The Plant Based Proteins Market has been gaining significant traction in recent years due to the increasing consumer demand for sustainable and healthy food choices. Plant based proteins are derived from sources such as soy, pea, rice, wheat, and other vegetables and are a rich source of essential amino acids required for the growth and repair of muscles. With the rise of veganism and flexitarianism, the demand for plant based proteins has been on the rise, as they offer an ethical and sustainable alternative to animal-based proteins.
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One of the key drivers of the plant based proteins market is the increasing health consciousness among consumers. Plant based proteins are rich in fiber, low in saturated fats, and have been linked to numerous health benefits such as reduced risk of heart disease, diabetes, and certain types of cancer. Additionally, the growing concerns over animal welfare and environmental sustainability are further fueling the demand for plant based proteins.
Another major driver of the plant based proteins market is the increasing number of product launches by food and beverage manufacturers. Companies are investing heavily in research and development to create innovative plant based protein products that offer a similar taste and texture to traditional meat products. This has resulted in a wider range of plant based protein options in the market, which is expected to drive the market growth.
Despite the growing demand for plant based proteins, there are several challenges that are hindering the market growth. One of the key challenges is the high cost of plant based proteins compared to animal-based proteins. This is due to the high production and processing costs associated with plant based proteins. Another major challenge is the taste and texture of plant based proteins. While companies are investing in research and development to improve the taste and texture of plant based proteins, some consumers still prefer the taste of traditional meat products. This is expected to limit the growth of the plant based proteins market to some extent.
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List of Major Players in Plant Based Proteins Market Report are:
- Emsland Group
- ETChems
- Glanbia plc
- Ingredion Incorporated.
- Kerry
- NOW Foods
- Parabel Nutrition
- PURIS
- Roquette Frères
- Tate & Lyle
- The Green Labs LLC
- Other Market Participants
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Our 420+ Pages Report titled, Plant Based Proteins Market will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
- Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2030)
- (Historic Years: 2015 – 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030)
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19 on Global Plant Based Proteins Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Regulatory Landscape
- PESTEL Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- (Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives)
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
- Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
- The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Plant Based Proteins Market Segmentation:
By Type
- Pea
- Chia
- HempSeeds
- Lentils
- Caesin
- Rice
- Wheat
- Chickpea
- Potato
- Soy
- SachaInch
- NutritionalYeast
- Quinoa
- PumpkinSeed
- Others
By Composition
- Organic
- Conventional
By Applications
- Food
- Meat, eggs Alternatives
- Dairy Products
- Bakery and Confectionary
- Spreads
- Sauces and Seasonings
- Baby Food
- Others
- Beverages
- Instant powder drinks
- Functional waters
- Sports beverages
- Ready-to-Drink Beverages
- Dry Blended Beverages
- Others
- Animal Nutrition
- Pet food
- Aqua feed
- Pig feed
- Ruminant feed
- Poultry feed
- Health and Nutrition
- Sports Nutrition
- Pharmaceuticals
- Others
By Sales Channel
- Online
- Offline
- Supermarkets/Hypermarkets
- Specialty Stores
- Others
By Form
- Isolates
- Concentrates (Protein Powder)
- Hydrolysates
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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