1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 25
1.3 STUDY SCOPE 25
FIGURE 1 MARKET SEGMENTATION 25
1.3.1 INCLUSIONS AND EXCLUSIONS 25
1.4 REGIONS COVERED 26
1.5 PERIODIZATION CONSIDERED 26
1.6 CURRENCY CONSIDERED 27
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2020 27
1.7 VOLUME UNITS CONSIDERED 27
1.8 STAKEHOLDERS 28
1.9 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 2 MEAT SUBSTITUTES MARKET: RESEARCH DESIGN 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Key data from secondary sources 30
2.1.2 PRIMARY DATA 30
2.1.2.1 Key data from primary sources 31
2.1.2.2 Breakdown of primaries 31
2.1.2.3 Key primary insights 32
2.2 MARKET SIZE ESTIMATION 33
2.2.1 APPROACH ONE – BOTTOM-UP (BASED ON SOURCES, BY REGION) 33
2.2.2 APPROACH TWO – TOP-DOWN (BASED ON THE GLOBAL MARKET) 34
2.3 DATA TRIANGULATION 35
FIGURE 3 DATA TRIANGULATION METHODOLOGY 35
2.4 ASSUMPTIONS FOR THE STUDY 36
2.5 LIMITATIONS AND RISK ASSESSMENT OF THE STUDY 37
2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19 37
2.6.1 OPTIMISTIC SCENARIO 37
2.6.2 REALISTIC & PESSIMISTIC SCENARIO 37
2.6.3 SCENARIO-BASED MODELLING 38
2.7 COVID-19 HEALTH ASSESSMENT 38
FIGURE 4 COVID-19: GLOBAL PROPAGATION 38
FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES 39
2.8 COVID-19 ECONOMIC ASSESSMENT 40
FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 40
2.8.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 41
FIGURE 7 CRITERIA IMPACTING THE GLOBAL ECONOMY 41
FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 42
3 EXECUTIVE SUMMARY 44
TABLE 2 MEAT SUBSTITUTES MARKET SNAPSHOT, 2021 VS. 2027 45
FIGURE 9 IMPACT OF COVID-19 ON THE MEAT SUBSTITUTES MARKET SIZE,
BY SCENARIO, 2020 VS. 2021 (USD MILLION) 46
FIGURE 10 MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021 VS. 2027 (USD MILLION) 47
FIGURE 11 MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021 VS. 2027 (USD MILLION) 47
FIGURE 12 MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2021 VS. 2027 (USD MILLION) 48
FIGURE 13 MEAT SUBSTITUTES MARKET SIZE, BY FORM, 2021 VS. 2027 (USD MILLION) 48
FIGURE 14 MEAT SUBSTITUTES MARKET SHARE (VALUE), BY REGION, 2020 49
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES IN THE MEAT SUBSTITUTES MARKET 50
FIGURE 15 INCREASING INVESTMENTS IN PLANT-BASED PROTEIN INGREDIENTS TO PROPEL THE MARKET 50
4.2 NORTH AMERICA: MEAT SUBSTITUTES MARKET, BY TYPE & COUNTRY 51
FIGURE 16 TEXTURED SEGMENT AND THE UNITED STATES TO ACCOUNT FOR THE LARGEST SHARES IN THE NORTH AMERICAN MARKET IN 2020 51
4.3 MEAT SUBSTITUTES MARKET, BY PRODUCT 51
FIGURE 17 TOFU SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 51
4.4 MEAT SUBSTITUTES MARKET, BY SOURCE & REGION 52
FIGURE 18 NORTH AMERICA TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 52
4.5 MEAT SUBSTITUTES MARKET, BY TYPE 53
FIGURE 19 TEXTURED SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 53
4.6 MEAT SUBSTITUTES MARKET, BY FORM 53
FIGURE 20 SOLID SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 53
FIGURE 21 COVID-19 IMPACT ON THE MEAT SUBSTITUTES MARKET: COMPARISON OF PRE- AND POST-COVID-19 SCENARIOS 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
5.2 MARKET DYNAMICS 55
FIGURE 22 MEAT SUBSTITUTES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 56
5.2.1 DRIVERS 56
5.2.1.1 Rising adoption of plant-based food 56
5.2.1.1.1 Increasing vegan & flexitarian population across the world 56
FIGURE 23 UNITED KINGDOM: VEGAN POPULATION, 2014–2018 57
FIGURE 24 FASTEST-GROWING TAKEAWAY CUISINES IN UNITED KINGDOM (2016–2019) 57
5.2.1.1.2 Increasing obesity globally 58
FIGURE 25 NUMBER OF OBESE POPULATION, BY COUNTRY, 2019 58
5.2.1.2 Increasing investments in plant-based protein ingredients 58
TABLE 3 INVESTMENTS: MEAT SUBSTITUTE INGREDIENT MANUFACTURERS 59
5.2.1.3 Increasing inclination for pea protein ingredients 59
