India meat substitutes market is estimated to reach over USD47.57 million in value terms by the end of FY2026 and is forecast to grow at CAGR of 7.48% during FY2021E-FY2026F. The India meat substitutes market is driven by rising health concerns coupled with growing awareness about various diseases caused due to lack of proteins among consumers. Also, the increasing vegetarian population in India is expected to bolster the market growth over the next few years. Growing demand for plant-based meat products among the population is further aiding the growth of the India meat substitutes market over the coming years.

The India meat substitutes market is segmented based on product, source, type, form, company and region. Based on form, the market can be categorized into solid and liquid. Out of which, the solid segment dominated the India meat substitutes market until FY2020 and is forecast to maintain its lead during the forecast period as well, attributing to high preference by food manufacturers owing to their ease of usage and their ability to preserve flavor and color of food products.
Based on type, the concentrates segment is projected to witness the highest growth in the meat substitutes market during the forecast period as it offers high protein content and low levels of calories.

The major players operating in the India meat substitutes market are Sonic Biochem Limited, ADM Agro Industries India Private Limited, DuPont India, Roquette India Private Limited, Kerry Ingredients India Private Limited, Axiom ingredients and health foods private limited, Ingredion India Private Limited, Cargill India Private Limited and others.

Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026

Objective of the Study: 
To analyze the historical growth in the market size of India meat substitutes market from FY20216 to FY2020.
To estimate and forecast the market size of India meat substitutes market from FY2021 to FY2026 and growth rate until FY2026.  
To classify and forecast India meat substitutes based on product, source, type, form, company and regional distribution.
To identify dominant region or segment in the India meat substitutes market.
To identify drivers and challenges for India meat substitutes market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India meat substitutes market.
To conduct pricing analysis for India meat substitutes market.
To identify and analyze the profile of leading players operating in the India meat substitutes market.
To identify key sustainable strategies adopted by market players in the India 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 the country. 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 analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of India meat substitutes market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
Meat substitutes distributors and manufacturers
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums, and alliances related to meat substitutes
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. 

Report Scope:
In this report, India meat substitutes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Meat Substitutes Market, By Product: 
o Quorn
o Tempeh 
o Tofu
o Seitan
o Others
India Meat Substitutes Market, By Source:
o Soy
o Wheat
o Pea
o Others
India Meat Substitutes Market, By Type:
o Concentrates
o Isolates
o Textured
India Meat Substitutes Market, By Form:
o Solid
o Liquid
India Meat Substitutes Market, By Region:
o North
o East
o West
o South

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India meat substitutes market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a 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).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Product Overview

2.     Research Methodology

3.     Impact of COVID-19 on India Meat Substitutes Market

4.     Executive Summary

5.     Voice of Customers/Customer Insights

6.     India Meat Substitutes Market Outlook

6.1.   Market Size & Forecast

6.1.1.  By Value & Volume

6.2.   Market Share & Forecast

6.2.1.  By Product (Quorn, Tempeh, Tofu, Seitan and Others)

6.2.2.  By Source (Soy, Wheat, Pea and Others)

6.2.3.  By Type (Concentrates, Isolates and Textured)

6.2.4.  By Form (Solid Vs Liquid)

6.2.5.  By Region (North, South, East, West)

6.2.6.  By Company

6.3.   Product Market Map (By Type and Region)

7.     North India Meat Substitutes Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Product

7.2.2. By Source

7.2.3. By Type

7.2.4. By Form

8.     South Meat Substitutes Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Product

8.2.2. By Source

8.2.3. By Type

8.2.4. By Form

9.     East India Meat Substitutes Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Product

9.2.2. By Source

9.2.3. By Type

9.2.4. By Form

10.  West India Meat Substitutes Market Outlook

10.1.  Market Size & Forecast

10.1.1.   By Value & Volume

10.2.  Market Share & Forecast

10.2.1.   By Product

10.2.2.   By Source

10.2.3.   By Type

10.2.4.   By Form

11.  Market Dynamics

11.1.  Drivers/Opportunities

11.2.  Challenges/Restraints

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  India Economic Profile

15.  Competitive Landscape

15.1.Competition Matrix

15.2.Company Profiles

15.2.1.   Sonic Biochem Limited

15.2.2.   ADM Agro Industries India Private Limited

15.2.3.   DuPont India Private Limited

15.2.4.   Roquette India Private Limited

15.2.5.   Kerry Ingredients India Private Limited

15.2.6.   Axiom Ingredients and health foods private limited

15.2.7.   Ingredion India Private Limited

15.2.8.   Cargill India Private Limited

16.  Strategic Recommendations

17.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1: India Meat substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
    Figure 2: India Meat substitutes Market Share, By Product, By Value, FY2016–FY2026F
    Figure 3: India Meat substitutes Market Share, By Source, By Value, FY2016–FY2026F
    Figure 4: India Meat substitutes Market Share, By Type, By Value, FY2020 & FY2026F
    Figure 5: India Meat substitutes Market Share, By Form, By Value, FY2016–FY2026F
    Figure 6: India Meat substitutes Market Share, By Region, By Value, FY2020
    Figure 7: India Meat substitutes Market Share, By Company, By Value, FY2020
    Figure 8: India Meat substitutes Market Product Map, By Type, By Value, FY2021E-FY2026F
    Figure 9: India Meat substitutes Market Product Map, By Region, By Value, FY2021E-FY2026F
    Figure 10: North India Meat substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
    Figure 11: North India Meat substitutes Market Share, By Product, By Value, FY2016–FY2026F
    Figure 12: North India Meat substitutes Market Share, By Source, By Value, FY2020 & FY2026F
    Figure 13: North India Meat substitutes Market Share, By Type, By Value, FY2016–FY2026F
    Figure 14: North India Meat substitutes Market Share, By Form, By Value, FY2016–FY2026F
    Figure 15: South India Meat substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
    Figure 16: South India Meat substitutes Market Share, By Product, By Value, FY2016–FY2026F
    Figure 17: South India Meat substitutes Market Share, By Source, By Value, FY2020 & FY2026F
    Figure 18: South India Meat substitutes Market Share, By Type, By Value, FY2020 & FY2026F
    Figure 19: South India Meat substitutes Market Share, By Form, By Value, FY2020 & FY2026F
    Figure 20: South India Meat substitutes Market Share, By Region, By Value, FY2016–FY2026F
    Figure 21: East India Meat substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
    Figure 22: East India Meat substitutes Market Share, By Product, By Value, FY2016–FY2026F
    Figure 23: East India Meat substitutes Market Share, By Source, By Value, FY2020 & FY2026F
    Figure 24: East India Meat substitutes Market Share, By Type, By Value, FY2020 & FY2026F
    Figure 25: East India Meat substitutes Market Share, By Form, By Value, FY2020 & FY2026F
    Figure 26: East India Meat substitutes Market Share, By Region, By Value, FY2016–FY2026F
    Figure 27: West India Meat substitutes Market Size, By Value (USD Million), By Volume (Thousand Kgs), FY2016-FY2026F
    Figure 28: West India Meat substitutes Market Share, By Product, By Value, FY2016–FY2026F
    Figure 29: West India Meat substitutes Market Share, By Source, By Value, FY2020 & FY2026F
    Figure 30: West India Meat substitutes Market Share, By Type, By Value, FY2020 & FY2026F
    Figure 31: West India Meat substitutes Market Share, By Form, By Value, FY2020 & FY2026F
    Figure 32: West India Meat substitutes Market Share, By Region, By Value, FY2016–FY2026F