Protein is a vital nutrient used for maintaining muscles and bones, as well as supporting the immune system, among other things. Plant-based diets offers a diversity of health benefits including healthy weight, optimal health and longevity. The amino acids within protein are used to build and repair tissues and are necessary for the normal growth and development of infants and children. Plant-based dietary patterns feature a widespread range of dietary regimens that are predominantly based on plant foods. Plant based protein sources include soy, wheat, Pea and other plant sources. Plant protein is low in saturated fat and cholesterol and is a good source of unsaturated fat, fibers, vitamins, and minerals.
At present times, people have started to pay more attention to their diet and health since the coronavirus outbreak. The Plant Based Foods Association (PBFA) accounted all plant-based sales during the third week of March, the beginning of most shutdowns in the U.S., were up 90% compared with the previous year, and still 27% higher a month later.
Growing consumption of plant-based food due to presence of naturally occurring fibers, anti-inflammatory micronutrients, antioxidants, and lower calorie counts and increasing demand for high-protein content products are mainly driving the market growth. The rising consumer awareness about the health benefits of plant-based foods is further accelerating the growth of the market. Growing demand for fat-free and low-fat protein sources along with emerging shift towards food patterns to a more plant-based diet is anticipated to show significant growth during the forecast period.
The Global Plant-based Protein market is categorized on the basis of Source, Type, Form and Application and region. On the basis of Source, the market is segmented into Soy, Wheat, Pea, and Others. On the basis of Type, the market is segmented into Isolates, Concentrates, and Textured. Based on Form, the market is categorized into Dry and Liquid. Based on Application, the market is categorized into Foods and Beverage, Animal Feed, Nutrition and Health Supplements, and Pharmaceuticals. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. On the other hand, Asia-Pacific is expected to dominate the market during the analysis of forecast period.
The report further identifies detailed competitive intelligence of Archer Daniels Midland Company , DSM, E.I. Dupont De Nemours and Company , Kerry Group , Cargill Inc., Glanbia plc., Wilmar International , Emsland Group , Puris , Cosucra Group, AMCO Proteins Company , Batory Foods , Roquette Freres , Ingredion Inc., Burcon Nutracience , Sotexpro, AGT Food & Ingredients , Beneo , Prolupin Gmbh , Aminola , Herblink Biotech Corporation , ET Chem , Shandong Jianyuan Group , The Greenlans LLC , Parabel , Corbion NV, Danone, Farbest Brands, Axiom Foods Inc. , NOW Foods , Tate & Lyle Plc, Crespel & Deiters GmbH & Co. KG, CHS Inc., and Other Prominent Players.
Global Plant-based Protein Market by Source
Global Plant-based Protein Market by Type
Global Plant-based Protein Market by Form
Global Plant-based Protein Market by Deployment Mode
- Foods and Beverage
- Animal Feed
- Nutrition and Health Supplements
Global Plant-based Protein Market Based on Region
- Rest of Europe
- South Korea
- Australia & New Zealand
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Major Qualitative Insights
- Industry Overview
- Future Trends in Plant-based Protein Market
- Plant-based Protein Market Drivers and Challenges
- Plant-based Protein Market Size and Forecast
- Clinical Trial/Pipeline Analysis
- Compassionate Plant-based Protein Key News/Industry Activities
- Major Mergers & Acquisition in Plant-based Protein Industry
- Competitive Landscape
- Company Overview
- Latest Strategic Developments
InsightAce Analytic follows a comprehensive and standard market research methodology focused on offering the most accurate and precise market insights. The company focuses on data triangulation using statistical models that helps company to generate market estimation with minimum deviation. The methodology followed for all our market studies include:
- Primary Research (Industry experts and KOLs interviews)
- Secondary Research (Collection of qualitative and quantitative data from desk research)
- Statistics Data Analysis Models