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Pulished Date July, 2020
ID: 9938
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Asia Pacific Meat Substitutes Market Segmented by Product Type (Tofu-based, Seitan-based, TVP-based, Quorn-based, Tempeh-based, and Others), Source (Wheat, Soy, and Mycoprotein), Category (Refrigerated, Frozen, and Shelf-Stable) By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Size, Share, Trends, Growth, Forecast (2020 – 2025)

Pulished: July, 2020
ID: 9938
Pages: 135

Asia Pacific Meat Substitutes Market Growth and Forecast (2020-2025):

The Asia Pacific Meat Substitutes Market size was assessed at USD xx billion in 2020, and it is determined to reach a valuation of USD xx billion by 2025 at a notable CAGR over the conjecture period. Changing way of life has gotten one of the central point's driving the development of the Asia Pacific meat substitutes market.

Market Overview:

Meat substitutes are perhaps the best source to effortlessly keep up every day nourishment and protein levels. Some normal meat substitutes are seeds, soy items, milk, grains, eggs and others. Meat substitutes incorporate a wide assortment of items obtained from plant-based and other natural sources. This incorporates tofu, tempeh, Quorn, seitan and different fixings, for example, pea, lentils, and rice. These items have comparative shading, enhancing and appearance; be that as it may, these items are a lot more beneficial when compared with meat. These items contain amino corrosive, which is one of fundamental wellspring of protein. With expanding consciousness of individuals' wellbeing, changes in diet designs, the ongoing episode of creature ailments and the requirement for meat substitution because of meat utilization, the meat substitutes business is relied upon to observe a critical development around there. With high development rates, this business is relied upon to succeed on different landmasses and different classifications.

Recent Developments in Asia Pacific Meat Substitutes Industry:

  • In 2017, Campbell Soup Company completed the purchase of Oregon LLC’s Pacific Foods for USD 700 million. The acquisition is expected to help strengthen Campbell's health and wellness portfolio as natural and organic categories increase.

Asia Pacific Meat Substitutes Market Growth:

Developing mindfulness about wellbeing and diet among the populace around the Asia Pacific is expanding growth potential for meat substitutes market.

Drivers:

Rising natural concerns and awareness with respect to the medical advantages of meat alternatives are the central point driving the Asia Pacific Meat substitutes market. Developing inclination toward vegetarian diet attributable to a few medical advantages and natural concerns is the central point driving the Asia Pacific market. Therefore, makers are finding a way to create prevalent items and improve their item portfolio to take into account the developing interest. Rising areas, for example, Asia Pacific are relied upon to offer enormous development open doors for the meat substitutes market. The market is principally determined by the expanding interest for plant-based meat items among the twenty to thirty-year old. In this way, individuals are presently turning towards plant-based items. Non-Meat food that contains all the right amino corrosive could give different medical advantages. Changing way of life has gotten one of the central point's driving the development of the meat substitute market. The meat substitute items could give positive effect on the earth too. They could diminish danger of elevated cholesterol, diabetes, weight, hypertension and other destructive maladies, which could be obtained by eating unfortunate nourishments. Ordinary utilization of meat causes cardiovascular ailment, corpulence, atherosclerosis, diabetes, osteoporosis and malignant growth. Purchasers are inclining towards wellbeing and health nowadays. This prompts a decrease in the utilization of meat wealthy in protein, which is likely to quicken business development. Meat creation organizations occupied with such items are currently entering the market for meat substitution creation. Market development is supposed to grow as concerns increment over the unfriendly impacts on creature government assistance and nature of the meat business.

