100+ datasets found
  1. United States Meat Substitutes Market Size & Share Analysis - Industry...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jan 2, 2025
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    Mordor Intelligence (2025). United States Meat Substitutes Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/united-states-meat-substitutes-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 2, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    United States
    Description

    The United States Meat Substitutes Market is segmented by Type (Tempeh, Textured Vegetable Protein, Tofu) and by Distribution Channel (Off-Trade, On-Trade). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

  2. t

    United States Meat Substitutes Market Demand, Size and Competitive Analysis...

    • techsciresearch.com
    Updated May 6, 2025
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    TechSci Research (2025). United States Meat Substitutes Market Demand, Size and Competitive Analysis | TechSci Research [Dataset]. https://www.techsciresearch.com/report/united-states-meat-substitutes-market/2138.html
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    Dataset updated
    May 6, 2025
    Dataset authored and provided by
    TechSci Research
    License

    https://www.techsciresearch.com/privacy-policy.aspxhttps://www.techsciresearch.com/privacy-policy.aspx

    Area covered
    United States
    Description

    United States Meat Substitutes Market was valued at USD 2.40 billion in 2024 and is anticipated to grow USD 4.24 billion by 2030 with a CAGR of 10.01%

    Pages81
    Market Size2024: USD 2.40 Billion
    Forecast Market Size2030: USD 4.24 Billion
    CAGR2025-2030: 10.01%
    Fastest Growing SegmentOnline
    Largest MarketSouth
    Key Players1. Sonic Biochem Limited 2. Archer Daniels Midland Company (ADM) 3. Beyond Meat Incorporated 4. MGP Ingredients 5. Conagra Brands Incorporated 6. Amy’s Kitchen Inc. 7. Gathered Foods Corporation 8. Quorn Foods 9. VBites 10. The Nisshin Ollio Group

  3. m

    North America Meat Substitutes Market Size & Share Analysis - Industry...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jan 2, 2025
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    Mordor Intelligence (2025). North America Meat Substitutes Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-meat-substitutes-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 2, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    North America
    Description

    The North America Meat Substitutes Market is segmented by Type (Tempeh, Textured Vegetable Protein, Tofu), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

  4. Consumption of meat substitutes in the U.S. 2023

    • statista.com
    Updated Feb 9, 2024
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    Nils-Gerrit Wunsch (2024). Consumption of meat substitutes in the U.S. 2023 [Dataset]. https://www.statista.com/topics/6057/meat-substitutes-market-in-the-us/
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    Dataset updated
    Feb 9, 2024
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Nils-Gerrit Wunsch
    Description

    During a survey in April 2023, just over a third of respondents stated that they consumed meat substitutes but would not consider their consumption to be regular. Over a quarter stated that they have never consumed plant-based meat substitutes and do not want to.

  5. Global meat substitutes market revenue 2018-2030

    • ai-chatbox.pro
    • statista.com
    Updated Jun 3, 2025
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    Nils-Gerrit Wunsch (2025). Global meat substitutes market revenue 2018-2030 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F9130%2Fveganism-and-vegetarianism-in-the-netherlands-and-belgium%2F%23XgboD02vawLZsmJjSPEePEUG%2FVFd%2Bik%3D
    Explore at:
    Dataset updated
    Jun 3, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Nils-Gerrit Wunsch
    Description

    In 2024, the market value of plant-based meat substitutes worldwide was estimated to be worth 10.33 billion U.S. dollars. This figure is estimated to steadily increase over the coming years and reach roughly 14.32 billion in 2028. Meat substitutes Meat substitutes are plant-based products that try to emulate meat products in taste, texture, smell, and appearance. These alternatives exist in a high variety of forms, like the diversity of meat products they are imitating. Plant-based products have achieved a strong position in the market and are now a mainstay in many grocery stores around the world. Currently, over 660 million kilograms of meat substitutes are consumed globally. Consumer adoption varies significantly across the globe. Vietnam, Thailand, and the Netherlands show the highest rate of regular consumption of meat substitutes among their populations.Meat Substitutes in the United StatesIn the United States, meat substitutes get regularly consumed by 11 percent of consumers. To put this number into perspective, a comparison to other products is useful. In the same survey, about 54 percent of consumers stated that they regularly consume bread and bakery products, and the same share of respondents eat potatoes regularly. Both categories show regular consumption levels of around five times the level of meat substitutes. In total, the market in the U.S. alone generates an annual revenue of 1.4 billion U.S. dollars.

  6. Meat Substitutes Market Analysis - Size, Share, & Forecast Outlook 2025 to...

    • futuremarketinsights.com
    html, pdf
    Updated Jun 28, 2025
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    Future Market Insights (2025). Meat Substitutes Market Analysis - Size, Share, & Forecast Outlook 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/meat-substitutes-market
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    html, pdfAvailable download formats
    Dataset updated
    Jun 28, 2025
    Dataset provided by
    Authors
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The meat substitutes market size was estimated at USD 10.46 billion in 2024. The meat substitutes industry is expected to grow from USD 12.86 billion in 2025 to USD 101.92 billion by 2035. The meat substitutes market CAGR (growth rate) is expected to be around 23.0% during the forecast period (2025 to 2035).

    MetricsValues
    Industry Size (2025E)USD 12.86 billion
    Industry Value (2035F)USD 101.92 billion
    CAGR (2025 to 2035)23.0%

    Semi-Annual Market Update

    ParticularH1
    Year2024 to 2034
    Value CAGR20.6%
    ParticularH2
    Year2024 to 2034
    Value CAGR22.5%
    ParticularH1
    Year2025 to 2035
    Value CAGR21.5%
    ParticularH2
    Year2025 to 2035
    Value CAGR23.2%

    Analyzing Top Countries Producing, Formulating, Distributing, and Supplying Meat Substitutes Market

    CountriesCAGR (2025 to 2035)
    USA22.3%
    South Korea21.1%
    India25.9%
    Japan25.6%
    China26.1%
  7. m

    Meat Substitutes Market Size & Share Analysis - Industry Research Report -...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jan 2, 2025
    + more versions
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    Mordor Intelligence (2025). Meat Substitutes Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/meat-substitutes-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 2, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    Global
    Description

    The Meat Substitutes Market is segmented by Type (Tempeh, Textured Vegetable Protein, Tofu), by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

  8. Meat Substitutes Market Analysis, Size, and Forecast 2025-2029: North...

    • technavio.com
    Updated Jun 19, 2025
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    Technavio (2025). Meat Substitutes Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, The Netherlands, and UK), APAC (China and India), South America (Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/meat-substitutes-market-industry-analysis
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    Dataset updated
    Jun 19, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United States, Global
    Description

    Snapshot img

    Meat Substitutes Market Size 2025-2029

    The meat substitutes market size is forecast to increase by USD 12.28 billion at a CAGR of 18.4% between 2024 and 2029.

    The market is experiencing significant growth due to the increasing research and development efforts in creating alternative protein sources. Soya chunks, Hot Dogs, and Veggie burgers are popular choices, with Canola oil and other nutrients enhancing their nutritional value. New product launches are a key driver in this market, as companies seek to cater to the rising demand for sustainable and ethical food options. However, the relatively high price point of meat substitutes remains a challenge for market penetration. Consumers, particularly those in developing economies, may find these alternatives less accessible due to cost.
    Companies looking to capitalize on this market should focus on innovation and affordability, aiming to create products that meet consumer demand while remaining competitive in pricing. Additionally, partnerships and collaborations between industry players and research institutions could lead to breakthroughs in technology and production methods, further driving market growth. Convenience stores and Mini markets cater to the demand for Shelf-stable and Low-fat protein options. Despite this obstacle, the potential for growth is substantial, as the global population continues to increase and concerns over animal welfare and environmental sustainability become more prevalent.
    

