Press release
Alternative Protein Market is projected to reach USD 130.47 Billion by 2030 : Cognitive Market Research
Alternative Protein Market is projected to reach USD 130.47 Billion by 2030 : Cognitive Market Research
- Alternative proteins are the broader concept that is produced from plants or animal cells, or even by using the fermentation process. The final products are similar in taste to that of conventional animal products in relatively cheaper prices. Alternative proteins consume less inputs, such as land and water, and generates less amount of harmful gas emission. Thus, alternative proteins help us to lead a better way to feed the world.
Summary:
- As per Cognitive Market Research, Global Alternative Protein market size was $51.28 Billion in 2022 and it is forecasted to reach $130.47 Billion by 2030. Alternative Protein Industry's Compound Annual Growth Rate will be 19.69% from 2023 to 2030.
"To know more about The Alternative Protein Market statistics click here: https://www.cognitivemarketresearch.com/alternative-protein-market-report
Market Dynamics:
• Rise in the admiration of health and nutrition-based products:
With increasing urbanization, digitalization and commercialization, the population across the globe has become busier and more stressed. Moreover, increasing number of the working population, especially women population has invited stress and associated illness.
The adoption of a sedentary and unhealthy lifestyle is also boosting the need for physical fitness, and nutrition factors. In such cases, taking control of life becomes more difficult with the busy schedule, hence people try to incorporate little changes in their lifestyle.
• Surging investment in plant-based food:
Consumers have increased the adoption of the plant-based diet owing to various factors, such as improved overall health awareness, weight management, a desire to eat cleanly, and a desire to eat more sustainable food. This high inclination is majorly bolstered by social media awareness.
Market Segmentation:
Source Type:
• Plant-based
• Insect-based
• Microbial-based
Application:
• Meat Analog
• Bakery
• Beverages
• Cereals
• Dairy Alternatives
• Animal Feed
• Pet Food
• Others
The Major Players in Alternative Protein Market are: Archer Daniels Midland Company , Cargill Incorporated , Kerry Group , Now Foods , Ingredion Incorporated , Roquette Freres , Beyond Food , CHS Inc , Sotexpro , Beneo GmbH , Others
Get free sample pages of the latest published Alternative Protein Market Report: https://www.cognitivemarketresearch.com/alternative-protein-market-report#request_sample
Regional Analysis:
- The North America alternative protein market dominates the overall market mostly because of the presence of major players in the U.S. Further, people in North America are more inclined towards healthy eating habits, along with consumption of sustainable products. In year 2018, U.S. consumers bought 157 million units of plant-based products which allowed industry to grow exponentially.
News:
• November 2022, Ingredion has declared its focus on plant-based proteins, texturants
Ingredion, Inc. is sharpening its focus on becoming a leader in texturizing, sugar reduction and plant-based proteins. During the quarter, the specialty ingredient supplier faced higher corn and other input costs.
• January 2023, Roquette has invested in DAIZ, an innovative Japanese food tech startup
Roquette has announced its investment in DAIZ Inc., a Japanese food tech startup that has developed breakthrough technology utilizing germination of plant seeds combined with an extrusion process to enhance texture, flavor and the nutritional profile for plant-based foods. This partnership will allow Roquette and DAIZ to continue realizing their strong growth ambitions and meet rising global demand for innovative and sustainable plant-based ingredients combining great taste and high-quality nutritional value.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Alternative Protein Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Alternative Protein Market Segmentation
1.5.1 Alternative Protein Market Regional Fragmentation
1.5.1 Alternative Protein Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Alternative Protein Market
Chapter 4 Global Alternative Protein Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Alternative Protein Market by Source Type Segmentation Analysis (2018-2030)
Chapter 10 Global Alternative Protein Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Alternative Protein Market Regional Analysis
Chapter 12 North America Alternative Protein Market Outlook (2018 - 2030)
Chapter 13 Europe Alternative Protein Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Alternative Protein Market Outlook (2018 - 2030)
Chapter 15 Latin America Alternative Protein Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Alternative Protein Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about Alternative Protein Market TOC click here: https://www.cognitivemarketresearch.com/alternative-protein-market-report#table_of_contents
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• Protein Films market - https://www.cognitivemarketresearch.com/protein-films-market-report
• Protein Biochip market - https://www.cognitivemarketresearch.com/protein-biochip-market-report
• Alternative Protein Substitutes market - https://www.cognitivemarketresearch.com/alternative-protein-substitutes-market-report
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• What is Syndicated Research What are its Advantages - https://www.cognitivemarketresearch.com/blog/what-is-syndicated-research-what-are-its-advantages
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• Why the demand for well intervention is expanding - https://www.cognitivemarketresearch.com/articles/why-the-demand-for-well-intervention-is-expanding
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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