[조사자료] 글로벌 식물성 단백질 시장 예측 (~2028) : 대두, 밀, 완두콩, 캐놀라 쌀 및 감자, 콩 및 종자, 발효 단백질

■ 영문 제목 : Plant-Based Protein Market by Source (Soy, Wheat, Pea, Canola Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates, Textured), Form (Dry, Liquid), Nature (Conventional, Organic), Application and Region - Global Forecast to 2028
	■ 상품코드 : FB7358-23 ■ 조사/발행회사 : MarketsandMarkets ■ 발행일 : 2023년 11월 ■ 페이지수 : 380 ■ 작성언어 : 영문 ■ 보고서 형태 : PDF ■ 납품 방식 : Email (주문후 24시간내 납품) ■ 조사대상 지역 : 세계 ■ 산업 분야 : 식품

■ 판매가격 / 옵션 (부가세 10% 별도)

Single User	USD4,950 ⇒환산￦6,682,500	견적의뢰/주문/질문
Multi User (Five User)	USD6,650 ⇒환산￦8,977,500	견적의뢰/주문/질문
Corporate License	USD8,150 ⇒환산￦11,002,500	견적의뢰/구입/질문

※가격옵션 설명
- 납기는 즉일~2일소요됩니다. 3일이상 소요되는 경우는 별도표기 또는 연락드립니다.
- 지불방법은 계좌이체/무통장입금 또는 카드결제입니다.

"글로벌 식물성 단백질 시장은 2023년 13.3억 달러로 추정되며, 예측 기간 동안 연평균 7.7%의 성장률로 2028년에는 19.2억 달러에 달할 것으로 예상됩니다."건강에 대한 인식이 높아지고 소비자 선호도가 변화하면서 식물성 단백질 제품에 대한 수요가 증가하고 있습니다. 이 시장에서 매출을 늘리기 위해서는 다양화 및 세분화와 같은 효과적인 마케팅 전략을 실행하는 것이 필수적입니다. 첫 번째 목표는 제품을 적절한 판매 채널에 전략적으로 배치하여 건강 지향적인 개인, 채식주의자, 플렉시테리언, 비건들 사이에서 더 강력한 수요를 창출하는 것입니다.
신중한 프로모션 믹스를 활용하면 식물성 단백질 시장에 성장 기회를 가져올 수 있습니다. 완두콩 단백질이나 콩 단백질과 같은 제품 제조업체들은 식물성 단백질 카테고리 내에서 브랜드를 올바르게 포지셔닝하여 놀라운 성공을 거두었습니다. 건강에 대한 관심 증가와 라이프스타일의 진화는 이 시장의 큰 성장을 촉진하고 있습니다. 또한, 식물성 단백질 제조업체들이 혁신적인 맛을 제공하고, 제품의 유통기한을 연장하고, 영양 성분을 개선하기 위한 노력을 계속하고 있어 향후 몇 년 동안 시장이 크게 확대될 것으로 보입니다.
그럼에도 불구하고, 높은 생산 비용과 원재료의 가용성에 대한 잠재적 문제가 식물성 단백질 시장의 제약 요인으로 작용할 수 있다는 점은 주목할 만합니다. 이러한 장애물에도 불구하고, 보다 건강하고 지속 가능한 단백질 공급원에 대한 수요 증가는 업계의 유망한 미래를 시사합니다.

"농축액 하위 부문은 예측 기간 동안 85억 달러에 달할 것으로 예상됩니다."
식물성 단백질 농축액은 콩, 완두콩, 밀과 같은 다양한 공급원에서 유래하고 일반적으로 40%에서 90%까지 단백질 함량을 높이기 위해 가공을 거치기 때문에 식물성 단백질 시장의 성장에 매우 중요한 역할을 하고 있습니다. 이러한 농축물은 우수한 수분 보유력, 유화력, 압출 스낵의 팽창 억제 능력 등 주목할 만한 품질로 유명합니다. 식품 산업은 특히 개발도상국의 단백질 소비 증가와 식품에서 식물성 단백질의 사용 증가로 인해 식물성 단백질 농축액의 높은 생산량이 유지될 것으로 예상됩니다.
식물성 단백질 농축액에 대한 수요는 구운 식품, 스낵, 시리얼, 수프, 파스타, 소스, 식물성 유제품 및 육류 대체품 등 다양한 식품 카테고리에서 다용도로 인해 최근 몇 년 동안 급증하고 있습니다. 기업들은 또한 병아리콩이나 귀리와 같은 대체 소스에서 유래한 혁신적인 제품을 도입하여 확대되는 비즈니스 기회를 활용하고 있습니다. 채식주의, 채식주의, 플렉시테리언과 같은 식습관의 확산은 식물성 단백질에 대한 수요를 더욱 증가시키고 있습니다. 이러한 수요 증가는 식품 산업의 기술 혁신을 촉진하여 햄버거와 육류 대용품을 포함한 다양한 식물성 단백질 제품을 탄생시켰으며, 그 중 상당수가 식물성 단백질 농축액에 의존하여 품질과 맛을 제공하고 있습니다. 예를 들어, 2019년 2월, 이스라엘의 이노보프로(InnovoPro)는 스포츠 영양 보충제에서 식물성 단백질의 성장 시장을 개척하기 위해 처음으로 병아리콩 농축 제품 시리즈인 CP-Pro 70을 출시하였습니다.

"자연 세그먼트의 유기농 하위 세그먼트는 예측 기간 동안 8.1%의 가장 높은 CAGR로 성장할 것으로 예상됩니다."
유기농 식물성 단백질에 대한 수요는 특히 코로나19 팬데믹 이후 꾸준히 증가하고 있습니다. 소비자들은 기존 단백질에 비해 더 안전하고 영양가가 높다고 생각하며 클린 라벨과 유기농 재료에 매력을 느끼고 있습니다. 유기농 선택은 출처에 대한 더 높은 투명성을 제공합니다. 많은 식물성 식품 소비자들은 제품 라벨을 꼼꼼히 살피고 환경 보호에 대한 관심이 높기 때문에 유기농 식물성 단백질은 이 계층에게 특히 매력적입니다. 유기농 식물성 단백질 시장은 아직 초기 단계에 있지만 최근 크게 성장하고 있습니다. 많은 제조업체들이 이러한 수요 증가에 대응하기 위해 유기농 식물성 단백질 제품 라인업을 확장하고 있습니다.
예를 들어, 2022년 10월 프랑스 Roquette Frise사는 유기농 완두콩 전분과 유기농 완두콩 단백질을 포함한 새로운 유기농 완두콩 원료 제품군을 발표했습니다. 이 원료는 캐나다의 유기농 완두콩 생산자 네트워크에서 조달하여 매니토바 주 포티지 라 프레리(Portage La Prairie) 시설에서 생산하고 있습니다. 캐나다의 네이처젠(Nature Zen)도 2021년 8월 미국 시장에서 유기농 식품 및 식재료에 대한 수요가 급증하는 기회를 포착해 유기농 고품질 식물성 단백질을 출시하며 기회를 포착했습니다. 유기농 영양 제품 전문 기업 올게인(미국)은 2020년 1월 코스트코에서 초콜릿 땅콩 버터 컵에 담긴 유기농 식물성 단백질 파우더를 시장에 출시했습니다. 이 제품 출시의 목적은 더 단순하고 원재료가 적은 제품을 찾는 건강 지향적인 밀레니얼 세대의 수요 증가에 부응하기 위한 것입니다. 클린 라벨 제품 트렌드와 식품 출처의 투명성을 높이고자 하는 요구는 향후 몇 년 동안 유기농 식물성 단백질 시장에 큰 성장 기회를 가져다 줄 것으로 예상됩니다. 유기농 식물성 단백질을 포함한 제품 라인을 확대하는 이들 기업의 전략은 이러한 제품에 대한 소비자 수요 증가와 일치합니다.

"유럽은 예측 기간 동안 연평균 7.3%의 성장률을 보이며 2028년까지 식물성 단백질 시장은 63억 달러 규모에 달할 것입니다."
유럽 시장은 식물성 단백질 원료 제조업체에게 큰 비즈니스 전망을 제공합니다. 이 지역에서는 채식주의에 대한 수용이 증가하고 있으며, 이는 식물성 단백질에 대한 수요 증가에 기여하고 있습니다.
유럽의 식물성 단백질 시장은 식품용과 사료용으로 구분할 수 있습니다. 최종 제품을 제조하는 신규 제조업체의 증가와 식물성 단백질이 유력한 대안으로 받아들여지면서 제품 출시가 증가하고 있습니다. 또한, 지속 가능성과 건강에 대한 관심에 힘입어 비건 채식주의가 급증하면서 소비자 부문뿐만 아니라 산업 부문에도 큰 영향을 미치고 있으며, 제품 포트폴리오와 가공 방법을 조정하고 있습니다.
비건 지향의 증가와 동물성 육류로부터의 탈피는 식물성 단백질 산업 기업들에게 큰 비즈니스 기회를 가져다주었습니다. 경제협력개발기구-식량농업기구(OECD-FAO)의 농업 전망 2021-2030에 따르면, 유럽을 비롯한 선진국에서는 2030년까지 돼지고기, 소고기, 양고기의 1인당 소비량이 크게 감소할 것으로 예상됩니다. 유럽 시장은 Glanbia plo(아일랜드), Roquette Frères(프랑스), Kerry Group PLC(아일랜드)와 같은 업계 선두 업체들의 존재로 인해 혜택을 누리고 있습니다. 이들 제조업체는 신제품 출시, 생산 능력 확대, 다른 업계 플레이어와의 제휴 및 인수 등 시장 입지를 강화하는 방법을 적극적으로 모색하여 지리적 입지를 강화하고 유럽 식물성 단백질 산업에서 확고한 발판을 마련하고 있습니다. 예를 들어, 2020년 6월 Kerry Group PLC(아일랜드)는 유럽에서 증가하는 고객 수요와 영양바, 요구르트, 주스, 스무디와 같은 식물성 제품의 인기 증가에 대응하기 위해 완두콩, 쌀, 해바라기를 원료로 한 식물성 단백질 제품군을 확대한다고 발표했습니다.

식물성 단백질 시장 내 주요 업체들의 프로필은 다음과 같습니다.
 기업 유형별: Tier 1 - 25%, Tier 2 - 45%, Tier 3 - 30%.
 직급별: CXO급 - 20%, 관리자 - 50%, 임원 - 30%.
 지역별: 북미 -25%, 유럽 -25%, 아시아 태평양 -40%, 남태평양 -10%.

연구 범위:
이 보고서는 식물성 단백질 시장을 공급원별(콩, 밀, 완두콩, 캐놀라 쌀 및 감자, 콩 및 종자, 발효 단백질, 기타), 유형별(농축물, 분리물, 질감), 형태별(건조, 액체), 특성별(관행, 유기농), 용도별(식음료, 사료), 지역별(북미, 유럽, 아시아태평양, 아시아 태평양)로 분류합니다. 식물성 단백질 시장의 성장에 영향을 미치는 촉진 요인, 저해요인, 도전 과제, 기회 등 주요 요인에 대한 자세한 정보를 다룹니다. 주요 업계 플레이어를 자세히 분석하고 사업 개요, 서비스, 주요 전략, 계약, 파트너십 및 합의에 대한 통찰력을 제공합니다. 식물성 단백질 시장과 관련된 새로운 서비스 출시, 인수합병, 최근 동향. 식물성 단백질 시장 생태계에서 향후 떠오르는 신생 기업의 경쟁 분석도 다루고 있습니다.

이 보고서를 구매해야 하는 이유:
이 보고서는 전체 식물성 단백질 시장 및 하위 세그먼트의 수익 수에 대한 가장 가까운 근사치에 대한 정보를 제공하여 이 시장의 시장 리더/신규 진입자에게 도움이 될 것입니다. 이 보고서는 이해 관계자가 경쟁 상황을 이해하고 더 나은 비즈니스 포지셔닝과 적절한 시장 진입 전략을 계획하기 위해 더 많은 통찰력을 얻을 수 있도록 도와줍니다. 또한 이 보고서는 이해관계자들이 시장의 흐름을 이해하고 주요 시장 동인, 저해요인, 과제 및 기회에 대한 정보를 제공하는 데 도움이 될 것입니다.

이 보고서는 다음 사항에 대한 통찰력을 제공합니다.
- 주요 촉진 요인(건강 중심 식품 및 음료에 대한 관심 증가, 채식주의자 트렌드 강화, 식물성 단백질 관련 혁신 및 개발), 억제 요인(콩 및 밀과 같은 식물성 단백질 공급원과 관련된 알레르기, 채식주의자의 영양 및 비타민 결핍 가능성), 식물성 단백질 시장 성장에 영향을 미치는 기회(새로운 단백질 제품 개발, 새로운 단백질 공급원) 에 영향을 미치는 기회(새로운 단백질 공급원으로서 수생 식물에 대한 관심), 과제(유전자 변형 성분의 혼입으로 인한 식음료 품질에 대한 우려, 완두콩 단백질의 가공 능력에 대한 경제적 제약)에 대한 분석을 제공합니다.
- 신제품 출시/혁신: 식물성 단백질 시장의 R&D 활동, 신제품 출시에 대한 자세한 인사이트를 제공합니다.
- 시장 개발: 유리한 시장에 대한 포괄적인 정보 - 이 보고서는 다양한 지역의 식물성 단백질 시장을 분석합니다.
- 시장 다각화: 식물성 단백질 시장의 신규 서비스, 미개척 지역, 최근 개발 및 투자에 대한 자세한 정보를 제공합니다.
- 경쟁 평가: ADM(미국), Cargill, Incorporated(미국), International Flavors & Fragrances Inc(미국), Ingredion(미국), Roquette Frères(프랑스) 등 주요 기업 분석, 식물성 단백질 시장 전략에서 주요 기업들의 시장 점유율, 성장 전략, 제품 제공 등을 상세히 평가하고 있습니다.

■ 보고서 개요

1. 소개
2. 조사 방법
3. 개요
4. 프리미엄 인사이트
5. 시장 개요
6. 산업 동향
7. 세계의 식물성 단백질 시장 규모 : 유래별
8. 세계의 식물성 단백질 시장 규모 : 종류별
9. 세계의 식물성 단백질 시장 규모 : 용도별
10. 세계의 식물성 단백질 시장 규모 : 성질별
11. 세계의 식물성 단백질 시장 규모 : 형태별
12. 세계의 식물성 단백질 시장 규모 : 지역별
13. 경쟁 현황
14. 기업 정보
15. 인접 및 관련 시장
16. 부록

