Market research Meat Substitutes Market Trends and Competitive Lan | Page 4

Report
Description
Report Description
over the forecasted period. Wheat based meat substitutes market is expanding especially in
Asia Pacific due to the rising consumption of wheat gluten by consumers in Asia Pacific.
Global meat substitutes market is segmented on the basis of region into North America,
Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Middle East
and Africa and Japan.
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Meat Substitutes Market: Region-wise Outlook
The Global meat substitutes market is expected to witness robust growth over the forecasted
period due to the rising health awareness coupled with increasing outbreak of animal
diseases. Globally, among all regions, Europe is expected to contribute highest market share,
followed by North America during the forecasted period. Increasing health concern of
consumers in developed region such as Europe and North America is expected to fuel the
growth of the meat substitute market. However Asia Pacific is anticipated to witness
significant growth owing to the rising disposable income of consumers in region such as India
and China.
Meat Substitutes Market: Drivers
Major factors that fuel the growth of meat substitutes market includes increasing health
awareness among consumers coupled with rising preference for vegetarian diet . Other
factors that are driving the growth of meat substitutes market are outbreak of various animal