Press release
Global Plant Protein Market Trends and Growth Outlook | Most Leading Companies likes - Archer Daniels Midland Company, Axiom's Foods, Amco Proteins, Cargill Incorporated, E. I Du Pont de company
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.Plant Proteins Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Plant protein is derived from sources such as legumes, grains, nuts, seeds, and vegetables, offering a sustainable and nutritious alternative to animal-based proteins. Rich in essential amino acids, fiber, and beneficial plant compounds, it supports muscle growth, heart health, and overall wellness. Widely used in food products, supplements, and meat alternatives, plant protein is a key component of vegetarian, vegan, and environmentally conscious diets.
Major players in the Plant Proteins market
The prominent players in Plant Proteins market research 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 companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Plant Proteins Market Key Development
→ On January 9, 2023, Nestlé's Mahler brand launched a soy-based plant egg powder to create affordable, nutritious egg dishes like omelets.
→ On February 12, 2022, Benson Hill introduced its TruVail soy protein portfolio, including high-protein soy flour and texturized proteins for traditional and plant-based markets.
→ On September 19, 2022, ADM launched a new Soy Protein Extrusion Plant to expand its capabilities in the plant-based protein sector.
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Plant Proteins Market Segments
By Source: Wheat Protein, Soy Protein, Pea Protein, Other vegetable Protein, Nuts and seeds
By Type: Protein Isolate, Protein Concentrate, Textured Protein
By Application: Food Ingredients, Pharmaceuticals, Animal Feed
The Plant Proteins industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Plant Proteins Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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