Meat Substitutes Market Research Report - 2023 Meat Substitutes Market | Page 4

Tofu & tofu ingredients segment accounted for the largest share of the meat substitutes market, by application, in 2017. On the basis of type, the tofu & tofu ingredients segment accounted for the largest share of the meat substitutes market in 2017, followed by textured vegetable protein segment. Meat substitutes such as tempeh and tofu are rich in proteins and minerals, since they are derived from soy; moreover, they have become a popular meat alternative among vegetarians and vegan consumers for their health benefits. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=979 Frozen meat substitutes accounted for the largest market share in 2017. On the basis of category, frozen meat substitute products accounted for the largest market share in 2017. The rise in demand for convenience foods, as a result of growing income levels of consumers, is one of the major factors driving the market for frozen meat substitutes.