India Meat Substitutes Market Size
Icons | Lable | Value |
---|---|---|
Study Period | 2017 - 2029 | |
Market Size (2024) | USD 355.85 Million | |
Market Size (2029) | USD 651.85 Million | |
Largest Share by Type | Textured Vegetable Protein | |
CAGR (2024 - 2029) | 12.87 % | |
Fastest Growing by Type | Tempeh | |
Market Concentration | Low | |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
India Meat Substitutes Market Analysis
The India Meat Substitutes Market size is estimated at 355.85 million USD in 2024, and is expected to reach 651.85 million USD by 2029, growing at a CAGR of 12.87% during the forecast period (2024-2029).
355.85 Million
Market Size in 2024 (USD)
651.85 Million
Market Size in 2029 (USD)
11.45 %
CAGR (2017-2023)
12.87 %
CAGR (2024-2029)
Largest Segment by Type
65.71 %
value share, Textured Vegetable Protein, 2023
The rising trend toward a more nutrient-dense diet based in an environmentally responsible way and increasing product availability is boosting sales.
Largest Segment by Distribution Channel
57.80 %
value share, On-Trade, 2023
As the information sector scales online in India, people are becoming aware of the concepts of veganism and plant-based diets, with digital marketing driving this progress.
Fastest-growing Segment by Type
14.19 %
Projected CAGR, Tempeh, 2024-2029
India has a very large supply of soybeans, which promotes tempeh manufacturing across the country and encourages innovations with other legumes in the segment.
Fastest-growing Segment by Distribution Channel
13.16 %
Projected CAGR, On-Trade, 2024-2029
Plant-based meat in India is an emerging trend, predominantly in the food service space, and textured vegetable protein is the most consumed meat substitute.
Leading Market Player
3.22 %
market share, Impossible Foods Inc., 2022
The company has well-established distribution networks and partnerships with retail channels and food service outlets and maintains effective marketing and branding strategies.
- Textured vegetable protein is the major type of meat substitute consumed in India. It registered a growth of 35.38%, by value, from 2018 to 2021. Consumers in India have a long history of consuming soybeans and pulses for protein and view TVP meat substitutes as highly innovative, trendy, and healthy products. There is an increasing number of soy-based food producers in the nation who are witnessing increased opportunities and plan to expand their selection of soy protein products.
- Tempeh is the fastest-growing type in the Indian meat substitute market. It is projected to register a growth of 16.19%, by value, in the forecast period. Tempeh is a fermented food product that fits the functional food category and caters to the rapidly growing consumer interest in healthy living and eating. The Tempeh Today concept will be rolled out across India in the coming years. It hopes to have at least 100 Small Fermentation Units (SFUs) in operation by 2025. Tempeh Today hopes to eventually produce a total of 10,000 ton of tempeh a year to give the Indian diet a healthy and sustainable protein boost.
- The Indian meat substitute market is growing rapidly, eight alternate meat startups were launched during 2019鈥20, and five international and domestic players forayed into this segment during 2020鈥21. India has emerged as the largest consumer base in the world, with 63% of Indians either "very" or "extremely likely" to buy plant-based meat daily. Moreover, key initiatives have been taken by the government to support the meat substitute food processing sector, such as the Ministry of Health and Family Welfare's establishment of Eat Right India, which aims to help people in developing healthy choices and implement a sustainable diet utilizing plant-based substitutes to fight climate change.
India Meat Substitutes Market Trends
- The average price for tempeh in India saw a 0.72% growth during the period studied. The price rose from USD 7.53/ kg in 2018 to USD 7.64/ kg in 2020. One of the primary reasons for this price increase was the increasing price of soybean. India is largely self-sufficient in soybean production and mostly relies on domestically produced crops. In 2019-20, India produced 11.22 million ton of soybeans over an area of 11.34 million hectares (28.02 million acres). The major soybean-growing states are Madhya Pradesh, Maharashtra, Rajasthan, Karnataka, and Telangana. Soybean prices vary from state to state, with the highest price recorded in Maharashtra, which was USD 122 per quintal in August 2021. The lowest price in 2021 was recorded in Telangana, where the soybean price was USD 74.65 per quintal.
