代替肉市場レポート：タイプ別、原料別、カテゴリー別、流通チャネル別、地域別、2024-2032

世界の代替肉市場規模は2023年に69億米ドルに達しました。IMARCグループは、2024年から2032年にかけての成長率（CAGR）は5.8％で、2032年には116億米ドルに達すると予測しています。ベジタリアンやビーガン食の普及、肉の大量消費による悪影響に対する意識の高まり、持続可能な開発への関心の高まりなどが、市場を推進している主な要因です。

代替肉は、主に豆類、穀物、菌類などの植物性原料を利用して、動物性肉の味、食感、栄養プロファイルを再現するように設計された製品です。メーカー各社は、3Dプリンティングや細胞農業のような先端技術を採用し、従来の食肉に酷似した代用食肉を生産しています。持続可能性に重点を置いたこれらの製品は、動物性食品に比べ、二酸化炭素排出量、水使用量、土地所要量が少ないのが一般的です。さらに、代替肉は菜食主義者、ベジタリアン、フレキシタリアンなど多様な食生活のニーズに対応するため、消費者の裾野が広がっています。これらの製品はハンバーガー、ソーセージ、ナゲットなど様々な形態があり、スーパーマーケット、専門店、オンライン・プラットフォームで入手できます。その結果、健康意識の高まり、環境問題、動物福祉に関する倫理的配慮から、代替肉は大衆の間で支持を集めています。

急速なグローバリゼーションと国際的な料理に接する機会の増加による食の嗜好の多様化は、予測期間中の代替肉市場の成長を刺激するであろう。人々が食の選択に積極的に課題するようになるにつれて、多用途で斬新な植物ベースの製品に対する需要が高まる。さらに、植物ベースのベンチャー企業に対する助成金や奨励金など、持続可能な農業や食品生産方法を奨励する政府の支援や規制変更の高まりが、市場の成長に寄与しています。こうした規制の仕組みにより、代替肉メーカーは事業を拡大し、より幅広い顧客層にリーチしやすくなっています。加えて、細胞農業や3D食品印刷などの食品技術の進歩が進んでいるため、従来の食肉とほとんど見分けがつかない製品の開発が可能になり、主流消費者の間でさらに受け入れが拡大しています。これに加え、経済的要因も極めて重要な役割を果たしています。特に動物性食品に偏った食生活に伴う長期的なヘルスケア・コストを考慮すると、代替肉は長期的に費用対効果が高いと見なされるようになってきているからです。さらに、ソーシャル・メディアの影響力の高まりや、植物由来の食生活を提唱する有名人の支持は、世論や購買行動に影響を与え、市場の成長を促進しています。

代替肉市場の動向と促進要因：

健康・栄養意識の高まり

植物性タンパク質を豊富に含むバランスの取れた食生活の利点に対する意識の高まりは、肉代替食品市場を前進させる重要な要因の一つです。コレステロール値の上昇や心血管疾患など、肉の大量消費に伴う健康への悪影響に対する消費者の意識が高まるにつれ、より健康的な代替食品への需要が高まり続けています。代替肉は通常、必須アミノ酸、ビタミン、ミネラルを提供する一方で、飽和脂肪酸の含有量は少なく、コレステロールはゼロです。健康と予防ヘルスケアへの関心の高まりは、特にミレニアル世代とジェネレーションZの間で顕著であり、彼らは長期的な健康利益のためにライフスタイルの変化を取り入れることに積極的です。その結果、健康と栄養に対する意識の高まりが、代替肉市場の拡大の起爆剤となっています。

倫理的配慮の増加

大衆の間で動物福祉に関する倫理的配慮が著しく高まっていることも、代替肉市場の成長を後押しする重要な要因となっています。畜産はしばしば、非人道的な扱いや大量生産をめぐる倫理的ジレンマに対する懸念を引き起こします。その結果、従来の動物性食品に代わる残酷な扱いのない代替食品を選ぶ層が増えています。アクティビズム、ドキュメンタリー、動物福祉に関する言説の増加は、この倫理的覚醒にさらに拍車をかけています。このような世界の変化は消費者の行動に影響を与え、メーカーは代替肉市のような倫理的な選択肢を提供せざるを得なくなり、市場の成長に寄与しています。

