LONDON--(BUSINESS WIRE)--The meat substitutes market is expected to register a CAGR of almost 16% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Due to the extensive spread of the virus across the globe, the Consumer Staples Industry is anticipated to have Positive impact. The meat substitutes market will showcase Positive impact during 2020-2024.
Meat Substitutes Market 2020-2024: Segmentation
Meat Substitutes Market is segmented as below:
-
Type
- Soy-based
- Wheat-based
- Mycoprotein-based
- Others
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
North America region will account for the highest incremental growth during the forecast period due to the continuous R&D and product development, and growth of private label brands.
With the surging growth of COVID-19 pandemic, the Consumer Staples market is anticipated to have a Direct impact during the forecast period. View market snapshot before purchasing
Continuous R&D and product development have been an instrumental factor in influencing the growth of meat substitutes market. Other market drivers include an increase in the number of people adopting the vegan lifestyle and a decline in global meat consumption. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID 19 market estimates
- Quarterly impact analysis and updates on market estimates
Get more insights about the global trends impacting the future of meat substitutes market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43310
Meat Substitutes Market 2020-2024: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Beyond Meat Inc., Ecozone UK Ltd., Gathered Foods Corp., Impossible Foods Inc., Maple Leaf Foods Inc., Monde Nissin Corp., The Kraft Heinz Co., The Tofurky Co. Inc., Tyson Foods Inc., and Unilever Group.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook
- Market size and forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Soy-based - Market size and forecast 2019-2024
- Wheat-based - Market size and forecast 2019-2024
- Mycoprotein-based - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Type
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
- Volume driver - Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Beyond Meat Inc.
- Ecozone UK Ltd.
- Gathered Foods Corp.
- Impossible Foods Inc.
- Maple Leaf Foods Inc.
- Monde Nissin Corp.
- The Kraft Heinz Co.
- The Tofurky Co. Inc.
- Tyson Foods Inc.
- Unilever Group
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
