Middle East & Africa Meat Substitute Ingredients Market Forecast to 2030 – Regional Analysis – by Source (Soy, Wheat, Pea, Mycoprotein, and Others), Ingredient Type (Soy Protein, Pea Protein, Tempeh, Tofu, Seitan, and Others), and Application (Patties, Nuggets, Sausages, Meatballs, and Others)
The Middle East & Africa meat substitute ingredients market was valued at US$ 47.67 million in 2022 and is expected to reach US$ 70.71 million by 2030; it is estimated to record a CAGR of 5.1% from 2022 to 2030.
Growing Veganism Trend Bolsters Middle East & Africa Meat Substitute Ingredients Market
Several dieticians and health practitioners recommend reducing meat consumption and switching to a vegetarian diet to reduce the risks of chronic health issues, such as obesity, heart disease, hypertension, and digestive disorders.
According to Google Trends, veganism was one of the top five searched terms on Google in 2019 worldwide.
A report published by Veganuary (a nonprofit organization that encourages individuals worldwide to turn vegan for the whole month of January) states that ~5.8 million people signed up for the Veganuary Campaign in 2021. The figure below shows the global number of participants enrolled in the Veganuary Campaign during 2015–2021.
Registrations for the Veganuary Campaign from 2015 to 2021
Get more information on this report :
Source: Veganuary 2020 Campaign Review
As depicted in the figure, registrations for the Veganuary Campaign have increased dramatically in the past few years. The large shift toward vegetarianism and veganism is owing to increasing care for animals among the population, as people don’t want to see them suffer. Several people have become more aware of the impact of animal-based meat on the environment. This factor makes them more willing to adopt vegan food to reduce carbon emissions and combat climate change. However, many people are adopting a vegan diet due to the rising health consciousness. In addition, the number of flexitarians who consume less meat and are occasionally vegetarian is also on the rise.
Recently, the rising health concerns among people due to the increasing prevalence of obesity, diabetes, and other diseases are compelling people to change their dietary habits. Plant-based meat is generally perceived to be healthier than animal-based meat. The increasing adoption of veganism is also attributed to the empathy toward animals and awareness of the ill-treatment of animals in slaughterhouses and similar facilities, which has raised concerns about animal protection among consumers. These factors are boosting the demand for meat substitute ingredients such as soy protein, pea protein, tofu, and tempeh. Thus, surging veganism across the globe is expected to create new trends in the meat substitute ingredients market.
Middle East & Africa Meat Substitute Ingredients Market Overview
The growing consumer preference for a plant-based diet due to the rising adoption of a vegan lifestyle and exposure to Westernized dietary trends aids to increasing demand for meat substitute products in the region. Additionally, the benefits of cholesterol-free protein, with a meat-like texture, are key factors promoting the demand for plant-based meat. Furthermore, one of the important elements encouraging the growth of the plant-based meat products industry is the benefits of cholesterol-free protein with a meat-like texture. Consumers believe that these alternative products pose no challenges to the environment and contribute to animal welfare. Furthermore, the functional efficacy and high sustainability claims associated with plant-derived products propel the meat substitute ingredients market in the Middle East & Africa.
The key manufacturers in the market are expanding their businesses in the Middle East & Africa. For instance, in January 2022, Kerry Group, a major taste and nutrition company, opened a new 21,500-square-foot state-of-the-art facility in Jeddah, Saudi Arabia. The company has invested more than US$ 89 million in the region, and this new facility produces great-tasting, nutritious, and sustainable meat substitute ingredients, including plant-based proteins, and distributes ingredients throughout the Middle East. Such expansion strategies by manufacturers in the region boost the demand for meat-substitute ingredients, thereby positively influencing market growth.
Middle East & Africa Meat Substitute Ingredients Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Meat Substitute Ingredients Market Segmentation
The Middle East & Africa meat substitute ingredients market is categorized into source, ingredients type, application, and country.
Based on source, the Middle East & Africa meat substitute ingredients market is categorized into Soy, wheat, pea, mycoprotein, and others. The soy segment held the largest market share in 2022.
Based on ingredients, the Middle East & Africa meat substitute ingredients market is segmented into soy protein, pea protein, tempeh, tofu, seitan, and others. The soy protein segment held the largest market share in 2022.
In terms of application, the Middle East & Africa meat substitute ingredients market is categorized into patties, nuggets, sausages, meatballs, and others. The others segment held the largest market share in 2022.
By country, the Middle East & Africa meat substitute ingredients market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa meat substitute ingredients market share in 2022.
