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The revenue in the 'Meat Substitutes' segment of the food market in Finland was forecast to continuously increase between 2024 and 2029 by in total 10.2 million euro (+55.14 percent). After the eleventh consecutive increasing year, the revenue is estimated to reach 28.73 million euro and therefore a new peak in 2029. Notably, the revenue of the 'Meat Substitutes' segment of the food market was continuously increasing over the past years.

Find further information concerning the price per unit in the 'Baby Food' segment of the food market in Hungary and the average volume per capita in the 'Oils & Fats' segment of the food market in Iceland.

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Revenue of the meat substitutes industry in Finland from 2018 to 2029 (in million euros)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Meat Substitutes market covers all types of meat-like products that approximate certain aesthetic qualities (primarily texture, flavor, and appearance) or chemical characteristics of a specific meat. The Meat Substitutes market includes plant-based meat and vegetarian meat. Plant-based meat includes meat made from plants, such as soybeans (and other legumes), wheat gluten, lentils, tofu, yuba, tempeh, and a variety of nuts. Vegetarian meat contains non-vegan ingredients, such as egg and dairy. Examples of meat substitutes included in this segment are plant-based and vegetarian meat in the form of nuggets, minced meat, burger patties, sausages, and the like.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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