NORTH AMERICA MEAT SUBSTITUTE MARKET FORECAST 2019-2027

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NORTH AMERICA MEAT SUBSTITUTE MARKET FORECAST 2019-2027

The market for meat substitutes in the North America region will grow at a predicted CAGR of 5.79% throughout the estimated period of 2019-2027 and will create revenue of $XX million by the end. The snacks and food products made up of plant-based proteins are gaining popularity among people across the world, which acts as a main influencing force for the meat substitutes market. The primary factor driving the growth of the meat substitute market includes the rising demand for plant-based protein. Plant-based proteins are rich in protein and fiber. Several companies on a global scale are continually promoting the consumption of meat analog by emphasizing on its health benefits. Over the forecast period, the meat substitute market in North America is also developing because of the increasing number of fitness and health-conscious people accompanied by changing consumer preferences.

NORTH AMERICA MEAT SUBSTITUTE MARKET FORECAST 2019-2027

North America Meat Substitute Market by Product Type (Tofu Based, Tempeh Based, Tvp Based, Seitan Based, Quorn Based, Other Products) by Category (Frozen, Refrigerated, Shelf-stable) by Source (Soy-based, Wheat Based, Mycoprotein, Other Sources) by Geography.

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The market for meat substitutes in the North America region will grow at a predicted CAGR of 5.79% throughout the estimated period of 2019-2027 and will create revenue of $XX million by the end. The snacks and food products made up of plant-based proteins are gaining popularity among people across the world, which acts as a main influencing force for the meat substitutes market.

The primary factor driving the growth of the meat substitute market includes the rising demand for plant-based protein. Plant-based proteins are rich in protein and fiber. Several companies on a global scale are continually promoting the consumption of meat analog by emphasizing on its health benefits.

Over the forecast period, the meat substitute market in North America is also developing because of the increasing number of fitness and health-conscious people accompanied by changing consumer preferences. Although, North America region is a significant consumer of meat-based products, the rising incidences of obesity and other health problems drive the trend of consumption of vegan food products. As a result of this, the market for meat substitutes is expected to enlarge in the coming years.

Beyond Meat, Vegaboom Healthy Option, Impossible Foods Inc., Superbom, Quorn Foods, Amy’s Kitchen Inc., The Tofurky Company, Cauldron Foods, Conagra Brands Inc., Sonic Biochem Limited, Vbites Food Ltd., The Campbell Soup Company, Meatless BV, MGP Ingredients, and Kellog Co. are the prominent companies involved in the market.

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • GROWING DEMAND FOR WHEAT BASED FOODS
      • RAPID GROWTH IN THE FOOD SERVICE INDUSTRY
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • GROWING DEMAND FOR PLANT-BASED PROTEINS
      • RISING HEALTH CONSCIOUSNESS AMONG CUSTOMERS
      • RISE IN OBESE POPULATION
    • MARKET RESTRAINTS
      • DIVERSE AVAILABILITY OF SUBSTITUTES
    • MARKET OPPORTUNITIES
      • INCREASE IN HEALTH AWARENESS AND VEGETARIANISM
      • RISE IN PENETRATION OF MODERNIZED RETAIL CHAIN
    • MARKET CHALLENGES
      • RELATIVELY HIGH PRICES OF MEAT SUBSTITUTES
      • FOOD ALLERGIES ASSOCIATED WITH SOY-BASED FOOD
  1. MARKET BY PRODUCT TYPE
    • TOFU BASED
    • TEMPEH BASED
    • TVP BASED
    • SEITAN BASED
    • QUORN BASED
    • OTHER PRODUCTS
  2. MARKET BY CATEGORY
    • FROZEN
    • REFRIGERATED
    • SHELF STABLE
  3. MARKET BY SOURCE
    • SOY-BASED
    • WHEAT BASED
    • MYCOPROTEIN
    • OTHER SOURCES
  4. KEY ANALYTICS
    • PORTERS FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • AMY’S KITCHEN INC.
    • BEYOND MEAT
    • CAULDRON FOODS
    • QUORN FOODS
    • KELLOG CO.
    • THE TORFURKY COMPANY
    • SUPERBOM
    • MEATLESS BV
    • VBITES FOOD LTD
    • MGP INGREDIENTS
    • IMPOSSIBLE FOODS INC.
    • CONAGRA BRANDS INC.
    • THE CAMPBELL SOUP COMPANY
    • SONIC BIOCHEM LIMITED
    • VEGABOOM HEALTHY OPTION

 TABLE LIST

TABLE 1. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)

TABLE 3. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY CATEGORY, 2019-2027 (IN $ MILLION)

TABLE 4. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)

TABLE 5. OPPORTUNITY MATRIX

TABLE 6. VENDOR LANDSCAPE

TABLE 7. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

 

FIGURE LIST

FIGURE 1. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY PRODUCT TYPE, 2018 & 2027 (IN %)

FIGURE 2. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY TOFU BASED, 2019-2027 (IN $ MILLION)

FIGURE 3. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY TEMPEH BASED, 2019-2027 (IN $ MILLION)

FIGURE 4. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY TVP BASED, 2019-2027 (IN $ MILLION)

FIGURE 5. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY SEITAN BASED, 2019-2027 (IN $ MILLION)

FIGURE 6. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY QUORN BASED, 2019-2027 (IN $ MILLION)

FIGURE 7. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY OTHER PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 8. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY FROZEN, 2019-2027 (IN $ MILLION)

FIGURE 9. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY REFRIGERATED, 2019-2027 (IN $ MILLION)

FIGURE 10. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY SHELF-STABLE, 2019-2027 (IN $ MILLION)

FIGURE 11. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY SOY-BASED, 2019-2027 (IN $ MILLION)

FIGURE 12. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY WHEAT BASED, 2019-2027 (IN $ MILLION)

FIGURE 13. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY MYCOPROTEIN, 2019-2027 (IN $ MILLION)

FIGURE 14. NORTH AMERICA MEAT SUBSTITUTE MARKET, BY OTHER SOURCES, 2019-2027 (IN $ MILLION)

FIGURE 15. PORTER’S FIVE FORCE ANALYSIS

FIGURE 16. NORTH AMERICA MEAT SUBSTITUTE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 17. UNITED STATES MEAT SUBSTITUTE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 18. CANADA MEAT SUBSTITUTE MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY PRODUCT TYPE
    • TOFU BASED
    • TEMPEH BASED
    • TVP BASED
    • SEITAN BASED
    • QUORN BASED
    • OTHER PRODUCTS
  2. MARKET BY CATEGORY
    • FROZEN
    • REFRIGERATED
    • SHELF STABLE
  3. MARKET BY SOURCE
    • SOY-BASED
    • WHEAT BASED
    • MYCOPROTEIN
    • OTHER SOURCES

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