Plant Protein Ingredient Market is projected to create an absolute $ opportunity of US$3.0 Bn during forecast period 2019 – 2027

Demand of plant protein ingredient is expected to grow exponentially and is projected to create an absolute $ opportunity of US$3.0 Bn during forecast period 2019 – 2027. Meat-based ingredients have been a primary source of protein in developed countries for several years. However, a significant uptick in meat consumption have made their procurement complex for alternative applications such as protein ingredients. This has also imparted price pressure on meat based protein products. This has caused a veritable shift in manufacturing processes of companies to increase volume of plant based protein ingredients in their portfolio. Emerging shift towards alternative protein ingredient sources such as plant based protein is expected to decelerate growth of meat protein by half.

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Plant Protein Ingredient Market – Scope of Report:

A latest publication by Fact.MR on the global Plant Protein Ingredient market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Plant Protein Ingredient market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Plant Protein Ingredient supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Pulse Oximeters, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Positive Investment Flows to Expand Product Portfolio and Research & Development Initiatives of Stakeholders

A positive flow of investments from pharmaceutical giants is likely to propel the development of Plant Protein Ingredient and compounds. For instance, in year 2019, Ginkgo Bioworks, Inc. raised funds of more than US$$ 350 Mn through investments from several investors for the development of Plant Protein Ingredient. This has helped them increase production capacity.

Market leaders in Plant Protein Ingredient such as Noramco, Inc. CannBioRx Life Sciences, Hyasynth Biologicals, Inc. etc are developing Plant Protein Ingredient through novel techniques of synthesis. Moreover, these companies are shifting their focus on research and development of molecules through development of strains of microbes and yeast for biosynthesis of synthetic cannabinoid.

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Report benefits & key questions answered

• Post covid consumer spending on Plant Protein: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Plant Protein Ingredient demand outlook: the market intelligence study reports highlights the factor propelling the demand for Plant Protein Ingredient. As per the study, the demand for Plant Protein Ingredient will grow through 2029.
• Plant Protein Ingredient historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
• Plant Protein Ingredient consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Plant Protein Ingredient Market Segmentations:

• By Product Type :

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Rice Protein
  • Potato Protein
  • Others

• By Form :

  • Isolate
  • Concentrate
  • Other Forms

• By Application :

  • Sports Nutrition
  • Clinical Nutrition
  • Infant Nutrition
  • Bakery & Confectionary
  • Fortified Food & Beverages
  • Other Applications

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

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