5.2.2 RESTRAINTS 59
5.2.2.1 Rising market of cultured meat and insect protein 59
5.2.2.2 Allergy concerns among consumers for soy and wheat products 60
5.2.3 OPPORTUNITIES 60
5.2.3.1 Emerging markets illustrate the great potential for meat substitutes 60
5.2.3.2 Increasing government initiatives 61
5.2.3.3 Technological advancements in extrusion and processing 61
5.2.4 CHALLENGES 61
5.2.4.1 Pricing pressure 61
5.2.4.2 Perception of taste 62
5.2.5 COVID-19 IMPACT ANALYSIS: (MARKET DYNAMICS) 62
6 INDUSTRY TRENDS 63
6.1 INTRODUCTION 63
6.2 VALUE CHAIN 63
6.2.1 RESEARCH & DEVELOPMENT 63
6.2.2 RAW MATERIAL SOURCING 63
6.2.3 PRODUCTION AND PROCESSING 63
6.2.4 PACKAGING 64
6.2.5 MARKETING & DISTRIBUTION 64
6.2.6 END-USE INDUSTRY 64
FIGURE 26 VALUE CHAIN ANALYSIS OF THE MEAT SUBSTITUTES MARKET: RESEARCH & DEVELOPMENT AND RAW MATERIAL SOURCING ARE KEY CONTRIBUTORS 64
6.3 SUPPLY CHAIN ANALYSIS 65
FIGURE 27 SUPPLY CHAIN ANALYSIS OF THE MEAT SUBSTITUTES MARKET 65
6.4 TECHNOLOGY ANALYSIS 66
6.4.1 EXTRUSION TECHNOLOGY 66
6.4.2 EXTRUDABLE FAT TECHNOLOGY 66
6.5 PRICING ANALYSIS: THE MEAT SUBSTITUTES MARKET 67
TABLE 4 GLOBAL MEAT SUBSTITUTES AVERAGE SELLING PRICE (ASP), BY SOURCE, 2019–2021 (USD/TONS) 67
TABLE 5 GLOBAL MEAT SUBSTITUTES AVERAGE SELLING PRICE (ASP), BY REGION, 2019–2021 (USD/TONS) 67
6.6 MARKET MAP AND ECOSYSTEM MEAT SUBSTITUTES MARKET 68
6.6.1 DEMAND SIDE 68
6.6.2 SUPPLY SIDE 68
6.6.3 PLANT-BASED INGREDIENTS: ECOSYSTEM VIEW 68
6.6.4 MEAT SUBSTITUTES: MARKET MAP 69
TABLE 6 MEAT SUBSTITUTES MARKET: SUPPLY CHAIN (ECOSYSTEM) 69
6.7 TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS 70
FIGURE 28 YC-YCC SHIFT FOR THE MEAT SUBSTITUTES MARKET 70
6.8 PATENT ANALYSIS 71
FIGURE 29 NUMBER OF PATENTS GRANTED BETWEEN 2011 AND 2020 71
FIGURE 30 TOP TEN INVESTORS WITH THE HIGHEST NUMBER OF PATENT DOCUMENTS 71
FIGURE 31 TOP TEN APPLICANTS WITH THE HIGHEST NUMBER OF PATENT DOCUMENTS 72
TABLE 7 SOME OF THE PATENTS PERTAINING TO MEAT ALTERNATIVES, 2020–2021 72
6.9 TRADE ANALYSIS 73
6.9.1 SOYA BEANS 73
TABLE 8 TOP TEN IMPORTERS AND EXPORTERS OF SOYA BEANS, 2020 (KT) 73
6.9.2 WHEAT 74
TABLE 9 TOP TEN IMPORTERS AND EXPORTERS OF WHEAT, 2020 (KT) 74
6.9.3 PEA 74
TABLE 10 TOP TEN IMPORTERS AND EXPORTERS OF PEA, 2020 (KT) 74
6.10 PORTER’S FIVE FORCES ANALYSIS 75
TABLE 11 MEAT SUBSTITUTES MARKET: PORTER’S FIVE FORCES ANALYSIS 75
6.10.1 DEGREE OF COMPETITION 75
6.10.2 BARGAINING POWER OF SUPPLIERS 76
6.10.3 BARGAINING POWER OF BUYERS 76
6.10.4 THREAT OF SUBSTITUTES 76
6.10.5 THREAT OF NEW ENTRANTS 76
6.11 CASE STUDIES 77
6.11.1 GROWING DEMAND FOR MEAT ALTERNATIVES 77
6.11.2 INCREASING DEMAND FOR CLEAN LABEL PRODUCTS 77
6.12 REGULATIONS 77
6.12.1 INTRODUCTION 77
6.12.2 REGULATIONS, BY COUNTRY/REGION 77
6.12.2.1 United States 77
6.12.2.2 Canada 80
6.12.2.3 Europe 80
6.12.2.4 India 81
7 MEAT SUBSTITUTES MARKET, BY PRODUCT 83
7.1 INTRODUCTION 84
FIGURE 32 MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021 VS. 2027 (USD MILLION) 84
TABLE 12 MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT, 2017–2020 (USD MILLION) 85
TABLE 13 MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT, 2021–2027 (USD MILLION) 85
7.1.1 COVID-19 IMPACT ON MEAT SUBSTITUTES MARKET, BY PRODUCT 85
7.1.1.1 Optimistic scenario 86
TABLE 14 OPTIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT, 2019–2022 (USD MILLION) 86
7.1.1.2 Realistic scenario 86
TABLE 15 REALISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT, 2019–2022 (USD MILLION) 86
7.1.1.3 Pessimistic scenario 87
TABLE 16 PESSIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT, 2019–2022 (USD MILLION) 87
7.2 TOFU 87
7.2.1 TOFU HAS A MAJOR APPLICATION IN THE PRODUCTION OF PLANT-BASED BURGERS AND PATTIES 87
TABLE 17 TOFU: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 88
TABLE 18 TOFU: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 88
