Middle East & Africa Meat Substitutes Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$882.5

Forecast, 2030 (US$M)

$12,671.5

CAGR, 2024 - 2030

46.3%

Report Coverage

Middle East & Africa

Middle East & Africa meat substitutes market, 2017-2030 (US$M)

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Europe Meat Substitutes Market Outlook

Germany Meat Substitutes Market Outlook

UK Meat Substitutes Market Outlook

Asia Pacific Meat Substitutes Market Outlook

China Meat Substitutes Market Outlook

Australia Meat Substitutes Market Outlook

Latin America Meat Substitutes Market Outlook

Brazil Meat Substitutes Market Outlook

MEA meat substitutes market highlights

The MEA meat substitutes market generated a revenue of USD 882.5 million in 2023.
The market is expected to grow at a CAGR of 46.3% from 2024 to 2030.
In terms of segment, plant-based protein was the largest revenue generating source in 2023.
Mycoprotein is the most lucrative source segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023	USD 882.5 million
Market revenue in 2030	USD 12,671.5 million
Growth rate	46.3% (CAGR from 2023 to 2030)
Largest segment	Plant-based protein
Fastest growing segment	Mycoprotein
Historical data covered	2017 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Plant-based Protein, Mycoprotein, Soy-based
Key market players worldwide	Beyond Meat Inc, Monde Nissin Corp Ordinary Shares, WK Kellogg Co, Unilever PLC, Tyson Foods Inc Class A, Amy's Kitchen, Impossible Foods, Meatless, VBites, Sunfed Meats

Other key industry trends

In terms of revenue, MEA region accounted for 4.7% of the global meat substitutes market in 2023.
Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 55,378.9 million by 2030.

Key Regions: U.S. , UK , Brazil , Canada , Mexico

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Meat Substitutes Market Scope

Meat substitutes market segmentation & scope

Source

Plant-based Protein

Mycoprotein

Soy-based

Others

Distribution Channel

Retail

Foodservice

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Germany

China

Australia

Brazil

Meat Substitutes Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa meat substitutes market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to meat substitutes market will help companies and investors design strategic landscapes.

Plant-based protein was the largest segment with a revenue share of 68.12% in 2023. Horizon Databook has segmented the Middle East & Africa meat substitutes market based on plant-based protein, mycoprotein, soy-based covering the revenue growth of each sub-segment from 2017 to 2030.

Middle East & Africa Meat Substitutes Source Outlook (Revenue, USD Million, 2017-2030)
- Plant-based Protein
- Mycoprotein
- Soy-based
- Others
Middle East & Africa Meat Substitutes Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Retail
- Foodservice

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa meat substitutes market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa meat substitutes market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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