Plant Based Protein Market | Size, Share, Revenue, Forecast-2030 |Reported By IMR

Global Plant-Based Protein Market Size Was Valued at USD 11.3 Billion in 2022, and is Projected to Reach USD 19.86 Billion by 2030, Growing at a CAGR of 7.3% From 2023-2030.

Protein serves as an imperious macronutrient in human health, nutrition and well-being. Owing to the socio-economic changes such as ageing populations, increasing income levels, rapidly growing urbanization and crucial transitions in dietary patterns, protein demand is increasing rapidly amongst the population. Further, due to such changes, consumers tend to choose plant-based protein diets and meals which provide high nutrition and maintain the human health. Plant-based proteins are simply termed as a meaningful source of food that are highly rich in protein and are obtained from plants. Major sources of plant-based protein include pulses, tofu, soya, seeds, nuts, tempeh, grains, seitan, peas and others. Rising concerns about animal-based products and environmental changes accelerate the market growth of plant-based protein food. The natural, allergen-free and environmental-friendly properties of plant-based proteins are the major factors that are propelling the rising demand for plant-based proteins across the globe.

The latest research on the Plant Based Protein market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Plant Based 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 Plant Based 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.

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Veganism is a fast-growing trend in developed nations such as Europe and North America and major shift to vegan diets and buying plant-based products of the health-conscious people is observed here. Plant-based protein supplements are suitable for vegans, thus, growing popularity of vegan diets is estimated to benefit plant-based protein supplement makers worldwide. Furthermore, the potential health benefits associated with the intake of plant-based diets, consumer view of protein as an effective nutrient and consumer need to create sustainable environment are majorly driving the market growth of plant-based protein. However, in some cases, consumption of plant-based protein sources such as wheat and soy have been identified as allergens, which is further expected to impede the market growth.

Segmentation of Plant Based Protein market:

By Source

  • Soy
  • Wheat
  • Pea
  • Rice
  • Potato
  • corn

By Type

  • Concentrates
  • Isolates
  • Textured

By Form

  • Dry
  • Liquid

By Nature

  • Organic
  • Conventional

By Application

  • Food & Beverages
  • Animal Feed
  • Nutritional Supplements

 Plant Based Protein Market is segmented by Spacer Type (4sg Thermoplastic, Aluminum Box, Composite Spacers, Warm Edge Spacers, Galvanized Steel, Intercept, Silicone Spacers, Stainless Steel Box, Structural Foam Spacers, Others), Sealant Type (Silicone, Polyisobutylene, Hot-Melt Butyl, Polysulfide, Polyurethane, Epoxy, Others), Glazing Type (Double Glazing, Triple Glazing, Others), End-User (Industrial, Residential, Non-Residential, Others), And Region.

Reasons to Purchase this Market Report:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand for the Action Figures and Statues?
  • What are the opportunities that shall aid in significant proliferation of the market growth?
  • What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
  • How has the covid-19 impacted the growth of the market?
  • Has the supply chain disruption caused changes in the entire value chain?

Market Segment by Regions and Countries Level Analysis:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

If You Have Any Query of Plant Based Protein Market Report, Visit:

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Players Covered in Plant Based Protein market are:

  • ADM (US)
  • Cargill, Incorporated (US)
  • International Flavors & Fragrances Inc. (US)
  • Ingredion (US)
  • AMCO Proteins (US)
  • Axiom Foods, Inc (US)
  • The Green Labs LLC. (US)
  • Nutraferma, Inc. (US)
  • MycoTechnology (US)
  • The Green Labs LLC. (US)

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Uday Sharma

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