Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form, Application (Food(Dairy Alternatives, Meat Alternatives, and Performance Nutrition) and Feed), and Region - Global Forecast to 2026
[216 Pages Report] The global plant-based protein market size was valued at USD 10.3 billion in 2020 to USD 15.6 billion by 2026, recording a CAGR of 7.2% during the forecast period. This is attributed to the growing usage of pea protein in food industry and innovation in the technologies used for extraction of plant-based protein. North America region accounted for the largest market share in the global market.
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Market Dynamics
Drivers: Rise in demand for wellness-focused organic food & beverages
The changing consumer preferences have showcased a growing consumer shift toward adapting to a more nutritional diet centered towards a more sustainable lifestyle and lower dependency on animal proteins. A considerable percentage of the millennial population in Western countries has been observed regarding their changing food habits as consumers move from conventional animal-based products to organic and plant-based food products as an ideal food solution. In recent years, the adoption of plant-based food & beverages among the consumers has been higher due to the broader scope of product availability, improved product developments and innovation into plant-based proteins and a broader scope of available alternatives and substitutes.
Restraints: Allergies associated with plant-based protein sources
Plant-based food & beverages have functional health benefits and consist of essential minerals; however, in several cases, the consumption of select sources, such as soy and wheat, has been identified as allergens resulting in cautious consumer acceptance. Soybeans have s strong nutrient content profile including, vitamins, minerals, and proteins; however, antinutritional components present in soy could cause allergies. According to the Cleveland Clinic, soy is one of the Big Eight allergens, along with cows milk, eggs, peanuts, tree nuts, wheat, fish, and shellfish, responsible for 90% of all food allergies. A soy allergy occurs when the human immune system mistakes the harmless proteins found in soy as harmful and produces antibodies to combat them. Moreover, soy protein has large quantities of phytic acid, which has the potential to block the absorption of essential minerals, such as calcium, magnesium, copper, iron, and zinc. Soy allergy could also lead to itching and hives in humans. The other aspect is of gluten allergy, which commonly occurs in wheat proteins exhibiting a similar set of characteristics, which has had an impact on the growth prospects of both protein sources.
Opportunities: Rise in demand for food & beverages with organic Ingredients
The organic plant-based protein market has the potential to change the business landscape in the overall plant protein ingredients market. According to the Research Institute of Organic Agriculture (FiBL), a total of 71.5 million hectares were organically managed at the end of 2018, representing a growth of 2.9 percent or 2 million hectares compared to 2017, the largest growth ever recorded. In 2018, 2.8 million organic producers were reported globally, and India continues to be dominant with the highest number of producers. Growth of the organic food products market is also expected to boost the growth of the organic plant-based protein ingredients market.
Challenges: Concerns over source quality in food and beverage products due to the use of genetically modified crops
Soy, wheat, and pea are among the prominent sources used in the processing and production of plant-based proteins and are produced primarily in countries such as Brazil, the US, Canada, China, and India. These countries also represent a key portion of the demand for plant-based food & beverages among consumers. However, to meet the growing demand for various plant-based protein sources, farmers often grow genetically modified (GM) crops, which is often seen unfavorably by consumers. To that effect, non-GMO soybeans are primarily used for human consumption, whereas the GM soybeans are found mostly in livestock feed. However, producers are focusing their efforts on the production of non-GMO soybeans, resulting in a higher cost of production, often resulting in lower margins during sales.
By type, the isolates segment is projected to grow with the highest CAGR in the global market during the forecast period
The isolate segment, by type, is projected to grow at the highest revenue CAGR during the forecast period. Isolates are the most refined form of protein products containing a higher concentration of protein. They are easily digestible and can be incorporated into different food products. Protein isolates have been developed from a variety of legumes such as soy, pea, canola, and other sources such as rice and oats. It has a high concentration of protein, with the advantage of color, flavor, and functional properties, which make it an ideal raw ingredient to be used in applications such as beverages, infant foods, children's food, and other types of specialty foods
By application, the food segment is estimated to account for the largest market share in 2020 in the global market.
The food industry of the plant-based protein market is at the forefront of the plant-based revolution. Changing consumer preferences driven by awareness toward meat sourcing practices, its ecological impact, and animal-borne diseases have led to more consumers opting out of meat consumption. The resulting change has led to consumer demand shifting from conventional animal-based proteins to plant-based alternatives. The growing vegan trend has led to an upsurge in manufacturer presence in the sector.
The dry segment in the global market is estimated to dominate the market in 2020.
By form, the market for dry plant-based is estimated to dominate the plant-based protein market in 2020. The dry form of processing of protein is used in the production of protein concentrates. It involves dry milling technology, which is used to reduce the particle size of raw material into fine particles. This method is used to process pulses and cereal, which is correlated to their specific tissue architecture and milling behavior. The process relies on differential particle size and density within the milled flour. Once milled, the air classification process is used to separate the smaller protein rice fragments from larger starch-rich granules or fiber-rich granules.
North America is projected to account for the largest share in the global plant-based protein market during the forecast period.
The North American market accounted for the largest share in 2020 due to the presence of some of the leading manufacturers such as Cargill (US), ADM (US), DuPont (US), and Puris (US). The North American region has been a key driver for the growth of the market owing to the investments in product manufacturers as well as processing units. The region is a key producer of different sources, including soy, wheat, and pea, with the combined output from the region dominating the global export market. The growing trend of veganism in the region also continues to propel plant-based protein products into the mainstream. The rising incidences of obesity, cardiovascular diseases, and diabetes among the American population has also prompted consumers to adopt vegan diets.
Key Market Players:
The key players in the plant-based protein market include DSM (Netherlands), ADM (US), DuPont (US), Kerry Group (Ireland), Cargill (US), Glanbia (Ireland), Wilmar International (Singapore), Emsland Group (Germany), Puris (US), Cosucra Group (Belgium), Batory Foods (US), Roquette Freres (France), Ingredion (US), Burcon Nutracience (Canada), Sotexpro (France), AGT Food & Ingredients (Canada), BENEO (Germany), Prolupin Gmbh (Germany), Aminola (Netherlands), Herblink Biotech Corporation (China), ET Chem (China), Shandong Jianyuan Group (China), The Green Labs LLC (US), and Parabel (US). These players have broad industry coverage and strong operational and financial strength.
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Report Metric |
Details |
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Market size estimation |
20182026 |
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Base year considered |
2019 |
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Forecast period considered |
20202026 |
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Units considered |
Value (USD) & Volume (KT) |
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Segments covered |
Type, application, source, form, and region |
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Regions covered |
North America, Europe, Asia Pacific, South America and RoW |
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Companies studied |
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Target Audience:
- Product development personnel
- Plant-based meat manufacturers
- Consumers
- Marketing and sales managers
- Commercial research and development (R&D) institutions and financial institutions
- Government and research organizations
- Marketing directors
- Key executives from various key companies and organizations in the plant-based protein market
This research report categorizes the plant-based protein market based on type, application, source, form, and region.
By Application
- Food
- Meat, poultry, and seafood
- Bakery products
- Meat alternatives
- Dairy & dairy alternatives
- Cereals & snacks
- Beverages
- Other food applications (confectioneries, baby food products, and pet food products)
- Feed
By Type
- Isolates
- Concentrates
- Textured
By Source
- Soy
- Wheat
- Pea
- Other sources (canola protein, rice protein, and potato protein)
By Form
- Dry
- Liquid
By Region
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (Middle East & Africa)
Recent Developments
- In January 2019, ADM expanded its presence in Brazil with the construction of a new soy protein production complex in Campo Grande, Mato Grosso do Sul, Brazil, at a value of USD 250 million. The complex would manufacture a range of functional protein concentrates and isolates for ADMs current product line.
- In September 2019, ADM expanded the production capacity of its CLARISOY soy protein isolate line of products to meet the growing consumer demand for soy protein isolates.
- In January 2018, Cargill entered into an agreement with pea protein producer, PURIS (US), for the supply of peas for Cargills line of organic, non-GMO pea protein products
- In February 2019, Glanbia PLC acquired Watson (US), a US-based manufacturer and supplier of high-quality custom nutrient premixes, bakery ingredients, edible films, and material conditioning solutions for the nutrition, food & beverage, personal care, and supplement industries.
Frequently Asked Questions (FAQ):
Who are the major market players in the plant-based protein market?
Major market players in the plant-based protein market include Royal DSM, ADM, Cargill, DuPont, and Kerry Group.
What are the regional growth trends and the largest revenue-generating regions for the plant-based protein market?
The North American region represents a strong growth prospect driven by a large production and consumer base in the region. The Asia Pacific market is expected to witness the fastest growth prospects driven by a large population and shifting consumer focus towards plant-based alternatives.
Which are the key regions that are projected to witness significant growth in the plant-based protein market?
The European and Asia Pacific region are expected to witness significant growth in the forecast period.
What are the major types of plant-based protein that are projected to gain maximum market revenue and share during the forecast period?
The isolates segment is expected to gain the highest market revenue over the forecast period.
Which are the major applications of plant-based protein, and which form of plant-based protein is expected to dominate in the forecast period?
