Innova Market Insights recently released the 2022 Asia Pacific Meat Substitutes Insights Report. The report combines macro trends, consumer diet research, and related new product tracking in the past five years to analyze and explore the status and prospects of meat substitutes in the Asia-Pacific region. For health-conscious Asia-Pacific consumers, meat substitutes are already an integral part of the daily diet, and the emergence of plant-based innovations makes this category exciting.
Innova Market Insights will survey consumers in ten countries including China, India, Indonesia, the United States, the United Kingdom, Mexico, and Brazil on the dietary habits of meat, dairy products, and alternative proteins in 2021. The results show that there are two main types of meat eating habits in the Asia-Pacific region: “controlled but not completely excluded” and “meat-free diets”.
Plant-based diets are gradually being accepted by consumers in Asia Pacific: Taking plant milk as an example, in 2021, nearly 60% of consumers in China, India and Indonesia will buy plant milk. In contrast, the consumption ratio of plant-based meat and plant-based fish/seafood is slightly lower, accounting for about 40% of the total number of respondents, which means that the latter still has a lot of room for development in the Asia-Pacific market: the popularity of plant-based milk It is bound to drive the consumption of plant meat and plant fish/seafood.