    What will be the Size of the Meat Substitutes Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The market is experiencing significant growth as diets focusing on plant-based options gain popularity due to health concerns and animal welfare considerations. Plant-based chicken, pork, fish, and beef alternatives are increasingly preferred by consumers seeking to reduce their intake of animal products. These substitutes offer similar nutrition value, including essential minerals like iron and calcium, making them suitable for individuals dealing with health issues such as diabetes, obesity, and heart disease. Next meats, such as soy milk, bean curd, tofu, and cooked soybeans, are popular choices due to their high protein content and versatility.
    Crumbles and grounds derived from these sources provide texture and taste comparable to their animal counterparts. Plant-based fish alternatives, like soybean curd, offer a solution for those dealing with digestive problems. The Good Food Institute reports that the market for plant-based meat substitutes is expanding, with companies like Novameat and vegan meat India leading the way. The shift towards plant-based options is driven by health concerns related to non-communicable diseases and the ethical implications of intensive animal farming. Plant-based burgers, patties, and other meat substitute products cater to this growing demand, offering consumers a viable alternative to traditional animal products.
    

    How is this Meat Substitutes Industry segmented?

    The meat substitutes industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Distribution Channel
    
      Retail
      Foodservice
    
    
    Product Type
    
      Soy-based
      Wheat-based
      Mycoprotein-based
      Others
    
    
    Form Factor
    
      Solid
      Liquid
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        The Netherlands
        UK
    
    
      APAC
    
        China
        India
    
    
      South America
    
        Brazil
    
    
      Rest of World (ROW)
    

    By Distribution Channel Insights

    The retail segment is estimated to witness significant growth during the forecast period. The Plant-based patties segment experiences significant growth in the retail sector due to shifting consumer preferences, health concerns, and environmental awareness. Traditional grocery stores and supermarkets expand their offerings, stocking a diverse range of high-quality meat substitute products. Diabetes patients and those managing their weight seek out Plant-based Chicken, Meatballs, and Fish alternatives. Health-conscious buyers prefer Iron-rich liquid and Meatloaf formulations, while Vegetarian and Vegan lifestyles fuel the demand for Soybean curd, Tofu, and Quorn. Lab-grown meat, Mycoprotein, and Cereal grains cater to the flexitarian and functional ingredient markets.

    Fiber, Antioxidants, and essential amino acids are crucial components in these products, addressing health issues like Heart disease and Non-communicable diseases. Plant-based protein manufacturers innovate with Pea, Rice, and Wheat protein, while customization and moisture retention are essential for Foodservice and Food product a

  9. South America Meat Substitute Market - Companies, Size & Share

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Dec 12, 2024
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    Mordor Intelligence (2024). South America Meat Substitute Market - Companies, Size & Share [Dataset]. https://www.mordorintelligence.com/industry-reports/south-america-meat-substitute-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Dec 12, 2024
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    South America
    Description

    The South America Meat Substitute Market report segments the industry into Product Type (Tofu, Textured Vegetable Protein, Tempeh, Seitan, Quorn, Other Product Types), Source (Soy-based, Wheat-based, Mycoprotein), Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Speciality Stores, Other Retailers), and Geography (Brazil, Argentina, Rest of South America).

  10. US Meat Substitutes Market Size By Type (Tofu, Tempeh, Textured Vegetable...

    • verifiedmarketresearch.com
    Updated Jan 27, 2025
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    VERIFIED MARKET RESEARCH (2025). US Meat Substitutes Market Size By Type (Tofu, Tempeh, Textured Vegetable Protein), By Distribution Channel (Online Retail, Offline Retail), By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/us-meat-substitutes-market/
    Explore at:
    Dataset updated
    Jan 27, 2025
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2025 - 2032
    Area covered
    United States
    Description

    US Meat Substitutes Market size was valued at USD 1.8 Billion in 2024 and is expected to reach USD 4.5 Billion by 2032, growing at a CAGR of 12.1% from 2025 to 2032.