The food segment is the dominant application in the plant-based protein market. The demand for plant-based applications in foods such as meat alternatives, beverages, and snack segments. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 20)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
1.3.1 REGIONAL SEGMENTATION
1.3.2 PERIODIZATION CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 20142018
1.5 VOLUME UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 25)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from secondary sources
2.1.2.2 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 PLANT-BASED PEA PROTEIN MARKET SIZE ESTIMATION: METHOD 1
2.2.2 PLANT-BASED PROTEIN MARKET SIZE ESTIMATION: METHOD 2
2.2.3 MARKET SIZE ESTIMATION NOTES
2.3 DATA TRIANGULATION
FIGURE 3 DATA TRIANGULATION METHODOLOGY
2.4 ASSUMPTIONS FOR THE STUDY
2.5 LIMITATIONS OF THE STUDY
2.6 COVID-19 HEALTH ASSESSMENT
FIGURE 4 COVID-19: GLOBAL PROPAGATION
FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES
2.7 COVID-19 ECONOMIC ASSESSMENT
FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
2.7.1 COVID-19 ECONOMIC IMPACTSCENARIO ASSESSMENT
FIGURE 7 CRITERIA IMPACTING GLOBAL ECONOMY
FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
3 EXECUTIVE SUMMARY (Page No. - 40)
TABLE 2 PLANT-BASED PROTEIN MARKET SNAPSHOT, 2020 VS. 2026
FIGURE 9 MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 2020 VS. 2026 (USD MILLION)
FIGURE 10 MARKET SIZE FOR PLANT-BASED PROTEIN, BY FORM, 2020 VS. 2026 (USD MILLION)
FIGURE 11 MARKET SIZE FOR PLANT-BASED PROTEIN, BY TYPE, 2020 VS. 2026 (USD MILLION)
FIGURE 12 MARKET SIZE FOR PLANT-BASED PROTEIN, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
FIGURE 13 MARKET SIZE IN FOOD, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
FIGURE 14 MARKET SHARE & GROWTH (VALUE), BY REGION
4 PREMIUM INSIGHTS (Page No. - 46)
4.1 OPPORTUNITIES IN THE GLOBAL MARKET
FIGURE 15 INCREASE IN DEMAND FOR MEAT SUBSTITUTES AND VEGAN-FRIENDLY PRODUCTS TO WIDEN GROWTH PROSPECTS FOR PLANT-BASED PROTEIN
4.2 PLANT-BASED PROTEIN MARKET, BY SOURCE
FIGURE 16 SOY TO DOMINATE AMONG THE SOURCES OF PLANT-BASED PROTEIN
4.3 PLANT-BASED PROTEIN MARKET, BY FORM
FIGURE 17 DRY PLANT-BASED PROTEIN TO DOMINATE ON THE BASIS OF FORM
4.4 PLANT-BASED PROTEIN MARKET, BY TYPE
FIGURE 18 CONCENTRATES TO BE THE DOMINANT TYPE OF PLANT-BASED PROTEIN
4.5 PLANT-BASED PROTEIN MARKET, BY APPLICATION
FIGURE 19 FOOD TO DOMINATE THE PLANT-BASED PROTEIN MARKET ON THE BASIS OF APPLICATION
4.6 PLANT-BASED PROTEIN MARKET IN FOOD, BY APPLICATION
FIGURE 20 MEAT ALTERNATIVES TO DOMINATE THE PLANT-BASED PROTEIN MARKET ON THE BASIS OF FOOD APPLICATION
4.7 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE AND COUNTRY
FIGURE 21 NORTH AMERICA: THE US WAS ONE OF THE MAJOR CONSUMERS ACROSS THE GLOBE IN 2019
4.8 PLANT-BASED PROTEIN MARKET, BY REGION
FIGURE 22 ASIA PACIFIC AND NORTH AMERICA ARE PROJECTED TO WITNESS HIGH GROWTH DURING THE FORECAST PERIOD
4.9 COMPARISON GRAPH OF PRE- AND POST-COVID-19 SCENARIO
FIGURE 23 COMPARISON GRAPH OF PRE- AND POST-COVID-19 SCENARIO
5 MARKET OVERVIEW (Page No. - 51)
5.1 INTRODUCTION
FIGURE 24 US: ANNUAL SALES OF PLANT-BASED FOOD & BEVERAGES, 20172019 (USD BILLION)
5.2 MARKET DYNAMICS
FIGURE 25 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rise in demand for health-enriching organic food & beverages
5.2.1.2 Innovations and developments related to plant-based protein to encourage the vegan trend
FIGURE 26 US: FOOD PREFERENCES OF POPULATION, 2018
5.2.1.3 Rise in population with lactose intolerance
TABLE 3 LACTOSE INTOLERANCE RATE, BY ETHNICITY
5.2.1.4 Increase in investments & collaborations in the plant-based food business
FIGURE 27 GREENHOUSE GAS EMISSION FROM AVERAGE FOOD CONSUMPTION, BY FOOD TYPE, 2018
5.2.2 RESTRAINTS
5.2.2.1 Allergies associated with plant-based protein sources such as soy & wheat
5.2.2.2 Possibilities of nutritional & vitamin deficiencies among vegans
5.2.3 OPPORTUNITIES
5.2.3.1 Rise in demand for food & beverages with organic ingredients
5.2.3.2 Increase in preference of consumers for meat alternatives
5.2.3.3 Focus on aquatic plants as new and emerging sources of protein
5.2.4 CHALLENGES
5.2.4.1 Concerns over the quality of food & beverages due to GM ingredient adulteration
5.2.4.2 Economic constraints related to the processing capacity of pea protein
5.3 VALUE CHAIN
FIGURE 28 PLANT-BASED PROTEIN MARKET: VALUE CHAIN
5.4 AVERAGE PRICING OF PLANT-BASED PROTEIN
5.4.1 AVERAGE PRICE OF PLANT-BASED PROTEIN, BY SOURCE, 2018, 2019 & 2026 (USD/TON)
5.5 PATENT ANALYSIS
TABLE 4 KEY PATENTS PERTAINING TO PLANT-BASED PROTEIN, 20192020
5.6 ECOSYSTEM & MARKET MAP
FIGURE 29 MARKET ECOSYSTEM
FIGURE 30 MARKET MAP
5.7 KEY MARKET FOR IMPORT/EXPORT
5.7.1 SOYBEAN
TABLE 5 TOP 10 IMPORTERS AND EXPORTERS OF SOYBEANS, 2019 (KT)
5.7.2 WHEAT
TABLE 6 TOP 10 IMPORTERS AND EXPORTERS OF WHEAT, 2019 (KT)
5.7.3 PEA
TABLE 7 TOP 10 IMPORTERS AND EXPORTERS OF PEA, 2019 (KT)
5.7.4 RICE
TABLE 8 TOP 10 IMPORTERS AND EXPORTERS OF RICE, 2019 (KT)
5.7.5 POTATO
TABLE 9 TOP 10 IMPORTERS AND EXPORTERS OF POTATO, 2019 (KT)
