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Global Vegetable Protein Market To Be Driven By The Rise In Demand For Texturised Vegetable Proteins In The Forecast Period Of 2021-2026

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The MarketWatch News Department was not involved in the creation of this content.

Feb 02, 2021 (SUPER MARKET RESEARCH via COMTEX) —
The new report by Expert Market Research titled, ‘Global Vegetable Protein Market Report and Forecast 2021-2026‘, gives an in-depth analysis of the global vegetable protein market, assessing the market based on its segments like types, sources, forms, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report [email protected]https://www.expertmarketresearch.com/reports/vegetable-protein-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

Historical Market Size (2020): USD 9.55 billion
Forecast CAGR (2021-2026): 7.3%
Forecast Market Size (2026): USD 13.58 billion

The demand for texturised vegetable proteins in the food and beverage sector has increased. As more and more people transition to vegetarianism, textured vegetable proteins are becoming an important part of meat analogues and meat substitutes. In the forecast period, this is projected to contribute significantly to the growth of the overall vegetable protein industry. Meanwhile, hydrolysed vegetable proteins over animal proteins or yeast proteins are now being used as flavour enhancers in different vegetarian/non-vegetarian food products, which is further catalysing the market growth.

Industry Definition and Major Segments

Proteins that are found in or isolated from vegetables or vegetable products used as food are referred to as vegetable proteins. In general, since they contain good quantities of fibre, plant-based proteins are considered to provide digestive balance. Plant-based proteins are much easier for the body to digest than animal products, and they are, thus, gaining heavy popularity through various forums.

Explore the full report with the table of [email protected]https://www.expertmarketresearch.com/reports/vegetable-protein-market

By sources, the market is divided into:

  • Soy

  • Hemp

  • Rice

  • Pea

  • Potato

  • Oat

  • Chickpea

  • Others

Based on type, the industry is segmented into:

  • Concentrates

  • Textured

  • Isolates

On the basis of form, the market is bifurcated into:

By end use, the market is categorised into:

The regional markets for vegetable protein include:

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

Latest Global News on Vegetable Protein [email protected]https://www.expertmarketresearch.com/pressrelease/global-vegetable-protein-market

Market Trends

The growth of the global vegetable protein market is being driven by the increasing acceptance of veganism and the increase in the flexitarian population. The market is further supported by the rising consumer understanding of health and a growing demand for meat alternatives. The growth of the industry is further driven by other factors, such as growing disposable incomes, increasing demand for protein-rich food products, and developments in the food processing sector. The growing preference for cruelty-free products and the demand for environmentally sustainable alternatives to animal-derived protein/food products are expected to further boost the growth of the industry over the forecast period. The introduction of new products and increased investments in R&D activities by manufacturers are expected to help the market.

Key Market Players

The major players in the market are Archer Daniels Midland Company, Dupont de Nemours Inc, Cargill Incorporated, Beneo Gmbh, Roquette Freres, Coopetatie Avebe U.A, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: [email protected]
Expert Market Research
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

The post Global Vegetable Protein Market To Be Driven By The Rise In Demand For Texturised Vegetable Proteins In The Forecast Period Of 2021-2026 appeared first on Super Market Research.

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