Italy 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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The Italy meat substitutes market size was valued at EUR191.2 million ($226.1 million) in 2021 and is expected to achieve a CAGR of more than 7% during 2021-2026. Hypermarkets & supermarkets accounted for the leading share in the distribution of meat substitute products in the country.
The Italy 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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Italy Meat Substitutes Market Segmentation by Category
The key categories in the Italy meat substitutes market are soy-based meat substitutes, single cell protein (fungi/algae), vegetable/plant-based proteins, and grain-based meat substitutes. The Italy meat substitutes sector was led by soy-based meat substitutes in value terms in 2021.
Soy-Based Meat Substitutes: The report further categorizes soy-based meat substitutes into tofu and others.
Single Cell Protein (Fungi/Algae): The report offers both value and volume analysis of single cell protein (fungi/algae) such as Fungi (Mycoprotein).
Vegetable/Plant-Based Proteins: The report further categorizes vegetable/plant-based proteins into pea-based, legume-based, and others.
Grain-Based Meat Substitutes: The report further categorizes grain-based meat substitutes into Seitan and others.
Italy Meat Substitutes Market Analysis, by Categories
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Italy Meat Substitutes Market Segmentation by Distribution Channel
The key distribution channels in the Italy meat substitutes market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and cash & carries & warehouse clubs, among others. Hypermarkets & supermarkets were the leading distribution channel in the Italy meat substitutes sector in 2021.
Italy Meat Substitutes Market Analysis, by Distribution Channels
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Competitive Landscape
The leading players in the Italy meat substitutes market are Biolab Srl, Granarolo S.P.A., Mediterranea S.r.l., Absolute Vegan Empire Gmbh & Co. Kg, and Ki Group S.p.A., among others. Biolab Srl had the highest market share in the Italy meat substitutes market in 2021.
Italy Meat Substitutes Market Analysis, by Leading Players
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Italy Meat Substitutes Market Overview
Market Size 2021 | EUR191.2 million ($226.1 million) |
CAGR (2021-2026) | >7% |
Key Categories | Soy-Based Meat Substitutes, Vegetable/Plant-Based Proteins, Single Cell Protein (Fungi/Algae), and Grain-Based Meat Substitutes |
Key Distribution Channels | Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, and Cash & Carries & Warehouse Clubs |
Leading Players | Biolab Srl, Granarolo S.P.A., Mediterranea S.r.l., Absolute Vegan Empire Gmbh & Co. Kg, and Ki Group S.p.A. |
Key Highlights
- Per capita consumption of meat substitutes was higher in Italy than at the global level but lower than at the regional level in 2021
- Per capita expenditure of meat substitutes in Italy is higher than the global levels but lower than the regional levels.
- Hypermarkets & supermarkets are the leading distribution channel in the Italian meat substitute sector
- Biolab Srl, Granarolo S.P.A., and Mediterranea S.r.L. are the top three companies in the Italian Meat substitutes 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
- The packaging analysis report helps manufacturers, in identifying the most used packaging materials in the sector
- 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.
Granarolo S.P.A
Mediterranea S.r.l
Absolute Vegan Empire Gmbh & Co.
K, Ki Group S.p.A
TOPAS Gmb
Purvegan Gmb
Integralimenti sr
Taifun-Tofu Gmb
VBites Foods Limited
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Frequently asked questions
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What was the Italy meat substitutes market size in 2021?
The meat substitutes market size in Italy was valued at EUR191.2 million ($226.1 million) in 2021.
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What is the Italy meat substitutes market growth rate?
The meat substitutes market in Italy is expected to achieve a CAGR of more than 7% during 2021-2026.
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What are the key categories of the Italy meat substitutes market?
The key categories in the Italian meat substitutes market are soy-based meat substitutes, vegetable/plant-based proteins, single cell protein (fungi/algae), and grain-based meat substitutes.
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What are the key distribution channels of the Italy meat substitutes market?
The key distribution channels in the Italian meat substitutes market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and cash & carries & warehouse clubs, among others.
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Who are the leading players in the Italy meat substitutes market?
The leading players in the Italy meat substitutes market are Biolab Srl, Granarolo S.P.A., Mediterranea S.r.l., Absolute Vegan Empire Gmbh & Co. Kg, and Ki Group S.p.A., among others.
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