5.8 PORTERS FIVE FORCES
TABLE 10 PLANT-BASED PROTEIN MARKETS: PORTERS FIVE FORCE
5.9 YC-YCC SHIFT
FIGURE 31 YC & YCC SHIFT FOR THE PLANT-BASED PROTEIN MARKET
6 PLANT-BASED PROTEIN MARKET: A COMPARATIVE ANALYSIS WITH ALTERNATIVE PROTEIN SOURCES (Page No. - 66)
6.1 WHAT IS PLANT PROTEIN?
FIGURE 32 MAJOR HIGHLIGHTS IN PLANT PROTEIN
6.1.1 DEVELOPMENT OF NEW PLANT-BASED SOURCES ARE CONTRIBUTING TO THE GROWTH OF THE PLANT-BASED PROTEINS MARKET ON A GLOBAL LEVEL
FIGURE 33 PROTEIN CONSUMPTION, BY SOURCE, 2018
6.1.2 COMPREHENSIVE PROFILES OF ALTERNATIVE PROTEIN SOURCES
FIGURE 34 PEA PROTEIN: COMPREHENSIVE PROFILE
FIGURE 35 SOY PROTEIN: COMPREHENSIVE PROFILE
FIGURE 36 INSECT PROTEIN: COMPREHENSIVE PROFILE
FIGURE 37 MYCOPROTEIN: COMPREHENSIVE PROFILE
FIGURE 38 CULTURED MEAT: COMPREHENSIVE PROFILE
FIGURE 39 WHEY PROTEIN: COMPREHENSIVE PROFILE
6.1.3 WHAT IS THE NEED FOR INNOVATION IN THE INDUSTRY?
6.1.4 COMPARATIVE ANALYSIS
TABLE 11 COMPARATIVE ANALYSIS OF PROFILES OF KEY PLANT PROTEIN PRODUCTS
6.1.5 CONCLUSION
7 PLANT-BASED PROTEIN, BY SOURCE (Page No. - 76)
7.1 INTRODUCTION
FIGURE 40 PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
TABLE 12 PLANT-BASED PROTEIN MARKET SHARE, BY SOURCE, 20182026 (USD MILLION)
TABLE 13 MARKET SHARE, BY SOURCE, 20182026 (KT)
7.1.1 COVID-19 IMPACT ON THE PLANT-BASED PROTEIN MARKET, BY SOURCE, 20182021
TABLE 14 PESSIMISTIC SCENARIO: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 20182021 (USD MILLION)
TABLE 15 REALISTIC SCENARIO:MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182021 (USD MILLION)
TABLE 16 OPTIMISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182021 (USD MILLION)
7.2 SOY
7.2.1 PRODUCTION AND EXPORTS OF SOYBEANS TO DRIVE THE DEMAND FOR SOY PROTEIN
TABLE 17 MARKET SIZE FOR SOY, BY REGION, 20182026 (USD MILLION)
TABLE 18 MARKET SIZE FOR SOY, BY REGION, 20182026 (KT)
7.3 WHEAT
7.3.1 BINDING CHARACTERISTICS TO DRIVE THE DEMAND FOR WHEAT PROTEIN
TABLE 19 MARKET SIZE FOR WHEAT, BY REGION, 20182026 (USD MILLION)
TABLE 20 MARKET SIZE FOR WHEAT, BY REGION, 20182026 (KT)
7.4 PEA
TABLE 21 PLANT PROTEIN MARKET SIZE FOR PEA, BY REGION, 20182026 (USD MILLION)
TABLE 22 PLANT PROTEIN MARKET SIZE FOR PEA, BY REGION, 20182026 (KT)
7.5 OTHER SOURCES
TABLE 23 PLANT-BASED PROTEIN MARKET SIZE FOR OTHER SOURCES, BY REGION, 20182026 (USD MILLION)
8 PLANT-BASED PROTEIN MARKET, BY APPLICATION (Page No. - 84)
8.1 INTRODUCTION
FIGURE 41 MARKET SIZE FOR PLANT-BASED PROTEIN, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
TABLE 24 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 20182026 (USD MILLION)
TABLE 25 SOY-BASED PROTEIN MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 26 WHEAT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
TABLE 27 PEA-BASED PROTEIN MARKET SIZE, BY APPLICATION, 20182026 (USD MILLION)
8.1.1 COVID-19 IMPACT ON THE PLANT-BASED PROTEIN MARKET, BY APPLICATION (20182021)
TABLE 28 PESSIMISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY APPLICATION, 20182021 (USD MILLION)
TABLE 29 REALISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY APPLICATION, 20182021 (USD MILLION)
TABLE 30 OPTIMISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY APPLICATION, 20182021 (USD MILLION)
8.2 FOOD
8.2.1 INNOVATIVE FOOD PRODUCTS AND VEGAN TRENDS TO SUPPORT THE GROWTH OF FOOD APPLICATIONS
TABLE 31 MARKET SIZE IN FOOD, BY SOURCE, 20182026 (USD MILLION)
TABLE 32 MARKET SIZE IN FOOD, BY APPLICATION, 20182026 (USD MILLION)
8.2.2 MEAT ALTERNATIVES
8.2.3 DAIRY ALTERNATIVES
8.2.4 BAKERY PRODUCTS
8.2.5 PERFORMANCE NUTRITION
8.2.6 CONVENIENCE FOODS
8.2.7 OTHER FOOD APPLICATIONS
8.3 FEED
8.3.1 MEAT PRODUCTION TO DRIVE THE DEMAND FOR PLANT-BASED PROTEINS IN FEED APPLICATIONS
TABLE 33 MARKET SIZE IN FEED, BY SOURCE, 20182026 (USD MILLION)
9 PLANT-BASED PROTEIN, BY FORM (Page No. - 92)
9.1 INTRODUCTION
FIGURE 42 MARKET SIZE FOR PLANT-BASED PROTEIN, BY FORM, 2020 VS. 2026 (USD MILLION)
TABLE 34 PLANT PROTEIN MARKET SIZE, BY FORM, 20182026 (USD MILLION)
9.1.1 COVID-19 IMPACT ON THE PLANT-BASED PROTEIN, BY FORM, 20182021
TABLE 35 PESSIMISTIC SCENARIO: PLANT PROTEIN MARKET SIZE, BY FORM, 20182021 (USD MILLION)
TABLE 36 REALISTIC SCENARIO: PLANT PROTEIN MARKET SIZE, BY FORM, 20182021 (USD MILLION)
