Market Overview:
The global plant-based proteins market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing awareness about the health benefits of plant-based proteins and their rising demand from various application segments. On the basis of type, soy protein accounted for a major share of the global plant-based proteins market in 2017. Soy protein has high nutritional value and is considered as an excellent source of protein, fiber, vitamins, minerals and antioxidants. It also helps reduce cholesterol levels and improve heart health. These factors are expected to drive its demand during the forecast period. Wheat protein is another major type segmented in this market owing to its high nutritional value and growing demand from bakery & snacks applications.
Product Definition:
Plant-based proteins are derived from plant sources, such as legumes, grains, nuts, and seeds. They are a good source of fiber and other nutrients. Plant-based proteins are important for people who do not eat meat or animal products.
Soy Protein:
Soy protein is extracted from soybeans and has been used as a meat substitute in the food industry. It is a complete source of protein containing all the essential amino acids, making it ideal for consumers looking to increase their protein intake without any side effects of consuming extra calories. Soy proteins are easily digestible and have an excellent amino acid profile making them ideal for athletes aiming to boost performance as well as individuals who are lactose intolerant or allergic to eggs.
Wheat Protein:
Wheat protein is extracted from wheat and has high amino acid content. It is used in various applications such as meat products, dairy alternatives, nutritional bars & powders and bakery products. The demand for wheat protein is increasing due to the growing vegan population which in turn will augment the market growth over the forecast period.
Application Insights:
The supplements and nutritional powders segment dominated the global market in 2017. This is attributed to the growing awareness regarding health, fitness, and well-being among consumers from various age groups. Growing demand for plant-based proteins as a substitute for animal proteins owing to their ability to help reduce cholesterol levels is also expected to be a key factor driving growth over the forecast period.
Protein bars & snacks emerged as another significant application segment in 2017 due largely to increasing consumer preference for portable food products that are easy to prepare and consume on the go. Moreover, rising concerns regarding obesity have led consumers across the globe towards adopting healthier lifestyle habits including regular exercise and nutritious food consumption which has further propelled demand for protein bars & snacks globally over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a significant share of global population, which makes it one of the most attractive regions for food & beverage companies to invest in. China and India are among the largest consumers of plant-based proteins across this region owing to growing health concerns about high protein intake from animal sources.
North America accounted for a significant share in terms of revenue as well as volume due to rising consumer awareness regarding veganism along with increasing demand from sports persons and body builders who require high protein intake supplements. Europe also has a considerable market share owing to rising consumer awareness regarding healthy lifestyles along with changing dietary patterns across countries like Germany, U.K., France, Italy, etc.
Growth Factors:
- Increasing awareness about the health benefits of plant-based proteins
- Rising demand for healthy and sustainable food products
- Growing popularity of vegan and vegetarian diets
- Proliferation of meat-free options in restaurants and supermarkets
- Increased investment in research and development of plant-based proteins
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant-Based Proteins Market Research Report
By Type
Soy Protein, Wheat Protein, Pea Protein, Others
By Application
Supplements & Nutritional Powders, Beverages, Protein & Nutritional Bars, Bakery & Snacks, Breakfast Cereals, Meat Products, Dairy Products, Infant Nutrition, Animal Feed
By Companies
Glanbia, DowDuPont, Roquette Freres, Archer-Daniels Midland, Cargill, Burcon Nutrascience, Cosucra Groupe Warcoing, Agt Food & Ingredients, Ingredion, CHS, Glanbia, Fuji Oil, Wilmar, Ag Processing, Batory Foods, Devansoy, Crown Soya Protein, Shandong Yuwang Ecological Food Industry, Gushen, Biopress
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Plant-Based Proteins Market Report Segments:
The global Plant-Based Proteins market is segmented on the basis of:
Types
Soy Protein, Wheat Protein, Pea 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
Supplements & Nutritional Powders, Beverages, Protein & Nutritional Bars, Bakery & Snacks, Breakfast Cereals, Meat Products, Dairy Products, Infant Nutrition, Animal Feed
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:
- Glanbia
- DowDuPont
- Roquette Freres
- Archer-Daniels Midland
- Cargill
- Burcon Nutrascience
- Cosucra Groupe Warcoing
- Agt Food & Ingredients
- Ingredion
- CHS
- Glanbia
- Fuji Oil
- Wilmar
- Ag Processing
- Batory Foods
- Devansoy
- Crown Soya Protein
- Shandong Yuwang Ecological Food Industry
- Gushen
- Biopress
Highlights of The Plant-Based Proteins 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:
- Soy Protein
- Wheat Protein
- Pea Protein
- Others
- By Application:
- Supplements & Nutritional Powders
- Beverages
- Protein & Nutritional Bars
- Bakery & Snacks
- Breakfast Cereals
- Meat Products
- Dairy Products
- Infant Nutrition
- Animal Feed
- 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 Plant-Based Proteins 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?
