The global plant protein ingredients market size is expected to reach USD 10.27 Billion in 2032 and register a steady revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Increasing number of people adopting vegetarian and vegan diets is a key factor driving market revenue growth. Plant protein ingredients contain less saturated fat and cholesterol than animal protein sources, potentially benefiting heart health and weight control. Consumers are shifting to plant-based diets as they become more aware about negative environmental effects of animal husbandry and meat consumption. In addition, increasing need of plant-based food components, such as soy protein, pea protein, and plant-based sweeteners, is another key factor driving revenue growth of the market.
The Global Plant Protein Ingredients Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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Key companies operating in the Plant Protein Ingredients market include:
ADM, CHS Inc., FUJI OIL HOLDINGS INC., International Flavors & Fragrances Inc., Kerry Group plc, NAGATA INDIA, NIPPN CORPORATION, Shandong Jianyuan Group, and Südzucker AG, Tereos
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Plant Protein Ingredients market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Plant Protein Ingredients Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Plant Protein Ingredients Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2019–2032)
- Soy Protein
- Wheat Protein
- Pea Protein
- Rice Protein
- Potato Protein
- Others
Form Outlook (Revenue, USD Billion; 2019–2032)
- Isolates
- Concentrates
- Others
Application Outlook (Revenue, USD Billion; 2019–2032)
- Food & Beverages (F&B)
- Meat Alternatives
- Dairy Alternatives
- Bakery and Snacks
- Nutritional Supplements
- Beverages
- Others
- Animal Feed
- Food & Beverages (F&B)
Plant Protein Ingredients Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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