TABLE 37 OPTIMISTIC SCENARIO: PLANT PROTEIN MARKET SIZE, BY FORM, 20182021 (USD MILLION)
9.2 DRY
9.2.1 INCREASE IN THE USE OF DRY PROTEIN PRODUCTS IN A WIDE RANGE OF APPLICATIONS IS PROJECTED TO DRIVE ITS MARKET GROWTH
TABLE 38 DRY PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 20182026 (USD MILLION)
9.3 LIQUID
9.3.1 WIDESPREAD ADAPTABILITY AND EASE IN PROCESSING DRIVES THE DEMAND FOR LIQUID PROCESSING OF PLANT PROTEINS
TABLE 39 LIQUID PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 20182026 (USD MILLION)
10 PLANT-BASED PROTEIN MARKET, BY TYPE (Page No. - 97)
10.1 INTRODUCTION
FIGURE 43 MARKET SIZE FOR PLANT-BASED PROTEIN, BY TYPE, 2020 VS. 2026 (USD MILLION)
TABLE 40 MARKET SHARE, BY TYPE, 20182026 (USD MILLION)
10.1.1 COVID-19 IMPACT ON THE PLANT-BASED PROTEIN MARKET, BY TYPE, 20182021
TABLE 41 PESSIMISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEINSIZE, BY TYPE, 20182021 (USD MILLION)
TABLE 42 REALISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY TYPE, 20182021 (USD MILLION)
TABLE 43 OPTIMISTIC SCENARIO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY TYPE, 20182021 (USD MILLION)
10.2 ISOLATES
10.2.1 INCLUSION OF PLANT PROTEIN CONCENTRATES IN INFANT NUTRITION TO DRIVE THE MARKET GROWTH
TABLE 44 PLANT-BASED PROTEIN ISOLATES MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
10.3 CONCENTRATES
10.3.1 RISE IN CONSUMPTION OF HEALTH-ENRICHING BAKED FOOD PRODUCTS AND SNACKS IS PROJECTED TO DRIVE THE MARKET GROWTH FOR PLANT PROTEIN ISOLATES
TABLE 45 PLANT-BASED PROTEIN CONCENTRATES MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
10.4 TEXTURED PROTEIN
10.4.1 INCREASE IN CONSUMPTION OF PLANT-BASED MEAT PRODUCTS IS PROJECTED TO DRIVE THE MARKET GROWTH FOR TEXTURED PROTEIN
TABLE 46 PLANT-BASED TEXTURED PROTEIN MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
11 PLANT-BASED PROTEIN MARKET, BY REGION (Page No. - 103)
11.1 INTRODUCTION
TABLE 47 GLOBAL MARKET SIZE, BY REGION, 20182026 (USD MILLION)
FIGURE 44 JAPAN TO RECORD THE FASTEST GROWTH IN THE MARKET DURING THE FORECAST PERIOD
11.2 COVID-19 IMPACT ON THE PLANT-BASED PROTEIN MARKET, BY REGION (20182021)
TABLE 48 PESSIMISTIC SCENARIO: GLOBAL MARKET SIZE, BY REGION, 20182021 (USD MILLION)
TABLE 49 REALISTIC SCENARIO: GLOBAL MARKET SIZE, BY REGION, 20182021 (USD MILLION)
TABLE 50 OPTIMISTIC SCENARIO: GLOBAL MARKET SIZE, BY REGION, 20182021 (USD MILLION)
11.3 NORTH AMERICA
11.3.1 AVERAGE PRICE OF PLANT-BASED PROTEIN SOURCES
TABLE 51 NORTH AMERICA: AVERAGE PRICE, BY PROTEIN SOURCE, 20162018 (USD/KG)
11.3.2 REGULATORY FRAMEWORK
11.3.3 INTRODUCTION
FIGURE 45 NORTH AMERICA: REGIONAL SNAPSHOT, 2019
TABLE 52 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 53 NORTH AMERICA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
TABLE 54 NORTH AMERICA: SOY-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 55 NORTH AMERICA: WHEAT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 56 NORTH AMERICA: PEA-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 57 NORTH AMERICA: OTHER SOURCES MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
11.3.4 US
11.3.4.1 Large manufacturing and processing base to drive the market growth
TABLE 58 US: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
11.3.5 CANADA
11.3.5.1 Favorable policies and investments to propel strong growth in the Canadian plant-based protein market
TABLE 59 CANADA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.3.6 MEXICO
11.3.6.1 Changing consumer preferences and dependence on imports supplementing the market growth
TABLE 60 MEXICO: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4 EUROPE
11.4.1 AVERAGE PRICE OF PLANT-BASED PROTEIN SOURCES
TABLE 61 EUROPE: AVERAGE PRICE, BY SOURCE, 2016-2018 (USD/KG)
11.4.2 REGULATORY FRAMEWORK
11.4.3 INTRODUCTION
FIGURE 46 TOP TEN COUNTRIES WITH THE LARGEST SHARE OF VEGAN NEW PRODUCT LAUNCHES, 2018
FIGURE 47 GREENHOUSE GAS EMISSIONS FROM AVERAGE FOOD CONSUMPTION
TABLE 62 EUROPE: MARKET SIZE FOR PLANT-BASED PROTEIN, BY COUNTRY, 20182026 (USD MILLION)
TABLE 63 EUROPE: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
