NORTH AMERICA MEAT SUBSTITUTE MARKET FORECAST 2023-2032
KEY FINDINGS The North America meat substitute market is projected to grow with a CAGR of 12.45% during the estimated period of 2023 to 2032. The market growth of the region is fuelled by key driv... もっと見る
SummaryKEY FINDINGSThe North America meat substitute market is projected to grow with a CAGR of 12.45% during the estimated period of 2023 to 2032. The market growth of the region is fuelled by key drivers, such as the increasing population of health-conscious consumers, the surging demand for vegetarian as well as vegan food products, and the rise in health problems due to the growing rates of obesity. MARKET INSIGHTS The North America meat substitute market growth assessment comprises the evaluation of the United States and Canada. The meat substitute market in Canada is developing since a major proportion of the population prefers plant-based meat alternatives. The increase in meat alternatives consumption also plays an essential role in augmenting the country’s market growth, further giving rise to innovation as well as the launch of new products. On the other hand, key brands operating in Canada are predominantly concentrating on traditional product categories, such as burgers and poultry, on account of their easy entry point. Subsequently, they are expanding into other categories like hot dogs and deli meats. To meet the changing demand in protein consumption across Canada, traditional meat manufacturers are also providing their own plant-based protein products via brands such as Torfuky, Yves Veggie Cuisine, and others. Therefore, these factors are set to propel the North America meat substitute market growth during the forecast years. COMPETITIVE INSIGHTS Some of the leading firms operating in the market are DuPont, Cargill, Axiom Foods, etc. Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation caters to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments Table of ContentsTABLE OF CONTENTS1. RESEARCH SCOPE & METHODOLOGY 1.1. STUDY OBJECTIVES 1.2. SCOPE OF STUDY 1.3. METHODOLOGY 1.4. ASSUMPTIONS & LIMITATIONS 2. EXECUTIVE SUMMARY 2.1. MARKET SIZE & ESTIMATES 2.2. MARKET OVERVIEW 3. MARKET DYNAMICS 3.1. KEY DRIVERS 3.1.1. GROWING DEMAND FOR PLANT-BASED PROTEINS 3.1.2. RISING HEALTH CONSCIOUSNESS 3.1.3. INCREASING OBESE POPULATION 3.1.4. PRODUCT RESEARCH AND INNOVATIONS 3.2. KEY RESTRAINTS 3.2.1. DIVERSE AVAILABILITY OF SUBSTITUTES 3.2.2. HIGH COSTS 4. KEY ANALYTICS 4.1. IMPACT OF COVID-19 ON MEAT SUBSTITUTE MARKET 4.2. KEY MARKET TRENDS 4.3. PORTER’S FIVE FORCES ANALYSIS 4.3.1. BUYERS POWER 4.3.2. SUPPLIERS POWER 4.3.3. SUBSTITUTION 4.3.4. NEW ENTRANTS 4.3.5. INDUSTRY RIVALRY 4.4. OPPORTUNITY MATRIX 4.5. VENDOR LANDSCAPE 4.6. KEY BUYING CRITERIA 4.7. REGULATORY FRAMEWORK 5. MARKET BY PRODUCT TYPE 5.1. TOFU-BASED 5.2. TEMPEH-BASED 5.3. TVP-BASED 5.4. SEITAN-BASED 5.5. QUORN-BASED 5.6. OTHER PRODUCT TYPES 6. MARKET BY CATEGORY 6.1. FROZEN 6.2. REFRIGERATED 6.3. SHELF STABLE 7. MARKET BY SOURCE 7.1. SOY-BASED 7.2. WHEAT-BASED 7.3. MYCOPROTEIN 7.4. OTHER SOURCES 8. GEOGRAPHICAL ANALYSIS 8.1. NORTH AMERICA 8.1.1. MARKET SIZE & ESTIMATES 8.1.2. KEY GROWTH ENABLERS 8.1.3. KEY CHALLENGES 8.1.4. KEY PLAYERS 8.1.5. COUNTRY ANALYSIS 8.1.5.1. UNITED STATES 8.1.5.2. CANADA 9. COMPETITIVE LANDSCAPE 9.1. KEY STRATEGIC DEVELOPMENTS 9.1.1. MERGERS & ACQUISITIONS 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS 9.1.3. PARTNERSHIPS & AGREEMENTS 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES 9.2. COMPANY PROFILES 9.2.1. A&B INGREDIENTS 9.2.2. ADM 9.2.3. AXIOM FOODS 9.2.4. BENEO 9.2.5. CARGILL 9.2.6. CRESPEL AND DEITERS 9.2.7. DUPONT 9.2.8. INGREDION INCORPORATED 9.2.9. KERRY GROUP 9.2.10. PURIS 9.2.11. ROQUETTE FRERES 9.2.12. SHANDONG JIANYUAN GROUP 9.2.13. SONIC BIOCHEM LIMITED 9.2.14. THE NISSHIN OILLIO GROUP LTD 9.2.15. WILMAR INTERNATIONAL LIMITED
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