7.3 TEMPEH 88
7.3.1 INCREASING AWARENESS RELATED TO THE HEALTH BENEFITS ASSOCIATED WITH FERMENTED FOOD PRODUCTS TO BOOST THE DEMAND FOR TEMPEH 88
TABLE 19 TEMPEH: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 89
TABLE 20 TEMPEH: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 89
7.4 SEITAN 89
7.4.1 DENSE TEXTURE AND NEUTRAL FLAVOR MAKE SEITAN A POPULAR MEAT SUBSTITUTE 89
TABLE 21 SEITAN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 90
TABLE 22 SEITAN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 90
7.5 QUORN 90
7.5.1 VARIOUS HEALTH AND ENVIRONMENTAL BENEFITS PROVIDED BY QUORN TO DRIVE ITS DEMAND FOR MEAT SUBSTITUTES 90
TABLE 23 QUORN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD THOUSAND) 91
TABLE 24 QUORN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD THOUSAND) 91
7.6 OTHER PRODUCTS 91
7.6.1 VARIOUS HEALTH-RELATED BENEFITS OFFERED BY MEAT SUBSTITUTE PRODUCTS TO DRIVE THEIR DEMAND 91
TABLE 25 OTHER PRODUCTS: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 92
TABLE 26 OTHER PRODUCTS: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 92

8 MEAT SUBSTITUTES MARKET, BY SOURCE 93
8.1 INTRODUCTION 94
FIGURE 33 MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021 VS. 2027 (USD MILLION) 94
TABLE 27 MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION) 95
TABLE 28 MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (USD MILLION) 95
TABLE 29 MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (KT) 95
TABLE 30 MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (KT) 96
8.1.1 COVID-19 IMPACT ON MEAT SUBSTITUTES MARKET, BY SOURCE 96
8.1.1.1 Optimistic scenario 96
TABLE 31 OPTIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2019–2022 (USD MILLION) 96
8.1.1.2 Realistic scenario 97
TABLE 32 REALISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2019–2022 (USD MILLION) 97
8.1.1.3 Pessimistic scenario 97
TABLE 33 PESSIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2019–2022 (USD MILLION) 97
8.2 SOY PROTEIN 97
8.2.1 SOY PROTEIN IS PREFERRED BY MANUFACTURERS AS IT IMPARTS SIMILAR TEXTURE TO MEAT SUBSTITUTES AS TRADITIONAL MEAT 97
TABLE 34 SOY PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 98
TABLE 35 SOY PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 98
TABLE 36 SOY PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (KT) 99
TABLE 37 SOY PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (KT) 99
8.3 WHEAT PROTEIN 99
8.3.1 HIGH AVAILABILITY OF WHEAT AS A RAW MATERIAL IS ENCOURAGING MANUFACTURERS TO INCORPORATE IT IN THE PRODUCTION OF MEAT SUBSTITUTES 99
TABLE 38 WHEAT PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 100
TABLE 39 WHEAT PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 100
TABLE 40 WHEAT PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (KT) 100
TABLE 41 WHEAT PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (KT) 101
8.4 PEA PROTEIN 101
8.4.1 RISING INVESTMENT BY MANUFACTURERS TO BOOST THE DEMAND FOR
PEA PROTEIN 101
TABLE 42 PEA PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 102
TABLE 43 PEA PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 102
TABLE 44 PEA PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (KT) 102
TABLE 45 PEA PROTEIN: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (KT) 103
8.5 OTHER SOURCES 103
8.5.1 INCREASING DEMAND FOR PLANT-BASED PROTEINS AND ALTERNATIVES OF SOY PROTEIN TO DRIVE THE MARKET FOR OTHER SOURCES 103
TABLE 46 OTHER SOURCES: MEAT SUBSTITUTE MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 104
TABLE 47 OTHER SOURCES: MEAT SUBSTITUTE MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 104
TABLE 48 OTHER SOURCES: MEAT SUBSTITUTE MARKET SIZE, BY REGION,
2017–2020 (TONS) 104
TABLE 49 OTHER SOURCES: MEAT SUBSTITUTE MARKET SIZE, BY REGION,
2021–2027 (TONS) 105