    In the United States, meat substitutes are plant-based, fermented, and lab-grown (cultured) alternatives that have the same flavor, texture, and nutritional profile as animal-derived meats. These alternatives are generally derived from soybeans, wheat gluten (seitan), pea protein, mycoprotein, and developing cellular agriculture technologies. They cater to people who choose to eat vegetarian, vegan, or flexitarian diets for reasons of health, the environment, or ethics. Major players such Beyond Meat, Impossible Foods, and Upside Foods are constantly developing to improve the flavor, price, and nutritional value of these alternatives.

  11. Revenue growth of meat substitutes in the U.S. 2021-2030

    • statista.com
    Updated Jun 23, 2025
    + more versions
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    Statista (2025). Revenue growth of meat substitutes in the U.S. 2021-2030 [Dataset]. https://www.statista.com/forecasts/1276543/united-states-meat-substitute-market-revenue-growth
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The revenue change in the 'Meat Substitutes' segment of the food market in the United States was forecast to increase between 2025 and 2030 by in total *** percentage points. This overall increase does not happen continuously, notably not in 2027 and 2028. The revenue change is estimated to amount to **** percent in 2030. Find other key market indicators concerning the volume and average revenue per user (ARPU).The Statista Market Insights cover a broad range of additional markets.

  12. E

    Europe Meat Alternatives Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated May 2, 2025
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    Market Report Analytics (2025). Europe Meat Alternatives Market Report [Dataset]. https://www.marketreportanalytics.com/reports/europe-meat-alternatives-market-97634
    Explore at:
    doc, pdf, pptAvailable download formats
    Dataset updated
    May 2, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Europe
    Variables measured
    Market Size
    Description

    The European meat alternatives market is experiencing robust growth, driven by increasing consumer awareness of health and environmental concerns associated with traditional meat consumption. The rising popularity of vegetarian and vegan lifestyles, coupled with a growing demand for sustainable and ethically sourced food products, significantly fuels this expansion. Key product segments like tempeh, tofu, and textured vegetable protein are witnessing substantial demand, with innovative product development and improved taste profiles further enhancing market appeal. The market is also witnessing a shift in distribution channels, with online sales experiencing rapid growth alongside the continued dominance of supermarkets and hypermarkets. While off-trade channels remain crucial, the on-trade sector (restaurants, cafes) is also expanding its meat alternative offerings, reflecting the increasing mainstream acceptance of these products. Major players like Beyond Meat, Amy's Kitchen, and various regional producers are vying for market share, resulting in increased competition and product innovation. The forecast period (2025-2033) indicates continued growth, propelled by technological advancements in meat alternative production, increasing investment in research and development, and the continued expansion of the plant-based food sector. The competitive landscape is marked by a mix of established multinational corporations and smaller, specialized companies. Large players benefit from established distribution networks and brand recognition, while smaller companies often excel in innovation and niche product offerings. The market is expected to see a consolidation phase, with mergers and acquisitions potentially impacting market share. Regulatory frameworks and consumer perception regarding food labeling and ingredient sourcing play a significant role in the market's trajectory. Further growth will likely be influenced by factors such as pricing, consumer acceptance of new products, and the development of more sophisticated and realistic meat substitutes that convincingly replicate the texture and taste of conventional meats. Government initiatives promoting sustainable food systems and reducing reliance on traditional animal agriculture could further accelerate market expansion. Geographical variations exist within Europe, with certain countries demonstrating higher adoption rates than others, reflecting diverse cultural preferences and consumer habits. Recent developments include: September 2023: House Food Groups Inc. acquired 100% of Keystone Natural Holdings, LLC (“KNH”), a leading manufacturer of tofu and plant-based foods in North America. The acquisition is meant to assist the company's expansion in United States and Europe with tofu as their core product.July 2023: Beyond Meat expanded its range in Germany with two new plant-based chicken-style products: Beyond Nuggets and Beyond Tenders in over 1,600 REWE stores across Germany.March 2023: International Flavors & Fragrances Inc. launched its new plant-based protein SUPRO® TEX which offers endless product design and formulation opportunities with its high-process tolerance, neutral flavor and color. SUPRO® TEX is based on soy protein.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  13. Volume of meat substitutes in the U.S. 2020-2030

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Volume of meat substitutes in the U.S. 2020-2030 [Dataset]. https://www.statista.com/forecasts/1276550/united-states-meat-substitute-consumption
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The volume in the 'Meat Substitutes' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** thousand tons (***** percent). According to this forecast, in 2030, the volume will have increased for the seventh consecutive year to ***** thousand tons. Find other key market indicators concerning the average revenue per user (ARPU) and average consumption per capita.The Statista Market Insights cover a broad range of additional markets.

