Meat Alternatives Market

Meat alternatives also called a meat analogue, meat substitute, mock meat, faux meat, imitation meat, or (where applicable) vegetarian meat or vegan meat. It is a meatless food that has approximately the same taste, appearance, and texture of a related food made from meat, poultry, fish or shellfish. Its nutritional value is, in general, approximately equal to (or sometimes greater than) that of the related food, including essential vitamin B-12. Its name often indicates the meat to which it is an alternative, and the label must indicate clearly that it is a meatless product. Many analogues are soy-based (tofu, tempeh) or gluten-based.

Meat Alternatives Market contains market size and forecasts of Meat Alternatives in global, including the following market information:

Global Meat Alternatives Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Meat Alternatives Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Meat Alternatives companies in 2021 (%)

The global Meat Alternatives market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Soybean Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Meat Alternatives include Kellogg's, Pinnacle Foods, White Wave, Tofurky, Hain Celestial Group, Beyond Meat, Boca Foods, Phoney Baloneys and LightLife Foods and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Meat Alternatives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Meat Alternatives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Meat Alternatives Market Segment Percentages, by Type, 2021 (%)

Soybean

Tempeh

Others

Global Meat Alternatives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Meat Alternatives Market Segment Percentages, by Application, 2021 (%)

Vegetarian

Non-vegetarian

Global Meat Alternatives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Meat Alternatives Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Meat Alternatives revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Meat Alternatives revenues share in global market, 2021 (%)

Key companies Meat Alternatives sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Meat Alternatives sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Kellogg's

Pinnacle Foods

White Wave

Tofurky

Hain Celestial Group

Beyond Meat

Boca Foods

Phoney Baloneys

LightLife Foods

Amy's Kitchen