Data Bridge Market Research analyses that the global plant based protein market which was USD 11.50 billion in 2022, is expected to reach USD 18.89 billion by 2030, growing at a CAGR of 6.40% during the forecast period of 2023 to 2030. In 2023, the food & beverages segment will dominate the market due to the increased number of health-conscious consumers. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

The plant-based protein supplements market growth is fuelled by several key factors. Primarily, the increasing health consciousness among consumers plays a significant role. With more people recognising the benefits of plant-based diets for health, weight management, and disease prevention, there is a growing demand for plant-based protein products.

Another significant driver boosting the plant-based protein supplements market demand is the ethical and environmental concerns associated with animal farming. The plant-based movement is not only about personal health but also about the wellbeing of animals and the planet. Plant-based protein supplements offer a more sustainable and ethical alternative to animal-derived proteins, aligning with the values of environmentally conscious consumers.

Moreover, the advancements in food technology have led to significant improvements in the taste, texture, and nutritional profile of plant-based protein supplements, making them more appealing to a broader audience.

The market caters to a wide range of consumers, including athletes, fitness enthusiasts, and individuals seeking healthy lifestyle choices. According to the plant-based protein supplements market analysis, these supplements are increasingly being incorporated into various dietary regimes, from casual fitness diets to professional athlete nutrition plans.

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The global plant based protein market is segmented on the basis of source, protein concentration, level of hydrolisation, form, nature, function and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

Protein Concentration

  • Concentrate
  • Isolate
  • Hydrolysate

Level of Hydrolisation

  • Intact
  • Mildly Hydrolized
  • Strongly Hydrolized

Form

  • Dry
  • Liquid

Nature

  • Organic
  • Conventional

Function

  • Solubility
  • Gelation
  • Emulsification
  • Water Binding
  • Foaming
  • Others

Application  

Highlight of Table of Content:

·        Chapter 1: Market overview

·        Chapter 2: Plant Based Protein Market analysis

·        Chapter 3: Regional analysis of the Plant Based Protein Market

·        Chapter 4: Market segmentation based on types and applications

·        Chapter 5: Revenue analysis based on types and applications

·        Chapter 6: Market share

·        Chapter 7: Competitive Landscape

·        Chapter 8: Drivers, Restraints, Challenges, and Opportunities

·        Chapter 9: Gross Margin and Price Analysis

 

Some of the major players operating in the global plant based protein market are:

  • DSM (Netherlands)
  • Sotexpro (France)
  • Batory Foods (U.S.)
  • Glanbia Plc (Ireland)
  • AGT Food and Ingredients (Canada)
  • Axiom Foods, Inc (U.S.)
  • Prolupin GmbH (Germany)
  • Yantai Shuangta Food co. LTD (China)
  • ADM (U.S.)
  • Wilmar International Ltd (Singapore)
  • COSCURA (Austria)
  • Emsland Group (Germany)
  • Cargill, Incorporated (U.S.)
  • DuPont (U.S.)
  • Ingredion Incorporated (U.S.)
  • Roquette Frères (France)
  • ET CHEM (Taiwan)
  • The Green Labs LLC (U.S.)
  • Shandong Jianyuan group (China)

Profound Questions Answered in this Report:

·       What is the growth rate of various stages in the value chain of the industry?

·       Which region has the highest growth rate and size of the emerging market by value in 2022?

·       Who are the competitive players in Plant Based Protein Market?

·       Which region has the largest share and degree of competition in the industry?

·       What is the CAGR of the market during the forecast period 2023 to 2030?

·       Which region is expected to hold the highest market share for the market?

·       What is the main driver of the Plant Based Protein Market?

·       What is sales volume, revenue, and price analysis of top players of the market?

·       What are the market opportunities and threats faced by the vendors in the industry?

·       What has been the impact of COVID-19 on the Plant Based Protein Market ?

 

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