Published on : Nov 07, 2019
Albany, New York, November 7, 2019: Plant based meat is the outcome of growing demand for tasty and healthy meet-free food products that are rich in protein. Various vegetable proteins including pulses, soy protein and wheat gluten are processed into meat analogs which resemble meat in its aesthetic qualities that include texture, color, flavor and nutritional characteristics.
A slew of factors including growth in animal diseases, shortage of animal protein, increment in demand of religious food and economic factors are responsible for the growth of vegetable protein consumption. Plant-based meat market flourishes on the positive attributes of meat analogs that includes meat-like texture, low cost and cholesterol free health. Mycoprotein is a meat analog that is highly popular for its content such as high protein and low fat. Meat analog consumption positively influences health with multiple health benefits including lower risk of Heart diseases, low blood cholesterol, reduced cancer risk and increased bone mass. Researches towards creating analogs that replicate the mouth feel of meat is in process to attract more customers.
An intelligence report titled, “Plant Based Meat Market Global Analysis by Source (Soy, Mycoprotein, Wheat, Others), Product, Countries, Regions, Companies” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository
Soya meat has fibrous consistency of meat
Soya meat which is known as textured vegetable protein is produced from soy beans and contains fibrous consistency of meat. Their demand has increased owing to their rich protein content, high nutritional quality, low price and versatile functional properties. Soy protein products can be segmented into two types that includes soy protein concentrate and soy protein isolate where the former is the edible protein product.
Major key stake holders are introducing innovations to capture market. Tyson Foods has introduced new range of products known as Raised & Rooted which provide vegan meat alternatives. Kellog’s MorningStar Farms are expanding their existing plant based portfolio with next-gen plant-based products such as chicken tenders and nuggets.
Plant based meat market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Plant based meat market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Plant based meat market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on Plant based meat market.
An insightful and deep-dive assessment of the competitive assessment of the Plant based meat market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Plant based meat market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Plant based meat market: Research Methodology
Primary sources and secondary sources propel intelligence report on Plant based meat market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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