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Plant Based Protein Market, By Type: (Soy Protein, Wheat Protein, Pea Protein, and Others), By Applications (Food and Beverages, Animal Feed, Nutrition & Health Supplements, and Others) Market - Growth, Future Prospects, Post COVID-19 Scenario 2021 - 2028

 Report Code
 Category
 Published Date
 Pages
 Format
MNR-1513
Agriculture
28 July 2021
250
PDF
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Plant protein in  simple words, we can say a food source of protein derived from plants. There are many plant sources which offer great source of protein, majorly including soya, pulses, tempeh, peas, tofu, seitan, nuts, seeds, and even certain grains. Plant proteins are a rich source of nutrients not only because of high protein content but also due to their high level of fibers, minerals and vitamins. Protein is considered a vital nutrient which helps healthy growth, maintenance and repair of human system. Furthermore, switching to plant protein over animal proteins can also help in reducing caloric intake and fuel everyday nutrient profile. These all factors have resulted in significant demand for plant protein. On the other hand, current COVID-19 pandemic conditions  moderately affected  growth of the market. Panic buys from healthy food material in pandemic period significantly increased the demand of plant proteins.

However, retail stores and other sale channels struggled to maintain the customers demand owing to shortage of plant protein products. The shortage of products mainly caused due to strict lockdowns imposed by several governments around the world and therefore, people purchasing things more than the requirement.

The global plant based protein market is classified based on type, and application. Based on the type, the global plant based protein market is categorized into soy, protein, wheat protein, pea protein, etc. The application segment is divided into food and beverages, animal feed, nutrition & health supplements, and others.
 
Some of the major players operating in the market include Archer Daniels Midland Company, Roquette Freres Le Romarin, Cargill, Inc., Ingredion Inc., Kerry Group, Tate & Lyle Plc, E.I. Dupont De Nemours and Company, Now Foods, Axiom Foods Inc., and Amco Proteins, etc.

Global Plant Based Protein Market, By Type
Based on the type, the global plant based protein market is bifurcated into the following
  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Others
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Plant Based Protein Value Share, By Type, 2019 & 2028(% Value)


In 2020, soy protein held the largest share of the market. Soy protein is widely used protein source worldwide owing to its large protein content, easy availability, and low cost. The segment is also expected to register rapid growth over the forecast period.

Global Plant Based Protein Market, By Application
Based on the application, the global plant based protein market is bifurcated into the following
  • Food and Beverages
  • Animal Feed
  • Nutrition & Health Supplements
  • Others
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Plant Based Protein Value Share, By Application, 2019 & 2028(% Value)


In 2020, nutrition & health supplements segment held the largest share of the market. High demand of plant protein in nutrition & health supplements owing to their benefits over animal source protein is contributing to the large share of the segment in the overall market.

Global Plant Based Protein Market, By Geography
Based on geography, the plant based protein market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

Plant Based Protein Value Share, By Geography, 2019 & 2028(% Value)


In 2020, Asia Pacific held the largest share of the market. Some of the key factors contributing to the high share of the market in this country include large customer base, presence of key market players, and increasing awareness regarding benefits of plant based protein.

Chapter 1    Preface
        1.1    Report Description
                1.1.1    Aim of the Report
                1.1.2    Report Target Audience
                1.1.3    Report Offering
        1.2    Research Scope
        1.3    Research Methodology
                1.3.1    Phase I – Secondary Research
                1.3.2    Phase II – Primary Research
                1.3.3    Phase III – Expert Panel Review
                1.3.4    Assumptions
                1.3.5    Top-Down and Bottom-Up Approach

Chapter 2    Executive Summary
        2.1    Market Snapshot: Global Plant-based Protein Market
        2.2    Global Plant-based Protein Market, By Type
        2.3    Global Plant-based Protein Market, By Application
        2.4    Global Plant-based Protein Market, By Geography

Chapter 3    Market Dynamics
        3.1    Product and Market Insights
                3.1.1    Global Plant-based Protein Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
        3.2    Market Dynamics
                3.2.1    Growth Drivers
                3.2.2    Market Restraints
                3.2.3    Impact Analysis of Drivers and Restraints
                3.2.4    COVID-19 Impact
        3.3    Attractive Investment Proposition
        3.4    Competitive Analysis
                3.4.1    Competitive Landscape in the Plant-based Protein Market

