Meat Substitutes Market Will Progress At A CAGR Of 7.5% during the Forecast Period
Industry Insights The global Meat Substitutes Market size is estimated to reach USD 5.81 billion by 2022, progressing at a CAGR of 7.5% during the forecast period. Meat is an excellent source of protein, but it also contains large quantities of saturated fats and cholesterol. People consuming meat on a daily basis are more prone to health related problems such as atherosclerosis and obesity. Increasing consciousness about personal health and shift in dietary preference towards vegan diet are expected to propel the meat substitutes market over the upcoming period. The rise in demand for a healthy source of proteins and plant-based nutrients is the primary driving force of the market. Growing health problems such as high blood pressure, heart disease, asthma, diabetes and increasing number of people suffering from obesity all around the globe have led to more and more number of individuals becoming health conscious. The increasing health concerns about consumption of me...