Plant Based Protein Market Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 12/02/2019 -- The global Plant Based Protein market is expected to benefit from growing awareness regarding nutritional benefits of Plant Based Protein. A number of product launches has been taking place in the market over the past few years. For instance, VegOtein P™ by Axiboominm Foods Inc. is produced from U.S. and Canadian yellow non-GMO peas with the help of a natural, water separation process. VegOtein P™ is a rich source of iron and essential amino acids, which is high in Lysine as well as Arginine. It is deployed as an alternative for and/or in combination with soy protein and whey protein in food grade products. In addition, it can be utilized in various foods and beverages, wherein protein enrichment is a requirement.
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Key players to take new product introduction as a key strategy
Archer Daniels Midland Company (U.S.), Crespel & Deiters GmbH & Co. KG (Germany), Roquette Freres Le Romarin (France), Ingredion Inc. (U.S.), NOW Foods (U.S.), Kerry Group (Ireland), Tate & Lyle Plc (U.K.), AMCO Proteins (U.S.), Cargill, Axiom Foods Inc. (U.S.), Incorporated (U.S.), Beneo GmbH (Germany), Glico Nutrition Co., Ltd. (Japan), Burcon Nutrascience Corporation (Canada), Glanbia plc. (Ireland), Corbion NV (the Netherland), Sotexpro (France), Cosucra Groupe Warcoing SA (Belgium),E.I. Dupont De Nemours and Company (U.S.), Farbest Brands (U.S.), Wilmar International Ltd. (Singapore), and CHS Inc. (U.S.) are some of the key manufacturers in the Plant Based Protein market.
By Type
? Soy Protein
? Wheat Protein
? Pea Protein
? Potato Protein
? Rice Protein
? Corn Protein
By Application
? Foods and Beverage
? Animal Feed
? Nutrition and Health Supplements
? Pharmaceuticals
Demand for soy protein is high among consumers as compared to other protein types owing to the health benefits associated with its consumption. Moreover, it is extensively deployed in making a variety of foods. The global Plant Based Protein market has been segregated on the basis of application as food and beverages, animal feed, nutrition and health supplements, and pharmaceuticals. Plant Based Protein is extensively used as a food supplement in the food and beverages sector.
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By Region
North America is expected to grab a significant share in the market owing to rising concerns over animal products and protein, high preference for meat alternatives, and increasing demand for healthy and nutritional products. Moreover, growing trend of health & wellness is having a positive impact on the Plant Based Protein market growth in North America. Large base of vegan population, increasing number of health conscious consumers, and growing food & beverages sector are some of the key factors anticipated to positively impact the Plant Based Protein market growth in Asia Pacific.