Press release
Plant Protein Ingredients Are In High Demand Due To Increased Consumption By The Sports Segment & Growing Veganism
The rise in veganism has sustained the demand for components containing plant proteins. Growing vegan populations in important nations like Brazil, the United Kingdom, Germany, and India, among others, have boosted demand for plant-based protein sources over dairy-based protein products.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=4507?PS
Rise in Number of Sports Athletes Upholding Demand for Plant Protein Ingredients
Sports athletes that engage in intense aerobic and anaerobic exercise need more protein, which has led them to include it in their regular diets. The market for plant protein ingredients is gaining enormous pace as more athletes choose plant proteins as an alternative to meat products.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐
โข Kerry Group
โข AMCO Proteins
โข The Scoular Company
โข A&B Ingredients
โข Glanbia PLC
โข Axiom Foods Inc.
โข Batory Foods
โข Arla Food Ingredients
โข Archer Daniel Midland Company
โข NutraScience Labs
โข ABH Pharma Inc.
โข Sun Brothers, LLC
The number of athletic and sporting activities has seen a significant increase, which is driving up demand for plant protein components. Sales are expected to increase by more than US$ 1.0 Bn by the end of the forecast period due to the sport segment's increasing usage of plant protein components.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4507?PS
While the demand for plant protein components has been steady in industrialised nations, consumption has surged in emerging economies due to rising spending on health and wellness in consumer-driven markets like China, India, and Brazil, among others.
It is anticipated that the consumption in East Asia, South Asia, and Latin America would increase at a CAGR that is higher than the global average and will present numerous chances for startups that produce plant protein components.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ฅ๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก
By Product Type :
โข Soy Protein
โข Wheat Protein
โข Pea Protein
โข Rice Protein
โข Potato Protein
โข Others
By Form :
โข Isolates
โข Concentrates
โข Others
By Application :
Sports Nutrition
Clinical Nutrition
Infant Nutrition
Bakery & Confectionary
Fortified Food & Beverages
Others
By Region :
โข North America
โข Europe
โข Asia Pacific
โข Latin America
โข Middle East & Africa
๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐๐ง๐ญ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
How key market players in the Plant Protein Ingredient market are maintaining their competitive advantage in the wake of globalization?
What changing market dynamics in the Plant Protein Ingredient market specify about the future opportunities for manufacturers?
How Covid-19 pandemic affected sales in the Plant Protein Ingredient market and what strategies are expected to recover from its impact?
What business tactics are gaining attention and influencing Plant Protein Ingredient market rivalry?
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