Posts

Showing posts from July, 2019

GLOBAL MEAT SUBSTITUTE MARKET FORECAST 2019-2027

Image
KEY FINDINGS The meat substitute is considered to be a healthy alternative to meat. They resemble characteristics as well as aesthetic qualities such as taste, flavour, appearance and the texture of meat.  The global meat substitutes market will escalate at an anticipated CAGR of 6.41% during the forecast period & will reach revenue of $7,372.9 million by 2027. The base year considered for the market study is 2018 & the forecasted period is between 2019 & 2027. The growing demand for plant-based protein is a major factor driving the growth of the global meat substitute market. To know more about this report, request a free sample copy.   MARKET INSIGHTS The growing demand for plant-based protein, rising health consciousness among consumers, and the rise in the obese population are primarily propelling the faux meat market in the last few years. The rise in health concerns on the intake of meat is driving the need for meat alternatives in th...