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14 Sep 2021, 18:33 GMT+10
According to the current analysis of Reports and Data, the global Meat Substitutes Market was valued at USD 4,471.7 Million in 2018 and is expected to reach USD 7,694.0 Million by the year 2026, at a CAGR of 7.0%. These products are analogs which have meat-like texture but are healthy and cholesterol-free. The meat substitutes market is primarily driven by the increasing preference for plant-based products and vegan diet.
This report on the Meat Substitutes market delivers a cumulative synopsis of the speculations of this business, overall, along with an evaluation of its segmentations. It predicts the Meat Substitutes market to advance as one of the most profitable verticals, generating massive revenue by the end of the forecast years, exhibiting a sizable growth rate over the calculated period.
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Key participants in the meat substitutes market include DowDuPont, ADM, The Nisshin OilliO Group, Sonic Biochem Limited, MGP Ingredients, VBites, and Garden Protein International, among others. DowDuPont is an American conglomerate. The company's DuPont Nutrition & Biosciences offers an extensive line of ingredients through its brand Danisco.
Further key findings from the report suggest
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For the purpose of this study, Reports and Data have segmented the Meat Substitutes market on the basis of type, source, category, and region:
Type (Revenue, USD Million; 2016–2026)
Source (Revenue, USD Million; 2016–2026)
Category (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
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Objective of Studies:
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