Market Overview:
The global faba bean protein market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plant-based proteins and rising awareness about the health benefits of faba bean protein. Faba beans are high in fiber and contain essential nutrients such as magnesium, potassium, zinc, and vitamin B6. They are also a good source of antioxidants that help protect cells from damage caused by free radicals. These factors are driving the demand for faba bean protein in food and beverage applications.
Product Definition:
A faba bean protein is a type of protein found in the faba bean. This type of protein is important for human health because it helps to build muscle mass and can improve athletic performance.
Isolates:
Isolates is a form of protein that has been extracted from plant materials, most commonly from the soy and wheat group. It's primary function in food & beverage industry is to add nutritional value to products without increasing their flavor or texture. Isolates are used as additives for various food products such as bakery items, dairy items, beverages (non-alcoholic), and pet foods among others.
Concentrates:
Concentrates are the purest form of the plant-based protein. It is a concentratedowder or solution made from defatted and deoiled faba beans. Concentrate has been used as an ingredient in various food products such as bakery items, breakfast cereals, nutritional bars and energy drinks over the past few years.
Application Insights:
The food and beverage industry was the largest application segment in 2017. The product is used as a functional ingredient to improve the nutritional value of foods and beverages. Faba bean protein isolates are majorly used in dairy products, bakery & confectionery items, frozen desserts, meat products, soups & sauces among others.
Increasing demand for vegan diet products coupled with rising health concerns among consumers regarding animal welfare and environmental issues has driven the demand for plant-based alternatives across all applications including pharmaceuticals.
Regional Analysis:
Europe accounted for the largest share of over 35.0% in 2017 owing to growing consumer awareness regarding protein intake and increased focus on healthy lifestyle. The region is expected to maintain its dominance during the forecast period due to high product demand from various application industries, including food and beverage, pharmaceuticals, sports nutrition, cosmetics and others.
Asia Pacific is anticipated to be one of the fastest-growing regional markets at a CAGR of XX% from 2018 to 2030 owing with increasing health consciousness among consumers coupled with rising disposable income levels in emerging economies including China and India will drive faba bean protein consumption in this region over the forecast period.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and so is the demand for protein-rich foods. This is driving the growth of the Faba Bean Protein market as it is a plant-based source of protein.
- Rising awareness about the health benefits of Faba Bean Protein: Consumers are becoming more aware of the health benefits of consuming Faba Bean Protein and this is driving its uptake.
- Growing popularity of veganism and vegetarianism: The popularity of veganism and vegetarianism is increasing, which is leading to an increase in demand for plant-based proteins such as Faba Bean Protein.
- Technological advancements in food processing: Food processors are increasingly using advanced technologies to improve the quality and taste of Faba Bean Protein products, which is resulting in higher consumer acceptance rates.
Scope Of The Report
Report Attributes
Report Details
Report Title
Faba Bean Protein Market Research Report
By Type
Isolates, Concentrates
By Application
Food and Beverages Industry, Pharmaceutical Industry, Others
By Companies
Puris, Vestkorn, Australian plant Proteins (APP), Hill Pharma, Marigot, Roquette, Top Health Ingredients
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Faba Bean Protein Market Report Segments:
The global Faba Bean Protein market is segmented on the basis of:
Types
Isolates, Concentrates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages Industry, Pharmaceutical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Puris
- Vestkorn
- Australian plant Proteins (APP)
- Hill Pharma
- Marigot
- Roquette
- Top Health Ingredients
Highlights of The Faba Bean Protein Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Isolates
- Concentrates
- By Application:
- Food and Beverages Industry
- Pharmaceutical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Faba Bean Protein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Faba bean protein is a plant-based protein that comes from the Fabaceae family. It is a complete source of amino acids, including the essential ones that are not easily obtained from other sources. This makes it an ideal choice for people who want to increase their muscle mass or improve their overall health.
Some of the major players in the faba bean protein market are Puris, Vestkorn, Australian plant Proteins (APP), Hill Pharma, Marigot, Roquette, Top Health Ingredients.
The faba bean protein market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Faba Bean Protein Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Faba Bean Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Faba Bean Protein Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Faba Bean Protein Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Faba Bean Protein Market Size & Forecast, 2018-2028
4.5.1 Faba Bean Protein Market Size and Y-o-Y Growth
4.5.2 Faba Bean Protein Market Absolute $ Opportunity
Chapter 5 Global Faba Bean Protein Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Faba Bean Protein Market Size Forecast by Type
5.2.1 Isolates
5.2.2 Concentrates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Faba Bean Protein Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Faba Bean Protein Market Size Forecast by Applications
6.2.1 Food and Beverages Industry
6.2.2 Pharmaceutical Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Faba Bean Protein Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Faba Bean Protein Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Faba Bean Protein Analysis and Forecast
9.1 Introduction
9.2 North America Faba Bean Protein Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Faba Bean Protein Market Size Forecast by Type
9.6.1 Isolates
9.6.2 Concentrates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Faba Bean Protein Market Size Forecast by Applications
9.10.1 Food and Beverages Industry
9.10.2 Pharmaceutical Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Faba Bean Protein Analysis and Forecast
10.1 Introduction
10.2 Europe Faba Bean Protein Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Faba Bean Protein Market Size Forecast by Type
10.6.1 Isolates
10.6.2 Concentrates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Faba Bean Protein Market Size Forecast by Applications
10.10.1 Food and Beverages Industry
10.10.2 Pharmaceutical Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Faba Bean Protein Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Faba Bean Protein Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Faba Bean Protein Market Size Forecast by Type
11.6.1 Isolates
11.6.2 Concentrates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Faba Bean Protein Market Size Forecast by Applications
11.10.1 Food and Beverages Industry
11.10.2 Pharmaceutical Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Faba Bean Protein Analysis and Forecast
12.1 Introduction
12.2 Latin America Faba Bean Protein Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Faba Bean Protein Market Size Forecast by Type
12.6.1 Isolates
12.6.2 Concentrates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Faba Bean Protein Market Size Forecast by Applications
12.10.1 Food and Beverages Industry
12.10.2 Pharmaceutical Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Faba Bean Protein Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Faba Bean Protein Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Faba Bean Protein Market Size Forecast by Type
13.6.1 Isolates
13.6.2 Concentrates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Faba Bean Protein Market Size Forecast by Applications
13.10.1 Food and Beverages Industry
13.10.2 Pharmaceutical Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Faba Bean Protein Market: Competitive Dashboard
14.2 Global Faba Bean Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Puris
14.3.2 Vestkorn
14.3.3 Australian plant Proteins (APP)
14.3.4 Hill Pharma
14.3.5 Marigot
14.3.6 Roquette
14.3.7 Top Health Ingredients
