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India Meat Substitutes Market, By Product (Quorn, Tempeh, Tofu, Seitan and others), By Source (Soy, Wheat, Pea and Others), By Type (Concentrates, Isolates, Textured), By Form (Solid Vs Liquid), By Company, By Region, Forecast & Opportunities, FY2016-FY2027

  • ID: 5306205
  • Report
  • April 2021
  • Region: India
  • 76 pages
  • TechSci Research
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The Indian Meat Substitutes Market is Estimated to Reach Over Usd45 Million in Value Terms by the End of Fy2026 and is Forecast to Grow at CAGR of 7.48% During Fy2021E-Fy2026F.

FEATURED COMPANIES

  • Sonic Biochem Limited
  • MORE
The Indian Meat Substitutes Market is estimated to reach over USD45 million in value terms by the end of FY2026 and is forecast to grow at CAGR of 7.48% during FY2021E-FY2026F. The Indian Meat Substitutes Market is driven by rising health concerns coupled with growing awareness about various diseases caused due to lack of proteins among consumers. Also, the increasing vegetarian population in India is expected to bolster the market growth over the next few years. Growing demand for plant-based meat products among the population is further aiding the growth of the Indian Meat Substitutes Market over the coming years.

The Indian Meat Substitutes Market is segmented based on product, source, type, form, company and region. Based on form, the market can be categorized into solid and liquid. Out of which, the solid segment dominated the Indian Meat Substitutes Market until FY2020 and is forecast to maintain its lead during the forecast period as well, attributing to high preference by food manufacturers owing to their ease of usage and their ability to preserve flavor and color of food products.

Based on type, the concentrates segment is projected to witness the highest growth in the meat substitutes market during the forecast period as it offers high protein content and low levels of calories.

The major players operating in the Indian Meat Substitutes Market are Sonic Biochem Limited, ADM Agro Industries India Private Limited, DuPont India, Roquette India Private Limited, Kerry Ingredients India Private Limited, Axiom ingredients and health foods private limited, Ingredion India Private Limited, Cargill India Private Limited and others.

Years considered for this report:
  • Historical Years: FY2016-FY2019
  • Base Year: FY2020
  • Estimated Year: FY2021
  • Forecast Period: FY2022-FY2026
Objective of the Study:
  • To analyze the historical growth in the market size of the Indian Meat Substitutes Market from FY20216 to FY2020.
  • To estimate and forecast the market size of the Indian Meat Substitutes Market from FY2021 to FY2026 and growth rate until FY2026.
  • To classify and forecast the Indian Meat Substitutes Market based on product, source, type, form, company and regional distribution.
  • To identify dominant region or segment in the Indian Meat Substitutes Market.
  • To identify drivers and challenges for the Indian Meat Substitutes Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Meat Substitutes Market.
  • To conduct pricing analysis for the Indian Meat Substitutes Market.
  • To identify and analyze the profile of leading players operating in the Indian Meat Substitutes Market.
  • To identify key sustainable strategies adopted by market players in the Indian Meat Substitutes Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of the Indian Meat Substitutes Market byusing a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Meat substitutes distributors and manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to meat substitutes
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Indian Meat Substitutes Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Meat Substitutes Market, By Product:
  • Quorn
  • Tempeh
  • Tofu
  • Seitan
  • Others
India Meat Substitutes Market, By Source:
  • Soy
  • Wheat
  • Pea
  • Others
India Meat Substitutes Market, By Type:
  • Concentrates
  • Isolates
  • Textured
India Meat Substitutes Market, By Form:
  • Solid
  • Liquid
India Meat Substitutes Market, By Region:
  • North
  • East
  • West
  • South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indian Meat Substitutes Market.

Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Sonic Biochem Limited
  • MORE
1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on India Meat Substitutes Market

4. Executive Summary

5. Voice of Customers/Customer Insights

6. India Meat Substitutes Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product (Quorn, Tempeh, Tofu, Seitan and Others)
6.2.2. By Source (Soy, Wheat, Pea and Others)
6.2.3. By Type (Concentrates, Isolates and Textured)
6.2.4. By Form (Solid Vs Liquid)
6.2.5. By Region (North, South, East, West)
6.2.6. By Company
6.3. Product Market Map (By Type and Region)

7. North India Meat Substitutes Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Source
7.2.3. By Type
7.2.4. By Form

8. South India Meat Substitutes Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Source
8.2.3. By Type
8.2.4. By Form

9. East India Meat Substitutes Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Source
9.2.3. By Type
9.2.4. By Form

10. West India Meat Substitutes Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Source
10.2.3. By Type
10.2.4. By Form

11. Market Dynamics
11.1. Drivers/Opportunities
11.2. Challenges/Restraints

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. India Economic Profile

15. Competitive Landscape
15.1. Company Profiles
15.1.1. Sonic Biochem Limited
15.1.2. ADM Agro Industries India Private Limited
15.1.3. DuPont India Private Limited
15.1.4. Roquette India Private Limited
15.1.5. Kerry Ingredients India Private Limited
15.1.6. Axiom Ingredients and health foods private limited
15.1.7. Ingredion India Private Limited
15.1.8. Cargill India Private Limited

16. Strategic Recommendations

17. About the Publisher & Disclaimer

List of Figures
Figure 1: India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 2: India Meat Substitutes Market Share, By Product, By Value, FY2016-FY2026F
Figure 3: India Meat Substitutes Market Share, By Source, By Value, FY2016-FY2026F
Figure 4: India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 5: India Meat Substitutes Market Share, By Form, By Value, FY2016-FY2026F
Figure 6: India Meat Substitutes Market Share, By Region, By Value, FY2020
Figure 7: India Meat Substitutes Market Share, By Company, By Value, FY2020
Figure 8: India Meat Substitutes Market Product Map, By Type, By Value, FY2021E-FY2026F
Figure 9: India Meat Substitutes Market Product Map, By Region, By Value, FY2021E-FY2026F
Figure 10: North India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 11: North India Meat Substitutes Market Share, By Product, By Value, FY2016-FY2026F
Figure 12: North India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 13: North India Meat Substitutes Market Share, By Type, By Value, FY2016-FY2026F
Figure 14: North India Meat Substitutes Market Share, By Form, By Value, FY2016-FY2026F
Figure 15: South India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 16: South India Meat Substitutes Market Share, By Product, By Value, FY2016-FY2026F
Figure 17: South India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 18: South India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 19: South India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 20: South India Meat Substitutes Market Share, By Region, By Value, FY2016-FY2026F
Figure 21: East India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 22: East India Meat Substitutes Market Share, By Product, By Value, FY2016-FY2026F
Figure 23: East India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 24: East India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 25: East India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 26: East India Meat Substitutes Market Share, By Region, By Value, FY2016-FY2026F
Figure 27: West India Meat Substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
Figure 28: West India Meat Substitutes Market Share, By Product, By Value, FY2016-FY2026F
Figure 29: West India Meat Substitutes Market Share, By Source, By Value, FY2020 & FY2026F
Figure 30: West India Meat Substitutes Market Share, By Type, By Value, FY2020 & FY2026F
Figure 31: West India Meat Substitutes Market Share, By Form, By Value, FY2020 & FY2026F
Figure 32: West India Meat Substitutes Market Share, By Region, By Value, FY2016-FY2026F
Note: Product cover images may vary from those shown
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  • Sonic Biochem Limited
  • ADM Agro Industries India Private Limited
  • DuPont India Private Limited
  • Roquette India Private Limited
  • Kerry Ingredients India Private Limited
  • Axiom Ingredients and health foods private limited
  • Ingredion India Private Limited
  • Cargill India Private Limited
Note: Product cover images may vary from those shown
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