Meat Substitutes Market Exploring Future Growth 2019-2030 and Key Players - Beyond Meat, Amy's Kitchen, Quorn Foods, Morningstar Farms
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. The significant growth of the meat substitutes market can be attributed to several factors such as nutritional value, minimal presence of calorific content, and similar texture & taste as compared to conventional meat products. People are embracing vegetarian diet for several reasons such as health benefits, concerns regarding animal welfare, religious beliefs, to avoid excessive use of environmental resources and simultaneously maintain balance. With growing concerns of health issues & rising incidences of chronic & lifestyle disorders like obesity & diabetes, people are becoming increasingly conscious regarding one's h...