Plant Derived Protein Market Report: Trends, Forecast and Competitive Analysis to 2030

Plant Derived Protein Trends and Forecast

The future of the global plant derived protein market looks promising with opportunities in the food and feed applications. The global plant derived protein market is expected to reach an estimated $20.0 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are significant adoption of veganism and health concerns such as cardiovascular diseases, increasing demand for vegan and vegetarian diets, and high availability of plant-based protein products.

A more than 150-page report is developed to help in your business decisions.

Plant Derived Protein by Segment

The study includes a forecast for the global plant derived protein by type, source, nature, application, and region.

Plant Derived Protein Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Isolates
• Concentrates
• Textured

Plant Derived Protein Market by Source [Shipment Analysis by Value from 2018 to 2030]:

• Soy
• Wheat
• Pea

Plant Derived Protein Market by Nature [Shipment Analysis by Value from 2018 to 2030]:

• Conventional
• Organic

Plant Derived Protein Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food
• Feed

Plant Derived Protein Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Plant Derived Protein Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plant derived protein companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plant derived protein companies profiled in this report include-

• ADM
• Cargill
• DuPont
• Wilmar
• Roquette Freres
• Glanbia
• Kerry
• DSM
• Ingredion
• Emsland

Plant Derived Protein Market Insights

Lucintel forecasts that organic is expected to witness highest growth over the forecast period due to demand for clean-label food and transparency.

Within this market, feed is expected to witness highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to growing population's dietary preferences towards plant-based foods and proteins in the region.

Features of the Global Plant Derived Protein Market

Market Size Estimates: Plant derived protein market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Plant derived protein market size by various segments, such as by type, source, nature, application, and region in terms of ($B).

Regional Analysis: Plant derived protein market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, sources, natures, applications, and regions for the plant derived protein market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plant derived protein market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the plant derived protein market size?

Answer: The global plant derived protein market is expected to reach an estimated $20.0 billion by 2030.

Q.2 What is the growth forecast for plant derived protein market?

Answer: The global plant derived protein market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the plant derived protein market?

Answer: The major drivers for this market are significant adoption of veganism and health concerns such as cardiovascular diseases, increasing demand for vegan and vegetarian diets, and high availability of plant-based protein products.

Q4. What are the major segments for plant derived protein market?

Answer: The future of the plant derived protein market looks promising with opportunities in the food and feed applications.

Q5. Who are the key plant derived protein market companies?

Answer: Some of the key plant derived protein companies are as follows:

• ADM
• Cargill
• DuPont
• Wilmar
• Roquette Freres
• Glanbia
• Kerry
• DSM
• Ingredion
• Emsland

Q6. Which plant derived protein market segment will be the largest in future?

Answer: Lucintel forecasts that organic is expected to witness highest growth over the forecast period due to demand for clean-label food and transparency.

Q7. In plant derived protein market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing population's dietary preferences towards plant-based foods and proteins in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the plant derived protein market by type (isolates, concentrates, and textured), source (soy, wheat, and pea), nature (conventional and organic), application (food and feed), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?