Many animal-related disease outbreaks that include swine flu and bird flu over the recent past have led consumers across the globe to shift toward a more vegan diet, influencing meat substitute consumption as a result. Trend toward vegan diet is also being supported by surging prevalence of health problems such as diabetes and obesity. Rise in living standards of consumers coupled with their higher GHDI is further posing a positive impact on demand for not-so-cost-effective meat substitutes. R&D initiatives are being undertaken by global leading food product manufacturers, in a bid to develop novel and superior quality meat substitutes to increasing number of health-conscious consumers globally.

A new report of XploreMR offers forecast and analysis on the meat substitutes market on a global level. The report delivers actual data related to the market for the historical period (2012-2016) along with an estimated intelligence on the…