The present invention relates to a simulated lactic acid bacterium flavored vegetarian sausage. The vegetarian sausage mainly comprises the following components: textured soybean proteins, water, soybean oil and lactic acid bacteria. The simulated lactic acid bacterium flavored vegetarian sausage is prepared by vegetarian meat stirring, compound ingredient stirring, lactic acid bacterium inoculating, fermenting, sausage filling, shaping and cooking, cooling and sausage casing stripping, vacuum packaging, and sterilizing. The proteins of soybeans in the prepared simulated lactic acid bacterium flavored vegetarian sausage contains isoflavones, the lactic acid bacteria promote absorptions of nutrients of proteins, monosaccharide, calcium, magnesium, etc., and the vegetarian sausage produces a large amount of beneficial substances of vitamin B groups, etc., inhibits cholesterol absorption, lowers blood lipids and blood pressure, has good chewiness, is rich in flavor and full and life-like in appearance, and has shape characteristics of meat products of the sausages.