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Plant-based Protein Powders Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: ADM, Cargill, DuPont, Kerry Group, Manildra

15 Mar, 2022 | 160 Pages
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Registering a CAGR of 7.7% over the forecast period of 2022-2027, the global Plant-based Protein Powders market is anticipated to reach the market value of US$ 16.2 billion in the year 2027 from US$ 10.6 million in the year 2021.



Plant-based Protein Powders Market Overview



The high growth of the Plant-based Protein Powders market is mainly attributed to rising interest in plant-based nutrition, positive outlook towards sports and health nutrition industry, increasing inclination towards a vegan diet, and increasing demand for personalized nutrition.Plant based protein products have attracted the spotlight with numerous brands launching offerings suited for food service and retail distribution. The growth in the global population of vegans and vegetarians also has made Plant-based Protein Powders viable for commercialization. Even people who eat meat or dairy products are showing willingness to adopt plant-based protein kits.



Over the next few years, there is likely to be major growth in consumer preference for organic food items. Protein manufacturers and suppliers are tailoring their product offerings to meet this customer demand. Due to high-profit margins and rising desire for natural and plant-based products, more companies are joining the organic protein sector.The report aspects discussed the profile of the top manufacturers of the global Plant-based Protein Powders market. These aspects include the financial status of major companies, trending advancements and the entire market scenario. Growth of the report has examined Plant-based Protein Powders Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.



Who are the Major Players in Plant-based Protein Powders Market?



The global Plant-based Protein Powders include the identification and analysis of the various market participants competing in the global market. Prominent competitors include ADM, Cargill, DuPont, Kerry Group, Manildra, Roquette, Tereos, Axiom Foods, Cosucra, CHS, Glanbia Nutritionals, Glico Nutrition, Gushen Group, and Others.



Industry News:



ADM Completes Acquisition of Sojaprotein, Strengthening Plant Based-Protein Capabilities



November 29, 2021: ADM (NYSE: ADM), a global leader in nutrition and agricultural origination and processing, announced that it has completed its acquisition of Sojaprotein, a leading European provider of non-GMO soy ingredients. The addition represents a significant expansion of ADM’s global alternative protein capabilities and its ability to meet growing demand for plant-based foods and beverages.




What are the major Applications, Types and Regions for Plant-based Protein Powders Market?



By Type, it is segmented into




  • Soy Protein

  • Wheat Protein

  • Pea Protein

  • Others



Soy protein dominated the market with a share of over 60.5% in 2021.



By Application, it is segmented into




  • Food & Beverages

  • Pharmaceuticals & Personal Care

  • Animal Feed

  • Others



Plant-based Protein Powders Market Regional Analysis



North America was the largest regional market in 2021 with a share of over 51.5% owing to the high demand for Plant-based Protein Powders in countries such as Canada and the U.S. In addition, a strong foothold of major market players, coupled with the easy availability of raw materials, is expected to fuel the market growth.North America, led by the United States is the dominant market for Plant-based Protein Powders. Higher awareness about veganism and an expanding population of vegetarians, coupled with dedicated promotional campaigns for television and social media is propelling the market through 2027.Also, the growing concern in the US in terms of obesity and weight management, and consumer demands to better manage hectic lifestyles have created a conducive environment for Plant-based Protein Powders sales. Also, investments into research for sports nutrition, and demand from athletes and the health and wellness sector bolsters overall demand.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Plant-based Protein Powders Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Plant-based Protein Powders Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Plant-based Protein Powders Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 7.7% during the review period (2022 to 2027).



By Type




  • Soy Protein

  • Wheat Protein

  • Pea Protein

  • Others



       



By Application




  • Food & Beverages

  • Pharmaceuticals & Personal Care

  • Animal Feed

  • Others



    



By Companies



ADM, Cargill, DuPont, Kerry Group, Manildra, Roquette, Tereos, Axiom Foods, Cosucra, CHS, Glanbia Nutritionals, Glico Nutrition, Gushen Group, and Others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



160



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Plant-based Protein Powders Report




  • Evaluate Plant-based Protein Powders market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Plant-based Protein Powders market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?



The Plant-based Protein Powders Market is studied from 2017 - 2027.



What is the growth rate of Plant-based Protein Powders Market?



The Plant-based Protein Powders Market is growing at a CAGR of 7.7% over the next 5 years.



Who are the leading key players in Plant-based Protein Powders Market?



ADM, Cargill, DuPont, Kerry Group, Manildra, Roquette, Tereos, Axiom Foods, Cosucra, CHS, Glanbia Nutritionals, Glico Nutrition, Gushen Group, and Others.



What regions regions does this Plant-based Protein Powders Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Plant-based Protein Powders Market?



Soy Protein, Wheat Protein, Pea Protein, Others



What are the significant Applications of Plant-based Protein Powders Market?



Food & Beverages, Pharmaceuticals & Personal Care, Animal Feed, Others



All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL PLANT-BASED PROTEIN POWDERS MARKET BY TYPES

    3. GLOBAL PLANT-BASED PROTEIN POWDERS MARKET BY APPLICATION



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR PLANT-BASED PROTEIN POWDERS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF MATERIALS



    3. OPPORTUNITIES

      1. PLANT-BASED PROTEIN POWDERS GROWTH

      2. APPLICATION OF PLANT-BASED PROTEIN POWDERS



    4. IMPACT OF COVID 19



  5. GLOBAL PLANT-BASED PROTEIN POWDERS MARKET, BY TYPES

    1. INTRODUCTION

    2. SOY PROTEIN

    3. WHEAT PROTEIN

    4. PEA PROTEIN

    5. OTHERS



  6. GLOBAL PLANT-BASED PROTEIN POWDERS MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FOOD & BEVERAGES

    3. PHARMACEUTICALS & PERSONAL CARE

    4. ANIMAL FEED

    5. OTHERS



  7. GLOBAL PLANT-BASED PROTEIN POWDERS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. ADM

      2. CARGILL

      3. DUPONT

      4. KERRY GROUP

      5. MANILDRA

      6. ROQUETTE

      7. TEREOS

      8. AXIOM FOODS

      9. COSUCRA

      10. CHS

      11. GLANBIA NUTRITIONALS

      12. GLICO NUTRITION

      13. GUSHEN GROUP





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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