Meat Substitutes Market Is Anticipated To Reach $5.81 Billion by 2022: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting
New Market Research Reports Title Global Meat Substitutes Market Analysis Size And Segment Forecasts To 2022 Has Been Added to GrandViewReseach.com Report Database

The global meat substitute market is expected to reach USD 5810.1 million by 2022, according to a new study by Grand View Research, Inc. Rising health awareness coupled with shifting dietary preferences towards vegan diet is expected to drive the  global meat substitutes market. Recent animal disease outbreaks and growing prevalence of various lifestyle induced diseases such as obesity and diabetes are also expected to have a positive impact on the market growth. High price of various meat substitutes is expected to hinder the market growth. Increasing R&D initiatives to develop superior and cheaper products is expected to yield opportunities for market participants. 

Full research report on Global Meat Substitutes Market with detailed figures and charts available at:
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Soy emerged as the major raw material used for producing meat substitute products. Soy alone accounted for over 80% of total market revenue in 2014. Growing demand for nutritional food on account of growing health concerns is expected to drive this segment over the forecast period. Soy based meat substitutes is a good source of vitamin B, protein and Iron. Wheat is expected to be the fastest growing raw material use for producing meat substitutes. The segment is expected to grow at an estimated CAGR of 10.0% from 2015 to 2022.

Global meat substitutes market revenue, by raw material, (USD Million), 2012 – 2022

Further key findings from the study suggest:

  • Global meat substitute market was valued at USD 3,336.5 million in 2014 and is expected to reach USD 5,810.1 million by 2022, growing at a CAGR of 7.5% from 2015 to 2022.
  • Textured vegetable protein (TVP) emerged as the leading product segment and accounted for 43.7% of total market revenue in 2014. Increasing demand for soy based meat substitutes is expected to drive this segment over the forecast period. Seitan is expected to witness the highest growth of 9.8% from 2015 to 2022. Growing wheat gluten consumption in Asia Pacific is expected to drive this segment over the forecast period.
  • Europe emerged as the leading regional market and accounted for 42.0% of total market revenue in 2014. Growing health concerns particularly in developed economies of Europe is expected to drive the regional market over the forecast period. Asia Pacific is expected to witness the highest growth of 8.6% from 2015 to 2022. Increasing disposable income level particularly in India, China and Indonesia is expected to drive the regional market.  
  • Major industry participants have been taking strong initiatives to develop superior quality meat substitute products. Companies have been engaged in mergers & acquisitions and forging partnerships with those possessing R&D capabilities and having strong presence in the agro sector. Prominent industry participants include AMY’s Kitchen, Beyond Meat, Blue Chip Group, Cauldron Foods UK, garden Protein International Inc., Meatless B.V., Quorn Foods and Vbites Food Ltd. 


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For the purpose of this study, Grand View Research has segmented the meat substitute market on the basis of raw material, product and region:

