Global Plant Based Protein Products Market 2019-2023
About this market
Players are introducing new plant-based products with lower calorie and fat content. This will cater to the changing demands of the consumers. Successful new product launches will not only help these market players to boost their market shares but also increase their revenue flow. Technavio’s analysts have predicted that the plant based protein products market will register a CAGR of almost 9% by 2023.
Market overview
Expanding global vegan population base
The rising awareness about health benefits of vegan diets is encouraging the growth of vegan population. Vegan diets contains antioxidants, fiber, and beneficial plant compounds and are rich in folate, potassium, magnesium, and vitamins A, C, and E. The millennial vegan population is rising due to the growing awareness regarding the benefits of vegan diets in lowering the risks of heart diseases.
Effect of natural calamities
The cultivation of protein containing plants is severely affected due to the increasing crop damages resulting from natural calamities. This increases the product prices and has a negative impact on the market.
For the detailed list of factors that will drive and challenge the growth of the plant based protein products market during 2019-2023, view our report.
Completive landscape
The market appears to be highly fragmented with the presence of many companies. Factors such as the introduction of new plant-based products with lower calorie and fat content and expanding global vegan population base, will provide considerable growth opportunities to plant based protein products market vendors. Archer Daniels Midland Company, Cargill, DowDuPont, Kerry Group, and Omega Protein Corporation are some of the major companies covered in this report.
PRESS RELEASE
Technavio Announces the Publication of its Research Report – Global Plant Based Protein Products Market 2019-2023
Technavio recognizes the following companies as the key players in the global plant based protein products market: Archer Daniels Midland Company, Cargill, DowDuPont, Kerry Group, and Omega Protein Corporation.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the new product launches.”
According to the report, one driver influencing this market is the expanding global vegan population base.
Further, the report states that one challenge affecting this market is the increasing number of product recalls.
Companies Mentioned
Archer Daniels Midland Company
Cargill
DowDuPont
Kerry Group
Omega Protein Corporation
- Executive summary
- Scope of the report
- Market landscape
- Market ecosystem
- Table Global protein ingredients market
- Table Segments of global protein ingredients market
- Market characteristics
- Table Market characteristics
- Market segmentation analysis
- Table Market segments
- Market ecosystem
- Market sizing
- Market definition
- Table Market definition - Inclusions and exclusions checklist
- Market sizing 2018
- Table Market size 2018
- Market size and forecast 2018-2023
- Table Global market: Size and forecast 2018-2023 ($ billions)
- Table Global market: Year-over-year growth 2019-2023 (%)
- Market definition
- Five forces analysis
- Table Five forces analysis 2018
- Table Five forces analysis 2023
- Bargaining power of buyers
- Table Bargaining power of buyers
- Bargaining power of suppliers
- Table Bargaining power of suppliers
- Threat of new entrants
- Table Threat of new entrants
- Threat of substitutes
- Table Threat of substitutes
- Threat of rivalry
- Table Threat of rivalry
- Market condition
- Table Market condition - Five forces 2018
- Market segmentation by product
- Table Product - Market share 2018-2023 (%)
- Comparison by product
- Table Comparison by product
- Soy protein - Market size and forecast 2018-2023
- Table Soy protein - Market size and forecast 2018-2023 ($ billions)
- Table Soy protein - Year-over-year growth 2019-2023 (%)
- Wheat protein - Market size and forecast 2018-2023
- Table Wheat protein - Market size and forecast 2018-2023 ($ billions)
- Table Wheat protein - Year-over-year growth 2019-2023 (%)
- Pea protein - Market size and forecast 2018-2023
- Table Pea protein - Market size and forecast 2018-2023 ($ billions)
- Table Pea protein - Year-over-year growth 2019-2023 (%)
- Others - Market size and forecast 2018-2023
- Table Others - Market size and forecast 2018-2023 ($ billions)
- Table Others - Year-over-year growth 2019-2023 (%)
- Market opportunity by product
- Table Market opportunity by product
- Customer landscape
- Table Customer landscape
- Geographic landscape
- Geographic segmentation
- Table Market share by geography 2018-2023 (%)
- Geographic comparison
- Table Geographic comparison
- Americas - Market size and forecast 2018-2023
- Table Americas - Market size and forecast 2018-2023 ($ billions)
- Table Americas - Year-over-year growth 2019-2023 (%)
- EMEA - Market size and forecast 2018-2023
- Table EMEA - Market size and forecast 2018-2023 ($ billions)
- Table EMEA - Year-over-year growth 2019-2023 (%)
- APAC - Market size and forecast 2018-2023
- Table APAC - Market size and forecast 2018-2023 ($ billions)
- Table APAC - Year-over-year growth 2019-2023 (%)
- Key leading countries
- Table Key leading countries
- Market opportunity
- Table Market opportunity
- Geographic segmentation
- Decision framework
- Drivers and challenges
- Market drivers
- Market challenges
- Table Impact of drivers and challenges
- Market trends
- Vendor landscape
- Overview
- Table Vendor landscape
- Landscape disruption
- Table Landscape disruption
- Overview
- Vendor analysis
- Vendors covered
- Table Vendors covered
- Vendor classification
- Table Vendor classification
- Market positioning of vendors
- Table Market positioning of vendors
- Archer Daniels Midland Company
- Table Archer Daniels Midland Company - Vendor overview
- Table Archer Daniels Midland Company - Business segments
- Table Archer Daniels Midland Company - Organizational developments
- Table Archer Daniels Midland Company - Geographic focus
- Table Archer Daniels Midland Company - Segment focus
- Table Archer Daniels Midland Company - Key offerings
- Cargill
- Table Cargill - Vendor overview
- Table Cargill - Business segments
- Table Cargill - Organizational developments
- Table Cargill - Geographic focus
- Table Cargill - Segment focus
- Table Cargill - Key offerings
- DowDuPont
- Table DowDuPont - Vendor overview
- Table DowDuPont - Business segments
- Table DowDuPont - Organizational developments
- Table DowDuPont - Geographic focus
- Table DowDuPont - Segment focus
- Table DowDuPont - Key offerings
- Kerry Group
- Table Kerry Group - Vendor overview
- Table Kerry Group - Business segments
- Table Kerry Group - Organizational developments
- Table Kerry Group - Geographic focus
- Table Kerry Group - Segment focus
- Table Kerry Group - Key offerings
- Omega Protein Corporation
- Table Omega Protein Corporation - Vendor overview
- Table Omega Protein Corporation - Product segments
- Table Omega Protein Corporation - Organizational developments
- Table Omega Protein Corporation - Key offerings
- Vendors covered
- Appendix
- Research methodology
- List of abbreviations
- Explore Technavio
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