A meat analogue is a manufactured food product that tastes and looks like meat. Vegetarians and other health-conscious people eat meat analogs as they are relatively high in protein. They are also very versatile and can be baked, broiled, or roasted. Soy, beans, wheat gluten, and/or nuts are used as the main protein source, with other ingredients used to provide texture and a meat-like taste. Meat analogue is made from vegetarian ingredients and often without animal products such as dairy. Meat analogs can be purchased to replace steak, hamburger, chicken, hot dogs, sausage, and many other meat products. The vegetarians and vegans mostly prefer to consume meat analogues. However, non-vegetarian who wants to reduce meat consumption also prefer meat analogues.
This intelligence report provides a comprehensive analysis of the Meat Analogue Market. This includes investigating past progress, ongoing market scenarios, and future prospects. Accurate data on the products, strategies and market share of leading companies in this particular market are mentioned.This report provides a 360-degree overview of the global market’s competitive landscape. The report further predicts the size and valuation of the global market during the forecast period.
Major Key Players in This Report Include,
ADM (United States), Dupont (United States), The Nisshin Oillio Group (Japan), Sonic Biochem Limited (India), MGP Ingredients (United States), Garden Protein International (Canada), Beyond Meat (United States), Amy’s Kitchen (United States), Quorn Foods (United Kingdom) and Morningstar Farms (United States).
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This market research report looks into and analyzes the Meat Analogue Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.
Major Market Developments:
On 24 Oct 2018, Meatless Farm Co., a United Kingdom-based company has announced the launch of frozen food products into United States, New Zealand, and Australian markets. The company is focusing on plant-based meat products. The company is planning to build 2 manufacturing sites, one in Poland for the European markets and another one in the United States or the Netherlands.
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The regional analysis of Meat Analogue Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
The Meat Analogue Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.
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Strategic Points Covered in Table of Content of Meat Analogue Market:
1. Market Overview
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
3. Market Dynamics
3.2. Market Drivers
3.2.1. The Rising Demand For Chilled Meat Analogues
3.2.2. Rising Health Concerns, Due To Increasing Obesity Levels Brought On By The Consumption Of Meat Products
3.2.3. Health Benefits Of Meat Substitutes
3.2.4. Increased Preference For Vegetarian And Vegan Foods
3.3. Market Challenges
3.3.1. Perception Of Taste
3.3.2. Genetically Modified (GM) Soybeans
3.3.3. Variations In The Prices Of Raw Material
3.4. Market Trends
3.4.1. More And More People Are Exploring Vegan And Vegetarian Alternatives
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Meat Analogue, by Type, Application, Category, Source and Region (value, volume and price ) (2013-2018)
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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