The vegetable meat market - Italy

1.2 The global market

The plant-based meat market has been booming in recent years. In ****, the value of the plant-based meat market worldwide was estimated at $*.** billion. This figure is estimated to increase steadily in the coming years and reach about **.* billion in ****. Between **** and **** this is estimated to grow at a CAGR of **.** percent. This market remains a niche market in relation to the meat market, with *** million tons produced in **** , including *** million tons of pork, with a market value of about $*** billion, although **** saw for the first time a *% reduction in global tototal production after two decades of steady growth. [***].

Vegetable Meat Market ...

1.3 The Italian market

The plant-based meat sector in Italy has been expanding rapidly in recent years. The reasons for this trend are, as we shall see, changes in consumer behavior in terms of environmental responsibility and the increase in vegetarian and vegan diets.

As for the market for plant-based products, these are expected to grow significantly in the coming years. In the graph we can see that there will be a growth in the size of the market affecting all major products, including milk, yogurt and meat.

Market size Vegetable products, by product Italy, **** and ****, in millions of USD Source: ****

Value of sales of ...

1.4 Covid-19 Impact

The Covid -** pandemic has greatly accelerated plant-based meat consumption, both globally and in Italy.

Many of the plant-based production entities argue that the pandemic is highlighting the links between public health issues and animal meat consumption: the situation gives consumers a compelling reason to switch to plant-based foods. Given the presumed origin of Covid-**, which is a zoonosis, thus resulting from animal-human contact, there has been a sharp increase in consumer attention to the conditions under which animals are kept in establishments and wildlife markets (***) [***] .

This has led to a preference toward plant-based meats, which was already in place in ...

2.1 Characteristics of the Question

Italians' appetite for plant-based and environmentally friendly food is on the rise. Generally, we can find * main drivers driving the increase in demand for plant-based meats.

-The increase in the number of vegans and vegetarians

This segment of the population is undoubtedly the one that buys vegetable meats the most. This lifestyle is quite widespread in Italy with almost * in ** people defining themselves as vegan or vegetarian. As for vegetarians, people who have declared themselves as such are *.* percent of the population, while vegans are *.* percent for a total of about * million people. More women than men choose a vegetarian regimen ...

2.2 The benefits attributed to vegetable meat

Vegetable meat has several environmental, health, and ethical advantages that underlie its burgeoning success with Italian consumers

Environmental advantage

Meat consumption has a strong environmental impact. According to United Nations data, greenhouse gas emissions from the sector amount to **.* percent of the world total (***), far more than aviation or shipping, which each account for less than * percent of emissions.

Vegetable meat production requires seven times fewer resources than real meat production. For example, peas or brown algae, widely used in the synthesis of artificial meats, require far less water than raising livestock (***). [***]

Health benefit

In a report on the future of ...

2.3 Spending Habits

Consumer habits have changed profoundly in recent years, and plant-based products play a key role in these changes. Indeed, more and more consumers have decided to turn to ***% plant-based products. If, especially in the early ****s, the consumption of these products was due to wanting to follow the "fashion" of the moment, today the consumption of these products is under the banner of a balanced, tasty, safe, and sustainable diet. [***]

Suffice it to say that in the last * years, * out of ** Italians have changed the way they eat and **% consume more fruits and vegetables and **% less animal protein. [***].

The way of ...

2.4 Geographic Distribution of Demand

Geographically, it can be seen that the vegetarian diet is uniformly present throughout the peninsula with a greater prevalence in the islands and the central-north while vegans are concentrated in the northern regions and particularly in the Po Valley. The data were collected by Everli, the online grocery marketplace, at the end of **** and indicate that Emilia Romagna and Lombardy are the most vegan regions nationwide while vegetarians are present mainly in Tuscany in the provinces of Florence, Livorno and Pisa. On the other hand, the cities where more vegan food is consumed are Bologna, Milan, Pavia, Bergamo, Modena and ...

