Plant Protein Ingredients Market Strategy | Business Statistics, Size, Value Share, Global Demand and Forecast to 2024

Market Overview

Plant Protein Ingredients Market has witnessed continued growth during the last few years.  The growth of the plant protein ingredients market in Asia Pacific region is anticipated to be driven by various factors. The rise in disposable incomes has resulted in an increase in demand for a quality protein which is available in different forms. Increase in vegan, vegetarian population across the world has boosted the demand for plant-based protein ingredients. Healthy benefits of plant proteins include lowering cholesterol, lowering blood pressure, balancing blood sugar, lowering cancer risk, and weight loss support has further attracted consumers towards plant protein ingredients.

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Leading Key Players

Key players are engaged in the acquisition of local & small players which will further help the company to expand and spread out to consumers across the various regions. The end-user industries are inclined to the product promotions through magazines, social media and other different mediums to reach the customers. The promotional always helps to enhance the customer base due to the increasing awareness of the new product offerings.

The key players profiled in the Plant Protein Ingredients Market Report are Kerry Group (Ireland), Omega Protein Corporation (U.S.), Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Cargill Incorporated (U.S.), Omega Protein Corporation (U.S.), AMCO Proteins (U.S.), Roquette Freres S.A. (France), Axiom Foods, Inc. (U.S.), and The Scoular Company (U.S.) among many others.

Segments

Global Plant Protein Ingredients Market has been divided into type, source, application, and region

On the Basis of Type: Isolates, Concentrates, and Textured proteins

On the Basis of Source: Pea, Soy, Wheat and others

On the Basis of Application: Dairy, Beverages, Bakery & confectionary and others

Regional Analysis

Plant Protein Ingredients Market is segmented into Europe, Asia Pacific, North America and Rest of the World. Among all the region, North America region is expected to account for the one third of the market proportion in the year of 2017 and the trend is expected to continue throughout the forecast period of 2017-2024. North America plant protein ingredients market is anticipated to be driven by various reasons. Product innovation is considered to be the main factors for the rising growth of plant protein ingredients market in North America region.

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