openPR Logo
Press release

Plant Protein Market in Asia Pacific Worth USD 6,292.3 Mn By 2027| Glanbia plc, Roquette Freres, Cargill Incorporated, Axiom Foods Inc, Kerry Group, Koninklijke DSM NV

04-09-2020 02:35 PM CET | Energy & Environment

Press release from: Plant Protein Market

Plant Protein Market 2020

Plant Protein Market 2020

Recent research and the current scenario as well as future market potential of "Asia Pacific Plant Protein Market to 2027".

The Asia Pacific plant protein market is accounted to US$ 3,445.9 Mn in 2018 and is expected to grow at a CAGR of 7.2% during the forecast period 2019 - 2027, to account to US$ 6,292.3 Mn by 2027.

Get Free Sample Report of Plant Protein Market @ https://decisionmarketreports.com/request-sample/1313209

The List of Companies - Asia Pacific 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 Frres
8. Ingredion Incorporated
9. Glanbia plc

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.

The Asia Pacific plant protein market is segmented on the basis of source as soy, wheat, pea, and others. The soy segment held the largest share of the Asia Pacific plant protein market in 2018. 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 Asia Pacific plant protein market is segmented based on application as protein beverages, dairy alternatives, meat alternatives and meat extenders, protein bars, bakery and other applications. The growing demand for functional food and beverages is propelling the demand for plant protein in the food & beverages industry. Moreover, the increasing preference for natural ingredients in the functional food & beverages industry is projected to propel the demand for plant proteins over the forecast period. Additionally, plant proteins are increasingly being used in health supplements as they contain amino acids that aid in muscle growth and repair. The proteins also play a major part in sports nutrition as it has applications in protein bars and shakes. All these factors are expected to boost the demand for plant protein products. The meat alternatives and meat extenders application segment accounted for considerable share of the Asia Pacific plant proteins market in 2018, whereas the protein beverages segment is expected to register an exceptional CAGR during the forecast period.

Asia Pacific plant protein market is segmented on the country as Australia, China, India, Japan, South Korea, and rest of APAC. China has a major share in the Asia Pacific plant protein market, which is followed by rest of APAC region. China has the largest population in APAC, and this leads to the growing demands for food and beverages, cosmetics and personal care products, which, in turn, will lead to the growth of the plant protein market in China. The low manufacturing and capital costs in China attract new investment and better opportunities for food and beverage businesses in the region. It is considered to be the second-largest economy in the world and exhibits potential growth for the market in the forthcoming years. According to the China Cuisine Association, the food & beverages industry of China was valued at ~US$ 636 billion in 2018. Thus, growing food & beverages industry is expected to boost the plant protein market in the upcoming years. The majority of pea protein is produced in far-flung countries such as Canada and China. In China, many consumers like to try protein drinks made from oat, red bean, and black bean. These factors are likely to boost the demand for plant-based protein in this country in the upcoming years.

Some of the players present in Asia Pacific plant protein market are Archer Daniels Midland Company, Axiom Foods, Inc., Cargill, Incorporated, E. I. Du Pont De Nemours and Company, Glanbia plc, Ingredion Incorporated, Kerry Group, Koninklijke, Roquette Freres and DSM N.V.

If You Want Additional Information Or Specific Requirement About Plant Protein Market @ https://decisionmarketreports.com/request-customization/1313209

The overall Asia Pacific plant protein market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific plant protein market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific plant protein market.

Contact Us :
Gasper James
304, S Jones Blvd,
Las Vegas,
NV 89107, USA
US Toll Free +1-866-605-1052
Email: sales@decisionmarketreports.com
Web: https://decisionmarketreports.com
Market Info 24/7

About Us :
Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plant Protein Market in Asia Pacific Worth USD 6,292.3 Mn By 2027| Glanbia plc, Roquette Freres, Cargill Incorporated, Axiom Foods Inc, Kerry Group, Koninklijke DSM NV here

News-ID: 2005512 • Views: 408

More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the