The increasing awareness among the health-conscious population and the changing dietary preferences of the consumers are driving the demand of the plant-based protein market.
The global Plant-based Protein Market will be worth USD 16.63 Billion by 2027, according to a current analysis by Emergen Research. The growth of plant-based protein market can be attributed to the increasing awareness among the health-conscious population and their changing dietary patterns. The growing demand for Protein supplements among consumers to improve their health and wellness is expected to drive the growth of plant-based protein products. The sedentary lifestyle of the growing population has resulted in the prevalence of lifestyle-related chronic diseases, which has increased their need to consume plant-based protein products.
The global Plant-based Protein market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.
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The dry form segment held the largest market share of 59.6% in 2019. Increasing demand for protein concentrates has resulted in the growing utilization of the dry form of processing of protein for the production of the concentrates. Protein Isolates are forecasted to grow with the fastest CAGR of 7.6% over the forecast period. The protein isolates can easily be mixed with different food products and easy to digest, which has increased its demand among the health-conscious population.
The global Plant-based Protein market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Key participants include CARGILL, ARCHER DANIELS MIDLAND (ADM), DuPont, ROQUETTE FRÈRES, GLANBIA, WILMAR INTERNATIONAL, DSM, KERRY GROUP, EMSLAND GROUP, and INGREDION, among others.
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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types. To be updated, the report is furnished with the latest impact of the currently unfolding coronavirus pandemic on the Sensor Fusion industry. The pandemic began in late 2019 and hit the world in early 2020, disrupting the normal lives and affecting every segment of the world. The report covers the impact of the pandemic on the Sensor Fusion market and its key segment.
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Protein Concentrates
- Protein Isolates
- Textured Protein
- Form Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Food Ingredients
- Animal Feed
- Source Outlook (Revenue, USD Billion; 2017-2027)
- Others (Rice, Potato, Canola, and Oats)
The Plant-based Protein market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.
Geographical Plant-based Protein Market:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, the U.K, Russia, and Italy)
- Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
- Latin America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Global Sensor Fusion Market Report – Table of Contents:
- Report Overview
- 1 Research Scope
- 2 Key Sensor Fusion market segments
- 3 Target players
- 4 Market analysis by type
- 5 Market analysis by application
- 6 Key learning objectives
- 7 Report timeline
- Global Growth Trends
- 1 Global Sensor Fusion market size
- 2 Latest trends of the Sensor Fusion market by region
- 3 Key corporate trends
- Global Sensor Fusion Market share by key players
- 1 Global Sensor Fusion Market size by manufacturers
- 2 Global Sensor Fusion Market key players
- 3 Products/solutions/services of major players
- 4 New entrants in the Sensor Fusion market
- 5 Mergers, acquisitions, joint ventures, and expansion plans
- Global Sensor Fusion Market by product type
- 1 Global Sensor Fusion Sales by Product
- 2 Global Sensor Fusion by Product Revenue
Conclusion Of the Report:
To conclude everything stated above, the report offers a panoramic view of the Plant-based Protein market in both the global and regional markets, supported by key statistical data and industry-verified facts. It offers a thorough examination of the size, share, and market volume of the Plant-based Protein industry to forecast the same evaluations until 2027. It also studies and analyzes the different growth prospects and opportunities, along with threats that the players might face in the Global Plant-based Protein Market.
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