Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
United States is still one of the major suppliers of plant protein. There are enough raw materials like soybean, wheat and corn in United States. The biggest companies like Du Pont and ADM are located in United Stated and they have established many branches around the world.
With the huge amount of population, the demand of plant protein is with large potential in China. After decades of development, Chinese plant protein manufacturers have got mature technology. But the performance of product is still has a gap with foreign products.
The plant protein production in China is estimated to surpass United States in future, due to the large investment of Chinese enterprises in recent years. But the utilization in China is still low than USA and Europe. It is clear that Chinese manufacturers will provide more products to the world.
According to this study, over the next five years the Plant Protein market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 6090 million by 2024, from US$ 4530 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Plant Protein business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Plant Protein market by product type, application, key manufacturers and key regions and countries.
This study considers the Plant Protein value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Soy Protein
Wheat Protein
Pea Protein
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food & Beverages
Pharmaceuticals & Personal Care
Animal Feed
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Plant Protein consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Plant Protein market by identifying its various subsegments.
Focuses on the key global Plant Protein manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Plant Protein with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Plant Protein submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
