Market Overview:
The global neutral alternative protein market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of consuming plant-based proteins and insect-based proteins. In addition, the growing demand for healthy and sustainable food products is also contributing to the growth of this market. The plant protein segment is expected to dominate the global neutral alternative protein market during the forecast period. This segment is projected to grow at a CAGR of XX% from 2018 to 2030. The algae protein segment is projected to grow at a high CAGR during the forecast period, owingto its high nutritional value and sustainability advantages over other types of plant-based proteins.
Product Definition:
A neutral alternative protein is a plant-based or animal-based protein that does not contain any major allergens. It can be used as a substitute for traditional proteins in order to make foods more allergen-friendly.
Plant Protein:
Plant protein is the part of all natural food products which are made from plants only. It contains amino acids and proteins. Plant protein can be extracted from soy, canola, wheat, corn (maize), rice, potato and other fruits & vegetables.
Insect Protein:
Insect protein is the part of the insect that has importance in food and medicine. The protein extracted from insects consists of amino acids, minerals, vitamins and enzymes. Insects are a good source of proteins as they contain all nine essential amino acids required by the human body. They also have high levels of dietary minerals such as iron, calcium & zinc along with vitamins such as B12 & D3 which helps to maintain energy levels in human body.
Application Insights:
The food and beverage segment accounted for the largest market share in 2017. The product is widely used in functional foods, bakery products, dairy products, meat analogs and snacks owing to its ability to promote weight loss. It reduces the amount of fat deposition in adipose tissue by increasing metabolism through lipolysis process.
The healthcare segment is expected to witness a lucrative CAGR over the forecast period due to rising demand for nutraceuticals with various health benefits such as muscle growth & development improvement and bone strength enhancement. These nutraceuticals are manufactured using plant or insect-based proteins that are at least 70% pure which makes them suitable for use as supplements or meal replacements among others.
Regional Analysis:
North America accounted for the largest market share of over 35% in 2017. The region is expected to maintain its dominance throughout the forecast period owing to high consumer awareness regarding health, fitness and nutritional requirements along with a strong preference for protein-rich foods.
Asia Pacific is anticipated to witness significant growth during the forecast period due to rising disposable income levels, expanding middle-class population base and increasing health consciousness among consumers. In addition, growing meat consumption in China on account of changing food habits and increasing availability at affordable prices will drive industry expansion over the coming years. ‘’The global neutral alternative protein market by application (food & beverage; healthcare) and region (North America; Europe; Asia Pacific) was dominated by North America owing to higher adoption rates of plant proteins such as soybean products in countries such as U.S., Canada, Brazil etc.
Growth Factors:
- Increasing awareness about the health benefits of plant-based proteins.
- Rising demand for vegan and vegetarian food products.
- Growing popularity of meatless Monday campaigns.
- Proliferation of fitness clubs and gyms across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neutral Alternative Protein Market Research Report
By Type
Plant Protein, Insect Protein, Algae Protein, Others
By Application
Food & Beverage, Healthcare product
By Companies
Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS, Tereos Syral, CP Kelco, Davisco, Meelunie, DuPont, MGP Ingredient, Taj Agro Product, Glico Nutrition
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Neutral Alternative Protein Market Report Segments:
The global Neutral Alternative Protein market is segmented on the basis of:
Types
Plant Protein, Insect Protein, Algae Protein, Others
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 & Beverage, Healthcare product
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:
- Kerry
- Cargill
- Archer Daniels Midland
- Glanbia
- CHS
- Tereos Syral
- CP Kelco
- Davisco
- Meelunie
- DuPont
- MGP Ingredient
- Taj Agro Product
- Glico Nutrition
Highlights of The Neutral Alternative 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:
- Plant Protein
- Insect Protein
- Algae Protein
- Others
- By Application:
- Food & Beverage
- Healthcare product
- 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 Neutral Alternative 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?
A neutral alternative protein is a plant-based or vegan protein that does not contain any animal products.
Some of the major players in the neutral alternative protein market are Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS, Tereos Syral, CP Kelco, Davisco, Meelunie, DuPont, MGP Ingredient, Taj Agro Product, Glico Nutrition.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neutral Alternative 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 Neutral Alternative Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neutral Alternative 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 Neutral Alternative 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 Neutral Alternative Protein Market Size & Forecast, 2020-2028
4.5.1 Neutral Alternative Protein Market Size and Y-o-Y Growth
4.5.2 Neutral Alternative Protein Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Plant Protein
5.2.2 Insect Protein
5.2.3 Algae Protein
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Healthcare product
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neutral Alternative 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 Neutral Alternative 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Plant Protein
9.6.2 Insect Protein
9.6.3 Algae Protein
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Healthcare product
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Plant Protein
10.6.2 Insect Protein
10.6.3 Algae Protein
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Healthcare product
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Plant Protein
11.6.2 Insect Protein
11.6.3 Algae Protein
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Healthcare product
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Plant Protein
12.6.2 Insect Protein
12.6.3 Algae Protein
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Healthcare product
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Plant Protein
13.6.2 Insect Protein
13.6.3 Algae Protein
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Healthcare product
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 Neutral Alternative Protein Market: Competitive Dashboard
14.2 Global Neutral Alternative Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kerry
14.3.2 Cargill
14.3.3 Archer Daniels Midland
14.3.4 Glanbia
14.3.5 CHS
14.3.6 Tereos Syral
14.3.7 CP Kelco
14.3.8 Davisco
14.3.9 Meelunie
14.3.10 DuPont
14.3.11 MGP Ingredient
14.3.12 Taj Agro Product
14.3.13 Glico Nutrition
