The global mycoprotein meat substitute market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing demand for meat substitutes due to health and environmental concerns, and rising awareness about the benefits of plant-based protein sources. The global mycoprotein meat substitute market is segmented on the basis of type into frozen and refrigerated products; on the basis of application into supermarket, grocery store, and retail chain; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The refrigerated segment accounted for a share of over 50% in 2017 owing to its higher shelf life compared with frozen products.
Some Of The Growth Factors Of This Market:
- The global population is increasing and the demand for meat is expected to increase as well.
- The meat substitute market is growing due to the health benefits of a vegetarian diet, such as lower cholesterol levels and reduced risk of heart disease.
- Vegetarianism has been on the rise in recent years, with more people choosing to eat less or no meat at all for ethical reasons or because they are concerned about their health.
- There are many substitutes available that can be used in place of meat, such as tofu, tempeh, seitan and mycoprotein.
- Mycoprotein has been shown to have a high protein content and low fat content.
Industry Growth Insights published a new data on “Mycoprotein Meat Substitute Market”. The research report is titled “Mycoprotein Meat Substitute Market research by Types (Frozen, Refrigerated), By Applications (Supermarket, Grocery Store, Retail Chain, Others), By Players/Companies Archer Daniels Midland Company (ADM) (U.S.), E. I. du Pont de Nemours and Company (U.S.), The Nisshin OlliO Group Ltd. (Japan), Soic Biochem Extractions Ltd. (India), Garden Protein International Inc. (Canada), MGP Ingredients Inc. (U.S.), Beyond Meat Inc. (U.S.), Amy's Kitchen Inc. (U.S.), Quorn Foods (U.K.)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mycoprotein Meat Substitute Market Research Report
By Type
Frozen, Refrigerated
By Application
Supermarket, Grocery Store, Retail Chain, Others
By Companies
Archer Daniels Midland Company (ADM) (U.S.), E. I. du Pont de Nemours and Company (U.S.), The Nisshin OlliO Group Ltd. (Japan), Soic Biochem Extractions Ltd. (India), Garden Protein International Inc. (Canada), MGP Ingredients Inc. (U.S.), Beyond Meat Inc. (U.S.), Amy's Kitchen Inc. (U.S.), Quorn Foods (U.K.)
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Mycoprotein Meat Substitute Market Report Segments:
The global Mycoprotein Meat Substitute market is segmented on the basis of:
Types
Frozen, Refrigerated
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
Supermarket, Grocery Store, Retail Chain, Others
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:
- Archer Daniels Midland Company (ADM) (U.S.)
- E. I. du Pont de Nemours and Company (U.S.)
- The Nisshin OlliO Group Ltd. (Japan)
- Soic Biochem Extractions Ltd. (India)
- Garden Protein International Inc. (Canada)
- MGP Ingredients Inc. (U.S.)
- Beyond Meat Inc. (U.S.)
- Amy's Kitchen Inc. (U.S.)
- Quorn Foods (U.K.)
Highlights of The Mycoprotein Meat Substitute 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:
- Frozen
- Refrigerated
- By Application:
- Supermarket
- Grocery Store
- Retail Chain
- Others
- 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 Mycoprotein Meat Substitute 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.
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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?
Mycoprotein meat substitutes are products made from mycoprotein, a type of protein found in plants. These products can be used as replacements for meat in recipes or as an additive to foods.
Some of the key players operating in the mycoprotein meat substitute market are Archer Daniels Midland Company (ADM) (U.S.), E. I. du Pont de Nemours and Company (U.S.), The Nisshin OlliO Group Ltd. (Japan), Soic Biochem Extractions Ltd. (India), Garden Protein International Inc. (Canada), MGP Ingredients Inc. (U.S.), Beyond Meat Inc. (U.S.), Amy's Kitchen Inc. (U.S.), Quorn Foods (U.K.).
The mycoprotein meat substitute market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mycoprotein Meat Substitute Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mycoprotein Meat Substitute Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mycoprotein Meat Substitute Market - Supply Chain
4.5. Global Mycoprotein Meat Substitute Market Forecast
4.5.1. Mycoprotein Meat Substitute Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mycoprotein Meat Substitute Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mycoprotein Meat Substitute Market Absolute $ Opportunity
5. Global Mycoprotein Meat Substitute Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mycoprotein Meat Substitute Market Size and Volume Forecast by Type
5.3.1. Frozen
5.3.2. Refrigerated
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mycoprotein Meat Substitute Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mycoprotein Meat Substitute Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Grocery Store
6.3.3. Retail Chain
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mycoprotein Meat Substitute Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mycoprotein Meat Substitute Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mycoprotein Meat Substitute Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mycoprotein Meat Substitute Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mycoprotein Meat Substitute Demand Share Forecast, 2019-2026
9. North America Mycoprotein Meat Substitute Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mycoprotein Meat Substitute Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mycoprotein Meat Substitute Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Grocery Store
9.4.3. Retail Chain
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mycoprotein Meat Substitute Market Size and Volume Forecast by Type
9.7.1. Frozen
9.7.2. Refrigerated
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mycoprotein Meat Substitute Demand Share Forecast, 2019-2026
10. Latin America Mycoprotein Meat Substitute Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mycoprotein Meat Substitute Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mycoprotein Meat Substitute Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Grocery Store
10.4.3. Retail Chain
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mycoprotein Meat Substitute Market Size and Volume Forecast by Type
10.7.1. Frozen
10.7.2. Refrigerated
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mycoprotein Meat Substitute Demand Share Forecast, 2019-2026
11. Europe Mycoprotein Meat Substitute Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mycoprotein Meat Substitute Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mycoprotein Meat Substitute Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Grocery Store
11.4.3. Retail Chain
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mycoprotein Meat Substitute Market Size and Volume Forecast by Type
11.7.1. Frozen
11.7.2. Refrigerated
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mycoprotein Meat Substitute Demand Share, 2019-2026
12. Asia Pacific Mycoprotein Meat Substitute Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mycoprotein Meat Substitute Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mycoprotein Meat Substitute Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Grocery Store
12.4.3. Retail Chain
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mycoprotein Meat Substitute Market Size and Volume Forecast by Type
12.7.1. Frozen
12.7.2. Refrigerated
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mycoprotein Meat Substitute Demand Share, 2019-2026
13. Middle East & Africa Mycoprotein Meat Substitute Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mycoprotein Meat Substitute Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mycoprotein Meat Substitute Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Grocery Store
13.4.3. Retail Chain
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mycoprotein Meat Substitute Market Size and Volume Forecast by Type
13.7.1. Frozen
13.7.2. Refrigerated
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mycoprotein Meat Substitute Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mycoprotein Meat Substitute Market: Market Share Analysis
14.2. Mycoprotein Meat Substitute Distributors and Customers
14.3. Mycoprotein Meat Substitute Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Archer Daniels Midland Company (ADM) (U.S.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. E. I. du Pont de Nemours and Company (U.S.)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Nisshin OlliO Group Ltd. (Japan)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Soic Biochem Extractions Ltd. (India)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Garden Protein International Inc. (Canada)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MGP Ingredients Inc. (U.S.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Beyond Meat Inc. (U.S.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Amy's Kitchen Inc. (U.S.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Quorn Foods (U.K.)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook