Based on their nutritional content and commercial value, soybean, pea and oat have emerged as the dominant plant sources. Still, technology is key to improving protein flavor and creating new food and beverage products, or enabling them to be added to existing products.Alternative proteins will play a crucial role in meeting global protein demands and represents a lucrative opportunity for a variety of players to address unmet needs in this space.
Soy will dominate the alternative protein space for the next ten years. This protein source which is so plentiful in Minnesota has seen a compound annual growth rate of 5.1 percent and has captured more than 80 percent of the alternative protein market by 2024.
Market Analysis and Insights: Global Alternative Protein Market
The global Alternative Protein market was valued at US$ 3999.6 in 2020 and will reach US$ 5483.5 million by the end of 2027, growing at a CAGR of 5.4% during 2022-2027.
Global Alternative Protein Scope and Market Size
The global Alternative Protein market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Alternative 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), by Type and by Application for the period 2016-2027.
Segment by Type
Soybeans
Pea
Oat
Others
Segment by Application
Hypermarkets/Supermarkets
Convenience Stores
Online Retail
Others
The Alternative Protein market is analysed and market size information is provided by regions (countries). Segment by Application, the Alternative Protein market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Maple Leaf
Nestle
Campbell Soup
Archer Daniels Midland
Cargill
CHS
DowDuPont
Kerry
Nisshin Oillio
Roquette Freres
Ruchi Soya Industries
Wilmar
Soy will dominate the alternative protein space for the next ten years. This protein source which is so plentiful in Minnesota has seen a compound annual growth rate of 5.1 percent and has captured more than 80 percent of the alternative protein market by 2024.
Market Analysis and Insights: Global Alternative Protein Market
The global Alternative Protein market was valued at US$ 3999.6 in 2020 and will reach US$ 5483.5 million by the end of 2027, growing at a CAGR of 5.4% during 2022-2027.
Global Alternative Protein Scope and Market Size
The global Alternative Protein market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Alternative 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), by Type and by Application for the period 2016-2027.
Segment by Type
Soybeans
Pea
Oat
Others
Segment by Application
Hypermarkets/Supermarkets
Convenience Stores
Online Retail
Others
The Alternative Protein market is analysed and market size information is provided by regions (countries). Segment by Application, the Alternative Protein market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Maple Leaf
Nestle
Campbell Soup
Archer Daniels Midland
Cargill
CHS
DowDuPont
Kerry
Nisshin Oillio
Roquette Freres
Ruchi Soya Industries
Wilmar
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.