Bharat Book Bureau Provides the Trending Market Research Report on “Asia Pacific Plant-Based Meat Market Outlook, 2026”under Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
According to the research report “Asia Pacific Plant-Based Meat Market Outlook, 2026″ published by Bonafide Research, the plant based meat market is growing rapidly. Plant based meat products are healthier as compared to traditional meats. They are low in cholesterol and high in proteins and fibre. The growing health awareness, cruelty towards animals and environment has led to changing habit of consumers to shift from animal meat and products to plant based meat products.
Plant based meat products are not new to Asian consumers. It was introduced in early 6th century AD. Traditionally wheat gluten or soy based products were common. Tempeh, fermented soy based food is one of the famous plant based meat product of Indonesia. Another example is soy milk, used to make curdled soymilk known as Yuba in Japan. Now plant based meats have become more like meat in appearance and texture. Asia Pacific has almost 4.98 million vegetarians, among which India has the largest vegetarian population around 3.68 million. Asian countries except China are often labelled as Vegetarian country due to less meat consumption.
Approximately 36% of Thai consumers eat protein substitutes compared to 10% who do it for religious or cultural purposes. Over 53% of Japanese consumers have tried plant-based foods in search of a healthier lifestyle. Health concern was also the number one reason Australians and New Zealanders chose to consume less meat, as reported in a consumer research study.
Asia Pacific plant based meat product market will show a strong growth in the forecasted period and will reach the market size of above 4000 Million by 2026. China is the major revenue generating region accounting for 50% revenue of Asia Pacific. A key part of what makes vegan food so stimulating is the growing community of social media influencers advocating the lifestyle as part of their brand.
The process of creating such realistic meaty products from plants might baffle some, one thing consumers can be certain about is that they are not made in the torturous way that its animal-based analogs are. Plant-based foods not only help consumer’s health, but also support the health of planet.
Plant based foods require fewer resources like land and water, rather than animal based foods. Close to 20% of the planet’s fresh water is used in the production of meat and dairy, and animal agriculture is a major driver of climate change, contributing around 14.5% of global greenhouse gas emissions. Animal farming is also not required each year. Meat and dairy specifically accounts for around 14.5% of global greenhouse gas emissions, according to the UN’s Food and Agricultural Organization (FAO).
During the COVID-19 pandemic, the food industry witnessed significant shifts, but, plant-based companies adapted and continued to launch new products and grow sales. Foodservice channel distribution was significantly impaired, and pantry stocking and panic buying led to a sharp increase in retail sales over the prior year. The COVID-19 pandemic, lockdowns, has encouraged consumers to order goods online and this, in turn, has boosted the online sales channels.
Major Companies present in the market
Amy's kitchen, Beyond meat, Conagra (Pinnacle Foods), Impossible food, Kellogg (Morning star farms), Kraft Heinz Company (Boca Burger), Maple leaf, Nestle (Garden Gourmet), Quorn, Tyson (Raised and Rooted), Unilever (The Vegetarian Butcher)
Considered in this report
• Geography: Asia Pacific
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026
Aspects covered in this report
• Asia Pacific plant based meat products market with its value and forecast along with its segments
• Country-wise plant based meat products market analysis
• Various drivers and challenges
• On-going trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Countries covered in the report
• China
• Japan
• India
• Australia
• Rest of Asia Pacific
Types of meat products in the report
• Burger Pattie
• Sausages
• Strips & Nuggets
• Meatballs
• Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, meat, chicken , meatballs, sausages, vegan, animal meat, alternate meat, beef, pork, burger pattie, wheat, soy, pea, gluten, fish, quinoa, legumes, seitan, lamb, turkey.
This report would help you answer the following questions:
1. What is the market size and forecast of the Asia Pacific Plant Based Meat Products Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Asia Pacific Plant Based Meat Products Market during the forecast period?
3. Which country outstands in the Asia Pacific Plant Based Meat Products Market?
4. Which are the segments to invest in over the forecast period in the Asia Pacific Plant Based Meat Products Market?
5. What is the competitive strategic window for opportunities in the Asia Pacific Plant Based Meat Products Market?
6. What are the technology trends and regulatory frameworks in the Asia Pacific Plant Based Meat Products Market?
7. What are the drivers for the growth of plant-based meat market?
Browse our full report with Table of Content : https://www.bharatbook.com/report/1101854/asia-pacific-plant-based-meat-market-outlook
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