Extract:
The Plant Based Protein market is said to witness a significant growth during the forecast years between 2021 and 2028. The global plant based protein market in predicted to grow from USD 11.2 Billion in 2020 to USD 25.4 Billion by 2028, while rising at a CAGR of 10.2% during the forecast period. This accredited to increasing use of pea protein in food industry and several novel inventions used for the extraction of plant based protein. In 2020, North America accounted for the maximum growth in the said market.
Report Scope in detail:
This latest report edition of Plant Based Protein market has been added to our huge database of detailed reports and this envisions to shape the future of all the related businesses. Our team of learned research analysts have studied in-depth and curated the report based on several aspects which include the overview of the market, driving forces, growth rate, market trends, market size, opportunities and challenges of the market; along with detailed competitive analysis on the regional as well as global level. The Plant Based Protein market research report renders a thorough analysis of the market on a global aspect and aims on several market segmentation. This report also provides deeper perception into the latest trends of the market and pinpoints crucial product developments of the industry. Furthermore, the report collects numerous factors that have accredited to the growth of the market in the recent years.
Market Dynamics:
- Considering the growing health and wellness trend across the world, the global plant based protein market is said to accelerate during the forecast period.
- There is constantly growing demand for plant based protein from the food and the beverage industry and this is one of the key market driving force.
- In the past few years, there has been a significant increase in the consumers focusing on meat alternatives, which is promoting the market further.
- Due to the fastest-growing nutritional movement wherein consumers are opting for soy-free or gluten-free products. This may be a hindrance to the global market in the coming years.
- During the forecast period, Asia Pacific is anticipated to grow at a higher CAGR, this is owing to the region’s increasing protein enriched diet awareness, ascending technological advancements in food and beverage industry, etc.
Plant Based Protein Supplements Market Segmentation:
By Type
- Soy Protein
- Pea Protein
- Wheat Protein
- Canola Protein
- Rice Protein
- Potato Protein
- Corn Protein
- Others
By Crop Type
- Genetically Modified Organism (GMO) crops
- Non-GMO crops
By Source Process
- Organic Plant-Based Protein Ingredients
- Non-Organic/Conventional Plant-Based Protein Ingredients
By Application
- Food and Beverages
- Animal Feed
- Nutrition & Health Supplements
- Pharmaceuticals
- Others
Regional Coverage
- North America
- United States
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Competitive Analysis:
Eminent market players have been outlined in order to extract improved insights into the worldwide businesses. Our research reports offer all-inclusive information on various top most manufacturers that are operational across global regions. We provide company profiles which include detailed overview of the company, business information, business performance, crucial strategies implemented through the years.
Few of the Key Players Covered in Our Report:
- Archer Daniels Midland Company (ADM)
- Wilmar International
- Emsland Group
- Cargill
- Ingredion
- DuPont
- Roquette Frères
- PURIS
- Kerry Group
- Burcon NutraScience Corp.
- Sotexpro
- Glanbia
- DSM
- Axiom Foods
- Prolupin GMBH
- Aminola
- Shandong Jianyuan Group
- The Green Labs LLC
Impact of COVID19:
The COVID19 pandemic crippled the global economy, it resulted in a worldwide lockdown and this has majorly impacted numerous industries. Our industry experts are working round-the-clock to identify, accumulate and in-time deliver market analysis due to the effect of unprecedented decisions in COVID-19 repercussions on many businesses. The full version of this report will comprise the overall impact of the pandemic, and predicted alteration on the future outlook of the industry, by taking into the account the economic, political, technological and social parameters.
This research study involves broad usage of both secondary and primary data sources. The research process involves the identification of numerous factors which affect the industry, comprising the market environment, government policy, historical data, present trends in the market, competitive landscape, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Market Estimation
Top-down and bottom-up approaches are used for validating the market size for companies, regional segments along with relevant market segmentations such as product type and application.
This report includes market estimations which are based on the marketed sale price of a product. Further breakdown of product segments, particular market share are formed based on the weightage assigned to every segment, which is derived of their usage rate and average price. The entire probable factors which effect the markets and influence them in a great way are included in this research report; and have been accounted for, studied in-depth and are confirmed through primary research. These are then studies to get the final qualitative and quantitative data. Any of the factors such as the outcome of inflation, economic downfall, and any kind of policy and regulatory alterations and/or other such factors are not accounted for in the market forecast. All of this data is amalgamated and included with thorough inputs and analysis from Gravitas Market Insights is curated in this report.
