PUBLISHER: BCC Research | PRODUCT CODE: 1094278
PUBLISHER: BCC Research | PRODUCT CODE: 1094278
The global market for plant-based proteins is estimated to increase from $11.8 billion in 2022 to $17.8 billion by 2027, at a compound annual growth rate (CAGR) of 8.5% from 2022 through 2027.
North American market for plant-based proteins is estimated to increase from $4.4 billion in 2022 to $6.4 billion by 2027, at a CAGR of 7.8% from 2022 through 2027.
Asia-Pacific market for plant-based proteins is estimated to increase from $2.6 billion in 2022 to $4.1 billion by 2027, at a CAGR of 9.7% from 2022 through 2027.
The report will provide an updated review of the global plant-based protein market, focusing on its source, type and application. Definitive and detailed estimates and forecasts of the global plant-based protein market are provided, followed by a detailed analysis of regions, countries and manufacturers.
The global plant-based protein market is segmented by source into soy, wheat, pea, rice, canola, potato and others. The market is segmented by type into including isolates, concentrates and others. Based on application, the market is segmented into food and beverages, infant formulation, personal care and cosmetics, animal feed, and nutrition and supplements.
The report will include a COVID-19 impact analysis on the plant-based protein market at the global level. The impact analysis will cover the impact of the pandemic on demand, supply and prices.
The market size and estimations are provided in terms of value (U.S. $millions) and volume (kilo tons), considering 2021 as a base year, and a market forecast will be provided from 2022 to 2027. Regional level market size with respect to source, type and application are provided. The impact of COVID-19 impact was factored into the marketing estimation.
The report also includes a discussion of the major players across each regional plant-based protein market. Further, it explains the major drivers and regional dynamics of the global plant-based protein market and current trends within the industry. The report concludes with a particular focus on the vendor landscape and includes detailed profiles of the major vendors in the market.
Figure A : Research Methodology for Global Market for Plant-Based Proteins