Plant Protein Ingredients Market Size to Boost USD 10.27 Billion By 2032 | CAGR 6.3% - Published by Emergen Research

The global Plant Protein Ingredients Market size is expected to reach USD 10.27 Billion in 2032 and register a steady revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Increasing number of people adopting vegetarian and vegan diets is a key factor driving market revenue growth. Plant protein ingredients contain less saturated fat and cholesterol than animal protein sources, potentially benefiting heart health and weight control. Consumers are shifting to plant-based diets as they become more aware about negative environmental effects of animal husbandry and meat consumption. In addition, increasing need of plant-based food components, such as soy protein, pea protein, and plant-based sweeteners, is another key factor driving revenue growth of the market.

The latest research report serves as a perfect example of the precise analysis of the global Plant Protein Ingredients Market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Plant Protein Ingredients industry.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/2278

Drivers of the Plant Protein Ingredients Market :

Several factors are driving the growth of the plant protein ingredients market. Firstly, the rising awareness about health and wellness among consumers is a significant driver. Plant-based proteins are perceived as healthier alternatives to animal proteins due to their lower levels of saturated fats and cholesterol. Additionally, the growing prevalence of lifestyle-related diseases such as obesity, diabetes, and heart diseases has prompted consumers to adopt healthier dietary habits, including incorporating more plant-based foods into their diets. Moreover, the increasing demand for vegetarian and vegan products, coupled with concerns about animal welfare and sustainability, is further propelling the market growth.

 Restraints and Challenges

Despite the promising growth prospects, the plant protein ingredients market faces several challenges and restraints. One of the primary challenges is the higher cost of plant-based proteins compared to their animal-derived counterparts. The production and processing of plant protein ingredients often require advanced technologies and infrastructure, leading to higher manufacturing costs. This cost factor can hinder the adoption of plant-based products, especially in emerging economies where price sensitivity is high. Additionally, the taste and texture of plant-based products may not always replicate those of animal-derived products, which could deter some consumers from making the switch.

 Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/2278

The report also discusses the key players involved in the market such as:

ADM, CHS Inc., Fuji Oil Holdings Inc., International Flavors & Fragrances Inc., Kerry Group plc, Nagata India, Nippn Corporation, Shandong Jianyuan Group, Südzucker AG, and Tereos.

The report provides a thorough estimation of the overall impact of the pandemic on the Plant Protein Ingredients Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Plant Protein Ingredients Market

Plant Protein Ingredients Latest Industry News

On 9 August 2023, Novozymes collaborated with Arla Foods components announced for the development of enhanced protein components using precision fermentation. Precision fermentation is a technique used by the biotechnology company Novozymes to fine-tune the molecular output of microbes, allowing for more control over the fermentation process and tailor-made protein compositions.

Direct Order Can Be Placed Through This Link [Exclusive Copy] @  https://www.emergenresearch.com/select-license/2278

Plant Protein Ingredients Market Segment Analysis :

For the purpose of this report, Emergen Research has segmented the global plant protein ingredients market on the basis of product type, form, application, end-use, functionality, and region:

· Product Type Outlook (Revenue, USD Billion; 2019-2032)
Soy Protein
Wheat Protein
Pea Protein
Rice Protein
Potato Protein
Others
· Form Outlook (Revenue, USD Billion; 2019-2032)
Isolates
Concentrates
Others
· Application Outlook (Revenue, USD Billion; 2019-2032)
Food & Beverages (F&B)
Meat Alternatives
Dairy Alternatives
Bakery and Snacks
Nutritional Supplements
Beverages
Others
Animal Feed
· End-use Outlook (Revenue, USD Billion; 2019-2032)
Retail Consumers
Food Service and Hospitality
Industrial Food Manufacturers
Sports Nutrition and Fitness Industry
Pharmaceutical Industry
· Functionality Outlook (Revenue, USD Billion; 2019-2032)
Emulsification
Foaming
Gelling
Binding
Texturizing
Stabilizing
Others
· Regional Outlook (Revenue, USD Billion, 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of Middle East & Africa

 Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/plant-protein-ingredients-market

Contact Us:
Eric Lee
Corporate Sales Specialist
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Emergen Research Media Citations: https://www.emergenresearch.com/media-citations
Visit for More Insights: https://www.emergenresearch.com/insights
Custom Intelligence services https://www.emergenresearch.com/custom-intelligence
Growth Consulting Services https://www.emergenresearch.com/growth-consultant

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors

This release was published on openPR.