Dublin, Aug. 30, 2017 (GLOBE NEWSWIRE) -- The "Global Plant Protein Market - By Sources, Industry, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The global plant based protein market was USD 8.35 billion in 2016 and is estimated to reach USD 14.22 billion by 2022 at a CAGR of 5.9% during the forecasted period.
Plant is one of the important sources of protein component, the others include animal-based protein and synthetic protein. Currently, consumers desire to take plant-based protein over animal-based protein since many consumers prefer green natural ingredients than animal based protein which is cholesterol rich and might cause health issues.
Plant-based protein is extensively used in food and beverage industry as food supplement. There is more inclination of people towards plant protein ingredients which ultimately have paved away the non-meat diet. Plant based proteins are derived from sources such as soy, wheat and other vegetables being an essential part of food & beverage industry are providing vivid competition to animal proteins.
North America, Western Europe and Japan are the fruitful and profitable market for the plant-based protein, owing to increasing the health consciousness. Asia-pacific region for plant-based protein is expected to grow at a significant rate in terms of value, hence there is a substantial opportunity to increase the revenue of plant-based market share by penetrating with its various applications.
The plant protein market is forecasted to increase in developing countries due to emerging economies, increase in demand for healthy food products and due to high nutritional values of soy and pea proteins. Due to high nutritional facts and economic feasibility of plant proteins provides a great opportunity for the utilization in food, beverages and dietary supplements to fulfill the voracious demands of protein in the market. Animal feed market is also a growing segment which uses plant protein as an animal feed ingredient to depend on the more sustainable source which uses less energy consumption, land usage and water consumption.
Some of the key players operating in the global plant-based protein market are Archer Daniels Midland Company, Cargill, Incorporated, E. I. du Pont de Nemours and Company, Fonterra Co-Operative Group, Kerry Group plc , Beyond Meat, Sun Brothers, LLC., Vega, AMCO Proteins, Hilmar Cheese Company, Inc., and Omega Protein Corporation.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
- Definition
- Industry Value Chain Analysis
- Need of Plant Protein Market
- Regulations
- Market Dynamics
- Introduction
- Drivers
- Constraints
- Opportunities/Reason of growth
4. Global Plant Protein market Segmentation, Forecasts and Trends - By Revenue
5. By Sources
- Soy Protein
- Wheat Protein
- Canola Protein
- Pea Protein
- Vegetable Protein
6. By Industry
- Food Industry
- Beverages
- Bakery
- Dairy industry
7. By Region
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Others
- Asia-Pacific
- India
- China
- Japan
- Australia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Others
8. Vendor Market Share Analysis
9. Company Profiles
- Archer Daniels Midland Company
- Cargill Incorporated
- Fonterra Co-Operative Group
- Kerry Group plc
- Beyond Meat
- E. I. du Pont de Nemours and Company
- Sunwarrior
- Vega
- AMCO Proteins
- Hilmar Cheese Company
- Omega Protein Corporation
10. Industry Structure
- Industry M&As, Consolidations
- Investment Opportunities
- Global Plant Protein market - Road Ahead
- Tables
- Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/p2s26f/global_plant