Brazil 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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Brazil Meat Substitutes Market Report Overview
The Brazil meat substitutes market size was valued at BRL647.9 million ($121.0 million) in 2021. The market is expected to achieve a CAGR of more than 11% during 2021-2026. The Brazil meat substitutes market research report provides insights on high-growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data, and companies’ market shares.
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Brazil Meat Substitutes Market Segmentation by Category
The key categories in the Brazil meat substitutes market are soy-based meat substitutes, vegetable/plant-based proteins, grain-based meat substitutes, and single cell protein (fungi/algae). The Brazilian meat substitutes market was led by soy-based meat substitutes in value terms in 2021. The single-cell protein (fungi/algae) category is forecast to register the fastest value growth during 2021-2026.
Grain-Based Meat Substitutes: The report offers a value analysis of grain-based meat substitutes such as seitan.
Soy-Based Meat Substitutes: Soy-based meat substitutes category can be further segmented into tofu.
Single Cell Protein: Single cell protein can be further segmented into fungi (Mycoprotein).
Vegetable/Plant-Based Proteins: The report further categorizes vegetable/plant-based proteins into legume-based, pea-based, and yam/sweet potato among others.
Brazil Meat Substitutes Market Analysis, by Categories
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Brazil Meat Substitutes Market Segmentation by Distribution Channel
The key distribution channels in the Brazil meat substitutes market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and cash & carries & warehouse clubs. Hypermarkets & supermarkets was the leading distribution channel in the Brazilian meat substitutes market in 2021.
Brazil Meat Substitutes Market Analysis, by Distribution Channels
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Competitive Landscape
The leading players in the Brazil meat substitutes market are Goshen Alimentos, Vegabom OpcAo Saudavel, Zanquetta, Vege Mais, and Superbom. Goshen Alimentos had the highest market share in the Brazil meat substitutes market in 2021.
Brazil Meat Substitutes Market Analysis, by Leading Players
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Brazil Meat Substitutes Market Overview
Market Size 2021 | BRL647.9 million ($121.0 million) |
CAGR (2021-2026) | >11% |
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, Food & Drinks Specialists, and Cash & Carries & Warehouse Clubs |
Leading Players | Goshen Alimentos, Vegabom OpcAo Saudavel, Zanquetta, Vege Mais, and Superbom |
Key Highlights
- Per capita consumption and per capita expenditure of meat substitute was lower in Brazil than the global levels in 2021.
- The per capita consumption of soy-based meat substitute was higher than vegetable/plant-based proteins, single cell protein (fungi/algae), and grain-based in Brazil in 2021.
- Hypermarkets & supermarkets is the leading distribution channel in the Brazil Meat Substitute sector.
- The vegetable/plant-based proteins category is the least consolidated segment in the Brazil meat substitute sector.
Reasons to Buy
- Identify high-potential categories and explore further market opportunities based on detailed value 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, and 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.
Vegabom OpcAo Saudavel
Zanquetta
Vege Mais
Superbom
VBites Foods Limited
Vegan Food
Dip Soy
Geronimo Foods
Sora Alimentos
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Frequently asked questions
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What was the Brazil meat substitutes market size in 2021?
The meat substitutes market size in Brazil was valued at BRL647.9 million ($121.0 million) in 2021.
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What is the Brazil meat substitutes market growth rate?
The meat substitutes market in Brazil is expected to achieve a CAGR of more than 11% during 2021-2026.
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What are the key categories of the Brazil meat substitutes market?
The key categories in the Brazilian 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 Brazil meat substitutes market?
The key distribution channels in the Brazilian meat substitutes market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and cash & carries & warehouse clubs.
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Who are the leading players in the Brazil meat substitutes market?
The leading players in the Brazil meat substitutes market are Goshen Alimentos, Vegabom OpcAo Saudavel, Zanquetta, Vege Mais, and Superbom.
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