Meat substitutes are used by vegetarians who avoid meat for health and animal welfare reasons

 

Meat substitutes



  Meat substitutes are less likely to cause food poisoning or contamination than meat products. Livestock production is frequently viewed as a complicated business involving the management of animal waste and slaughtering.

  Food contamination is a high risk throughout the supply chain, especially in the case of expensive refrigeration and unreliable power supplies. Furthermore, the risk of animal-borne disease associated with meat products has gradually created an unfavorable impact on consumers, as well as an increase in health concerns. Plant-based food production, on the other hand, has fewer chances of contamination or spoilage, whereas cultured meat production ensures laboratory-level control of the entire process. This has resulted in a positive impact on the meat substitute.

  Furthermore, the clean eating trend is gaining traction, with consumers wanting to know and understand what they are eating. Consumers around the world are looking for products with clean labels and recognizable ingredients, while manufacturers are looking for ingredients that provide high performance and applications, with simple ingredients sourced from low-processed food. In addition to plant-based proteins, plant-based meat substitutes contain fibers, starches, gums, and other stabilizers. They are not only multifunctional but are also organic. As a result, one of the major factors driving the growth of meat substitutes is an increase in demand for clean labels and natural products.

 The increased demand for innovative products has fueled product development in the chilled, ambient, and frozen markets. Consumers have a wider range of products and brands to choose from thanks to innovation, and meat substitute products have increased shelf space and recognition. Supermarkets have responded to this market growth by significantly increasing the shelf space allocated to meat substitute products.

  According to Coherent Market Insights, the global meat substitute market was valued at $3.9 billion in 2016 and is expected to reach $6.5 billion by 2025, growing at a 7.6 percent CAGR during the forecast period (2018 - 2025).

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