The desire for clean labels, ease of digestion, the need or desire to avoid allergens, compatibility with vegetarian and vegan lifestyles and concerns about sustainability among the general population are putting the spotlight on plant proteins. Consumer notions of what constitutes a good protein source are expanding to include a wider variety of plant protein ingredients. Subsequently, interest in plant protein ingredients among food manufacturers and food service operators is intensifying, thereby fueling the growth of the global plant based protein market.

According to a new market research report “Plant Based Protein Market by Type (Soy Protein, Wheat Protein, Pea Protein, Potato Protein, Rice Protein, Corn Protein) and Application (Foods and Beverage, Animal Feed, Nutrition and Health Supplements, Pharmaceuticals)– Global Forecast to 2025”, published by Meticulous Research®, the global plant-based protein market is expected to grow at a CAGR of 8.1% from 2019 to reach $14.32 billion by 2025.

Consumer interest to boost protein intake is increasing with more attention being paid to the specific types of protein being consumed. The desire for clean labels, ease of digestion, the need or desire to avoid allergens, compatibility with vegetarian and vegan lifestyles, and concerns about sustainability among the general population are putting the spotlight on plant proteins. Consumer notions of what constitutes a good protein source are expanding to include a wider variety of plant protein ingredients. Subsequently, interest in plant protein ingredients among food manufacturers and foodservice operators is intensifying,
thereby fueling the growth of the overall plant-based protein market.

The major players operating in the global plant based protein market are Archer Daniels Midland Company, Cargill, Incorporated, Roquette Freres Le Romarin, Ingredion Inc., Kerry Group, E.I. Dupont De Nemours and Company, 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., and CHS Inc. among others.

Browse key industry insights spread across 226 pages with 183 market data tables & 37 figures & charts from the report: https://www.meticulousresearch.com/product/plant-based-protein-market-5031/

Scope of the Report:

Market by Ingredient Type-
Soy Protein
Soy Protein Concentrates
Soy Protein Isolate
Textured Soy Protein
Soy Flour, Grits, Chunks
Wheat Protein
Vital Wheat Gluten
Wheat Protein Isolate
Hydrolyzed Wheat Protein
Textured Wheat Protein
Pea Protein
Pea Protein Isolate
Pea Protein Concentrate
Others
Canola Protein
Potato Protein
Rice Protein
Corn Protein
Others

Market by Application-
Foods and Beverages
Meat, Poultry, & Seafood
Bakery
Meat Analogue
Dairy & Dairy Alternatives
Cereals & Snacks
Beverages
Others
Animal Feed
Nutrition & Health Supplements
Pharmaceuticals
Others

Market by Geography-
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
Japan
India
Australia
Rest of APAC (RoAPAC)
Rest of World
Latin America
Middle East and Africa

Key questions answered in the report:

Growing food & beverage and nutrition & health supplements industry to drive the adoption of plant based protein

How does the adoption of plant based proteins in food and beverage industry differ from the adoption in nutrition and health supplements industry?
What impact does this have on the adoption of plant based proteins in comparison to other application segments?
Which are the high growth market segments in terms of types, and regions/countries?


The North American plant based protein market favors both larger and local manufacturers that compete in multiple segments

Who are the top competitors in this market and what strategies do they employ to gain shares?
What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?
What strategies should new companies looking to enter this market use to compete effectively?
What are the major drivers, restrains, challenges, and opportunities in the global plant based protein market?
Who are the major players in various countries and what share of the market do they hold?
What are the geographical trends and high growth regions/ countries?

Recent new product launches, partnerships, mergers & acquisitions, and expansions taken place in the plant based protein market

What companies have recently merged/acquired in various countries across the globe and how will these unions affect the competitive landscape of the plant based protein market?
Which companies have created partnerships and how will these partnerships promote a competitive advantage?
Who are the major players in the global plant based protein market and what share of the market do they hold?
Who are the local emerging players in the plant based protein market and how do they compete with the global players?

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