■ 보고서 목차

1 INTRODUCTION 51
1.1 STUDY OBJECTIVES 51
1.2 MARKET DEFINITION 51
1.3 STUDY SCOPE 52
1.3.1 MARKET SEGMENTATION 52
1.3.2 INCLUSIONS & EXCLUSIONS 53
1.3.3 REGIONS COVERED 53
1.4 YEARS CONSIDERED 54
1.5 CURRENCY CONSIDERED 54
TABLE 1 USD EXCHANGE RATES, 2018–2022 55
1.6 UNIT CONSIDERED 55
1.7 STAKEHOLDERS 55
1.8 SUMMARY OF CHANGES 56
1.9 RECESSION IMPACT 56
2 RESEARCH METHODOLOGY 57
2.1 RESEARCH DATA 57
FIGURE 1 RESEARCH DESIGN 57
2.1.1 SECONDARY DATA 58
2.1.1.1 Key data from secondary sources 58
2.1.2 PRIMARY DATA 58
2.1.2.1 Key data from primary sources 59
2.1.2.2 Breakdown of primary interviews 59
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION 59
2.1.2.3 Key primary insights 60
2.2 MARKET SIZE ESTIMATION 60
2.2.1 BOTTOM-UP APPROACH 61
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 61
2.2.2 TOP-DOWN APPROACH 62
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 62
2.3 DATA TRIANGULATION 63
FIGURE 5 DATA TRIANGULATION METHODOLOGY 63
2.4 RESEARCH ASSUMPTIONS 64
2.5 LIMITATIONS AND RISK ASSESSMENT 64
2.6 RECESSION IMPACT ANALYSIS 65
2.6.1 MACROECONOMIC INDICATORS OF RECESSION 66
FIGURE 6 MACROECONOMIC INDICATORS OF RECESSION 66
FIGURE 7 GLOBAL INFLATION RATE, 2011–2022 66
FIGURE 8 GLOBAL GDP, 2011–2022 (USD TRILLION) 67
FIGURE 9 RECESSION INDICATORS AND THEIR IMPACT ON PLANT-BASED PROTEIN MARKET 68
FIGURE 10 GLOBAL PLANT-BASED PROTEIN MARKET: PREVIOUS FORECAST VS. RECESSION IMPACT FORECAST 69
3 EXECUTIVE SUMMARY 71
TABLE 2 PLANT-BASED PROTEIN MARKET SNAPSHOT, 2023 VS. 2028 72
FIGURE 11 PLANT-BASED PROTEIN MARKET SNAPSHOT, BY SOURCE, 2023 VS. 2028 73
FIGURE 12 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 73
FIGURE 13 PLANT-BASED PROTEIN MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 74
FIGURE 14 PLANT-BASED PROTEIN MARKET, BY REGION 74
4 PREMIUM INSIGHTS 76
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PLANT-BASED PROTEIN MARKET 76
FIGURE 15 RISING DEMAND DUE TO INCREASING HEALTH AWARENESS AND ENVIRONMENTAL CONCERNS TO DRIVE MARKET 76
4.2 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM AND COUNTRY 76
FIGURE 16 DRY SEGMENT AND US TO ACCOUNT FOR SIGNIFICANT SHARE IN 2023 76
4.3 PLANT-BASED PROTEIN MARKET, BY APPLICATION AND REGION 77
FIGURE 17 FOOD & BEVERAGES SEGMENT TO DOMINATE MOST REGIONS DURING FORECAST PERIOD 77
4.4 PLANT-BASED PROTEIN MARKET: KEY COUNTRIES, 2022 78
FIGURE 18 US DOMINATED PLANT-BASED PROTEIN MARKET IN 2022 78
5 MARKET OVERVIEW 79
5.1 INTRODUCTION 79
5.2 MACROECONOMIC INDICATORS 80
5.2.1 RISE IN FOOD DEMAND FROM GROWING POPULATION 80
FIGURE 19 POPULATION PROJECTED TO REACH MORE THAN 9.5 BILLION BY 2050 80
5.2.2 INCREASE IN SOYBEAN PRODUCTION 80
FIGURE 20 SOYBEAN PRODUCTION, BY KEY COUNTRY, 2016–2020 (MILLION TON) 81
5.2.3 CONSUMER SHIFT TOWARD PLANT-BASED NUTRITION 81
5.3 MARKET DYNAMICS 82
FIGURE 21 PLANT-BASED PROTEIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 82
5.3.1 DRIVERS 82
5.3.1.1 Growth in consumer preference for vegan diet 82
5.3.1.1.1 Growing interest in health-centric food and beverages 83
5.3.1.1.2 Awareness regarding meat alternatives’ role in environmental sustainability 84
FIGURE 22 US: SALES OF PLANT-BASED MEAT ALTERNATIVES, 2019–2022 84
5.3.1.1.3 Innovation and developments related to plant-based protein to augment vegan trend 84
5.3.1.2 Prevalence of lactose intolerance 85
TABLE 3 RATE OF LACTOSE INTOLERANCE, BY COUNTRY 86
5.3.2 RESTRAINTS 87
5.3.2.1 Allergies associated with plant-based protein sources, such as soy and wheat 87
FIGURE 23 US: POPULATION WITH FOOD ALLERGIES, BY ALLERGEN, 2018–2019 (MILLION) 87
5.3.2.2 Possibility of nutritional deficiencies among vegans 87
5.3.3 OPPORTUNITIES 88
5.3.3.1 Emergence of aquatic plants as new sources of protein 88
5.3.3.2 Effective marketing strategies and correct positioning of plant-based proteins 89
5.3.3.3 Changes in consumer lifestyles 89
5.3.4 CHALLENGES 90
5.3.4.1 Concerns over quality of food and beverages due to adulteration of GM ingredients 90
5.3.4.2 Economic constraints related to processing capacity of pea protein 90
5.3.4.3 Concerns regarding taste and texture of plant-based protein 91
6 INDUSTRY TRENDS 92
6.1 INTRODUCTION 92
6.2 SUPPLY CHAIN ANALYSIS 92
FIGURE 24 SUPPLY CHAIN ANALYSIS 93
6.3 VALUE CHAIN ANALYSIS 93
6.3.1 RESEARCH AND PRODUCT DEVELOPMENT 93
6.3.2 RAW MATERIAL SOURCING 94
6.3.3 PRODUCTION & PROCESSING 94
6.3.4 DISTRIBUTION 94
6.3.5 MARKETING & SALES 94
6.3.6 END USERS 94
FIGURE 25 VALUE CHAIN ANALYSIS 95
6.4 TRADE ANALYSIS 95
6.4.1 SOYBEAN 95
TABLE 4 TOP TEN IMPORTERS AND EXPORTERS OF SOYBEAN, 2022 (KT) 95
6.4.2 PEA 96
TABLE 5 TOP 10 IMPORTERS AND EXPORTERS OF PEA, 2021 (KT) 96
6.4.3 RICE 96
TABLE 6 TOP TEN IMPORTERS AND EXPORTERS OF RICE, 2022 (KT) 96
6.5 TECHNOLOGY ANALYSIS 97
6.5.1 EXTRUSION 97
6.5.2 HIGH-PRESSURE PROCESSING (HPP) 97
6.5.3 TECHNOLOGICAL ADVANCEMENTS WITHIN EXTRUSION PROCESS 97
6.6 PRICING ANALYSIS 98
6.6.1 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY SOURCE 98
FIGURE 26 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY SOURCE (USD/KG) 99
TABLE 7 AVERAGE SELLING PRICE TRENDS, BY REGION, 2021–2028 (USD/TON) 99
TABLE 8 AVERAGE SELLING PRICE TRENDS, BY SOURCE, 2021–2028 (USD/TON) 100
6.7 ECOSYSTEM ANALYSIS 100
6.7.1 DEMAND SIDE 100
6.7.2 SUPPLY SIDE 100
FIGURE 27 PLANT-BASED PROTEIN: MARKET MAP 101
FIGURE 28 ECOSYSTEM MAPPING 102
TABLE 9 ROLE OF PLAYERS IN MARKET ECOSYSTEM 103
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 104
FIGURE 29 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 104
6.9 PATENT ANALYSIS 104
TABLE 10 LIST OF MAJOR PATENTS PERTAINING TO PLANT-BASED PROTEIN MARKET, 2013–2023 104
FIGURE 30 NUMBER OF PATENTS GRANTED, 2013–2022 107
FIGURE 31 REGIONAL ANALYSIS OF PATENTS GRANTED 107
6.10 KEY CONFERENCES & EVENTS 108
TABLE 11 LIST OF KEY CONFERENCES & EVENTS, 2023–2025 108
6.11 TARIFF & REGULATORY LANDSCAPE 109
6.11.1 REGULATORY LANDSCAPE 109
6.11.1.1 North America 109
6.11.1.2 Europe 111
6.11.1.3 Asia Pacific 113
6.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
TABLE 12 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
6.12 PORTER’S FIVE FORCES ANALYSIS 114
TABLE 13 PORTER’S FIVE FORCES ANALYSIS 115
6.12.1 THREAT OF NEW ENTRANTS 115
6.12.2 THREAT OF SUBSTITUTES 115
6.12.3 BARGAINING POWER OF SUPPLIERS 116
6.12.4 BARGAINING POWER OF BUYERS 116
6.12.5 INTENSITY OF COMPETITIVE RIVALRY 116
6.13 KEY STAKEHOLDERS & BUYING CRITERIA 117
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 117
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES 117
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES 117
6.13.2 BUYING CRITERIA 118
TABLE 15 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR 118
FIGURE 33 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR 118
6.14 CASE STUDY ANALYSIS 118
6.14.1 BLUE DIAMOND GROWERS PARTNERED WITH GROUP LALA TO ESTABLISH NETWORK IN MEXICO 118
6.14.2 KERRY GROUP PLC REVOLUTIONIZED PLANT-BASED PRODUCTS IN ASIA PACIFIC MARKET 119
6.14.3 ADM OFFERED NEW PLANT-BASED PROTEINS TO MEET GROWING CONSUMER DEMAND 119
6.14.4 GLANBIA LAUNCHED ITS GRAIN PORTFOLIO TO ADDRESS CONSUMERS’ RISING HEALTH CONCERNS 119
7 PLANT-BASED PROTEIN MARKET, BY SOURCE 120
7.1 INTRODUCTION 121
FIGURE 34 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION) 121
TABLE 16 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 122
TABLE 17 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 122
TABLE 18 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (KT) 122
TABLE 19 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (KT) 123
7.2 SOY 123
7.2.1 SURGE IN DEMAND FOR PLANT-BASED PROTEIN ALTERNATIVES AND INCREASING SOY EXPORTS TO LEAD TO MARKET GROWTH 123
TABLE 20 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 124
TABLE 21 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 124
TABLE 22 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 124
TABLE 23 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 125
7.3 WHEAT 125
7.3.1 EXCELLENT BINDING CHARACTERISTICS OF WHEAT COUPLED WITH ITS INCREASED USAGE IN ALTERNATIVE MEAT PRODUCTS TO DRIVE GROWTH 125
TABLE 24 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 126
TABLE 25 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 126
TABLE 26 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 126
TABLE 27 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 127
7.4 PEA 127
7.4.1 RAPID SHIFT OF CONSUMERS FROM TRADITIONAL SOURCES OF PLANT PROTEIN TO DRIVE POPULARITY OF PEA PROTEIN 127
