Scope of the Study
The plant protein is the food source protein from plants, they include soy, tofu, peas, lentils, grains, nuts, pulses, and various others. They are inherently very efficient to produce as compared to animal protein. Plant protein are classified by possessing a higher level of essential nutrients like carbohydrates than other feed ingredients. The market demand for plant protein among health-conscious people and its demand in the animal feed industry is expected to rise in the coming years. The soy protein amongst all other plant protein ingredients is dominating the market as its consumption among youth is higher.
The market study is being classified by Type (Soy ProteinPea Protein, Tofu Protein, Lentils Protein, Wheat Protein and Others), by Application (Nutritional Supplements, Animal Feed, Beverages, Snacks, Pharmaceuticals, Personal Care and Others) and major geographies with country level break-up.
Cargill (United States), (ADM) Archer Daniels Midland Company (United States), DuPont Nutrition & Biosciences (United States), Kerry Group plc (Ireland), Roquette (France), Manildra Group (United States), Tereos S.A. (France), Axiom Foods Inc. (United States), Cosucra Groupe Warcoing SA (Belgium) and Glanbia Nutritionals (NA), Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are BENEO GmbH (Germany).
AdvanceMarketAnalytics has segmented the market of Global Plant Protein market by Type, Application and Region.
On the basis of geography, the market of Plant Protein has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for High Protein Diet Among People
- Growing Population Around the Globe
- Increasing Demand for Protein Rich Animal Feed
- Increasing Use of Soy Plant Protein Among Youth Because of its Extra Health Benefits
- Adoption of Plant Protein in Beverages and Snacks
- The emergence of Flavored Plant Protein Products
- Price Fluctuation in Plant Protein Products
- Health-Related Side Effects to Some People from Consumption of Plant Protein
- Awareness about the People About the Benefits of Consuming Plant Protein
- Increase in Investment in Companies based on Plant Protein Products
- Taste Related Issues with Plant Protein Products
- Adulteration in Plant Protein Products will Hamper the Growth
On 2nd December 2019, Roquette the leading producer of plant protein announced the expansion of its two new range of premium plant-based proteins for the meat alternative sector. To an existing range of two textured pea proteins, Roquette added two plant-based textured proteins, one from peas and one from fava beans. Visitors at Food Ingredients Europe was the first to taste the new ingredients through a selection of unique recipes recently developed by Roquette.
"The U.S. Dietary Guidelines Advisory Committee -in their 2015-2020 Dietary Guidelines for Americans- is that a healthy eating pattern includes “a variety of protein foods, including seafood, lean meats and poultry, eggs, legumes (beans and peas), and nuts, seeds, and soy products”. In Canada, as part of the “Let’s Eat Healthy Canada” initiative, Canadians are encouraged to eat vegetables and fruit, whole grains, and plant-based proteins to reduce the risks of heart disease, type 2 diabetes, and colorectal cancer3. To achieve these dietary recommendations, it is important for consumers to be able to identify plant-based foods that are good sources of protein."
Key Target Audience
Plant Protein Manufacturers, Plant Protein International Traders, Plant Protein Distributors and Suppliers, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase