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Meat substitute Market Potential Growth, Analysis, Strategies and Forecast 2024

A meat equivalent, also called a meat substitute, estimates certain visual qualities (primarily texture, flavour and appearance) or chemical characteristics of specific types of meat. Many equivalents are plant-based and soy-based (tofu or tempeh as vegetables), gluten-based ( seitan ) or pea-based. The meat in any recipe can be replaced with one of these plant-based options.<br><br>Read more: https://axiommrc.com/product/1668-global-meat-substitute-market-report/?utm_source=pr&utm_medium=Priyanka<br>

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Meat substitute Market Potential Growth, Analysis, Strategies and Forecast 2024

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  1. Worldwide Meat substitute market report, By Type, By Source, By Category & by Geography - Market Share, Trend Analysis & Forecast Up To2024 Email:sales@axiommrc.com

  2. Description: Demand for the Meat Substitutesis rapidly growing. This is because of the various diseases are associated with meat have impacted the preferencesofconsumertowardstheintakeofmeatproducts.Meat substitutes offer various health benefits and fill the diet gaps by providing essential elements that nourish human body. Intake of meat substitutes is largely observed among athletes and young generation as these products contain high amount of protein and calcium. Also, a large percentage of population across the globe is preferring vegan food that has spurred the demand for meat substitutes. To fulfil the increasing demand, manufacturers are focusing on investing in research and development to expand their product portfolio by launching different types of meat substitutes with the possible permutations and combinations. The market is expected to grow from 6% to7%. Download a FREE sample report here@ https://axiommrc.com/request-for-sample/?report=1668 The major factors that drive thismarket: Rising health concerns among meat consumers, health benefits provided by meat substitute products, and increasing adoption level of meat substitutes by consumers, rising urbanization in developing countries, rapid adaptation of processed foods. Also, currently, the globalcampaignof‘govegetarian’isthemostpowerfulinfluencerof the demand for such products. Health benefits of this cholesterol- freeprotein,withmeat-liketexture,isthemainfactorpromotingthe growth of meat substituteproducts. The Global Meat Substitute Market can be segmented based on type, source, category andregion.

  3. Bytype, This market is further sub-divided into Tofu & tofu ingredients, Tempeh, Textured vegetable protein, Seitan and Quorn. The tofu & tofu ingredients segment recorded for the largest share of the meat substitutesmarketin2017andfollowedbyitwastexturedvegetable protein segment. Since, tempeh and tofu are derived from soy they are rich in proteins and minerals and thus are a popular meat alternative amongvegetarians. Bysource, The Global Meat Substitute Market can be sub-segmented into Soy, WheatandMycoprotein. Soy proteinisacost-effectiveandareliable substitute for meat. It has the highest amount of protein as compared to other meat substitutes. Thus,soy-based meat substituteproductsaccountedforthelargestmarketshare,followed by mycoprotein, in 2017. Soy burgers, soy turkey, soy bacon, soy chicken, andsoy hot dogs are a few popular soy-based food products. Get More Details About This Report @ Click Here Based oncategory, The Global Meat Substitute Market is segmented into Frozen, Refrigerated and Shelf-stable. Frozen meat substitute products accounted for the largest market share in 2017. The rise indemand for convenience foods, as a result of growing income levels of consumers. This is one of the major factors driving the market for frozen meatsubstitutes. Based ongeography,

  4. TheGlobalMeatSubstituteMarketissegmentedintoEurope,APAC, North America, South America and MEA. Europe was the largest market for meat substitutes in 2017. The market is characterized by the presence of large-scale meat substitute manufacturers such as Quorn Foods (UK) and Meatless (Netherlands). The increasing number of new modified meat-free product launches by manufacturerssuch low-fat and fortified snack with meat substitutes act as catalysts for the growth of meat substitutes market. Asia-Pacific is the fastest-growing region due to the huge support from the large population, rising urbanization, increasing incomes and rapid adaptation of processed foods in themarket. Get Discount on This Report:https://axiommrc.com/buy-now/? The leading players of thisindustry Amys Kitchen, Beyond Meat, Blue Chip Groups, Cauldron Foods, MGPIngrdients, Meatless BV, Morningstar Farms, Nisshin Ollio Group, Quorn Foods, Sonic Biochem, Vbites Foods, ADM, DuPont etc.

  5. AboutUs: Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining totheir marketing strategy, investments, new product launches, market competition, consumer or end users, social media trendsetc. ContactUs UnitedStates 616 Corporate Way, Suite2-4268 Valley Cottage, NY10989 Telephone: +1 (845) 875-9786 Email:sales@axiommrc.com

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