The global plant protein ingredients market size is expected to reach USD 10.27 Billion in 2032 and register a steady revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Increasing number of people adopting vegetarian and vegan diets is a key factor driving market revenue growth. Plant protein ingredients contain less saturated fat and cholesterol than animal protein sources, potentially benefiting heart health and weight control. Consumers are shifting to plant-based diets as they become more aware about negative environmental effects of animal husbandry and meat consumption. In addition, increasing need of plant-based food components, such as soy protein, pea protein, and plant-based sweeteners, is another key factor driving revenue growth of the market.
According to industry analysts, the global market growth is underpinned by a significant rise in demand for products and services offered by this industry vertical. The report comprises a decisive summary of the Plant Protein Ingredients market valuation, revenue estimation, and key market statistics. Such features of the report are expected to help businesses and stakeholders associated with this industry gain a competitive edge over their rivals. The report also draws attention to the intense competitive spectrum of the Plant Protein Ingredients industry and the effective business expansion strategies adopted by these industry players.
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The leading market contenders listed in the report are:
ADM, CHS Inc., FUJI OIL HOLDINGS INC., International Flavors & Fragrances Inc., Kerry Group plc, NAGATA INDIA, NIPPN CORPORATION, Shandong Jianyuan Group, and Südzucker AG, Tereos
Key reasons to buy the Global Plant Protein Ingredients Market report:
- The latest report comprehensively studies the global Plant Protein Ingredients market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Plant Protein Ingredients Market
-
Product Type Outlook (Revenue, USD Billion; 2019–2032)
- Soy Protein
- Wheat Protein
- Pea Protein
- Rice Protein
- Potato Protein
- Others
-
Form Outlook (Revenue, USD Billion; 2019–2032)
- Isolates
- Concentrates
- Others
-
Application Outlook (Revenue, USD Billion; 2019–2032)
- Food & Beverages (F&B)
- Meat Alternatives
- Dairy Alternatives
- Bakery and Snacks
- Nutritional Supplements
- Beverages
- Others
- Animal Feed
- Food & Beverages (F&B)
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Regional Outlook of the Plant Protein Ingredients Market
The global Plant Protein Ingredients market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Plant Protein Ingredients market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Plant Protein Ingredients Market report:
- The latest report comprehensively studies the global Plant Protein Ingredients market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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