Meat Substitute Market worth US$ 5.0 Billion 2029 with a CAGR of 11.9%
The report " Meat Substitute Market , By Type (Tofu Based, Tempeh Based, Textured Vegetable, Protein Based, Quorn Based, Seitan Based, and Others), By Source (Soy, Wheat, Mycoprotein, Others (Milk, Rice, Pulses)), By Category (Frozen, Refrigerated, and Shelf-Stable), and Region - Global Forecast to 2029" Meat substitute market is projected to grow from US$ 1.8 billion in 2020 to US$ 5.0 billion by 2029. Increasing health concerns and growing preference for vegetarian diets among individuals across the globe are major factor for growth of the global meat substitute market. In addition, increasing incidence of obesity due to processed meat consumption and several disease outbreaks in animals are some among the major factors expected to boost growth of the global meat substitute market in the near future. Furthermore, increasing disposable income of individuals in order to fulfill their dietary supply as alternative for meat is also another facto...