The global Plant-based Protein Market will be worth USD 16.63 Billion by 2027, according to a current analysis by Emergen Research. The growth of plant-based protein market can be attributed to the increasing awareness among the health-conscious population and their changing dietary patterns. The growing demand for Protein supplements among consumers to improve their health and wellness is expected to drive the growth of plant-based protein products. The sedentary lifestyle of the growing population has resulted in the prevalence of lifestyle-related chronic diseases, which has increased their need to consume plant-based protein products.
The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Plant-based Protein market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Plant-based Protein market.
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The research provides answers to the following key questions:
What is the estimated market size and growth rate of the Plant-based Protein market for the forecast period, 2020 – 2027?
What are prominent factors driving the progress of the Plant-based Protein industry across different regions?
Who are major vendors dominating the Plant-based Protein market and what have been their winning strategies to stay competitive?
Which market trends are expected to influence the development of the Plant-based Protein industry worldwide?
What are challenges that are expected to act as a roadblock for Plant-based Protein industry for the period, 2020 – 2027?
What are the opportunities working in favor of the Plant-based Protein industry?
This report on the global Plant-based Protein Market equips the reader with all essential tools to decipher their standing in the industry based on the growth of revenue or sales. It provides a comprehensive evaluation of the global Plant-based Protein market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Plant-based Protein market. It also focuses on both the global as well as the regional expansion of the Plant-based Protein industry to give an overall analysis.
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Key Highlights From The Report
In February 2019, Watson, a non-dairy ingredient solutions business headquartered in the U.S., was acquired by Glanbia PLC. Watson is a manufacturer and supplier of high-quality custom nutrient premix, food and beverage, bakery ingredient, personal care and supplement industries, and edible film and material conditioning solutions.
The dry form segment held the largest market share of 59.6% in 2019. Increasing demand for protein concentrates has resulted in the growing utilization of the dry form of processing of protein for the production of the concentrates.
Protein Isolates are forecasted to grow with the fastest CAGR of 7.6% over the forecast period. The protein isolates can easily be mixed with different food products and easy to digest, which has increased its demand among the health-conscious population.
The food Ingredients segment accounted for the largest market share in 2019 due to the increasing demand for low-calorie and meat-free food products.
Soy protein accounted for the largest market share in 2019 due to the advancements in food science and processing technology and availability of the textured soy products in the global nutrition industry.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period. The rising urbanization and the increasing purchasing power of the consumers have evolved the eating habits, which has fueled the demand for plant-based protein products in the region.
Key participants include CARGILL, ARCHER DANIELS MIDLAND (ADM), DuPont, ROQUETTE FRÈRES, GLANBIA, WILMAR INTERNATIONAL, DSM, KERRY GROUP, EMSLAND GROUP, and INGREDION, among others.
Type Outlook (Revenue, USD Billion; 2017-2027)
Protein Concentrates
Protein Isolates
Textured Protein
Form Outlook (Revenue, USD Billion; 2017-2027)
Liquid
Dry
Application Outlook (Revenue, USD Billion; 2017-2027)
Food Ingredients
Animal Feed
Source Outlook (Revenue, USD Billion; 2017-2027)
Pea
Soy
Wheat
Others (Rice, Potato, Canola, and Oats)
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Plant-based Protein Market Segmentation & Impact Analysis
Chapter 5. Plant-based Protein Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Plant-based Protein Market By Surgery Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Plant-based Protein Market By End User Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Plant-based Protein Market Regional Outlook
Continued…
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