TABLE 28 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 127
TABLE 29 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 128
TABLE 30 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 128
TABLE 31 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 128
TABLE 32 PEA: PLANT-BASED PROTEIN MARKET, BY SUBTYPE, 2018–2022 (USD MILLION) 129
TABLE 33 PEA: PLANT-BASED PROTEIN MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 129
7.4.2 YELLOW SPLIT PEAS 129
TABLE 34 YELLOW SPLIT PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 130
TABLE 35 YELLOW SPLIT PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 130
7.4.3 CHICKPEAS 130
TABLE 36 CHICKPEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 37 CHICKPEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 131
7.4.4 LENTILS 131
TABLE 38 LENTILS: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 132
TABLE 39 LENTILS: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 132
7.5 CANOLA, RICE, AND POTATO 132
7.5.1 GROWING CONSUMER INTEREST IN TRADITIONAL PLANT-BASED PROTEIN PRODUCTS TO SPUR MARKET 132
TABLE 40 CANOLA, RICE, AND POTATO: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 133
TABLE 41 CANOLA, RICE, AND POTATO: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 133
TABLE 42 CANOLA, RICE, AND POTATO: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 133
TABLE 43 CANOLA, RICE, AND POTATO: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 134
7.6 BEANS & SEEDS 134
7.6.1 RISING DEMAND FOR HEMP PROTEIN AND SUNFLOWER SEED PROTEIN AS EFFECTIVE TOOLS AGAINST CARDIOVASCULAR DISEASES TO DRIVE GROWTH 134
TABLE 44 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 134
TABLE 45 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 135
TABLE 46 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 135
TABLE 47 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 135
7.7 FERMENTED PROTEIN 136
7.7.1 FLAVOR AND MOUTHFEEL OF FERMENTED PLANT-BASED PROTEIN TO SURGE DEMAND 136
TABLE 48 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 137
TABLE 49 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 137
TABLE 50 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 137
TABLE 51 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 138
TABLE 52 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY SUBTYPE, 2018–2022 (USD MILLION) 138
TABLE 53 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 138
7.7.2 SOY 139
TABLE 54 FERMENTED SOY PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 139
TABLE 55 FERMENTED SOY PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 139
7.7.3 PEA 140
TABLE 56 FERMENTED PEA PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 140
TABLE 57 FERMENTED PEA PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 140
7.7.4 RICE 140
TABLE 58 FERMENTED RICE PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 141
TABLE 59 FERMENTED RICE PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 141
7.7.5 OTHER FERMENTED PROTEIN SUBTYPES 141
TABLE 60 OTHER FERMENTED PROTEIN SUBTYPES: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 142
TABLE 61 OTHER FERMENTED PROTEIN SUBTYPES: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 142
7.8 OTHER SOURCES 142
TABLE 62 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 143
TABLE 63 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 143
TABLE 64 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 143
TABLE 65 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 144
8 PLANT-BASED PROTEIN MARKET, BY TYPE 145
8.1 INTRODUCTION 146
FIGURE 35 PLANT-BASED PROTEIN MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 146
TABLE 66 PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 146
TABLE 67 PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 147
TABLE 68 SOY: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 147
TABLE 69 SOY: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 147
TABLE 70 WHEAT: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 147
TABLE 71 WHEAT: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 148
TABLE 72 PEA: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 148
TABLE 73 PEA: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 148
TABLE 74 CANOLA, RICE, AND POTATO: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 148
TABLE 75 CANOLA, RICE, AND POTATO: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 149
TABLE 76 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 149
TABLE 77 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 149
TABLE 78 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 149
TABLE 79 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 150
TABLE 80 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY TYPE, 2018–2022 (USD MILLION) 150
TABLE 81 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY TYPE, 2023–2028 (USD MILLION) 150
8.2 CONCENTRATES 151
8.2.1 APPLICATION OF PROTEIN CONCENTRATES ACROSS FOOD AND NUTRITION SUPPLEMENTS TO DRIVE DEMAND 151
TABLE 82 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 151
TABLE 83 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 152
8.3 ISOLATES 152
8.3.1 APPLICATION OF PLANT-PROTEIN ISOLATES IN INFANT FOODS AND THEIR STRONG DEMAND DUE TO THEIR HIGH PROTEIN CONTENT TO DRIVE GROWTH 152
TABLE 84 ISOLATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 153
TABLE 85 ISOLATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 153
8.4 TEXTURED 153
8.4.1 GROWING HEALTH CONCERNS TO DRIVE PREFERENCE FOR PLANT-BASED MEAT, LEADING TO RISING DEMAND FOR TEXTURED PLANT PROTEIN 153
TABLE 86 TEXTURED: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 154
TABLE 87 TEXTURED: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 155
9 PLANT-BASED PROTEIN MARKET, BY APPLICATION 156
9.1 INTRODUCTION 157
FIGURE 36 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 157
TABLE 88 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 158
TABLE 89 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 158
9.2 FOOD & BEVERAGES 158
9.2.1 INCREASED CONSUMPTION OF PLANT-BASED MEAT AND DAIRY ALTERNATIVES TO DRIVE GROWTH 158
TABLE 90 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 159
TABLE 91 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 159
TABLE 92 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY SUBTYPE, 2018–2022 (USD MILLION) 160
TABLE 93 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY SUBTYPE, 2023–2028 (USD MILLION) 160
9.2.2 MEAT ALTERNATIVES 160
9.2.3 DAIRY ALTERNATIVES 161
FIGURE 37 GLOBAL PLANT-BASED MILK SALES: HISTORICAL GROWTH, 2016–2022 (USD MILLION) 162
9.2.4 BAKERY PRODUCTS 162
9.2.5 PERFORMANCE NUTRITION 162
9.2.6 CONVENIENCE FOODS 163
9.2.7 OTHER FOOD & BEVERAGE APPLICATIONS 163
9.3 FEED 163
9.3.1 INCREASED DEMAND FOR CLEAN-LABEL AND SUSTAINABLE FEED PRODUCTS TO DRIVE DEMAND FOR PLANT-BASED PROTEIN 163
TABLE 94 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 164
TABLE 95 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 164
10 PLANT-BASED PROTEIN MARKET, BY NATURE 165
10.1 INTRODUCTION 166
FIGURE 38 PLANT-BASED PROTEIN MARKET, BY NATURE, 2023 VS. 2028 (USD MILLION) 166
TABLE 96 PLANT-BASED PROTEIN MARKET, BY NATURE, 2018–2022 (USD MILLION) 166
TABLE 97 PLANT-BASED PROTEIN MARKET, BY NATURE, 2023–2028 (USD MILLION) 167
10.2 CONVENTIONAL 167
10.2.1 GROWING UTILIZATION OF PLANT-BASED FOOD PRODUCTS IN FOOD AND FEED INDUSTRIES TO STIMULATE EXPANSION OF CONVENTIONAL PROTEIN SOURCES 167
TABLE 98 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 167
TABLE 99 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 168
10.3 ORGANIC 168
10.3.1 GROWTH OF ORGANIC PLANT-BASED PROTEIN PRODUCTS TO BE FUELED BY RISING DEMAND FOR CLEAN-LABEL INGREDIENTS 168
TABLE 100 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 169
TABLE 101 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 169
11 PLANT-BASED PROTEIN MARKET, BY FORM 170
11.1 INTRODUCTION 171
FIGURE 39 PLANT-BASED PROTEIN MARKET, BY FORM, 2023 VS. 2028 (USD MILLION) 171
TABLE 102 PLANT-BASED PROTEIN MARKET, BY FORM, 2018–2022 (USD MILLION) 171
TABLE 103 PLANT-BASED PROTEIN MARKET, BY FORM, 2023–2028 (USD MILLION) 172
11.2 DRY 172
11.2.1 INCREASING APPLICATIONS OF DRY PROTEIN PRODUCTS IN PLANT-BASED FOOD & BEVERAGE INDUSTRY TO DRIVE MARKET GROWTH 172
TABLE 104 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 172
TABLE 105 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 173
11.3 LIQUID 173