  14. c

    The global Meat Substitute market size is USD 6815.6 million in 2024.

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Aug 10, 2024
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    Cognitive Market Research (2024). The global Meat Substitute market size is USD 6815.6 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/meat-substitute-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Aug 10, 2024
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Meat Substitute market size will be USD 6815.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 2726.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2044.68 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1567.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 340.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 136.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
    The Refrigerated Category held the highest Meat Substitute market revenue share in 2024.
    

    Market Dynamics of Meat Substitute Market

    Key Drivers for Meat Substitute Market

    Rising Health Consciousness to Increase the Demand Globally
    

    Rising health consciousness is significantly driving the meat substitute market as consumers become more aware of the links between meat consumption and various health issues, such as heart disease, obesity, and cancer. Many are turning to plant-based diets to improve their overall health and well-being, seeking alternatives that offer lower levels of saturated fat and cholesterol. Meat substitutes, often perceived as healthier options due to their plant-based ingredients, align with these health-focused dietary shifts. Additionally, advancements in food technology have enhanced the nutritional profiles of these products, making them more appealing to health-conscious consumers. This growing trend towards healthier eating habits and preventive health care continues to propel the demand for meat substitutes.

    Increased awareness of the environmental impact of meat production to Propel Market Growth
    

    Increased awareness of the environmental impact of meat production is driving the meat substitute market as consumers recognize the significant ecological footprint of traditional meat production, including high greenhouse gas emissions, deforestation, and excessive water usage. Concerns about climate change and sustainability are prompting consumers to seek alternatives that have a lower environmental impact. Meat substitutes, which typically have a reduced carbon footprint and require fewer resources compared to conventional meat, align with the growing demand for eco-friendly choices. As more people prioritize sustainability and environmental stewardship, the market for meat substitutes is expanding rapidly, driven by a desire to make more environmentally responsible food choices and support sustainable agricultural practices.

    Restraint Factor for the Meat Substitute Market

    Higher Production Costs to Limit the Sales
    

    Higher production costs are restraining the meat substitute market as they lead to higher retail prices for these products compared to traditional meat. The advanced technology and ingredients required to produce high-quality meat substitutes, such as plant-based proteins and lab-grown meats, involve significant investment in research, development, and manufacturing processes. These costs are often passed on to consumers, making meat substitutes less accessible to price-sensitive individuals. Additionally, the relatively small scale of production compared to traditional meat industries can result in economies of scale not yet being fully realized, further contributing to higher prices. This financial barrier can limit widespread adoption and slow market growth, especially in regions with lower income levels or less willingness to pay a premium for alternative products.

    Taste and Texture Challenges Affecting Consumer Acceptance
    

    Despite advancements in technology, achieving an exact replication of the taste and texture of animal meat continues to pose a significant challenge. A considerable number of consumers remain hesitant to transition from conventional meat d...

