High Availability of Wheat is Encouraging Manufacturers to Incorporate it in the Production of Meat Substitutes
The meat substitutes market is poised for significant growth during the forecast period. In 2021, the market reached a value of USD 1,889.1 million, and it is projected to reach USD 4,041.3 million by 2027, with a compound annual growth rate (CAGR) of 13.5%. The increasing consumer concerns about health, rising obesity rates, and the growing popularity of plant-based meat products are driving the demand for meat substitutes. Download PDF Brochure One notable trend in the market is the high availability of wheat as a raw material, which is encouraging manufacturers to incorporate it into the production of meat substitutes. Wheat is one of the most widely consumed cereal grains globally. Its protein content is low in fat, making it a preferred choice for manufacturers of low-fat, high-protein foods in response to the increasing demand for low-fat diets. Wheat protein also serves as a binder in various meat substitutes such as meatballs, meatloaf, and veggie burgers. The plant-based ...