Plant Based Protein Market by Type (Soy Protein, Wheat Protein, Pea Protein, Potato Protein, Rice Protein, Corn Protein) and Application (Foods and Beverage, Animal Feed, Health Supplements): Global Opportunity Analysis and Industry Forecast, 2019–2025
Report Description
Plant Based Protein Market by Type (Soy Protein, Wheat Protein, Pea Protein, Potato Protein, Rice Protein, Corn Protein) and Application (Foods and Beverage, Animal Feed, Health Supplements): Global Opportunity Analysis and Industry Forecast, 2019–2025
Report Overview
Global Plant Based Protein Market Size and Overview
Plant Based Protein Market Outlook
Consumer interest in boosting protein intake is increasing with more attention being paid to the specific types of protein being consumed. The desire for clean labels, ease of digestion, the need or desire to avoid allergens, compatibility with vegetarian and vegan lifestyles and conce
s about sustainability among the general population are putting the spotlight on plant proteins. Consumer notions of what constitutes a good protein source are expanding to include a wider variety of plant protein ingredients. Subsequently, interest in plant protein ingredients among food manufacturers and food service operators is intensifying, fueling the growth of global plant based protein market. The global plant based protein market size was $7,256.8 million in 2018, and is projected to reach $15,418.9 million by 2025, growing at a CAGR of 9.4% from 2019 to 2025.
Plant Based Protein Market Snapshot
plant_based_market
Market Dynamics
Increasing vegan population, growing health and wellness trend, increasing consumer focus on alte
ative protein, and increasing demand from food and beverage industry have fueled the growth of the global plant based protein market. Conversely, significant preference for animal based food and unstable raw material prices has hindered the growth of this market to some extent.
Segment Overview:
Type Segment Overview
On the basis of type, soy protein segment accounted for the major share of the global plant based protein market in 2018. The large share of this segment mainly attributed to the easy availability, low cost than other sources of protein, increased demand from meat analogue manufacturers, wide range of applications in various products, and increased consumer awareness. However, pea protein market is expected to witness a rapid growth during the forecast period.
Application Segment Overview
On the basis of application, food and beverage segment held the largest share of the global plant based protein market in 2018. The large share of this segment is mainly attributed to increasing consumer preference for plant based foods and ingredients, growing awareness and demand for protein rich food products, versatile functionality, compatibility with vegetarian and vegan lifestyles, and rising clean label trend.
Geographic Overview
On the basis of geography, the plant based protein market analysis is conducted across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America held the major share in global plant based protein market in 2018, and is expected to remain dominant throughout the forecast period. The huge share of this market is attributed to well established food and beverage processing sector, rising conce
s over animal products and protein, and increasing vegan population. However, Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. The fastest growth of this region primarily attributed to large base of vegan population, expanding food and beverage manufacturing sector, increasing health consciousness, and increasing economy.
Competitive Landscape
The global plant based protein powder market is a moderately consolidated in nature. To enlargement of market presence key ma players’ mainly focus on strategies such as new product launches, mergers, acquisitions, and collaborations. Key players include in plant based protein market are Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Roquette Frères Le Romain, Kerry Group, E.I. Dupont De Nemours And Company, Tate & Lyle Plc, Axiom Foods, Glanbia Plc, and Beneo GmbH.
Plant based protein Market Segments:
Plant based protein Market by Type
Soy Protein
Wheat Protein
Pea Protein
Potato Protein
Co
Protein
Others
Plant based protein Market by Application
Food and Beverages
Animal Feed
Nutrition and Health Supplements
Pharmaceutical
Others
Plant based protein Market by Geography
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Middle East & Africa
Why Purchase This Report?
