Plant-Based Protein Market Expected to Witness the Highest Growth By 2027 | Archer Daniels Midland Company,Burcon Nutrascience Corporation,Cargill Incorporated,DowDuPont,Glanbia Plc

Plant proteins can be obtained from various plant sources, including soy, nuts, wheat, pea, seeds, among others. Various plant sources, including lentils, peanuts, chickpeas, almonds, quinoa, spirulina, and chia seed, can provide a high amount of proteins needed for the human body. Since plant proteins contain low calories, they can be consumed as a substituted for animal protein for weight loss. Rising demand for plant-based food, as well as growing consumer interest in high protein food, are some of the important factors propelling the demand for plant protein products globally. Moreover, the increasing adoption of vegan lifestyles by most of the population in developed countries is further anticipated to play a vital role in the demand for plant protein globally.

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Key Players:

  • Archer Daniels Midland Company
  • Burcon Nutrascience Corporation
  • Cargill Incorporated
  • DowDuPont
  • Glanbia Plc
  • Ingredion Incorporated
  • Kerry Group PLC
  • Royal DSM
  • Tate and Lyle
  • The Scoular Company

The plant-based protein market has witnessed significant growth owing to factors such as wider application in protein beverages, dairy alternatives, meat alternatives, protein bars, bakery products, nutrition supplements, sports nutrition, and others. Plant-based diets are rich in nutrients like protein, magnesium, potassium, and vitamins K and C, which can improve muscle and bone health in people of all ages. Also, plant protein contains sulfur amino acids and tryptophan. These nutrients help the body to make proteins and certain brain-signaling chemicals

The “Global Plant-Based Protein Market Analysis to 2027” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the plant-based protein market with detailed market segmentation by source, application, type, and geography. The global plant-based protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plant-based protein market players and offers key trends and opportunities in the market.

The global plant-based protein market is segmented on the basis of source, application, and type. On the basis of source, the plant-based protein market is segmented into soy, wheat, pea, and others. The plant-based protein market on the basis of the application is classified into protein beverages, dairy alternatives, meat alternatives, protein bars, bakery product, nutrition supplements, sports nutrition, and others. On the basis of type, global plant-based protein market is bifurcated into isolates, concentrates, and protein flour.

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Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Plant-Based Protein industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Major highlights of the report:

  • An all-inclusive evaluation of the parent market
  • The evolution of significant market aspects
  • Industry-wide investigation of market segments
  • Assessment of the market value and volume in the past, present, and forecast years
  • Market share evaluation
  • Study of niche industrial sectors
  • Tactical approaches of the market leaders
  • Lucrative strategies to help companies strengthen their position in the market.

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