Global Mycoprotein Meat Substitute Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By End Use;

Human Consumption and Animal Feed.

By Distribution Channel Outlook ;

Retail ,Food Service

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn762833407 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Mycoprotein Meat Substitute Market (USD Million), 2021 - 2031

In the year 2024, the Global Mycoprotein Meat Substitute Market was valued at USD 327.50 million. The size of this market is expected to increase to USD 819.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.0%.

Intensive animal farming has faced criticism from various segments of society due to its negative impacts on the environment and animal welfare. This scrutiny has spurred the growth of diets that either exclude or limit the consumption of animal products, thereby boosting the market for meat substitutes. In today's world, consumers are increasingly conscious of their health, driven by the rising incidence of obesity and diseases such as heart disease and diabetes. As a result, many are modifying their dietary choices and adopting healthier eating habits, which is expected to enhance the demand for meat alternatives. The growing awareness of the benefits of a vegan diet is a major factor driving the global demand for plant-based products. Additionally, the cholesterol-free protein offered by these products is another significant factor contributing to their widespread growth.

The substantial growth in the meat alternatives market is attributed to a combination of consumer concerns and the ability of manufacturers to deliver meat replacements with superior texture, flavor, and mouthfeel. Gen Z and Millennials are particularly driving demand in this industry, motivated by health concerns, climate change, and animal welfare. Many manufacturers are forming partnerships to expand their offerings in this category. For example, Next Meats, a Tokyo-based company, partnered with Vegan Meat India in December 2021 to introduce meat-free products to the Indian market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End Use
    2. Market Snapshot, By Distribution Channel Outlook
    3. Market Snapshot, By Region
  4. Global Mycoprotein Meat Substitute Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Sustainable Protein Sources
        2. Growing Popularity of Plant-Based Diets
      2. Restraints
        1. Consumer Awareness
        2. Limited Availability
      3. Opportunities
        1. Product Development
        2. Expansion into New Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Coriander Oil Market, By End Use, 2021 - 2031 (USD Million)
      1. Human Consumption
      2. Animal Feed
    2. Global Coriander Oil Market, By Distribution Channel Outlook , 2021 - 2031 (USD Million)
      1. Retail
      2. Food Service
    3. Global Coriander Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Marlow Foods Ltd
      2. YUTONG INDUSTRIAL CO. LIMITED
      3. SHOUGUANG FTL BIO. CO., LTD
      4. 3fbio Ltd
      5. Arla Foods
  7. Analyst Views
  8. Future Outlook of the Market