Middle East and Africa Meat Substitute Market 2019-2027

Market Outlook

This report on the meat substitute market in the Middle East & Africa states that the market is expected to grow with a CAGR of 9.84% in the forecast period 2019-2027.

South Africa, Turkey, Saudi Arabia, the United Arab Emirates and countries in rest of MEA together comprise the market for meat substitutes in Middle East & Africa.

Concerns about health & the environment, along with the presence of various religious practices, are the primary reasons promoting the concept of vegetarianism, fueling the growth of South Africa’s meat substitute market. The consumers in South Africa are more likely to buy meat substitutes that are delicious, healthier and also competitively priced. The companies in the market have therefore launched products that are not only cooked like meat, but are also healthier than meat. Products like Seitan, tofu, mushrooms, tempeh, eggplant, jackfruit, lentils, eggplant, cauliflower, beans and legumes are widely popular amongst the vegan consumers.

Another driving force behind the growth of the market is the country’s youth, who, due to exposure to media and the internet, are abreast with the latest diet trends promoting the consumption of healthy, nutritious food. The predominantly consumed meat alternatives in the country are soy-based meat proteins. Meat alternatives are likely to replace meat products in the country, with several restaurants launching vegetarian menus and customizing vegetarian foods as per the tastes of consumers who prefer eating meat products.

Competitive Outlook

Few of the prime players in the meat substitute market are Amy’s Kitchen, Inc., Cauldron Foods, Kellogg Co., Superbom, VBites Food Ltd., Impossible Foods, Inc., The Campbell Soup Company and Vegabom Healthy Option.

1. Middle East And Africa Meat Substitute Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Growing Adoption Of Wheat-Based Foods
2.2.2. Rise In Vegan Cafes And Restaurants
2.3. Porter's Five Force Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Upsurge In Health-Conscious Populace
2.6.2. High Demand For Plant-Based Diet
2.6.3. Increase In Obesity Aids Market Growth
2.7. Market Restraints
2.7.1. Easy Access To Alternative Products
2.8. Market Opportunities
2.8.1. Growing Adoption Of Veganism
2.8.2. Infiltration Of Retail Chain
2.9. Market Challenges
2.9.1. High Cost Levied On Analog Meat
2.9.2. Rise In Allergies Owing To Soya-Based Products

3. Middle East And Africa Meat Substitute Market Outlook - By Category

3.1. Frozen
3.2. Refrigerated
3.3. Shelf-Stable

4. Middle East And Africa Meat Substitute Market Outlook - By Source

4.1. Soy-Based
4.2. Wheat-Based
4.3. Mycoprotein
4.4. Other Sources

5. Middle East And Africa Meat Substitute Market Outlook - By Product

5.1. Tofu-Based
5.2. Tempeh-Based
5.3. Tvp-Based
5.4. Seitan-Based
5.5. Quorn-Based
5.6. Other Products

6. Middle East And Africa Meat Substitute Market - Regional Outlook

6.1. Middle East And Africa
6.1.1. United Arab Emirates
6.1.2. Turkey
6.1.3. Saudi Arabia
6.1.4. South Africa
6.1.5. Rest Of Middle East & Africa

7. Competitive Landscape

7.1. Amy's Kitchen, Inc.
7.2. Beyond Meat
7.3. Cauldron Foods
7.4. Quorn Foods
7.5. Kellogg Co.
7.6. The Tofurky Company
7.7. Superbom
7.8. Meatless B.V.
7.9. Vbites Food Ltd.
7.10. Mgp Ingredients
7.11. Impossible Foods, Inc.
7.12. Conagra Brands, Inc.
7.13. The Campbell Soup Company
7.14. Sonic Biochem Limited
7.15. Vegabom Healthy Option

8. Methodology & Scope

8.1. Research Scope
8.2. Sources Of Data
8.3. Research Methodology
List of Tables
Table 1: Middle East And Africa Meat Substitute Market, By Country, 2019-2027 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Middle East And Africa Meat Substitute Market, By Category, 2019-2027 (In $ Million)
Table 5: Middle East And Africa Meat Substitute Market, By Source, 2019-2027 (In $ Million)
Table 6: Middle East And Africa Meat Substitute Market, By Product, 2019-2027 (In $ Million)
Table 7: Middle East And Africa Meat Substitute Market, By Country, 2019-2027 (In $ Million)

List of Figures

Figure 1: Middle East And Africa Meat Substitute Market, By Category, 2018 & 2027 (In %)
Figure 2: Porter's Five Force Analysis
Figure 3: Middle East And Africa Meat Substitute Market, By Frozen, 2019-2027 (In $ Million)
Figure 4: Middle East And Africa Meat Substitute Market, By Refrigerated, 2019-2027 (In $ Million)
Figure 5: Middle East And Africa Meat Substitute Market, By Shelf-Stable, 2019-2027 (In $ Million)
Figure 6: Middle East And Africa Meat Substitute Market, By Soy-Based, 2019-2027 (In $ Million)
Figure 7: Middle East And Africa Meat Substitute Market, By Wheat-Based, 2019-2027 (In $ Million)
Figure 8: Middle East And Africa Meat Substitute Market, By Mycoprotein, 2019-2027 (In $ Million)
Figure 9: Middle East And Africa Meat Substitute Market, By Other Sources, 2019-2027 (In $ Million)
Figure 10: Middle East And Africa Meat Substitute Market, By Tofu-Based, 2019-2027 (In $ Million)
Figure 11: Middle East And Africa Meat Substitute Market, By Tempeh-Based, 2019-2027 (In $ Million)
Figure 12: Middle East And Africa Meat Substitute Market, By Tvp-Based, 2019-2027 (In $ Million)
Figure 13: Middle East And Africa Meat Substitute Market, By Seitan-Based, 2019-2027 (In $ Million)
Figure 14: Middle East And Africa Meat Substitute Market, By Quorn-Based, 2019-2027 (In $ Million)
Figure 15: Middle East And Africa Meat Substitute Market, By Other Products, 2019-2027 (In $ Million)
Figure 16: Middle East And Africa Meat Substitute Market, Regional Outlook, 2018 & 2027 (In %)
Figure 17: United Arab Emirates Meat Substitute Market, 2019-2027 (In $ Million)
Figure 18: Turkey Meat Substitute Market, 2019-2027 (In $ Million)
Figure 19: Saudi Arabia Meat Substitute Market, 2019-2027 (In $ Million)
Figure 20: South Africa Meat Substitute Market, 2019-2027 (In $ Million)
Figure 21: Rest Of Middle East & Africa Meat Substitute Market, 2019-2027 (In $ Million)