Market Intelligence
Comprehensive data on market size, growth rates, and segment analysis
Consumer Insights
Detailed analysis of purchasing behavior and preferences
Competitive Analysis
Profiles of key players and their market strategies
Future Trends
Emerging opportunities and market projections
Table of Contents
TABLE OF CONTENT
1. Introduction
1.1. Market Definition
1.2. Purpose of the Report
1.3. Currency
1.4. Limitations
1.5. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Segmentation
2.3. Research Approach
2.3.1. Top-Down Approach
2.3.2. Bottom-Up Approach
2.4. Primary Research
2.5. Secondary Research
2.6. Assumptions
3. Executive Summary
3.1. Global Market Snapshot, by Geography
3.2. Plant Based Protein Market, by Type
3.3. Plant Based Protein Market, by Application
3.4. Competitive Landscape
4. Market Overview
4.1. Market Dynamics
4.1.1. Driving Forces
4.1.1.1. Increasing Vegan Population
4.1.1.2. Growing Health and Wellness Trend
4.1.1.3. Increasing Consumer Focus on Alte
ative Protein
4.1.1.4. Increasing Demand from Food And Beverage Industry
4.1.2. Restraining Factors
4.1.2.1. Significant Preference For Animal Based Protein
4.1.3. Opportunity Matrix
4.1.3.1. Development of New Sources
4.1.3.2. Developing Economies
5. Industry Insights
5.1. Porter's Five Forces Analysis
5.1.1. Bargaining power of supplier
5.1.2. Bargaining power of buyer
5.1.3. Threat of substitute
5.1.4. Threat of new entrant
5.1.5. Degree of competition
5.2. Value Chain Analysis
5.3. Market Share Analysis
5.4. Pricing Analysis
6. Plant Based Protein Market, by Type
6.1. Soy Protein
6.2. Wheat Protein
6.3. Pea Protein
6.4. Potato Protein
6.5. Co
Protein
6.6. Others
7. Plant Based Protein Market, by Application
7.1. Food and Beverages
7.2. Animal Feed
7.3. Nutrition and Health Supplements
7.4. Pharmaceutical
7.5. Others
8. Plant Based Protein Market, by Region
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.2. Europe
8.2.1. Germany
8.2.2. France
8.2.3. UK
8.2.4. Italy
8.2.5. Spain
8.2.6. Rest of Europe
8.3. Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. Rest of APAC
8.4. Latin America
8.5. Middle East and Africa
9. Competitive Landscape
9.1. Key Players Analysis
9.2. Strategic Analysis
9.2.1. New Product Developments
9.2.2. Mergers & Acquisitions
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Geographic Expansions
9.2.5. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.6. Others
10. Company Profiles
10.1. Cargill, Incorporated
10.1.1. Company Overview
10.1.2. Financial Snapshot
10.1.3. Products
10.1.4. Recent Developments
10.2. Archer Daniels Midland Company
10.2.1. Company Overview
10.2.2. Financial Snapshot
10.2.3. Products
10.2.4. Recent Developments
10.3. Ingredion Incorporated
10.3.1. Company Overview
10.3.2. Financial Snapshot
10.3.3. Products
10.3.4. Recent Developments
10.4. Roquette Frères Le Romain
10.4.1. Company Overview
10.4.2. Financial Snapshot
10.4.3. Products
10.4.4. Recent Developments
10.5. Kerry Group
10.5.1. Company Overview
10.5.2. Financial Snapshot
10.5.3. Products
10.5.4. Recent Developments
10.6. E.I. Dupont De Nemours And Company
10.6.1. Company Overview
10.6.2. Financial Snapshot
10.6.3. Products
10.6.4. Recent Developments
10.7. Tate & Lyle Plc
10.7.1. Company Overview
10.7.2. Financial Snapshot
10.7.3. Products
10.7.4. Recent Developments
10.8. Axiom Foods
10.8.1. Company Overview
10.8.2. Financial Snapshot
10.8.3. Products
10.8.4. Recent Developments
10.9. Glanbia Plc
10.9.1. Company Overview
10.9.2. Financial Snapshot
10.9.3. Products
10.9.4. Recent Developments
10.10. Beneo GmbH
10.10.1. Company Overview
10.10.2. Financial Snapshot
10.10.3. Products
10.10.4. Recent Developments
LIST OF TABLES
Table 1 Plant Based Protein Market Size, By Type
Table 2 Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 3 Plant Based Protein Market, By Region, (US$ Mn, CAGR %), 2019-2025
Table 4 North America: Plant Based Protein Market Size, By Country, (US$ Mn, CAGR %), 2019-2025
Table 5 North America: Plant Based Protein Market Size, By Type (US$ Mn, CAGR %), 2019-2025
Table 6 North America: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 7 US: Plant Based Protein Market Size, By Type (US$ Mn, CAGR %), 2019-2025
Table 8 US: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 9 Canada: Plant Based Protein Market Size, By Type (US$ Mn, CAGR %), 2019-2025
