Seitan is basically a popular vegetarian meat alternative prepared from hydrated gluten and is the key protein present in the wheat. The product comprises minerals & proteins as well as fats & low carbs, which mainly helps in making it nutritious. It has a neutral taste, along it allows taking the flavor of many seasonings along with integrating it into any diet.
MARKET DYNAMICS
The seitan market has witnessed significant growth owing to factors such as growing consumer shift toward a vegetarian and vegan diet. Apart from this, people who are allergenic and sensitive to soy items like tofu and tempeh prefer seitan. Moreover, the escalating popularity of plant-based diets across myriad regions will again proliferate the growth of the industry in the forthcoming years. Furthermore, with escalating vegan trends emerging in the western world, many of the fast-food hotels are serving tacos, hotdogs, burgers, and sandwiches as an alternative to meat. In addition to that, an increase in the number of fast-food stores using meat substitutes is likely to generate lucrative growth avenues for the seitan industry. However, the fluctuations witnessed in the costs of the cereals are predicted to hinder the growth of the industry in the forthcoming years. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Seitan Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the seitan market with detailed market segmentation by nature and geography. The global seitan market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading seitan market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global seitan market is segmented on the basis of nature. On the basis of nature, the seitan market is segmented into organic seitan and conventional seitan.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global seitan market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The seitan market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the seitan market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the seitan market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global seitan market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from seitan market are anticipated to lucrative growth opportunities in the future with the rising demand for seitan in the global market. Below mentioned is the list of few companies engaged in the seitan market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the seitan market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amy's Kitchen, Inc.
- Garden Protein International, Inc.
- LIMA
- Meatless B.V.
- Morningstar Farms
- Ollio Group Ltd.
- Sweet Earth Foods
- The Nisshin MGP Ingredients, Inc.
- Upton's Naturals
- Vbites Foods Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.