環境への関心の高まり

持続可能性と環境保全は、代替肉市場の成長を刺激する他の主な要因です。伝統的な畜産は、森林伐採、温室効果ガスの排出、過剰な水の使用など、重大な環境問題に関連しています。一方、植物由来の代替食品は環境への影響がかなり少ないです。気候変動と資源保護が世界の議論で注目を浴び続けるなか、持続可能な食糧生産の必要性が急務となっています。食肉代替物市場は、環境に優しく資源効率に優れた製品を提供することで、この高まる懸念に効果的に応えており、持続可能な未来に向けた実行可能なソリューションとなっています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界の代替肉市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場内訳：タイプ別
• 市場内訳：原料別
• 市場内訳：カテゴリー別
• 市場内訳：流通チャネル別
• 市場内訳：地域別
• 市場予測

第6章 市場内訳：タイプ別

• 豆腐・豆腐原料
  • 市場動向
  • 市場予測
• テンペ
  • 市場動向
  • 市場予測
• テクスチャード・ベジタブル・プロテイン（TVP）
  • 市場動向
  • 市場予測
• セイタン
  • 市場動向
  • 市場予測
• クオン
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第7章 市場内訳：原料別

• 大豆
  • 市場動向
  • 市場予測
• 小麦
  • 市場動向
  • 市場予測
• マイコプロテイン
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第8章 市場内訳：カテゴリー別

• 冷凍
  • 市場動向
  • 市場予測
• 冷蔵
  • 市場動向
  • 市場予測
• シェルフステーブル
  • 市場動向
  • 市場予測

第9章 市場内訳：流通チャネル別

• スーパーマーケットとハイパーマーケット
  • 市場動向
  • 市場予測
• 健康・食品ストア
  • 市場動向
  • 市場予測
• コンビニエンスストア
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第10章 市場内訳：地域別

• アジア太平洋
  • 市場動向
  • 市場予測
• 欧州
  • 市場動向
  • 市場予測
• 北米
  • 市場動向
  • 市場予測
• 中東・アフリカ
  • 市場動向
  • 市場予測
• ラテンアメリカ
  • 市場動向
  • 市場予測

第11章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第14章 価格分析

第15章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • The Nisshin Oillio Group
  • Dupont
  • Archer Daniels Midland
  • Amy's Kitchen
  • Conagra Brands
  • Quorn Foods
  • Cauldron Foods
  • Campbell Soup Company
  • VBites
  • Blue Chip Group
  • Field Roast
  • Garden Protein International
  • LightLife
  • Sweet Earth Foods
  • MGP Ingredients
  • Tofurky
  • Meatless
  • Sonic Biochem Limited

List of Figures

• Figure 1: Global: Meat Substitutes Market: Major Drivers and Challenges
• Figure 2: Global: Meat Substitutes Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Meat Substitutes Market: Breakup by Type (in %), 2023
• Figure 4: Global: Meat Substitutes Market: Breakup by Source (in %), 2023
• Figure 5: Global: Meat Substitutes Market: Breakup by Category (in %), 2023
• Figure 6: Global: Meat Substitutes Market: Breakup by Distribution Channel (in %), 2023
• Figure 7: Global: Meat Substitutes Market: Breakup by Region (in %), 2023
• Figure 8: Global: Meat Substitutes Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 9: Global: Meat Substitutes Industry: SWOT Analysis
• Figure 10: Global: Meat Substitutes Industry: Value Chain Analysis
• Figure 11: Global: Meat Substitutes Industry: Porter's Five Forces Analysis
• Figure 12: Global: Meat Substitutes (Tofu & Tofu Ingredients) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Meat Substitutes (Tofu & Tofu Ingredients) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Meat Substitutes (Tempeh) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Meat Substitutes (Tempeh) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Meat Substitutes (Textured Vegetable Protein) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Meat Substitutes (Textured Vegetable Protein) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Meat Substitutes (Seitan) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Meat Substitutes (Seitan) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Meat Substitutes (Quorn) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Meat Substitutes (Quorn) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Meat Substitutes (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Meat Substitutes (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Meat Substitutes (Soy) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Meat Substitutes (Soy) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Meat Substitutes (Wheat) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Meat Substitutes (Wheat) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Meat Substitutes (Mycoprotein) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Meat Substitutes (Mycoprotein) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Meat Substitutes (Other Sources) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Meat Substitutes (Other Sources) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Meat Substitutes (Frozen) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Meat Substitutes (Frozen) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Global: Meat Substitutes (Refrigerated) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Global: Meat Substitutes (Refrigerated) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Global: Meat Substitutes (Shelf-Stable) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Global: Meat Substitutes (Shelf-Stable) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Global: Meat Substitutes Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2018 & 2023
• Figure 39: Global: Meat Substitutes Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2024-2032
• Figure 40: Global: Meat Substitutes Market: Sales through Health and Food Stores (in Million US$), 2018 & 2023
• Figure 41: Global: Meat Substitutes Market Forecast: Sales through Health and Food Stores (in Million US$), 2024-2032
• Figure 42: Global: Meat Substitutes Market: Sales through Convenience Stores (in Million US$), 2018 & 2023
• Figure 43: Global: Meat Substitutes Market Forecast: Sales through Convenience Stores (in Million US$), 2024-2032
• Figure 44: Global: Meat Substitutes Market: Sales through Other Distribution Channels (in Million US$), 2018 & 2023
• Figure 45: Global: Meat Substitutes Market Forecast: Sales through Other Distribution Channels (in Million US$), 2024-2032
• Figure 46: Asia Pacific: Meat Substitutes Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: Asia Pacific: Meat Substitutes Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: Europe: Meat Substitutes Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: Europe: Meat Substitutes Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: North America: Meat Substitutes Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: North America: Meat Substitutes Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: Middle East and Africa: Meat Substitutes Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: Middle East and Africa: Meat Substitutes Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: Latin America: Meat Substitutes Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: Latin America: Meat Substitutes Market Forecast: Sales Value (in Million US$), 2024-2032

