MEAT SUBSTITUTE MARKET ANALYSIS

Meat Substitute Market, By Product Type (Tofu, Quorn, Tempeh, Seitan, Textured Vegetable Protein, Mushrooms, and Others), By Source (Soy, Cereal, Mycoprotein, Oilseed and Others), By Category (Frozen, Refrigerated, and Shelf-stable), By Distribution Channel (Online Stores and Offline Stores), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments:

New Product launches:

In August 2023, Nestle expanded its range of plant-based products, offering consumers more options for meat alternatives. The company launched a line of shelf-stable plant-based cooking solutions in Chile under the Maggi Veg brand, including plant-based minced meat and lentil and vegetable soup. These products are designed to be accessible, affordable, and sustainable, with a longer shelf-life than frozen or fresh products. The Nestle Company’s products include food, beverages, chocolate, and confectioneries.
In January 2022, KFC launched Beyond Fried Chicken, made up of plant-based meats, at different locations globally. KFC, formerly known as Kentucky Fried Chicken, is an American fast food restaurant chain that specializes in fried chicken.

Mergers and Acquisition: