UAE meat substitutes market is expected to grow at a strong CAGR over the next five years due to growing concerns about meat consumption and the rising trend of clean eating. People who consume meat consistently are more likely to fall vulnerable to chronic disorders such as obesity, atherosclerosis, diabetes. Besides, increasing awareness about personal health and rising population of vegans and vegetarians are expected to propel the meat substitutes market in UAE over the next five years. Moreover, increasing health fears about consumption of meat joined with several animal diseases in the recent past is stimulating the growth of the UAE meat substitutes market. Rising trend of clean eating among consumers and enhanced awareness regarding ingredients that offer nutrition are creating a greater demand for plant-based meat substitutes. Introduction of innovative meat substitute products with great taste and flavour and rise in demand for chilled, ambient, and frozen segments. Growing preference for plant-based protein and technological advancements in extrusion and processing are expected to accelerate UAE meat substitutes market. Increasing allergic concerns among consumers for soy products and high cost of pea might hinder the growth of UAE meat substitutes market. However, high processing cost and low acceptance might restrict the growth of UAE meat substitutes market.
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UAE meat substitutes market is segmented on the basis of type, source, category, company, and region. Based on type, the market is divided into soy products, quorn, tempeh, tofu, seitan, and others. Based on source, the market is fragmented into soy, wheat, mycoprotein, and others. The soy-based ingredients are dominating the UAE meat substitutes market owing to their easy availability and advanced processing technologies. Based on category, the market is sub-divided into frozen, refrigerated and shelf stable.
Some of the leading players in the UAE Meat Substitutes market are Beyond Meat, Amy’s Kitchen, Quorn Foods, The Nisshin Ollio Group, MGP Ingredients, ADM, Meatless VBites, Sonic Biochem Limited, MGP Ingredients, etc.
Objective of the Study:
- To analyse and forecast the market size of UAE meat substitutes market, in terms of value and volume.
- To classify and forecast UAE meat substitutes market based on type, source, category and regional distribution.
- To identify drivers and challenges for UAE meat substitutes market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in UAE meat substitutes market.
- To conduct the pricing analysis for UAE meat substitutes market.
- To identify and analyse the profile of leading players involved in the manufacturing of UAE meat substitutes market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across UAE.
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TechSci Research calculated the market size of UAE Meat Substitutes using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Meat substitutes manufacturers
- Raw material suppliers
- Distributors and traders
- End users
- Food Retailers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, UAE meat substitutes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- UAE meat substitutes Market, By Type:
- Soy Products
- Quorn
- Tempeh
- Tofu
- Seitan
- Others
- UAE meat substitutes Market, By Source:
- Soy
- Wheat
- Mycoprotein
- Others
- UAE meat substitutes Market, By Category:
- Frozen
- Refrigerated
- Shelf-Stable
- UAE meat substitutes Market, by Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Meat Substitutes.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Contact
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