Gluten-free Meat Substitutes Market

Gluten-free Meat Substitutes Market by Source (Soy-based and Mycoprotein), Category (Frozen Meat and Unfrozen Meat), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-2238
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 190
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global gluten-free meat substitute market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing consumer awareness of the side effects of meat consumption, such as increased risk of all-cause mortality in men and women, cardiovascular disease, colon cancer, and diabetes.

Gluten-free Meat Substitutes Market key takeaways

Meat substitutes, also known as meat analogs, are healthy foods and are introduced as alternative to meat and have similar chemical and aesthetic properties, such as the appearance, taste, aroma, and texture. Due to prevalence of animal diseases, the shortage of animal protein around the world and increasing demand for vegan food, the consumption of plant protein in food has increased. Meat substitutes usually have certain aesthetic qualities, such as the chemical properties of certain types of meat.

The introduction of gluten-free meat substitutes is to reduce the meat consumption for geriatric population. The meat substitute market does not include vegetarians, but also includes non-vegetarians who want to reduce meat consumption. The nutritional value of meat is determined by the biological value of essential nutrients.

The Covid-19 pandemic affected the demand and supply of global gluten-free meat substitute market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising disposable income and adoption of meat substitutes is projected to boost the market during the forecast period.
  • Rapid growth of the food industry is likely to create demand for meat substitutes for vegan dietary people are major factors fueling the market.
  • Increasing geriatric population and health concerns is anticipated to drive the market during the forecast period.
  • High cost of frozen meat substitutes and allergy concerns due to consumption of meat substitutes is expected to restrict the market growth.
  • Lack of awareness among people about the availability of meat substitutes act as major factors that can hamper the market growth during the forecast period.
  • R&D investment and technological advancement in extrusion process and development of meat substitute products is projected to offer significant opportunities for the market players.

Scope of the Report

The report on the global gluten-free meat substitute market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Gluten-free Meat Substitutes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Source (Soy-based and Mycoprotein), and Category (Frozen Meat and Unfrozen Meat)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Kellogg Company; General Mills incorporation; Nasoya Foods USA, LLC; Conagra Brands, Incorporation; and The Hain Celestial Group, Incorporation

 

Market Segment Insights

The soy-based segment is projected to hold a major market share

Based on source, the gluten-free meat substitutes market is bifurcated into soy-based and mycoprotein. The soy-based segment is expected to represent a key share of the market during the forecast period owing to consumer preference for healthier foods has led to demand for vegetarian and vegan foods, such as soy products containing tofu, tempeh, and organized vegetable protein (TVP). Soybean ingredients have become the main source of meat substitutes due to their availability, production economy, and good organoleptic properties. In addition, these ingredients provide a high-quality, complete source of protein, which contains all essential amino acids. It is expected that advanced processing technology will lead to the development of soy concentrate and soy protein isolate, which are very similar in organs to animal-derived meat products.

Gluten-free Meat Substitutes Market by Sources

The frozen segment is expected to grow at a significant pace

On the basis of category, the gluten-free meat substitutes market is bifurcated into frozen and unfrozen. The frozen segment is expected to represent a key share of the market during forecast period owing to increasing popularity of products such as TVP (a dehydrated high-protein product), it is expected that frozen meat substitutes will occupy the major share of the meat substitute market due to the long shelf life of foods such as gold nuggets, pizzas, strips, and other similar foods.

North America is anticipated to dominate the market

On the basis of regions, the gluten-free meat substitutes market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. Food outlet chains are cooperating by providing meat-free burgers as the food chains are the first to use meat substitutes at the molecular level, protein, and phytonutrients.

Gluten-free Meat Substitutes Market by Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gluten-free Meat Substitutes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Gluten-free Meat Substitutes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Gluten-free Meat Substitutes Market - Supply Chain
  4.5. Global Gluten-free Meat Substitutes Market Forecast
     4.5.1. Gluten-free Meat Substitutes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Gluten-free Meat Substitutes Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Gluten-free Meat Substitutes Market Absolute $ Opportunity
5. Global Gluten-free Meat Substitutes Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Gluten-free Meat Substitutes Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Gluten-free Meat Substitutes Demand Share Forecast, 2019-2026
6. North America Gluten-free Meat Substitutes Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Gluten-free Meat Substitutes Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Gluten-free Meat Substitutes Demand Share Forecast, 2019-2026
7. Latin America Gluten-free Meat Substitutes Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Gluten-free Meat Substitutes Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Gluten-free Meat Substitutes Demand Share Forecast, 2019-2026
8. Europe Gluten-free Meat Substitutes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Gluten-free Meat Substitutes Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Gluten-free Meat Substitutes Demand Share Forecast, 2019-2026
9. Asia Pacific Gluten-free Meat Substitutes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Gluten-free Meat Substitutes Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Gluten-free Meat Substitutes Demand Share Forecast, 2019-2026
10. Middle East & Africa Gluten-free Meat Substitutes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Gluten-free Meat Substitutes Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Gluten-free Meat Substitutes Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Gluten-free Meat Substitutes Market: Market Share Analysis
  11.2. Gluten-free Meat Substitutes Distributors and Customers
  11.3. Gluten-free Meat Substitutes Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Kellogg Company
     11.4.2. General Mills Incorporation
     11.4.3. Nasoya Foods USA, LLC
     11.4.4. Conagra Brands, Incorporation
     11.4.5. The Hain Celestial Group, Incorporation

Segments Covered in the Report
The global gluten-free meat substitutes market has been segmented on the basis of

Sources

  • Soy-based
  • Mycoprotein

Category

  • Frozen Meat Substitutes
  • Unfrozen Meat Substitutes

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Kellogg Company
  • General Mills Incorporation
  • Nasoya Foods USA, LLC
  • Conagra Brands, Incorporation
  • The Hain Celestial Group, Incorporation

Key players competing in the gluten-free meat substitutes market include Kellogg Company; General Mills incorporation; Nasoya Foods USA, LLC; Conagra Brands, Incorporation; and The Hain Celestial Group, Incorporation.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Gluten-free Meat Substitutes Market by Key Players

Buy Report