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

By Type;

Seitan or Wheat gluten, Tofu, Tempeh, Textured Vegetable Protein, Quorn, Risofu, Algae/ Mycoprotein, Insects, Fermented proteins, Cultured or ‘Clean’ meat, Fish Protein, Others (Yaso and Nato and Miso).

By Nature;

Organic and Conventional.

By Source;

Plant-based Protein - Soy-Based , Wheat-Based , Pea-Based, Canola- Based, Faba Bean- Based, Potato- Based, Rice- Based Lentil- Based, Flax- Based Chia- Based, and Corn- Based, Insect Protein, and Mycoprotein.

By Distribution Channel;

B2B and Retail - Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Independent Small Groceries, Wholesalers, Online Retail, and Other Retail Formats, HoReCa (Food service Sector).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn790821780 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Meat Alternatives Market (USD Million), 2021 - 2031

In the year 2024, the Global Meat Alternatives Market was valued at USD 12,305.79 million. The size of this market is expected to increase to USD 68,521.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 27.8%.

The global meat alternatives market has experienced significant growth in recent years, driven by changing consumer preferences toward plant-based and sustainable food options. As concerns about the environmental impact of animal farming and the rising awareness of health-related issues associated with excessive meat consumption grow, more consumers are turning to meat alternatives as a viable solution. These alternatives, often made from plant-based ingredients such as soy, pea protein, and other legumes, offer a similar texture and taste to traditional meat products, making them an attractive option for those seeking to reduce their meat intake without sacrificing flavor or protein content.

In addition to environmental and health considerations, the increasing availability and variety of meat alternatives have contributed to their popularity. Once limited to niche markets and specialty stores, meat alternatives can now be found in mainstream supermarkets and fast-food chains. This has made it easier for consumers to access plant-based meat products, leading to a surge in demand across different regions, including North America, Europe, and parts of Asia. The innovation in the sector, including the development of plant-based burgers, sausages, and deli meats, has also helped fuel the growth of the market, as more options become available to suit a wide range of dietary preferences and culinary uses.

The market for meat alternatives is not just limited to consumers following vegetarian or vegan diets, but also includes flexitarians—those who incorporate plant-based meals into their diets while still consuming some animal-based products. This shift toward more plant-centric diets has been further supported by the growing popularity of food movements such as "Meatless Mondays" and the increased promotion of plant-based diets by celebrities and influencers. As the demand for sustainable, ethical, and health-conscious food choices continues to rise, the meat alternatives market is expected to expand further, with continued innovations and improvements in taste, texture, and nutritional profiles.

  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 Nature
    3. Market Snapshot, By Source
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Global Meat Alternatives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    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. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Meat Alternatives Market, By Type, 2021 - 2031 (USD Million)
      1. Seitan or Wheat gluten
      2. Tofu
      3. Tempeh
      4. Textured Vegetable Protein
      5. Quorn
      6. Risofu
      7. Algae/ Mycoprotein
      8. Insects
      9. Fermented proteins
      10. Cultured or ‘Clean’ meat
      11. Fish Protein
      12. Others (Yaso and Nato and Miso)
    2. Global Meat Alternatives Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    3. Global Meat Alternatives Market, By Source, 2021 - 2031 (USD Million)
      1. Plant-based
      2. Protein - Soy-Based
      3. Wheat-Based
      4. Pea-Based
      5. Canola- Based
      6. Faba Bean- Based
      7. Potato- Based
      8. Rice- Based
      9. Lentil- Based
      10. Flax- Based
      11. Chia- Based
      12. Corn- Based
      13. Insect Protein
      14. Mycoprotein
    4. Global Meat Alternatives Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. B2B
      2. Retail - Hypermarkets/Supermarkets
      3. Convenience Stores
      4. Specialty Stores
      5. Independent Small Groceries
      6. Wholesalers
      7. Online Retail
      8. Other Retail Formats
      9. HoReCa (Food service Sector)
    5. Global Meat Alternatives 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. Burcon Nutrascience Corporation
      2. Cargill Inc.
      3. CHS Inc
      4. Cosucra Groupe Warcoing
      5. Crown Protein
  7. Analyst Views
  8. Future Outlook of the Market