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Meat Substitutes - Global Market Trajectory & Analytics

  • ID: 5028017
  • Report
  • July 2020
  • Region: Global
  • 199 pages
  • Global Industry Analysts, Inc
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Global Meat Substitutes Market to Reach $6.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Meat Substitutes estimated at US$4.8 Billion in the year 2020, is projected to reach a revised size of US$6.9 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027. Tofu & Tofu Ingredients, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$2.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Textured Vegetable Protein (TVP) segment is readjusted to a revised 5.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 5% CAGR

The Meat Substitutes market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Seitan Segment to Record 5% CAGR

In the global Seitan segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$183.7 Million in the year 2020 will reach a projected size of US$259 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$794.6 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 199-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Amy's Kitchen, Inc.
  • Archer Daniels Midland Company
  • Beyond Meat
  • DowDuPont, Inc.
  • Gardein
  • Meatless
  • MGP Ingredients, Inc.
  • Morningstar Farms L.C
  • Quorn Foods
  • Sonic Biochem Extraction Pvt., Ltd.
  • The Nisshin OilliO Group Ltd.
  • VBites Foods Limited

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Meat Substitutes Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Meat Substitutes Global Market Estimates and Forecasts in US$ Millionby Region/Country: 2020-2027
TABLE 2: Meat Substitutes Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Meat Substitutes Market Share Shift across Key Geographies Worldwide:2012 VS 2020 VS 2027
TABLE 4: Tofu & Tofu Ingredients (Type) World Market by Region/Country in US$ Million:2020 to 2027
TABLE 5: Tofu & Tofu Ingredients (Type) Historic Market Analysis by Region/Countryin US$ Million: 2012 to 2019
TABLE 6: Tofu & Tofu Ingredients (Type) Market Share Breakdown of Worldwide Salesby Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Textured Vegetable Protein (TVP) (Type) Potential Growth Markets Worldwidein US$ Million: 2020 to 2027
TABLE 8: Textured Vegetable Protein (TVP) (Type) Historic Market Perspective by Region/Countryin US$ Million: 2012 to 2019
TABLE 9: Textured Vegetable Protein (TVP) (Type) Market Sales Breakdown by Region/Countryin Percentage: 2012 VS 2020 VS 2027
TABLE 10: Seitan (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Seitan (Type) Region Wise Breakdown of Global Historic Demand in US$ Million:2012 to 2019
TABLE 12: Seitan (Type) Market Share Distribution in Percentage by Region/Country:2012 VS 2020 VS 2027
TABLE 13: Quorn (Type) World Market Estimates and Forecasts by Region/Countryin US$ Million: 2020 to 2027
TABLE 14: Quorn (Type) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 15: Quorn (Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 16: Other Types (Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 17: Other Types (Type) Historic Market Analysis by Region/Country in US$ Million:2012 to 2019
TABLE 18: Other Types (Type) Market Share Distribution in Percentage by Region/Country:2012 VS 2020 VS 2027
TABLE 19: Frozen (Category) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027
TABLE 20: Frozen (Category) Market Worldwide Historic Review by Region/Country in US$ Million: 2012 to 2019
TABLE 21: Frozen (Category) Market Percentage Share Distribution by Region/Country:2012 VS 2020 VS 2027
TABLE 22: Refrigerated (Category) Market Opportunity Analysis Worldwide in US$ Millionby Region/Country: 2020 to 2027
TABLE 23: Refrigerated (Category) Global Historic Demand in US$ Million by Region/Country:2012 to 2019
TABLE 24: Refrigerated (Category) Market Share Distribution in Percentage by Region/Country:2012 VS 2020 VS 2027
TABLE 25: Shelf-Stable (Category) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 26: Shelf-Stable (Category) Historic Market Analysis by Region/Country in US$ Million:2012 to 2019
TABLE 27: Shelf-Stable (Category) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Meat Substitutes Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 28: United States Meat Substitutes Market Estimates and Projections in US$ Millionby Type: 2020 to 2027
TABLE 29: Meat Substitutes Market in the United States by Type: A Historic Reviewin US$ Million for 2012-2019
TABLE 30: United States Meat Substitutes Market Share Breakdown by Type:2012 VS 2020 VS 2027
TABLE 31: United States Meat Substitutes Market Estimates and Projections in US$ Millionby Category: 2020 to 2027
TABLE 32: Meat Substitutes Market in the United States by Category: A Historic Reviewin US$ Million for 2012-2019
TABLE 33: United States Meat Substitutes Market Share Breakdown by Category:2012 VS 2020 VS 2027

