Top 10 Companies in Plant-Based Protein Market|Market Worth $14.32 Billion by 2025|2019-2025|
Pune, Maharashtra, February 12, 2020 (Wired Release) Meticulous Research leading global market research company published a research report titled Plant Based Protein Market by Type (Soy Protein, Wheat Protein, Pea Protein, Potato Protein, Rice Protein, Corn Protein) and Application (Foods and Beverage, Animal Feed, Nutrition and Health Supplements, Pharmaceuticals) Global Forecast to 2025. According to this latest publication from Meticulous Research, the global plant based protein market is expected to grow at a CAGR of 8.1% from 2019 to reach $14.32 billion by 2025.
Key questions answered in the report-
Which are the high growth market segments in terms of types, application, and region/countries?
What was the historical market for plant based across the globe?
What are the market forecasts and estimates for the period 2019-2025?
What are the major drivers, restraints, opportunities, and challenges in the global plant based protein market?
Who are the major players in the global plant-based protein market?
How is the competitive landscape and who are the market leaders in the global plant based protein market?
What are the recent developments in the global plant based protein market?
What are the different strategies adopted by the major players in the global plant based protein market?
What are the geographical trends and high growth regions/ countries?
Who are the local emerging players in the global plant based protein market and how do they compete with the global players?
Demand for plant-based protein is showing high growth as consumers believe them to be healthier than traditional animal-based proteins. The growth of this market is mainly attributed to increasing awareness about the benefits of protein and growing demand for protein rich diet, growing health wellness trend, increasing consumers focus on meat alternatives, growing demand from food beverage industry, growing investments from leading players, and various advancements in ingredient technologies such as microencapsulation
The global plant based protein market study presents historical market data in terms of value and volume (2017 and 2018), estimated current data (2019), and forecasts for 2025-by type (soy protein (soy protein concentrates, soy protein isolate, textured soy protein, and soy flour, grits, chunks); wheat protein (vital wheat gluten, wheat protein isolate, hydrolyzed wheat protein, and textured wheat protein); pea protein (pea protein isolate, pea protein concentrate, and others); canola protein; potato protein; rice protein; corn protein; and others; and application (foods and beverages (meat, poultry, seafood, bakery, meat analogue, dairy dairy alternatives, cereals snacks, beverages, and others); animal feed; nutrition health supplements; pharmaceuticals; and others. The study also evaluates industry competitors and analyzes the market at regional and country level.
Fill the form to gain deeper insights on this market @ https://www.meticulousresearch.com/request-sample-report/cp_id=5031
Based on type, soy protein segment is estimated to command the largest share of the global plant based protein market in 2019. The large share of soy protein is attributed to higher consumer acceptance level, presence of large number of manufactures and their high scale of production, low cost than other types of plant proteins, increased demand for plant-based products, easy availability of raw materials, and large number of applications in various industries. However, pea protein market segment is expected to witness a rapid growth during the forecast period. The rapid growth of this segment is mainly attributed to growing consumers desire to find sustainable and good tasting alternatives to animal-based proteins, rising demand for gluten free products, and growing investments from leading players such as Roquette Frres Le Romain, Ingredion Inc., and Kerry Group in this space. Along with this, its nutritional qualities as well as its allergen free, gluten free, and lactose free properties also supporting the growing demand of pea protein across the globe.
Based on application, food and beverage segment is estimated to command the largest share of the overall plant based protein market in 2019, which is mainly attributed to high consumer demand for sustainable products, growing awareness about the health benefits of plant proteins, increasing health concerns over animal products and ingredients, increasing vegan population, rising meat prices, and rising clean label trend.
This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Switzerland, Germany, Italy, the U.K., France, Ireland, and RoE), Asia-Pacific (China, Japan, India, and RoAPAC), Latin America, and Middle East Africa. North America commanded the largest share of the global plant based protein market, followed by Europe and Asia-Pacific. The largest share of this region is mainly attributed to the well-established food and beverage industry, rising concerns over animal products and protein, increasing vegan population, growing preference for meat alternatives, and growing health wellness trend. Moreover, presence of large number of nutritional supplements manufacturers and growing technological advancement in food industry also supports the growth of plant-based protein market in this region.
The major players operating in the global plant based protein market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Roquette Freres Le Romarin (France), Ingredion Inc. (U.S.), Kerry Group (Ireland), E.I. Dupont De Nemours and Company (U.S.), NOW Foods (U.S.), Tate Lyle Plc (U.K.), Axiom Foods Inc. (U.S.), AMCO Proteins (U.S.), Burcon Nutrascience Corporation (Canada), Beneo GmbH (Germany), Glico Nutrition Co., Ltd. (Japan), Glanbia plc. (Ireland), Corbion NV (the Netherland), Cosucra Groupe Warcoing SA (Belgium), Sotexpro (France), Farbest Brands (U.S.), Crespel Deiters GmbH Co. KG (Germany), Wilmar International Ltd. (Singapore), and CHS Inc. (U.S.).
TOP 10 COMPANIES IN PLANT BASED PROTEIN MARKET @ https://meticulousblog.org/top-10-companies-in-plant-based-protein-market/
Scope of the Report :-
Plant Based Protein Market by Type :
Soy Protein Concentrates
Soy Protein Isolate
Textured Soy Protein
Soy Flour, Grits, Chunks
Vital Wheat Gluten
Wheat Protein Isolate
Hydrolyzed Wheat Protein
Textured Wheat Protein
Pea Protein Isolate
Pea Protein Concentrate
Plant Based Protein Market by Application :
Foods and Beverages
Meat, Poultry, Seafood
Dairy Dairy Alternatives
Nutrition Health Supplements
Download Research Report Brochure with all Graphs Charts related to it @ https://www.meticulousresearch.com/download-sample-report/cp_id=5031
More Report Related Food and Beverages :
TOP 10 COMPANIES OPERATING IN ALGAE PRODUCTS MARKET
Algae Products Market by Value (Medium Value, High Value, And Low Value), Products (Hydrocolloids, Carotenoids, Omega-3 PUFA, Spirulina, Chlorella), Application (Food and Feed, Nutraceutical, Cosmetics, Chemicals) Forecast 2022@ https://meticulousblog.org/top-companies-algae-products-market/
TOP 10 COMPANIES IN FOOD ROBOTICS MARKET
Food Robotics Market by Type (Articulated, Collaboration, Other), Payload (Medium, High), Application (Packaging, Palletizing), Industrial Vertical (Dairy Processing, Bakery, Beverage, Meat Products) Global Forecast to 2025 @ https://meticulousblog.org/top-10-companies-in-food-robotics-market/
Human Nutrition Market by Type (Vitamin, Probiotics, Proteins, Carbohydrates, Fatty Acid, Minerals), Age (Adult, Childhood), Population (Pediatric, Geriatric, Maternal), and Application (Dietary Supplement, Functional Nutrients) Global Forecast to 2025 @ https://www.meticulousresearch.com/download-sample-report/cp_id=5046
Contact Sales- +1-646-781-8004