Plant Protein Ingredients Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Plant protein ingredient are produced from different crops such as canola, pea, wheat and soy. These ingredients are widely used in the different applications such as dietary supplements, paper, printing inks, paints, fertilizers and others. A wide range of plant protein ingredients such as soluble, insoluble, textural and functional forma are produced for varied usage. These plant based protein ingredients are suitable for dairy like product processing and some of them possess a creamy texture. The rising vegan population supports the demand for plant protein ingredients market.

MARKET DYNAMICS

The adoption of veganism and increasing animal welfare drives the growth of plant protein ingredients market. Besides this, the shift in trends towards daily health regimes and huge demand for dietary supplements also drives the market growth. However, high raw material costs and supply deficit may restrict the fruitful development of the pea protein ingredients market. The supporting approvals from the FDA regarding protein health claims and rising awareness about the benefits associated with plant protein ingredients are expected to bolster well the demand for plant protein ingredients in the near future.

MARKET SCOPE

The "Global Plant Protein Ingredients Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the plant protein ingredients market with detailed market segmentation by product type, application and geography. The global plant protein ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plant protein ingredients market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global plant protein ingredients market is segmented on the basis of product type and application. On the basis of product, the plant protein ingredients market is segmented into wheat, soy, pea, rice and others. The plant protein ingredients market on the basis of application is broken into sports nutrition, clinical nutrients, bakery, fortified food & beverages, functional food & beverages and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plant protein ingredients market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The plant protein ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the plant protein ingredients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the plant protein ingredients market in these regions.

MARKET PLAYERS

The reports cover key developments in the plant protein ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from plant protein ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for plant protein ingredients market in the global market. Below mentioned is the list of few companies engaged in the plant protein ingredients market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food binders. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   A & B Ingredients Inc.
  
•   Axiom Food Incorporation
  
•   Cargill Incorporated
  
•   DuPont de Nemours, Inc.
  
•   FrieslandCampina Ingredients
  
•   Glanbia Nutritionals Inc.
  
•   Greenleaf Foods
  
•   Kerry Group Plc
  
•   Omega Protein Corporation
  
•   Roquette
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Plant Protein Ingredients Report Scope