11.3.1 HIGHER PROTEIN ENRICHMENT REQUIREMENTS IN NUTRITIONAL SUPPLEMENTS TO DRIVE GROWTH OF LIQUID PLANT PROTEIN 173
TABLE 106 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 174
TABLE 107 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 174
12 PLANT-BASED PROTEIN MARKET, BY REGION 175
12.1 INTRODUCTION 176
FIGURE 40 JAPAN TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD 177
TABLE 108 PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 177
TABLE 109 PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 178
TABLE 110 PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (KT) 178
TABLE 111 PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (KT) 178
12.2 NORTH AMERICA 179
FIGURE 41 NORTH AMERICA: REGIONAL SNAPSHOT 180
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 180
FIGURE 42 NORTH AMERICA: INFLATION RATES, BY COUNTRY, 2017–2022 181
FIGURE 43 NORTH AMERICA: RECESSION IMPACT ANALYSIS 182
TABLE 112 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 182
TABLE 113 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 182
TABLE 114 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 183
TABLE 115 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 183
TABLE 116 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (KT) 184
TABLE 117 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (KT) 184
TABLE 118 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2018–2022 (USD MILLION) 184
TABLE 119 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2023–2028 (USD MILLION) 185
TABLE 120 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 185
TABLE 121 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 185
TABLE 122 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2018–2022 (USD MILLION) 186
TABLE 123 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2023–2028 (USD MILLION) 186
TABLE 124 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 186
TABLE 125 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 186
TABLE 126 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2018–2022 (USD MILLION) 187
TABLE 127 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2023–2028 (USD MILLION) 187
12.2.2 US 187
12.2.2.1 Rise in awareness regarding environmental and personal health benefits to drive preference for plant-based ingredients 187
TABLE 128 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 188
TABLE 129 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 189
TABLE 130 US: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 189
TABLE 131 US: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 189
12.2.3 CANADA 190
12.2.3.1 Capitalization on large-scale shift toward flexitarian diets by prominent players to drive production 190
TABLE 132 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 190
TABLE 133 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 191
TABLE 134 CANADA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 191
TABLE 135 CANADA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 191
12.2.4 MEXICO 192
12.2.4.1 Evolving consumer preferences and increasing demand for nutritious pet foods to stimulate market growth 192
TABLE 136 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 192
TABLE 137 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 193
TABLE 138 MEXICO: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 193
TABLE 139 MEXICO: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 193
12.3 EUROPE 194
12.3.1 EUROPE: RECESSION IMPACT ANALYSIS 194
FIGURE 44 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2017–2022 195
FIGURE 45 EUROPE: RECESSION IMPACT ANALYSIS 196
TABLE 140 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 196
TABLE 141 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 197
TABLE 142 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 197
TABLE 143 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 198
TABLE 144 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (KT) 198
TABLE 145 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (KT) 198
TABLE 146 EUROPE: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2018–2022 (USD MILLION) 199
TABLE 147 EUROPE: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2023–2028 (USD MILLION) 199
TABLE 148 EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 199
TABLE 149 EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, 2023–2028 (USD MILLION) 200
TABLE 150 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 200
TABLE 151 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 200
TABLE 152 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2018–2022 (USD MILLION) 200
TABLE 153 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2023–2028 (USD MILLION) 201
TABLE 154 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE, 2018–2022 (USD MILLION) 201
TABLE 155 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE, 2023–2028 (USD MILLION) 201
12.3.2 UK 201
12.3.2.1 Increasing vegan population to drive plant-based protein market 201
TABLE 156 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 202
TABLE 157 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 202
TABLE 158 UK: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 203
TABLE 159 UK: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 203
12.3.3 GERMANY 203
12.3.3.1 Increasing dependence on plant-based foods and high adoption rate of flexitarian diets to boost growth of plant-based protein 203
TABLE 160 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 204
TABLE 161 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 204
TABLE 162 GERMANY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 205
TABLE 163 GERMANY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 205
12.3.4 ITALY 205
12.3.4.1 Rapidly changing consumer preferences from conventional to plant-based protein to drive market 205
TABLE 164 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 206
TABLE 165 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 206
TABLE 166 ITALY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 207
TABLE 167 ITALY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 207
12.3.5 FRANCE 207
12.3.5.1 Government support to develop domestic plant-based protein production and reduce imports to drive growth 207
TABLE 168 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 208
TABLE 169 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 209
TABLE 170 FRANCE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 209
TABLE 171 FRANCE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 209
12.3.6 NETHERLANDS 210
12.3.6.1 Increasing popularity of plant-based foods due to their health and environmental benefits to drive demand for plant protein 210
TABLE 172 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 210
TABLE 173 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 211
TABLE 174 NETHERLANDS: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 211
TABLE 175 NETHERLANDS: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 211
12.3.7 SPAIN 212
12.3.7.1 Product innovation and increased consumption of plant-based convenience foods to drive market 212
TABLE 176 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 212
TABLE 177 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 213
TABLE 178 SPAIN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 213
TABLE 179 SPAIN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 213
12.3.8 TURKEY 214
12.3.8.1 Health advantages linked to plant-centered diets to bolster demand for plant-based protein 214
TABLE 180 TURKEY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 214
TABLE 181 TURKEY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 214
TABLE 182 TURKEY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 215
TABLE 183 TURKEY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 215
12.3.9 POLAND 215
12.3.9.1 Evolving consumer preferences and health awareness to spur market growth 215
TABLE 184 POLAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 216
TABLE 185 POLAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 216
TABLE 186 POLAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 216
TABLE 187 POLAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 217
12.3.10 REST OF EUROPE 217
TABLE 188 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 217
TABLE 189 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 218
TABLE 190 REST OF EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 218
TABLE 191 REST OF EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 218