TABLE 64 EUROPE: SOY-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 65 EUROPE: WHEAT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 66 EUROPE: PEA-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 67 EUROPE: OTHER SOURCES MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
11.4.4 FRANCE
11.4.4.1 Pea production and processing upgrades driving the French revolution in plant-based proteins
TABLE 68 FRANCE: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.5 UK
11.4.5.1 Growing vegan population and manufacturer base driving the demand for plant-based proteins
TABLE 69 UK: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.6 GERMANY
11.4.6.1 Industrial applications and consumers aid the demand for plant-based alternatives
TABLE 70 GERMANY: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.7 SPAIN
11.4.7.1 Improvements in agricultural infrastructure to support the production of plant-based proteins
TABLE 71 SPAIN: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.8 NETHERLANDS
11.4.8.1 Strong export base and presence of manufacturing units
TABLE 72 NETHERLANDS: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.9 ITALY
11.4.9.1 Changing consumer preferences from conventional to plant-based sources supporting the growth
TABLE 73 ITALY: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.10 BELGIUM
11.4.10.1 Export access and growing processing capacities propelling the growth of the plant-based proteins market
TABLE 74 BELGIUM: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.4.11 REST OF EUROPE
TABLE 75 REST OF EUROPE: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.5 ASIA PACIFIC
11.5.1 ASIA PACIFIC: AVERAGE PRICE OF PLANT-BASED PROTEIN SOURCES
TABLE 76 ASIA PACIFIC: AVERAGE PRICE, BY SOURCE, 20162018 (USD/KG)
11.5.2 REGULATORY FRAMEWORK
11.5.3 INTRODUCTION
FIGURE 48 REGIONAL SNAPSHOT: ASIA PACIFIC, 2019
TABLE 77 ASIA PACIFIC: MARKET SIZE FOR PLANT-BASED PROTEIN, BY COUNTRY/REGION, 20182026 (USD MILLION)
TABLE 78 ASIA PACIFIC: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
TABLE 79 ASIA PACIFIC: SOY-BASED PROTEIN MARKET SIZE, BY COUNTRY/REGION, 20182026 (USD MILLION)
TABLE 80 ASIA PACIFIC: WHEAT-BASED PROTEIN MARKET SIZE, BY COUNTRY/REGION, 20182026 (USD MILLION)
TABLE 81 ASIA PACIFIC: PEA-BASED PROTEIN MARKET SIZE, BY COUNTRY/REGION, 20182026 (USD MILLION)
TABLE 82 ASIA PACIFIC: OTHER SOURCES MARKET SIZE, BY COUNTRY/REGION, 20182026 (USD MILLION)
11.5.4 CHINA
11.5.4.1 Industrial and consumer base driving the paradigm shift for plant-based proteins
TABLE 83 CHINA: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 20182026 (USD MILLION)
11.5.5 INDIA
11.5.5.1 Changing dietary preferences among consumers stimulating the growth of plant-based proteins
TABLE 84 INDIA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.5.6 JAPAN
11.5.6.1 Health concerns and geriatric population to drive the demand for plant-based protein products
TABLE 85 JAPAN: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.5.7 AUSTRALIA & NEW ZEALAND
11.5.7.1 Sustainability concerns and vegan trends driving plant-based protein acceptance
TABLE 86 AUSTRALIA & NEW ZEALAND: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.5.8 REST OF ASIA PACIFIC
TABLE 87 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 20182026 (USD MILLION)
11.6 SOUTH AMERICA
11.6.1 AVERAGE PRICE OF MAJOR PLANT-BASED PROTEIN SOURCES
TABLE 88 SOUTH AMERICA: AVERAGE PRICE OF PLANT-BASED PROTEIN, BY SOURCE, 2016-2018 (USD/KG)
TABLE 89 SOUTH AMERICA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY COUNTRY, 20182026 (USD MILLION)
TABLE 90 SOUTH AMERICA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
TABLE 91 SOUTH AMERICA: SOY-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 92 SOUTH AMERICA: WHEAT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 93 SOUTH AMERICA: PEA-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 94 SOUTH AMERICA: OTHER SOURCES MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
11.6.2 BRAZIL
11.6.2.1 Strong agricultural outputs and exports propelling the growth of the Brazilian plant-based protein market
TABLE 95 BRAZIL: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.6.3 ARGENTINA
11.6.3.1 Imports driven by consumers to influence the Argentinian market growth for plant-based proteins
TABLE 96 ARGENTINA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.6.4 REST OF SOUTH AMERICA
