Asia-Pacific Meat Substitutes Market Size, Competitive Landscape, Country Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026
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Asia Pacific Meat Substitutes Market Report Overview
The Asia Pacific meat substitutes market size was valued at $1.55 billion in 2021 and is expected to achieve a CAGR of more than 7% during 2021-2026. Asia-Pacific was the third-largest market in the global meat substitutes sector in 2021. Based on the relative performance of countries on multiple metrics, Australia, New Zealand, Singapore, and Japan were shortlisted as high-potential countries, primarily due to their large meat substitutes sector size, forecast high-value growth rates, and projected rise in per capita growth levels.
The Asia-Pacific meat substitutes market research report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific meat substitutes sector. It includes a market overview, high-growth country analysis, top companies, key distribution channels, and case studies.
Asia-Pacific Meat Substitutes Market Outlook
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Asia-Pacific Meat Substitutes Market Segmentation by Countries
Some of the key countries in the Asia-Pacific meat substitutes market are Australia, China, India, Kazakhstan, New Zealand, Singapore, and Uzbekistan. Australia, China, and India are the key markets in Asia-Pacific meat substitutes sector
Asia-Pacific Meat Substitutes Market Segmentation by Category
The key categories in the Asia-Pacific meat substitutes market are soy-based meat substitutes, vegetable/plant-based proteins, grain-based meat substitutes, and single cell protein (fungi/algae). In 2021, the soy-based category accounted for the largest value share and the single cell protein (fungi/algae) category is expected to register the fastest value CAGR over 2021–26.
Asia-Pacific Meat Substitutes Market Analysis, by Categories
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Asia-Pacific Meat Substitutes Market Segmentation by Distribution Channel
The key distribution channels in the Asia-Pacific meat substitutes market are hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, and cash & carries & warehouse clubs. Hypermarkets & supermarkets was the leading distribution channel in the Asia-Pacific meat substitutes market in 2021, followed by convenience stores.
Asia-Pacific Meat Substitutes Market Analysis, by Distribution Channels
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Asia-Pacific Meat Substitutes Market - Competitive Landscape
The leading companies in the Asia-Pacific meat substitutes market are Shenzhen Qishan Food Co. Ltd, Ruchi Soya Group, Everbest Soya Bean Products Sdn. Bhd, Dapoer Bu Joko, and Monde Nissin Corporation. Shenzhen Qishan Food led the Asia-Pacific meat substitutes sector in 2021.
Asia-Pacific Meat Substitutes Market Analysis, by Companies
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Asia-Pacific Meat Substitutes Market Overview
Market Size 2021 | $1.55 billion |
CAGR (2021-2026) | >7% |
Key Countries | Australia, China, India, Kazakhstan, New Zealand, Singapore, and Uzbekistan |
Key Categories | Soy-Based Meat Substitutes, Vegetable/Plant-Based Proteins, Grain-Based Meat Substitutes, and Single Cell Protein (Fungi/Algae) |
Key Distribution Channels | Hypermarkets & Supermarkets, Convenience Stores, E-Retailers, Food & Drinks Specialists, and Cash & Carries & Warehouse Clubs |
Leading Companies | Shenzhen Qishan Food Co. Ltd, Ruchi Soya Group, Everbest Soya Bean Products Sdn. Bhd, Dapoer Bu Joko, and Monde Nissin Corporation |
Scope
This report provides:
- Sector size, market size, and growth analysis by category.
- Indication of changing share of value consumption in various meat substitute categories across high-potential countries in the Asia-Pacific region. It also provides a risk-reward analysis of four countries across Asia-Pacific based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
- The overview and key trends across high-potential countries.
- Some of the most compelling meat substitute manufacturers, brands, products, and marketing campaigns in the Asia-Pacific. It also provides a better understanding of how a certain manufacturer achieved success in the sector and insights.
- An overview of leading companies in Asia-Pacific, besides analyzing the growth of private labels in the region.
- Analysis of the leading distribution channels in the Asia-Pacific meat substitutes sector in 2021. It covers hypermarkets & supermarkets, e-retailers, department stores, convenience stores, “dollar stores”, variety stores & general merchandise retailers, cash & carries & warehouse clubs, and others.
- The challenges and future outlook pertaining to the Asia-Pacific meat substitutes sector.
Reasons to Buy
- Manufacturing and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering key challenges, competitive landscape, and a demographic analysis that can help companies gain insight into country-specific nuances.
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region which can help companies in revenue expansion.
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
Ruchi Soya Group
Everbest Soya Bean Products Sdn. Bhd
Dapoer Bu Joko
Monde Nissin Corporation
Table of Contents
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Frequently asked questions
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What was the Asia-Pacific meat substitutes market size in 2021?
The meat substitutes market size in Asia-Pacific was valued at $1.55 billion in 2021.
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What is the Asia-Pacific meat substitutes market growth rate?
The meat substitutes market in Asia-Pacific is expected to achieve a CAGR of more than 7% during 2021-2026.
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What are the key countries in the Asia-Pacific meat substitutes market?
Some of the key countries in the Asia-Pacific meat substitutes market are Australia, China, India, Kazakhstan, New Zealand, Singapore, and Uzbekistan.
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What are the key categories of the Asia-Pacific meat substitutes market?
The key categories in the Asia-Pacific meat substitutes market are soy-based meat substitutes, vegetable/plant-based proteins, grain-based meat substitutes, and single cell protein (fungi/algae).
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What are the key distribution channels of the Asia-Pacific meat substitutes market?
The key distribution channels in the Asia-Pacific meat substitutes market are hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, and cash & carries & warehouse clubs.
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Which are the leading companies in the Asia-Pacific meat substitutes market?
The leading companies in the Asia-Pacific meat substitutes market are Shenzhen Qishan Food Co. Ltd, Ruchi Soya Group, Everbest Soya Bean Products Sdn. Bhd, Dapoer Bu Joko, and Monde Nissin Corporation.
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