Meat Substitutes Market - Forecast(2021 - 2026)
Meat Substitutes Market Overview: The United Nations Environment has identified meat as one of the most disquieting concerns for the world to tackle because our use of animals as a food production technology has put the world in a precarious situation, and it can have catastrophic ramifications. This particularly attributes to the destructive impact the animal agriculture has on the environment that exceeds the impact caused by any other technologies. Apparently, meat substitutes are identified as a revolutionary solution that can ameliorate the formidable perils caused by the exuded meat consumption across the globe, which is stroking the meat substitutes market that was valued at around $4.5 billion to $4.8 billion in 2018. Furthermore, the analyst estimates the demand for meat substitutes, globally, to rise with a healthy CAGR of 6.1% to 6.6% during the forecast period of 2019 to 2025. According to IFIS Food and Health Information, there is a palpable rise in the popularity of m