CANADA

TABLE 34: Canadian Meat Substitutes Market Estimates and Forecasts in US$ Millionby Type: 2020 to 2027
TABLE 35: Canadian Meat Substitutes Historic Market Review by Type in US$ Million: 2012-2019
TABLE 36: Meat Substitutes Market in Canada: Percentage Share Breakdown of Salesby Type for 2012, 2020, and 2027
TABLE 37: Canadian Meat Substitutes Market Estimates and Forecasts in US$ Millionby Category: 2020 to 2027
TABLE 38: Canadian Meat Substitutes Historic Market Review by Category in US$ Million:2012-2019
TABLE 39: Meat Substitutes Market in Canada: Percentage Share Breakdown of Salesby Category for 2012, 2020, and 2027

JAPAN

TABLE 40: Japanese Market for Meat Substitutes: Annual Sales Estimates and Projectionsin US$ Million by Type for the Period 2020-2027
TABLE 41: Meat Substitutes Market in Japan: Historic Sales Analysis in US$ Millionby Type for the Period 2012-2019
TABLE 42: Japanese Meat Substitutes Market Share Analysis by Type: 2012 VS 2020 VS 2027
TABLE 43: Japanese Market for Meat Substitutes: Annual Sales Estimates and Projectionsin US$ Million by Category for the Period 2020-2027
TABLE 44: Meat Substitutes Market in Japan: Historic Sales Analysis in US$ Millionby Category for the Period 2012-2019
TABLE 45: Japanese Meat Substitutes Market Share Analysis by Category:2012 VS 2020 VS 2027

CHINA

TABLE 46: Chinese Meat Substitutes Market Growth Prospects in US$ Million by Typefor the Period 2020-2027
TABLE 47: Meat Substitutes Historic Market Analysis in China in US$ Million by Type:2012-2019
TABLE 48: Chinese Meat Substitutes Market by Type: Percentage Breakdown of Salesfor 2012, 2020, and 2027
TABLE 49: Chinese Meat Substitutes Market Growth Prospects in US$ Million by Categoryfor the Period 2020-2027
TABLE 50: Meat Substitutes Historic Market Analysis in China in US$ Million by Category: 2012-2019
TABLE 51: Chinese Meat Substitutes Market by Category: Percentage Breakdown of Salesfor 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Meat Substitutes Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 52: European Meat Substitutes Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 53: Meat Substitutes Market in Europe: A Historic Market Perspective in US$ Millionby Region/Country for the Period 2012-2019
TABLE 54: European Meat Substitutes Market Share Shift by Region/Country:2012 VS 2020 VS 2027
TABLE 55: European Meat Substitutes Market Estimates and Forecasts in US$ Millionby Type: 2020-2027
TABLE 56: Meat Substitutes Market in Europe in US$ Million by Type: A Historic Reviewfor the Period 2012-2019
TABLE 57: European Meat Substitutes Market Share Breakdown by Type:2012 VS 2020 VS 2027
TABLE 58: European Meat Substitutes Market Estimates and Forecasts in US$ Millionby Category: 2020-2027
TABLE 59: Meat Substitutes Market in Europe in US$ Million by Category: A Historic Reviewfor the Period 2012-2019
TABLE 60: European Meat Substitutes Market Share Breakdown by Category:2012 VS 2020 VS 2027

FRANCE

TABLE 61: Meat Substitutes Market in France by Type: Estimates and Projections in US$ Millionfor the Period 2020-2027
TABLE 62: French Meat Substitutes Historic Market Scenario in US$ Million by Type: 2012-2019
TABLE 63: French Meat Substitutes Market Share Analysis by Type: 2012 VS 2020 VS 2027
TABLE 64: Meat Substitutes Market in France by Category: Estimates and Projectionsin US$ Million for the Period 2020-2027
TABLE 65: French Meat Substitutes Historic Market Scenario in US$ Million by Category:2012-2019
TABLE 66: French Meat Substitutes Market Share Analysis by Category: 2012 VS 2020 VS 2027

