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Protein Alternatives Market Outlook to 2025; Dominated by Cargill
According to ResearchAndMarkets, the global protein alternatives market is projected to grow with a CAGR of 7.4% during the forecast period (2020-2025).
The market studied has witnessed a significant growth due to the increasing intolerance toward animal protein, thereby leading to the shift in preference of the meat-consuming population toward meat substitutes made of vegan protein, therefore, driving the market studied.
Consumers in developing regions, like Asia-Pacific and Africa, have started to incorporate more protein in their daily diets. Many companies operating in the market place have started to initiate...
Research and Markets: Global Meal Kit Market Report
According to Research and Markets, the global meal kit market is expected to surpass $15.5 billion by the end of 2025. In the United States and Europe, the demand for meal kits is observed. The global food processing meal kit market is expected to grow significantly during the forecast period. The main factors driving the global market for meal kits are the world's rising working professional, a growing urban population, an increasing tendency to reduce food waste, and the availability of fresh food items.
The United States holds the major share in the global meal kit market, with a digital boom creating positive impacts. Subscription models and ordering meals online is growing tremendously due to...
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...
Online Grocery Shows Global Growth
According to ResearchandMarkets, the online grocery market is projected to grow by $354.2 billion, with the potential to grow at over 17.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over $524.5 billion by the year 2025, online grocery will bring in gains adding significant momentum to global growth.
The United States is expected to maintain an 18.7% growth momentum. In Europe, Germany is projected to add over $13.6 billion to the region's size and clout in the next...
Update: List of Current Plant Closures Due to COVID-19
The Trip Back to 'Normal' Slaughter Levels
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