The global plant protein ingredients market is valued at US$ 6 billion in 2023 and is expected to reach US$ 11 billion by 2033-end. Global demand for plant protein ingredients is predicted to increase at a CAGR of 6.2% from 2023 to 2033.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Plant Protein Ingredients market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting markt growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Plant Protein Ingredients market.
Download Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4507
Key findings of the Plant Protein Ingredients market study:
- Regional breakdown of the Plant Protein Ingredients market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Plant Protein Ingredients vendors in detail.
- Region-wise and country-wise fragmentation of the Plant Protein Ingredients market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Plant Protein Ingredients market.
Key Companies Profiled
- Kerry Group
- AMCO Proteins
- The Scoular Company
- A&B Ingredients
- Glanbia PLC
- Axiom Foods Inc.
- Batory Foods
- Arla Food Ingredients
- Archer Daniel Midland Company
- NutraScience Labs
- ABH Pharma Inc.
- Sun Brothers, LLC
Rapidly Rising Popularity of Veganism in North America
- North America accounts for 50% share of the global market in 2023.
The market for plant protein ingredients is dominated by North America because of the rising popularity of veganism among consumers, the growing consumption of healthy foods and beverages, and the presence of top producers of plant protein ingredients.
Competitive Landscape
Leading companies are focusing on quality control, supply chain management, and expanding their production capacities following safety regulations. Major market participants are maintaining product standards to meet the growing demand for plant protein ingredients.
Top plant protein ingredient producers are improving the nutritional value of products. To enhance their commercial capabilities and operational efficiencies, they are engaging in research and development efforts.
For instance,
- In 2020, ADM introduced Arcon T, a series of textured pea protein products to address the increasing demand for pea protein.
- In 2022, Roquette, a leader in plant-based protein, recently introduced its NUTRALYS® line of organic textured protein made from peas and fava for the European market.
Key Segments of Plant Protein Ingredients Industry Research
- By Product Type :
- Soy Protein
- Wheat Protein
- Pea Protein
- Rice Protein
- Potato Protein
- Others
- By Form :
- Isolates
- Concentrates
- Others
- By Application :
- Sports Nutrition
- Clinical Nutrition
- Infant Nutrition
- Bakery & Confectionary
- Fortified Food & Beverages
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Get Full Access of the Complete Report:
https://www.factmr.com/checkout/4507
Queries addressed in the Plant Protein Ingredients market report:
- Why are the Smart Meter Data Manag ement market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Plant Protein Ingredients market?
- Which regions are displaying the fastest growth in the Plant Protein Ingredients market?
- What are the underlying micro- macroeconomic factors affecting the global Plant Protein Ingredients market?
Why choose Fact.MR?
Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
