Australia Meat Substitutes Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026

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Australia Meat Substitutes Market Overview

The Australia meat substitutes market was valued at AUD200.3 million ($150.5 million) in 2021 and is expected to grow at a CAGR of more than 15% during the period 2021-2026. Soy based was the largest category in 2021. Per capita consumption of meat substitutes in Australia increased in 2021, which was higher than the global level.

Australia Meat Substitutes Market Outlook, (AUD Million, 2021)

Australia Meat Substitutes Market Outlook, (AUD Million, 2021)

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The Australia meat substitutes market report provides an overview of the overall sector value and volume data with growth analysis from 2016-2026. The report also offers value and growth analysis of individual segment share within each category and the change in their market share forecast for 2021-2026.

Market size 2021 AUD200.3 million ($150.5 million)
CAGR % >15%
Review Period 2016-2021
Forecast period 2022-2026
Key Category

 

·       Soy-Based Meat Substitutes

·       Grain-Based Meat Substitutes

·       Single Cell Protein (Fungi/Algae)

·       Vegetable/Plant Based Proteins

Key Distribution Channel ·       Hypermarkets & Supermarkets

·       Convenience Stores

·       E-Retailers

·       Food & Drinks Specialists

·       Others

Major Players ·       Monde Nissin Corporation

·       Conagra Brands, Inc

·       Life Health Foods

·       Suzy Spoon’s Vegetarian Butcher

·       Maple Leaf Foods Inc

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Australia Meat Substitutes Market Segmentation by Categories

The key categories in the Australia meat substitute market are vegetable/plant based proteins, soy-based meat substitutes, grain-based meat substitutes, and single cell protein (fungi/algae). Soy-based meat substitutes was the largest category in 2021. The single cell protein (Fungi/Algae) category is forecast to register the fastest value growth during 2021–2026.

Australia Meat Substitutes Market, by Categories, 2021 (%)

Australia Meat Substitutes Market, by Categories, 2021 (%)

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Australia Meat Substitutes Market Segmentation by Distribution Channels

The key distribution channels in the Australia meat substitute market are hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, and others. Hypermarkets & supermarkets was the leading distribution channel in the Australia meat substitute sector in 2021, followed by convenience stores and food & drinks specialists.

Australia Meat Substitutes Market, by Distribution Channel, 2021 (%)

Australia Meat Substitutes Market, by Distribution Channel, 2021 (%)

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Australia Meat Substitutes Market - Competitive Landscape

Some of the key brands in the Australia meat substitutes market are Monde Nissin Corporation, Conagra Brands, Inc, Life Health Foods, Suzy Spoon’s Vegetarian Butcher, and Maple Leaf Foods Inc. Monde Nissin Corporation had the highest share in the Australia meat substitute sector in 2021.

Australia Meat Substitutes Market, by Brands, 2021 (%)

Australia Meat Substitutes Market, by Brands, 2021 (%)

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Segments Covered in the Report

Australia Meat Substitutes Market Outlook, by Categories (Value, 2016-2026, AUD Million)

  • Soy-Based Meat Substitutes
  • Grain-Based Meat Substitutes
  • Single cell protein (fungi/algae)
  • Vegetable/Plant Based Proteins

Australia Meat Substitutes Market Outlook, by Distribution Channels (Value, 2016-2026, AUD Million)

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • E-Retailers
  • Food & Drinks Specialists
  • Others

Scope

  • Sector data: Overall sector value and volume data with growth analysis for 2016-2026
  • Category coverage: Value and growth analysis for grain based, soy based, and vegetable/plant based proteins with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026.
  • Leading players: Market share of companies (in value terms) in 2021
  • Distribution data: Provides analysis on the leading distribution channels, both at a sector and category level in 2021.

Reasons to Buy

  • Identify high-potential categories and explore further market opportunities based on detailed value and volume analysis.
  • Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities.
  • Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning.
  • Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
  • Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.

Monde Nissin Corporation
Conagra Brands Inc
Life Health Foods
Suzy Spoon's Vegetarian Butcher
Maple Leaf Foods Inc.
Lamyong Vegetarian Health Food
VBites Foods Limited
A & T International
Tofutown.com GmbH
Fry Group Foods (Pty) Ltd

Table of Contents

  • 1. Executive Summary
  • 2. Market Environment

    • 2.1. Value and Volume Share of Australia in the Global and APAC Markets
    • 2.2. Growth Analysis of Australia Compared to Other Leading Countries in the APAC Market
    • 2.3. PCC and PCE of Australia Compared to the Global and APAC Markets

  • 3. Sector Deep Dive

    • 3.1. Australia Meat substitutes Sector Snapshot
    • 3.2. Market Size Analysis
    • 3.3. Cross-category Comparison – Value Growth Analysis and Category Winners and Losers
    • 3.4. Cross-category Comparison – Volume Growth Analysis and Category Winners and Losers

