Global Plant-Based Protein Market 2022-2028

Global Plant-Based Protein Market 2022-2028

Plant protein is simply a meaningful food source of protein which is from plants. This group can include pulses, soya, tempeh, seitan, nuts, seeds, certain grains and even peas. Plant-based proteins are highly versatile, they provide a number of different functionalities in food systems, and they are also very nutritious. Garnering a CAGR of 7.1% from 2022 to 2028, the global plant-based protein market is projected to reach worth of USD 15,035 million by 2028-end, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plant-based protein market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plant-based protein industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for plant-based protein can be segmented by product: canola protein, pea protein, potato protein, rice protein, soy protein concentrates, wheat protein, others. The soy protein concentrates segment held the largest share of the global plant-based protein market in 2021 and is anticipated to hold its share during the forecast period. Plant-based protein market is further segmented by application: animal feed, foods and beverages, infant formulations, nutrition and supplements, cosmetics. Globally, the foods and beverages segment made up the largest share of the plant-based protein market. Based on region, the plant-based protein market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). North America was the largest contributor to the global plant-based protein market in 2021.

By product:

• canola protein
• pea protein
• potato protein
• rice protein
• soy protein concentrates
• wheat protein
• others

By application:

• animal feed
• foods and beverages
• infant formulations
• nutrition and supplements
• cosmetics

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The report also provides a detailed analysis of several leading plant-based protein market vendors that include Archer Daniels Midland Co., Axiom Foods, Inc., Burcon NutraScience Corporation, Cargill Inc., CHS Inc., Corbion N.V., Cosucra Groupe Warcoing SA, Glanbia, Plc, Ingredion Incorporated, Kerry Group plc, Now Health Group, Inc., Roquette Freres SA, Tate＆Lyle PLC, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global plant-based protein market.
• To classify and forecast the global plant-based protein market based on product, application, region.
• To identify drivers and challenges for the global plant-based protein market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global plant-based protein market.
• To identify and analyze the profile of leading players operating in the global plant-based protein market.

Why Choose This Report

• Gain a reliable outlook of the global plant-based protein market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.