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Global Plant Protein Market Insights and Forecast to 2027

Plant protein refers to the protein ingredients extracted from plants like soybean, wheat, rice, pea, etc. Plant proteins have made up a higher proportion of human diet in recent years. They are considered as good meat substitutes for veganism. Rising Global focus on environmental protection, growing health consciousness, are increasing the plant-based protein ingredients market demand and promoting the development of the market. Based on sources, plant based protein mainly include seeds, pulses (peas, chickpeas, lentils, and beans, etc.) based ingredients and grains (wheat, rice, soy, etc.) based ingredients. Soybeans are the most important source of plant protein ingredients accounting for more than half of global plant protein market share. Major players in Global Plant Protein market include ADM, Cargill, CHS, DuPont and Cosucra, Roquette, Gushen Group, Manildra, Tereos, Kerry Group. Most of them have Manufacturing plants both in and out of Domestic countries. Other notable players/brands include Yuwang Group, Scents Holdings, Shuangta Food, Glanbia Nutritionals, Oriental Protein, Axiom Foods, Shandong Jianyuan, Glico Nutrition, etc. Market Concentration is relatively low for the Plant Protein market. Top 10 players occupied 52.24% sales share and 53.47% value share in 2019. Many small companies are facing big threat in 2020, due to the Covid-2019 impact and the instability of the international political and economic environment. Market Analysis and Insights: Global Plant Protein Market The global Plant Protein market is valued at US$ 5820 million in 2019. The market size will reach US$ 9766 million by the end of 2026, growing at a CAGR of 8.9% during 2021-2026. Global Plant Protein Scope and Segment Plant Protein market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Plant Protein market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027. Segment by Type Soy Protein Wheat Protein Pea Protein Rice Protein Potato Protein Hemp Protein Lupin Protein Others Segment by Application Food & Beverages Pharmaceuticals & Personal Care Animal Feed Others By Company ADM Cargill DuPont Kerry Group Manildra Roquette Tereos Axiom Foods Cosucra CHS Glanbia Nutritionals Glico Nutrition Gushen Group Yuwang Group Scents Holdings Shuangta Food Oriental Protein Shandong Jianyuan Production by Region North America Europe China Japan Australia South America Consumption by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.E
1 Study Coverage 1.1 Plant Protein Product Introduction 1.2 Market by Type 1.2.1 Global Plant Protein Market Size Growth Rate by Type 1.2.2 Soy Protein 1.2.3 Wheat Protein 1.2.4 Pea Protein 1.2.5 Rice Protein 1.2.6 Potato Protein 1.2.7 Hemp Protein 1.2.8 Lupin Protein 1.2.9 Others 1.3 Market by Application
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About this Report
Report ID 344550
Category
  • Agriculture
Published on 21-Oct
Number of Pages 149
Publisher Name QY Research
Editor Rating
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