Press release
North America Plant Protein Market 2022 Global Analysis and Industry Demands, Forecast By 2027
The North America Plant Protein Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the North America Plant Protein market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the North America Plant Protein market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the North America Plant Protein market.The North American plant protein market is anticipated to register a CAGR of 7.11% during the forecast period, 2022-2027.
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Top Leading Companies of North America Plant Protein Market are - Archer Daniels Midland Company, Cargill Inc., DuPont Inc., Kerry Group, Scoular Company, Omega Protein Corporation, Roquette Foods, Avebe and others.
Key Market Trends:
Increasing Demand for Soy Protein-based Products
The soy protein segment of the North American plant protein market is propelled by demand for sports and nutrition products by athletes, bodybuilders, and recuperating patients. Additionally, the weight management category is also growing, where protein is the main constituent ingredient. A huge lactose intolerant population drives the demand for alternate dairy substitutes, such as soy protein, which characterizes North America. Furthermore, there is a substantial untapped potential for the GMO-free and clean-label based soy protein ingredients. Manufacturers are seeking eco-friendly ways of cultivating and/or sourcing soybeans to process into high quality and safe soy proteins.
Regional Outlook:
The United States Holds the Largest Market Share
The demand for plant proteins is growing at a fast rate, owing to changes in lifestyle, lack of balanced dietary intake, and improved R&D to develop new kinds of plant protein-enriched products. The United States continues to capture the largest market share for plant protein, followed by Canada and Mexico. The demand for processed and low cholesterol foods has paved the way for the plant-based protein market in the region. Nowadays, consumers are switching to other alternative products, such as green label food products, coupled with the raising awareness of healthy and plant-based products, due to an increase in the availability of counterfeit products in the market.
Investigator Observers Strong Growth in Specific Regions:
- Europe Market (Germany, UK, France, Russia, Italy)
- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- South America Market (Brazil, Argentina, Colombia)
- North America Market (United States, Canada, Mexico)
- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- North America Plant Protein Market Size & Analysis (2017 - 2027)
- Market Share Analysis of North America Plant Protein Market (%),2017 - 2027
- North America Plant Protein Market Share, By Brand
- North America Plant Protein Market Share, By Company
- North America Plant Protein Market Assessment & Opportunity (Value),2017 - 2027
- Major Companies North America Plant Protein Market Value Analysis & Forecast
- Promising North America Plant Protein Development by Major Companies
- Detailed North America Plant Protein Portfolio of the Major Companies
- Major Deals in the North America Plant Protein Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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