- To support the plant-based meat substitutes market's growth, India has also had to import soybean in recent years. India imported only 242 ton of soybean seeds in 2018. However, the following year, 10,641.64 ton of soybean seeds were imported into the country, registering a 4,297% increase. This demand continued into the next year, with imports amounting to 10,137.85 ton in 2020.
- The price for tempeh in India is projected to reach USD 8.08 per kg by 2028. The demand for tempeh is expected to increase in the region as more people shift to plant-based diets. India already has a large population of vegetarians. Tempeh is also considered a suitable alternative to the widely-consumed food ingredient, paneer. Tempeh has a very good nutritional profile as it contains 20 g of protein and only 193 calories per 100 g.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- High dependency on soybeans restricts manufacturers from having a hold on the prices
India Meat Substitutes Industry Overview
The India Meat Substitutes Market is fragmented, with the top five companies occupying 8.46%. The major players in this market are Ahimsa Food, Beyond Meat Inc., GoodDot Enterprises Private Limited, Imagine Foods Pvt. Ltd and Impossible Foods Inc. (sorted alphabetically).
India Meat Substitutes Market Leaders
Ahimsa Food
Beyond Meat Inc.
GoodDot Enterprises Private Limited
Imagine Foods Pvt. Ltd
Impossible Foods Inc.
Other important companies include Ai' Premium Tofu Mfg Co. LLC, Morinaga Milk Industry Co. Ltd, Vezlay Foods Private Limited.
*Disclaimer: Major Players sorted in alphabetical order.
India Meat Substitutes Market News
- February 2023: Impossible Foods鈥 introduced a new plant-based chicken products line-up.
- October 2022: Allana Consumer Products has partnered with Beyond Meat Inc.to distribute Beyond plant based Meat's range of beyond burger, meatballs, sausages, minced meat throughout the India.
- June 2022: Coffee chain Tata Starbucks has tied up with plant-based food company Imagine Meats to sell vegan food in India.
Free with this Report
We offer a comprehensive and exhaustive set of data pointers. These cover global, regional, and country-level metrics that illustrate the fundamentals of the meat and meat substitutes industry. Clients can access in-depth market analysis through 45+ free charts. This analysis is based on the production of various meat and seafood types, as well as the prices of meat, meat substitutes, and different seafood types. We provide granular-level segmental information, supported by a repository of market data, trends, and expert analysis. Data and analysis on meat types, seafood types, meat substitute types, forms, distribution channels, and more are available. These are provided in the form of comprehensive reports as well as Excel-based data worksheets.
India Meat Substitutes Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Price Trends
2.1.1. Tempeh
2.1.2. Textured Vegetable Protein
2.1.3. Tofu
2.2. Regulatory Framework
2.2.1. India
2.3. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)
3.1. Type
3.1.1. Tempeh
3.1.2. Textured Vegetable Protein
3.1.3. Tofu
3.1.4. Other Meat Substitutes
3.2. Distribution Channel
3.2.1. Off-Trade
3.2.1.1. Convenience Stores
3.2.1.2. Online Channel
3.2.1.3. Supermarkets and Hypermarkets
3.2.1.4. Others
3.2.2. On-Trade
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
4.4.1. Ahimsa Food
4.4.2. Ai' Premium Tofu Mfg Co. LLC
4.4.3. Beyond Meat Inc.
4.4.4. GoodDot Enterprises Private Limited
4.4.5. Imagine Foods Pvt. Ltd
4.4.6. Impossible Foods Inc.
4.4.7. Morinaga Milk Industry Co. Ltd
4.4.8. Vezlay Foods Private Limited
5. KEY STRATEGIC QUESTIONS FOR MEAT SUBSTITUTES INDUSTRY CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- TEMPEH PRICE PER METRIC TON, USD, INDIA, 2017 - 2023
- Figure 2:
- TEXTURED VEGETABLE PROTEIN PRICE PER METRIC TON, USD, INDIA, 2017 - 2023
- Figure 3:
- TOFU PRICE PER METRIC TON, USD, INDIA, 2017 - 2023
- Figure 4:
- VOLUME OF MEAT SUBSTITUTES MARKET, METRIC TONS, INDIA, 2017 - 2029
- Figure 5:
- VALUE OF MEAT SUBSTITUTES MARKET, USD, INDIA, 2017 - 2029
- Figure 6:
- VOLUME OF MEAT SUBSTITUTES MARKET BY TYPE, METRIC TONS, INDIA, 2017 - 2029
- Figure 7:
- VALUE OF MEAT SUBSTITUTES MARKET BY TYPE, USD, INDIA, 2017 - 2029
- Figure 8:
- VOLUME SHARE OF MEAT SUBSTITUTES MARKET SPLIT BY TYPE, %, INDIA, 2017 VS 2023 VS 2029
- Figure 9:
- VALUE SHARE OF MEAT SUBSTITUTES MARKET SPLIT BY TYPE, %, INDIA, 2017 VS 2023 VS 2029
- Figure 10:
- VOLUME OF TEMPEH MARKET, METRIC TONS, INDIA, 2017 - 2029
- Figure 11:
- VALUE OF TEMPEH MARKET, USD, INDIA, 2017 - 2029
- Figure 12:
- VALUE SHARE OF TEMPEH MEAT SUBSTITUTES MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2022 VS 2029
- Figure 13:
- VOLUME OF TEXTURED VEGETABLE PROTEIN MARKET, METRIC TONS, INDIA, 2017 - 2029
- Figure 14:
- VALUE OF TEXTURED VEGETABLE PROTEIN MARKET, USD, INDIA, 2017 - 2029
- Figure 15:
- VALUE SHARE OF TEXTURED VEGETABLE PROTEIN MEAT SUBSTITUTES MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2022 VS 2029
- Figure 16:
- VOLUME OF TOFU MARKET, METRIC TONS, INDIA, 2017 - 2029
- Figure 17:
- VALUE OF TOFU MARKET, USD, INDIA, 2017 - 2029
- Figure 18:
- VALUE SHARE OF TOFU MEAT SUBSTITUTES MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2022 VS 2029
- Figure 19:
- VOLUME OF OTHER MEAT SUBSTITUTES MARKET, METRIC TONS, INDIA, 2017 - 2029
- Figure 20:
- VALUE OF OTHER MEAT SUBSTITUTES MARKET, USD, INDIA, 2017 - 2029
- Figure 21:
- VALUE SHARE OF OTHER MEAT SUBSTITUTES MEAT SUBSTITUTES MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2022 VS 2029
- Figure 22:
- VOLUME OF MEAT SUBSTITUTES MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, INDIA, 2017 - 2029
- Figure 23:
- VALUE OF MEAT SUBSTITUTES MARKET BY DISTRIBUTION CHANNEL, USD, INDIA, 2017 - 2029
- Figure 24:
- VOLUME SHARE OF MEAT SUBSTITUTES MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2017 VS 2023 VS 2029
- Figure 25:
- VALUE SHARE OF MEAT SUBSTITUTES MARKET SPLIT BY DISTRIBUTION CHANNEL, %, INDIA, 2017 VS 2023 VS 2029
- Figure 26:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA OFF-TRADE, METRIC TONS, INDIA, 2017 - 2029
- Figure 27:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA OFF-TRADE, USD, INDIA, 2017 - 2029
- Figure 28:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA OFF-TRADE CHANNELS, %, INDIA, 2017 VS 2023 VS 2029
- Figure 29:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA OFF-TRADE CHANNELS, %, INDIA, 2017 VS 2023 VS 2029
- Figure 30:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA CONVENIENCE STORES, METRIC TONS, INDIA, 2017 - 2029