GERMANY

TABLE 67: Meat Substitutes Market in Germany: Recent Past, Current and Future Analysisin US$ Million by Type for the Period 2020-2027
TABLE 68: German Meat Substitutes Historic Market Analysis in US$ Million by Type:2012-2019
TABLE 69: German Meat Substitutes Market Share Breakdown by Type:2012 VS 2020 VS 2027
TABLE 70: Meat Substitutes Market in Germany: Recent Past, Current and Future Analysisin US$ Million by Category for the Period 2020-2027
TABLE 71: German Meat Substitutes Historic Market Analysis in US$ Million by Category:2012-2019
TABLE 72: German Meat Substitutes Market Share Breakdown by Category:2012 VS 2020 VS 2027

ITALY

TABLE 73: Italian Meat Substitutes Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 74: Meat Substitutes Historic Market Analysis in Italy in US$ Million by Type: 2012-2019
TABLE 75: Italian Meat Substitutes Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
TABLE 76: Italian Meat Substitutes Market Growth Prospects in US$ Million by Categoryfor the Period 2020-2027
TABLE 77: Meat Substitutes Historic Market Analysis in Italy in US$ Million by Category:2012-2019
TABLE 78: Italian Meat Substitutes Market by Category: Percentage Breakdown of Salesfor 2012, 2020, and 2027

UNITED KINGDOM

TABLE 79: United Kingdom Market for Meat Substitutes: Annual Sales Estimates and Projectionsin US$ Million by Type for the Period 2020-2027
TABLE 80: Meat Substitutes Market in the United Kingdom: Historic Sales Analysis in US$ Millionby Type for the Period 2012-2019
TABLE 81: United Kingdom Meat Substitutes Market Share Analysis by Type:2012 VS 2020 VS 2027
TABLE 82: United Kingdom Market for Meat Substitutes: Annual Sales Estimates and Projectionsin US$ Million by Category for the Period 2020-2027
TABLE 83: Meat Substitutes Market in the United Kingdom: Historic Sales Analysis in US$ Millionby Category for the Period 2012-2019
TABLE 84: United Kingdom Meat Substitutes Market Share Analysis by Category:2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 85: Rest of Europe Meat Substitutes Market Estimates and Forecasts in US$ Millionby Type: 2020-2027
TABLE 86: Meat Substitutes Market in Rest of Europe in US$ Million by Type: A Historic Reviewfor the Period 2012-2019
TABLE 87: Rest of Europe Meat Substitutes Market Share Breakdown by Type:2012 VS 2020 VS 2027
TABLE 88: Rest of Europe Meat Substitutes Market Estimates and Forecasts in US$ Millionby Category: 2020-2027
TABLE 89: Meat Substitutes Market in Rest of Europe in US$ Million by Category:A Historic Review for the Period 2012-2019
TABLE 90: Rest of Europe Meat Substitutes Market Share Breakdown by Category:2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 91: Meat Substitutes Market in Asia-Pacific by Type: Estimates and Projectionsin US$ Million for the Period 2020-2027
TABLE 92: Asia-Pacific Meat Substitutes Historic Market Scenario in US$ Million by Type:2012-2019
TABLE 93: Asia-Pacific Meat Substitutes Market Share Analysis by Type:2012 VS 2020 VS 2027
TABLE 94: Meat Substitutes Market in Asia-Pacific by Category: Estimates and Projectionsin US$ Million for the Period 2020-2027
TABLE 95: Asia-Pacific Meat Substitutes Historic Market Scenario in US$ Millionby Category: 2012-2019
TABLE 96: Asia-Pacific Meat Substitutes Market Share Analysis by Category:2012 VS 2020 VS 2027

REST OF WORLD

TABLE 97: Rest of World Meat Substitutes Market Estimates and Forecasts in US$ Millionby Type: 2020 to 2027
TABLE 98: Rest of World Meat Substitutes Historic Market Review by Type in US$ Million:2012-2019
TABLE 99: Meat Substitutes Market in Rest of World: Percentage Share Breakdownof Sales by Type for 2012, 2020, and 2027
TABLE 100: Rest of World Meat Substitutes Market Estimates and Forecasts in US$ Millionby Category: 2020 to 2027
TABLE 101: Rest of World Meat Substitutes Historic Market Review by Categoryin US$ Million: 2012-2019
TABLE 102: Meat Substitutes Market in Rest of World: Percentage Share Breakdown of Salesby Category for 2012, 2020, and 2027

IV. COMPETITION

Total Companies Profiled: 58

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