Alternative Protein Processing Equipment Market by Type (Dryers, Centrifuges, Grinders, Evaporators), Mode of Operation, Production Capacity, Application (Plant Proteins, Insect Proteins, Microbial Proteins)—Global Forecast to 2030
Alternative Protein Processing Equipment Market by Type (Dryers, Centrifuges, Grinders, Evaporators), Mode of Operation, Production Capacity (Small & Medium Scale, Large Scale), Application (Plant Proteins, Insect Proteins, Microbial Proteins)—Global Forecast to 2030
According to the research report titled, ‘Alternative Protein Processing Equipment Market by Type (Dryers, Centrifuges, Grinders, Evaporators), Mode of Operation, Production Capacity (Small & Medium Scale, Large Scale), Application (Plant Proteins, Insect Proteins, Microbial Proteins)—Global Forecast to 2030,’ the alternative protein processing equipment market is projected to reach $2.2 billion by 2030, at a CAGR of 5.2% from 2023 to 2030. The report provides an in-depth analysis of the alternative protein processing equipment market across five major geographies, emphasizing the current market trends, market size, and recent developments and providing the forecast till 2030.
Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. The growth of the alternative protein processing equipment market is mainly attributed to the innovations in alternative protein processing equipment, alternative protein manufacturers’ focus on reducing production costs, growing venture investments in alternative protein companies, and increased utilization of alternative protein as an ingredient in food & beverage products. However, the high equipment cost is expected to hinder the growth of this market to a notable extent.
Based on type, the filtration systems segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to increasing awareness about safety and filtration processes, advancements in membrane filtration technologies, and increased demand for better product quality. Other benefits of this technology include high protein retention, improved process sustainability, and enhanced protein functionality.
Based on mode of operation, in 2023, the semi-automatic segment is expected to account for the largest share of the global alternative protein processing equipment market. The large market share of this segment is attributed to its benefits, such as greatly improved labor productivity, flexibility in production processes, and technical & economic feasibility.
Based on production capacity, the small & medium scale production segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the rising government support for the development of small-scale processing enterprises, low expenditure requirement, and increased productivity.
Based on application, the insect-based protein segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is driven by factors such as the growing greenhouse gas emissions from livestock and poultry, the high nutritional value of insects, the low environmental impact over their entire life cycle, and the low risk of transmitting zoonotic diseases.
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is projected to register the highest CAGR during the forecast period. The fast growth of this regional market is mainly attributed to the increasing government support for small and medium-scale enterprises, technological advancements in the food industry, the wide availability of raw materials and various insects coupled with huge production capabilities. Additionally, the acceptance of insects as food & feed and the increasing investments in the alternative protein sector further support the growth of the alternative protein processing equipment market in the region.
The key players operating in the alternative protein processing equipment market are Alfa Laval AB (Sweden), ANDRITZ AG (Austria), Bepex International LLC (U.S.), Bühler Holding AG (Switzerland), Clextral SAS (France), Coperion GmbH (Germany), Flottweg SE (Germany), GEA Group Aktiengesellschaft (Germany), Hosokawa Micron B.V. (Netherlands), Koch Separation Solutions (U.S.), Maschinenfabrik Reinartz GmbH & Co. KG (Germany), NETZSCH-Feinmahltechnik GmbH (Germany), SiccaDania A/S (Denmark), and SPX Flow, Inc. (U.S.).
Key Questions Answered in the Report-
What is the current value of revenue generated by the global alternative protein processing equipment market?
At what rate is the global alternative protein processing equipment demand projected to grow for the next 5–7 years?
What are the historical market sizes and growth rates of the global alternative protein processing equipment market?
What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?
What are the impacts of the COVID-19 pandemic on the global alternative protein processing equipment market?
Which segments in terms of type, mode of operation, production capacity, and application create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the alternative protein processing equipment market?
Who are the major players in the global alternative protein processing equipment market? What are their specific product offerings in this market?
What are the recent strategic developments in the global alternative protein processing equipment market? What are the impacts of these strategic developments on the market?
Scope of the Report:
Global Alternative Protein Processing Equipment Market, by Type
Dryers
Centrifuges
Filtration Systems
Mixing Systems
Evaporators
Boilers
Grinders
Screw Press
Other Equipment
Global Alternative Protein Processing Equipment Market, by Mode of Operation
Semi-automatic
Automatic
Global Alternative Protein Processing Equipment Market, by Production Capacity
Small & Medium Scale Production
Large Scale Production
Global Alternative Protein Processing Equipment Market, by Application
Plant-based Proteins
Insect-based Proteins
Microbial-based Proteins
Global Alternative Protein Processing Equipment Market, by Region
North America
U.S
Canada
Europe
Germany
France
U.K
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Latin America
Middle East & Africa
Report Metrics | Details |
---|---|
Years Considered | 2021 - 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Page Count | 170 |
Units Referenced | Value (USD Million) |
Segments/Key Topics | Market by Type, Market by Mode of Operation, Market by Production Capacity, Market by Application, Market by Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Key Companies Mentioned | Key Companies Mentioned Alfa Laval AB (Sweden), ANDRITZ AG (Austria), Bepex International LLC (U.S.), Bühler Holding AG (Switzerland), Clextral SAS (France), Coperion GmbH (Germany), Flottweg SE (Germany), GEA Group Aktiengesellschaft (Germany), Hosokawa Micron B.V. (Netherlands), Koch Separation Solutions (U.S.), Maschinenfabrik Reinartz GmbH & Co. KG (Germany), NETZSCH-Feinmahltechnik GmbH (Germany), SiccaDania A/S (Denmark), and SPX Flow, Inc. (U.S.). |
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