Subject: MRR
USD 2.15 Bn growth in Meat Substitutes Market | Beyond Meat Inc., Ecozone UK Ltd., Gathered Foods Corp. emerge as top players | Technavio
NEW YORK, Oct. 28, 2021 /PRNewswire/ -- The meat substitutes market size is set to grow by USD 2.15 billion from 2020 to 2025, according to Technavio. The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
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Factors such as new product launches and an increase in the number of people following a vegan lifestyle will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The meat substitutes market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
The report covers the following areas:
- Meat Substitutes Market size
- Meat Substitutes Market trends
- Meat Substitutes Market industry analysis
Meat Substitutes Market 2021-2025: Segmentation
- Type
- Soy-based
- Wheat-based
- Mycoprotein-based
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
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Meat Substitutes Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the meat substitutes market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Beyond Meat Inc., Ecozone UK Ltd., Gathered Foods Corp., Impossible Foods Inc., Maple Leaf Foods Inc., Monde Nissin Corp., The Kraft Heinz Co., The Tofurky Co. Inc., Tyson Foods Inc., and Unilever Group.
The meat substitutes market is fragmented, and the degree of fragmentation will accelerate. New product launches will offer immense growth opportunities. However, the relatively high price of meat substitutes will hamper the market growth.
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Meat Substitutes Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist meat substitutes market growth during the next five years
- Estimation of the meat substitutes market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the meat substitutes market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of meat substitutes market vendors
Related Reports:
Global Dairy Free Market - Global dairy free market is segmented by type (beverages and foods) and geography (APAC, North America, Europe, South America, and MEA).
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Global Plant-based Meat Market - Global plant-based meat market is segmented by type (plant based beef, plant based chicken, plant based pork, and others) and geography (North America, Europe, APAC, South America, and MEA).
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Meat Substitutes Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of over 10% |
Market growth 2021-2025 | USD 2.15 billion |
Market structure | Fragmented |
YoY growth (%) | 8.97 |
Regional analysis | North America, Europe, APAC, South America, and MEA |
Performing market contribution | North America at 43% |
Key consumer countries | US, UK, Germany, Italy, and France |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Beyond Meat Inc., Ecozone UK Ltd., Gathered Foods Corp., Impossible Foods Inc., Maple Leaf Foods Inc., Monde Nissin Corp., The Kraft Heinz Co., The Tofurky Co. Inc., Tyson Foods Inc., and Unilever Group |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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