Bharat Book Bureau Provides the Trending Market Research Report on “Global Plant-based Protein Market Research Report 2028” under Food & Beverage Market Research Reports Category. Our report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Plant-based Protein Market by Stage (Soy Protein, Wheat Protein, Pea Protein, Canola Protein, Potato Protein, Rice Protein, Corn Protein), Application (Food and Beverages, Animal Feed, Nutritional Supplements, Pharmaceuticals) -Global Forecast to 2028
The research report titled “Plant-based Protein Market by Stage (Soy Protein, Wheat Protein, Pea Protein, Canola Protein, Potato Protein, Rice Protein, Corn Protein), Application (Food and Beverages, Animal Feed, Nutritional Supplements, Pharmaceuticals) -Global Forecast to 2028” provides in-depth analysis of plant-based protein market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2027. The Global Plant-Based Protein Market is expected to reach $23.4 billion by 2028, growing at a CAGR of 9.7% during the forecast period of 2021 to 2028.
The growth of this market is mainly attributed to the growing demand for protein-rich diet, growing health & wellness trend, increasing consumers’ focus on meat alternatives, growing demand from the food & beverage industry, and various advancements in ingredient technologies such as microencapsulation are the key factors driving the growth of the plant-based protein market.
The study offers a comprehensive analysis of the global plant-based protein market with respect to type (soy protein {soy protein concentrates, soy protein isolate, textured soy protein, and soy flour, grits, chunks}, wheat protein {vital wheat gluten, wheat protein isolate, hydrolyzed wheat protein, and textured wheat protein}, pea protein {pea protein isolate, pea protein concentrate, and others}, canola protein, potato protein, rice protein, corn protein, and others), crop type (genetically modified organism crops and non-genetically modified organism crops), source process (conventional plant-based protein ingredients and organic plant-based protein ingredients), application (food and beverages {meat, poultry, & seafood; bakery; meat analog; dairy & dairy alternatives; cereals & snacks; beverages; and others}, animal feed, nutrition and health supplements, pharmaceuticals, and others), and geography. The study also evaluates industry competitors and analyses the market at a country level.
Based on application, the global plant-based protein market is mainly segmented into food and beverages, animal feed, nutrition and health supplements, pharmaceuticals, and others. The food and beverage segment is estimated to account for the largest share of the overall plant-based protein market in 2021. The large share of this segment is mainly attributed to high consumer demand for sustainable products, growing awareness about the health benefits of plant proteins, increasing health concerns over animal products and ingredients, increasing vegan population, and rising meat prices and clean label trends. However, the nutrition and health supplement segment is expected to witness significant growth.
Geographically, the plant-based protein market is segmented into five major geographies, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The North American region is estimated to account for the largest share of the overall plant-based protein market in 2021. The large share of this region is primarily attributed to the well-established food and beverage industry, rising concerns over animal products and protein, increasing vegan population, growing preference for meat alternatives, increasing demand for healthy & nutritional products, and growing health & wellness trend. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The rapid growth of this region is mainly attributed to growing protein-rich diet awareness, increasing health consciousness, growing technological advancements in the food & beverages industry, and increasing raw material availability.
The key players operating in the global plant-based protein market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Roquette Frères Le Romain (France), Ingredion Incorporated (U.S.), Kerry Group (Ireland), DuPont de Nemours, Inc. (U.S.), Now Foods (U.S.), Tate & Lyle PCL (U.K.), Axiom Foods Inc. (U.S.), AMCO Protein (U.S.), Burcon NutraScience Corporation (Canada), BENEO GmbH (Germany), Glico Nutrition Co., Ltd (Japan), Glanbia plc (Ireland), Cosucra Groupe Warcoing SA (Belgium), Sotexpro (France), Farbest Brands (U.S.), Crespel & Deiters GmbH & Co. KG (Germany), Wilmar International (Singapore), and CHS Inc. (U.S.).
Scope of the Report
Plant-based Proteins Market, by Type
•Soy Protein
oSoy Protein Concentrates
oSoy Protein Isolates
oTextured Soy Protein
oSoy Flour, Grits, and Chunks
•Wheat Protein
oVital Wheat Gluten
oWheat Protein Isolates
oHydrolysed Wheat Protein
oTextured Wheat Protein
•Pea Protein
oPea Protein Isolate
oPea Protein Concentrate
oOthers
•Canola Protein
•Potato Protein
•Rice Protein
•Corn Protein
•Others
Plant-based Proteins Market, by Crop Type
•Genetically Modified Organism Crops
•Non- genetically Modified Organism Crops
Plant-based Proteins Market, by Source Process
•Conventional Plant-Based Protein Ingredients
•Organic Plant-Based Protein Ingredients
Plant-based Proteins Market, by Form
•Solid (Dry)
•Liquid
Plant-based Proteins Market, by Application
•Food and Beverages
oMeat, Poultry, & Seafood
oBakery
oMeat Analogue
oDairy & Dairy Alternatives
oCereals & Snacks
oBeverages
oOthers
•Animal Feed
•Nutrition & Health Supplements
•Pharmaceuticals
•Others
Plant-based Proteins Market, by Geography
•North America
oU.S.
oCanada
•Europe
oGermany
oFrance
oU.K.
oItaly
oSpain
oRest of Europe (RoE)
•Asia-Pacific (APAC)
oChina
oJapan
oIndia
oAustralia
oRest of Asia-Pacific (RoAPAC)
•Rest of the World
oLatin America
oMiddle East & Africa
Browse our full report with Table of Content : https://www.bharatbook.com/report/1165037/plant-based-protein-market-by-type-soy-protein-wheat-protein-pea-protein-potato-protein-rice-protein-corn-protein-crop-type-gmo-source-process-organic-application-food-and-beverages-animal-feed-nutritional-suppleme
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