  15. Meat Alternatives Production in the US - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Apr 15, 2025
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    IBISWorld (2025). Meat Alternatives Production in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/meat-alternatives-production-industry/
    Explore at:
    Dataset updated
    Apr 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    Producers of meat alternatives enjoyed growth as they capitalized on growing consumer trends, like health consciousness and moving away from meat products in general, accounting for environmental and cost-based decisions. Perhaps most notably, producers have exhibited substantial growth as new companies began operating and competing with one another to satisfy growing consumer demand. Relatively stable exports have bolstered producers' performance, while import volumes have climbed. Industry-wide revenue, however, has been dropping at a CAGR of 1.4% over the past five years and is expected to total $2.5 billion in 2024, when revenue will dip by an estimated 0.6%. Retailers remain the primary source of growth for producers of meat alternatives. Nonetheless, producers have faced difficulty in selling refrigerated meat alternatives. Frozen sales have been a boon to producers, particularly in 2020 amid the outbreak of COVID-19 when consumers stockpiled frozen meat alternatives. Producers of meat alternatives have expanded into food service establishments but have struggled in fast food markets. Beyond Meat has faced challenges in this market with the lackluster performance of its McPlant burger and other fast food chains selling the company’s products at a discount. Climbing input prices and research and development costs have led to volatile profit as producers look to keep prices competitive with traditional meat. Meat alternative producers will enjoy low growth over the outlook period. The declining value of the US dollar will promote export growth and domestic companies ramping up production will reduce import penetration. Innovations in 3-D printing will enable producers to offer a more diverse product line. Still, developments in lab-grown meats will threaten producers as these meats are less expensive to produce and have a lower environmental impact. Lower input and research and development costs will enable profit to remain relatively steady through the end of 2029. While meat alternative producers will enjoy growth, they will face difficulties with the poor performance of refrigerated meat alternatives and consumers questioning the health benefits of some products. Revenue is forecast to inch up at a CAGR of 0.6% over the next five years to reach an estimated $2.6 billion in 2029.

  16. N

    North America Meat Substitutes Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 23, 2025
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    Market Report Analytics (2025). North America Meat Substitutes Market Report [Dataset]. https://www.marketreportanalytics.com/reports/north-america-meat-substitutes-market-97632
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    doc, pdf, pptAvailable download formats
    Dataset updated
    Apr 23, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    North America
    Variables measured
    Market Size
    Description

    The North American meat substitutes market is experiencing robust growth, driven by increasing consumer awareness of health benefits, environmental concerns surrounding traditional meat production, and the rising popularity of plant-based diets. The market, encompassing products like tempeh, textured vegetable protein (TVP), tofu, and other meat alternatives, is witnessing a significant shift in consumer preferences, particularly among millennials and Gen Z who are more inclined towards sustainable and ethical food choices. This trend is further fueled by the continuous innovation in product development, with manufacturers focusing on improving the taste, texture, and nutritional value of meat substitutes to better mimic traditional meat products. Key distribution channels include supermarkets and hypermarkets, followed by convenience stores and a rapidly expanding online presence. Major players like Beyond Meat, Impossible Foods, and established food companies such as Nestle and Kellogg are heavily investing in research and development, expanding their product portfolios, and strategically acquiring smaller companies to consolidate their market share. While pricing remains a factor, the increasing availability and accessibility of meat substitutes in various retail outlets are contributing to the market's expansion. The forecast period (2025-2033) projects continued expansion, driven by several factors including the growing vegan and vegetarian population, increasing government support for sustainable agriculture, and advancements in food technology leading to more realistic meat alternatives. However, challenges persist. Maintaining consistent product quality and addressing consumer perceptions about taste and texture remain critical for sustained growth. Furthermore, competition from established meat producers is intensifying, necessitating continued innovation and strategic marketing to maintain a competitive edge. The market is segmented by product type (tempeh, TVP, tofu, other meat substitutes) and distribution channel (off-trade and on-trade), allowing for a granular understanding of growth opportunities across various segments. While precise market size figures are not provided, a logical estimation based on industry reports and trends suggests a significant upward trajectory for the North American meat substitute market over the coming decade. Recent developments include: April 2023: Beyond Meat, a leader in plant-based meat, announced the launch of Beyond Pepperoni and Beyond Chicken Fillet, building on their recent rollout of Beyond Steak.February 2023: Impossible foods launched plant based spicy chicken nuggets, spicy chicken patties, and chicken tenders.November 2022: Nestlé has launched a powdered shelf-stable plant-based protein blend to complement egg dishes in a nutritious, and affordable way in Latin America.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  17. k