12.4 ASIA PACIFIC 219
FIGURE 46 ASIA PACIFIC: MARKET SNAPSHOT 220
12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 220
FIGURE 47 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017–2022 221
FIGURE 48 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 221
TABLE 192 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 222
TABLE 193 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 222
TABLE 194 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 223
TABLE 195 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 223
TABLE 196 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (KT) 223
TABLE 197 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (KT) 224
TABLE 198 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2018–2022 (USD MILLION) 224
TABLE 199 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2023–2028 (USD MILLION) 224
TABLE 200 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 225
TABLE 201 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 225
TABLE 202 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM, 2018–2022 (USD MILLION) 225
TABLE 203 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM, 2023–2028 (USD MILLION) 225
TABLE 204 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 226
TABLE 205 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 226
TABLE 206 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE, 2018–2022 (USD MILLION) 226
TABLE 207 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE, 2023–2028 (USD MILLION) 226
12.4.2 CHINA 227
12.4.2.1 Demand for products with health benefits to drive market growth 227
TABLE 208 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 228
TABLE 209 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 228
TABLE 210 CHINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 228
TABLE 211 CHINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, 2023–2028 (USD MILLION) 229
12.4.3 JAPAN 229
12.4.3.1 Ageing population and rising consumption of plant-based convenience foods to drive market growth 229
TABLE 212 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 230
TABLE 213 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 230
TABLE 214 JAPAN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 230
TABLE 215 JAPAN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 231
12.4.4 AUSTRALIA & NEW ZEALAND 231
12.4.4.1 Investments from key players and rising vegan population to drive growth of plant-based protein 231
TABLE 216 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 232
TABLE 217 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 232
TABLE 218 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 232
TABLE 219 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 233
12.4.5 INDIA 233
12.4.5.1 Evolving dietary preferences and increasing coronary heart diseases to drive demand for plant-based protein 233
TABLE 220 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 234
TABLE 221 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 234
TABLE 222 INDIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 234
TABLE 223 INDIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 235
12.4.6 SOUTH KOREA 235
12.4.6.1 Significant shift toward alternative proteins and rising food safety concerns to spur growth 235
TABLE 224 SOUTH KOREA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 235
TABLE 225 SOUTH KOREA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 236
TABLE 226 SOUTH KOREA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 236
TABLE 227 SOUTH KOREA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 236
12.4.7 INDONESIA 237
12.4.7.1 Growing demand for soy protein in food products and animal feed to boost market expansion 237
TABLE 228 INDONESIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 237
TABLE 229 INDONESIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 237
TABLE 230 INDONESIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 238
TABLE 231 INDONESIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 238
12.4.8 MALAYSIA 238
12.4.8.1 Influence of Buddhism and Hinduism to contribute to popularity of vegetarianism 238
TABLE 232 MALAYSIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 239
TABLE 233 MALAYSIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 239
TABLE 234 MALAYSIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 239
TABLE 235 MALAYSIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 240
12.4.9 PHILIPPINES 240
12.4.9.1 Surge in health and wellness trends to persuade people to prefer protein-based food products 240
TABLE 236 PHILIPPINES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 240
TABLE 237 PHILIPPINES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 241
TABLE 238 PHILIPPINES: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 241
TABLE 239 PHILIPPINES: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 241
12.4.10 VIETNAM 242
12.4.10.1 Environmental issues and concerns related to carbon footprint of animal agriculture to drive growth 242
TABLE 240 VIETNAM: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 242
TABLE 241 VIETNAM: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 242
TABLE 242 VIETNAM: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 243
TABLE 243 VIETNAM: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 243
12.4.11 THAILAND 243
12.4.11.1 Rising awareness regarding environmental impact of meat industry to encourage market growth 243
TABLE 244 THAILAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 244
TABLE 245 THAILAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 244
TABLE 246 THAILAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 244
TABLE 247 THAILAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 245
12.4.12 REST OF ASIA PACIFIC 245
TABLE 248 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 245
TABLE 249 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 246
TABLE 250 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 246
TABLE 251 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 246
12.5 SOUTH AMERICA 247
12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 247
FIGURE 49 SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2017–2022 248
FIGURE 50 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 248
TABLE 252 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 249
TABLE 253 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 249
TABLE 254 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 249
TABLE 255 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 250
TABLE 256 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2018–2022 (USD MILLION) 250
TABLE 257 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2023–2028 (USD MILLION) 250
TABLE 258 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 251
TABLE 259 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 251
TABLE 260 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (KT) 251
TABLE 261 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (KT) 252
TABLE 262 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 252
TABLE 263 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 252
TABLE 264 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2018–2022 (USD MILLION) 252
TABLE 265 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2023–2028 (USD MILLION) 253
TABLE 266 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2018–2022 (USD MILLION) 253
TABLE 267 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2023–2028 (USD MILLION) 253
12.5.2 BRAZIL 253
12.5.2.1 High processing and export capabilities coupled with increased adoption of plant-based foods to drive growth 253
TABLE 268 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 254
TABLE 269 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 255
TABLE 270 BRAZIL: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 255
TABLE 271 BRAZIL: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 255
12.5.3 ARGENTINA 256
12.5.3.1 Environmental, nutritional, and animal welfare concerns among youth to drive demand for plant-based protein 256
TABLE 272 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 256
TABLE 273 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 257
TABLE 274 ARGENTINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 257
TABLE 275 ARGENTINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 257
12.5.4 COLUMBIA 258
12.5.4.1 Rapid surge in vegan population to encourage popularity of plant-based protein 258
TABLE 276 COLUMBIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 258
TABLE 277 COLUMBIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 259
TABLE 278 COLUMBIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 259
TABLE 279 COLUMBIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 259
12.5.5 PERU 260
12.5.5.1 Environmental considerations, nutritional awareness, and concerns about animal welfare to spur market 260
TABLE 280 PERU: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 260
TABLE 281 PERU: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 261
TABLE 282 PERU: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 261
TABLE 283 PERU: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 261
12.5.6 CHILE 262
12.5.6.1 Focus on promoting a vegan-friendly lifestyle to boost growth 262
TABLE 284 CHILE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 262
TABLE 285 CHILE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 263
TABLE 286 CHILE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 263
TABLE 287 CHILE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 263
12.5.7 REST OF SOUTH AMERICA 264
TABLE 288 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 264
TABLE 289 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 264
TABLE 290 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 265
TABLE 291 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 265
12.6 REST OF THE WORLD (ROW) 265
12.6.1 ROW: RECESSION IMPACT ANALYSIS 266
FIGURE 51 ROW: RECESSION IMPACT ANALYSIS 267
TABLE 292 ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2018–2022 (USD MILLION) 267
TABLE 293 ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2023–2028 (USD MILLION) 267
TABLE 294 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 268
TABLE 295 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 268
TABLE 296 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (KT) 269
TABLE 297 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (KT) 269
TABLE 298 ROW: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2018–2022 (USD MILLION) 269
TABLE 299 ROW: PLANT-BASED PROTEIN MARKET FOR PEA, BY SUBTYPE, 2023–2028 (USD MILLION) 270
TABLE 300 ROW: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 270
TABLE 301 ROW: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 270
TABLE 302 ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 270
TABLE 303 ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 271
TABLE 304 ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2018–2022 (USD MILLION) 271
TABLE 305 ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2023–2028 (USD MILLION) 271
TABLE 306 ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2018–2022 (USD MILLION) 271
TABLE 307 ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2023–2028 (USD MILLION) 271
12.6.2 AFRICA 272
12.6.2.1 Favorable processing conditions coupled with rising consumer awareness about health issues to boost market growth 272
TABLE 308 AFRICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 272
TABLE 309 AFRICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 272
TABLE 310 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 273
TABLE 311 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 273
TABLE 312 AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 273
TABLE 313 AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 274
12.6.2.2 South Africa 274
TABLE 314 SOUTH AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 274
