Global Meat Substitutes Market Research Report 2017 tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Copper Strips market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Leading companies are Amy’s Kitchen, Archer Daniels Midland, Beyond Meat, Blue Chip Group, Field Roast, Gardein, MorningStar Farms, Kraft Heinz, Lightlife Foods, Cauldron Foods, Sweet Earth Foods, Tofurky, and Quorn.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Key questions answered in this report are what will the market size be in 2021 and what will the growth rate be? What are the key market trends?, What is driving this market?, What are the challenges to market growth?, Who are the key vendors in this market space?, What are the market opportunities and threats faced by the key vendors?, What are the strengths and weaknesses of the key vendors?
This report provides in-depth analysis of the Meat Substitutes and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2021, considering 2016 as the base year. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches, approvals, regional outlook, and competitive strategies adopted by the leading players. It profiles leading players in the global Meat Substitutes market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Key companies covered as a part of this study include. Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, market expansion, and marketing tactics. The global Meat Substitutes market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for Meat Substitutes equipment, government organizations, research and consulting firms, new entrants, and financial analysts. Various strategy matrices used in analyzing the Meat Substitutes market would provide stakeholders vital inputs to make strategic decisions accordingly.
Available complete report of this research with TOC and List of Figures at:
Commenting on the report, an analyst from MIR’s team said: “One trend in the market is immense potential for meat substitutes in APAC. The meat substitutes market in APAC is growing at the fastest rate. This growth is attributed primarily to the heightened awareness of the health hazards of meat.”
According to the report, one driver in the market is rising health consciousness among consumers. Meat substitutes are increasingly becoming popular due to the numerous health benefits that are associated with them. This is aiding the growth of the market by increasing the sales. Meat substitute is derived from different plant-based sources, soy being one of them. There has been an increase in awareness about the health benefits of soy among individuals, as soy-based meat substitutes have relatively less calories.
Further, the report states that one challenge in the market is relatively high price of meat substitutes. Plant-based food is good for one’s health, but not so much financially. There have been reports of consumer switching to meat substitutes due to the soaring prices of meat. Meat substitutes cost the same as meat, even expensive than meat sometimes. Meat substitutes like veggie beef burgers, veggie bacon, veggie hotdogs, and veggie chicken wings are retailed at much higher prices than actual meat products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.