DuPont de Neumours Inc, Ingredion Inc, Wilmar International Ltd, Archer Daniels Midkland Co, and Kerry Group Plc are some of the leading companies operating in the Middle East & Africa meat substitute ingredients market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Meat Substitute Ingredients Market Landscape
4.1 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 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 Application
5. Middle East & Africa Meat Substitute Ingredients Market – Key Market Dynamics
5.1 Meat Substitute Ingredients Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Demand for Plant-Based Meat
5.2.2 Strategic Development Initiatives by Key Market Players
5.3 Market Restraints
5.3.1 Flavor Challenges Associated with Plant-Based Protein
5.4 Market Opportunities
5.4.1 Government Initiatives to Promote Consumption of Meat Alternative Products
5.5 Future Trends
5.5.1 Growing Veganism Trend
5.6 Impact of Drivers and Restraints:
6. Meat Substitute Ingredients Market – Middle East & Africa Market Analysis
6.1 Meat Substitute Ingredients Market Revenue (US$ Million), 2020–2030
6.2 Meat Substitute Ingredients Market Forecast Analysis
7. Middle East & Africa Meat Substitute Ingredients Market Analysis – by Source
7.1 Soy
7.1.1 Overview
7.1.2 Soy: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Wheat
7.2.1 Overview
7.2.2 Wheat: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Pea
7.3.1 Overview
7.3.2 Pea: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Mycoprotein
7.4.1 Overview
7.4.2 Mycoprotein: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Meat Substitute Ingredients Market Analysis – by Ingredient Type
8.1 Soy Protein
8.1.1 Overview
8.1.2 Soy Protein: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Pea Protein
8.2.1 Overview
8.2.2 Pea Protein: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Tempeh
8.3.1 Overview
8.3.2 Tempeh: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Tofu
8.4.1 Overview
8.4.2 Tofu: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Seitan
8.5.1 Overview
8.5.2 Seitan: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Meat Substitute Ingredients Market Analysis – by Application
9.1 Patties
9.1.1 Overview
9.1.2 Patties: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Nuggets
9.2.1 Overview
9.2.2 Nuggets: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Sausages
9.3.1 Overview
9.3.2 Sausages: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Meatballs
9.4.1 Overview
9.4.2 Meatballs: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
10. Middle East & Africa Meat Substitute Ingredients Market – Country Analysis
10.1 Middle East & Africa Market: Overview
10.1.1 Middle East & Africa: Meat Substitute Ingredients Market – Revenue and Forecast Analysis – by Country
10.1.1.1 Middle East & Africa: Meat Substitute Ingredients Market – Revenue and Forecast Analysis – by Country
10.1.1.2 Saudi Arabia: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Saudi Arabia: Meat Substitute Ingredients Market Breakdown, by Source
10.1.1.2.2 Saudi Arabia: Meat Substitute Ingredients Market Breakdown, by Ingredient Type
10.1.1.2.3 Saudi Arabia: Meat Substitute Ingredients Market Breakdown, by Application
10.1.1.3 United Arab Emirates: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 United Arab Emirates: Meat Substitute Ingredients Market Breakdown, by Source
10.1.1.3.2 United Arab Emirates: Meat Substitute Ingredients Market Breakdown, by Ingredient Type
10.1.1.3.3 United Arab Emirates: Meat Substitute Ingredients Market Breakdown, by Application
10.1.1.4 South Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 South Africa: Meat Substitute Ingredients Market Breakdown, by Source
10.1.1.4.2 South Africa: Meat Substitute Ingredients Market Breakdown, by Ingredient Type
10.1.1.4.3 South Africa: Meat Substitute Ingredients Market Breakdown, by Application
10.1.1.5 Rest of Middle East and Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 Rest of Middle East and Africa: Meat Substitute Ingredients Market Breakdown, by Source
10.1.1.5.2 Rest of Middle East and Africa: Meat Substitute Ingredients Market Breakdown, by Ingredient Type
10.1.1.5.3 Rest of Middle East and Africa: Meat Substitute Ingredients Market Breakdown, by Application
11. Industry Landscape
11.1 Overview
11.2 Expansion
11.3 New Product Development
11.4 Merger and Acquisition
11.5 Partnerships
12. Company Profiles
12.1 DuPont de Nemours Inc
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 Ingredion Inc
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 Wilmar International 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 Archer-Daniels-Midland Co
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 Kerry Group Plc
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
List of Tables
Table 1. Meat Substitute Ingredients Market Segmentation
Table 2. Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Source
Table 4. Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Ingredient Type
Table 5. Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 6. Middle East and Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 7. Saudi Arabia: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Source
Table 8. Saudi Arabia: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Ingredient Type
Table 9. Saudi Arabia: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 10. United Arab Emirates: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Source
Table 11. United Arab Emirates: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Ingredient Type
Table 12. United Arab Emirates: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 13. South Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Source
Table 14. South Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Ingredient Type
Table 15. South Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 16. Rest of Middle East and Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Source
Table 17. Rest of Middle East and Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Ingredient Type
Table 18. Rest of Middle East and Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million) – by Application
List of Figures
Figure 1. Meat Substitute Ingredients Market Segmentation, by Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Meat Substitute Ingredients Market
Figure 4. Registrations for the Veganuary Campaign from 2015 to 2021
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Meat Substitute Ingredients Market Revenue (US$ Million), 2020–2030
Figure 7. Meat Substitute Ingredients Market Share (%) – by Source (2022 and 2030)
Figure 8. Soy: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Wheat: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Pea: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Mycoprotein: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Meat Substitute Ingredients Market Share (%) – by Ingredient Type (2022 and 2030)
Figure 14. Soy Protein: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Pea Protein: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Tempeh: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Tofu: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Seitan: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Others: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Meat Substitute Ingredients Market Share (%) – by Application (2022 and 2030)
Figure 21. Patties: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Nuggets: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Sausages: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Meatballs: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Others: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Middle East and Africa: Meat Substitute Ingredients Market, by Key Country – Revenue (2022) (US$ Million)
Figure 27. Middle East and Africa: Meat Substitute Ingredients Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 28. Saudi Arabia: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 29. United Arab Emirates: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 30. South Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
Figure 31. Rest of Middle East and Africa: Meat Substitute Ingredients Market – Revenue and Forecast to 2030 (US$ Million)
- DuPont de Neumours Inc
- Ingredion Inc
- Wilmar International Ltd
- Archer Daniels Midkland Co
- Kerry Group Plc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa meat substitute ingredients market.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa meat substitute ingredients market, as well as those hindering it.
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