Asia-Pacific Meat Substitute Market 2019-2027

Market Outlook

The author envisions that the market for meat substitutes in the Asia-Pacific would witness a compound annual growth rate of 8.91% over the forecast period 2019-2027.

Japan, China, India, South Korea, ASEAN countries, Australia & New Zealand and countries in rest of APAC together form the meat substitute market in the Asia-Pacific region.

Consumers in India are becoming increasingly aware of health issues caused due to excessive meat consumption, which is fueling the growth of the meat substitute market in the country. Moreover, India has a large number of vegetarians, who avoid consuming meat due to religious factors; this raises the demand for alternatives to meat. Vegetarians and vegans have largely benefited from the consumption of meat substitute products, as these products resolve the issues of protein deficiency due to their protein-rich content. India is one of the fastest-growing economies in the world; however, issues such as malnourishment (especially among children), diabetes and cardiovascular diseases affect a large percentage of the country’s population. The consumption of textured vegetable proteins like soybean, which is a plant-based protein proves to be extremely beneficial. Soybean has a high protein content, more than any other meat-based products or legumes. The consumption of soybean and minimum saturated fat is thus increasing in the country, in turn, benefiting the health of the consumers.

Competitive Outlook

Amy’s Kitchen, Inc., Beyond Meat, Cauldron Foods, Quorn Foods, Kellogg Co., The Tofurky Company and Superbom are the distinguished names in the meat substitute market.

1. Asia-Pacific Meat Substitute Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Asia-Pacific Leads The Regional Market
2.2.2. Growing Adoption Of Wheat-Based Foods
2.2.3. 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. Asia-Pacific Meat Substitute Market Outlook - By Category
3.1. Frozen
3.2. Refrigerated
3.3. Shelf-Stable

4. Asia-Pacific Meat Substitute Market Outlook - By Source
4.1. Soy-Based
4.2. Wheat-Based
4.3. Mycoprotein
4.4. Other Sources

5. Asia-Pacific 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. Asia-Pacific Meat Substitute Market - Regional Outlook
6.1. Asia-Pacific
6.1.1. China
6.1.2. Japan
6.1.3. India
6.1.4. South Korea
6.1.5. Asean Countries
6.1.6. Australia & New Zealand
6.1.7. Rest Of Asia-Pacific

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: Asia-Pacific Meat Substitute Market, By Country, 2019-2027 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Asia-Pacific Meat Substitute Market, By Category, 2019-2027 (In $ Million)
Table 5: Asia-Pacific Meat Substitute Market, By Source, 2019-2027 (In $ Million)
Table 6: Asia-Pacific Meat Substitute Market, By Product, 2019-2027 (In $ Million)
Table 7: Asia-Pacific Meat Substitute Market, By Country, 2019-2027 (In $ Million)

List of Figures
Figure 1: Asia-Pacific Meat Substitute Market, By Category, 2018 & 2027 (In %)
Figure 2: Porter's Five Force Analysis
Figure 3: Asia-Pacific Meat Substitute Market, By Frozen, 2019-2027 (In $ Million)
Figure 4: Asia-Pacific Meat Substitute Market, By Refrigerated, 2019-2027 (In $ Million)
Figure 5: Asia-Pacific Meat Substitute Market, By Shelf-Stable, 2019-2027 (In $ Million)
Figure 6: Asia-Pacific Meat Substitute Market, By Soy-Based, 2019-2027 (In $ Million)
Figure 7: Asia-Pacific Meat Substitute Market, By Wheat-Based, 2019-2027 (In $ Million)
Figure 8: Asia-Pacific Meat Substitute Market, By Mycoprotein, 2019-2027 (In $ Million)
Figure 9: Asia-Pacific Meat Substitute Market, By Other Sources, 2019-2027 (In $ Million)
Figure 10: Asia-Pacific Meat Substitute Market, By Tofu-Based, 2019-2027 (In $ Million)
Figure 11: Asia-Pacific Meat Substitute Market, By Tempeh-Based, 2019-2027 (In $ Million)
Figure 12: Asia-Pacific Meat Substitute Market, By Tvp-Based, 2019-2027 (In $ Million)
Figure 13: Asia-Pacific Meat Substitute Market, By Seitan-Based, 2019-2027 (In $ Million)
Figure 14: Asia-Pacific Meat Substitute Market, By Quorn-Based, 2019-2027 (In $ Million)
Figure 15: Asia-Pacific Meat Substitute Market, By Other Products, 2019-2027 (In $ Million)
Figure 16: Asia-Pacific Meat Substitute Market, Regional Outlook, 2018 & 2027 (In %)
Figure 17: China Meat Substitute Market, 2019-2027 (In $ Million)
Figure 18: Japan Meat Substitute Market, 2019-2027 (In $ Million)
Figure 19: India Meat Substitute Market, 2019-2027 (In $ Million)
Figure 20: South Korea Meat Substitute Market, 2019-2027 (In $ Million)
Figure 21: Asean Countries Meat Substitute Market, 2019-2027 (In $ Million)
Figure 22: Australia & New Zealand Meat Substitute Market, 2019-2027 (In $ Million)
Figure 23: Rest Of Asia-Pacific Meat Substitute Market, 2019-2027 (In $ Million)