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.The global Alternative Protein Substitutes market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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This report studies the Alternative Protein Substitutes market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Alternative Protein Substitutes in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Archer Daniels Midland
Ruchi Soya Industries
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Market size split by Region
Central & South America
Middle East & Africa
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