Chapter 4    Global Plant-based Protein Market Analysis, By Type
        4.1    Overview
        4.2    Soy Protein
                4.2.1    Global Soy Protein Market Value, 2018 – 2028, (US$ Mn)
        4.3    Wheat Protein
                4.3.1    Global Wheat Protein Market Value, 2018 – 2028, (US$ Mn)
        4.4    Pea Protein
                4.4.1    Global Pea Protein Market Value, 2018 – 2028, (US$ Mn)
        4.5    Others
                4.5.1    Global Others Market Value, 2018 – 2028, (US$ Mn)

Chapter 5    Global Plant-based Protein Market Analysis, By Application
        5.1    Overview
        5.2    Food and Beverages
                5.2.1    Global Food and Beverages Market Value, 2018 – 2028, (US$ Mn)
        5.3    Animal Feed
                5.3.1    Global Animal Feed Market Value, 2018 – 2028, (US$ Mn)
        5.4    Nutrition & Health Supplements
                5.4.1    Global Nutrition & Health Supplements Market Value, 2018 – 2028, (US$ Mn)
        5.5    Others
                5.5.1    Global Others Market Value, 2018 – 2028, (US$ Mn)

Chapter 6    North America Plant-based Protein Market Analysis
        6.1    Overview
        6.2    North America Plant-based Protein Market Analysis, By Type, 2018 – 2028
                6.2.1    Market Analysis
        6.3    North America Plant-based Protein Market Analysis, By Application, 2018 – 2028
                6.3.1    Market Analysis
        6.4    North America Plant-based Protein Market Analysis, By Country, 2018 – 2028
                6.4.1    Market Analysis
                6.4.2    U.S.
                6.4.3    Canada

Chapter 7    Europe Plant-based Protein Market Analysis
        7.1    Overview
        7.2    Europe Plant-based Protein Market Analysis, By Type, 2018 – 2028
                7.2.1    Market Analysis
        7.3    Europe Plant-based Protein Market Analysis, By Application, 2018 – 2028
                7.3.1    Market Analysis
        7.4    Europe Plant-based Protein Market Analysis, By Country, 2018 – 2028
                7.4.1    Market Analysis
                7.4.2    UK
                7.4.3    Germany
                7.4.4    France
                7.4.5    Rest of Europe

Chapter 8    Asia Pacific Plant-based Protein Market Analysis
        8.1    Overview
        8.2    Asia Pacific Plant-based Protein Market Analysis, By Type, 2018 – 2028
                8.2.1    Market Analysis
        8.3    Asia Pacific Plant-based Protein Market Analysis, By Application, 2018 – 2028
                8.3.1    Market Analysis
        8.4    Asia Pacific Plant-based Protein Market Analysis, By Country, 2018 – 2028
                8.4.1    Market Analysis
                8.4.2    China
                8.4.3    Japan
                8.4.4    India
                8.4.5    Rest of Asia Pacific

Chapter 9    Latin America Plant-based Protein Market Analysis
        9.1    Overview
        9.2    Latin America Plant-based Protein Market Analysis, By Type, 2018 – 2028
                9.2.1    Market Analysis
        9.3    Latin America Plant-based Protein Market Analysis, By Application, 2018 – 2028
                9.3.1    Market Analysis
        9.4    Latin America Plant-based Protein Market Analysis, By Country, 2018 – 2028
                9.4.1    Market Analysis
                9.4.2    Mexico
                9.4.3    Brazil
                9.4.4    Rest of Latin America

Chapter 10    Middle East and Africa (MEA) Plant-based Protein Market Analysis
        10.1    Overview
        10.2    MEA Plant-based Protein Market Analysis, By Type, 2018 – 2028
                10.2.1    Market Analysis
        10.3    MEA Plant-based Protein Market Analysis, By Application, 2018 – 2028
                10.3.1    Market Analysis
        10.4    MEA Plant-based Protein Market Analysis, By Country, 2018 – 2028
                10.4.1    Market Analysis
                10.4.2    GCC Countries
                10.4.3    South Africa
                10.4.4    Rest of MEA

