Alternative Proteins Market Growth: Trends, Innovations, and Future Outlook 2024-2031 | Top key players - Koninklijke DSM N.V, Kerry Group, DuPont.

The Global Alternative Proteins Market was valued at US$ 25.7 Billion in 2022 and is expected to reach USD 81.9 Billion by 2031, exhibiting a CAGR of 15.6% during the forecast period (2024-2031).

Alternative Proteins Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Alternative Proteins Market focuses on plant-based, insect-based, and lab-grown protein sources as sustainable alternatives to traditional animal proteins. Driven by rising consumer demand for health-conscious and eco-friendly diets, this market includes innovations in cultured meat, mycoproteins, and algae-based proteins. Advancements in food technology and increasing investments are accelerating market growth, transforming global food systems for a sustainable future.

List of the Key Players in the Alternative Proteins Market:

Koninklijke DSM N.V, Kerry Group, DuPont, Cargill, Incorporated, Ÿnsect, Ingredion Incorporated, Emsland Group, Cosucra Group and Batory Foods Chapul.

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Industry Development:

On March 23, 2021, DSM launched CanolaPRO, a plant-based protein source derived from the canola (or rapeseed) plant. This innovation aims to provide a sustainable alternative to animal-based proteins.

On June 15, 2022, Batory Foods announced a partnership with DouxMatok, a U.S.-Israeli food tech company, to expand the development of new alternative proteins, marking a significant step in the growing plant-based protein sector.

Growth Forecast Projected:

The Global Alternative Proteins Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Alternative Proteins Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Alternative Proteins Market:

By Type: Organic, Inorganic.

By Source: Plant Protein, Mycoprotein, Insect Protein, Algal Protein, Cultured Meat, Others.

By Form: Dry, Liquid.

By Application: Food & Beverages, Animal Feed & Pet Food, Personal Care and Cosmetics, Pharmaceuticals, Others.

Regional Analysis for Alternative Proteins Market:

The regional analysis of the Alternative Proteins Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Alternative Proteins market?

➠ Who are the leading manufacturers in the global Alternative Proteins industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Alternative Proteins industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Alternative Proteins market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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