Plant protein is simply a meaningful food source of protein which is from plants. Plant proteins are experiencing their time in the limelight, with manufacturers launching plant-based completely protein products in retail and foodservice chains launching plant-protein menu innovations. Of late, growth in the demand for additional nutritional supplements is increasing consistently as customers seek sources to enable the body to gain proper nourishment. This, in turn, an increase in spending on these products significantly drives the growth of the global plant-based proteins market globally.
The latest study released on the Global Plant-Based Protein Market by HTF MI Research evaluates market size, trend, and forecast to 2029. The Plant-Based Protein market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Cargill (United States), Archer Daniels Midland Company (United States), DowDuPont (United States), Glanbia Plc (Ireland), Kerry Group (Ireland), Tate & Lyle PLC (United Kingdom), Ingredion Incorporated (United States), Burcon NutraScience Corporation (Canada), Koninklijke DSM N.V. (Netherlands), Sotexpro S.A. (France), Axiom Foods (United States), The Scoular Company (United States)
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“According to HTF Market Intelligence, the Global Plant-Based Protein market is expected to see a growth rate of 7.24% and may see a market size of USD19.32 Billion by 2028, currently pegged at USD12.7 Billion.”
Market Trends:
- Increase in Trend of Health and Sustainability Globally
- Social Media Trends to Sway More Consumers Toward Plant-Based Proteins
Market Drivers:
- Growing Popularity of Plant-Based Products in Developed Nations
- Growing Cases Number of Lactose Intolerance and Milk Allergies
- Huge Investments in Plant-Based Food Businesses by Market Players
Market Opportunities:
- Constant Rise in Demand for Food With Organic Ingredients
- Increasing Number of Health Conscious People across the World
- Growing Consumers’ Focus on Meat Alternatives
Major Highlights of the Plant-Based Protein Market report released by HTF MI
Market Breakdown by Application (Nutritional Products, Bakery, Snacks & Cereals, Dairy, Confectionary and Dessert, Convenience Food, Others) by Type (Soy Protein, Wheat Protein, Pea Protein, Others) by Nature (Organic, Conventional) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Plant-Based Protein market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- -To carefully analyze and forecast the size of the Plant-Based Protein market by value and volume.
- -To estimate the market shares of major segments of the Plant-Based Protein
- -To showcase the development of the Plant-Based Protein market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Plant-Based Protein market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Plant-Based Protein
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Plant-Based Protein market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Points Covered in Table of Content of Global Plant-Based Protein Market:
Chapter 01 – Plant-Based Protein Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Plant-Based Protein Market – Pricing Analysis
Chapter 05 – Global Plant-Based Protein Market Background
Chapter 06 — Global Plant-Based Protein Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Plant-Based Protein Market
Chapter 08 – Global Plant-Based Protein Market Structure Analysis
Chapter 09 – Global Plant-Based Protein Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Plant-Based Protein Market Research Methodology
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Key questions answered
- How feasible is Plant-Based Protein market for long-term investment?
- What are influencing factors driving the demand for Plant-Based Protein near future?
- What is the impact analysis of various factors in the Global Plant-Based Protein market growth?
- What are the recent trends in the regional market and how successful they are?
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