Market Highlights:
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. The market study is being classified by Type (Tofu & Tofu Ingredients, Tempeh, Textured Vegetable Protein (TVP), Other Soy Products, Seitan, Quorn and Other), by Application (Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Online Retailers and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Meat Analogue are 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).

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.

Key Questions Answered in the Report
What will the Meat Analogue Market size and the growth rate be in Future?
What are the key factors driving the Meat Analogue Market?
What are the key market trends and macro-economic impacting the growth of the Meat Analogue Market?
What are the challenges to market growth?
Who are the key vendors in the Meat Analogue Market?
What are the market opportunities and threats faced by the vendors in the Meat Analogue Market?
Trending factors influencing the market shares of the Vendors.
What are the key outcomes of the five forces analysis of the Meat Analogue Market?

Refer complete Table of Content of Meat Analogue Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Meat Analogue market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Meat Analogue market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Meat Analogue Manufacturers, Meat Analogue Traders/Distributors, Meat Analogue Distributors, Regulatory Bodies, Government Bodies and Downstream Vendors.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.