As medical issues in developed nations’ increment, the quantity of shoppers who lean toward vegan nourishments is required to increment, giving a good chance to the market to dispatch inventive meat substitution items in the coming years. The veggie lover diet is high in sugars, making it appropriate for competitors' preparation plans. Veggie lover proteins incorporate quinoa, high-protein pasta, earthy colored rice, tofu, soy milk, nuts, tempeh, beans, and peas. Veggie lover nourishments are wealthy in specific supplements, help control weight, forestall particular kinds of malignant growth, diminish the danger of coronary illness, and lessen different torment brought about by joint pain. With a developing attention to the medical advantages related with expending meat substitutes, most competitors are presently going to veganism. Creation of meat could bring about contamination such as Green House Gases while delivering Meat. What's more, fast advancement of the food administration businesses and alluring showcasing and limited time procedures of organizations for vegetarianism have emphatically affected the development of the Asia Pacific meat substitutes market. Increment in occurrence of such issue supports wellbeing and wellness cognizance among customers, which, thus, is foreseen to drive the Asia Pacific meat substitutes market. Ascend in wellbeing worries in created nations has expanded the quantity of purchasers inclining toward vegan food, which is anticipated to give worthwhile options to advertise players for propelling inventive meat substitute items in the coming years.

Restraints:

Reliable increment in the quantity of creative, low-cholesterol meat item dispatches, for example, lean meats in developed nationslimit the development of the APAC meat substitute market. Due to the high preparing costs related with the creation of meat substitutes contrasted with common meat, the cost of meat substitutes, for example, tofu, tempeh and other protein substitutes has expanded, which is likely to hamper advertise development.

Asia Pacific Meat Substitutes Market Segmentation Analysis:

By product Type:

  • Tofu-based 
  • Seitan-based
  • TVP-based  
  • Quorn-based         
  • Tempeh-based      

By Source:

  • Wheat
  • Soy    
  • Mycoprotein

By Category:

  • Frozen        
  • Refrigerated 
  • Shelf-Stable 

Regional Analysis:

Asia Pacific's development is credited to the expanding consciousness of individuals about sound dietary propensities. The key variables driving development in the Asia Pacific area are the requirement for medical advantages, creature government assistance, condition security, cost reasonableness, and the developing assortment of plant-based meat items. In addition, the expansion in the quantity of new businesses in Asian nations, for example, India, Japan, and China is likewise further moving business sector development. The Asia-Pacific market offers several development options for the leading as well as new players. Increment in appropriation of western way of life and ascend in discretionary cashflow of shoppers significantly drive the meat substitute market development. This region further offers potential development chances to showcase players for propelling creative meat substitute items. The mindfulness made through worldwide government assistance associations, for example, PETA, has prompted individuals considering a without meat diet. Non-meat-based suppers are as of now famous in Asia, with tofu utilized broadly in Asian cooking styles and bean-based congees generally devoured in nations, for example, China.

Key Players in the Market:

Major key Players in the APAC Meat Substitutes Market are

  • Archer Daniels Midland Company         
  • DuPont                 
  • Kerry Group          
  • Ingredion Inc         
  • Sotexpro S.A         
  • Roquette Frères               
  • Puris           
  • CHS Inc                 
  • Suedzucker           
  • Cargill Inc              

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Meat Substitutes Market, By Product Type         

                   6.1.1 Tofu-based  

                   6.1.2 Seitan-based

                   6.1.3 TVP-based   

                   6.1.4 Quorn-based

                   6.1.5 Tempeh-based       

                   6.1.6 Market Size Estimations & Forecasts (2020-2025)   

                   6.1.7 Y-o-Y Growth Rate Analysis       

                   6.1.8 Market Attractiveness Index       

          6.2 Meat Substitutes Market, By Source         

                   6.2.1 Wheat

                   6.2.2 Soy    

                   6.2.3 Mycoprotein 

                   6.2.4 Market Size Estimations & Forecasts (2020-2025)   

                   6.2.5 Y-o-Y Growth Rate Analysis       

                   6.2.6 Market Attractiveness Index       

          6.3 Meat Substitutes Market, By Category               

                   6.3.1 Frozen

                   6.3.2 Refrigerated 

                   6.3.3 Shelf-Stable 

                   6.3.4 Market Size Estimations & Forecasts (2020-2025)   

                   6.3.5 Y-o-Y Growth Rate Analysis       

                   6.3.6 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 Asia Pacific - Market Analysis (2020 - 2025)              

