Press release
Europe Plant Protein Market Growth Insights to 2027 - Kerry Group, Koninklijke DSM N.V., Axiom Foods, Cargill
Rising consumer awareness about protein-rich food to escalate the Europe plant protein market at a CAGR of 5.9%Latest market study on "Europe Plant Protein Market to 2027 - Analysis and Forecasts by Source (Soy, Wheat, Pea, and Others); Type (Isolates, Concentrates, and Protein Flour); Application (Protein Beverages, Dairy Alternatives, Meat Alternatives and Meat Extenders, Protein Bars, Bakery, and Others), and Countries".
The Europe plant protein market is accounted to US$ 5,808.5 Mn in 2018 and is expected to grow at a CAGR of 5.9% during the forecast period 2019 - 2027, to account to US$ 9,452.5 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Plant protein is a natural protein derived from plant sources such as soy, wheat, pea, and others. Plant protein provides building blocks for healthy muscles and tissues in the human body and is also beneficial for weight loss. Plant-based proteins tend to be lower in calories and fat as compared to animal proteins but higher in fiber and essential nutrients.
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List of Companies - Europe Plant Protein Market
1. E. I. Du Pont De Nemours and Company
2. Archer Daniels Midland Company
3. Kerry Group
4. Koninklijke DSM N.V.
5. Axiom Foods, Inc
6. Cargill, Incorporated
7. Roquette Frères
8. Ingredion Incorporated
9. Glanbia plc
Based on source, the Europe plant protein market consists of soy, wheat, pea, and others. The soy segment accounted for a substantial share in the Europe plant protein market. Soy protein is prepared from soybean meal that has been defatted and dehulled. It contains all nine essential amino acids. Soy is also a rich source of fibers, vitamins, and minerals, including folate, selenium, potassium, and magnesium. They also contain antioxidants and phytochemicals, including phenolic acids, isoflavones, and omega-3 fatty acids. For vegetarians and vegans as well as those who avoid or are allergic to dairy food, soy proteins often serve as a prominent source of important nutrients. Soy protein products are used in various food preparations, which include salad dressings, soups, beverage powders, meat analogs, cheeses, nondairy creamers, whipped toppings, frozen desserts, infant formulas, breads, breakfast cereals, pastas, and pet foods, among others. It is available in three major forms-isolates, concentrates, and flours.
The rising consumer awareness about the health benefits of protein-rich foods has created significant opportunities for the plant protein manufacturers in the Europe region. People consuming more protein tend to maintain bone mass better and have a much lower risk of osteoporosis and fractures. High protein intake has resulted in boosting metabolism that results in the burning of a high amount of calories. This further helps in proper weight management and weight loss. A protein-rich food is considered one of the strongest trends in the food and beverage industry. Following the protein trend in food, the food and beverage manufacturers are trying to make nutritional food products. Rising consumer awareness regarding effective ways to achieve weight loss, anti-aging, and other health-related issues through the consumption of protein-rich food is boosting the demand for plant proteins. Moreover, growing health and wellness trends has created a strong demand for functional and fortified food and beverages significantly over the past years. Growing demand for functional food and beverages further boosts the demand for plant protein.
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Reasons to Buy:
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe plant protein market, thereby allowing players to develop effective long term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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