Along with the previously mentioned approaches, various data triangulation methods, in order to conduct market estimations and market forecasting for the complete market segments are detailed in this report. Key Companies present in the said market are also acknowledged via in-depth secondary research and primary research.
Section 1: Executive Summary
1.1. Plant-based Protein Market Industry 360° outline, Year 2016 – 2028
1.2. Business Model Trends
1.3. Growth Trends
1.4. End-User/Type Trends
1.5. Regional Trends
Section 2: Market Dynamics - Plant-based Protein Market Industry Insights
2.1. Growth Drivers
2.2. Opportunities
2.3. Industry challenges
2.4. SWOT Analysis
2.5. Porter’s Analysis
2.6. Worldwide Industry Landscape, Year 2016 – 2028
2.7. Industry Segmentation
2.8. Crop Type & Invention landscape
2.9. Regional Landscape
2.9.1. North America
2.9.2. Europe
2.9.3. Asia-Pacific
2.9.4. South America
2.9.5. Middle East & Africa
2.10. Competitive Environment
Section 3: Global Plant-based Protein Market, By Crop Type
3.1. Segmentation Analysis, By Crop Type, 2016-2028
3.2. Market Share Segmentation Analysis, By Crop Type, 2016-2028
3.3. Genetically Modified Organism (GMO) crops
3.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
3.4. Non-GMO crops
3.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 4: Global Plant-based Protein Market, By Type
4.1. Segmentation Analysis, By Type, 2016-2028
4.2. Market Share Segmentation Analysis, By Type, 2016-2028
4.3. Canola Protein
4.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.4. Soy Protein
4.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.5. Wheat Protein
4.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.6. Pea Protein
4.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.7. Potato Protein
4.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.8. Rice Protein
4.8.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.9. Corn Protein
4.9.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
4.10. Others
4.10.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 5: Global Plant-based Protein Market, By Source Type
5.1. Segmentation Analysis, By Source Type, 2016-2028
5.2. Market Share Segmentation Analysis, By Source Type, 2016-2028
5.3. Organic Plant-Based Protein Ingredients
5.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
5.4. Non-Organic/Conventional Plant-Based Protein
5.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 6: Global Plant-based Protein Market, By Application
6.1. Segmentation Analysis, By Application, 2016-2028
6.2. Market Share Segmentation Analysis, By Application, 2016-2028
6.3. Nutrition & Health Supplements
6.3.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.4. Food & Beverage
6.4.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.5. Pharmaceuticals
6.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.6. Animal Feed
6.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
6.7. Others
6.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 7: Global Plant-based Protein Market, Regional Analysis
7.1. Global Plant-based Protein Market, Regional Analysis
7.2. North America, Country level Analysis
7.2.1. North America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Crop Type, 2016 – 2028
7.2.2. North America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Type, 2016 – 2028
7.2.3. North America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Source Type, 2016 – 2028
7.2.4. North America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
7.2.5. United States
7.2.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.2.6. Canada
7.2.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.2.7. Mexico
7.2.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3. Europe Country level Analysis
7.3.1. Europe Plant-based Protein Market estimates and forecast with Growth rate analysis, By Crop Type, 2016 – 2028
7.3.2. Europe Plant-based Protein Market estimates and forecast with Growth rate analysis, By Type, 2016 – 2028
7.3.3. Europe Plant-based Protein Market estimates and forecast with Growth rate analysis, By Source Type, 2016 – 2028
7.3.4. Europe Plant-based Protein Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
7.3.5. UK
7.3.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3.6. Germany
7.3.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3.7. France
7.3.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3.8. Italy
7.3.8.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3.9. Spain
7.3.9.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3.10. Russia
