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Plant Protein Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like ADM,Cargill,DuPont,Inc.
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Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
United States is still one of the major suppliers of plant protein. There are enough raw materials like soybean, wheat and corn in United States. The biggest companies like Du Pont and ADM are located in United Stated and they have established many branches around the world.
With the huge amount of population, the demand of plant protein is with large potential in China. After decades of development, Chinese plant protein manufacturers have got mature technology. But the performance of product is still has a gap with foreign products.
The plant protein production in China is estimated to surpass United States in future, due to the large investment of Chinese enterprises in recent years. But the utilization in China is still low than USA and Europe. It is clear that Chinese manufacturers will provide more products to the world.
According to this study, over the next five years the Plant Protein market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 6090 million by 2024, from US$ 4530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Plant Protein business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
Market Segment by Type, covers
Soy Protein
Wheat Protein
Pea Protein
Others
Market Segment by Applications, can be divided into
Food & Beverages
Pharmaceuticals & Personal Care
Animal Feed
Others
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Related Information:
North America Plant Protein Market Growth 2019-2024
United States Plant Protein Market Growth 2019-2024
Asia-Pacific Plant Protein Market Growth 2019-2024
Europe Plant Protein Market Growth 2019-2024
EMEA Plant Protein Market Growth 2019-2024
Global Plant Protein Market Growth 2019-2024
China Plant Protein Market Growth 2019-2024
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