North America Textured Vegetable Protein Market Size, Share & Industry Trends Analysis Report By Application, By Type (Slices, Flakes, Granules, and Chunks), By Source (Soy, Wheat, and Pea), By Form (Dry and Wet), By Nature, By Country and Growth Forecast
Description
North America Textured Vegetable Protein Market Size, Share & Industry Trends Analysis Report By Application, By Type (Slices, Flakes, Granules, and Chunks), By Source (Soy, Wheat, and Pea), By Form (Dry and Wet), By Nature, By Country and Growth Forecast, 2022 – 2028
The North America Textured Vegetable Protein Market would witness market growth of 5.9% CAGR during the forecast period (2022-2028).
Textured soy protein concentrates can also satisfy the various dietary requirements of aquaculture as an alternate source of protein in aqua feed. It has increased the consumption of textured soy protein in feed and has the potential to reduce stress on natural fisheries supplies. There is high demand for textured soy protein-containing organic food and beverage items, which has created opportunities for producers.
The consumption of textured vegetable proteins such as pea protein has several benefits. Pea protein is among the greatest substitute on the market today for plant-based proteins because of its benefits to health, functionality, and sustainability. A technique involving both dry and liquid phases is used to produce pea protein. The pea's outer shell, which is largely made up of insoluble fibers, is first removed mechanically during a dry process. Following milling, soluble fibres, carbohydrates, and proteins are found in the flour that is produced.
The number of vegans in the US and around the other nations in the region is continuously rising, whether they are doing it for the environment, health, or ethical reasons. The sheer number of people who have made the shift shows that it is more than just a craze. People's views on meat consumption and its impact on people, animals, and the environment are starting to shift. Vegan products are now more widely available than ever due to businesses in every industry. The demand for plant-based foods is rising as hundreds of new menu items appear each year.
The US market dominated the North America Textured Vegetable Protein Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $482.3 million by 2028. The Canada market is poised to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.4% during (2022 - 2028).
Based on Application, the market is segmented into Meat Alternatives, Cereals & Snacks, and Other Applications. Based on Type, the market is segmented into Slices, Flakes, Granules, and Chunks. Based on Source, the market is segmented into Soy, Wheat, and Pea. Based on Form, the market is segmented into Dry and Wet. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill Corporation, Archer Daniels Midland Company, Kansas Protein Foods, Ingredion, Incorporated, Koninklijke DSM N.V., Roquette Frères SA, The Scoular Company, Foodchem International Corporation, BENEO GmbH (Südzucker AG), and Axiom Foods, Inc.
Scope of the Study
Market Segments covered in the Report:
By Application
The North America Textured Vegetable Protein Market would witness market growth of 5.9% CAGR during the forecast period (2022-2028).
Textured soy protein concentrates can also satisfy the various dietary requirements of aquaculture as an alternate source of protein in aqua feed. It has increased the consumption of textured soy protein in feed and has the potential to reduce stress on natural fisheries supplies. There is high demand for textured soy protein-containing organic food and beverage items, which has created opportunities for producers.
The consumption of textured vegetable proteins such as pea protein has several benefits. Pea protein is among the greatest substitute on the market today for plant-based proteins because of its benefits to health, functionality, and sustainability. A technique involving both dry and liquid phases is used to produce pea protein. The pea's outer shell, which is largely made up of insoluble fibers, is first removed mechanically during a dry process. Following milling, soluble fibres, carbohydrates, and proteins are found in the flour that is produced.
The number of vegans in the US and around the other nations in the region is continuously rising, whether they are doing it for the environment, health, or ethical reasons. The sheer number of people who have made the shift shows that it is more than just a craze. People's views on meat consumption and its impact on people, animals, and the environment are starting to shift. Vegan products are now more widely available than ever due to businesses in every industry. The demand for plant-based foods is rising as hundreds of new menu items appear each year.
The US market dominated the North America Textured Vegetable Protein Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $482.3 million by 2028. The Canada market is poised to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.4% during (2022 - 2028).
Based on Application, the market is segmented into Meat Alternatives, Cereals & Snacks, and Other Applications. Based on Type, the market is segmented into Slices, Flakes, Granules, and Chunks. Based on Source, the market is segmented into Soy, Wheat, and Pea. Based on Form, the market is segmented into Dry and Wet. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill Corporation, Archer Daniels Midland Company, Kansas Protein Foods, Ingredion, Incorporated, Koninklijke DSM N.V., Roquette Frères SA, The Scoular Company, Foodchem International Corporation, BENEO GmbH (Südzucker AG), and Axiom Foods, Inc.
Scope of the Study
Market Segments covered in the Report:
By Application
- Meat Alternatives
- Cereals & Snacks
- Other Applications
- Slices
- Flakes
- Granules
- Chunks
- Soy
- Wheat
- Pea
- Dry
- Wet
- Conventional
- Organic
- US
- Canada
- Mexico
- Rest of North America
- Cargill Corporation
- Archer Daniels Midland Company
- Kansas Protein Foods
- Ingredion, Incorporated
- Koninklijke DSM N.V.
- Roquette Frères SA
- The Scoular Company
- Foodchem International Corporation
- BENEO GmbH (Südzucker AG)
- Axiom Foods, Inc.
- Exhaustive coverage
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- Assured post sales research support with 10% customization free
Table of Contents
90 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Textured Vegetable Protein Market, by Application
- 1.4.2 North America Textured Vegetable Protein Market, by Type
- 1.4.3 North America Textured Vegetable Protein Market, by Source
- 1.4.4 North America Textured Vegetable Protein Market, by Form
- 1.4.5 North America Textured Vegetable Protein Market, by Nature
- 1.4.6 North America Textured Vegetable Protein Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- Chapter 4. North America Textured Vegetable Protein Market by Application
- 4.1 North America Meat Alternatives Market by Country
- 4.2 North America Cereals & Snacks Market by Country
- 4.3 North America Other Applications Market by Country
- Chapter 5. North America Textured Vegetable Protein Market by Type
- 5.1 North America Slices Market by Country
- 5.2 North America Flakes Market by Country
- 5.3 North America Granules Market by Country
- 5.4 North America Chunks Market by Country
- Chapter 6. North America Textured Vegetable Protein Market by Source
- 6.1 North America Soy Market by Country
- 6.2 North America Wheat Market by Country
- 6.3 North America Pea Market by Country
- Chapter 7. North America Textured Vegetable Protein Market by Form
- 7.1 North America Dry Market by Country
- 7.2 North America Wet Market by Country
- Chapter 8. North America Textured Vegetable Protein Market by Nature
- 8.1 North America Conventional Market by Country
- 8.2 North America Organic Market by Country
- Chapter 9. North America Textured Vegetable Protein Market by Country
- 9.1 US Textured Vegetable Protein Market
- 9.1.1 US Textured Vegetable Protein Market by Application
- 9.1.2 US Textured Vegetable Protein Market by Type
- 9.1.3 US Textured Vegetable Protein Market by Source
- 9.1.4 US Textured Vegetable Protein Market by Form
- 9.1.5 US Textured Vegetable Protein Market by Nature
- 9.2 Canada Textured Vegetable Protein Market
- 9.2.1 Canada Textured Vegetable Protein Market by Application
- 9.2.2 Canada Textured Vegetable Protein Market by Type
- 9.2.3 Canada Textured Vegetable Protein Market by Source
- 9.2.4 Canada Textured Vegetable Protein Market by Form
- 9.2.5 Canada Textured Vegetable Protein Market by Nature
- 9.3 Mexico Textured Vegetable Protein Market
- 9.3.1 Mexico Textured Vegetable Protein Market by Application
- 9.3.2 Mexico Textured Vegetable Protein Market by Type
- 9.3.3 Mexico Textured Vegetable Protein Market by Source
- 9.3.4 Mexico Textured Vegetable Protein Market by Form
- 9.3.5 Mexico Textured Vegetable Protein Market by Nature
- 9.4 Rest of North America Textured Vegetable Protein Market
- 9.4.1 Rest of North America Textured Vegetable Protein Market by Application
- 9.4.2 Rest of North America Textured Vegetable Protein Market by Type
- 9.4.3 Rest of North America Textured Vegetable Protein Market by Source
- 9.4.4 Rest of North America Textured Vegetable Protein Market by Form
- 9.4.5 Rest of North America Textured Vegetable Protein Market by Nature
- Chapter 10. Company Profiles
- 10.1 Koninklijke DSM N.V.
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Acquisition and Mergers:
- 10.2 Archer Daniels Midland Company
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.5.3 Acquisition and Mergers:
- 10.2.5.4 Geographical Expansions:
- 10.3 Ingredion, Incorporated
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Product Launches and Product Expansions:
- 10.3.5.2 Acquisition and Mergers:
- 10.4 BENEO GmbH (Südzucker AG)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Acquisition and Mergers:
- 10.5 Cargill Corporation
- 10.5.1 Company Overview
- 10.5.2 Recent strategies and developments:
- 10.5.2.1 Partnerships, Collaborations, and Agreements:
- 10.5.2.2 Geographical Expansions:
- 10.6 Roquette Freres SA
- 10.6.1 Company Overview
- 10.6.2 Recent strategies and developments:
- 10.6.2.1 Product Launches and Product Expansions:
- 10.6.2.2 Acquisition and Mergers:
- 10.7 The Scoular Company
- 10.7.1 Company Overview
- 10.8 Axiom Foods, Inc.
- 10.8.1 Company Overview
- 10.9 Kansas Protein Foods LLC
- 10.9.1 Company Overview
- 10.10. Foodchem International Corporation
- 10.10.1 Company Overview
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