Global Meat Substitutes Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Concentrates, Isolates, and Textured.

By Source;

Soy Protein, Wheat Protein, and Pea Protein.

By Product;

Tofu, Tempeh, Seitan, and Quorn.

By Form;

Solid and Liquid.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn188542484 Published Date: May, 2025 Updated Date: June, 2025

Meat Substitutes Market Overview

Meat Substitutes Market (USD Million)

Meat Substitutes Market was valued at USD 6,075.12 million in the year 2024. The size of this market is expected to increase to USD 10,264.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.


Global Meat Substitutes Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.8 %
Market Size (2024)USD 6,075.12 Million
Market Size (2031)USD 10,264.13 Million
Market ConcentrationMedium
Report Pages349
6,075.12
2024
10,264.13
2031

Major Players

  • Archer Daniels Midland Company
  • Dupont
  • Roquette Frres
  • Kerry
  • Ingredion
  • The Nisshin Oillio Group, Ltd.
  • Axiom Foods
  • Sotexpro S.A
  • Wilmar International Limited
  • Crespel & Deiters
  • CHS Inc.
  • Sdzucker
  • MGP Ingredients
  • Puris
  • Sonic Biochem Ltd.
  • The Top Health Ingredients
  • Emsland Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Meat Substitutes Market

Fragmented - Highly competitive market without dominant players


The Meat Substitutes Market is showing robust expansion, with 43% growth in product adoption propelled by rising health and sustainability awareness. Shifting dietary habits and consumer preferences for plant-based proteins are reshaping the market. This surge highlights a transition from conventional proteins to plant-based alternatives, demonstrating the evolving landscape of food choices.

The market has experienced a 39% increase in demand, driven by consumers seeking vegan, vegetarian, and flexitarian options. This shift stems from health, ethical, and environmental considerations. Innovative products featuring soy, pea, and wheat protein bases are at the forefront, delivering high-protein, flavorful, and diverse options that cater to evolving preferences.

Growth in Retail and Foodservice Channels
Retail and foodservice channels are driving a 32% growth in availability of meat substitutes. Ready-to-cook and ready-to-eat products are broadening market reach, meeting the demand for convenience and variety. The integration of meat substitutes into restaurant menus and retail shelves is reshaping consumer access and experience.

Market Outlook
The Meat Substitutes Market has expanded by 38% in recent years, reflecting a strong shift towards sustainable, ethical, and health-conscious consumption. Continued innovation, expanding consumer awareness, and strategic branding are positioning meat substitutes as a staple in mainstream diets, signaling long-term growth potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Source
    3. Market Snapshot, By Product
    4. Market Snapshot, By Form
    5. Market Snapshot, By Region
  4. Meat Substitutes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health consciousness
        2. Sustainability trends
        3. Rising vegan and flexitarian diets
      2. Restraints
        1. Price competitiveness
        2. Taste and texture expectations
        3. Ingredient availability
      3. Opportunities
        1. Product innovation
        2. Strategic partnerships
        3. Consumer education
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Meat Substitutes Market, By Type, 2021 - 2031 (USD Million)
      1. Concentrates
      2. Isolates
      3. Textured
    2. Meat Substitutes Market, By Source, 2021 - 2031 (USD Million)
      1. Soy protein
      2. Wheat protein
      3. Pea protein
    3. Meat Substitutes Market, By Product, 2021 - 2031 (USD Million)
      1. Tofu
      2. Tempeh
      3. Seitan
      4. Quorn
    4. Meat Substitutes Market, By Form, 2021 - 2031 (USD Million)
      1. Solid
      2. Liquid
    5. Meat Substitutes Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Archer Daniels Midland Company
      2. Dupont
      3. Roquette Frres
      4. Kerry
      5. Ingredion
      6. The Nisshin Oillio Group, Ltd.
      7. Axiom Foods
      8. Sotexpro S.A
      9. Wilmar International Limited
      10. Crespel & Deiters
      11. CHS Inc.
      12. Sdzucker
      13. MGP Ingredients
      14. Puris
      15. Sonic Biochem Ltd.
      16. The Top Health Ingredients
      17. Emsland Group
  7. Analyst Views
  8. Future Outlook of the Market