Press Releases from ConsumerIntel360 (58 total)
The Plant Protein Consumption in Mexico Will Increase from US$290.7 Million in 2 …
The plant protein market in Mexico has recorded a strong growth with a CAGR of 30.7% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, plant protein sector in Mexico is becoming one of the most disruptive forces in the consumer food industry. There are a series of innovative launches from large consumer food companies and start-ups in the country, fundamentally redefining the protein consumption dynamics.
As the food…
According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, the Plant P …
The plant protein market in South Korea has recorded a strong growth with a CAGR of 28.8% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, South Korea is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian, vegan community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to…
Based on ConsumerIntel360's Analysis, The Plant Protein Consumption in Malaysia …
The plant protein market in Malaysia has recorded a strong growth with a CAGR of 26.9% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Malaysia.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
The Plant Protein Consumption in Kenya is Expected to Increase from US$22.2 mill …
The plant protein market in Kenya has recorded a strong growth with a CAGR of 32.1% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Kenya.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
According to ConsumerIntel360's Analysis, the Plant Protein Industry in Israel i …
The plant protein market in Israel has recorded a strong growth with a CAGR of 28.1% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, Israel is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian, vegan community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to animal-protein based…
ConsumerIntel360 Expects the Plant Protein Industry in Ireland to Grow at a CAGR …
The plant protein market in Ireland has recorded a strong growth with a CAGR of 22.0% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Ireland.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
Based on ConsumerIntel360's Analysis, The Plant Protein Industry in Greece is Ex …
The plant protein market in Greece has recorded a strong growth with a CAGR of 28.1% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, plant protein sector in Greece is becoming one of the most disruptive forces in the consumer food industry. There are a series of innovative launches from large consumer food companies and start-ups in the country, fundamentally redefining the protein consumption dynamics.
As the food…
ConsumerIntel360 Projects Plant Protein Industry in Finland to Grow at a CAGR of …
The plant protein market in Finland has recorded a strong growth with a CAGR of 20.9% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Finland.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
Based on ConsumerIntel360 Projections, Egypt Plant Protein Industry to Grow at a …
The plant protein market in Egypt has recorded a strong growth with a CAGR of 32.7% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, plant protein in Egypt is gaining traction among health-conscious consumers in recent years.
Large consumer food companies are launching plant-based alternatives to cater to the changing consumers' preferences. New product developments and a rising number of product launches in this segment are changing the…
Greece Construction Industry is Expected to Grow at a CAGR of 5.7% during 2022-2 …
According to ConsTrack360's Q4 2021 Global Construction Survey, construction industry in Greece is expected to grow by 9.9% to reach EUR 13,752 million in 2022.
Despite near-term challenges in certain construction sectors, medium to long term growth story in Greece remains intact. The construction industry in Greece is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR…
The Plant Protein Industry in Denmark is Expected to Grow at a CAGR of 17.0% dur …
The plant protein market in Denmark has recorded a strong growth with a CAGR of 24.1% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, plant protein sector in Denmark is becoming one of the most disruptive forces in the consumer food industry. There are a series of innovative launches from large consumer food companies and start-ups in the country, fundamentally redefining the protein consumption dynamics.
As the food…
The Plant Protein Industry in Colombia is Projected to Record a Growth of 23.6% …
The plant protein market in Colombia has recorded a strong growth with a CAGR of 33.7% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, Colombia is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian, vegan community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to animal-protein based…
The Chilean Plant Protein Industry is Forecasted to Record a Growth of 23.8% CAG …
The plant protein market in Chile has recorded a strong growth with a CAGR of 32.0% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Chile.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
According to ConsumerIntel360, Belgium Plant Protein Industry is Projected to Gr …
The plant protein market in Belgium has recorded a strong growth with a CAGR of 19.7% during 2018-2020. According to ConsumerIntel360's Q4 2020 Global Plant Protein Survey, Belgium is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to animal-protein based diets,…
ConsumerIntel360 Expects the Plant Protein Industry in Bangladesh to Grow at a C …
The plant protein market in Bangladesh has recorded a strong growth with a CAGR of 36.0% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Bangladesh.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
ConsumerIntel360 Expects the Plant Protein Industry in Austria to Grow at a CAGR …
The plant protein market in Austria has recorded a strong growth with a CAGR of 24.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Austria.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
ConsumerIntel360 Expects the Plant Protein Industry in Argentina to Grow at a CA …
The plant protein market in Argentina has recorded a strong growth with a CAGR of 28.4% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, plant protein sector in Argentina is becoming one of the most disruptive forces in the consumer food industry. There are a series of innovative launches from large consumer food companies and start-ups in the country, fundamentally redefining the protein consumption dynamics.
