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The market trends you cannot miss – the vegan meat food market whose annual growth rate of the value of output surpasses 10%
Over 100 food exhibitions and food equipment exhibitions are held every year all around the world, among them, there are already more than 50 exhibitions which focus on vegetarian food, especially in France, India and Taïwan.
Every year the number of the food exhibitions and food equipment exhibitions held in many places in the world is at least 100, but the number of the exhibitions that are held with a focus on vegetarian food in many places has already surpassed 50, including France, India, Taiwan, and so on.
Where does that worldwide infatuation for vegetarian food comes from ? These three big figures show that the market for vegetarian food is very huge and this is the reason why we need to invest in vegan meat machines (soy meat machine) and vegan meat manufacturing technologies:
First, the population of vegetarians grows rapidly
Owing to the religion in India, the population of the local vegetarians exceeded 300 million, which makes India the country that has the largest population of vegetarians in the world. Other countries change their diet habits due to factors like protecting the natural environment and animal care.
Take Europe and North America for examples, the ratio of the population of the vegetarians in many countries (including vegans and vegetarians) lies between 8~10%; especially the U.K., under conservative estimation, the population of vegetarians exceeds 20%. If the percentage is changed to the number of population, the U.K. has at least 6 million and 500 thousand vegetarians, Germany around 8 million and the U.S. and Brazil at least 10 million vegetarians. What’s important is that the figure is still growing now.
Second, the annual growth rate of the vegetarian food market surpasses 10%
According to the survey by Technavio, in 2015 the total output value of the vegetarian food market is about 5,400 million U.S. dollars; it is expected to reach 9,100 million U.S. dollars in 2020. The main driving factors that make the overall vegetarian food market grow include personal health, expensive meat and seafood, environmental factors and curiosity driven. In addition, in recent years the media’s attention towards vegetarian food and celebrities’ recommendation also promote the development of vegetarianism. Even, many European places execute a meatless day weekly, for example Meatless Mondays. At the same time, in order to embrace this trend, many communities voluntarily hold vegetarian food fairs, which allow more people to understand the richness of vegetarian food and increase the opportunity and willingness for people to try it.
Third, meat substitutes are the most important items in vegetarian food
Vegetarian food can be divided into 4 categories, including the substitutes of dairy products, the substitutes of packaged vegetarian food and meat, vegetarian bread and other vegetarian food. Among these, the substitutes of dairy products are the most accessible products. The market growth rate of almond milk and Soy milk surpass 10 % in the recent 5 years and in the future 5 years the annual market growth rate can still be maintained at 10 %. Vegetarian food and the substitutes of meat are the second biggest driving force that supports the growth of vegetarian food! We cannot miss this chance.
If investing in textured soy protein extruder machine and vegan meat manufacturing technology is a project that must be executed, then who should we buy the equipment from would be the second question. Therefore, we will share with you the two reasons why we should buy the textured soy protein extruder machine and vegan meat manufacturing technology from EVERSOON.
First, the experience in Taiwan can make vegetarian food more delicious
One of the reasons that make many consumers dwell on trying vegetarian food is that generally people have a bad impression of the taste and mouthfeel of vegetarian food. However, we would like to share a piece of information with you. For Chinese people, many vegetarians are mainly influenced by the religion factor. The religion factor has started to influence Chinese people’s diet habits since hundreds of years ago. Before vegetarian food became a trend in Western countries, Chinese people’s vegetarian food has already undergone numerous updates. This makes Chinese’s vegetarian food even become a model for Japan and the U.S.
You might not be able to imagine. When the western countries experience the impact of the vegetarian culture, it drives many big supermarkets to start to sell big amount of vegetarian food. However, these Chinese people who live all over the places in the world still import tens of millions, hundreds of millions U.S. dollars of vegetarian food from Taiwan every year. These already processed vegetarian foods are primarily sold in Chinese markets and used in Chinese restaurants because Chinese people miss the delicacy of the vegetarian food from Taiwan.
In fact, Taiwan has high-specification food processing techniques plus a huge vegetarian food market, which makes food machines in vegetarian food keep weeding through the old to bring forth the new. According to the statistics of GNPD (Global New Products Database), the number of the items of vegan food and vegetarian food in Taiwan exceeds 400, showing that the categories of vegetarian food in Taiwan is distinctively diversified and the market is as well huge enough. Therefore, no matter if it is the processing equipment of vegetarian food or the textured soy protein extruder machine; we have to buy them from experienced Taiwanese enterprises.
Second, EVERSOON can help you to conquer the challenge of vegetarianism.
Many experts point out that there still exist many challenges even though vegetarianism is all the rage in the world. For example, the doubts on undernourishment, the doubts on the hygiene during the processing and storage of the ingredients; these factors make the consumers hang back from vegetarian food. However, EVERSOON can help you to overcome these two challenges.
On the aspect of nutrition components, our vegetable food processing techniques raise the retention rate of the proteins and the usage rate of proteins, making the vegan meat and seafood have abundant vegetable protein. On the aspect of ingredients processing and storage, we not only produce the textured soy protein extruder machine of vegan meat (vegan seafood) but also provide the manufacture techniques of vegan meat (vegan seafood); what’s more important is that we provide the solution plan for the output of the whole factory, including the quality management and control techniques, which is an important part when we sell the equipment. This allows us to be able to gain the trust from many public companies and multinational corporations.
Lastly, we would like to share the growing experience of EVERSOON within the 10 years. 10 years ago, the founder of EVERSOON Brian told the customers, “The trend that we see is that the growth of the market of tofu and Soy milk will be very vigorous. And many objective data also shows this.” In the past 10 years, the customers who have bought the equipment of tofu and Soy milk for the whole factory from EVERSOON now undergo the upgrade of productivity and equipment again.
Now, we’ve seen see much data from market survey suggesting that the scale of the vegan meat market will double within 8 years!
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The market trends you cannot miss – the vegan meat food market whose annual growth rate of the value of output surpasses 10% | CE Certified Tofu Product Line, Soybean Soak & Wash Tank, Grinding & Cooking Machine Manufacturer | Yung Soon Lih Food Machine Co., Ltd.
Based in Taiwan since 1989, Yung Soon Lih Food Machine Co., Ltd. has been a food manufacturing machine manufacturer that is specilized in soy bean, soy milk and tofu making sectors. Unique design soy milk and tofu production lines built with ISO and CE certifications, sold in 40 countries with solid reputation.
Yung Soon Lih has more than 30 years of food machinery manufacturing and technical experience, professional production: Tofu Machine, Soy Milk Machine, Alfalfa Sprouts Germination Equipment, Grinding Machine, etc.