Plant-Based Protein Market : Year 2020-2027 and its detail analysis by focusing on top key players like Archer Daniels Midland Company, Burcon Nutrascience Corporation, Cargill Incorporated, DowDuPont

Plant proteins can be obtained from various plant sources, including soy, nuts, wheat, pea, seeds, among others. Various plant sources, including lentils, peanuts, chickpeas, almonds, quinoa, spirulina, and chia seed, can provide a high amount of proteins needed for the human body. Since plant proteins contain low calories, they can be consumed as a substituted for animal protein for weight loss. Rising demand for plant-based food, as well as growing consumer interest in high protein food, are some of the important factors propelling the demand for plant protein products globally. Moreover, the increasing adoption of vegan lifestyles by most of the population in developed countries is further anticipated to play a vital role in the demand for plant protein globally.

Leading Key Market Players Mentioned in the Report:- Archer Daniels Midland Company, Burcon Nutrascience Corporation, Cargill Incorporated, DowDuPont, Glanbia Plc, Ingredion Incorporated, Kerry Group PLC, Royal DSM, Tate & Lyle, The Scoular Company.

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The plant-based protein market has witnessed significant growth owing to factors such as wider application in protein beverages, dairy alternatives, meat alternatives, protein bars, bakery products, nutrition supplements, sports nutrition, and others. Plant-based diets are rich in nutrients like protein, magnesium, potassium, and vitamins K and C, which can improve muscle and bone health in people of all ages. Also, plant protein contains sulfur amino acids and tryptophan. These nutrients help the body to make proteins and certain brain-signaling chemicals. Oat protein, a type of plant protein, contains a high amount of indispensable amino acids which helps in building muscles, cause chemical reactions in the body, transport nutrients, prevent illness, and carry out other functions. Several research studies indicate that consumption of plant protein may induce satiety and help in maintaining body weight. However, volatility in the prices of plant protein sources may hamper the growth of this market. Plant protein sources such as soy, wheat, peas, quinoa, oats, beans, nuts, and seeds are vulnerable and available based on weather and climatic conditions. Moreover, the availability of meat protein sources as a substitute to plant protein may also impact the growth of this market. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.

Key Benefits For Stakeholders:

• The study provides an in-depth analysis of the global Plant-Based Protein Market along with the current trends and future estimations to elucidate the imminent investment pockets.
• Information about the key drivers, restraints, and opportunities and their impact analyses on the market is included in the study.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
• The quantitative analysis of the global Plant-Based Protein Market from 2019 to 2027 is provided to determine the market potential.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plant-based protein market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The plant-based protein market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Some of the key questions are:

• Do you need actual market size estimates for the Plant-Based Protein Market?
• Do you want to know the most attractive market segments in the Plant-Based Protein Market?
• Do you need technological insights into the Plant-Based Protein Market?
• Do you wish to benchmark your position in the global Plant-Based Protein Market?
• Do you need concrete data for making actionable business strategies?

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