Protein Alternatives Market 2020 – Size and Share by Growth Opportunities, Segmentation, Regional Insights, Key Trends, Demand and Outlook by 2024

Protein Alternatives

New Research Report on “Protein Alternatives Market” presents an in-depth analysis of Protein Alternatives which includes market size, share, growth, and demand forecast until 2024 (in USD billion). The report sheds light on latest market developments and prominent trends of the market. Protein Alternatives market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Protein Alternatives market report also includes new upcoming technology of Protein Alternatives Industry that will help our clients.

Protein Alternatives Market Covers Major Key Players:

Protein Alternatives Market Covers manufacturers on the basis of market status, production, consumption, and forecast details.

  • MGP Ingredients Inc.
  • Kerry Group
  • DuPont
  • The Archer Daniels Midland Company
  • Cargill Incorporated
  • Roquette Foods
  • Glanbia PLC
  • Corbion Biotech Inc.
  • Ingredion Incorporated
  • Agriprotein Holdings Ltd
  • Proti
  • farm Holding NV
  • Sonic Biochem Extractions Ltd
  • Avebe
  • Koninklijke DSM N.V.

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    Market Overview:

  • The global protein alternatives market valued at USD 8.8 billion in 2018 and is expected to register a CAGR of 7.4% during the forecast period (2019-2024). In 2017, North America was the largest geographical segment of the market studied and accounted for a share of around 35.9% of the market.
  • Consumers in developing regions, like Asia-Pacific and Africa, have started to incorporate more protein in their daily diets. Many companies operating in the market place have started to initiate awareness programs and campaigns, which can be directed to make the consumers understand the benefits of alternative proteins and establish popularity among consumers. Given the opportunities in the global protein alternatives market, companies are making strategic moves and efforts. For instance, the Aspire Food Group acquired Exo makes protein bars from crickets.
  • Scope of the Report:

    Protein alternatives refer to the foods used as an alternative to protein-rich traditional animal-based protein foods like plant-protein, mycoprotein, algal protein and insect protein.

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    Key Market Trends:

    Increasing Incidences of Intolerance Toward Animal Protein

    Due to animal protein allergies, most of the meat consumers are inclined toward meat substitutes made of vegan protein, which ultimately drives the plant protein market. According to the reference list of allergen data collection, the allergen from chicken meat ranges from 0.5-5% in Southern Europe. Pea protein, earlier recognized as a complete protein with the essential amino acid profile, contains egg like the potential that can be incorporated into several egg-based products, like pasta, vermicelli, cakes, and cookies. The increasing incidences of intolerance for animal protein, coupled with growing demand for protein source products, is fueling the alternative proteins market, worldwide.

    North America to dominate the global market

    The United States dominates the North America protein alternatives market by more than 60%. While there is still a strong dominance of animal protein among the US population, plant protein, such as soy, lentils, beans, etc., have been gaining high traction from the past few years. This is due to the high penetration of vegan protein-based products in the retail market and increased consumer awareness on the health benefits associated with it, along with weight management. With the existing business opportunities in the protein alternatives market, many companies are strategical including business expansion plans, specifically in the plant protein category.

    Protein Alternatives Market Report contents include:

    • Analysis of the laboratory balance market including revenues, future growth, market outlook
    • Historical data and forecast
    • Regional analysis including growth estimates
    • Analyzes the end user markets including growth estimates.
    • Profiles on laboratory balance including products, sales/revenues, and market position
    • Market structure, market drivers and restraints.

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    Detailed TOC of Protein Alternatives Market Report 2020-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.4 Market Restraints
    4.5 Market Opportunities
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 Source Type
    5.1.1 Plant Protein
    5.1.2 Mycoprotein
    5.1.3 Algal Protein
    5.1.4 Insect Protein
    5.2 Application
    5.2.1 Food
    5.2.2 Beverage
    5.2.3 Dietary Supplement
    5.2.4 Feed Industry
    5.3 Geography
    5.3.1 North America US Canada Mexico Rest of North America
    5.3.2 Europe Germany UK France Spain Italy Russia Rest of Europe
    5.3.3 Asia Pacific China Japan India Australia Rest of Asia-Pacific
    5.3.4 South America Brazil Argentina Rest of South America
    5.3.5 Middle East and Africa South Africa Rest of Middle East and Africa

    6.1 Vendor Market Share
    6.2 Mergers & Acquisitions
    6.3 Company Profiles
    6.3.1 MGP Ingredients Inc.
    6.3.2 Kerry Group
    6.3.3 DuPont
    6.3.4 The Archer Daniels Midland Company
    6.3.5 Cargill Incorporated
    6.3.6 Roquette Foods
    6.3.7 Glanbia PLC
    6.3.8 Corbion Biotech Inc.
    6.3.9 Ingredion Incorporated
    6.3.10 Agriprotein Holdings Ltd
    6.3.11 Proti-farm Holding NV
    6.3.12 Sonic Biochem Extractions Ltd
    6.3.13 Avebe
    6.3.14 Koninklijke DSM N.V.


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