Market Research Future (Food and Beverages) Global Meat Substitutes Market Research Report | Page 3

Global Meat Substitutes Market Research Report- Forecast to 2022 2 Market Overview Due to the large number of health benefits advantages with meat substitutes consumption, the market is growing at an incremental pace. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Meat Substitutes Market Research Report- Forecast to 2022 that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period. Rising population of vegan consumers and increasing awareness about health benefits obtained from meat substitutes have prompted the growth of the product in the global market. Rising campaigns on animal welfare have influenced the positive sale of meat alternatives among the vegan consumers. Health benefits gained out of meat substitutes consumption are the main drivers to the development of this segment. Growth of the functional foods manufactured out of plant-based products has also provided an impetus for the increased demand of this sector. Boost in fitness and wellness sector has enhanced the market growth trajectory of the sector to an elevated level. Shift in food consumption trend and rising veganism among consumers have led to consumers demanding meat substitutes to balance their nutritional requirements. However, food adulteration is one of the major reasons confining the growth of meat substitutes market. Intended Audience:       Meat Substitutes manufacturers Meat Substitutes Machinery manufacturers Vegetarian Food Industry Retailers, wholesalers E-commerce companies Traders, Importers and exporters Page | 3 Copyright © 2017 Market Research Future.