Plant Based Meat Market Global Analysis by Source (Soy, Mycoprotein, Wheat, Others), Product, Countries, Regions, Companies

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Date: 31-Oct-2019
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Plant based meat is disrupting the animal meat industry. Its food products are made to replicate the properties of natural meat and work like meat substitutes. It is more sustainable and environmentally friendly than conventional meat products. Food products like Textured Vegetable Protein (TVP), Tofu, Quorn, Tempeh, and Seitan are made to simulate the appearance, flavour and texture of animal meat products. According to Renub Research analysis Global Plant Based Meat Market is expected to be more than US$ 7 Billion by the end of the year 2025.

Steps taken by various governments are also boosting plant-based meat markets such as in March 2018; the Canada government announced an investment of USD 150 Million for the country plant protein industry. Similarly, the German government is investing US$ 780,000 in research to make plant-based alternatives more meat-like in texture. An outbreak of African swine fever is ravaging China’s hog farms while the Chinese government wants its citizens to reduce meat intake for health reasons will also boost plant based meat industry.

Companies like Beyond Meat, Maple Leaf Foods, Pinnacle Foods, Kellogg and Quorn are competing to stay ahead in the global plant based meat market. Greenleaf Foods announced in April 2019 plans to construct a US$ 310 Million plant-based protein food processing facility in Shelbyville, Indiana. At approximately 230,000 square feet, it will be the largest facility and investment of its kind in North America.

The growing awareness through global animal welfare organizations such as PETA has encouraged people to consider a meat-free diet. In the UK, the vegan population has quadrupled between 2014 and 2018. A large percentage of Millennials are choosing plant-based meat products for health and wellness concerns due to food safety issues. The dangerous impact of traditional meat on the environment is also changing food preference of population around the world is also a significant factor.

“Plant Based Meat Market Global Analysis by Source (Soy, Mycoprotein, Wheat, Others), Product (Textured Vegetable Protein (TVP),  Tofu, Quorn, Tempeh, Seitan, Others), Countries (United States, United Kingdom, Germany, Italy, China), Regions (North America, Europe, Rest of the World), Companies (Beyond Meat, Maple Leaf Foods, Gardein Protein International (Pinnacle Foods), Morningstar Farms (Kellogg Company), Quorn Foods)” provides a complete analysis of global plant based meat market.

Source Type

On the basis of source type, global plant based meat market is further segmented into Soy-Based, Mycoprotein Based, Wheat Based and Others.

Product Type - Textured Vegetable Protein (TVP) and Tofu holds significant Market Share

In this report, plant based meat market are categorized on the basis of product type; Textured Vegetable Protein (TVP), Tofu, Quorn, Tempeh, Seitan and Others. Textured Vegetable Protein (TVP) and Tofu holds significant market share.

 North America will dominate in the global plant based meat market in Future

In this report, we have done comprehensive analysis of plant based meat market by regions. The covered regions are; North America, Europe, Asia Pacific and Rest of the World. The demand of plant based meat market in North America is quite huge and its sales are increasing at rapid pace.

Companies Covered

• Beyond Meat
• Maple Leaf Foods
• Gardein Protein International (Pinnacle Foods)
• Morningstar Farms (Kellogg Company)
• Quorn Foods

By Source Type

• Soy-Based
• Mycoprotein Based
• Wheat Based
• Others

By Product Type

• Textured Vegetable Protein (TVP)
• Tofu
• Quorn
• Tempeh
• Seitan
• Others

By Countries Covered

• United States
• United Kingdom
• Germany
• Italy
• China

By Regions Covered

• North America
• Europe
• Asia Pacific
• Rest of the World

Plant Based Meat Market Global Analysis by Source (Soy, Mycoprotein, Wheat, Others), Product, Countries, Regions, Companies