List of Tables

• Table 1: Global: Meat Substitutes Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Meat Substitutes Market Forecast: Breakup by Type (in Million US$), 2024-2032
• Table 3: Global: Meat Substitutes Market Forecast: Breakup by Source (in Million US$), 2024-2032
• Table 4: Global: Meat Substitutes Market Forecast: Breakup by Category (in Million US$), 2024-2032
• Table 5: Global: Meat Substitutes Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
• Table 6: Global: Meat Substitutes Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 7: Global: Meat Substitutes Market Structure
• Table 8: Global: Meat Substitutes Market: Key Players

The global meat substitutes market size reached US$ 6.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032. The rising adoption of vegetarian and vegan diets, growing awareness about the negative effects of high meat consumption, and heightened emphasis on sustainable development are some of the major factors propelling the market.

Meat substitutes are products designed to replicate the taste, texture, and nutritional profile of animal-based meat, primarily utilizing plant-based ingredients such as legumes, grains, and fungi. Manufacturers are employing advanced technologies like 3D printing and cellular agriculture to produce meat substitutes that closely mimic traditional meat. With a focus on sustainability, these products typically have a lower carbon footprint, water usage, and land requirement compared to their animal-based counterparts. Moreover, meat substitutes cater to diverse dietary needs, including vegan, vegetarian, and flexitarian diets, thus widening their consumer base. These products come in various forms such as burgers, sausages, and nuggets, and are available across supermarkets, specialty stores, and online platforms. As a result, meat substitutes are gaining traction among the masses due to rising health awareness, environmental concerns, and ethical considerations related to animal welfare.

The diversification of culinary preferences, fueled by rapid globalization and increased exposure to international cuisines, will stimulate the growth of the meat substitutes market during the forecast period. As people become more willing to experiment with their food choices, the demand for versatile and novel plant-based products grows. Moreover, the rising government support and regulatory changes that encourage sustainable farming and food production methods, including grants and incentives for plant-based ventures, is contributing to market growth. These regulatory mechanisms are making it easier for meat substitute manufacturers to scale their operations and reach a broader customer base. In addition, ongoing advancements in food technology, such as cellular agriculture and 3D food printing, are enabling the development of products that are virtually indistinguishable from traditional meat, further augmenting their acceptance among mainstream consumers. Besides this, economic factors also play a crucial role, as meat substitutes are increasingly viewed as cost-effective in the long run, particularly when considering the long-term healthcare costs associated with diets rich in animal-derived products. Furthermore, the escalating influence of social media and celebrity endorsements advocating for plant-based diets are influencing public opinions and purchasing behaviors, thus fueling market growth.

