Plant Proteins Market Growth, Trends, and Forecast 2025 | Demand for Vegan & Plant-Based Proteins | Top key players - Axiom's Foods, Amco Proteins, Cargill Incorporated.

The latest report published by DataM Intelligence highlights the growth prospects of Plant Proteins market. The industry expansion is majorly driven by developments in technology across the globe.

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The Global Plant Protein Market reached US$ 17 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 34 billion by 2031. The market is growing at a CAGR of 9.3% during the forecast period 2024-2031.

The Plant Proteins Market refers to the growing demand for protein-rich ingredients sourced from plants, such as soy, peas, and lentils. These proteins are increasingly used in food, beverages, and dietary supplements due to their nutritional benefits and appeal to health-conscious consumers. The market is expanding due to the rise in plant-based diets, sustainability trends, and a focus on reducing animal protein consumption.

Competitive Evaluation:

Companies covered in this report are Archer Daniels Midland Company, Axiom's Foods, Amco Proteins, Cargill Incorporated, E. I Du Pont de company, Glanbia Nutritionals, Growing Naturals, LLC, Kerry Group, Manitoba harvest hemp foods, Omega Protein Corporation, Roquette Foods, Scoular Companys Food Ingredient, Sodrugestvo Groups, and Sunwarrior.

The Plant Proteins Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

On January 9, 2023, Nestlé, under its Mahler brand, introduced a soy-based plant egg powder, offering consumers an affordable and nutritious alternative to traditional eggs. This product can be added to various egg dishes, such as omelets, enabling the creation of budget-friendly yet nutritious meals.

On February 12, 2022, Benson Hill, Inc., a US-based food tech company, launched its TruVail soy protein ingredient portfolio. The initial product range includes high-protein soy flour, a minimally processed version of soy protein concentrate (SPC), and texturized proteins. These products are designed for use in traditional soy protein applications and the rapidly growing plant-based protein market.

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Plant Proteins Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Type: Protein Concentrate, Protein Isolate, Textured Protein.

By Source: Pea Protein, Soy Protein, Wheat Protein, Other vegetable Protein.

By Application: Animal Feed, Food Ingredients (Bakery and confectionery, Beverages, Energy and sports drink, Meat Analogues, Ready to eat), Pharmaceuticals.

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Plant Proteins market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ 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)

In terms of geographical analysis, Plant Proteins Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Plant Proteins industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

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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