Vegetable Protein Market to Reach $17.77 Billion, Globally, by 2030 at 6.2% CAGR: IMR Report

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Vegetable Protein Market Size Was Valued at USD 10.98 Billion in 2023, and is Projected to Reach USD 17.77 Billion by 2030, Growing at a CAGR of 6.2% From 2023-2030.

The Vegetable Protein Market encompasses various products and ingredients, including soy protein, pea protein, wheat protein, rice protein, and other plant-based protein sources. These proteins are available in various forms such as isolates, concentrates, textured proteins, hydrolysates, and blends, catering to diverse applications in food manufacturing, bakery products, snacks, meat alternatives, beverages, and nutritional supplements. Vegetable proteins, derived from plant sources such as soybeans, peas, beans, lentils, chickpeas, quinoa, and hemp, offer nutritional benefits, environmental sustainability, and versatility in a wide range of food and beverage applications.

 

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Top Key Players of Vegetable Protein Market:

DuPont Industrial Biosciences (USA), Ingredion Incorporated (USA), Archer Daniels Midland (ADM) (USA), Bunge Limited (USA), Cargill, Inc.(USA), Conagra Brands, Inc. (USA), Beyond Meat, Inc. (USA), Impossible Foods Inc. (USA), Hain Celestial Group, Inc. (USA), Mondelez International, Inc. (USA), Blue Diamond Growers (USA), SunFood Superfoods Inc. (USA), Axiom Foods, Inc. (USA), Amy's Kitchen Inc. (USA), Evonik Industries (Germany), Kerry Group plc (Ireland), Roquette Frères (France), Aarkay Foods Proteins Ltd. (India), Burcon NutraScience Inc. (Canada), Olam International Ltd. (Singapore), AND Other Major Players.

 

The latest research on the Vegetable Protein market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the Vegetable Protein industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Vegetable Protein market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

 

Driver: Health and Wellness Trends:

Vegetable Protein Market is the growing focus on health and wellness among consumers, leading to a shift towards plant-based diets and increased consumption of vegetable protein-rich foods. Research linking excessive meat consumption to various health risks, including heart disease, obesity, diabetes, and cancer, has prompted consumers to seek alternatives to animal-based proteins that offer similar nutritional benefits without the associated health risks.

 

Vegetable proteins provide a healthy and sustainable source of protein that is rich in essential nutrients such as amino acids, fiber, vitamins, and minerals while being lower in saturated fat, cholesterol, and calories compared to animal-derived proteins. Plant-based diets have been associated with various health benefits, including improved heart health, weight management, digestion, and overall well-being, leading to growing interest in incorporating more plant-based foods into daily diets.

 

Vegetable Protein Market Segmentation:

By Source

  • Soy
  • Peas
  • Wheat
  • Rice
  • Corn
  • Potato

 

By Type

  • Protein Concentrates
  • Protein Isolates
  • Textured Vegetable Protein

 

By Form

  • Dry
  • Liquid

 

By Application

  • Food and beverages
  • Dietary Supplements
  • Feed
  • Bakery Products

 

By End-User

  • Retail
  • Food Service
  • Industrial

 

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

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Here's why you should consider investing in this report:

  • Comprehensive Analysis: Get a deep dive into the market with both qualitative and quantitative insights, covering various economic and non-economic factors.

 

  • Growth Opportunities: Identify rapidly growing regions and segments poised to dominate the market, helping you pinpoint potential areas for investment.

 

  • Regional Analysis: Understand consumption patterns and market influencers in different regions, aiding in strategic decision-making.

 

  • Competitive Landscape: Gain valuable insights into major players, recent activities like launches, partnerships, expansions, and acquisitions, empowering you to stay ahead.

 

  • Detailed Company Profiles: Access comprehensive profiles of key market players, including overviews, insights, product comparisons, and SWOT analyses, aiding in competitor analysis.

 

  • Future Outlook: Benefit from insights into recent developments, growth opportunities, drivers, challenges, and constraints, offering perspectives on both emerging and developed regions.

 

About us:

Introspective Market Research (introspectiveMarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the Market. Our team at IMR is ready to assist our clients in flourishing their business by offering strategies to gain success and monopoly in their respective fields. We are a global Market research company, specializing in using big data and advanced analytics to show the bigger picture of the Market trends. We help our clients to think differently and build a better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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