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.
Furthermore, application of Porters Five Forces Analysis to determine the status of various aspects such as the capability of both the suppliers and customers, threats posed by different substitutes, the intensity of competition and promising new vendors makes the study a valuable resource. Extensive analysis of data pertaining to the current as well as emerging trends offers clarity regarding the Plant Protein Ingredients market dynamics. Besides, information on the performance of different companies, profit, gross margin, strategic initiative and more are presented through various resources such as tables, charts, and infographic.
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Key Players operating in the industry 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
Radical Features of the Plant Protein Ingredients Market Report:
- The report encompasses Plant Protein Ingredients market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Plant Protein Ingredients industry
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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)
Regional Analysis Covers:
- 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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