The Global Plant Based Proteins Market Report is a compilation of comprehensive research studies of various aspects of the Plant Based Proteins Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Plant Based Proteins market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Plant Based Proteins market and how they will evolve in the years to come.
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In terms of revenue, the global plant based proteins market was valued at US$ 9,831 Mn in 2020, growing at a CAGR of 15.32% over the forecast period (2021 – 2029).. ADM, AMCO Proteins, BENEO, Burcon, Cargill, Incorporated, DuPont Nutrition Biosciences ApS, Emsland Group, ETChems, Glanbia plc, Ingredion Incorporated, Kerry, NOW Foods, Parabel Nutrition, PURIS, Roquette Frères, Tate & Lyle, The Green Labs LLC
The rising demand for plant proteins is majorly owing to its use in new product development in the developing vegetarian and vegan foods sector. Although significant new product development have occurred till date, many of the plant protein foods are of lower sensory quality than their dairy-based equivalents. There remains, therefore, a significant opportunity to develop new food technologies and functionalities for plant based protein foods with higher consumer acceptability.
Functional plant proteins with nutritional attributes continue to meet specific market needs and avoid becoming commoditized. However there was a sturdy progress made by the plant based protein industry, which provided an encouraging point of difference. In 2020, constant momentum in the plant based protein industry led to rapid growth. Hundreds of new products were introduced in the market during Covid-19. Innovations like shear-cell technology and 3D printing demonstrated their potential as developing technologies that will continue to advance the market in spite of disruptions to the food industry. These factors are anticipated to drive the global plant based proteins market growth.
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Global Plant Based Proteins Market:
By Type
- Pea
- Chia
- Hemp Seeds
- Lentils
- Caesin
- Rice
- Wheat
- Chickpea
- Potato
- Soy
- Sacha Inch
- Nutritional Yeast
- Quinoa
- Pumpkin Seed
- Others
By Composition
- Organic
- Conventional
By Applications
- Food
- Meat, eggs Alternatives
- Dairy Products
- Bakery and Confectionary
- Spreads
- Sauces and Seasonings
- Baby Food
- Others
- Beverages
- Instant powder drinks
- Functional waters
- Sports beverages
- Ready-to-Drink Beverages
- Dry Blended Beverages
- Others
- Animal Nutrition
- Pet food
- Aqua feed
- Pig feed
- Ruminant feed
- Poultry feed
- Health and Nutrition
- Sports Nutrition
- Pharmaceuticals
- Others
By Sales Channel
- Online
- Offline
- Supermarkets/Hypermarkets
- Specialty Stores
- Others
By Form
- Isolates
- Concentrates (Protein Powder)
- Hydrolysates
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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