Middle East & Africa Plant-Based Meat Products Market Forecast to 2028

Report Code : BMIRE00025606 | Region : LAMEA | Industry : Food and Beverages | Published Date : 10/Aug/2022
Middle East & Africa Plant-Based Meat Products Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Patties, Nuggets, Meatballs, Sausages, and Others), Category (Frozen, Refrigerated, and Ambient), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

The MEA plant-based meat products market is expected to grow from US$ 138.15 million in 2021 to US$ 379.17 million by 2028; it is estimated to grow at a CAGR of 15.5% from 2021 to 2028

Plant-based meat is gaining huge traction across the MEA as consumers in the region are reducing their meat consumption to lead a sustainable and healthy life. To address the augmenting demand for plant-based meat, many companies are expanding their operations in the MEA. The expansion of VBites in the region would open significant growth opportunities for the company in the coming years. Thus, the surging demand for plant-based meat in emerging regions is expected to provide a strong market potential during the forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA plant-based meat products market in the coming years . The market is expected to grow at a good CAGR during the forecast period.

Exhibit: MEA Plant-based Meat Products Market Revenue and Forecast to 2028 (US$ Million)

MEA Plant-based Meat Products Market Segmentation

The MEA plant-based meat products Market is segmented based on by type, category, distribution channel, and country. Based on type, the MEA plant-based meat products Market is divided into patties, nuggets, meatballs, sausages, and others. The patties dominated the MEA plant-based meat products Market in 2020. Based on category, the MEA plant-based meat products Market is categorized into frozen, refrigerated, and ambient. The frozen segment dominated the MEA plant-based meat products Market in 2020. Based on distribution channel, the MEA plant-based meat products Market is categorized into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment dominated the MEA plant-based meat products Market in 2020. Based on country, the MEA plant-based meat products Market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. The Rest of MEA segment dominated the MEA plant-based meat products Market in 2020.

Kellogg’s Company, Tofurky, VBites Foods Ltd, Quorn, and Impossible Foods Inc. by Altair are among the leading companies in the MEA plant-based meat products market.

The List of Companies - Middle East and Africa Plant-Based Meat Products Market

● Kellogg’s Company

● Tofurky

● VBites Foods Ltd

● Quorn

● Impossible Foods Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. MEA Plant Based Meat Products Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

4.4 Value Chain Analysis

4.4.1 Raw Material

4.4.2 Manufacturing/Processing

4.4.3 Packaging

5. MEA Plant Based Meat Products Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Developing Importance of Environment Sustainability

5.1.2 Expanding Veganism and Vegetarianism Trends

5.2 Market Restraints

5.2.1 Product Price is High

5.3 Market Opportunities

5.3.1 Upsurging Demand in Emerging MEA Region

5.4 Future Trends

5.4.1 New Product Introduction

5.5 Impact Analysis of Drivers and Restraints

6. Plant Based Meat Products – MEA Market Analysis

6.1 MEA Plant Based Meat Products Market –Revenue and Forecast to 2028 (US$ Million)

7. MEA Plant Based Meat Products Market Analysis – By Type

7.1 Overview

7.2 MEA Plant Based Meat Products Market, By Type (2020 and 2028)

7.3 Patties

7.3.1 Overview

7.3.2 Patties: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Nuggets

7.4.1 Overview

7.4.2 Nuggets: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Meatballs

7.5.1 Overview

7.5.2 Meatballs: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Sausages

7.6.1 Overview

7.6.2 Sausages: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

8. MEA Plant Based Meat Products Market Analysis – By Category

8.1 Overview

8.2 MEA Plant Based Meat Products Market, By Category (2020 and 2028)

8.3 Frozen

8.3.1 Overview

8.3.2 Frozen: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Refrigerated

8.4.1 Overview

8.4.2 Refrigerated: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Ambient

8.5.1 Overview

8.5.2 Ambient: Plant Based Meat Products Market – Revenue and Forecast to 2028 (US$ Million)

9. MEA Plant Based Meat Products Market Analysis – By Distribution Channel

9.1 Overview

9.2 MEA Plant Based Meat Products Market, By Distribution Channel (2020 and 2028)

9.3 Supermarkets and Hypermarkets

9.3.1 Overview

9.3.2 Supermarkets and Hypermarkets: Plant Based Meat Products Market– Revenue and Forecast to 2028 (US$ Million)

9.4 Convenience Stores

9.4.1 Overview

9.4.2 Convenience Stores: Plant Based Meat Products Market– Revenue and Forecast to 2028 (US$ Million)

9.5 Online Retail

9.5.1 Overview

9.5.2 Online Retail: Plant Based Meat Products Market– Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Plant Based Meat Products Market– Revenue and Forecast to 2028 (US$ Million)

10. MEA Plant Based Meat Products Market – Country Analysis

10.1 Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028

10.1.1 MEA Plant Based Meat Products Market Breakdown, by Key Countries

10.1.1.1 South Africa Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.1.1 South Africa Plant Based Meat Products Market Breakdown by Type

10.1.1.1.2 South Africa Plant Based Meat Products Market Breakdown by Category

10.1.1.1.3 South Africa Plant Based Meat Products Market Breakdown by Distribution Channel

10.1.1.2 Saudi Arabia Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.2.1 Saudi Arabia Plant Based Meat Products Market Breakdown by Type

10.1.1.2.2 Saudi Arabia Plant Based Meat Products Market Breakdown by Category

10.1.1.2.3 Saudi Arabia Plant Based Meat Products Market Breakdown by Distribution Channel

10.1.1.3 UAE Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.3.1 UAE Plant Based Meat Products Market Breakdown by Type

10.1.1.3.2 UAE Plant Based Meat Products Market Breakdown by Category

10.1.1.3.3 UAE Plant Based Meat Products Market Breakdown by Distribution Channel

10.1.1.4 Rest of the Middle East & Africa Plant Based Meat Products Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.4.1 Rest of the Middle East & Africa Plant Based Meat Products Market Breakdown by Type

10.1.1.4.2 Rest of the Middle East & Africa Plant Based Meat Products Market Breakdown by Category

10.1.1.4.3 Rest of the Middle East & Africa Plant Based Meat Products Market Breakdown by Distribution Channel

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Kellogg's Company

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Tofurky

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 VBites Foods Ltd

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Quorn

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Impossible Foods Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             MEA Plant Based Meat Products Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             MEA Plant Based Meat Products Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 3.             MEA Plant Based Meat Products Market, by Category– Revenue and Forecast to 2028 (US$ Million)

Table 4.             MEA Plant Based Meat Products Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 5.             South Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 6.             South Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 7.             South Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 8.             Saudi Arabia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 9.             Saudi Arabia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 10.          Saudi Arabia Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 11.          UAE Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 12.          UAE Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 13.          UAE Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 14.          Rest of the Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 15.          Rest of the Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Category (US$ Million)

Table 16.          Rest of the Middle East & Africa Plant Based Meat Products Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 17.          List of Abbreviation

The List of Companies - Middle East and Africa Plant-Based Meat Products Market

● Kellogg’s Company

● Tofurky

● VBites Foods Ltd

● Quorn

● Impossible Foods Inc.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA plant based meat products Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the MEA plant based meat products Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the plant based meat products Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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