Meat Substitutes Market Size, Share, Forecast & Competitive Analysis, And Growth Opportunity
February 27, 2023 ⚊ 1 Min read ⚊ Views 40 ⚊ BUSINESS
The meat substitutes market size was estimated at USD 2.1 billion in 2021 and is likely to grow at a CAGR of 12.9% during 2022-2028 to reach USD 4.9 billion in 2028.
What is a meat substitute?
A meat substitute, also known as a meat alternative or mock meat, is a food product that is designed to replace the taste, texture, and nutritional profile of the meat. It is typically made from plant-based ingredients or other non-meat sources, and it can be used in place of meat.
The health benefits associated with these ingredients are almost similar to the real meat, and this is a major factor behind the rising demand for meat substitutes.
Tags: Meat Substitutes Market