                   7.2.1 By Country   

                             7.2.1.1 China

                             7.2.1.2 India

                             7.2.1.3 Japan

                             7.2.1.4 South Korea

                             7.2.1.5 South East Asia

                             7.2.1.6 Australia & NZ

                             7.2.1.7 Rest of Asia-Pacific

                   7.2.2 By Product Type     

                   7.2.3 By Source     

                   7.2.4 By Category  

8. Key Player Analysis                         

          8.1 Archer Daniels Midland Company             

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 DuPont           

          8.3 Kerry Group              

          8.4 Ingredion Inc             

          8.5 Sotexpro S.A             

          8.6 Roquette Frères                  

          8.7 Puris               

          8.8 CHS Inc           

          8.9 Suedzucker               

          8.10 Cargill Inc               

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Product Type, Source, Category and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

 

  1. Asia Pacific Meat Substitutes Market By Product Type, From 2020-2025 ( USD Billion )
  2. Asia Pacific Tofu-based Market By Region, From 2020-2025 ( USD Billion )
  3. Asia Pacific Seitan-based Market By Region, From 2020-2025 ( USD Billion )
  4. Asia Pacific TVP-based Market By Region, From 2020-2025 ( USD Billion )
  5. Asia Pacific Quorn-based Market By Region, From 2020-2025 ( USD Billion )
  6. Asia Pacific Tempeh-based Market By Region, From 2020-2025 ( USD Billion )
  7. Asia Pacific Meat Substitutes Market By Source, From 2020-2025 ( USD Billion )
  8. Asia Pacific Wheat Market By Region, From 2020-2025 ( USD Billion )
  9. Asia Pacific Soy Market By Region, From 2020-2025 ( USD Billion )
  10. Asia Pacific Mycoprotein Market By Region, From 2020-2025 ( USD Billion )
  11. Asia Pacific Meat Substitutes Market By Category, From 2020-2025 ( USD Billion )
  12. Asia Pacific Frozen Market By Region, From 2020-2025 ( USD Billion )
  13. Asia Pacific Refrigerated Market By Region, From 2020-2025 ( USD Billion )
  14. Asia Pacific Shelf-Stable Market By Region, From 2020-2025 ( USD Billion )
  15. Japan Meat Substitutes Market By Product Type, From 2020-2025 ( USD Billion )
  16. Japan Meat Substitutes Market By Source, From 2020-2025 ( USD Billion )
  17. Japan Meat Substitutes Market By Category, From 2020-2025 ( USD Billion )
  18. China Meat Substitutes Market By Product Type, From 2020-2025 ( USD Billion )
  19. China Meat Substitutes Market By Source, From 2020-2025 ( USD Billion )
  20. China Meat Substitutes Market By Category, From 2020-2025 ( USD Billion )
  21. India Meat Substitutes Market By Product Type, From 2020-2025 ( USD Billion )
  22. India Meat Substitutes Market By Source, From 2020-2025 ( USD Billion )
  23. India Meat Substitutes Market By Category, From 2020-2025 ( USD Billion )
  24. Australia Meat Substitutes Market By Product Type, From 2020-2025 ( USD Billion )
  25. Australia Meat Substitutes Market By Source, From 2020-2025 ( USD Billion )
  26. Australia Meat Substitutes Market By Category, From 2020-2025 ( USD Billion )
  27. South Korea Meat Substitutes Market By Product Type, From 2020-2025 ( USD Billion )
  28. South Korea Meat Substitutes Market By Source, From 2020-2025 ( USD Billion )
  29. South Korea Meat Substitutes Market By Category, From 2020-2025 ( USD Billion )

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