Market Overview:
The global artificial meat products market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for meat products, especially in developing countries, and the rising awareness about the health benefits of consuming artificial meat products. The global artificial meat products market can be segmented on the basis of type into meat products and meat substitutes. Meat substitutes are further sub-segmented into plant-based meats and cultured meats. The plant-based meats segment is expected to grow at a higher CAGR than that of cultured meats during the forecast period owing to factors such as increasing awareness about health benefits associated with consuming plant-based proteins and growing demand for vegetarian/vegan food options.
Product Definition:
Artificial meat products are food items that are made from processed animal tissue. These products can be used to replace traditional meat items in recipes, or they can be consumed as standalone snacks or meals.
The importance of artificial meat products lies in their potential to reduce the environmental impact of meat production. Traditional livestock farming is a major contributor to greenhouse gas emissions, and it also requires large amounts of land and water. Artificial meat products could help mitigate these impacts by providing an alternative source of protein that is more sustainable and environmentally friendly.
Meat Products:
Meat products, also known as meat by-products or animal by-products are the raw materials used for manufacturing artificial meat. The primary function of these products is to provide texture and flavor to the final product.
The global demand for meat has been rapidly increasing over the past few decades owing to factors such as population growth, rising disposable incomes and changing food consumption patterns among others.
Meat:
Meat is a culinary and economic term for animal muscle (red meat), skin, and/or offal. It can be fresh, frozen or canned. The main sources of meat are cattle, poultry (chicken & turkey), pork, sheep/goat and fish.
Application Insights:
The food application segment led the market in 2017 and is projected to continue its dominance over the forecast period. The growing demand for meat alternatives in developed countries including U.S., Germany, France, UK and China on account of increasing awareness towards health & wellness is expected to drive growth over the forecast period.
Retail was the second largest application segment accounted for a share of 26% in 2017 owing to rising consumer preference for convenience foods such as ready-to-eat meals and snacks that do not contain cholesterol or fat content higher than that of natural origin. Rising disposable income coupled with changing lifestyle has created lucrative opportunities across Asia Pacific which is expected to be dominated by Japan, China, India and Australia by 2030 due to rise in consumption of packaged foods among other factors driving growth across retail applications during future years of study.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to growing consumer awareness regarding artificial meat products, high purchasing power, and increasing demand from countries such as U.S., Canada, and Mexico.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rising disposable income levels coupled with changing food habits especially among millennials in developing countries such as China and India. Moreover, increased focus on animal welfare along with growing environmental concerns has led many companies involved in providing AIP products to shift their manufacturing facilities into these markets which will further boost growth prospects for this market space over next eight years till 2030 time frame.
Growth Factors:
- Increasing awareness about the health benefits of consuming artificial meat products over traditional meat products.
- Rising disposable income of consumers, especially in developing countries, which is resulting in an increase in demand for premium and luxury food items, including artificial meat products.
- Growing trend of veganism and vegetarianism across the globe is aiding the growth of the artificial meat market as these products are generally consumed by vegans and vegetarians.
- Proliferation of fast food chains that offer artificial meat-based menu items is contributing to the growth of this market as more people are becoming aware about these products and their benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Meat Products Market Research Report
By Type
Meat Products, Meat
By Application
Food, Retail
By Companies
Beyond Meat, Impossible Foods, Turtle Island Foods, Maple Leaf, Yves Veggie Cuisine, Nestle, Kellogg’s (Morningstar Farms), Omnifood, Qishan Foods, Hongchang Food, Sulian Food, Fuzhou Sutianxia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Meat Products Market Report Segments:
The global Artificial Meat Products market is segmented on the basis of:
Types
Meat Products, Meat
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Beyond Meat
- Impossible Foods
- Turtle Island Foods
- Maple Leaf
- Yves Veggie Cuisine
- Nestle
- Kellogg’s (Morningstar Farms)
- Omnifood
- Qishan Foods
- Hongchang Food
- Sulian Food
- Fuzhou Sutianxia
Highlights of The Artificial Meat Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meat Products
- Meat
- By Application:
- Food
- Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Meat Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial meat products are made from plant-based ingredients and typically do not contain animal products. They may be used as a replacement for traditional meat products in foods like burgers, sausages, and pies.
Some of the major companies in the artificial meat products market are Beyond Meat, Impossible Foods, Turtle Island Foods, Maple Leaf, Yves Veggie Cuisine, Nestle, Kellogg’s (Morningstar Farms), Omnifood, Qishan Foods, Hongchang Food, Sulian Food, Fuzhou Sutianxia.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Meat Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Meat Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Meat Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Meat Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Meat Products Market Size & Forecast, 2020-2028
4.5.1 Artificial Meat Products Market Size and Y-o-Y Growth
4.5.2 Artificial Meat Products Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Meat Products
5.2.2 Meat
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Meat Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Meat Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Meat Products
9.6.2 Meat
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Meat Products
10.6.2 Meat
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Meat Products
11.6.2 Meat
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Meat Products
12.6.2 Meat
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Meat Products
13.6.2 Meat
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Meat Products Market: Competitive Dashboard
14.2 Global Artificial Meat Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beyond Meat
14.3.2 Impossible Foods
14.3.3 Turtle Island Foods
14.3.4 Maple Leaf
14.3.5 Yves Veggie Cuisine
14.3.6 Nestle
14.3.7 Kellogg’s (Morningstar Farms)
14.3.8 Omnifood
14.3.9 Qishan Foods
14.3.10 Hongchang Food
14.3.11 Sulian Food
14.3.12 Fuzhou Sutianxia