Chapter 11    Company Profiles
        11.1    Archer Daniels Midland Company
                11.1.1    Archer Daniels Midland Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.2    Cargill, Inc
                11.2.1    Cargill, Inc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.3    Roquette Freres Le Romarin
                11.3.1    Roquette Freres Le Romarin: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.4    Ingredion Inc.
                11.4.1    Ingredion Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.5    Kerry Group
                11.5.1    Kerry Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.6    E.I. Dupont De Nemours and Company
                11.6.1    E.I. Dupont De Nemours and Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.7    Now Foods
                11.7.1    Now Foods: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.8    Tate & Lyle Plc
                11.8.1    Tate & Lyle Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.9    Axiom Foods Inc.
                11.9.1    Axiom Foods Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.10    Amco Proteins
                11.10.1    Amco Proteins: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)

 

List of Figures



FIG. 1    Global Plant-based Protein Market: Research Methodology
FIG. 2    Top-Down and Bottom Up Approach
FIG. 3    Global Plant-based Protein Market, By Type, 2020 (US$ Mn)
FIG. 4    Global Plant-based Protein Market, By Application, 2020 (US$ Mn)
FIG. 5    Global Plant-based Protein Market, By Geography, 2020 (US$ Mn)
FIG. 6    Global Plant-based Protein Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 7    Attractive Investment Proposition
FIG. 8    Market Positioning of Key Plant-based Protein Providers, 2020
FIG. 9    Global Plant-based Protein Market Value Share, By Type, 2020 & 2028 (% Value)
FIG. 10    Global Soy Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 11    Global Wheat Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 12    Global Pea Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 13    Global Others Market Value, 2018 – 2028, (US$ Mn)
FIG. 14    Global Plant-based Protein Market Value Share, By Application, 2020 & 2028 (% Value)
FIG. 15    Global Food and Beverages Market Value, 2018 – 2028, (US$ Mn)
FIG. 16    Global Animal Feed Market Value, 2018 – 2028, (US$ Mn)
FIG. 17    Global Nutrition & Health Supplements Market Value, 2018 – 2028, (US$ Mn)
FIG. 18    Global Others Market Value, 2018 – 2028, (US$ Mn)
FIG. 19    U.S. Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 20    Canada Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 21    UK Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 22    Germany Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 23    France Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 24    Rest of Europe Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 25    China Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 26    Japan Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 27    India Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 28    Rest of Asia Pacific Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 29    Mexico Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 30    Brazil Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 31    Rest of Latin America Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 32    GCC Countries Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 33    South Africa Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
FIG. 34    Rest of MEA Plant-based Protein Market Value, 2018 – 2028, (US$ Mn)
 

List of Tables



TABLE 1    Market Snapshot: Global Plant-based Protein Market
TABLE 2    Impact Pointers
TABLE 3    Impact Analysis of Drivers and Restraints
TABLE 4    North America Plant-based Protein Market Value, By Type, 2018 – 2028
TABLE 5    North America Plant-based Protein Market Value, By Application, 2018 – 2028
TABLE 6    North America Plant-based Protein Market Value, By Country, 2018 – 2028
TABLE 7    Europe Plant-based Protein Market Value, By Type, 2018 – 2028
TABLE 8    Europe Plant-based Protein Market Value, By Application, 2018 – 2028
TABLE 9    Europe Plant-based Protein Market Value, By Country, 2018 – 2028
TABLE 10    Asia Pacific Plant-based Protein Market Value, By Type, 2018 – 2028
TABLE 11    Asia Pacific Plant-based Protein Market Value, By Application, 2018 – 2028
TABLE 12    Asia Pacific Plant-based Protein Market Value, By Country, 2018 – 2028
TABLE 13    Latin America Plant-based Protein Market Value, By Type, 2018 – 2028
TABLE 14    Latin America Plant-based Protein Market Value, By Application, 2018 – 2028
TABLE 15    Latin America Plant-based Protein Market Value, By Country, 2018 – 2028
TABLE 16    MEA Plant-based Protein Market Value, By Type, 2018 – 2028
TABLE 17    MEA Plant-based Protein Market Value, By Application, 2018 – 2028
TABLE 18    MEA Plant-based Protein Market Value, By Country, 2018 – 2028
TABLE 19    Archer Daniels Midland Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 20    Cargill, Inc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 21    Roquette Freres Le Romarin: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 22    Ingredion Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 23    Kerry Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 24    E.I. Dupont De Nemours and Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 25    Now Foods: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 26    Tate & Lyle Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 27    Axiom Foods Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 28    Amco Proteins: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)



 

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