Product ID: UCMIG30H2037
Plant Protein Ingredients Market Size, Share, Growth Analysis, By Products(Pea protein, Pea protein concentrates), By Application(Sports & nutrition, Clinical nutrition), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG30H2037 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Plant Protein Ingredients Market Insights
Market Overview:
The food application segment of the Plant Protein Ingredients Market recorded a value of more than USD 5.5 billion in 2019, with an estimated annual consumption of over 2.5 million tons by 2025. The market is expected to be driven by the increasing adoption of veganism due to growing animal welfare concerns and rising awareness about environmental issues related to animal-based food production.
Plant Protein Ingredients Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Agricultural Products by segment aggregation, the contribution of the Agricultural Products in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Plant Protein Ingredients Market Report Snapshots
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