As the food…
ConsumerIntel360 Expects the Plant Protein Industry in the United States to Grow …
The strong growth of the US plant-based protein market is creating opportunities for already established large food processing companies and new entrants. Large food processing companies such as Tyson and Nestlé are moving faster to establish their presence in the plant-based proteins, due to increasing demand. Similarly, start-ups are raising funds to stay afloat in the US plant-based protein market. The market is also getting support from growing sales of…
ConsumerIntel360 Expects the Plant Protein Industry in the United Arab Emirates …
An increasing number of people in the country are looking to include dairy alternatives as well in their diet. Koita Foods, a dairy company based in Dubai, launched a new range of plant-based milk alternatives back in 2018. Their products are available in over 500 retailers and partners including hotels and hospitals across the country.
As the plant-based product industry continues to grow in the country, more global companies are anticipated…
ConsumerIntel360 Expects the Plant Protein Industry in Turkey to Grow at a CAGR …
In recent years, vegetarianism, and to limited extent veganism, is spreading across Turkey. Turkey has seen more than 200,000 COVID-19 cases by August 2020. Restriction on movement was imposed in Turkey to control the spread of the Coronavirus pandemic. This, in turn, has caused a strong preference for home-cooked, especially vegetarian, food. The pandemic has also impacted the market, food supplies, and the prices. Turkey's restrictions on exports from the…
ConsumerIntel360 Expects the Thailand Plant Protein Industry to Grow at a CAGR o …
The plant protein market in Thailand has recorded a strong growth with a CAGR of 31.7% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Thailand.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
ConsumerIntel360 Expects the South African Plant Protein Industry to Grow at a C …
The South African plant-based protein market has witnessed strong growth over the last few years. This growth is primarily driven by millennials and Gen Z leading the change, increasingly adopting healthier food habits such as vegetarianism, veganism, or a flexitarian diet. Food choices of Millennial and Gen Z segments are driven more by factors such as focus on health (natural, organic), food source (locally sourced) and animal welfare (plant based)…
ConsumerIntel360 Expects the Russian Plant Protein Industry to Grow at a CAGR of …
With recent research showing a greater role of proteins in accelerating the patient recovery time from COVID-19, COVID-care hospitals are increasingly providing in-patients recovering from the infection with protein- and calorie-rich food. Hence the rising number of infections and the rise in the number of recoveries bodes well for protein consumption. Plant-based protein supplements are especially experiencing strong demand gains, backed by increasing attention among the rising number of adult…
Japan Plant Protein Industry is Expected to Grow at a CAGR of 12.7% During 2021- …
In the wake of coronavirus outbreak, consumers are seeking healthy and safe meat alternatives, thereby driving the demand for plant-based meat in Japan. For instance, Marukome, a major manufacturer of miso pastes in Japan, recorded a significant increase in sales of its meat substitute products made from soybeans, in 2020. Consumers are emphasizing on maintaining their immune system and health with consumption of such healthy plant-based food.
The plant protein market…
ConsumerIntel360 Expects Italian Plant Protein Industry to Grow at a CAGR of 8.7 …
The Italian plant-protein market has recorded significant growth in recent years. The growth can be attributed to the increasing preference for plant-based protein among a large population. It is expected that key factors such as consumers’ shifting preference from animal-based protein to plant-based protein options are likely to attract companies to the Italian plant protein market in the short to medium term.
The plant protein market in Italy has recorded a…
ConsumerIntel360 Expects Indonesian Plant Protein Industry to Grow at a CAGR of …
The plant protein market in Indonesia has recorded a strong growth with a CAGR of 36.8% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Indonesia.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
Indian Plant Protein Industry is Expected to Grow at a CAGR of 29.0% During 2021 …
The plant protein market in India has recorded a strong growth with a CAGR of 36.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, plant protein in India is gaining traction among health-conscious consumers in recent years.
