Global market valuation was derived through revenue mapping and consumption volume analysis across retail and foodservice channels. The methodology included:
Identification of 50+ key manufacturers and ingredient suppliers across North America, Europe, Asia-Pacific, and Latin America
Product mapping across tofu/tofu products, tempeh, seitan, and other analog categories, segmented by source (soy, wheat, mycoprotein) and storage category (frozen, refrigerated, ambient)
Analysis of reported and modeled annual revenues specific to plant-based meat portfolios, including both pure-play innovators and diversified food conglomerates
Coverage of manufacturers representing 75-80% of global market share in 2024
Extrapolation using bottom-up (consumption volume × ASP by country/region, adjusted for foodservice markups) and top-down (manufacturer revenue validation, retail scanner data triangulation) approaches to derive segment-specific valuations across distribution channels