Research and Markets has added
Meat Substitutes Market - Global Forecast to 2020 to its database. The new report highlights how increasing awareness about health and wellness, health
concerns for pets and increasing environmental issues are driving growth for food made from tofu and tofu ingredients, textured vegetable protein (TVP), quorn - made from edible fungus, seitan - made from wheat gluten, fermented soybean products including miso, natto and tempeh, yaso - a sprouted soybean as well as products from lupini beans, pea-protein, risofu - made from rice, and valess - from milk protein and vegetable fibres.
The meat substitute
market is projected to grow at a CAGR of 6.4% between 2015 and 2020, to reach a value of US$5.17 billion. The tofu and tofu-ingredient segments are expected to be the largest in 2015. The Asia-Pacific region is projected to be the fastest-growing market
during the forecast period.
Companies discussed in the report include AMY's Kitchen, Beyond Meat,
Garden Protein International, MGP Ingredients, Meatless, Morningstar Farms, Quorn Foods, Sonic Biochem Extractions from India, Nisshin Ollio Group from Japan, and Vbites Foods.