Large consumer food companies are launching plant-based alternatives to cater to the changing consumers' preferences. New product developments and a rising number of product launches in this segment are changing the…
Germany Plant Protein Industry to Record CAGR of 15.9% during 2021-2027 | Plant …
The food and beverage industry is undergoing a substantial change in Germany. Consumer interest in alternative proteins, non-animal-based food products is increasing, whereas the food industry is constantly innovating new ingredients and products to satisfy consumer demand.
Because of the changing food habits of consumers in Germany, businesses are innovating and launching new vegan products as a substitute for animal-based products. This is reflected in the fact that the number of…
Plant Protein Consumption in Australia to Account for 12% – 15% of all protein …
The protein demand in Australia has witnessed strong growth in the last decade. Currently, the Australian men consume about 80-110 gram of protein on daily basis, while Australian women consume 70-80 gm of protein per day.
In the wake of rising awareness around boosting immunity due to COVID-19 spread, food preferences are expected to change in the coming years. This is expected to benefit the plant-based protein demand as plant-based…
Plant Protein Consumption in Nigeria to Reach US$211.8 Million By 2027| In-Depth …
The plant protein market in Nigeria has recorded a strong growth with a CAGR of 32.0% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, Nigeria is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian, vegan community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to animal-protein based…
Plant Protein Market in the Netherlands Expected to Grow at a CAGR of 14.9% Duri …
The plant protein market in Netherlands has recorded a strong growth with a CAGR of 22.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Netherlands.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
According to ConsumerIntel360, Plant Protein Industry is Expected to Grow in Mya …
The plant protein market in Myanmar has recorded a strong growth with a CAGR of 33.0% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Myanmar.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
According to ConsumerIntel360, Plant Protein in Morocco is Gaining Traction Amon …
The plant protein market in Morocco has recorded a strong growth with a CAGR of 33.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, plant protein in Morocco is gaining traction among health-conscious consumers in recent years.
Large consumer food companies are launching plant-based alternatives to cater to the changing consumers' preferences. New product developments and a rising number of product launches in this segment are changing the…
Plant Protein Industry is Expected to Continue to Grow in Mexico Over the Foreca …
The plant protein market in Mexico has recorded a strong growth with a CAGR of 30.7% during 2018-2020. According to ConsumerIntel360, plant protein sector in Mexico is becoming one of the most disruptive forces in the consumer food industry. There are a series of innovative launches from large consumer food companies and start-ups in the country, fundamentally redefining the protein consumption dynamics.
As the food manufacturers go aggressive on gaining market…
South Korea Plant Protein Market to Reach US$1.1 Billion By 2027 | Plant Protein …
The plant protein market in South Korea has recorded a strong growth with a CAGR of 28.8% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, South Korea is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian, vegan community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to…
Plant Protein Market in Malaysia Recorded Double Digit Growth | Market Trends | …
The plant protein market in Malaysia has recorded a strong growth with a CAGR of 26.9% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Malaysia.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
Plant Protein Industry in Kenya is Expected to Record a CAGR of 24.9% during 202 …
The plant protein market in Kenya has recorded a strong growth with a CAGR of 32.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, sustainability concerns coupled with health mindfulness among consumers are driving the market for plant-based alternatives in Kenya.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the…
Plant Protein Industry is Expected to Record a CAGR of 20.9% During 2021-2027 | …
The plant protein market in Israel has recorded a strong growth with a CAGR of 28.1% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, Israel is witnessing a growing demand for plant-based protein diets, driven by the flexitarian consumer and the growing vegetarian, vegan community.
This shift from animal-based protein to plant-based protein is driven by the adoption of healthier food choices, availability of alternatives to animal-protein based…
Plant Protein Industry in Ireland is Expected to Record a CAGR of 13.5% During 2 …
The plant protein market in Ireland has recorded a strong growth with a CAGR of 22.0% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, increase in demand, and investments are expected to further drive innovation and inorganic growth in the plant-based protein industry in Ireland.
With incumbents attempting to protect/enhance their market share in this burgeoning space, the market is expected to record increase in new products. As…
Plant Protein Industry in Turkey is Expected to Record a CAGR of 24.9% During 20 …
Turkey is a conglomeration of different cultures. Turkey is the connection between Europe and Asia as the country is spread almost equally in western Asia and southeast Europe. A huge number of travelers from across the globe visit Istanbul. These factors have shaped the food habits of Turkey. A wide variety of food habits are being followed in Turkey.
