ALBANY, New York, July 12, 2018 /PRNewswire/ --
Transparency Market Research (TMR) delivers key insights on the global meat alternatives market in its upcoming outlook titled, "Meat Alternatives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026". In terms of value, the global meat alternatives market is projected to register a healthy CAGR of 6.1% during the forecast period due to various factors, regarding which TMR offers vital insights in detail.
The consumer shift towards social media and information technology has raised consumer awareness about how their food consumption habits impacts the environment. Animal cruelty and health issues have impacted the consumer buying behavior, especially in developed regions such as North America and Europe. This has also recently resulted in a sudden and startling demand for organic and natural products. Also, there has been growing awareness about the link between meat consumption and non-communicable diseases. In an attempt to cut the risks for such diseases and also for obesity, consumers are shying away from meat in their diets, which will gradually encourage them to become vegetarians in the future.
Request A Sample Of Meat Alternatives Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29798
Meat alternatives are perfect to cater to the permissive needs of these consumers. There are other such consumer attitudes, such as going against animal cruelty, reducing carbon emissions, and the conservation of water (a large quantity of water is utilized for meat production/processing), which will culminate in the high consumption of meat alternatives in the future. Besides, a spurt in population growth is also likely to create the need for alternative foods.
Request For Multiple Chapters on Global Meat Alternative Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=29798
The price of the product is one of the factors that is well thought-out by consumers while purchasing a meat alternative. Many consumers have stated concerns over the prices of meat alternatives, which are relatively higher in some countries than meat itself. In such circumstances, these expensive prices of meat alternatives are likely to affect the market growth in a bigger way than it appears, as positive consumer approach towards meat alternatives is not very mature, and high prices may drive away even those customers which are ready to opt for meat alternatives.
As meat alternatives are highly processed products, they cannot qualify for being natural products. The demographic which exhibits willingness to opt for meat alternatives also exhibits a pull towards natural products, and hence, a tendency to opt out from meat alternatives is a possibility.
View in-depth table of contents for this report @ https://www.transparencymarketresearch.com/report-toc/29798
This report covers trends driving each segment and offers analysis and insights of the potential of the meat alternatives market in specific regions. North America is expected to register high growth rates between 2018 and 2026. APAC is expected to remain the largest market through 2026. China is estimated to account for 54.9% value market share in 2018 and the overall APAC market expected to account for 78.6% market share by 2026. In terms of volume, North America is expected to register significant CAGR during the forecast period. On the basis of source, the meat alternatives market is segmented soy-based meat alternatives, wheat-based meat alternatives, mycoprotein-based meat alternatives and other sources of meat alternatives. The others segment is expected to register relatively high growth over the forecast period.
Ask for Discount on Premium Research Report (US$ 5795) With Complete TOC: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=29798
Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Meat Alternatives space. The companies are focusing on business development with product penetration in retail shelf spaces. Meat alternatives key players include Turtle Island Foods, Inc., Nutrisoy Pty Ltd, Pinnacle Foods, Inc., Amy's Kitchen Inc., Atlantic Natural Foods, LLC, Impossible Foods Inc., The Hain Celestial Group, Inc., Beyond Meat Inc., Pacific Foods of Oregon, Inc., Monde Nissin Corporation, Kellogg Company, Fry Group Foods (Pty) Ltd., Nasoya Foods, Inc., Hügli Holding AG, Sweet Earth, Inc., VBites Food ltd., The Kraft Heinz Company, Schouten Europe B.V., Lightlife Foods Inc. and Taifun-Tofu GmbH.
Browse Popular Research Reports by TMR:
- Frozen Seafood Market: https://www.transparencymarketresearch.com/frozen-seafood-market.html
- Frozen Meat Market: https://www.transparencymarketresearch.com/frozen-meat-market.html
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Research Blog: https://cmfenews.com/
SOURCE Transparency Market Research