TABLE 315 SOUTH AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 275
TABLE 316 SOUTH AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 275
TABLE 317 SOUTH AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 275
12.6.2.3 Morocco 276
TABLE 318 MOROCCO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 276
TABLE 319 MOROCCO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 276
TABLE 320 MOROCCO: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 277
TABLE 321 MOROCCO: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 277
12.6.2.4 Algeria 277
TABLE 322 ALGERIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 278
TABLE 323 ALGERIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 278
TABLE 324 ALGERIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 278
TABLE 325 ALGERIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 279
12.6.2.5 Kenya 279
TABLE 326 KENYA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 279
TABLE 327 KENYA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 280
TABLE 328 KENYA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 280
TABLE 329 KENYA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 280
12.6.2.6 Rest of Africa 281
TABLE 330 REST OF AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 281
TABLE 331 REST OF AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 282
TABLE 332 REST OF AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 282
TABLE 333 REST OF AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 282
12.6.3 MIDDLE EAST 283
12.6.3.1 Demand for plant-based convenience foods to drive growth of plant-based protein industry 283
TABLE 334 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 283
TABLE 335 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 283
TABLE 336 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 283
TABLE 337 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 284
TABLE 338 MIDDLE EAST: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 284
TABLE 339 MIDDLE EAST: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 284
12.6.3.2 Saudi Arabia 285
TABLE 340 SAUDI ARABIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 285
TABLE 341 SAUDI ARABIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 285
TABLE 342 SAUDI ARABIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 286
TABLE 343 SAUDI ARABIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 286
12.6.3.3 Rest of Middle East 286
TABLE 344 REST OF MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2018–2022 (USD MILLION) 287
TABLE 345 REST OF MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2023–2028 (USD MILLION) 287
TABLE 346 REST OF MIDDLE EAST: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2018–2022 (USD MILLION) 287
TABLE 347 REST OF MIDDLE EAST: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY SUBTYPE, 2023–2028 (USD MILLION) 288
13 COMPETITIVE LANDSCAPE 289
13.1 OVERVIEW 289
13.2 MARKET SHARE ANALYSIS 289
TABLE 348 PLANT-BASED PROTEIN MARKET: INTENSITY OF COMPETITIVE RIVALRY 290
13.3 STRATEGIES ADOPTED BY KEY PLAYERS 290
TABLE 349 STRATEGIES ADOPTED BY KEY PLAYERS 290
13.4 HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS 292
FIGURE 52 HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS, 2018–2022 (USD BILLION) 292
13.5 ANNUAL REVENUE VS. GROWTH (KEY PLAYERS) 293
FIGURE 53 ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022 293
13.6 EBITDA OF KEY PLAYERS 294
FIGURE 54 EBITDA OF KEY PLAYERS, 2022 (USD BILLION) 294
13.7 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 294
FIGURE 55 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022 294
13.8 COMPANY EVALUATION MATRIX FOR KEY PLAYERS 295
13.8.1 STARS 295
13.8.2 EMERGING LEADERS 295
13.8.3 PERVASIVE PLAYERS 295
13.8.4 PARTICIPANTS 296
FIGURE 56 COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022 296
13.8.5 COMPANY FOOTPRINT 297
TABLE 350 COMPANY FOOTPRINT, BY SOURCE 297
TABLE 351 COMPANY FOOTPRINT, BY TYPE 298
TABLE 352 COMPANY FOOTPRINT, BY APPLICATION 299
TABLE 353 COMPANY FOOTPRINT, BY REGION 300
TABLE 354 OVERALL COMPANY FOOTPRINT 301
13.9 START-UP/SME EVALUATION MATRIX 302
13.9.1 PROGRESSIVE COMPANIES 302
13.9.2 RESPONSIVE COMPANIES 302
13.9.3 DYNAMIC COMPANIES 302
13.9.4 STARTING BLOCKS 302
FIGURE 57 START-UP/SME EVALUATION MATRIX, 2022 303
13.9.5 COMPETITIVE BENCHMARKING 304
TABLE 355 DETAILED LIST OF KEY START-UPS/SMES 304
TABLE 356 COMPETITIVE BENCHMARKING OF START-UPS/SMES 305
13.10 COMPETITIVE SCENARIO 306
13.10.1 PRODUCT LAUNCHES 306
TABLE 357 PLANT-BASED PROTEIN MARKET: PRODUCT LAUNCHES, 2019–2021 306
13.10.2 DEALS 307
TABLE 358 PLANT-BASED PROTEIN MARKET: DEALS, 2019–2022 307
13.10.3 OTHERS 310
TABLE 359 PLANT-BASED PROTEIN MARKET: OTHERS, 2019–2022 310
14 COMPANY PROFILES 314
14.1 KEY PLAYERS 314
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
14.1.1 ADM 314
TABLE 360 ADM: BUSINESS OVERVIEW 314
FIGURE 58 ADM: COMPANY SNAPSHOT 315
TABLE 361 ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 315
TABLE 362 ADM: PRODUCT LAUNCHES 317
TABLE 363 ADM: DEALS 317
TABLE 364 ADM: OTHERS 318
14.1.2 CARGILL, INCORPORATED 319
TABLE 365 CARGILL, INCORPORATED: BUSINESS OVERVIEW 319
FIGURE 59 CARGILL, INCORPORATED: COMPANY SNAPSHOT 319
TABLE 366 CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 320
TABLE 367 CARGILL, INCORPORATED: OTHERS 320
14.1.3 INTERNATIONAL FLAVORS & FRAGRANCES INC. 322
TABLE 368 INTERNATIONAL FLAVORS & FRAGRANCES INC.: BUSINESS OVERVIEW 322
FIGURE 60 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT 323
TABLE 369 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 323
14.1.4 INGREDION 325
TABLE 370 INGREDION: BUSINESS OVERVIEW 325
FIGURE 61 INGREDION: COMPANY SNAPSHOT 326
TABLE 371 INGREDION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 326
TABLE 372 INGREDION: PRODUCT LAUNCHES 327
TABLE 373 INGREDION: DEALS 327
TABLE 374 INGREDION: OTHERS 328
14.1.5 ROQUETTE FRÈRES 329
TABLE 375 ROQUETTE FRÈRES: BUSINESS OVERVIEW 329
TABLE 376 ROQUETTE FRÈRES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 329
TABLE 377 ROQUETTE FRÈRES: DEALS 330
TABLE 378 ROQUETTE FRÈRES: OTHERS 330
14.1.6 WILMAR INTERNATIONAL LTD. 332
TABLE 379 WILMAR INTERNATIONAL LTD.: BUSINESS OVERVIEW 332
FIGURE 62 WILMAR INTERNATIONAL LTD.: COMPANY SNAPSHOT 333
TABLE 380 WILMAR INTERNATIONAL LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 333
14.1.7 GLANBIA PLC 334
TABLE 381 GLANBIA PLC: BUSINESS OVERVIEW 334
FIGURE 63 GLANBIA PLC: COMPANY SNAPSHOT 335
TABLE 382 GLANBIA PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 335
TABLE 383 GLANBIA PLC: PRODUCT LAUNCHES 336
TABLE 384 GLANBIA PLC: DEALS 336
14.1.8 KERRY GROUP PLC 337
TABLE 385 KERRY GROUP PLC: BUSINESS OVERVIEW 337
FIGURE 64 KERRY GROUP PLC: COMPANY SNAPSHOT 338
TABLE 386 KERRY GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 338
TABLE 387 KERRY GROUP PLC: DEALS 339
TABLE 388 KERRY GROUP PLC: OTHERS 339
14.1.9 DSM 340
TABLE 389 DSM: BUSINESS OVERVIEW 340
FIGURE 65 DSM: COMPANY SNAPSHOT 341
TABLE 390 DSM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 341
TABLE 391 DSM: DEALS 342
14.1.10 AGT FOOD AND INGREDIENTS 343
TABLE 392 AGT FOOD AND INGREDIENTS: BUSINESS OVERVIEW 343
TABLE 393 AGT FOOD AND INGREDIENTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 343
TABLE 394 AGT FOOD AND INGREDIENTS: DEALS 344
14.1.11 BURCON NUTRASCIENCE CORPORATION 345
TABLE 395 BURCON NUTRASCIENCE CORPORATION: BUSINESS OVERVIEW 345
FIGURE 66 BURCON NUTRASCIENCE CORPORATION: COMPANY SNAPSHOT 345
TABLE 396 BURCON NUTRASCIENCE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 346
TABLE 397 BURCON NUTRASCIENCE CORPORATION: DEALS 346
TABLE 398 BURCON NUTRASCIENCE CORPORATION: OTHERS 347
14.1.12 EMSLAND GROUP 348
TABLE 399 EMSLAND GROUP: BUSINESS OVERVIEW 348
TABLE 400 EMSLAND GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 348
TABLE 401 EMSLAND GROUP: DEALS 349
14.1.13 PURIS 350
TABLE 402 PURIS: BUSINESS OVERVIEW 350
TABLE 403 PURIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 350
TABLE 404 PURIS: OTHERS 351
14.1.14 COSUCRA 352
TABLE 405 COSUCRA: BUSINESS OVERVIEW 352
TABLE 406 COSUCRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 352
TABLE 407 COSUCRA: PRODUCT LAUNCHES 353
TABLE 408 COSUCRA: OTHERS 353
14.1.15 TATE & LYLE 354
TABLE 409 TATE & LYLE: BUSINESS OVERVIEW 354
FIGURE 67 TATE & LYLE: COMPANY SNAPSHOT 355
TABLE 410 TATE & LYLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 355
TABLE 411 TATE & LYLE: DEALS 356
14.2 OTHER PLAYERS/START-UPS/SMES 357
14.2.1 BENEO GMBH 357
TABLE 412 BENEO GMBH: BUSINESS OVERVIEW 357
TABLE 413 BENEO GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 357
TABLE 414 BENEO GMBH: DEALS 358
TABLE 415 BENEO GMBH: OTHERS 358
14.2.2 SOTEXPRO 360
TABLE 416 SOTEXPRO: BUSINESS OVERVIEW 360
TABLE 417 SOTEXPRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 360
14.2.3 SHANDONG JIANYUAN GROUP 362
TABLE 418 SHANDONG JIANYUAN GROUP: BUSINESS OVERVIEW 362
TABLE 419 SHANDONG JIANYUAN GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 362
14.2.4 AMCO PROTEINS 363
TABLE 420 AMCO PROTEINS: BUSINESS OVERVIEW 363
TABLE 421 AMCO PROTEINS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 363
TABLE 422 AMCO PROTEINS: OTHERS 364
14.2.5 AUSTRALIAN PLANT PROTEINS PTY LTD. 365
TABLE 423 AUSTRALIAN PLANT PROTEINS PTY LTD.: BUSINESS OVERVIEW 365
TABLE 424 AUSTRALIAN PLANT PROTEINS PTY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 365
14.2.6 NUTRAFERMA, INC. 367
TABLE 425 NUTRAFERMA, INC.: BUSINESS OVERVIEW 367
TABLE 426 NUTRAFERMA, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 367
14.2.7 MYCOTECHNOLOGY, INC. 368
TABLE 427 MYCOTECHNOLOGY, INC.: BUSINESS OVERVIEW 368
TABLE 428 MYCOTECHNOLOGY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 368
TABLE 429 MYCOTECHNOLOGY, INC.: PRODUCT LAUNCHES 369
TABLE 430 MYCOTECHNOLOGY, INC.: DEALS 369
TABLE 431 MYCOTECHNOLOGY, INC.: OTHERS 370
14.2.8 EUROPEAN PROTEIN A/S 371
TABLE 432 EUROPEAN PROTEIN A/S: BUSINESS OVERVIEW 371
TABLE 433 EUROPEAN PROTEIN A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 371
14.2.9 AXIOM FOODS, INC. 373
14.2.10 AMINOLA 374
14.2.11 THE GREEN LABS LLC. 375
14.2.12 ETCHEM 376
14.2.13 PROEON 377
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS 378
15.1 INTRODUCTION 378
TABLE 434 MARKETS ADJACENT TO PLANT-BASED PROTEIN MARKET 378
15.2 LIMITATIONS 378
15.3 PEA PROTEIN MARKET 379
15.3.1 MARKET DEFINITION 379
15.3.2 MARKET OVERVIEW 379
15.3.3 PEA PROTEIN MARKET, BY FORM 379
TABLE 435 PEA PROTEIN MARKET, BY FORM, 2017–2020 (USD MILLION) 380
TABLE 436 PEA PROTEIN MARKET, BY FORM, 2021–2027 (USD MILLION) 380
15.3.4 PEA PROTEIN MARKET, BY REGION 380
TABLE 437 PEA PROTEIN MARKET, BY REGION, 2017–2020 (USD MILLION) 380
TABLE 438 PEA PROTEIN MARKET, BY REGION, 2021–2027 (USD MILLION) 381
15.4 SOY PROTEIN INGREDIENTS MARKET 381
15.4.1 MARKET DEFINITION 381
15.4.2 MARKET OVERVIEW 381
15.4.3 SOY PROTEIN INGREDIENTS MARKET, BY TYPE 382
TABLE 439 SOY PROTEIN INGREDIENTS MARKET, BY TYPE, 2018–2021 (USD MILLION) 382
TABLE 440 SOY PROTEIN INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION) 382
15.4.4 SOY PROTEIN INGREDIENTS MARKET, BY REGION 383
TABLE 441 SOY PROTEIN INGREDIENTS MARKET, BY REGION, 2018–2021 (USD MILLION) 383
TABLE 442 SOY PROTEIN INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 383
15.5 PROTEIN INGREDIENTS MARKET 384
15.5.1 MARKET DEFINITION 384
15.5.2 MARKET OVERVIEW 384
15.5.3 PROTEIN INGREDIENTS MARKET, BY SOURCE 384
TABLE 443 PROTEIN INGREDIENTS MARKET, BY SOURCE, 2019–2022 (USD MILLION) 385
TABLE 444 PROTEIN INGREDIENTS MARKET, BY SOURCE, 2023–2028 (USD MILLION) 385
15.5.4 PROTEIN INGREDIENTS MARKET, BY REGION 385
TABLE 445 PROTEIN INGREDIENTS MARKET, BY REGION, 2019–2022 (USD MILLION) 386
TABLE 446 PROTEIN INGREDIENTS MARKET, BY REGION, 2023–2028 (USD MILLION) 386
16 APPENDIX 387
16.1 DISCUSSION GUIDE 387
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 393
16.3 CUSTOMIZATION OPTIONS 395
16.4 RELATED REPORTS 395
16.5 AUTHOR DETAILS 396

