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Top Players in the Meat Substitutes Industry

The global meat substitutes market size reached US$ 5.1 Billion in 2020. As per the analysis by IMARC Group, the top meat substitutes companies are focusing on developing vegan meat products with better aroma, texture, longer shelf life, and high nutritional value. For instance, McDonald’s is introducing plant-based burgers in the market to meet the growing consumer demand. Looking forward, the market is expected to exhibit moderate growth during the next five years (2021-2026).

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Top Largest Companies in the Meat Substitures Industry Worldwide: 
 

Nisshin Oillio Group, Ltd.

Establishment: 1907
Headquarter: Shinkawa, Japan
The Nisshin OilliO Group aims to enrich people's lives by maximizing the potential of plant-based resources. The company provides a wide range of products, such as edible oils for household, commercial and food processing, oil meals, soy foods, soy protein, dressings, healthy food products, and foods for the elderly and nursing care patients based on trusted traditions and technologies.

Dupont Nutrition and Biosciences

Establishment: 1897
Headquarter: Wilmington, United States
Dupont Nutrition & Biosciences is a world leader of innovative and sustainable solutions across the food, health, pharma and biotech industries. Comprising of three strong market oriented, customer centric platforms, underpinned by outstanding technology and innovation. The company’s products provide enhanced bioprotection, an improved nutritional profile, and better taste and texture with greater cost efficiency and lower environmental impact.

Archer Daniels Midland (ADM)

Establishment: 1902
Headquarter: Chicago, United States
Archer Daniels Midland (ADM) is an American multinational food processing and commodities trading corporation. It is also a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. ADM transforms natural products into a complete portfolio of ingredients and flavors for foods and beverages, supplements, nutrition for pets and livestock. From plant-based proteins to probiotics, the company is growing nutrition trends, working closely with its customers to create custom, delicious solutions from nature to meet consumer preferences.

Amy's Kitchen

Establishment: 1987
Headquarter: Petaluma, California
A pioneer of the organic food movement, Amy's started over 30 years ago with a simple mission to make good food for everyone at the table. Their first product was a vegetable pot pie with a flaky, homestyle crust. Today, the company makes more than 250 products, such as beans and chili, dessert, pasta sauce, pizza, snacks, soups, veggie burgers, and sandwich rounds and sells its homestyle foods in over 23 different countries. Amy's employs over 2,700 people with manufacturing facilities in Santa Rosa, CA; Medford, OR; and Pocatello, ID.

Gardein Protein International, Inc. (Conagra Brands, Inc.)

Establishment: 2003
Headquarter: Richmond, BC, Canada
Gardein Protein International, Inc., a brand of Conagra Brands, Inc. is answering the growing demand for plant-based food by expanding its line of meat-free dishes, including new items that feature pea and wheat protein. It offers various products under the leading brands like Slim jim, Gardein, Duncan Hines, Healthy Choice, Marie Callender’s, Birds Eye and Frontera. Gardein's offers a wide variety of delicious plant-based meat alternatives for chicken, beef, pork, fish and seafood. It has also expanded its flavorful and convenient breakfast offerings with two new on-trend items, namely Shakshuka Breakfast Bowl and Saus'age Benny Breakfast Bowl, which is a vegan version of an Eggs Benedict.

Quorn Foods

Establishment: 1985
Headquarter: Stokesley, United Kingdom
Quorn Foods is a pioneering food company that believes “we all need to change what we eat”. With the growing burden of the obesity epidemic and accelerating climate crisis, the company has been providing delicious food that is healthy for both the planet and its people, with protein cultivated from non-animal sources since 1985, via its brands Quorn and Cauldron. Moreover, its 2030 ambition is to be a net positive business that provides 8 billion servings of food every year, the equivalent of one serving for every person on planet Earth.

Cauldron Foods

Headquarter: Stokesley, United Kingdom
Cauldron Foods is a vegetarian and vegan food company manufacturing a range of products, including tofu, sausages, falafels and ready to eat snacks. With tofu and sausages that are high in protein and falafels that are low in saturated fat, the company offers healthy nutrition with a low environmental impact.
It is also focusing on introducing organic Teriyaki Tofu with experimentation to add texture and flavor to Asian-style dishes.

Campbell Soup Company

Establishment: 1869
Headquarter: StokesleCamden, United States
Campbell Soup Company was founded by Joseph Campbell, a fruit merchant, and Abraham Anderson, a commercial canner as Anderson & Campbell. It offers food, recipes, and tailored solutions for a wide range of segments, including healthcare facilities, restaurants and specialty coffee shops, schools, vending and micro-markets, and lodgings throughout North America. In 2017, the company acquired Pacific Foods, maker of natural and organic broths, soups, and plant-based beverages, founded in Tualatin, Oregon.

