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.
This report aims to provide a comprehensive presentation of the global market for Meat Alternatives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Meat Alternatives. This report contains market size and forecasts of Meat Alternatives in global, including the following market information:
- Global Meat Alternatives Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Meat Alternatives Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Meat Alternatives companies in 2022 (%)
The global Meat Alternatives market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in United States Meat Alternatives market include White Wave, Kellogg's, Pinnacle Foods, etc., and the top 3 player occupies about 20% shares of the whole market. Midwest of USA is the main market, and occupies about 30% of the whole market. Soybean is the main type, with a share about 60%. Vegetarian is the main application, which holds a share over 80%.
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, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Meat Alternatives Market Segment Percentages, by Type, 2022 (%)
Global Meat Alternatives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Meat Alternatives Market Segment Percentages, by Application, 2022 (%)
- Vegetarian
- Non-vegetarian
Global Meat Alternatives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Meat Alternatives Market Segment Percentages, By Region and Country, 2022 (%)
- 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, 2018-2023 (Estimated), ($ millions)
- Key companies Meat Alternatives revenues share in global market, 2022 (%)
- Key companies Meat Alternatives sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Meat Alternatives sales share in global market, 2022 (%)
- 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
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Meat Alternatives, market overview.
- Chapter 2: Global Meat Alternatives market size in revenue and volume.
- Chapter 3: Detailed analysis of Meat Alternatives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Meat Alternatives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Meat Alternatives capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.