Plant Based Protein Market Size Worth USD 19.13 Billion in 2030

Plant based protein market size was USD 10.10 billion in 2021 and is expected to register a revenue CAGR of 7.4% during the forecast period, according to latest analysis by Emergen Research. Rising demand for vegan and plant-based products and increased health risks associated with meat consumption are factors driving market revenue growth during 2022-2030. In addition, increasing demand for organic products and shift towards sustainable lifestyle is another factor expected to drive revenue growth of the market.

Moreover, rising demand for vegan and organic food products due to its significant health benefits and minimal side effects has led to a shift in consumer preference towards plant based extracts. Furthermore, this has led to a rise in demand for plant based protein, which is expected to contribute significantly to revenue growth of the market.

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The study offers comprehensive coverage of the qualitative and quantitative analysis of the Plant Based Protein market along with crucial statistical data about the Plant Based Protein market. The research study provides historical data and offers accurate forecast estimation until 2030. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

Some major companies in the global market report include Burcon NutraScience Corporation, The Scoular Company, DuPont de Nemours, Inc., NutriPea LP, Puris Proteins, LLC., The Green Labs LLC., Kerry Group plc., Ruchi Soya Industries Limited, Axiom Foods, Inc., and Wilmar International Limited.

Highlights from the Report

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Plant Based Protein industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

Emergen Research has segmented the global plant based protein market based on source, type, form, application, and region:

The complete regional analysis covers:

North America (U.S., Canada, Mexico

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report offers a comprehensive understanding of the impact of the COVID-19 pandemic on the overall market growth and expansion. COVID-19 has affected the global economy by interfering with production and demand, causing market disruption, and inducing financial instability.

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Key Points of Plant Based Protein Market:

Extensive coverage of the analysis of the Plant Based Protein market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Plant Based Protein market

Complete data about the key manufacturers and vendors in the Plant Based Protein market

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