Table 10 Canada: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 11 Europe: Plant Based Protein Market Size, By Country (US$ Mn, CAGR %), 2019-2025
Table 12 Europe: Plant Based Protein Market Size, By Type (US$ Mn, CAGR %), 2019-2025
Table 13 Europe: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 14 Germany: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 15 Germany: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 16 France: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 17 France: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 18 UK: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 19 UK: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 20 Italy: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 21 Italy: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 22 Spain: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 23 Spain: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 24 Rest of Europe: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 25 Rest of Europe: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 26 Asia-Pacific: Plant Based Protein Market Size, By Country, 2019-2025 (Kiloton)
Table 27 Asia-Pacific: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 28 Asia-Pacific: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 29 China: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 30 China: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 31 Japan: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 32 Japan: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 33 India: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 34 India: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 35 Rest of APAC: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 51 Rest of APAC: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 53 Latin America: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 54 Latin America: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
Table 56 Middle East and Africa: Plant Based Protein Market Size, By Type, (US$ Mn, CAGR %), 2019-2025
Table 57 Middle East and Africa: Plant Based Protein Market Size, By Application (US$ Mn, CAGR %), 2019-2025
LIST OF FIGURES
Figure 1 Plant Based Protein Market Segmentation
Figure 2 Plant Based Protein Market: Research Design
Figure 3 Drivers, Restraints, and Opportunities in the Plant Based Protein Market
Figure 4 Plant Based Protein Market: Porter’s Five Forces Analysis
Figure 5 Plant Based Protein Market: Value Chain Analysis
Figure 6 Plant Based Protein Market: Market Share Analysis
Figure 7 Plant Based Protein Market: Pricing Analysis
Figure 8 Plant Based Protein Market, By Type (2019-2025)
Figure 9 Plant Based Protein Market, By Application (2019-2025)
Figure 10 Global Plant Based Protein Market, By Region
Figure 11 North America: Plant Based Protein Market Snapshot
Figure 12 Europe: Plant Based Protein Market Snapshot
Figure 13 Asia-Pacific: Plant Based Protein Market Snapshot
Figure 14 Latin America: Plant Based Protein Market Snapshot
Figure 15 Middle East and Africa: Plant Based Protein Market Snapshot
Figure 16 Cargill, Incorporated: Financial Snapshot
Figure 17 Archer Daniels Midland Company: Financial Snapshot
Figure 18 Ingredion Incorporated: Financial Snapshot
Figure 19 Roquette Frères Le Romain: Financial Snapshot
Figure 20 Kerry Group: Plant Based Protein Market Snapshot
Figure 21 E.I. Dupont De Nemours And Company: Financial Snapshot
Figure 22 Tate & Lyle Plc: Financial Snapshot
Figure 23 Axiom Foods: Financial Snapshot
Figure 24 Glanbia Plc: Financial Snapshot
Figure 25 Beneo GmbH: Financial Snapshot
Research Methodology
Our research methodology combines both primary and secondary research approaches to ensure data accuracy and reliability.
Primary Research
Industry Interviews
Conducted interviews with industry experts and key stakeholders
Consumer Surveys
Comprehensive surveys targeting relevant consumer segments
Secondary Research
- Analysis of company annual reports, investor presentations, and regulatory filings
- Review of industry publications, trade journals, and market studies
- Government statistics and regulatory databases
- Market data from reliable third-party sources
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