TABLE 97 REST OF SOUTH AMERICA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.7 REST OF THE WORLD
TABLE 98 ROW: MARKET SIZE FOR PLANT-BASED PROTEIN, BY REGION, 20182026 (USD MILLION)
TABLE 99 ROW: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
TABLE 100 ROW: SOY-BASED PROTEIN MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
TABLE 101 ROW: WHEAT-BASED PROTEIN MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 102 ROW: PEA-BASED PROTEIN MARKET SIZE, BY REGION, 20182026 (USD MILLION)
TABLE 103 ROW: OTHER SOURCES MARKET SIZE, BY COUNTRY, 20182026 (USD MILLION)
11.7.1 MIDDLE EAST
11.7.1.1 Demand for functional foods and nutrition products encourages the dominance for the plant-based proteins market in the region
TABLE 104 MIDDLE EAST: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
11.7.2 AFRICA
11.7.2.1 Favorable production conditions and agricultural support to favor the growth of the market
TABLE 105 AFRICA: MARKET SIZE FOR PLANT-BASED PROTEIN, BY SOURCE, 20182026 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 147)
12.1 OVERVIEW
12.2 MARKET EVALUATION FRAMEWORK
FIGURE 49 MARKET EVALUATION FRAMEWORK, 20182020
12.3 MARKET SHARE ANALYSIS
FIGURE 50 MARKET SHARE ANALYSIS OF MAJOR PLANT-BASED PROTEIN PLAYERS, 2019
12.4 COMPANY EVALUATION QUADRANT, 2019 (KEY PLAYERS)
12.4.1 STARS
12.4.2 EMERGING LEADERS
12.4.3 PERVASIVE PLAYERS
12.4.4 PARTICIPANTS
FIGURE 51 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION QUADRANT, 2019 (KEY PLAYERS)
12.5 PRODUCT FOOTPRINT
TABLE 106 MARKET FOR PLANT-BASED PROTEIN : COMPANY SOURCE FOOTPRINT
TABLE 107 MARKET FOR PLANT-BASED PROTEIN : COMPANY TYPE FOOTPRINT
TABLE 108 MARKET FOR PLANT-BASED PROTEIN : COMPANY APPLICATION FOOTPRINT
TABLE 109 MARKET FOR PLANT-BASED PROTEIN : COMPANY REGIONAL FOOTPRINT
12.6 COMPANY EVALUATION QUADRANT (OTHER PLAYERS)
12.6.1 PROGRESSIVE COMPANIES
12.6.2 STARTING BLOCKS
12.6.3 RESPONSIVE COMPANIES
12.6.4 DYNAMIC COMPANIES
FIGURE 52 MARKET FOR PLANT-BASED PROTEIN : COMPETITIVE LEADERSHIP MAPPING FOR STARTUP/SME, 2019
12.7 COMPETITIVE SCENARIO
12.7.1 EXPANSIONS & INVESTMENTS
TABLE 110 EXPANSIONS & INVESTMENTS, 20172020
12.7.2 AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
TABLE 111 AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 20182020
12.7.3 NEW PRODUCT LAUNCHES
TABLE 112 NEW PRODUCT LAUNCHES, 2019
12.7.4 ACQUISITIONS, MERGERS, AND JOINT VENTURES
TABLE 113 ACQUISITIONS, MERGERS, AND JOINT VENTURES, 20182019
13 COMPANY PROFILES (Page No. - 158)
13.1 OVERVIEW
(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*
13.2 KEY COMPANIES
13.2.1 ARCHER DANIELS MIDLAND (ADM)
FIGURE 53 ARCHER DANIELS MIDLAND (ADM): COMPANY SNAPSHOT
13.2.2 CARGILL
FIGURE 54 CARGILL: COMPANY SNAPSHOT
13.2.3 DUPONT
FIGURE 55 DUPONT: COMPANY SNAPSHOT
13.2.4 WILMAR INTERNATIONAL
FIGURE 56 WILMAR INTERNATIONAL: COMPANY SNAPSHOT
13.2.5 ROQUETTE FRศRES
FIGURE 57 ROQUETTE FRศRES: COMPANY SNAPSHOT
13.2.6 GLANBIA
FIGURE 58 GLANBIA: COMPANY SNAPSHOT
13.2.7 KERRY GROUP
FIGURE 59 KERRY GROUP: COMPANY SNAPSHOT
13.2.8 DSM
FIGURE 60 DSM: COMPANY SNAPSHOT
13.2.9 INGREDION
FIGURE 61 INGREDION: COMPANY SNAPSHOT
13.2.10 EMSLAND GROUP
FIGURE 62 EMSLAND GROUP: COMPANY SNAPSHOT
13.2.11 PURIS
13.2.12 COSUCRA GROUPE
13.2.13 BATORY FOODS
13.2.14 BURCON NUTRASCIENCE
FIGURE 63 BURCON NUTRASCIENCE: COMPANY SNAPSHOT
13.2.15 SOTEXPRO
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS
13.3.1 AGT FOOD & INGREDIENTS
13.3.2 AXIOM FOODS
13.3.3 PROLUPIN GMBH
13.3.4 AMINOLA
13.3.5 HERBLINK BIOTECH CORPORATION
13.3.6 BENEO
13.3.7 ET CHEM
13.3.8 SHANDONG JIANYUAN GROUP
13.3.9 THE GREEN LABS LLC
13.3.10 PARABEL
14 ADJACENT AND RELATED MARKETS (Page No. - 202)
14.1 PEA PROTEIN MARKET
14.1.1 MARKET DEFINITION
14.1.2 MARKET OVERVIEW
FIGURE 64 PEA PROTEIN MARKET SIZE, 20182025 (USD MILLION)
TABLE 114 PEA PROTEIN MARKET SIZE, BY REGION, 20182025 (USD MILLION)
14.2 TEXTURED VEGETABLE PROTEIN MARKET
14.2.1 MARKET DEFINITION
14.2.2 MARKET OVERVIEW
FIGURE 65 TEXTURED VEGETABLE PROTEIN MARKET SIZE, 20182025 (USD MILLION)
TABLE 115 TEXTURED VEGETABLE PROTEIN MARKET SIZE, BY REGION, 20182025 (USD MILLION)
14.3 MILK PROTEIN MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