Increasing awareness and hence changing preferences towards plant-based and dairy products is…
Thailand Plant Protein Market is Expected to Grow at a CAGR of 21.7% during 2021 …
Growing consumer preferences towards flexitarian and vegetarian foods are driving the demand for the plant-based protein industry in Thailand. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, about 42% of the people living in Thailand are looking to reduce their meat intake, replacing protein consumption from an alternate source.
Apart from the health and environmental factors, one other reason behind the rising demand for plant-based products in Thailand was the…
Plant Protein Consumption in South Africa to Reach US$284.3 Million by 2027 | Wh …
The South African plant-based protein market has witnessed strong growth over the last few years. This growth is primarily driven by millennials and Gen Z leading the change, increasingly adopting healthier food habits such as vegetarianism, veganism, or a flexitarian diet. Food choices of Millennial and Gen Z segments are driven more by factors such as focus on health (natural, organic), food source (locally sourced) and animal welfare (plant based)…
According to Consumerintel360 Plant Protein in Russia Expected to Grow at a CAGR …
Consumers in Russia are incorporating plant-based food and beverage products into their diets. The plant-based nutrition is gaining importance among more people following vegetarian diets, including those adopting vegan diets. The attractiveness of plant-based proteins is diverse, as with other behaviors. For many customers, the rationale for preferring plant-based proteins focuses on the correlation of health benefits, superior nutritional value, and the desire to reduce meat consumption.
Further, the market growth…
Plant Protein Market in Japan | Business and Investment Opportunities | Insight …
Plant protein market in Japan is a tiny percentage of overall protein consumption. However, it is gaining traction as increasingly consumers turn health-conscious in the recent years. Meat manufactures are experimenting with meat-based alternatives to cater to changing consumers preferences. Consumer shift to vegan and vegetarian has been late in Japan as compared to Europe and Japan. However, this is changing with a growing consumer trend of responsible and sustainable…
Italy Plant Protein Business and Investment Opportunities by 2027 | Insight Seri …
The Italian plant-protein market has recorded significant growth in recent years. The growth can be attributed to the increasing preference for plant-based protein among a large population. It is expected that key factors such as consumers’ shifting preference from animal-based protein to plant-based protein options are likely to attract companies to the Italian plant protein market in the short to medium term.
Moreover, the rising vegan population in the country is…
Indonesia Plant Protein Market Competitive Landscape & Brand Share | Specific St …
Veganism is a growing trend in Indonesia, supported by a range of factors. Middle and upper class urban Indonesian consumers are increasingly migrating to a healthier diet and becoming vegan, vegetarian, or flexitarian. In recent years, a range of global and local companies have launched plant-based alternatives in the Indonesian market.
According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, about 43% of the urban Indonesians consumed non-animal sources of protein…
India Plant Protein Market Business and Investment Opportunities | White Space / …
The plant-based protein market in India has been recording a strong growth in recent quarters across segments such as dairy alternatives, supplement products, meat substitutes, and processed products. The growth is mainly driven by the rising purchasing power of lower and middle-income families, increasing demand for gluten-free and lactose-free products. It is expected that increasing number of youths going to gyms, fitness clubs, and growing health consciousness especially among GenZ…
Plant Protein Market in Germany | Recent Industry Developments, Growth Factors a …
The food and beverage industry is undergoing a substantial change in Germany. Consumer interest in alternative proteins, non-animal-based food products is increasing, whereas the food industry is constantly innovating new ingredients and products to satisfy consumer demand.
Germany has emerged as the leading force in the European vegan-revolution. The country has one of the highest rates of vegetarians as compared to any other European country. According to ConsumerIntel360’s Q4 2020 Global…
Brazil Plant Protein Market Size by Ingredients & Product Categories Consumer De …
The Brazilian plant-based protein market is growing rapidly, with protein products being launched across key retail outlets, e-commerce sites, natural food stores, and even corner shops. This growth is primarily backed by the rising health consciousness and animal rights. Environmental issues, ethical, and social reasons are other factors that are also supporting the market growth. The resulting growth in the market is offering attractive business and investment opportunities in the…
China Plant Protein Market Size (2021-2027) | Market Trends | Ingredient Analysi …
China is one of the biggest meat consumers, especially beef, consuming more than a quarter of the world's meat. Owing to government legislation, health-related issues, climate, and animal welfare, as well as costs, vegetarianism has gained traction in China over the past few years.
The country has been using vegetarian ingredients even before the concept of plant-based protein or meat alternatives was introduced to add a meat-like savory taste to vegan…
