Global Plant Based Protein Products Market 2024-2028
The plant based protein products market is forecasted to grow by USD 15905.7 million during 2023-2028, decelerating at a CAGR of 20.51% during the forecast period. The report on the plant based protein products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an expanding global vegan population base, growing prominence of private label brands, and growth in organized retailing.
Technavio's plant based protein products market is segmented as below:
By Distribution Channel
By Product
- Soy protein
- Wheat protein
- Pea protein
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing health consciousness as one of the prime reasons driving the plant based protein products market growth during the next few years. Also, the increasing number of new product launches and the growing prominence of online shopping will lead to sizable demand in the market.
The report on the plant based protein products market covers the following areas:
- Plant based protein products market sizing
- Plant based protein products market forecast
- Plant based protein products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plant based protein products market vendors that include Allmax, Archer Daniels Midland Co., Beyond Meat Inc., Cargill Inc., Cooke Aquaculture Inc., DuPont de Nemours Inc., Elmhurst Milked Direct LLC, FOODS FOR TOMORROW Sl, Forager Project, Fresh Del Monte Produce Inc, Glanbia plc, Hungry Planet Inc., Kerry Group Plc, Maple Leaf Foods Inc., Natures Bounty, PepsiCo Inc., Puris, Sotexpro, Tate and Lyle PLC, and The Kroger Co.. Also, the plant based protein products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.