Plant-based proteins are proteins that are derived from plants. These proteins have a lower calorie content and often contain more fiber than animal-based proteins. They can also be more environmentally friendly, as they do not require the use of land, water, or other resources to produce them.
Some of the key players operating in the plant-based proteins market are Glanbia, DowDuPont, Roquette Freres, Archer-Daniels Midland, Cargill, Burcon Nutrascience, Cosucra Groupe Warcoing, Agt Food & Ingredients, Ingredion, CHS, Glanbia, Fuji Oil, Wilmar, Ag Processing, Batory Foods, Devansoy, Crown Soya Protein, Shandong Yuwang Ecological Food Industry, Gushen, Biopress.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plant-Based Proteins 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 Plant-Based Proteins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plant-Based Proteins 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 Plant-Based Proteins 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 Plant-Based Proteins Market Size & Forecast, 2020-2028
4.5.1 Plant-Based Proteins Market Size and Y-o-Y Growth
4.5.2 Plant-Based Proteins 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 Soy Protein
5.2.2 Wheat Protein
5.2.3 Pea 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 Supplements & Nutritional Powders
6.2.2 Beverages
6.2.3 Protein & Nutritional Bars
6.2.4 Bakery & Snacks
6.2.5 Breakfast Cereals
6.2.6 Meat Products
6.2.7 Dairy Products
6.2.8 Infant Nutrition
6.2.9 Animal Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plant-Based Proteins 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 Plant-Based Proteins 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 Soy Protein
9.6.2 Wheat Protein
9.6.3 Pea 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 Supplements & Nutritional Powders
9.10.2 Beverages
9.10.3 Protein & Nutritional Bars
9.10.4 Bakery & Snacks
9.10.5 Breakfast Cereals
9.10.6 Meat Products
9.10.7 Dairy Products
9.10.8 Infant Nutrition
9.10.9 Animal Feed
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 Soy Protein
10.6.2 Wheat Protein
10.6.3 Pea 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 Supplements & Nutritional Powders
10.10.2 Beverages
10.10.3 Protein & Nutritional Bars
10.10.4 Bakery & Snacks
10.10.5 Breakfast Cereals
10.10.6 Meat Products
10.10.7 Dairy Products
10.10.8 Infant Nutrition
10.10.9 Animal Feed
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 Soy Protein
11.6.2 Wheat Protein
11.6.3 Pea 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 Supplements & Nutritional Powders
11.10.2 Beverages
11.10.3 Protein & Nutritional Bars
11.10.4 Bakery & Snacks
11.10.5 Breakfast Cereals
11.10.6 Meat Products
11.10.7 Dairy Products
11.10.8 Infant Nutrition
11.10.9 Animal Feed
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 Soy Protein
12.6.2 Wheat Protein
12.6.3 Pea 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 Supplements & Nutritional Powders
12.10.2 Beverages
12.10.3 Protein & Nutritional Bars
12.10.4 Bakery & Snacks
12.10.5 Breakfast Cereals
12.10.6 Meat Products
12.10.7 Dairy Products
12.10.8 Infant Nutrition
12.10.9 Animal Feed
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 Soy Protein
13.6.2 Wheat Protein
13.6.3 Pea 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 Supplements & Nutritional Powders
13.10.2 Beverages
13.10.3 Protein & Nutritional Bars
13.10.4 Bakery & Snacks
13.10.5 Breakfast Cereals
13.10.6 Meat Products
13.10.7 Dairy Products
13.10.8 Infant Nutrition
13.10.9 Animal Feed
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 Plant-Based Proteins Market: Competitive Dashboard
14.2 Global Plant-Based Proteins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Glanbia
14.3.2 DowDuPont
14.3.3 Roquette Freres
14.3.4 Archer-Daniels Midland
14.3.5 Cargill
14.3.6 Burcon Nutrascience
14.3.7 Cosucra Groupe Warcoing
14.3.8 Agt Food & Ingredients
14.3.9 Ingredion
14.3.10 CHS
14.3.11 Glanbia
14.3.12 Fuji Oil
14.3.13 Wilmar
14.3.14 Ag Processing
14.3.15 Batory Foods
14.3.16 Devansoy
14.3.17 Crown Soya Protein
14.3.18 Shandong Yuwang Ecological Food Industry
14.3.19 Gushen
14.3.20 Biopress
