Plantbased Protein Market Devices Market is Anticipated to Increase to US$ 16.3

Posted by ashutosh sable on December 5th, 2017

Understanding several aspects of the global plant-based proteins market, Persistence Market Research has presented a well organised analysis on the various trends, challenges, opportunities, growth drivers and restraints impacting the global market in its new research report titled “Plant-Based Proteins Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. Several facets of the global market are analysed across important regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa. An exhaustive analysis of plant-based proteins market covers several aspects that can be used to achieve strategic advantage, such as, competitive landscape, in-depth segmental analysis in different regions and detailed forecast projections with respect to value and volume across all segments for a period of eight years, from 2017 to 2025.

 

According to the research study by Persistence Market Research, the global plant based proteins market is witnessing high growth in the coming years. It is poised to register a robust CAGR of 5.7% throughout the period of forecast 2017-2025. In 2017, the global market was viewed at US$ 10.5 Bn and with this growth rate, it is estimated to reach a value of around US$ 16.3 Bn by the end of 2025.

 

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The global plant based proteins market is segmented by product type (soy protein, wheat protein, pea protein and others), by form (isolate, concentrate and others), by application (supplements and nutritional powders, beverages, protein and nutritional bars, bakery and snacks, breakfast cereals, meat products, dairy products, infant nutrition, animal feed and others) and by region.

 

As per market scrutiny, the global plant-based proteins market is currently witnessing a growth push as well as a pull. The push strength is higher facilitating steady market growth in the coming years. Aspects such as rising consumer awareness towards preventive healthcare, healthy aging, clean labelling, rising demand for fortified foods, rising penetration of organic food in various regional markets, consumer preference more towards healthy food products, awareness regarding soy proteins that reduce effects of fatty liver disease, increasing use of soy proteins in sports nutrition, high penetration of e-commerce resulting in quick availability of plant based proteins thus increasing sales, high consumption of allergen free pea proteins,

 

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rising obesity rate driving high consumption of plant based proteins, plant based proteins being easier to digest than animal proteins can be used by any age group and the trend of on- the-go-healthy foods are driving the growth of the global plant-based proteins market. Pulling aspects such as imbalance in grain supply, volatile pricing, technical difficulties in producing raw material as well as difficulties in processing end products and negative publicity and false claims are posing challenges to the growth of the global plant based proteins market. 

The global plant-based proteins market covers a detailed study on various key players involved in the market. Companies such as Glanbia plc., E. I. DU PONT DE NEMOURS AND COMPANY, ROQUETTE FRERES, Archer-Daniels Midland Co., Cargill Inc., Burcon Nutrascience Corporation, Cosucra Groupe Warcoing, AGT Food & Ingredients, Inc., Ingredion Inc., CHS Inc., The Scoular Company, Fuji Oil Holdings Inc., Wilmar International Ltd., Batory Foods, Devansoy Inc., Crown Soya Protein Group, Shandong Yuwang Ecological Food Industry Co., Ltd., Gushen Group Co., Ltd., Biopress S.A.S and Ag Processing Inc., are profiled in the research report.

 

 

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ashutosh sable

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ashutosh sable
Joined: August 9th, 2017
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