Press release
Consumption Of Plant Protein Ingredients By The Sport Segment Is Projected To Boost Sales By More Than US$ 1.0 Bn By 2031
With an all-inclusive Plant Protein Ingredient Market research report, a comprehensive analysis of the market structure along with a forecast of the various segments and sub-segments of the Food & Beverages industry can be obtained. Ease maintained in research method and application of best tools and techniques make this market research report exceptional. As per this market report, the market is expected to grow at a substantial Compound Annual Growth Rate (CAGR) during the forecast period 2022-2032.To produce a global Plant Protein Ingredient Market report, a team of multilingual researchers who are skilled in different languages come together with which they professionally execute market research globally.
A prognosis of the major segments and sub-segments of the Food & Beverages industry is provided in the Plant Protein Ingredient Market research report along with a market analysis that takes into consideration the market structure. The market type, organization size, on-premises availability, end-user organization type, and accessibility in regions like North America, South America, Europe, Asia-Pacific, and Middle East & Africa are a few factors that were taken into consideration when creating this market study. The document describes market research at the local, national, and international levels. The Plant Protein Ingredient Market study report brings a sizable market into sharp focus
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Key Takeaways of Global Plant Protein Ingredient Market
• The surge in demand for concentrate type of plant protein ingredients accounts for more than 60% market share and is expected to indicate a rising growth curve in plant protein ingredient market during period of forecast 2019 - 2027.
• Wheat plant protein ingredient type is a major contributor to global plant protein ingredient market and is projected to grow 1.4X over period of forecast 2019 - 2027.
• North America and East Asia plant protein ingredient market together hold more than 3/5th market share. East Asia will grow at a higher CAGR than the global average.
• South Asia and Oceania plant protein ingredient market to hold more than 10% market share in terms of volume and are likely to gain 178 BPS over forecast period 2019 - 2027.
• United States spending on plant protein ingredients is 1.7X as compared to Europe's per capita spending on plant protein ingredient which is around US$ 6. Moreover, per capita spending by these regions is projected to grow by more than 20% in next three years
• Pea protein and soy protein are gaining traction as compared to other plant protein ingredients across the globe owing to increased applications in nutrition.
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Plant Protein Ingredient Market: Segmentation
FactMR's study has done the segmentation of plant protein ingredient market on the basis of product type, form, application and region.
Product Type
• Soy Protein
• Wheat Protein
• Pea Protein
• Rice Protein
• Potato Protein
• Others
Form
• Isolate
• Concentrate
• Other Forms
Application
• Sports Nutrition
• Clinical Nutrition
• Infant Nutrition
• Bakery & Confectionary
• Fortified Food & Beverages
• Other Applications
Region
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA
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Report Benefits & Key Questions Answered
• Plant Protein Ingredient Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
• Plant Protein Ingredient Market Historical volume analysis: The report provides a comparison of Plant Protein Ingredient Market historical sales and projected sales performance for 2021-2031.
• Plant Protein Ingredient Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Plant Protein Ingredient Market It carefully gauges the impact of changing healthcare needs of key demographics globally
• Plant Protein Ingredient Market Consumption by demographics: The report investigates consumer behavior affecting Plant Protein Ingredient Market demand outlook for the assessment period. Effect of their keenness for digital trends on Plant Protein Ingredient Market is carefully analyzed
• Post COVID consumer spending on Plant Protein Ingredient Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Plant Protein Ingredient Market growth.
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