Plant-based Protein Market Worth $40.6 Billion by 2025 - Exclusive Report by MarketsandMarkets - Seite 2

The concentrates segment is projected to record the fastest growth during the forecast period.

Plant-based concentrates are dietary supplements that offer a combination of high-protein and low-calorific value when added to the end product. For instance, pea protein concentrate is obtained by separating the protein fraction of pea seeds from the starch and fiber fraction. Pea protein concentrates are less refined than pea protein isolates. They generally contain 70% to 85% of protein. Plant-based concentrates are used as ingredients to enhance the texture and volume of varied food products. Key market players such as DuPont (US) and Glanbia (Ireland) offer several protein concentrate products that are made up of various sources such as soy, flax, and chia. These products cater to different meat, fish, and various other food & beverage applications.

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The North American region is projected to account for the largest market share during the forecast period.

The North American market for plant-based proteins is the largest due to the increasing awareness for healthy food ingredients and the trend of weight management among consumers. Plant-based proteins are highly versatile and can be used in applications such as meat analogs and meat extenders. According to research conducted by key players in the market and government surveys, it has been recorded that consumers are demanding meat alternatives to reduce their meat consumption. This trend is expected to drive industry growth in the near future.

This report includes a study of marketing and development strategies along with the product portfolios of leading companies in the plant-based protein market. It includes the profiles of leading companies such as ADM (US), DuPont Danisco (US), Ingredion Inc. (US), Burcon NutraScience Corp. (Canada), Axiom Foods (US), and The Scoular Company (US).

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