Global Plant-based Protein Market

Report ID : 1118 | Published : 2021-07-26 | Pages: 140 | Format:

Protein is a vital nutrient used for maintaining muscles and bones, as well as supporting the immune system, among other things. Plant-based diets offer a diversity of health benefits, including healthy weight, optimal health, and longevity. The amino acids within the protein are used to build and repair tissues necessary for infants and children's normal growth and development. 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 for all plant-based sales during the third week of March, the beginning of most shutdowns in the U.S., was up 90% compared with the previous year, and still 27% higher a month later.

Growing consumption of plant-based food due to naturally occurring fibers, anti-inflammatory micronutrients, antioxidants, 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 market's growth. Growing demand for fat-free and low-fat protein sources along with an 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 the 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.

 

  • 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.
  • Other Prominent Players

Global Plant-based Protein Market Segmentation:

Global Plant-based Protein Market by Source

  • Soy
  • Wheat
  • Pea
  • Others

Global Plant-based Protein Market by Type

  • Isolates
  • Concentrates
  • Textured

Global Plant-based Protein Market by Form

  • Dry
  • Liquid

Global Plant-based Protein Market by Deployment Mode

  • Foods and Beverage
  • Animal Feed
  • Nutrition and Health Supplements
  • Pharmaceuticals

Global Plant-based Protein Market Based on Region

Europe

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America

  • U.S.
  • Canada

Asia Pacific

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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