The multinational Plant Protein market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
United States is still one of the major suppliers of plant protein. There are enough raw materials like soybean, wheat and corn in United States. The biggest companies like Du Pont and ADM are located in United Stated and they have established many branches around the world.
With the huge amount of population, the demand of plant protein is with large potential in China. After decades of development, Chinese plant protein manufacturers have got mature technology. But the performance of product is still has a gap with foreign products.
The plant protein production in China is estimated to surpass United States in future, due to the large investment of Chinese enterprises in recent years. But the utilization in China is still low than USA and Europe. It is clear that Chinese manufacturers will provide more products to the world.
In the global Plant Protein market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Soy Protein
Wheat Protein
Pea Protein
Others
In market segmentation by applications :
Food & Beverages
Pharmaceuticals & Personal Care
Animal Feed
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Plant Protein market for the forecast period 2020 - 2025?
• What are the driving forces in the Plant Protein market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Plant Protein industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?