VBites

Establishment: 1993
Headquarter: Corby, Northamptonshire
VBites, founded as the Redwood Wholefood Company, is the brainchild of campaigner Heather Mills and has grown to become the largest plant-based food manufacturers in Europe. It is a pioneering leader in the world of food technology, employing inventive means to continue to push the boundaries of what is possible in the world of food science, employing a huge team of passionate people. Through its taste-obsessed research and development, the company focuses on delivering a wide variety of delicious and healthy meat, fish and dairy substitutes to satisfy the most discerning palette.

Blue Chip Group, Inc.

Establishment: 1972
Headquarter: Salt Lake City, USA
Blue Chip Group, started by founder Phil Augason, is now a flourishing business dedicated to making only the best food storage products on the market, under two brands, namely Augason Farms and Live Prepared. It offers over 300 different products, including entrees, snacks and beverages, ensuring that the highest quality ingredients are used to create all its products, including gluten-free alternatives and fresh organic offerings. It also guarantees quality and competitive pricing controlling the entire supply chain, including formulation, mixing, packaging and fulfillment, operating in 150,000 sq. ft. production facility.

Field Roast Grain Meat Co., inc.

Establishment: 1997
Headquarter: Seattle, United States
The Field Roast Grains Meat Company is crafting indulgent plant-based food without compromise from sausages, deli meats and frozen apps to dairy-free cheeses that flavor-up recipes and satisfy cravings. It offers three original loaves, such as Smoked Tomato, Lentil Sage and Wild Mushroom, sold from the deli case of a local co-op. Today, the combination of European charcuterie methods and the Asian mien ching traditions to craft plant-based meats and cheeses from grains, fresh-cut vegetables, herbs, and spices are becoming a winning process for the company that paved the way for all the enticing and delicious food.

LightLife Foods

Establishment: 1979
Headquarter: Massachusetts, USA
LightLife Foods produces plant-based food, vegan food, vegetarian food, tempeh, and plant-based protein. By sourcing simple ingredients from plants and blending them with fragrant herbs and spices, LightLife process food to bring out each ingredient’s natural flavor and full nutritional potential. By 2025, the company aims to reduce its environmental footprint by 50% and its absolute carbon emissions by 30% by 2030 so that the world is a better place for all.

Sweet Earth Foods

Establishment: 1978
Headquarter: Moss Landing, California
Sweet Earth Foods is food and beverage industry that make food with fresh and natural ingredients, prepared in the tradition of years gone by and seasoned with the flavors of the world. The company deals in a wide variety of natural, plant-based, vegan or vegetarian food products, ranging from chicken, seitan, burgers and grounds, pizza, bacon to hot dogs and sausages and deli slices.

MGP Ingredients, Inc.

Establishment: 1941
Headquarter: Atchison, United States
MGP began as a humble grainbelt distillery in 1941 and has since grown into a leading supplier of premium distilled spirits, and specialty wheat proteins and starches. It partners with small startups and global brands alike to innovate in the food science industry and create some of the finest whiskeys, ryes, bourbons, gins and vodkas in the world. From soft and chewy to crispy and flaky, or from protein-rich to clean label, MGP offers a wide range of innovative products, ranging from Pregel, Proterra and Midsol to Fiberrite, Arise, HWG and Obtein.

Tofurky Company, Inc.

Establishment: 1980
Headquarter: Oregon, United States
Tofurky make food for plant-eaters, meat-eaters and people who resist labels. As the company grows, Tofurky continues to advocate for animal welfare and reinvest in a wide variety of environmental initiatives. The company sources local and organic ingredients from its Pacific Northwest neighbors, including Bob's Red Mill for flours and grains and Full Sail Brewing.

Meatless

Establishment: 2006
Headquarter: The Netherlands
Meatless is producing vegetable textured products which can be used in a large variety of processed food products. Meatless products are used as a raw material or ingredient in the production of vegetarian and vegan food, and also as a substitute for fat or meat in processed meat products to improve health and sustainability performances. Today, it has a leading position in modern food developments like reformulation and "health by stealth" and expands its activities worldwide by providing highly successful, high-quality solutions for the food industry.

Sonic Biochem Extractions Pvt. Ltd.

Establishment: 1997
Headquarter: Madhya Pradesh, India
Sonic Biochem Limited began its operation as a small soya extraction unit. Today, it is one of the world’s top five soya ingredient companies, which provide excellent solutions to various national and international food giants for better taste, shelf-life and nutritional value of their products. Moreover, Soni Biochem Ltd. is the first Indian company to become world leader in manufacturing and supplying non-GMO soya products. They include Non-GMO Soya Food, Soya and Sunflower Lecithins & Phospholipids and ingredients for processed food, meat, dairy, baked goods, chocolates, pharmaceuticals, nutraceuticals, healthcare, dietary and cosmetic industries, with exports to more than 50 countries across the globe.
 

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the meat substitutes industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development