The global Plant-based Protein Market will be worth USD 16.63 Billion by 2027, according to a current analysis by Emergen Research. The growth of plant-based protein market can be attributed to the increasing awareness among the health-conscious population and their changing dietary patterns. The report offers a holistic coverage of the Plant-based Protein market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets. The growing demand for Protein supplements among consumers to improve their health and wellness is expected to drive the growth of plant-based protein products. The sedentary lifestyle of the growing population has resulted in the prevalence of lifestyle-related chronic diseases, which has increased their need to consume plant-based protein products.
Advancements in biotechnology and microbiology research activities are expected to fuel the development of the plant-based protein market over the forecast period. Increasing innovations and the launch of newly enhanced products by the emerging and key players in the plant-based protein market are augmenting the market growth at the global level. The rising lactose intolerance among the growing population is also contributing to the growth of the plant-based protein market over the forecast period. The growing trend of Plant-based milk with extra protein is boosting the development of the industry.
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This section of the report performs a thorough investigation into the intensely competitive landscape of the global Plant-based Protein market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant. The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions. The key industry participants include:
- CARGILL, ARCHER DANIELS MIDLAND (ADM), DuPont, ROQUETTE FRÈRES, GLANBIA, WILMAR INTERNATIONAL, DSM, KERRY GROUP, EMSLAND GROUP, and INGREDION, among others.
Key Highlights From The Report
- The dry form segment held the largest market share of 59.6% in 2019. Increasing demand for protein concentrates has resulted in the growing utilization of the dry form of processing of protein for the production of the concentrates.
- Protein Isolates are forecasted to grow with the fastest CAGR of 7.6% over the forecast period. The protein isolates can easily be mixed with different food products and easy to digest, which has increased its demand among the health-conscious population.
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter's Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape. The new report is updated with the impact of the COVID-19 pandemic on the Plant-based Protein market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Plant-based Protein market.
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The report, additionally, presents a comprehensive analysis of the key elements of the Plant-based Protein market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter's Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.
Emergen Research has segmented the global Plant-based Protein Market on the basis of Type, Form, Application, Source, and region:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Protein Concentrates
- Protein Isolates
- Textured Protein
- Form Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Food Ingredients
- Animal Feed
- Source Outlook (Revenue, USD Billion; 2017-2027)
- Others (Rice, Potato, Canola, and Oats)
Global Plant-based Protein Market Geographical Landscape - Synopsis:
- The report closely studies the growth trajectory of the global Plant-based Protein market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
- Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Alopecia Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Alopecia Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Alopecia Market Segmentation & Impact Analysis
4.1. Alopecia Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Alopecia Market indicators analysis
4.2.2. Alopecia Market drivers analysis
126.96.36.199. Rapid urbanization and industrialization
188.8.131.52. Stringent government regulations regarding carbon emissions
184.108.40.206. Increasing prevalence of respiratory diseases
220.127.116.11. Rising need to enhance indoor air quality
4.2.3. Alopecia Market restraints analysis
18.104.22.168. High cost associated with the maintenance of Alopecia products
22.214.171.124. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Key Questions Answered in the Report:
What is the growth rate of the Plant-based Protein market? What is the anticipated market valuation of Plant-based Protein industry by 2027?
What are the key growth driving and restraining factors of the Plant-based Protein market?
What are the key opportunities and growth prospects of the Plant-based Protein industry over the forecast period?
Which region is expected to show significant growth in the coming years?
Key Benefits of Buying the Global Plant-based Protein Report:
- Comprehensive analysis of the changing competitive landscape
- The report offers an 8-year forecast and assessment of the Global Plant-based Protein Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Plant-based Protein Market
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