Chapter 1. Executive Summary
               1.1. Meat Substitutes – Industry Summary and Key Buying Criteria
Chapter 2. Meat Substitutes Industry Outlook
               2.1. Market Segmentation
               2.2. Market Size and Growth Prospects
               2.3. Meat Substitutes Value Chain Analysis
                   2.3.1. Vendor Landscape
               2.4. Meat Substitutes Market Dynamics
                  2.4.1. Market driver analysis
                     2.4.1.1. Growing health awareness
                     2.4.1.2. Recent animal disease outbreaks
                     2.4.1.3. Better health benefits
                  2.4.2. Market restraint analysis
                     2.4.2.1. Higher meat substitute cost
               2.5. Regulatory Framework 
               2.6. Key Opportunities Prioritized
               2.7. Industry Analysis – Porter’s
               2.8. Meat Substitutes Market PESTEL Analysis, 2013
Chapter 3. Meat Substitutes Raw Material Outlook
               3.1. Global Meat Substitutes Market Share by Raw Material, 2012-2022
               3.2. Soy based
                  3.2.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  3.2.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               3.3. Wheat based
                  3.3.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  3.3.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               3.4. Mycoprotein
                  3.4.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  3.4.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               3.5. Others
                  3.5.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  3.5.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
Chapter 4. Meat Substitute Product Outlook
               4.1. Global Meat Substitutes Market Share by Product, 2014 & 2022 
               4.2. Tofu
                  4.2.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.2.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.3. Tofu-based products
                  4.3.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.3.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.4. Tempeh
                  4.4.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.4.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.5. Textured Vegetable Protein (TVP)
                  4.5.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.5.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.6. Other soy products
                  4.6.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.6.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.7. Seitan
                  4.7.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.7.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.8. Quorn
                  4.8.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.8.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
               4.9. Others
                  4.9.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  4.9.2. Market estimates and forecast by region, 2012 – 2022, (USD Million)
Chapter 5. Meat Substitutes Regional Outlook
               5.1. Global Meat Substitutes Market Share by Region, 2012-2022
               5.2. North America 
                  5.2.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  5.2.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                  5.2.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
                  5.2.4. Market estimates and forecast by country, 2012 – 2022, (USD Million)
                     5.2.4.1. U.S.
                     5.2.4.2. Market estimates and forecast, 2012 – 2022, (USD Million)
                     5.2.4.3. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                     5.2.4.4. Market estimates and forecast by product, 2012 – 2022, (USD Million)
               5.3. Europe
                  5.3.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  5.3.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                  5.3.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
                  5.3.4. Market estimates and forecast by country, 2012 – 2022, (USD Million)
                     5.3.4.1. Germany
                        5.3.4.1.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                        5.3.4.1.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                        5.3.4.1.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
                     5.3.4.2. UK
                        5.3.4.2.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                        5.3.4.2.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                        5.3.4.2.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
               5.4. Asia Pacific
                  5.4.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  5.4.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                  5.4.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
                  5.4.4. Market estimates and forecast by country, 2012 – 2022, (USD Million)
                        5.4.4.1. China
                           5.4.4.1.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                           5.4.4.1.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                           5.4.4.1.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
                        5.4.4.2. Japan
                           5.4.4.2.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                           5.4.4.2.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                           5.4.4.2.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
                        5.4.4.3. India
                           5.4.4.3.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                           5.4.4.3.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                           5.4.4.3.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
               5.5. Central & South America
                  5.5.1. Market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
                  5.5.2. Market estimates and forecast by raw material, 2012 – 2022 (Kilo Tons) (USD Million)
                  5.5.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
               5.6. Middle East & Africa
                  5.6.1. Market estimates and forecast, 2012 – 2022, (USD Million)
                  5.6.2. Market estimates and forecast by raw material, 2012 – 2022, (USD Million)
                  5.6.3. Market estimates and forecast by product, 2012 – 2022, (USD Million)
Chapter 6. Competitive Landscape
               6.1. AMY’s Kitchen Inc.
                  6.1.1. Company Overview
                  6.1.2. Financial Performance
                  6.1.3. Product Benchmarking
                  6.1.4. Strategic Initiatives
               6.2. Vbites Food Ltd
                  6.2.1. Company Overview
                  6.2.2. Financial Performance
                  6.2.3. Product Benchmarking
                  6.2.4. Strategic Initiatives
               6.3. Beyond Meat
                  6.3.1. Company Overview
                  6.3.2. Financial Performance
                  6.3.3. Product Benchmarking
                  6.3.4. Strategic Initiatives
               6.4. Morning Star Farms
                  6.4.1. Company Overview
                  6.4.2. Financial Performance
                  6.4.3. Product Benchmarking
                  6.4.4. Strategic Initiatives
               6.5. Blue Chip Group
                  6.5.1. Company Overview
                  6.5.2. Financial Performance
                  6.5.3. Product Benchmarking
                  6.5.4. Strategic Initiatives
               6.6. MGP Ingredients Inc.
                  6.6.1. Company Overview
                  6.6.2. Financial Performance
                  6.6.3. Product Benchmarking
                  6.6.4. Strategic Initiatives
               6.7. Cauldron Foods U.K
                  6.7.1. Company Overview
                  6.7.2. Financial Performance
                  6.7.3. Product Benchmarking
                  6.7.4. Strategic Initiatives
               6.8. Quorn Foods
                  6.8.1. Company Overview
                  6.8.2. Financial Performance
                  6.8.3. Product Benchmarking
                  6.8.4. Strategic Initiatives
               6.9. Garden Protein International Inc.
                  6.9.1. Company Overview
                  6.9.2. Financial Performance
                  6.9.3. Product Benchmarking
                  6.9.4. Strategic Initiatives
               6.10. Meatless B.V.
                  6.10.1. Company Overview
                  6.10.2. Financial Performance
                  6.10.3. Product Benchmarking
                  6.10.4. Strategic Initiatives


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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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