing demand for natural products, frequent product launches, and high awareness about functional benefits of free-form foods would be arguing well for the growth of meat substitutes market.

    Request a Complete TOC of this Report with figures:
    https://www.futuremarketinsights.com/toc/rep-gb-899

    Impact of meat consumption such as high carbon footprint and the adverse changes in the climatic condition remain factors that influence consumers to switch to meat substitutes. Soy-based food manufacture is thus being thoroughly examined for its carbon emissions, including tofu and tempeh production in Indonesia, to compare their sustainable advantages over meat.

    Meat Substitutes Market
    Global Meat Substitutes Market, By Product

    Key Takeaways – Meat Substitutes Market Study

    • Asia Pacific meat substitutes market offers huge potential in terms of value share.Following the success of products such as tofu as a meat/dairy substitute. In Western countries, tempeh and seitan that originate in Asia, will also be favored as meat substitutes in the West.
    • Tofu that currently accounts for over 45% market share will remain the favored meat substitute. Tempeh is however set to exhibit a higher rate of consumption in the near future.
      • Manufacturers of meat substitutes are focusing on acquisitions.
      • For instance, Light life Foods. Which produces vegan meat substitutes like sausages, tempeh, and burgers, was acquired by Maple Leaf Foods Inc., one of Canada’s largest meat processors, for US $140 million.
      • In 2017, food giant – Unilever Ltd. invested in Netherlands-based food project Plant Meat Matters. The project focuses on the production of all-vegan steak including meat substitutes for both restaurants and home cooks across the globe.
      • In 2018 Tyson Foods, which is considered as the largest meat processor in U.S., announced its investments in fake meat (meat substitutes).

    Ask us your Any Queries About this Report:
    https://www.futuremarketinsights.com/askus/rep-gb-899

    To boost product sales and stand out from the breakneck competition, manufacturers must now intensify their focus on developing novel meat substitutes that closely mimic not only the taste and texture but also the savory aspects of meat.

    Meat Substitutes Market – Report Scope

    Attribute Details
    Forecast Period 2013-2018
    Historical Data Available for 2019-2026
    Market Analysis US$ for Value and Volume
    Key Regions Covered North America, Latin America, Europe, China, APAC, and Middle East & Africa (MEA)
    Key Countries Covered U.S, Canada, Mexico, Brazil, Argentina, rest of Latin America, EU5, Nordic, Russia, Poland, Rest of Europe, China, Japan, India, Australia, New Zealand, Rest of APAC, GCC, North Africa, Rest of MEA, & South Africa
    Key Segments Covered Distribution Channel, Product, Category, Source
    Key Companies Profiled Amy’s Kitchen, Inc Pinnacle Foods, Inc (Congra Brand) Atlantic Natural Foods, LLC Impossible Foods Inc. Hain Celestial Group, Inc. Beyond Meat Inc. Pacific Foods of Oregon, Inc. Monde Nissin Corporation Kellogg Company Fry Group Foods (Pty) Ltd. Nutrisoy Pty Ltd Nasoya Foods, Inc. Hügli Holding AG Sweet Earth, Inc. VBites Food ltd. The Kraft Heinz Company Schouten Europe B.V. Turtle Island Foods, Inc. Lightlife Foods Inc. Taifun-Tofu GmbH
    Report Coverage Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Analysis, Segmental Analysis, Regional Profiling, Market Structure & Competition Analysis
    Customization & Pricing Available Upon Request

    Flexitarians to Push Export Opportunities for Manufacturers

    Australia has shown tremendous potential for the growth of meat substitutes market. Over the last few years, several small-sized companies manufacturing meat substitutes have emerged in Eastern Australian regions such as Queensland and Victoria. As country markets in a particular region tend to take market and demand cues from their neighbors, both Australia and New Zealand influence each other’s food cultures. The flexitarian trend amongst Kiwi consumers is on the rise, and consumers are increasingly demanding variants in vegan and meat substitutes. This presents an enormous opportunity for Australia to expand its export base of meat substitutes especially tempeh in New Zealand.

    The post Meat Substitutes Market 2021 | Present Scenario and Growth Prospects 2026 – FMI first appeared on Market Research Blog.

    Characterized by the increasing demand for the vegan, particularly plant-based products, the market for meat substitutes continues its growth at a healthy pace. A new study of Future Market Insights (FMI) foresees that global meat substitutes market will reach beyond US $37 Bn by 2019 end, further witnessing a notable 6% rise through the next seven years.