Table of Contents

1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rise in the Number of Global Vegan Population
4.1.2 Growing Concerns for Health & Wellness
4.1.3 Increased Awareness of Environmental Sustainability
4.1.4 Investment in Plant-based Meat Industry
4.2 Challenges
4.2.1 Misperceptions about Plant-Based Meat
4.2.2 Increasing Soy-Free and Gluten-Free Trend
4.2.3 Fluctuating Raw Material Prices
5. Global Plant Based Meat Market
6. Market Share – Plant Based Meat Analysis
6.1 Source Type
6.2 Product Type
6.3 Regions
7. Source Type - Plant Based Meat Market
7.1 Soy-Based
7.2 Mycoprotein Based
7.3 Wheat Based
7.4 Others
8. Product Type - Plant Based Meat Market
8.1 Textured Vegetable Protein (TVP)
8.2 Tofu
8.3 Quorn
8.4 Tempeh
8.5 Seitan
8.6 Others
9. World Regions - Plant Based Meat Market
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Rest of the World
10. Countries - Plant Based Meat Market
10.1 United States
10.2 United Kingdom
10.3 Germany
10.4 Italy
10.5 China
11. Company Analysis
11.1 Beyond Meat
11.2 Maple Leaf Foods
11.3 Gardein Protein International (Pinnacle Foods)
11.4 Morningstar Farms (Kellogg Company)
11.5 Quorn Foods
List of Figures:
Figure-01: Global Plant Based Meat Market (Million US$), 2018 & 2025
Figure-02: Share of Consumers who Consider themselves Vegan or Vegetarian in the United States as of June 2018, by Age Group
Figure-03: Global Plant Based Meat Market (Million US$), 2015 - 2018
Figure-04: Forecast for Global Plant Based Meat Market (Million US$), 2019 - 2025
Figure-05: Global Plant Based Meat Market Share by Source Type (Percent), 2015 - 2018
Figure-06: Forecast for Global Plant Based Meat Market Share by Source Type (Percent), 2019 - 2025
Figure-07: Global Plant Based Meat Market Share by Product Type (Percent), 2015 - 2018
Figure-08: Forecast for Global Plant Based Meat Market Share by Product Type (Percent), 2019 - 2025
Figure-09: Global Plant Based Meat Market Share by Region (Percent), 2015 - 2018
Figure-10: Forecast for Global Plant Based Meat Market Share by Region (Percent), 2019 - 2025
Figure-11: Global - Soy-Based Meat Market (Million US$), 2015 - 2018
Figure-12: Global - Forecast for Soy-Based Meat Market (Million US$), 2019 - 2025
Figure-13: Global – Mycoprotein Based Meat Market (Million US$), 2015 - 2018
Figure-14: Global - Forecast for Mycoprotein Based Meat Market (Million US$), 2019 - 2025
Figure-15: Global - Wheat-Based Meat Market (Million US$), 2015 - 2018
Figure-16: Global - Forecast for Wheat-Based Meat Market (Million US$), 2019 - 2025
Figure-17: Global - Others Meat Market (Million US$), 2015 - 2018
Figure-18: Global - Forecast for Others Meat Market (Million US$), 2019 - 2025
Figure-19: Global - Textured Vegetable Protein Market (Million US$), 2015 - 2018
Figure-20: Global - Forecast forTextured Vegetable Protein Market (Million US$), 2019 - 2025
Figure-21: Global - Tofu Market (Million US$), 2015 - 2018
Figure-22: Global - Forecast for Tofu Market (Million US$), 2019 - 2025
Figure-23: Global - Quorn Market (Million US$), 2015 - 2018
Figure-24: Global - Forecast for Quorn Market (Million US$), 2019 - 2025
Figure-25: Global – Tempeh Market (Million US$), 2015 - 2018
Figure-26: Global - Forecast for Tempeh Market (Million US$), 2019 - 2025
Figure-27: Global - Seitan Market (Million US$), 2015 - 2018
Figure-28: Global - Forecast for Seitan Market (Million US$), 2019 - 2025
Figure-29: Global - Others Market (Million US$), 2015 - 2018
Figure-30: Global - Forecast for Others Market (Million US$), 2019 - 2025
Figure-31: North America - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-32: North America - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-33: Europe - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-34: Europe - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-35: Asia Pacific - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-36: Asia Pacific - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-37: Rest of the World - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-38: Rest of the World - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-39: United States - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-40: United States - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-41: United Kingdom - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-42: United Kingdom - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-43: Germany - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-44: Germany - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-45: Italy - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-46: Italy - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-47: China - Plant Based Meat Market (Million US$), 2015 - 2018
Figure-48: China - Forecast for Plant Based Meat Market (Million US$), 2019 - 2025
Figure-49: Global - Beyond Meat Revenue (Million US$), 2015 – 2018
Figure-50: Global - Forecast for Beyond Meat Revenue (Million US$), 2019 – 2025
Figure-51: Global - Maple Leaf Foods Revenue (Million US$), 2015 – 2018
Figure-52: Global - Forecast for Maple Leaf Foods Revenue (Million US$), 2019 – 2025
Figure-53: Global - Pinnacle Foods Revenue (Million US$), 2015 – 2018
Figure-54: Global - Forecast for Pinnacle Foods Revenue (Million US$), 2019 – 2025
Figure-55: Global - Kellogg Company Revenue (Million US$), 2015 – 2018
Figure-56: Global - Forecast for Kellogg Company Revenue (Million US$), 2019 – 2025
Figure-57: Global - Quorn Foods Revenue (Million US$), 2015 – 2018
Figure-58: Global - Forecast for Quorn Foods Revenue (Million US$), 2019 – 2025
List of Tables:
Table-01: Nutritional Value of Textured Vegetable Protein (TVP) per 100 g (3.5 oz)
Table-02: Nutritional Value of Tofu per 100 g (3.5 oz)
Table-03: Nutritional Value of Quorn per 100 g (3.5 oz)
Table-04: Nutritional Value of Tempeh per 100 g (3.5 oz)
Table-05: Nutritional Value of Seitan per 100 g (3.5 oz)

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