What is Vegan Meat Market Scope?
Vegan Meat is also known by different names such as faux, fake, meat analogs, etc. These are the meats which mimic certain properties of animal-based meat such as texture, flavor, or appearance. Vegan meat is made up of a variety of ingredients such as soy, textured vegetable protein among others. Increasing vegetarian people will drive the market for vegan meat.
Influencing Trend:
Major Food Industry Inventor Are Investing and Introducing Vegan Meat Products
Market Growth Drivers:
Increasing Vegan Population across the World and Rise In Awareness about the Health Benefits of Vegan Meat over Animal Meat
Challenges:
Lack of Nutrients as Compared to Animal Meat and Concern Related to Perception of Taste
Restraints:
Issue Related to the Population Allergic to Vegan Meat Sources Such as Soy and Wheat
Opportunities:
Growth in Government Initiatives Along With Significant Investments and Vegan Meat as an Alternative Solution to Meet the Extremely Growing Demand for Animal Meat Products
The Vegan Meat market study is being classified by Type (Tofu, Tempeh, Textured Vegetable Protein, Seitan, Quorn and Others), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Vegan Meat market throughout the predicted period.
Amy's Kitchen (United States), Impossible Foods (United States), Garden Protein International (United States), Beyond Meat (United States), Plamil Foods (United Kingdom), Tofutti Brands (United States), WhiteWave Foods (United States), Annie's Homegrown (United States), Barbara's Bakery (United States) and Dr. McDougall's Right Foods (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Edward & Sons Trading Company (United States) and Galaxy Nutritional Foods (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Vegan Meat market by Type, Application and Region.
On the basis of geography, the market of Vegan Meat has been segmented into 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).
On March 2019, the company named Impossible Foods launched its plant-based meat, with a variety of dishes available at eight restaurants throughout Singapore. The motive behind the launch was to expand its global reach.
In 2011, the European legislator mandated the European Commission to issue an implementing act that sets out which foods are suitable for vegans and vegetarians (Regulation (EU) No 1169/2011)
Key Target Audience
Vegan Meat Manufacturers, Raw Material Suppliers, Traders/Distributors, Government Bodies, Plant-based Food Associations and Others
Vegan Meat Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Vegan Meat Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Vegan Meat industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.