Meat Substitutes Market Trends/Drivers:

Heightened Health and Nutrition Awareness

The growing awareness about the benefits of a balanced diet rich in plant-based proteins is one of the key factors propelling the meat substitutes market forward. As consumers become increasingly conscious of the adverse health effects associated with high meat consumption, such as elevated cholesterol levels and cardiovascular diseases, the demand for healthier alternatives continues to rise. Meat substitutes typically provide essential amino acids, vitamins, and minerals while containing fewer saturated fats and zero cholesterol. This heightened focus on well-being and preventative healthcare is particularly notable among millennials and Generation Z, who are more willing to adopt lifestyle changes for long-term health benefits. Consequently, increased health and nutrition awareness is serving as a catalyst for the expanding meat substitutes market.

Increase in Ethical Considerations

A significant rise in ethical considerations related to animal welfare among the masses has become a significant factor favoring the growth of the meat substitutes market. Animal agriculture often raises concerns about inhumane treatment and ethical dilemmas surrounding mass production. As a result, a growing segment of the population is opting for cruelty-free alternatives to conventional animal products. Activism, documentaries, and increased public discourse on animal welfare have further fueled this ethical awakening. This global shift is affecting consumer behavior and compelling manufacturers to offer ethical options, such as meat substitutes, thus contributing to market growth.

Rise in Environmental Concerns

Sustainability and environmental preservation are other major factors stimulating the growth of the meat substitutes market. Traditional animal farming has been linked to significant environmental issues, including deforestation, greenhouse gas emissions, and excessive water usage. On the other hand, plant-based alternatives have a considerably lower environmental impact. As climate change and resource conservation continue to gain prominence in global discussions, the need for sustainable food production becomes urgent. The meat substitutes market is effectively responding to this growing concern by providing products that are both eco-friendly and resource-efficient, making it a viable solution for a sustainable future.

Meat Substitutes Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global meat substitutes market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on type, source, category and distribution channel.

Breakup by Type:

Tofu & Tofu Ingredients

Tempeh

Textured Vegetable Protein (TVP)

Seitan

Quorn

Others

Tofu & tofu ingredients represent the most popular type of meat substitute

The report has provided a detailed breakup and analysis of the market based on the type. This includes tofu and tofu ingredients, tempeh, textured vegetable protein (TVP), seitan, quorn, and others. According to the report, tofu and tofu ingredients represented the largest segment.

Tofu has a long history and is well-established in many cuisines, especially in Asian countries, making it familiar to a large segment of consumers. Its relatively neutral taste and texture make it highly versatile, allowing it to be easily incorporated into a wide range of dishes, from savory to sweet. This flexibility appeals to both home cooks and professional chefs alike, contributing to its growing popularity. Nutritionally, tofu is a powerhouse, providing a balanced profile of essential amino acids, vitamins, and minerals, which meets the health and wellness criteria that many consumers are seeking. It is also usually lower in fat and calories compared to animal-based protein sources, aligning well with weight management and cardiovascular health goals.

Furthermore, tofu is comparatively affordable and readily available. It is usually less expensive than specialty meat substitutes, making it accessible to a broader demographic. Its widespread availability in grocery stores, specialty health food stores, and online platforms ensures that it remains a convenient choice for consumers. Apart from this, the simplicity of its production process, which involves coagulating soy milk and pressing it into blocks, makes it environmentally sustainable. This aligns well with the rising consumer concerns for eco-friendly food options, thus accelerating the sales of tofu and tofu ingredients, propelling the growth of this segment.

Breakup by Source:

Soy

Wheat

Mycoprotein

Others

Soy holds the largest share in the market

A detailed breakup and analysis of the market based on the source has also been provided in the report. This includes soy, wheat, mycoprotein, and others. According to the report, soy accounted for the largest market share.

Soy is a complete protein, containing all nine essential amino acids required by the human body. Its rich nutritional profile makes it an ideal alternative to animal-based proteins, fulfilling consumer demand for health-conscious options. Moreover, soy has been extensively researched and its health benefits, including its potential to lower cholesterol levels and mitigate symptoms of menopause, are well-documented. From a manufacturing perspective, soy is highly versatile and easily adaptable to various food technologies. It can be processed into a multitude of forms such as tofu, tempeh, and textured vegetable protein, allowing for a wide range of meat substitute products. This flexibility in production enhances its attractiveness for both manufacturers and consumers.

Economic factors also contribute to soy's dominance in the market. Soybeans are a major global crop, and economies of scale make it a cost-effective option for both producers and consumers. The extensive supply chain and well-established infrastructure for soy production ensure a steady, reliable supply of raw material. Although all plant-based sources generally have lower environmental impact compared to animal-based proteins, soy cultivation is often more land-efficient than other protein crops. Therefore, soy-based meat substitutes are perceived as a more sustainable choice, which aligns with the increasing consumer focus on eco-friendly products, favoring segment growth.

