Meat analogue or meat substitutes are no less than plant-based meat. They include the appearance, texture, and aesthetics of the real meat. These food products are based on chemical properties of the real meat. The meat substitutes generally include soybeans like gluten, tofu, or peas. These substitutes have several benefits that include rich fiber source, low saturated fat content for food safety, improved environment outcomes, and dietary diversity. Consumers who recently shifted to less content of meat or who are willing to intake lesser quantity of meat can prefer consuming these kinds of meat substitutes. They have good flavor of veggies, soybeans or whole grams and are increasingly gaining acceptance from consumers across the globe.
Market Industry Reports (MIR) has published a new report titled "Meat Substitutes Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the Global Meat Substitutes Market is estimated to be over US$ 5 Billion in 2019. It is anticipated to grow at a CAGR of 6.5% from 2019 to 2030.Major Key Players of the Meat Substitutes Market are:
Beyond Meat, Amy's Kitchen, Quorn Foods, Morningstar Farms, Gardein Protein International, Maple Leaf Foods., Impossible Food Inc. VBites Foods Limited, Tofurky, Dr. Praeger's Sensible Foods and others.
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