9 MEAT SUBSTITUTES MARKET, BY TYPE 106
9.1 INTRODUCTION 107
FIGURE 34 MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2021 VS. 2027 (USD MILLION) 107
TABLE 50 MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 108
TABLE 51 MEAT SUBSTITUTES MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION) 108
9.1.1 COVID-19 IMPACT ON THE MEAT SUBSTITUTES MARKET, BY TYPE 108
9.1.1.1 Optimistic scenario 108
TABLE 52 OPTIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2019–2022 (USD MILLION) 109
9.1.1.2 Realistic scenario 109
TABLE 53 REALISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2019–2022 (USD MILLION) 109
9.1.1.3 Pessimistic scenario 109
TABLE 54 PESSIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2019–2022 (USD MILLION) 109
9.2 CONCENTRATES 110
9.2.1 LOWER PRICE OF CONCENTRATES TO BOOST ITS DEMAND IN THE MEAT SUBSTITUTES MARKET 110
TABLE 55 CONCENTRATES: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 56 CONCENTRATES: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 110
9.3 ISOLATES 111
9.3.1 ISOLATES ARE THE PUREST FORM OF PROTEIN AND A TYPE WITH THE HIGHEST AMOUNT OF PROTEIN 111
TABLE 57 ISOLATES: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 111
TABLE 58 ISOLATES: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 112
9.4 TEXTURED 112
9.4.1 TEXTURED PROTEIN TO WITNESS HIGH GROWTH DUE TO ITS RESEMBLANCE WITH CONVENTIONAL MEAT IN TERMS OF TEXTURE 112
TABLE 59 TEXTURED: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 113
TABLE 60 TEXTURED: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 113
10 MEAT SUBSTITUTES MARKET, BY FORM 114
10.1 INTRODUCTION 115
FIGURE 35 MEAT SUBSTITUTES MARKET SIZE, BY FORM, 2021 VS. 2027 (USD MILLION) 115
TABLE 61 MEAT SUBSTITUTES MARKET SIZE, BY FORM, 2017–2020 (USD MILLION) 115
TABLE 62 MEAT SUBSTITUTES MARKET SIZE, BY FORM, 2021–2027 (USD MILLION) 116
10.1.1 COVID-19 IMPACT ON THE MEAT SUBSTITUTES MARKET, BY FORM 116
10.1.1.1 Optimistic scenario 116
TABLE 63 OPTIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 116
10.1.1.2 Realistic scenario 117
TABLE 64 REALISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 117
10.1.1.3 Pessimistic scenario 117
TABLE 65 PESSIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY FORM, 2019–2022 (USD MILLION) 117
10.2 SOLID 117
10.2.1 SOLID FORM OF PROTEINS IS PREFERRED BECAUSE IT IS EASIER TO STORE AND HANDLE 117
TABLE 66 SOLID: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 118
TABLE 67 SOLID: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 118
10.3 LIQUID 118
10.3.1 DEMAND FOR LIQUID PLANT PROTEINS TO BE LOW IN THE FUTURE AS THEY DO NOT PROVIDE CONVENIENCE TO MANUFACTURERS 118
TABLE 68 LIQUID: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 119
TABLE 69 LIQUID: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2021–2027 (USD MILLION) 119
11 MEAT SUBSTITUTES MARKET, BY CATEGORY 120
11.1 INTRODUCTION 120
11.2 FROZEN 120
11.2.1 FREEZING MEAT SUBSTITUTES HELP IN PRESERVING THEIR NUTRITIONAL VALUE 120
11.3 REFRIGERATED 120
11.3.1 REFRIGERATED MEAT SUBSTITUTES ARE BEING PREFERRED BY CONSUMERS AS THEY ARE FRESHER AS COMPARED TO FROZEN PRODUCTS 120
11.4 SHELF STABLE 121
11.4.1 SHELF-STABLE MEAT ALTERNATIVES IS A CATEGORY EXPLORED
BY VARIOUS STARTUPS 121
12 MEAT SUBSTITUTES MARKET, BY REGION 122
12.1 INTRODUCTION 123
FIGURE 36 REGIONAL SNAPSHOT: GERMANY AND SINGAPORE TO ACCOUNT FOR THE HIGHEST CAGR IN THE MEAT SUBSTITUTES MARKET IN 2020 123
TABLE 70 MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 124
TABLE 71 MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2021–2027 (USD MILLION) 124
TABLE 72 MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2017–2020 (KT) 124
TABLE 73 MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2021–2027 (KT) 125
12.2 COVID-19 IMPACT ON THE MEAT SUBSTITUTES MARKET, BY REGION 125
12.2.1 OPTIMISTIC SCENARIO 125
TABLE 74 OPTIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 125
12.2.2 REALISTIC SCENARIO 126
TABLE 75 REALISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY REGION,
2019–2022 (USD MILLION) 126
12.2.3 PESSIMISTIC SCENARIO 126
TABLE 76 PESSIMISTIC SCENARIO: MEAT SUBSTITUTES MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 126
12.3 NORTH AMERICA 126
FIGURE 37 NORTH AMERICA: MEAT SUBSTITUTES MARKET SNAPSHOT 127
TABLE 77 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 128
TABLE 78 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION) 128
TABLE 79 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 128
TABLE 80 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 129
TABLE 81 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (KT) 129
TABLE 82 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (KT) 129
TABLE 83 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2017–2020 (USD MILLION) 130
TABLE 84 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021–2027 (USD MILLION) 130
TABLE 85 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 130
TABLE 86 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2021–2027 (USD MILLION) 131
TABLE 87 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 131
TABLE 88 NORTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION) 131
12.3.1 UNITED STATES 132
12.3.1.1 Shift of focus to pea protein by key players 132
12.3.1.2 Increasing veganism in the country 132
TABLE 89 UNITED STATES: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 132
TABLE 90 UNITED STATES: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 133
12.3.2 CANADA 133
12.3.2.1 High-growth potential with supporting government initiatives 133
12.3.2.2 Consumer shift toward plant-based protein products 133
TABLE 91 CANADA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 134
TABLE 92 CANADA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 134
12.3.3 MEXICO 134
12.3.3.1 An untapped market owing to the high prices of plant-based protein in the country 134
TABLE 93 MEXICO: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 135
TABLE 94 MEXICO: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 135
12.4 EUROPE 135
TABLE 95 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 136
TABLE 96 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION) 136
TABLE 97 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 137
TABLE 98 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 137
TABLE 99 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (KT) 137
TABLE 100 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (KT) 138
TABLE 101 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2017–2020 (USD MILLION) 138
TABLE 102 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021–2027 (USD MILLION) 138
TABLE 103 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 139
TABLE 104 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2021–2027 (USD MILLION) 139
TABLE 105 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 139
TABLE 106 EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION) 139

12.4.1 GERMANY 140
12.4.1.1 Rising trend of veganism and government support for the meat alternatives market to drive the market growth 140
TABLE 107 GERMANY: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 140
TABLE 108 GERMANY: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 141
12.4.2 UNITED KINGDOM 141
12.4.2.1 Entry of major players in the meat substitutes market to attract consumers 141
TABLE 109 UNITED KINGDOM: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 142
TABLE 110 UNITED KINGDOM: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 142
12.4.3 FRANCE 142
12.4.3.1 Awareness about the drawbacks of animal-based meat to shift the inclination of consumers toward plant-based meat 142
