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Plant Based Protein Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2019-10-30   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8187 |  Industry: Food & Beverages  |   Format : pdf word ppt excel



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The global Plant Based Protein market is expected to benefit from growing awareness regarding nutritional benefits of Plant Based Protein. A number of product launches has been taking place in the market over the past few years. For instance, VegOtein P™ by Axiboominm Foods Inc. is produced from U.S. and Canadian yellow non-GMO peas with the help of a natural, water separation process. VegOtein P™ is a rich source of iron and essential amino acids, which is high in Lysine as well as Arginine. It is deployed as an alternative for and/or in combination with soy protein and whey protein in food grade products. In addition, it can be utilized in various foods and beverages, wherein protein enrichment is a requirement.

plant based protein

Key players to take new product introduction as a key strategy

Archer Daniels Midland Company (U.S.), Crespel & Deiters GmbH & Co. KG (Germany),  Roquette Freres Le Romarin (France), Ingredion Inc. (U.S.), NOW Foods (U.S.), Kerry Group (Ireland), Tate & Lyle Plc (U.K.), AMCO Proteins (U.S.), Cargill, Axiom Foods Inc. (U.S.), Incorporated (U.S.), Beneo GmbH (Germany), Glico Nutrition Co., Ltd. (Japan), Burcon Nutrascience Corporation (Canada), Glanbia plc. (Ireland), Corbion NV (the Netherland), Sotexpro (France), Cosucra Groupe Warcoing SA (Belgium),E.I. Dupont De Nemours and Company (U.S.), Farbest Brands (U.S.), Wilmar International Ltd. (Singapore), and CHS Inc. (U.S.) are some of the key manufacturers in the Plant Based Protein market.

Manufactures are taking up strategies such as new product launch, collaborations, partnerships, and  For instance, one of the key companies, Ingredion Inc. has introduced a new range of VITESSENCE™ Pulse proteins. These are derived from pea, lentil, and faba beans. VITESSENCE™ Pulse protein concentrates help boost the nutritional profile of the formulations without altering the taste.

Increased awareness of protein rich diet is expected to bode well for the market

Consumers are getting increasingly aware of protein rich diet, which is playing a key role in driving the Plant Based Protein market. Demand for sustainable products among consumers in on the rise, thus driving the market. Increasing health concerns such as obesity and high cholesterol level are propelling the consumers to opt for plant based food products. There has been various advancements in ingredient technologies such as microencapsulation, which is positively influencing the market growth to a great extent. However, irregularity in the raw material prices may hinder the Plant Based Protein market growth. In addition, presence of counterfeit products such as animal based protein is likely to emerge as a key restraint to the Plant Based Protein market growth.

By Type

 Soy Protein

 Wheat Protein

 Pea Protein

 Potato Protein

 Rice Protein

 Corn Protein

By Application

  Foods and Beverage

  Animal Feed

 Nutrition and Health Supplements

 Pharmaceuticals

Demand for soy protein is high among consumers as compared to other protein types owing to the health benefits associated with its consumption. Moreover, it is extensively deployed in making a variety of foods. The global Plant Based Protein market has been segregated on the basis of application as food and beverages, animal feed, nutrition and health supplements, and pharmaceuticals. Plant Based Protein is extensively used as a food supplement in the food and beverages sector.

By Region

world_regions

North America is expected to grab a significant share in the market owing to rising concerns over animal products and protein, high preference for meat alternatives, and increasing demand for healthy and nutritional products. Moreover, growing trend of health & wellness is having a positive impact on the Plant Based Protein market growth in North America. Large base of vegan population, increasing number of health conscious consumers, and growing food & beverages sector are some of the key factors anticipated to positively impact the Plant Based Protein market growth in Asia Pacific.

Food and beverages sector is considered to be one of the fastest-growing one. Growth of its various industries, right from processing, packaging, and labelling amongst others, have witnessed unbelievable transformation over the years. Players in the food and beverages industry are constantly catering to the changing lifestyle needs that are at times characterized by healthy eating habits or higher purchasing power. The food and beverages industry is extremely dynamic and hence requires a constant watch.

Our researchers have created a repository of thoroughly-researched reports that are aimed at offering the readers a detailed outlook of the industry. Analysts have focused on issues such as food security, evolving demographics, and changing dietary habits. Packaging and innovation therein, along with emerging trends such as organic food items have been discussed through these publications.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Plant Based Protein Market Report