    US Meat Substitutes Market Outlook to 2030

    • kenresearch.com
    pdf
    Updated Oct 31, 2024
    + more versions
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    Ken Research (2024). US Meat Substitutes Market Outlook to 2030 [Dataset]. https://www.kenresearch.com/industry-reports/us-meat-substitutes-market
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Oct 31, 2024
    Dataset authored and provided by
    Ken Research
    License

    https://www.kenresearch.com/terms-and-conditionshttps://www.kenresearch.com/terms-and-conditions

    Area covered
    United States
    Description

    The US Meat Substitutes Market size is USD 1.18 billion in 2023, showcasing market insights, segmentation analysis, and future outlook. Explore key players and industry challenges.

  18. D

    Plant-Based Meat Substitutes Market Report | Global Forecast From 2025 To...

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
    + more versions
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    Dataintelo (2025). Plant-Based Meat Substitutes Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-plant-based-meat-substitutes-market
    Explore at:
    pptx, csv, pdfAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Plant-Based Meat Substitutes Market Outlook



    The global market size for plant-based meat substitutes was valued at approximately USD 7.21 billion in 2023, and it is projected to grow to USD 21.13 billion by 2032, reflecting a robust CAGR of 12.5% during the forecast period. The growth of this market is driven by increasing consumer awareness about the environmental and health benefits of plant-based diets, coupled with technological advancements in food production.



    One of the key growth factors of the plant-based meat substitutes market is the rising consumer preference for sustainable and ethically produced food. As consumers become more informed about the environmental impact of animal farming, there is a significant shift towards plant-based diets. The growing vegan and vegetarian population, along with flexitarians—those who primarily eat vegetarian but occasionally consume meat—contributes significantly to the market expansion. Additionally, growing concerns over animal welfare and the ethical treatment of animals are compelling more people to opt for plant-based alternatives.



    Another contributing factor is the increasing prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular diseases. The health benefits associated with plant-based meat substitutes, including lower cholesterol levels, reduced saturated fat intake, and high fiber content, make these products appealing to health-conscious consumers. The rising awareness of the health risks associated with red meat consumption is driving a notable shift towards plant-based alternatives. This trend is particularly pronounced in urban areas where consumers tend to be more health-conscious and have higher disposable incomes.



    Technological advancements and innovations in food processing technology are also playing a crucial role in the growth of the plant-based meat substitutes market. Companies are investing heavily in R&D to develop products that closely mimic the taste, texture, and nutritional profile of traditional meat. Innovations such as 3D food printing, fermentation technology, and the use of novel plant proteins are enhancing the quality and variety of plant-based meat products. This has led to improved consumer acceptance and increased market penetration.



    The rise of Plant Based Alternative Meat has been a game-changer in the food industry, offering consumers a sustainable and ethical choice without compromising on taste or nutrition. This shift is not just a trend but a significant movement towards a more sustainable food system. As more people become aware of the environmental impact of traditional meat production, the demand for plant-based alternatives continues to grow. Companies are responding by developing innovative products that replicate the taste and texture of meat, making it easier for consumers to make the switch. This transition is supported by a growing body of research highlighting the health benefits of plant-based diets, including lower risks of chronic diseases and improved overall well-being.



    Regionally, North America and Europe are leading the market due to the high awareness and acceptance of plant-based diets. In North America, the United States is the largest market, driven by a strong presence of key market players and high consumer awareness. Europe follows closely, with countries like the UK, Germany, and France showing significant growth. The Asia Pacific region is also exhibiting rapid growth due to increasing urbanization, rising disposable incomes, and a growing middle class. In contrast, Latin America and the Middle East & Africa are emerging markets with significant growth potential, albeit from a smaller base.



    Product Type Analysis



    The plant-based meat substitutes market is segmented by product type into tofu, tempeh, seitan, textured vegetable protein (TVP), and others. Each of these product types offers unique benefits and appeals to different consumer preferences. Tofu, made from soybeans, is one of the most popular and widely consumed plant-based meat substitutes. It is known for its versatility and ability to absorb flavors, making it a staple in many vegetarian and vegan diets. The increasing popularity of Asian cuisines, where tofu is a common ingredient, is further boosting its demand.



    Tempeh, another soy-based product, is gaining popularity due to its high protein content and distinct nutty flavor. Unlike tofu, tempeh is less processed and retains more of

  19. U

    USA Meat Substitutes Industry Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated May 3, 2025
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    Market Report Analytics (2025). USA Meat Substitutes Industry Report [Dataset]. https://www.marketreportanalytics.com/reports/usa-meat-substitutes-industry-97637
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    May 3, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global, United States
    Variables measured
    Market Size
    Description

    The US meat substitutes market, a dynamic segment within the broader plant-based food industry, is experiencing significant growth driven by escalating consumer demand for healthier, more sustainable, and ethically sourced protein alternatives. This surge is fueled by several factors: rising awareness of the environmental impact of traditional meat production, increasing health consciousness among consumers seeking lower-fat, cholesterol-free options, and the proliferation of innovative and palatable meat substitute products that closely mimic the taste and texture of animal-based proteins. Key product categories within this market include tempeh, textured vegetable protein (TVP), tofu, and other emerging meat substitutes like those based on pea protein, mycoprotein, and even cultivated meat. The market is segmented by distribution channels, with supermarkets and hypermarkets holding a dominant share, followed by convenience stores and a rapidly expanding online channel catering to convenience-seeking consumers. Major players, such as Beyond Meat, Impossible Foods, and established food companies like Conagra Brands and Kellogg's, are aggressively investing in research and development, expanding product lines, and strengthening their market presence through strategic partnerships and acquisitions. The market's future growth trajectory is projected to be robust, underpinned by continued innovation in product development focusing on improved taste, texture, and nutritional profiles. Increased consumer education regarding the environmental and health benefits of meat substitutes will also play a crucial role in driving market expansion. However, challenges remain, including consumer perceptions regarding price points (often higher than conventional meat), the potential for ingredient sourcing limitations, and overcoming skepticism among consumers who are hesitant to adopt plant-based alternatives. Successful companies will need to address these challenges through cost optimization, supply chain diversification, and ongoing marketing efforts to further increase consumer acceptance and awareness. The continued expansion of the online retail channel presents a significant opportunity for growth, providing access to broader consumer demographics and improved distribution efficiency. Recent developments include: April 2023: Beyond Meat, a leader in plant-based meat, announced the launch of Beyond Pepperoni and Beyond Chicken Fillet, building on their recent rollout of Beyond Steak.February 2023: Impossible foods launched plant based spicy chicken nuggets, spicy chicken patties, and chicken tenders.September 2022: Gathered Foods has been acquired by Wicked Kitchen a plant-based product selling brand based in North America.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

  20. m

    North America Meat Substitutes Market Size and Forecasts 2030

    • mobilityforesights.com
    pdf
    Updated May 20, 2025
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    Mobility Foresights (2025). North America Meat Substitutes Market Size and Forecasts 2030 [Dataset]. https://mobilityforesights.com/product/north-america-meat-substitute-market
    Explore at:
    pdfAvailable download formats
    Dataset updated
    May 20, 2025
    Dataset authored and provided by
    Mobility Foresights
    License

    https://mobilityforesights.com/page/privacy-policyhttps://mobilityforesights.com/page/privacy-policy

    Area covered
    North America
    Description

    In North America Meat Substitutes Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision-making and business growth.

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Close
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Mordor Intelligence (2025). United States Meat Substitutes Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/united-states-meat-substitutes-market
Organization logo

United States Meat Substitutes Market Size & Share Analysis - Industry Research Report - Growth Trends

Explore at:
pdf,excel,csv,pptAvailable download formats
Dataset updated
Jan 2, 2025
Dataset authored and provided by
Mordor Intelligence
License

https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

Time period covered
2017 - 2030
Area covered
United States
Description

The United States Meat Substitutes Market is segmented by Type (Tempeh, Textured Vegetable Protein, Tofu) and by Distribution Channel (Off-Trade, On-Trade). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

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