- Figure 31:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA CONVENIENCE STORES, USD, INDIA, 2017 - 2029
- Figure 32:
- VALUE SHARE OF MEAT SUBSTITUTES MARKET SOLD VIA CONVENIENCE STORES SPLIT BY TYPE, %, INDIA, 2022 VS 2029
- Figure 33:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA ONLINE CHANNEL, METRIC TONS, INDIA, 2017 - 2029
- Figure 34:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA ONLINE CHANNEL, USD, INDIA, 2017 - 2029
- Figure 35:
- VALUE SHARE OF MEAT SUBSTITUTES MARKET SOLD VIA ONLINE CHANNEL SPLIT BY TYPE, %, INDIA, 2022 VS 2029
- Figure 36:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, METRIC TONS, INDIA, 2017 - 2029
- Figure 37:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, USD, INDIA, 2017 - 2029
- Figure 38:
- VALUE SHARE OF MEAT SUBSTITUTES MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS SPLIT BY TYPE, %, INDIA, 2022 VS 2029
- Figure 39:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA OTHERS, METRIC TONS, INDIA, 2017 - 2029
- Figure 40:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA OTHERS, USD, INDIA, 2017 - 2029
- Figure 41:
- VALUE SHARE OF MEAT SUBSTITUTES MARKET SOLD VIA OTHERS SPLIT BY TYPE, %, INDIA, 2022 VS 2029
- Figure 42:
- VOLUME OF MEAT SUBSTITUTES MARKET SOLD VIA ON-TRADE, METRIC TONS, INDIA, 2017 - 2029
- Figure 43:
- VALUE OF MEAT SUBSTITUTES MARKET SOLD VIA ON-TRADE, USD, INDIA, 2017 - 2029
- Figure 44:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, INDIA, 2020 - 2023
- Figure 45:
- MOST ADOPTED STRATEGIES, COUNT, INDIA, 2020 - 2023
- Figure 46:
- VALUE SHARE OF MAJOR PLAYERS, %, INDIA, 2022
India Meat Substitutes Industry Segmentation
Tempeh, Textured Vegetable Protein, Tofu are covered as segments by Type. Off-Trade, On-Trade are covered as segments by Distribution Channel.
- Textured vegetable protein is the major type of meat substitute consumed in India. It registered a growth of 35.38%, by value, from 2018 to 2021. Consumers in India have a long history of consuming soybeans and pulses for protein and view TVP meat substitutes as highly innovative, trendy, and healthy products. There is an increasing number of soy-based food producers in the nation who are witnessing increased opportunities and plan to expand their selection of soy protein products.
- Tempeh is the fastest-growing type in the Indian meat substitute market. It is projected to register a growth of 16.19%, by value, in the forecast period. Tempeh is a fermented food product that fits the functional food category and caters to the rapidly growing consumer interest in healthy living and eating. The Tempeh Today concept will be rolled out across India in the coming years. It hopes to have at least 100 Small Fermentation Units (SFUs) in operation by 2025. Tempeh Today hopes to eventually produce a total of 10,000 ton of tempeh a year to give the Indian diet a healthy and sustainable protein boost.
- The Indian meat substitute market is growing rapidly, eight alternate meat startups were launched during 2019鈥20, and five international and domestic players forayed into this segment during 2020鈥21. India has emerged as the largest consumer base in the world, with 63% of Indians either "very" or "extremely likely" to buy plant-based meat daily. Moreover, key initiatives have been taken by the government to support the meat substitute food processing sector, such as the Ministry of Health and Family Welfare's establishment of Eat Right India, which aims to help people in developing healthy choices and implement a sustainable diet utilizing plant-based substitutes to fight climate change.
Type | |
Tempeh | |
Textured Vegetable Protein | |
Tofu | |
Other Meat Substitutes |
Distribution Channel | ||||||
| ||||||
On-Trade |
Market Definition
- Meat Substitutes - It is a food product made from vegetarian or vegan ingredients, eaten as a replacement for meat. Meat substitutes typically approximate qualities of specific types of meat, such as mouthfeel, flavor, appearance, or chemical characteristics.鈥
- Tempeh - It is a high protein Asian food prepared by fermenting soybeans with a Rhizopus.鈥
- Textured Vegetable Protein - Food items made from consumable protein sources like soybean, pea, wheat, hemp, etc., are known as textured vegetable proteins. Each unit will withstand hydration during cooking and other processes used in preparing the food for consumption because it has structural integrity and a distinguishable texture.鈥
- Tofu - Tofu is a soft food product prepared by treating soybean milk with coagulants.鈥
Keyword | Definition |
---|---|
A5 | It is a Japanese grading system for beef. The 'A' means the carcass yield is the highest possible and the numeric rating relates to beef marbling, color and brightness of the flesh, its texture and color, luster, and fat quality. A5 is the highest mark wagyu beef can score. |
Abbatoir | It is another name for a slaughterhouse and refers to the premise used for or in connection with the slaughter of animals whose meat is intended for human consumption. |
Acute Hepatopancreatic Necrosis Disease (AHPND) | It is a disease that affects shrimp and is characterized by high mortalities, in many cases reaching 100% within 30-35 days of stocking grow-out ponds. |
African Swine Fever (ASF) | It is a highly contagious viral disease of pigs caused by a double-stranded DNA virus in the Asfarviridae family. |
Albacore Tuna | It is one of the smallest species of tuna found in the six distinct stocks known globally in the Atlantic, Pacific, and Indian oceans, as well as the Mediterranean Sea. |
Angus beef | It is beef derived from a specific breed of cattle indigenous to Scotland. It requires certification from the American Angus Association to receive the "Certified Angus Beef" quality mark |
Bacon | It is salted or smoked meat that comes from the back or sides of a pig |
Black Angus | It is beef derived from a black-hided breed of cows that don't have horns. |
Bologna | It is an Italian smoked sausage made of meat, typically large and made from pork, beef or veal. |
Bovine spongiform encephalopathy (BSE) | It is a progressive neurological disorder of cattle that results from infection by an unusual transmissible agent called a prion. |
Bratwurst | It refers to a type of German sausage made from pork, beef or veal. |
BRC | British Retail Consortium |
Brisket | It is a cut of meat from the breast or lower chest of beef or veal. The beef brisket is one of the nine beef primal cuts. |
Broiler | It refers to any chicken (Gallus domesticus) that is bred and raised specifically for meat production. |
Bushel | It is a unit of measurement for grains and pulses. 1 bushel = 27.216 kg |
Carcass | It refers to the dressed body of a meat animal from which butchers trim the meat |
CFIA | Canadian Food Inspection Agency |
Chicken Tender | It refers to chicken meat prepared from the pectoralis minor muscles of a chicken bird. |
Chuck Steak | It refers to a cut of beef that is part of the chuck primal, which is a large section of meat from the shoulder area of a cow |
Corned Beef | It refers to beef brisket cured in brine and boiled, typically served cold. |
CWT | Also known as a hundredweight, it is a unit of measurement used to define the quantity of meat. 1 CWT = 50.80 kg |
Drumstick | It refers to a chicken leg without the thigh. |
EFSA | European Food Safety Authority |
ERS | Economic Research Service of the USDA |
Ewe | It is an adult female sheep. |
FDA | Food and Drug Administration |
Fillet Mignon | It is a cut of meat taken from the smaller end of the tenderloin. |
Flank Steak | It is a cut of beef steak taken from the flank, which lies forward of the rear quarter of a cow. |
Foodservice | It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. |
Forage | It refers to animal feed. |
Foreshank | It is the upper part of the foreleg of cattle |
Franks | Also known as frankfurter or W眉rstchen, it is a type of highly seasoned smoked sausage popular in Austria and Germany. |
FSANZ | Food Standards Australia New Zealand |
FSIS | Food Safety and Inspection Service |
FSSAI | Food Safety and Standards Authority of India |
