The Meat-Free Foods Market Will Reach $3.86Bn in 2015, According to a New Study on ASDReports

Tuesday 5 January 2016, Amsterdam

A new report, now available on ASDReports, predicts that the world market of Meat-Free Foods will reach $3.86bn in 2015. This forecast and others appear in Meat-Free Foods Market Forecast 2015-2025: Prospects for Companies in the 'Free From' Market report published by visiongain, a leading business intelligence provider based in London, UK.

Meat-free foods are one of the globally growing “free-from” trends that are being driven by the health concerns of society and the willingness of consumers to protect livestock.

An important factor driving this market is the growing global population. It is projected that by 2020 the world’s population will reach 9 billion people. It is currently estimated that there will not be enough resources to provide animal protein for all these people. Moreover, raising livestock requires significant amounts of water, land and animal feed and as a result these activities can produce significant amounts of waste that contaminate the environment.

In light of all this, the meat-free foods market is seen as a tool that can potentially help solve these problems. The meat alternatives market is currently relatively small. However, all the factors analysed in this report illustrate that the industry will exhibit significant growth in the near future and will therefore provide companies operating in this are with excellent commercial opportunities.

Karina Sventitskayte, Food Industry Analyst in visiongain observes: “We expect the meat alternatives market to grow significantly by 2025 and to represent a large market for already existing players and those entering the market.”

The report also discusses the performance of the meat-free foods submarkets. Visiongain identified many opportunities and strengths within the current meat-free foods market, such as the fact that this market remains open to new technological advances and the substantial needs for improvement in the global legislative framework since not all countries have established a legal basis in meat analogues labelling and production.  

The 130 pages report contains 126 tables, charts and graphs that add visual analysis in order to explain developing trends within the meat-free foods market. Visiongain provides forecasts for the period 2015-2025 in terms of value sales (US$). Visiongain describes the global meat-free foods market by the global value sales of its products. In addition, 10 leading national meat-free foods markets are forecasted and analysed by visiongain over the period 2015-2025.      

Submarket forecasts from 2015-2025 and analyses are provided for the following submarkets: Mycoprotein Submarket Forecast 2015-2025, Pea Protein Submarket Forecast 2015-2025, Tofu Submarket Forecast 2015-2025, Submarket Forecast 2015-2025, TVP Submarket Forecast 2015-2025, Seitan Submarket Forecast 2015-2025, Other Meat-Free Foods Submarket Forecast 2015-2025.

The Meat-Free Foods Market Forecast 2015-2025: Prospects for Companies in the 'Free From' Market report will be of value to current and future potential investors into the global meat-free foods market and other food processing industries, as well as companies and research centres who wish to broaden their knowledge of the meat-free foods market.