The report "Meat Substitutes Market by Type (Tofu & Tofu Ingredients, Tempeh, Textured
Vegetable Protein (TVP), Seitan, and Quorn), Source (Soy, Wheat, and Mycoprotein),
Category (Frozen, Refrigerated, and Shelf-Stable), and Region - Global Forecast to 2023", The
meat substitutes market is estimated at USD 4.63 Billion in 2018 and is projected to reach a
value of USD 6.43 Billion by 2023, at a CAGR of 6.8%. The market is driven by factors such as
rising health concerns (which include obesity and diabetes) due to consumption of meat
products. Also, due to the health benefits provided by meat substitute products, such as
weight loss and general wellbeing, the market for these products is projected to grow.
Furthermore, as the adoption level of meat substitutes by consumers is increasing, it helps
companies innovate and develop product lines for meat substitutes, which has further
contributed to the growth of the meat substitutes market.
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• 77 Market Data Tables
• 35 Figures
• 133 Pages Report and in-depth TOC on “Meat Substitutes Market“
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