Reports and Insights freshly added a report titled “Plant Based Protein Market: Opportunity Analysis and Future Assessment 2023-2031” in its database of market research reports which offers its readers a detailed and profound analysis on the fresh growth opportunities, trends and growth drivers that are closely linked with the growth of the market. The report also comprises assessment of the market by employing various analytical tools, such as Porter's five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis on the micro and macro-environmental factors that are related to the growth of the market over the projected period.

Plant Based Protein Market Overview

The report is titled as ‘Plant Based Protein Market: Opportunity Analysis and Future Assessment 2023-2031’. An overview of conceptual frameworks, analytical approaches of the Plant Based Protein market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Plant Based Protein market is expected to grow with significant rate in the near future.

The plant-based protein market is expected to reach at a value of US$ 23,086.0 Mn by 2030 end at a CAGR of 7.1%.

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Plant Based Protein Market Introduction

Protein, as we all know it, is an extremely critical nutrient accountable for the growth, upkeep, maintenance and repair of our bodies. In addition to that, what makes protein all the more crucial is the certainty that the body does not store proteins in a manner it stores fats and carbohydrates – which means that one needs a sustained intake to meet the needs of the body.

Moreover, according to the Academy of Nutrition and Dietetics, there should be a regular intake of 0.8 grams of protein per kilogram of body weight – that transforms to roughly around 0.35 grams per pound. If an individual is lacking in proteins or fiber, he can easily fulfil it by incorporating certain plant proteins into your diet, such as pulses, peas and nuts. It is important to note that the plant-based proteins tend to be lesser in fats and calories in comparison to animal proteins but greater in fiber and essential nutrients. By switching plant proteins for animal proteins, one can mitigate the caloric intake and boost their regular nutrient profile.

The increasing demand for protein-rich diets following the increased awareness among consumers with regard to their personal health and well-being is majorly driving the growth of the global plant-based protein market size.

Plant Based Protein Market Segmentation

The global plant-based protein market is segmented on the basis of form, type, application, source process, and region.

By Form

Dry/Solid
Liquid

By Type

Soy Protein
Soy Protein Concentrates
Soy Protein Isolates
Textured Soy Protein
Soy Flour, Grits, and Chunks
Wheat Protein
Vital Wheat Gluten
Wheat Protein Isolates
Hydrolysed Wheat Protein
Textured Wheat Protein
Pea Protein
Pea Protein Isolate
Pea Protein Concentrate
Pea Protein Textured
Canola Protein
Potato Protein
Rice Protein
Corn Protein
Others

By Application

Food Application
Meat, poultry, and seafood
Bakery products
Meat alternatives
Dairy & dairy alternatives
Cereals & snacks
Beverages
Others
Feed Application

By Source Process

Organic Plant-Based Protein Ingredients
Non-Organic/Conventional Plant-Based Protein Ingredients

By Region

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

Some of the Key Questions Answered in this Report:

Which are the five top players of the Plant Based Protein market?
How will the Plant Based Protein market change in the upcoming years?
Which product and application will take a share of the Plant Based Protein market?
What are the drivers and restraints of the Plant Based Protein market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Plant Based Protein market throughout the forecast period?
What is the current market size, what will the market size be in 2030 and what will the growth rate be?
What are the challenges to grow in the market?
What are the market opportunities and challenges faced by the key vendors?
Who are the major competitors and what is their strategy?
What are the barriers to entry for new players in the market?

Plant Based Protein Market Key Players

Some of the key participating players in global Plant Based Protein market are:

Archer Daniels Midland Company
Cargill, Incorporated
Roquette Freres Le Romarin, Ingredion Inc.
Kerry Group
DuPont de Nemours, Inc.
Now Foods
Tate & Lyle plc
Axiom Foods Inc.
AMCO Proteins
Burcon NutraScience Corporation
BENEO GmbH
Glico Nutrition Co., Ltd.
Glanbia plc
Corbion NV
Cosucra Groupe
Warcoing SA
Sotexpro
Farbest Brands
Crespel & Deiters GmbH & co. kg
Wilmar International Ltd.
CHS Inc.

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