Bharat
Book Bureau Provides the Trending Market Research Report on “Global Plant-Based Protein Markets” under Food & Beverage Category. The report offers a collection of
superior market research, market analysis, competitive intelligence and Market
reports.
The scope of this report is broad and
covers various product type available in the plant protein market and potential application sectors. The plant protein market is broken
down by product type. Revenue forecasts from 2018 to 2023 are given for each
technology and end-users with estimated valued derived from the revenue of
companies' total revenues.
The report also includes a discussion
of the major players across each regional plant protein market. Further, it
explains the major drivers and regional dynamics of the global plant protein
market and current trends within the industry.
The report concludes with a special
focus on the vendor landscape and includes detailed profiles of the major
vendors in the global plant protein market.
Request a free sample copy of Global
Plant-Based Protein Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1935645
Report Includes:
- 89 data tables and 37 additional
tables
- A brief general outlook of the global
plant-based protein market
- Analyses of global market trends with
data from 2017 to 2018, and projections of compound annual growth rates (CAGRs)
through 2023
- Identification of shifts in the
market from animal protein towards proteins derived from plants and consumer
demand for sustainable products, along with a global competitive landscape, major
M&A deals, and strategic alliances
- Data corresponding to regional trade
analysis, and import and export of plant-based protein ingredients in value and
volumetric terms
- Elaboration on the role of government
regulations, recent technological advancements, and economic trends and factors
that shape and influence the future marketplace
- Company profiles of the market
leading players, including Axiom Foods Inc., Cargill, Kerry Group, CHS Inc.,
and NOW Health Group, Inc.
Summary
The global plant protein ingredients
demand was estimated at REDACTED tons in 2018 and is expected to reach REDACTED
tons by 2023, growing at a CAGR of REDACTED from 2018 to 2023. In terms of
revenue, the market was valued at REDACTED in 2018 and is expected to reach
REDACTED by 2023, growing at CAGR of REDACTED from2018 to 2023.
Plant protein are being increasingly
used in the foods & beverages sector on account of its supplementing
protein content. Growth of the food & beverage sector primarily in Brazil,
India, China, and Mexico on account of increasing domestic consumption coupled
with adoption of modern farming technology is expected to drive the plant
protein market in the near future.
The plant protein product segment is
segmented into soy, wheat, pea, canola, potato, rice and others. These products
are used in various applications, including food & beverages, infant
formulation, personal care & cosmetics, animal feed and nutrition &
health supplements among others. Rising awareness towards nutrition enrichment as
well as growing health awareness among consumers has increased the importance
of dietary supplements and is expected to favorably impact market growth.
Furthermore, rising importance of protein consumption among vegetarians is
expected to have a positive impact on the market over the forecast period.
Rising concerns regarding dairy and meat allergies is expected to fuel the
demand for plant protein fortified food products over the forecast period.
Shifting trend of functional
ingredients fortification in the food & beverage industry on account of
rising need for added health benefits in various types of food products is
anticipated to fuel plant protein demand. Food & beverage industry growth
primarily in the BRICS and Middle East on account of rising domestic consumption
as well as growing foreign direct investments is expected to augment market
growth. In addition, population growth, rising disposable income, and
increasing urbanization in Middle East countries, especially Saudi Arabia, are
anticipated to promote food & beverage industry over the forecast period.
This in turn is likely to have a positive impact on the plant & dairy
protein market over the forecast years. Asia-Pacific is expected to be one of
the most promising markets on account of growing domestic consumption in China
and India in light of new product launches by numerous food & beverage
manufacturers.
Governments of India as well as China
have included the development of the domestic agriculture sector as part of
their 12th Five Year plan, which is thus expected to increase the production of
crops including rice, pea, canola, and potato. As a result, a greater number of
raw material suppliers are expected to crop up in proximity. The U.S. Food and
Drug Administration and the European Food Safety Authority consider almost all
plant protein safe for human consumption which is expected to have a positive
impact on their use in the food & beverage sector over the forecast period.
Technological development in the field
of plant protein ingredient development and manufacturing over the past few
years has resulted in their increased use in the food processing sector. Plant
proteins particularly soy and pea are popularly used as an egg substitute in
bakery and pasta products.
Rising R&D expenditure by various companies for development of new
pea protein extraction technology and its protein uses is anticipated to open
new avenues for the market over the forecast period. In November 2011, Burdon
Nutra Science Corporation developed a new protein extraction technology for
manufacturing a low pH, 100% soluble pea protein isolate aimed for its use in
the food and beverage sector.
Browse our full report with Table
of Content: https://www.bharatbook.com/marketreports/plant-based-protein-global-markets/1935645
About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market
Study, Market Trends & Analysis, Forecasts Customized Intelligence,
Newsletters and Online Databases. Overall a comprehensive coverage of major
industries with a further segmentation of 100+ subsectors.
Contact us at:
Bharat
Book Bureau
Tel:
+91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Comments
Post a Comment