Meat Substitutes Market Size, Share & Trend Report

Meat Substitutes Market Size, Share & Trend Analysis Report By Source (Plant-based Protein, Mycoprotein, Soy-based, Others), By Distribution Channel (Foodservice, Retail), By Region, And Segment Forecasts, 2024 - 2030

Report ID: 978-1-68038-405-5
Number of Pages: 80
Format: Electronic (PDF)

Historical Range: 2018 - 2022
Industry: Consumer Goods

Market Segmentation

Meat Substitutes Source Outlook (USD Billion, 2018 - 2030)
- Plant-based Protein
- Mycoprotein
- Soy-based
- Others
Meat Substitutes Distribution Channel Outlook (USD Billion, 2018 - 2030)
- Foodservice
- Retail
Meat Substitutes Regional Outlook (USD Billion, 2018 - 2030)
- North America
  - North America Meat Substitutes Market, by Source
    - Plant-based Protein
    - Mycoprotein
    - Soy-based
    - Others
  - North America Meat Substitutes Market, by Distribution Channel
    - Foodservice
    - Retail
  - U.S.
    - U.S. Meat substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - U.S. Meat substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Canada
    - Canada Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Canada Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Mexico
    - Mexico Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Mexico Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
- Europe
  - Europe Meat Substitutes Market, by Source
    - Plant-based Protein
    - Mycoprotein
    - Soy-based
    - Others
  - Europe Meat Substitutes Market, by Distribution Channel
    - Foodservice
    - Retail
  - U.K.
    - U.K. Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - U.K. Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Germany
    - Germany Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Germany Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - France
    - France Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - France Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Spain
    - Spain Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Spain Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Italy
    - Italy Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Italy Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
- Asia Pacific
  - Asia Pacific Meat Substitutes Market, by Source
    - Plant-based Protein
    - Mycoprotein
    - Soy-based
    - Others
  - Asia Pacific Meat Substitutes Market, by Distribution Channel
    - Foodservice
    - Retail
  - China
    - China Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - China Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Japan
    - Japan Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Japan Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - India
    - India Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - India Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - Australia & New Zealand
    - Australia & New Zealand Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Australia & New Zealand Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
  - South Korea
    - South Korea Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - South Korea Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
- Central & South America
  - Central & South America Meat Substitutes Market, by Source
    - Plant-based Protein
    - Mycoprotein
    - Soy-based
    - Others
  - Central & South America Meat Substitutes Market, by Distribution Channel
    - Foodservice
    - Retail
  - Brazil
    - Brazil Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - Brazil Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail
- Middle East & Africa
  - Middle East & Africa Meat Substitutes Market, by source
    - Plant-based Protein
    - Mycoprotein
    - Soy-based
    - Others
  - Middle East & Africa Meat Substitutes Market, By Distribution Channel
    - Foodservice
    - Retail
  - South Africa
    - South Africa Meat Substitutes Market, by Source
      - Plant-based Protein
      - Mycoprotein
      - Soy-based
      - Others
    - South Africa Meat Substitutes Market, by Distribution Channel
      - Foodservice
      - Retail

Meat Substitutes Market Dynamics

Driver: Increasing health awareness and environmental issues

Meat production accounts for over 14.5% of the total global greenhouse gas (GHG) emissions, using 70% of agricultural land, including a third of arable land needed for crop production, owing to which it is also a key driver of deforestation, loss of wildlife, land degradation. The 2014 IPCC report on climate change emissions identified changing diets as a significant, though undeveloped area for action. According to the U.S. Environmental Protection Agency (EPA), animals in U.S. factory farms produce about 500 million tons of manure each year. With no animal sewage processing plants, it is most often stored in waste “lagoons” (which can be seen in aerial views of factory farms), or it gets sprayed over fields. Runoff from factory farms and livestock grazing are among the leading causes of pollution of rivers and lakes. The EPA notes that bacteria and viruses can be carried by the runoff and that groundwater can be contaminated.

Opportunity: TVP application dominated the global meat substitutes market and experienced the highest penetration in the market ahead of tofu-based products and tofu. Regional preferences characterize the meat substitute demand in the regional markets. Tofu and tofu-based products are widespread in the West while wheat-based products are widespread in the Asia Pacific region. Widespread consumption of TVP across the globe is highlighted by its high market penetration. Seitan and mycoprotein are relatively less prevalent in the global market at present, as illustrated by their low penetration.

Restraint: Adverse effects of processed food

Meat substitute products use textured vegetable proteins as one of the ingredients. To enhance appearance and taste, these products may also contain preservatives, food dyes, or artificial flavoring materials. All these additives are known to have an adverse effect on the health. The use of some types of food dyes has been banned in Europe because of their link with hyperactivity in children and effects on the nervous system. Red 40, which is widely used in certain meat products is one of several artificial food coloring chemicals that may pose health risks. Phosphate salts, which are used as emulsifiers in food processing, are known to affect the kidneys. Emulsifiers are necessary as they stabilize oil and water mixtures. Sodium phosphate and potassium phosphate are examples of this type of food additives. Potassium phosphate is known to cause allergic reactions.

What Does This Report Include?

This section will provide insights into the contents included in this meat substitutes market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Meat substitutes market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Meat substitutes market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

Or view our licence options:

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

ESOMAR certified & member

ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.