FIGURE 66 MILK PROTEIN MARKET SIZE, 20152022 (USD MILLION)
TABLE 116 MILK PROTEIN MARKET SIZE, BY REGION, 20152022 (USD MILLION)
15 APPENDIX (Page No. - 207)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL:
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involved four major steps in estimating the size of the plant-based protein market. Exhaustive secondary research was done to collect information on the market as well as the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various sources such as the United States Department for Agriculture (USDA), Good Food Institute (GFI), and European Vegetable Protein Association (EUVEPRO) were some of the organizations that were referred to identify and collect information for this study. The secondary sources also include clinical studies and journals, press releases, investor presentations of companies, white papers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.
Secondary research was conducted mainly to obtain key information about the industrys supply chain, the total pool of key players, and market classification & segmentation according to the industry trends to the bottom-most level, and geographical markets. It was also used to obtain information about the key developments from a market-oriented perspective.
Primary Research
The overall market comprises several stakeholders in the supply chain, which include suppliers, manufacturers, importers, traders, distributors, and exporters. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders; executives; vice presidents; and CEOs in food & beverages, feed, and dietary supplements industry. The primary sources from the supply side include research institutions involved in R&D, key opinion leaders, and plant-based protein suppliers, and manufacturers.
Given below is the breakdown of the primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size include the following:
- The key players were identified through extensive primary and secondary research.
- The value chain and market size of the plant-based protein market, in terms of value and volume, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The research included the study of reports, reviews, newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.
Data Triangulation
After arriving at the overall market size from the estimation process described above, the total market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated using both top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adoptedtop-down approach, bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points matches, the data is assumed to be correct.
Report Objectives
- To describe and forecast the plant-based protein market, in terms of type, source, application, form, and region
- To describe and forecast the plant-based protein market, in terms of value, by regionNorth America, Europe, Asia Pacific, South America, and the Rest of the Worldalong with their respective countries
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
- To study the complete value chain of the plant-based protein market
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the plant-based protein market
- To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with details on the competitive landscape of market leaders
- To analyze strategic approaches, such as expansions & investments, product launches & approvals, mergers & acquisitions, and agreements, in the plant-based pr
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:
Product Analysis
- Product Matrix; which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
- Further breakdown of the Rest of European market into Russia, Hungary, and Denmark
- Further breakdown of the Rest of Asia Pacific market into the Philippines, Malaysia, Singapore, Indonesia, Thailand, Vietnam, and South Korea
Company Information
- Detailed analysis and profiling of additional market players (up to five)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Plant-based Protein Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Plant-based Protein Market
Interested in plant-based protein market growth estimates and growth opportunities in North American region along with APAC as well.
Great information! Thank you!