7.3.10.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.3.11. Rest of Europe
7.3.11.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4. Asia-Pacific Country level Analysis
7.4.1. Asia-Pacific Plant-based Protein Market estimates and forecast with Growth rate analysis, By Crop Type, 2016 – 2028
7.4.2. Asia-Pacific Plant-based Protein Market estimates and forecast with Growth rate analysis, By Type, 2016 – 2028
7.4.3. Asia-Pacific Plant-based Protein Market estimates and forecast with Growth rate analysis, By Source Type, 2016 – 2028
7.4.4. Asia-Pacific Plant-based Protein Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
7.4.5. China
7.4.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4.6. India
7.4.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4.7. Japan
7.4.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4.8. Korea
7.4.8.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4.9. Australia
7.4.9.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4.10. Southeast Asia
7.4.10.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.4.11. Rest of Asia-Pacific
7.4.11.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.5. South America Country level Analysis
7.5.1. South America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Crop Type, 2016 – 2028
7.5.2. South America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Type, 2016 – 2028
7.5.3. South America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Source Type, 2016 – 2028
7.5.4. South America Plant-based Protein Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
7.5.5. Brazil
7.5.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.5.6. Argentina
7.5.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.5.7. Colombia
7.5.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.5.8. Rest of South America
7.5.8.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.6. Middle East & Africa Country level Analysis
7.6.1. MEA Plant-based Protein Market estimates and forecast with Growth rate analysis, By Crop Type, 2016 – 2028
7.6.2. MEA Plant-based Protein Market estimates and forecast with Growth rate analysis, By Type, 2016 – 2028
7.6.3. MEA Plant-based Protein Market estimates and forecast with Growth rate analysis, By Source Type, 2016 – 2028
7.6.4. MEA Plant-based Protein Market estimates and forecast with Growth rate analysis, By Application, 2016 – 2028
7.6.5. GCC
7.6.5.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.6.6. South Africa
7.6.6.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
7.6.7. Rest of Middle East & Africa
7.6.7.1. Market estimates and forecast with Growth rate analysis, 2016 – 2028
Section 8: Company Profile - Plant-based Protein Market
8.1. Wilmar International
8.1.1. Business Overview
8.1.2. Product & Service Offering
8.1.3. Overall Revenue
8.1.4. Strategic Outlook
8.2. Cargill
8.2.1. Business Overview
8.2.2. Product & Service Offering
8.2.3. Overall Revenue
8.2.4. Strategic Outlook
8.3. Archer Daniels Midland Company (ADM)
8.3.1. Business Overview
8.3.2. Product & Service Offering
8.3.3. Overall Revenue
8.3.4. Strategic Outlook
8.4. DuPont
8.4.1. Business Overview
8.4.2. Product & Service Offering
8.4.3. Overall Revenue
8.4.4. Strategic Outlook
8.5. Sotexpro
8.5.1. Business Overview
8.5.2. Product & Service Offering
8.5.3. Overall Revenue
8.5.4. Strategic Outlook
8.6. Roquette Frères
8.6.1. Business Overview
8.6.2. Product & Service Offering
8.6.3. Overall Revenue
8.6.4. Strategic Outlook
8.7. Ingredion
8.7.1. Business Overview
8.7.2. Product & Service Offering
8.7.3. Overall Revenue
8.7.4. Strategic Outlook
8.8. Kerry Group
8.8.1. Business Overview
8.8.2. Product & Service Offering
8.8.3. Overall Revenue
8.8.4. Strategic Outlook
8.9. Burcon NutraScience Corp.
8.9.1. Business Overview
8.9.2. Product & Service Offering
8.9.3. Overall Revenue
8.9.4. Strategic Outlook
8.10. DSM
8.10.1. Business Overview
8.10.2. Product & Service Offering
8.10.3. Overall Revenue
8.10.4. Strategic Outlook
8.11. Aminola
8.11.1. Business Overview
8.11.2. Product & Service Offering
8.11.3. Overall Revenue
8.11.4. Strategic Outlook
8.12. The Green Labs LLC
8.12.1. Business Overview
8.12.2. Product & Service Offering
8.12.3. Overall Revenue
8.12.4. Strategic Outlook
*Market size and forecast will be provided from 2016-2028, and forecast period would be 2021-2028
*Details on financial performance and strategic moves and developments may not be captured for unlisted companies
*List of companies profiled in this TOC is tentative and may change after detailed analysis
