Dietary proteins represent a key issue for the future regarding worldwide food security. Besides animal sources, plant proteins represent an opportunity to mainly contribute to protein demand. Recommendations for the general population are even of a greater importance for older subjects. With age, due to anabolic resistance, protein synthesis requires higher levels of circulating amino acids, in particular essential
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amino acids. Consequently, the balance between protein synthesis and protein degradation (to maintain body protein mass) becomes more difficult to maintain. Therefore, the recommended daily intake increased to about 1 g/kg body weight/day, promoting proteins called as “fast digestible proteins”, i.e. rapidly absorbed and able to rapidly increase the amino acidemia. Protein needs are also increased, and
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quality is of importance in athletes and people with intense physical activity. According to FAO, of the world population suffers from hunger and 1 billion people have inadequate protein in-take.
The global food system provides billions of people with energy, protein and other nutrients to support daily life. Yet it is also a major source of greenhouse gas emissions, it is depleting natural resources and fails to secure healthy diets for all communities around the world. Consensus is increasing on the best pathways to transform the global food system to ensure a sustainable and healthy future. Scientific community and civil society highlight the opportunity to improve health and promote global sustainability by shifting to plant-based diets In Europe, consumption of plant-based meat substitutes made up 40% of the world market in 2019 and is forecast to grow by 60% through 2025, mainly due to concerns for health, food security, and animal welfare. In the U.S. during 2019, the retail market for plant-based foods grew eight times faster than the general retail food market.
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For a better understanding of the market adoption of the plant–based protein, the market is analyzed based on its worldwide demand in the countries such as North America (United States, Canada, Mexico, and Rest of North America), Europe (France, United Kingdom, Germany, Spain, Netherlands, Italy, Belgium, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, and Rest of
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Some of the major players operating in the market include Archer Daniels Midland Company, Cargill, Dupont, Wilmar International, Roquette Freres, Glanbia, Kerry Group, DSM. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions
The plant-based protein market is expected to grow witnessing the increasing demand for plant-based diets, along with health and nutritional concerns with respect to processed products, and increased players products portfolio to cater middle-income group which
also helps to boost the growth of the plant-based protein market over the forecast period.Plant-Based Proteins Market is expected to grow significantly over the forecast period with a CAGR of ~10%. The market is driven by growing demand from health freaks and concerns over animal-based food products and the environment. Protein concentration in the plant-based proteins ranges from 50-85%, making them suitable for vegan and vegetarian diets. As per United Nations estimates the world population in 2021 is 7.9 billion and as of January 2021, the total number of vegans in the world is approx 79 million. Besides, obesity and the rising prevalence of diseases as a result of changing lifestyles will continue to drive demand for healthier food. As per WHO study, nearly 39% of adults (18 years and older) worldwide were overweight as of 2019. In obese people, several studies found that the quality and quantity of dietary protein from a plant-based vegan diet is linked to changes in body composition, weight, and insulin resistance.
Consumers' buying habits for plant-based food products are shifting. The efficacy and environmentally sustainable properties of plant-based proteins are the most important factors driving the demand for plant-based proteins. Food allergies are on the rise in developed markets around the world, and food intolerance is shaping consumer preferences. Since childhood, about 65% of the human population has a decreased capacity to absorb lactose. Adult lactose intolerance is most common among people of East Asian origin, with 70-100% of people in these groups suffering from the condition. Lactose intolerance limits protein consumption. Plant-based proteins are gaining popularity as dairy protein substitutes due to their uniqueness and high nutritional value. As a result, demand for these non-GMO plant-based proteins is expected to increase in the allergen-free markets over the forecasted period.
The demand for plant-based foods and beverages shows no signs of slowing. According to the Plant-Based Foods Association (PBFA), plant-based food retail sales in the United States increased by 11.4% in 2019. As per a consumer survey done in 2019, customers in the United States prefer plant-based protein over animal protein. During the study, 53% of respondents reported that they prefer plant protein to animal protein for taste reasons.
The Plant-Based protein market is highly fragmented. The availability of numerous global and local players across regions makes the industry highly competitive. The key players with a considerable market share in the industry are Archer Daniels Midland Company, Cargill, Dupont, Wilmar International, Roquette Freres, Glanbia, Kerry Group, DSM. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.
Insights Presented in the Report
“Amongst source, Soy segment holds the major share”
Based on the source, the market is fragmented into soy, wheat, and pea. The soy dominated the market with a share of almost 67% in 2020 and is expected to maintain its dominance during the forecast period owing to the significant rising consumption of plant-based proteins market for benefit of health.
“Amongst type, isolates are anticipated to dominate the market during the analyzed period”
Furthermore, the plant-based protein market is mainly bifurcated into isolates, concentrates, and textured. In 2020, isolates sub-segment accounted for a maximum market revenue share of nearly 40% and is expected to remain dominant during the analyzed period owing to the increasing demand for processed food products is attributable to the rising purchasing power of consumers across the world.
“Amongst form, dry segment dominated the market during the forecast period”
Based on form, the market is mainly fragmented into dry and liquid. In 2020, the dry segment accounted for a maximum market revenue share of ~60% and is expected to remain dominant during the analyzed period.
“Amongst application, food segment holds the major share”
Based on application, the market is bifurcated into food and feed. Further, the food segment has been segmented into dairy alternatives, meat alternatives, and performance nutrition. In 2020, the food segment accounted for the maximum market share and accounted for more than 80% and is expected to be the leading segment of the plant-based protein market during the forecast period due to the rising awareness of health-conscious people.
“North America represents one of the largest markets of Plant-Based Protein market”
For a better understanding of the market dynamics of the plant-based protein market, a detailed analysis was conducted for different regions across the globe including North America (The United States, Canada, Mexico, and the Rest of North America), Europe (France, United Kingdom, Germany, Spain, Netherland, Italy, Belgium, Rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, and Rest of APAC), South America (Brazil, Argentina, Rest of South America), and Rest of World (the Middle East and Africa). North America dominated the market and is expected to maintain its dominance over the forecast period owing to the increasing demand for processed and low cholesterol foods in the region.
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• The study includes market sizing and forecasting analysis validated by authenticated key industry experts
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• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
• The study comprehensively covers the market across different segments
• Deep dive regional level analysis of the industry
Customization Options:
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Table of Content:
1 MARKET INTRODUCTION
1.1 Market Definitions
1.2 Objective of the Study
1.3 Limitation
1.4 Stake Holders
1.5 Currency Used in Report

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1.6 Scope of the Plant-Based Protein Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Research Methodology for the Plant-Based Protein Market
2.1.1 Main Objective of the Plant-Based Protein Market
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
……Continuned

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