Market Analysis and Insight: Global Green Plant-Based Proteins Market
Green Plant-Based Proteins Market, By Source (Soy, Wheat, Pea and Others), Application (Protein Beverages, Dairy Alternative, Meat Alternatives, Protein Bars, Nutrition Supplements, Processed Meat, Poultry and Seafood, Bakery Products and Plant-Based Proteins), Type (Isolates, Concentrates and Protein Flour), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027.
Global green plant-based proteins market will reach an estimated valuation of USD 44.2 billion by 2027, while registering this growth rate of 12.00% in the forecast period 2020 to 2027. Growing urbanization, increase in the obesity rates and with increasing vegan population in the forecast period of 2020-2027.
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Plant based proteins are very important building blocks of muscles, protein concentration in plant based protein ranges from 50%-85% and are best for vegan and vegetarian diet plans. They are derived from plant sources such as wheat, pea, soy and wheat. Plant based proteins are used in dairy alternatives, protein beverages, meat alternatives, protein bars, poultry and seafood, bakery, food, sports nutrition and others they also enhance their nutritional and functional properties.
Modified high moisture extrusion process and new compositional research process are helping in the growth of plant protein market. For example for consumers who do not consumes dairy products are turning themselves on plant based milk options which has gained significant growth in the recent years, with this innovative product line or ready to eat products with no compromise on texture and taste is also enhancing the growth of plant based protein market. Plant based proteins are environment friendly, consumer are getting aware of plant-based proteins properties and are also adopting the products which are environmental friendly and allergen free. Increase growth demand in allergen-free market will create growth opportunities in the forecast period of 2020-2027.
Vegetarian population are consuming plant-based proteins but allergies in consumers such as lactose intolerance will act as a restrain, and further challenge the growth of the in the green plant based proteins market forecast period mentioned above.
This global green plant-based proteins market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on green plant-based proteins market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Green Plant-Based Proteins Market Scope and Market Size
Green plant-based proteins market is segmented on the basis of source, application and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of source, the green plant-based proteins market is segmented into soy, wheat, pea and others.
• On the basis of application, the green plant-based proteins market is segmented into protein beverages, dairy alternative, meat alternatives, protein bars, nutrition supplements, processed meat, poultry and seafood, bakery products and plant-based proteins.
• Based on type, the green plant-based proteins market is segmented into isolates, concentrates and protein flour.
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Green Plant-Based Proteins Market Country Level Analysis
Green plant-based proteins market is analyses and market size, volume information is provided by country, source, application and type as referenced above.
The countries covered in the green plant-based proteins market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America is dominating the green plant-based proteins market due to demand for plant protein is growing at a fast rate, lack of balanced dietary intake, owing to change in lifestyle and with improved R&D in order to develop new kinds of plant protein enriched products.
The country section of the green plant-based proteins market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Green Plant Based Proteins Market Share Analysis
Green plant-based proteins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the green plant-based proteins market.
The major players covered in the green plant-based proteins market are Cargill Incorporated, ADM, Glanbia plc, DuPont, Kerry Inc, Ingredion, DSM, The Scoular Company, Burcon, Sotexpro, Gemef Industries, Aminola, Royal Ingredients Group, Farbest Brands, Vestkom, Now Foods among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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