3.1 Characteristics of the Italian market

The Italian vegetable meat market appears to be highly fragmented. There are some big players in the food industry that have decided to produce vegetable meat to extend and complete their vegan/food offerings. Then there are also several innovative start-ups, Italian and otherwise, that are trying to create a disruptive effect on the market through the introduction of new production processes in order to gain market share to the detriment of established companies.

The following table is intended to provide an overview of the most important companies in the market by turnover.

source : Zerbinati

There are several types of meat ...

3.2 The Production of Vegetable Meat

Vegetable meat production is a complex process that requires several crucial steps.

In addition to the rather exotic classics such as tofu, tempeh (***), more and more processed products such as veggie burgers and mince are available, which look, smell, taste, and texture like meat, but are made from plant-based ingredients.

This resemblance to meat requires a complex production process. Plant proteins, concentrates or protein isolates from soybeans, peas, sweet lupins, wheat or potatoes, or even mold mycoproteins are mixed with water, spices and additives after being extracted or harvested. The resulting mass is pressed in an extruder through nozzles, applying heat ...

3.3 Distribution channels

Regarding distribution channels, if we analyze sales of vegetable products by channel we can see that there is a clear predominance of supermarkets and hyperstores (***) as of **** with an estimated **% growth over the next * years. Great growth is also estimated for convenience stores, which, thanks to their low-cost offerings, are attracting more and more consumers, with an estimated increase in sales over the next * years of about **%.

Size of the plant-based foods market in Italy in **** and ****, by distribution channel Italy, **** - ****, in millions of euros Market Research Future

The online and delivery channel deserves special mention next. There is an ...

3.4 New supply trends

*D printed vegan meat

Scionti of Italy founded NovaMeat in ****, in Spain, to achieve a sustainable and nutritious alternative to animal products. The company's goal is to offer an alternative to burgers, nuggets or veggie patties with products that have the fibrous texture typical of steak or chicken. Using tissue engineering and bio-printing, they have created a product made from water, yellow beans, vegetable oils, flavorings and seaweed, with the same texture, appearance and nutritional properties as animal products. With this technology, the company has been able to replicate chicken nuggets, ground beef and tuna, and a product similar to beef ...

4.1 The different types of vegetable meat

There are several generations of meat substitutes. Each generation has brought a form of technological innovation over the previous one, with the common thread always being the desire to look more and more like animal meat.

*st generation

These are products that do not resemble animal products. They are those that have existed for a long time and are used in the daily diet of people who have chosen a meatless diet. They are the products such as tofu or derivatives.

Second generation

These are the products that come in traditional meat forms: steaks, cutlets, croquettes, sausages, etc. They are ...

4.2 Price Analysis

The following table provides a non-exhaustive overview of what are the most popular products in Italy.

5.1 Regulation

Meat substitutes are subject to a number of regulations governing the production and transportation of food for human consumption. Therefore, the following regulations apply to the production and transportation of these food products:

Regulation (***) No. ***/**** of the European Parliament and of the Council of April **, **** on the hygiene of foodstuffs. Ordinanceof July **, **** amending the Ordinance of May **, **** on the hygiene rules applicable to certain food products and preparations intended for human consumption. Ordinanceof July **, **** establishing the technical and hygienic conditions applicable to the transportation of foodstuffs. Ordinance ofJuly * , **** on the hygienic rules applicable to establishments for the storage of certain foodstuffs ...

5.2 Meat Sounding

In the European Union, only a product derived from slaughtered animals can be called meat. The European Novel Foods Regulation requires a technical assessment of the safety of meat analogues for humans, animals and the environment. EFSA conducts an assessment of potential nutritional, toxico- cological or allergenic hazards and recommends a decision to the Standing Committee, after which the European Commission and member states may raise specific safety concerns before a final decision on approval is made. The European Union Parliament in October **** rejected a request from representatives of the European meat industry to deny producers of plant-based alternatives the ability ...

6.1 Segmentation

• Nestlé Italia
• Bonduelle Italia
• Unilever Italia
• Beyond Meat
• Redefine Meat
• Valsoia
• La Linea Verde
• Carrefour Italia
• Esselunga s.p.a
• Lidl France