The Market Growth Can be Attributed to the Rising Health Concerns Among the Population and Shifting Consumer Preferences Towards Plant-Based Foods Due to Enhanced Awareness of Sustainability.
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The Vietnam meat substitute market is segmented on the basis of type, source, category, region, and company. Based on the source, the market is segmented into soy, wheat, mycoprotein, and others. The soy-based meat substitute segment dominated the Vietnam Meat Substitute market in 2021. The market is expected to register the highest growth during the forecast period due to increased consumer awareness about the nutritional content of soy and rising health consciousness.
Major players operating in the Vietnam Meat Substitutes market are VBites, Sonic Biochem Limited, MGP Ingredients, Beyond Meat, Amy’s Kitchen, Quorn Foods, and The Nisshin Ollio Group, ADM, Meatless, etc.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze and forecast the market size of Vietnam meat substitutes marekt, in terms of value and volume.
- To classify and forecast Vietnam meat substitutes market based on type, source, category, company, and regional distribution.
- To identify drivers and challenges for Vietnam meat substitutes market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam meat substitutes market.
- To conduct the pricing analysis for Vietnam meat substitutes market.
- To identify and analyze the profile of leading players involved in the manufacturing of Vietnam 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 Vietnam. 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 product offerings, distribution channels and presence of all major manufacturers across Vietnam.
The publisher calculated the market size of Vietnam meat substitutes market using a bottom-up approach, where data for various end user industries wa sstudies and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used.
Key Target Audience:
- Meat substitutes manufacturers
- Raw material suppliers
- Distributors and traders
- End users
- Food Retailers
- Research organizations and consulting companies
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufactures, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam Meat Substitutes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Meat Substitutes Market, By Type:
- Soy Products
- Quorn
- Tempeh
- Tofu
- Seitan
- Others
Vietnam Meat Substitutes Market, By Source:
- Soy
- Wheat
- Mycoprotein
- Others
Vietnam Meat Substitutes Market, By Category:
- Frozen
- Refrigerated
- Shelf-Stable
Vietnam Meat Substitutes Market, By Region:
- North Vietnam
- South Vietnam
- Central Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Meat Substitutes Market.
Available Customizations:
With the given market data, the publisher offers customizations according the company’s specific needs.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- VBites
- Sonic Biochem Limited
- MGP Ingredients
- Beyond Meat
- Amy’s Kitchen
- Quorn Foods
- The Nisshin Ollio Group,
- MGP Ingredients
- ADM
- Meatless