TABLE 111 FRANCE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 143
TABLE 112 FRANCE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 143
12.4.4 ITALY 143
12.4.4.1 Entry of key players in the Italian vegan market to drive the growth of meat substitutes 143
TABLE 113 ITALY: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 144
TABLE 114 ITALY: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 144
12.4.5 SPAIN 145
12.4.5.1 Production and promotion of plant-based meat by numerous companies to drive the growth of the meat substitutes market 145
TABLE 115 SPAIN: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 145
TABLE 116 SPAIN: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 145
12.4.6 NETHERLANDS 146
12.4.6.1 Market for meat substitutes in the country at an extremely nascent stage 146
TABLE 117 NETHERLANDS: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 146
TABLE 118 NETHERLANDS: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 146
12.4.7 REST OF EUROPE 147
TABLE 119 REST OF EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 147
TABLE 120 REST OF EUROPE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 147

12.5 ASIA PACIFIC 148
FIGURE 38 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SNAPSHOT 148
TABLE 121 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 149
TABLE 122 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION) 149
TABLE 123 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 149
TABLE 124 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 150
TABLE 125 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (KT) 150
TABLE 126 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (KT) 150
TABLE 127 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2017–2020 (USD MILLION) 151
TABLE 128 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021–2027 (USD MILLION) 151
TABLE 129 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 151
TABLE 130 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2021–2027 (USD MILLION) 152
TABLE 131 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 152
TABLE 132 ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION) 152
12.5.1 CHINA 152
12.5.1.1 Relatively fragmented market with multiple startups developing generic plant proteins 152
TABLE 133 CHINA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 153
TABLE 134 CHINA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 153
12.5.2 JAPAN 154
12.5.2.1 Inclination of Japanese consumers toward cultured meat products 154
TABLE 135 JAPAN: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 154
TABLE 136 JAPAN: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 154
12.5.3 SINGAPORE 155
12.5.3.1 Key players entering the market as consumers accepted meat substitute products 155
TABLE 137 SINGAPORE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 155
TABLE 138 SINGAPORE: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 156

12.5.4 AUSTRALIA & NEW ZEALAND 156
12.5.4.1 Health benefits offered by vegan meat attract consumers 156
TABLE 139 AUSTRALIA & NEW ZEALAND: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (USD THOUSAND) 157
TABLE 140 AUSTRALIA & NEW ZEALAND: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (USD THOUSAND) 157
12.5.5 REST OF ASIA PACIFIC 157
TABLE 141 REST OF ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION) 158
TABLE 142 REST OF ASIA PACIFIC: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (USD MILLION) 158
12.6 SOUTH AMERICA 158
TABLE 143 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 159
TABLE 144 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION) 159
TABLE 145 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 159
TABLE 146 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 160
