Plant Protein Market 2020-2026 Market Research Report | Know The Growth Factors and Future Scope|

Global plant protein market is expected to register a substantial CAGR of 6.8% in the forecast period of 2019-2026. Increasing awareness towards adverse effects of red meat, resulting in shift towards plant-based substitutes is the major growth factor for the growth of this market. The report contains data of the base year 2018 and historic year 2017.

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Global Plant Protein Market By Product (Wheat Protein, Soy Protein, Pea Protein, Others), Form (Protein Isolates, Protein Concentrates, Textured Proteins), Application (Bakery, Meat Extenders and Substitutes, Nutritional Supplements, Beverages, Snacks, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Complete report on Global Plant Protein Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures

Market Definition: Global Plant Protein Market

Proteins are essential nutrients that the human body needs, consisting of amino acids. These proteins are known as plant proteins when acquired from plant-based foods such as wheat, soy, and others. Many crops provide elevated protein content such as chickpeas, tofu, peanuts, lentils, almonds, quinoa, spirulina, and chia seed. Because plant-based proteins have a reduced calorie count, animal-based protein can be replaced with weight loss.

Key Questions Answered in Global Plant Protein Market Report:-

Our Report offers:-

o What will the market growth rate, Overview and Analysis by Type of Global Plant Protein Market in 2026?

o What are the key factors driving, Analysis by Applications and Countries Global Plant Protein Market?

o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Plant Protein Market?

o Who are Opportunities, Risk and Driving Force of Global Plant Protein Market?

o Who are the opportunities and threats faced by the vendors in Global Plant Protein Market? Business Overview by Type, Applications, Gross Margin and Market Share

o What are the Global Plant Protein Market opportunities, market risk and market overview of the Market?

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Top Key Players:
Cargill Incorporated, Archer Daniels Midland Company, EZAKI GLICO CO., LTD., Ajinomoto Co., Inc., Axiom Foods, Inc., E.I. Du Pont de Nemours and Company, Glanbia plc, Growing Naturals, LLC, Kerry Inc., Conagra Brands, Inc., CP Kelco U.S., Inc., Corbion NV, FMC Corporation, Acadian Seaplants Limited, Gelymar, Ocean Harvest Technology Limited, Roullier Group among others.

Market Drivers:

o Increasing demand of vegan diet will boost the growth of plant protein market
o Innovative product line of ready-to-eat product with no compromise in taste and texture may be the driving factor for growth of the market
o High demand in food & beverage products such as bakery products, meat alternatives, cereals, snacks, and nutritional supplements among others will fuel the market growth
o Consumers are slowly becoming aware about preventive healthcare due to growing number of online forums and magazines that offer lifestyle and diet will boost the market growth

Market Restraints:

o Presence of alternative source (red meat and eggs) for protein may hamper the growth of plant protein market growth
o Plant proteins have a reduced content of essential amino acids in comparison to animal proteins may hamper the growth of the market
o Fluctuation in availability of raw material will retrain the market growth

Key Developments in the Market:

o In April 2018, Kerry, Inc. has acquired Ojah which is a Dutch manufacturer of plant proteins and its processing technique. The company commercialese a process of texturing vegetable protein with the help of clean label High Moisture Extrusion (HME) technology. Kerry strengthen its plant protein portfolio with this acquisition

o In September 2017, Nestlé USA acquired Moss Landing, CA, from Sweet Earth, a factory food producer. On-going products from Sweet Earth include worldwide flavors and plant proteins, such as seitan (wheat-based) and tofu. They are serving three main platforms, entrees, breakfast and plant-based proteins, called Righteous Meats. By this acquisition Nestlé secured its position in emerging market.

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Market Segmentations:

Global Plant Protein Market is segmented on the basis of
o Product
o Form
o Application
o Geography

Market Segmentations in Details:
By Product
o Wheat Protein
o Soy Protein
o Pea Protein
o Others

By Form
o Protein Isolates
o Protein Concentrates
o Textured Proteins

By Application
o Bakery
o Meat Extenders and Substitutes
o Nutritional Supplements
o Beverages
o Snacks
o Other

By Geography

North America
o U.S.
o Canada,
o Mexico

Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

South America
o Brazil
o Rest of South America

Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

Competitive Analysis: Global Plant Protein Market

Global plant protein market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plant protein market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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