ResearchAndMarkets: Meat Alternatives Market to Grow Globally
Given the interest in plant-based food and rising number of flexitarians that are looking to reduce meat consumption, there is an ever-growing demand for meat alternatives that can offer texture, flavor, and nutritional profile similar to meat products. Companies are exploring the use of emerging protein sources such as pea protein, chickpea, and other legumes, algae, and mycoprotein for the production of meat substitutes to mimic the mouthfeel and cooking behavior of meat or poultry products.
Pea-based meat substitute products are expected to witness double-digit growth over the 2019-2023 forecast period because of the rising demand for soy-free, non-GMO ingredients, especially in Western markets. Frozen meat alternatives are the dominant product category, but...
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