TABLE 147 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (KT) 160
TABLE 148 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (KT) 160
TABLE 149 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2017–2020 (USD MILLION) 161
TABLE 150 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021–2027 (USD MILLION) 161
TABLE 151 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 161
TABLE 152 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2021–2027 (USD MILLION) 162
TABLE 153 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 162
TABLE 154 SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION) 162
12.6.1 BRAZIL 163
12.6.1.1 Increasing investments in plant-based meat by key players to remain high in this market 163
12.6.1.2 Rising consumer preference for plant-based proteins 163
TABLE 155 BRAZIL: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 163
TABLE 156 BRAZIL: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 164

12.6.2 ARGENTINA 164
12.6.2.1 Argentina to offer growth opportunities for meat alternative manufacturers 164
TABLE 157 ARGENTINA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD THOUSAND) 164
TABLE 158 ARGENTINA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD THOUSAND) 165
12.6.3 REST OF SOUTH AMERICA 165
TABLE 159 REST OF SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (USD THOUSAND) 165
TABLE 160 REST OF SOUTH AMERICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (USD THOUSAND) 166
12.7 REST OF THE WORLD 166
TABLE 161 ROW: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 166
TABLE 162 ROW: MEAT SUBSTITUTES MARKET SIZE, BY COUNTRY,
2021–2027 (USD MILLION) 167
TABLE 163 ROW: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 167
TABLE 164 ROW: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 167
TABLE 165 ROW: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (TON) 168
TABLE 166 ROW: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (TON) 168
TABLE 167 ROW: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2017–2020 (USD THOUSAND) 168
TABLE 168 ROW: MEAT SUBSTITUTES MARKET SIZE, BY PRODUCT,
2021–2027 (USD THOUSAND) 169
TABLE 169 ROW: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 169
TABLE 170 ROW: MEAT SUBSTITUTES MARKET SIZE, BY FORM,
2021–2027 (USD MILLION) 169
TABLE 171 ROW: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 170
TABLE 172 ROW: MEAT SUBSTITUTES MARKET SIZE, BY TYPE,
2021–2027 (USD MILLION) 170
12.7.1 UNITED ARAB EMIRATES 170
12.7.1.1 Increasing industrialization to lead to growth in the food industry 170
TABLE 173 UNITED ARAB EMIRATES: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2017–2020 (USD THOUSAND) 171
TABLE 174 UNITED ARAB EMIRATES: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE, 2021–2027 (USD THOUSAND) 171
12.7.2 SOUTH AFRICA 171
12.7.2.1 Introduction of affordable range of plant-based meat products by key players in South Africa 171
TABLE 175 SOUTH AFRICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 172
TABLE 176 SOUTH AFRICA: MEAT SUBSTITUTES MARKET SIZE, BY SOURCE,
2021–2027 (USD MILLION) 172
12.7.3 REST OF MIDDLE EAST & AFRICA 172
TABLE 177 REST OF MIDDLE EAST & AFRICA: MEAT SUBSTITUTES MARKET SIZE,
BY SOURCE, 2017–2020 (USD THOUSAND) 173
TABLE 178 REST OF MIDDLE EAST & AFRICA: MEAT SUBSTITUTES MARKET SIZE,
BY SOURCE, 2021–2027 (USD THOUSAND) 173
13 COMPETITIVE LANDSCAPE 174
13.1 OVERVIEW 174
13.2 MARKET SHARE ANALYSIS, 2020 174
TABLE 179 MEAT SUBSTITUTES MARKET SHARE ANALYSIS, 2020 175
13.3 REVENUE ANALYSIS OF KEY PLAYERS 175
FIGURE 39 REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET,
2018–2020 (USD BILLION) 175
13.4 COVID-19- SPECIFIC COMPANY RESPONSE 176
13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 177
13.5.1 STARS 177
13.5.2 PERVASIVE PLAYERS 177
13.5.3 EMERGING LEADERS 177
13.5.4 PARTICIPANTS 177
FIGURE 40 MEAT SUBSTITUTES MARKET, COMPANY EVALUATION QUADRANT,
2020 (OVERALL MARKET) 178
13.5.5 PRODUCT FOOTPRINT 178
TABLE 180 COMPANY FOOTPRINT, BY TYPE 178
TABLE 181 COMPANY FOOTPRINT, BY SOURCE 179
TABLE 182 COMPANY REGIONAL, BY FOOTPRINT 179
TABLE 183 OVERALL COMPANY FOOTPRINT 179
13.6 MEAT SUBSTITUTES MARKET, START-UP/SME EVALUATION QUADRANT, 2020 180
13.6.1 PROGRESSIVE COMPANIES 180
13.6.2 STARTING BLOCKS 180
13.6.3 RESPONSIVE COMPANIES 180
13.6.4 DYNAMIC COMPANIES 180
FIGURE 41 MEAT SUBSTITUTES MARKET: COMPANY EVALUATION QUADRANT, 2020 (START-UP/SMES) 181
13.7 COMPETITIVE SCENARIO 182
13.7.1 NEW PRODUCT LAUNCHES 182
TABLE 184 MEAT SUBSTITUTES MARKET: NEW PRODUCT LAUNCHES, 2019–2021 182
13.7.2 DEALS 183
TABLE 185 MEAT SUBSTITUTES MARKET: DEALS, 2019–2021 183
13.7.3 EXPANSIONS AND INVESTMENTS 184
TABLE 186 MEAT SUBSTITUTES MARKET: EXPANSIONS, 2018–2020 184

14 COMPANY PROFILES 185
14.1 KEY PLAYERS 185
(Business overview, Products offered, Recent Developments, MNM view)*
14.1.1 INGREDION INCORPORATED 185
TABLE 187 INGREDION INCORPORATED: BUSINESS OVERVIEW 185
FIGURE 42 INGREDION INCORPORATED: COMPANY SNAPSHOT 186
TABLE 188 INGREDION INCORPORATED: PRODUCTS OFFERED 186
TABLE 189 INGREDION INCORPORATED: NEW PRODUCT LAUNCHES 187
TABLE 190 INGREDION INCORPORATED: DEALS 187
TABLE 191 INGREDION INCORPORATED: OTHERS 188
14.1.2 ADM 189
TABLE 192 ADM: BUSINESS OVERVIEW 189
FIGURE 43 ADM: COMPANY SNAPSHOT 190
TABLE 193 ADM: PRODUCTS OFFERED 190
TABLE 194 ADM: DEALS 191
TABLE 195 ADM: OTHERS 191
14.1.3 DUPONT 193
TABLE 196 DUPONT: BUSINESS OVERVIEW 193
FIGURE 44 DUPONT: COMPANY SNAPSHOT 194
TABLE 197 DUPONT: PRODUCTS OFFERED 194
TABLE 198 DUPONT: NEW PRODUCT LAUNCHES 195
14.1.4 KERRY GROUP 196
TABLE 199 KERRY GROUP: BUSINESS OVERVIEW 196
FIGURE 45 KERRY GROUP: COMPANY SNAPSHOT 197
TABLE 200 KERRY GROUP: PRODUCTS OFFERED 197
TABLE 201 KERRY GROUP: DEALS 198
14.1.5 ROQUETTE FRÈRES 199
TABLE 202 ROQUETTE FRÈRES: BUSINESS OVERVIEW 199
TABLE 203 ROQUETTE FRÈRES: PRODUCTS OFFERED 200
TABLE 204 ROQUETTE FRÈRES: NEW PRODUCT LAUNCHES 200
14.1.6 THE NISSHIN OILLIO GROUP, LTD. 202
TABLE 205 THE NISSHIN OILLIO GROUP, LTD.: BUSINESS OVERVIEW 202
FIGURE 46 THE NISSHIN OILLIO GROUP, LTD.: COMPANY SNAPSHOT 202
TABLE 206 THE NISSHIN OILLIO GROUP, LTD.: PRODUCTS OFFERED 203
14.1.7 CARGILL 204
TABLE 207 CARGILL: BUSINESS OVERVIEW 204
FIGURE 47 CARGILL: COMPANY SNAPSHOT 204
TABLE 208 CARGILL: PRODUCTS OFFERED 205
TABLE 209 CARGILL: NEW PRODUCT LAUNCHES 205
TABLE 210 CARGILL: OTHERS 205
14.1.8 BATORY FOODS 206
TABLE 211 BATORY FOODS: BUSINESS OVERVIEW 206
TABLE 212 BATORY FOODS: PRODUCTS OFFERED 206
TABLE 213 BATORY FOODS: DEALS 207
14.1.9 WILMAR INTERNATIONAL LIMITED 208
TABLE 214 WILMAR INTERNATIONAL LIMITED: BUSINESS OVERVIEW 208
FIGURE 48 WILMAR INTERNATIONAL LIMITED: COMPANY SNAPSHOT 208
TABLE 215 WILMAR INTERNATIONAL LIMITED: PRODUCTS OFFERED 209
TABLE 216 WILMAR INTERNATIONAL LIMITED: OTHERS 209
14.1.10 CRESPEL & DEITERS 210
TABLE 217 CRESPEL & DEITERS: BUSINESS OVERVIEW 210
TABLE 218 CRESPEL & DEITERS: PRODUCTS OFFERED 210
14.2 START-UPS/SMES 212
14.2.1 A&B INGREDIENTS 212
TABLE 219 A&B INGREDIENTS: BUSINESS OVERVIEW 212
TABLE 220 A&B INGREDIENTS: PRODUCTS OFFERED 212
14.2.2 ALL ORGANIC TREASURES GMBH 213
TABLE 221 ALL ORGANIC TREASURES GMBH: BUSINESS OVERVIEW 213
TABLE 222 ALL ORGANIC TREASURES GMBH: PRODUCTS OFFERED 213
14.2.3 SONIC BIOCHEM LTD. 214
TABLE 223 SONIC BIOCHEM LTD.: BUSINESS OVERVIEW 214
TABLE 224 SONIC BIOCHEM LTD.: PRODUCTS OFFERED 214
14.2.4 PURIS 216
TABLE 225 PURIS: BUSINESS OVERVIEW 216
TABLE 226 PURIS: PRODUCTS OFFERED 216
14.2.5 SOTEXPRO S.A 217
14.2.6 AXIOM FOODS 217
14.2.7 THE GREEN LABS LLC 218
14.2.8 SHANDONG JIANYUAN GROUP 218
14.2.9 ET CHEM 219
14.2.10 BENEO 219
14.3 LONG LIST OF COMPANIES 220
Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.