Breakup by Category:

Frozen

Refrigerated

Shelf-Stable

Frozen meat substitutes dominate the market

The report has provided a detailed breakup and analysis of the market based on the category. This includes frozen, refrigerated, and shelf-stable. According to the report, frozen represented the largest segment.

Frozen meat substitutes offer busy consumers a quick and easy option for meal preparation, aligning with the emerging trend of convenience foods. These frozen products often come pre-seasoned or pre-marinated, requiring minimal cooking skills and time, making them highly appealing to those leading fast-paced lives. Longer shelf-life is another major factor augmenting the popularity of frozen meat substitutes. Unlike fresh alternatives, frozen products can be stored for extended periods without compromising their nutritional value or taste. This longevity reduces food waste and allows consumers to stock up, providing both economical and practical benefits.

Moreover, advances in freezing technology have made it possible to preserve the texture, flavor, and nutritional content of meat substitutes effectively. High-quality frozen meat substitutes are now virtually indistinguishable from their fresh counterparts once cooked, removing previous stigmas associated with frozen foods being inferior in taste or nutritional value. In addition, the frozen category benefits from broader distribution capabilities. Frozen products can be transported over long distances and are less sensitive to temperature fluctuations, making them more accessible to consumers in areas where fresh meat substitutes may not be readily available. A combination of convenience, extended shelf-life, product quality, and broader distribution contributes to the escalating demand for frozen products, fueling the growth of this segment.

Breakup by Distribution Channel:

Supermarkets and Hypermarkets

Health and Food Stores

Convenience Stores

Others

Meat substitutes are majorly distributed through supermarkets and hypermarkets

A detailed breakup and analysis of the market based on the distribution channel has also been provided in the report. This includes supermarkets and hypermarkets, health and food stores, convenience stores, and others. According to the report, supermarkets and hypermarkets accounted for the largest market share.

The main factors that are driving the growth of this segment are the widespread accessibility, consumer trust, and diverse product offerings of supermarkets and hypermarkets. These retail outlets provide a convenient one-stop shopping experience for consumers, making it easy to discover and purchase meat substitute products alongside their regular groceries. The extensive reach of these retail stores ensures that a wide range of consumers can access meat substitutes without having to travel far. This easy accessibility is crucial for capturing both health-conscious and environmentally aware consumers seeking alternatives to traditional animal-based products.

Additionally, supermarkets and hypermarkets have established themselves as reliable sources of food products, creating a sense of trust among consumers regarding the quality, safety, and authenticity of their products. This trust is especially important for meat substitutes, as consumers may be trying these products for the first time and rely on established retailers to provide accurate information. Also, these retail channels offer a broad selection of meat substitute brands and types, catering to different dietary preferences and tastes. This variety further encourages experimentation and allows consumers to choose products that align with their individual needs and preferences. Furthermore, rising promotions, product displays, and marketing campaigns by supermarkets and hypermarkets help raise awareness and boost sales of meat substitutes, thus driving the segment growth.

Breakup by Region:

Asia Pacific

Europe

North America

Middle East and Africa

Latin America

Europe exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. According to the report, Europe accounted for the largest market share.

Europe held the biggest market share due to evolving dietary preferences, environmental consciousness, robust regulatory support, and a rich cultural history of plant-based cuisine. European consumers are increasingly adopting flexitarian, vegetarian, and vegan diets, driven by health concerns and a growing awareness of the environmental impact of traditional meat consumption. The region also places a strong emphasis on sustainability and has a well-informed consumer base that values eco-friendly products. Meat substitutes, with their lower carbon footprint and reduced resource consumption, align well with these values.

Another major contributing aspect is favorable regulatory support. European governments and regulatory bodies are proactively promoting sustainable food production and reducing greenhouse gas emissions. This support encourages both manufacturers and consumers to embrace plant-based alternatives, thereby fueling the meat substitutes market. Europe's diverse culinary heritage also contributes to the market growth. Many European countries have a rich tradition of plant-based dishes that have been consumed for centuries. This cultural familiarity with plant-based foods has paved the way for a smoother transition to meat substitutes.