※본 조사보고서 [글로벌 식물성 단백질 시장 예측 (~2028) : 대두, 밀, 완두콩, 캐놀라 쌀 및 감자, 콩 및 종자, 발효 단백질] (코드 : FB7358-23) 판매에 관한 면책사항을 반드시 확인하세요.

※본 조사보고서 [글로벌 식물성 단백질 시장 예측 (~2028) : 대두, 밀, 완두콩, 캐놀라 쌀 및 감자, 콩 및 종자, 발효 단백질] 에 대해서 E메일 문의는 여기를 클릭하세요.

※당 사이트에 없는 보고서도 취급 가능한 경우가 많으니 문의 주세요!

[이하, 관련 보고서 소개]

글로벌 자동차용 코팅제 시장 예측 (~2028) : 폴리우레탄, 에폭시, 아크릴
CH4570-23 / MarketsandMarkets / 2023년 11월 / "글로벌 자동차용 코팅제 시장 규모는 2023년 15.5억 달러에서 연평균 4.1%의 성장률로 2028년 19억 달러에 달할 것으로 전망됩니다."아시아 태평양 지역은 2022년 자동차용 코팅제 시장에서 금액 기준으로 가장 큰 점유율을 차지할 것으로...1. 소개 2. 조사 방법 3. 개요 4. 프리미엄 인사이트 5. 시장 개요 6. 산업 동향 7. 세계의 자동차용 코팅제 시장 규모 : 차량 종류별 8. 세계의 자동차용 코팅제 시장 규모 : 수지 종류별 9. 세계의 자동차용 코팅제 시장 규모 : 기술별 10. 세계의 자동차용 코팅제 시장 규모 : 도료...

글로벌 전분 유도체 시장 예측 (~2028) : 포도당 시럽, 변성 전분, 말토덱스트린, 가수 분해물, 사이클로 덱스트린
FB2338-23 / MarketsandMarkets / 2023년 11월 / "MarketsandMarkets에 따르면 글로벌 전분 유도체 시장은 2023년 579억 달러에서 2028년 684억 달러에 달할 것으로 예상되며, 예측 기간 동안 연평균 3.4%의 성장률을 기록할 것으로 예상됩니다."전분 유도체 시장은 건조 형태와 액체 형태로...1. 소개 2. 조사 방법 3. 개요 4. 프리미엄 인사이트 5. 시장 개요 6. 산업 동향 7. 세계의 전분 유도체 시장 규모 : 유형별 8. 세계의 전분 유도체 시장 규모 : 용도별 9. 세계의 전분 유도체 시장 규모 : 출처별 10. 세계의 전분 유도체 시장 규모 : 형태별 11. 세계의...

글로벌 농업용 미량 영양소 시장 예측 (~2028) : 아연, 붕소, 철, 망간, 몰리브덴, 구리
AGI2266-23 / MarketsandMarkets / 2023년 11월 / "글로벌 농업용 미량 영양소 시장은 2023년 4.5억 달러로 추정되며, 예측 기간 동안 연평균 8.6%의 성장률로 2028년에는 6.9억 달러에 달할 것으로 예상됩니다."농업용 미량 영양소 시장의 성장은 다양한 요인에 의해 주도되고 있습니다....1. 소개 2. 조사 방법 3. 개요 4. 프리미엄 인사이트 5. 시장 개요 6. 산업 동향 7. 세계의 농업용 미량 영양소 시장 규모 : 작물 종류별 8. 세계의 농업용 미량 영양소 시장 규모 : 형태별 9. 세계의 농업용 미량 영양소 시장 규모 : 용도별 10. 세계의 농업용 미량 영양소 시장...

글로벌 반응성 핫멜트 접착제 시장 예측 (~2028) : 폴리우레탄, 폴리올레핀
CH7741-23 / MarketsandMarkets / 2023년 11월 / "글로벌 반응성 핫멜트 접착제 시장 규모는 2022년 16억 달러에서 2028년까지 7.5%의 CAGR로 2028년까지 26억 달러에 달할 것으로 예상됩니다."반응성 핫멜트 접착제는 자동차 산업에서 플라스틱 및 금속 부품을 포함한 다양한 부품을 결합하는...1. 소개 2. 조사 방법 3. 개요 4. 프리미엄 인사이트 5. 시장 개요 6. 산업 동향 7. 세계의 반응성 핫멜트 접착제 시장 규모 : 수지 종류별 8. 세계의 반응성 핫멜트 접착제 시장 규모 : 유형별 9. 세계의 반응성 핫멜트 접착제 시장 규모 : 기판별 10. 세계의 반응성 핫멜트 접착제 시장...

글로벌 CFRTP (탄소섬유 강화 열가소성 수지) 시장 예측 (~2028) : 연속 탄소 섬유, 장탄소 섬유, 단탄소 섬유
CH4875-23 / MarketsandMarkets / 2023년 11월 / "글로벌 CFRTP (탄소 섬유 강화 열가소성 수지) 시장은 2023년 89억 달러에서 2028년 168억 달러로 성장해 예측 기간 동안 연평균 13.5%의 성장률을 기록할 것으로 예상됩니다."열가소성 수지는 구조용 복합재 제품을 만들기 위해...1. 소개 2. 조사 방법 3. 개요 4. 프리미엄 인사이트 5. 시장 개요 6. 세계의 CFRTP (탄소 섬유 강화 열가소성 수지) 시장 규모 : 수지 종류별 7. 세계의 CFRTP (탄소 섬유 강화 열가소성 수지) 시장 규모 : 제품 유형별 8. 세계의 CFRTP (탄소 섬유 강화 열가소성 수지) 시장 규모 :...