Press release
Plant-Based Proteins Market Market Growth to be Propelled by Increasing Demand from Wheat and Pea
Global Plant-Based Proteins Market: Forecast Highlights
According to the research study by Persistence Market Research, the global plant based proteins market is witnessing high growth in the coming years. It is poised to register a robust CAGR of 5.7% throughout the period of forecast 2017-2025. In 2017, the global market was viewed at US$ 10.5 Bn and with this growth rate, it is estimated to reach a value of around US$ 16.3 Bn by the end of 2025.
Request Sample: https://www.persistencemarketresearch.com/samples/10283
Rising demand for clean label products to drive growth of the global plant-based proteins market
As stated by Persistence Market Research, the global plant-based proteins market is anticipated to grow at a robust rate to reach a significant value by the end of the assessment period. The plant-based proteins market has been experiencing noteworthy growth during 2012-2016 period. It is projected to grow at a value CAGR of 5.7% throughout the period of forecast to reflect a market value about US$ 16.3 Bn by the end of 2025 from a market valuation of about US$ 10.5 Bn in 2017. This growth can be attributed to the rising demand for plant-based proteins in various food & beverages, and bakery products during the period of assessment as well as rising demand for clean label products. Plant-based proteins are looked upon as healthy alternatives to dairy/animal proteins and this fact is supporting the growth of the global plant-based proteins market. Moreover, trends such as rising demand for organic-based foods and increasing demand for healthier and premium food options are indirectly influencing the growth of the global market in a positive way.
Soy protein segment to bolster its dominance during the assessment period
Soy protein segment by product type is the largest segment and is anticipated to dominate the global market by product type with respect to market value share by the end of 2025. The soy segment was valued at US$ 6.8 Bn in 2017 and is estimated to portray a value of about US$ 10.4 Bn by the end of 2025. This segment is projected to grow at a high value CAGR of 5.4% during the period of assessment 2017-2025. This segment is expected to create absolute dollar opportunity of US$ 323.5 Mn in 2017 over 2016 and an incremental dollar opportunity of US$ 3.6 Bn between 2017 and 2025.
Download TOC: https://www.persistencemarketresearch.com/market-research/plantbased-protein-market/toc
Wheat and Pea show high growth opportunities
By product type, wheat protein and pea protein segments show good growth opportunities in the coming years. The wheat protein segment is anticipated to reach a market evaluation of about US$ 3.6 Bn by the end of 2025 from an evaluation of US$ 2.3 Bn in 2017. This segment is expected to grow at a robust CAGR of 6.1% throughout the period of forecast. The pea protein segment is an emerging one and is anticipated to project the highest growth during the entire forecast period. It is poised to register the highest CAGR of 7.0% during 2017-2025 owing to rising awareness of high nutritional value that pea proteins provide. But this segment shows less strength in terms of market revenue as compared to wheat and soy proteins segments.
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us:
305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plant-Based Proteins Market Market Growth to be Propelled by Increasing Demand from Wheat and Pea here
News-ID: 782765 • Views: …
More Releases from Persistence Market Research
Libya Baby Diapers and Wipes Market Set to Reach US$ 392.2 Mn by 2033 Says Persi …
The Libya baby diapers and wipes market is projected to expand at a 4.5% compound annual growth rate (CAGR) from 2023 to 2033, reaching an estimated value of US$ 392.2 million by 2033. The market was valued at US$ 242.9 million at the end of 2022.
Request a Sample: https://www.persistencemarketresearch.com/samples/33030
Key Market Drivers
Several factors are underpinning the growth in the Libyan market for baby diapers and wipes:
• Growing awareness of infant hygiene: As…
Foodservice Packaging Market Worth 522.4 Billion by 2032 - Persistence Market Re …
The foodservice packaging market is undergoing significant transformation, driven by evolving consumer preferences, technological innovations, and rising sustainability demands. Foodservice packaging encompasses a wide range of products including containers, trays, cups, lids, bags, and cutlery used across quick-service restaurants, full-service dining, catering, and delivery platforms.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/22354
As global food consumption habits shift toward convenience and on-the-go…
BOPP for Labels Market to Reach US$ 31.2 Billion by 2032 with 6.1% CAGR, Reports …
The packaging and labelling industry has witnessed significant transformation over the past decade, with brands increasingly seeking materials that are cost-effective, durable, and visually appealing. One material that has gained substantial traction in this context is biaxially oriented polypropylene, commonly known as BOPP. BOPP films are widely recognized for their versatility, excellent printability, and resilience against moisture and chemicals. These characteristics make BOPP an ideal choice for labels across various…
Emulsion Explosives Market to Grow from US$ 2.57 Billion in 2024 to US$ 3.57 Bil …
The global emulsion explosive market has witnessed substantial growth over the past few years, driven by increasing demand from the mining, construction, and infrastructure sectors. Emulsion explosives are considered a safer, more efficient alternative to traditional blasting agents due to their improved performance, water resistance, and enhanced safety profile. Their adoption is growing steadily as industries seek higher productivity, better control, and environmentally safer solutions for blasting operations.
Get a Sample…
More Releases for Proteins
Plant Proteins Market Growth, Trends, and Forecast 2025 | Demand for Vegan & Pla …
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.
Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/plant-proteins-market?sz
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…
Difficult-to-Express Proteins Market: Shift Towards Protein Therapeutics and Rec …
The Projections for the Rapidly Expanding Difficult-to-Express Proteins Market Size
• The difficult-to-express proteins market size has shown considerable growth, with the market size projected to increase from $4.65 billion in 2024 to $5.22 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.1%. This expansion is strongly influenced by the increased demand for protein therapeutics, technological advancements in biopharmaceuticals, and challenges in drug development.
• Looking ahead, the…
Functional Proteins Market To Show Strong Growth & Demand | AMCO Proteins, Milk …
The ' Functional Proteins market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Functional Proteins market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Functional Proteins market size forecast, market…
FutureBridge: Research reveals four next-generation proteins best-positioned to …
There is a need for manufacturers to start looking beyond wheat, soy and pea to allow for a more diverse palate of crops to work with - says FutureBridge
Utrecht, The Netherlands, April 21, 2020: Consumer demand for a healthier and more sustainable diet continues to drive new plant protein products onto retail shelves. The global plant-based protein market will reach $10.8B by 2022, supported by a CAGR of 6.7%.
But growing…
Recombinant Proteins Market 2022 | Recombinant Proteins Market: Global Industry …
Recombinant proteins play an imperative role in treating various diseases, such as hemophilia. Majority of the recombinant proteins used are human proteins, in order to compensate the functional proteins in vivo defects by increasing the protein function in a body. This Research Report Insights analyzes the expansion of global recombinant protein market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
The next…
Antifreeze Proteins Market
Global Antifreeze Proteins Market to reach USD 16.27 million by 2025.
Global Antifreeze Proteins Market valued approximately USD 1.44 million in 2016 is forecasted to grow with a healthy growth rate of more than 30.92% over the forecast period 2018-2025. The major factors speculated to augment the markets are improvements in technology to augment fish farming in cooler climates, and benefits associated with antifreeze proteins. evolving markets, and growing investments in…
