LONDON--(BUSINESS WIRE)--The global seitan market size is poised to grow by USD 67.91 million during 2019-2023, according to a new report by Technavio, progressing at a CAGR of about 4% during the forecast period. Request Free Sample Pages
Read the 101-page research report with TOC on "Seitan Market Analysis Report by product (conventional seitan and organic seitan), and by region (the Americas, EMEA, and APAC).
The market is driven by the increasing number of fast-food outlets. Also, the growing demand for ready-to-eat products is anticipated to boost the growth of the seitan market.
Fast-food restaurants provide a congenial atmosphere for people to socialize with friends and families. Moreover, these fast-food restaurants serve various dishes that are made using seitan, which is a vegan substitute for meat. Some of these dishes are burgers, hotdogs, sandwiches, tacos, and salads. The increasing use of seitan by fast-food outlets is expected to drive the growth of the global seitan market during the forecast period.
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Major Five Seitan Companies:
LIMA
LIMA operates the business under various segments, which include breakfast cereals; cereal drinks, desserts and vegetable creamers; cereals; coffee replacements & tea; and others. The company offers seitan nature, seitan gourmet original, seitan gourmet grill, seitan-tofu bites, seitan surprise with pesto, and others.
Maya
Maya has business operations under two segments, namely seitan and tofu. The company offers seitan traditional, croc tomato, fritti, fritti curry, and fritti spicy. The company also provides tofu nature, atsu-age (fried tofu), smeerofu with garlic, and smaftofu nature.
Sweet Earth Foods
Sweet Earth Foods operates under various segments, such as pizza enlightenment, artisan entrée bowls, mini meals, seitan, and others. The company offers traditional slices, traditional strips, traditional grounds, chipotle grounds, chipotle strips, barbecue savory grounds, curry satay, and Tuscan savory grounds.
Upton’s Naturals
Upton’s Naturals an independently owned natural foods company with a focus on meat alternatives and vegan values. The company’s key offerings in the seitan market include Italian seitan, traditional seitan, ground seitan, bacon seitan, chick seitan, and chorizo seitan.
Wheaty
Wheaty operates under various categories, which include vegan slices, vegan kebabs, vegan sausages, vegan steaks, and snacks and sausages. The company offers multiple seitan varieties such as veganslices smoked, vegan sausage, red sausages, vegan seitan, medallions, and vegan BBQ mix.
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Seitan Product Outlook (Revenue, USD Million, 2019 - 2023)
- Conventional seitan
- Organic seitan
Seitan Regional Outlook (Revenue, USD Million, 2019 - 2023)
- Americas
- APAC
- EMEA
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