  • 4. Category Deep Dive

    • 4.1. Per Capita Consumption Analysis by Category
    • 4.2. Market Size Analysis – Category: Grain-based
    • 4.3. Segment-Level Analysis (in Value Terms) – Grain-based
    • 4.4. Segment-Level Analysis (in Volume Terms) – Grain-based
    • 4.5. Market Size Analysis – Category: Single cell protein (Fungi/Algae)
    • 4.6. Segment-Level Analysis (in Value Terms) – Single cell protein (Fungi/Algae)
    • 4.7. Segment-Level Analysis (in Volume Terms) – Single cell protein (Fungi/Algae)
    • 4.8. Market Size Analysis – Category: Soy based
    • 4.9. Segment-Level Analysis (in Value Terms) – Soy based
    • 4.10. Segment-Level Analysis (in Volume Terms) – Soy based
    • 4.11. Market Size Analysis – Category: Vegetable/Plant based proteins
    • 4.12. Segment-Level Analysis (in Value Terms) – Vegetable/Plant based proteins
    • 4.13. Segment-Level Analysis (in Volume Terms) – Vegetable/Plant based proteins

  • 5. Distribution Analysis

    • 5.1. Channel Share Analysis

  • 6. Competitive Environment

    • 6.1. Leading Companies Value Share
    • 6.2. Brand Share Analysis of Top Companies
    • 6.3. Brand Share Analysis of Top Companies by Category
    • 6.4. Private Label Share Analysis by Category
    • 6.5. Growth of Private Labels Compared to Branded Products
    • 6.6. Degree of Consolidation/Fragmentation by Category

  • 7. Macroeconomic Analysis

    • 7.1. GDP Growth and Inflation
    • 7.2. Population Growth
    • 7.3. Labor Market Trend
    • 7.4. Economic Summary, Labor Market, and Demographic Trends
    • 7.5. Australia Risk Index (GCRI) 2021
    • 7.6. Australia Risk Analysis – Compared to Global and APAC Markets

  • 8. Methodology
  • 9. Definitions

Table

List of Tables

Leading value categories

Fastest-growing segments (value), 2021

Cross-category comparison – by value (2016-2026)

Cross-category comparison – by volume (2016-2026)

Per capita consumption (by category), Australia compared to Asia-Pacific and global levels (in kg), 2021

Grain-based – value analysis by segment, 2016-2026

Grain-based – volume analysis by segment, 2016-2026

Single cell protein (fungi/algae) – value analysis by segment, 2016-2026

Single cell protein (fungi/algae) – volume analysis by segment, 2016-2026

Soy based- value analysis by segment, 2016-2026

Soy based- volume analysis by segment, 2016-2026

Vegetable/plant based proteins – value analysis by segment, 2016-2026

Vegetable/plant based proteins – volume analysis by segment, 2016-2026

Change in distribution share, 2016-2021

Top five companies share by brand (in value terms) in the meat substitutes sector, 2021

Brand shares of top five companies (in value terms) by category, 2021

Performance overview (score: 1-100)

Category data, by segment

Per capita consumption (in kg), 2016-2026

Per capita expenditure ($), 2016-2026

Meat substitutes sales distribution in Australia – by category (AUD million), 2021

Brand share (in value terms) in the meat substitutes sector, 2021

Brand share (in value terms) in the meat substitutes sector, by category, 2021

Real GDP and annual growth (%), 2018-2026

Nominal GDP and annual growth (%), 2018-2026

Consumer price inflation (%), 2018-2026

Employed people and unemployment rate (%), 2018-2026

Nominal household final consumption expenditure and annual growth (%), 2018-2026

Population and annual growth (%), 2018-2026

Population by age group (%)

Population by gender (%)

Population by rural-urban split (%)

Exchange rates, 2016-2026

Figures

List of Figures

Value and volume share of Australia in the global and Asia-Pacific meat substitutes sector, 2021-2026

Australia compared to other top countries in terms of market share, growth, and competitive landscape

PCC comparison – Australia, Asia-Pacific, and global, 2016-2026

PCE comparison – Australia, Asia-Pacific, and global, 2016-2026

Market size and growth analysis by value and volume, meat substitutes sector, 2016-2026

Cross-category comparison – value growth analysis and category winners and losers

Cross-category comparison – volume growth analysis and category winners and losers

Market size and growth analysis by value and volume, grain-based category, 2016-2026

Market size and growth analysis by value and volume, single cell protein (fungi/algae) category, 2016-2026

Market size and growth analysis by value and volume, single soy based category, 2016-2026

Market size and growth analysis by value and volume, vegetable/plant based proteins category, 2016-2026

Share of key distribution channels (in value terms) – meat substitutes, 2021

Key distribution channel share by category (in value terms), 2021

Leading companies (in value terms) in the meat substitutes sector, 2021

Private label penetration by category (in value terms), 2021

Growth analysis, private label and brands, 2016-2021

Category-wise consolidation/fragmentation (in value terms) – meat substitutes , 2021

Real GDP (AUD billion) and annual growth (%)

Nominal GDP (AUD billion) and annual growth (%)

Consumer price inflation (%)

Nominal household final consumption expenditure growth (%) in AUD terms

Population (millions) and annual growth (%)

Population by age group (%)

Population by gender (%)

Population by rural-urban split (%)

Employed people (millions) and unemployment rate (%)

Economic summary, labor market, and demographic trends

Five lowest-risk nations in GCRI Q4 2021

Five highest-risk nations in GCRI Q4 2021

Australia performance in country risk analysis in comparison to Asia-Pacific and the world

List of 109 countries analyzed to identify high-potential countries in different regions

Frequently asked questions

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