Gizzard | It refers to an organ found in the digestive tract of birds. It is also called the mechanical stomach of a bird. |
Gluten | It is a family of proteins found in grains, including wheat, rye, spelt, and barley |
Grain-fed beef | It is beef derived from cattle that have been fed a diet supplemented with soy and corn and other additives. Grainfed cows can also be given antibiotics and growth hormones to fatten them up more quickly. |
Grass-fed beef | It is beef derived from cattle that have only been fed grass as feed. |
Ham | It refers to the pork meat taken from the leg of a pig. |
HoReCa | Hotels, Restaurants and Cafes |
Jerky | It is lean trimmed meat that has been cut into strips and dried (dehydrated) to prevent spoilage. |
Kobe Beef | It is Wagyu beef specifically from the Kuroge Washu breed of cows in Japan. To be classified as Kobe beef, the cow must have been born, raised, and slaughtered within the Hy艒go prefecture in the city of Kobe in Japan. |
Liverwurst | It is type of German sausage made from beef or pork liver. |
Loin | It refers to the sides between the lower ribs and pelvis, and the lower part of the back of a cow. |
Mortadella | It is a large Italian sausage or luncheon meat made of finely hashed or ground heat-cured pork, which incorporates at least 15% small cubes of pork fat. |
Pastrami | It refers to a highly seasoned smoked beef, typically served in thin slices. |
Pepperoni | It is an American variety of spicy salami made from cured meat. |
Plate | It refers to a forequarter cut from the belly of a cow, just below the rib cut. |
Porcine reproductive and respiratory syndrome (PRRS) | It is a disease occurring in swine causing late-term reproductive failure and severe pneumonia in neonatal pigs. |
Primal cuts | It refers to the major sections of the carcass. |
Quorn | It is a meat substitute product prepared using mycoprotein as an ingredient, in which the fungus culture is dried and mixed with egg albumen or potato protein, which acts as a binder, and then is adjusted in texture and pressed into various forms. |
Ready-to-Cook (RTC) | It refers to food products that include all of the ingredients, where some preparation or cooking is required through a process that is given on the package. |
Ready-to-Eat (RTE) | It refers to a food product prepared or cooked in advance, with no further cooking or preparation required before being eaten |
Retort Packaging | It is a process of aseptic packaging food in which food is filled into a pouch or metal can, sealed, and then heated to extremely high temperatures, rendering the product commercially sterile. |
Round Steak | It refers to a beef steak from the the rear leg of the cow. |
Rump Steak | It refers to a cut of beef derived from the division between the leg and the chine. |
Salami | It is a cured sausage consisting of fermented and air-dried meat. |
Saturated fat | It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy. |
Sausage | It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing. |
Scallop | It is an edible shellfish that is a mollusk with a ribbed shell in two parts. |
Seitan | It is a plant-based meat substitute made out of wheat gluten. |
Self-service kios | It refers to a self-order point-of-sale (POS) system through which customers place and pay for their own orders at kiosks, enabling totally contactless and frictionless service. |
Sirloin | It is a cut of beef from the bottom and side parts of a cow's back. |
Surimi | It is a paste made from deboned fish |
Tenderloin | It refers to a cut of beef consisting of the entire tenderloin muscle of a cow |
Tiger Shrimp | It refers to a large shrimp variety from the Indian and Pacific oceans |
Trans fat | Also called trans-unsaturated fatty acids or trans fatty acids, it is a type of unsaturated fat that naturally occurs in small amounts in meat. |
Vannamei shrimp | It refers to tropical prawns and shrimp that are farmed in areas near the equator, generally along the coast in artificial ponds. |
Wagyu Bee | It is beef derived from any of four strains of a breed of black or red Japanese cattle that are valued for their highly marbled meat. |
Zoosanitary | It refers to the cleanliness of animals or animal product |
Research Methodology
糖心vlog传媒 follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.鈥
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.鈥
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.鈥
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.