Moreover, Europe's well-developed retail infrastructure, including supermarkets, specialty health food stores, and online platforms, ensures easy accessibility to a wide array of meat substitute products. This availability, coupled with effective marketing and education campaigns, has helped build consumer interest and acceptance, further solidifying the position of Europe as a leading regional market for meat substitutes.

Competitive Landscape:

The market is experiencing steady growth as key players in the meat substitutes industry are actively engaged in product innovation, research and development (R&D), and strategic partnerships to maintain their competitive edge. The leading manufacturers are investing in advanced technologies to enhance the texture, taste, and nutritional profiles of their products, aiming to replicate the experience of consuming traditional meat. These industry players are also focusing on expanding their product portfolios to include a wider range of options, catering to diverse consumer preferences and dietary needs. Additionally, strategic collaborations with retailers, restaurants, and food service providers are helping these companies to broaden their market reach and amplify their brand presence, thereby shaping the evolving landscape of the meat substitutes market.

The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

The Nisshin Oillio Group, Ltd.

E.I. Du Pont De Nemours and Company

Archer-Daniels-Midland Company

Amy's Kitchen

Conagra Brands, Inc.

Quorn Foods

Cauldron Foods

Campbell Soup Company

VBites Foods Limited

Blue Chip Group, Inc.

Field Roast Grain Meat Co., Inc.

Garden Protein International

LightLife Foods

Sweet Earth Foods

MGP Ingredients Inc.

The Tofurky Company, Inc.

Meatless

Sonic Biochem Extraction Pvt. Ltd.

Recent Developments:

In December 2021, Quorn Foods announced the release of five new plant-based products, including Southern Fried Wings, Garlic and Herb Bites, Creamy Korma Bites, Jerk Mini Fillets, and Sweet Chilli Mini Fillets. Three of these new products are vegan offerings. These releases were part of Quorn's preparation for Veganuary 2022 and their planned expansion in the United States.

In 2023, VBites founder Heather Mills has acquired the assets of alt-meat maker Plant and Bean to expand their operations in the meat substitutes industry.

Key Questions Answered in This Report

• 1. What was the size of the global meat substitutes market in 2023?
• 2. What is the expected growth rate of the global meat substitutes market during 2024-2032?
• 3. What are the key factors driving the global meat substitutes market?
• 4. What has been the impact of COVID-19 on the global meat substitutes market?
• 5. What is the breakup of the global meat substitutes market based on the type?
• 6. What is the breakup of the global meat substitutes market based on the source?
• 7. What is the breakup of the global meat substitutes market based on the category?
• 8. What is the breakup of the global meat substitutes market based on the distribution channel?
• 9. What are the key regions in the global meat substitutes market?
• 10. Who are the key players/companies in the global meat substitutes market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Meat Substitutes Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Type
• 5.5 Market Breakup by Source
• 5.6 Market Breakup by Category
• 5.7 Market Breakup by Distribution Channel
• 5.8 Market Breakup by Region
• 5.9 Market Forecast

6 Market Breakup by Type

• 6.1 Tofu & Tofu Ingredients
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Tempeh
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Textured Vegetable Protein (TVP)
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Seitan
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Quorn
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Others
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast

7 Market Breakup by Source

• 7.1 Soy
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Wheat
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Mycoprotein
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Category

• 8.1 Frozen
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Refrigerated
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Shelf-Stable
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Distribution Channel

• 9.1 Supermarkets and Hypermarkets
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Health and Food Stores
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Convenience Stores
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Others
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast

10 Market Breakup by Region

• 10.1 Asia Pacific
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Europe
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 North America
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Middle East and Africa
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast
• 10.5 Latin America
  • 10.5.1 Market Trends
  • 10.5.2 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porter's Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 The Nisshin Oillio Group
  • 15.3.2 Dupont
  • 15.3.3 Archer Daniels Midland
  • 15.3.4 Amy's Kitchen
  • 15.3.5 Conagra Brands
  • 15.3.6 Quorn Foods
  • 15.3.7 Cauldron Foods
  • 15.3.8 Campbell Soup Company
  • 15.3.9 VBites
  • 15.3.10 Blue Chip Group
  • 15.3.11 Field Roast
  • 15.3.12 Garden Protein International
  • 15.3.13 LightLife
  • 15.3.14 Sweet Earth Foods
  • 15.3.15 MGP Ingredients
  • 15.3.16 Tofurky
  • 15.3.17 Meatless
  • 15.3.18 Sonic Biochem Limited