Global Plant Protein Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Plant Protein Sales Market Report 2024
Market Analysis and InsightsGlobal Plant Protein Market
Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
The difference between the animal protein and plant protein lies in the amino acid content. Animal proteins are called complete proteins because they contain all essential amino acids. Animal protein has the amino acids that the body is unable to synthesize and must be included in the diet to allow for the proper conduct of protein synthesis. Vegetable protein composition does not provide all the amino acids. Unlike animal proteins, plant proteins are low in fat and produce nitrogenous waste, which is the waste products of proteins, which should be less harmful to avoid overloading the kidneys.
Due to the COVID-19 pandemic, the global Plant Protein market size is estimated to be worth US$ 6294 million in 2022 and is forecast to a readjusted size of US$ 11290 million by 2033 with a CAGR of 8.6% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Soy Protein accounting for % of the Plant Protein global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Food and Beverages segment is altered to an % CAGR throughout this forecast period.
Global Plant Protein key players include ADM, Cargill, CHS, DuPont, Manildra, etc. Global top five manufacturers hold a share over 40%.
China is the largest market, with a share over 30%, followed by Europe, and North America, both have a share over 55 percent.
In terms of product, Soy Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food and Beverages, followed by Animal Feed, Pharmaceuticals and Personal Care, etc.
Global Plant Protein Scope and Market Size
The global Plant Protein market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Plant Protein market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Soy Protein
Wheat Protein
Pea Protein
Rice Protein
Potato Protein
Hemp Protein
Lupin Protein
Others
Food and Beverages
Pharmaceuticals and Personal Care
Animal Feed
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
Yuwang Group
Scents Holdings
Shuangta Food
Oriental Protein
Shandong Jianyuan
Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
The difference between the animal protein and plant protein lies in the amino acid content. Animal proteins are called complete proteins because they contain all essential amino acids. Animal protein has the amino acids that the body is unable to synthesize and must be included in the diet to allow for the proper conduct of protein synthesis. Vegetable protein composition does not provide all the amino acids. Unlike animal proteins, plant proteins are low in fat and produce nitrogenous waste, which is the waste products of proteins, which should be less harmful to avoid overloading the kidneys.
Due to the COVID-19 pandemic, the global Plant Protein market size is estimated to be worth US$ 6294 million in 2022 and is forecast to a readjusted size of US$ 11290 million by 2033 with a CAGR of 8.6% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Soy Protein accounting for % of the Plant Protein global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Food and Beverages segment is altered to an % CAGR throughout this forecast period.
Global Plant Protein key players include ADM, Cargill, CHS, DuPont, Manildra, etc. Global top five manufacturers hold a share over 40%.
China is the largest market, with a share over 30%, followed by Europe, and North America, both have a share over 55 percent.
In terms of product, Soy Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food and Beverages, followed by Animal Feed, Pharmaceuticals and Personal Care, etc.
Global Plant Protein Scope and Market Size
The global Plant Protein market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Plant Protein market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Soy Protein
Wheat Protein
Pea Protein
Rice Protein
Potato Protein
Hemp Protein
Lupin Protein
Others
Segment by Application
Food and Beverages
Pharmaceuticals and Personal Care
Animal Feed
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
Yuwang Group
Scents Holdings
Shuangta Food
Oriental Protein
Shandong Jianyuan
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices