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 researchers have considered all the factors influencing the growth of the Plant Protein Ingredients market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Plant Protein Ingredients market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Plant Protein Ingredients market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
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Competitive Outlook: The leading companies operating in the Plant Protein Ingredients market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Plant Protein Ingredients Market and Profiled in the Report are:
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
Objectives of the Report:
Study of the global Plant Protein Ingredients market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Plant Protein Ingredients market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Plant Protein Ingredients market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Plant Protein Ingredients market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
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)
Regional Analysis:
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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