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The seitan market size is forecast to increase by USD 63.8 billion at a CAGR of 3.27% between 2023 and 2028. The market in the US is experiencing significant growth, driven by expanding distribution channels and the increasing vegan population. Fast-food outlets have started incorporating seitan into their menus, broadening their reach beyond specialty stores. However, the market faces challenges due to health concerns surrounding the consumption of highly processed food. Consumers are increasingly prioritizing their standard of living and seeking healthier alternatives. As a result, organic seitan is gaining popularity as a healthier product type compared to conventional seitan. The foodservice sector is expected to remain a major consumer of seitan due to its versatility and ability to mimic the taste and texture of meat.
Furthermore, the market is poised for continued growth as more consumers adopt plant-based diets and seek sustainable, healthier food options.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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