    The thriving free-form trend will continue to shape consumption patterns within the meat substitutes category. Moreover, increasing demand for natural products, frequent product launches, and high awareness about functional benefits of free-form foods would be arguing well for the growth of meat substitutes market.

    Request a Complete TOC of this Report with figures:
    https://www.futuremarketinsights.com/toc/rep-gb-899

    Impact of meat consumption such as high carbon footprint and the adverse changes in the climatic condition remain factors that influence consumers to switch to meat substitutes. Soy-based food manufacture is thus being thoroughly examined for its carbon emissions, including tofu and tempeh production in Indonesia, to compare their sustainable advantages over meat.

    Meat Substitutes Market
    Global Meat Substitutes Market, By Product

    Key Takeaways – Meat Substitutes Market Study

    • Asia Pacific meat substitutes market offers huge potential in terms of value share.Following the success of products such as tofu as a meat/dairy substitute. In Western countries, tempeh and seitan that originate in Asia, will also be favored as meat substitutes in the West.
    • Tofu that currently accounts for over 45% market share will remain the favored meat substitute. Tempeh is however set to exhibit a higher rate of consumption in the near future.
      • Manufacturers of meat substitutes are focusing on acquisitions.
      • For instance, Light life Foods. Which produces vegan meat substitutes like sausages, tempeh, and burgers, was acquired by Maple Leaf Foods Inc., one of Canada’s largest meat processors, for US $140 million.
      • In 2017, food giant – Unilever Ltd. invested in Netherlands-based food project Plant Meat Matters. The project focuses on the production of all-vegan steak including meat substitutes for both restaurants and home cooks across the globe.
      • In 2018 Tyson Foods, which is considered as the largest meat processor in U.S., announced its investments in fake meat (meat substitutes).

    Ask us your Any Queries About this Report:
    https://www.futuremarketinsights.com/askus/rep-gb-899

    To boost product sales and stand out from the breakneck competition, manufacturers must now intensify their focus on developing novel meat substitutes that closely mimic not only the taste and texture but also the savory aspects of meat.

    Meat Substitutes Market – Report Scope

    AttributeDetails
    Forecast Period2013-2018
    Historical Data Available for2019-2026
    Market AnalysisUS$ for Value and Volume
    Key Regions CoveredNorth America, Latin America, Europe, China, APAC, and Middle East & Africa (MEA)
    Key Countries CoveredU.S, Canada, Mexico, Brazil, Argentina, rest of Latin America, EU5, Nordic, Russia, Poland, Rest of Europe, China, Japan, India, Australia, New Zealand, Rest of APAC, GCC, North Africa, Rest of MEA, & South Africa
    Key Segments CoveredDistribution Channel, Product, Category, Source
    Key Companies ProfiledAmy’s Kitchen, Inc Pinnacle Foods, Inc (Congra Brand) Atlantic Natural Foods, LLC Impossible Foods Inc. Hain Celestial Group, Inc. Beyond Meat Inc. Pacific Foods of Oregon, Inc. Monde Nissin Corporation Kellogg Company Fry Group Foods (Pty) Ltd. Nutrisoy Pty Ltd Nasoya Foods, Inc. Hügli Holding AG Sweet Earth, Inc. VBites Food ltd. The Kraft Heinz Company Schouten Europe B.V. Turtle Island Foods, Inc. Lightlife Foods Inc. Taifun-Tofu GmbH
    Report CoverageMarket Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Analysis, Segmental Analysis, Regional Profiling, Market Structure & Competition Analysis
    Customization & PricingAvailable Upon Request

    Flexitarians to Push Export Opportunities for Manufacturers

    Australia has shown tremendous potential for the growth of meat substitutes market. Over the last few years, several small-sized companies manufacturing meat substitutes have emerged in Eastern Australian regions such as Queensland and Victoria. As country markets in a particular region tend to take market and demand cues from their neighbors, both Australia and New Zealand influence each other’s food cultures. The flexitarian trend amongst Kiwi consumers is on the rise, and consumers are increasingly demanding variants in vegan and meat substitutes. This presents an enormous opportunity for Australia to expand its export base of meat substitutes especially tempeh in New Zealand.

    The post Meat Substitutes Market 2021 | Present Scenario and Growth Prospects 2026 – FMI first appeared on Market Research Blog.

    Related Posts
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Research Reports

    Explore more articles in the Research Reports category

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Modular Storage System  Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Modular Storage System Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    View All Research Reports Posts
    Previous Research Reports PostNon-Dairy Yogurt Market Will Reflect Significant Growth Prospects during 2017-2025
    Next Research Reports PostPharmaceutical Plastic Bottles Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2030