Plant Based Protein Market Report, Size, Growth and Trends 2022-2027

The IMARC Group provides extensive analysis of the plant based protein industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on plant based protein market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

Historical market data from 2016-2021
CAGR of the market during the forecast period 2022-2027
Detailed information on factors that will drive market growth during the next five years
Precise estimation of the Keyword market size and its contribution to the parent market
Upcoming market trends and changes in consumer behavior
A thorough analysis of the market's competitive landscape and detailed information on key players
Comprehensive details of factors that will challenge the growth of smart meters market key players

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The global plant based protein market reached a value of US$ XX Billion in 2021. Plant based protein is derived from soy, tempeh, pulses, tofu, seitan, nuts, seeds, grains, peas, etc. It offers a rich source of various nutrients, such as fiber, vitamins, minerals, etc. In addition to this, plant based protein is low in saturated fats and hormones that aid in preventing type 2 diabetes, osteoarthritis, osteoporosis, Alzheimer's disease, etc. It assists in minimizing weight, promoting gut health, preventing obesity, etc. Furthermore, plant based protein helps in keeping the genetic material and blood and nerve cells of the body healthy.

Plant Based Protein Market Trends:

The growing number of flexitarian or vegan individuals is primarily driving the plant based protein market. Additionally, the expanding food and beverage (F&B) industry is further catalyzing the market growth. Besides this, the widespread adoption of pea protein across countries, owing to its allergen-free, gluten-free, and lactose-free properties and the increasing focus on living a sustainable life and reducing reliance on animal proteins, are acting as significant growth-inducing factors. Moreover, the rising utilization of plant-based food items and beverages, on account of their easy availability across offline and online distribution channels and the numerous technological advancements in the production process, is also positively influencing the global market. Apart from this, the inflating need for clean label products and avoiding allergens is anticipated to fuel the plant based protein market over the forecasted period. Looking forward, IMARC Group expects the plant based protein market to grow at a CAGR of XX% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

AGT Food and Ingredients
Archer-Daniels-Midland Company
Axiom Foods Inc.
Cargill Incorporated
Dupont De Nemours Inc.
Glanbia plc
Ingredion Incorporated
Kerry Group plc
Koninklijke DSM N.V.
Roquette Frères
Tate & Lyle PLC
The Scoular Company
Wilmar International Limited.

Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global plant based protein market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, type, nature and application.

Breakup by Source:

Soy
Wheat
Pea
Others

Breakup by Type:

Concentrates
Isolates
Textured

Breakup by Nature:

Conventional
Organic

Breakup by Application:

Food
Meat Alternatives
Dairy Alternatives
Bakery Products
Performance Nutrition
Convenience Foods
Others
Feed

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

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Key highlights of the report:                                                    

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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