Understanding
several aspects of the global plant-based proteins market,
Persistence Market Research has presented a well organised analysis
on the various trends, challenges, opportunities, growth drivers and
restraints impacting the global market in its new research report
titled “Plant-Based
Proteins Market: Global Industry Analysis (2012-2016) and
Forecast (2017-2025)”. Several facets of the global market are
analysed across important regions of North America, Latin America,
Europe, Asia Pacific and Middle East and Africa. An exhaustive
analysis of plant-based proteins market covers several aspects that
can be used to achieve strategic advantage, such as, competitive
landscape, in-depth segmental analysis in different regions and
detailed forecast projections with respect to value and volume across
all segments for a period of eight years, from 2017 to 2025.
Global
Plant-Based Proteins Market: Forecast Highlights
According
to the research study by Persistence Market Research, the global
plant based proteins market is witnessing high growth in the coming
years. It is poised to register a robust CAGR of 5.7% throughout the
period of forecast 2017-2025. In 2017, the global market was viewed
at US$ 10.5 Bn and with this growth rate, it is estimated to reach a
value of around US$ 16.3 Bn by the end of 2025.
Global
Plant-Based Proteins Market: Segmental Snapshot
The
global plant based proteins market is segmented by product type (soy
protein, wheat protein, pea protein and others), by form (isolate,
concentrate and others), by application (supplements and nutritional
powders, beverages, protein and nutritional bars, bakery and snacks,
breakfast cereals, meat products, dairy products, infant nutrition,
animal feed and others) and by region.
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more information on this report, fill the form @
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- Asia Pacific region to show high pace during the forecast period. This region is poised to register the highest CAGR of 6.3% during the 2017-225 period. North America leads the global market with respect to high market value by 2025. This trend by North America region has been observed since 2012
- Meat products segment by application is poised to register a high value CAGR of 6.6% throughout the period of forecast. The animal feed segment is likely to dominate the global market as it is estimated to show high market value of US$ 4590.7 Mn in 2025, followed by meat products segment which is poised to reach a valuation of US$ 4.1 Bn by 2025, thus portraying a high potential
- Concentrates segment by form is the largest segment. It is expected to reflect a high market value of US$ 8.6 Bn in 2025 and grows at a steady CAGR during the forecast period
- Soy proteins segment by product type to lead the global market with respect to market share. Pea proteins highly potential segment, shows fastest pace to register a CAGR of 7.0% during the forecast period
Global
Plant-Based Proteins Market: Dynamics
As
per market scrutiny, the global plant-based proteins market is
currently witnessing a growth push as well as a pull. The push
strength is higher facilitating steady market growth in the coming
years. Aspects such as rising consumer awareness towards preventive
healthcare, healthy aging, clean labelling, rising demand for
fortified foods, rising penetration of organic food in various
regional markets, consumer preference more towards healthy food
products, awareness regarding soy proteins that reduce effects of
fatty liver disease, increasing use of soy proteins in sports
nutrition, high penetration of e-commerce resulting in quick
availability of plant based proteins thus increasing sales, high
consumption of allergen free pea proteins, rising obesity rate
driving high consumption of plant based proteins, plant based
proteins being easier to digest than animal proteins can be used by
any age group and the trend of on- the-go-healthy foods are driving
the growth of the global plant-based proteins market. Pulling aspects
such as imbalance in grain supply, volatile pricing, technical
difficulties in producing raw material as well as difficulties in
processing end products and negative publicity and false claims are
posing challenges to the growth of the global plant based proteins
market.
Global
Plant-Based Proteins Market: Competitive Scenario
The
global plant-based proteins market covers a detailed study on various
key players involved in the market. Companies such as Glanbia plc.,
E. I. DU PONT DE NEMOURS AND COMPANY, ROQUETTE FRERES, Archer-Daniels
Midland Co., Cargill Inc., Burcon Nutrascience Corporation, Cosucra
Groupe Warcoing, AGT Food & Ingredients, Inc., Ingredion Inc.,
CHS Inc., The Scoular Company, Fuji Oil Holdings Inc., Wilmar
International Ltd., Batory Foods, Devansoy Inc., Crown Soya Protein
Group, Shandong Yuwang Ecological Food Industry Co., Ltd., Gushen
Group Co., Ltd., Biopress S.A.S and Ag Processing Inc., are profiled
in the research report.
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