Meat Substitutes Market Size, Share, Growth And Profitability Analysis Forecasts 2022 : Grand View Research Inc.
San Francisco, 12 March 2019: The Report Meat Substitutes Market Size, Share & Trends Analysis Report By Product (Tofu, Seitan, Tempeh, Quorn), By Raw Material (Soy-based, Wheat-based, Mycoprotein), By Region, And Segment Forecasts, 2012 – 2022 The global Meat Substitutes Market size is expected to reach USD 5.81 billion by 2022, according to a new report by Grand View Research, Inc. The market is expected to witness a healthy CAGR of 7.5% during the forecast period. Growing preference for vegan diet coupled with rising health awareness is expected to fuel market demand in the near future. Soy-based meat substitutes led the global market in the past. Wheat-based raw materials are expected to register the highest CAGR from 2015 to 2022, followed by mycoprotein and soy-based meat substitutes. Textured Vegetable Protein (TVP) is the most popular meat substitute, which led the market. However, wheat-based meat substitutes, such as seitan, are expected to experience the maximum C...