Plant-Based Protein Market Trends Segment Analysis and Future Scope

1. Plant-Based Protein Market To Reach USD 26,721.3 Million by 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The revenue generated by the plant-based protein market was USD 11,104.3 million in the year 2020, and it will power at a rate of 9.2% by the end of this decade to reach a value of USD 26,721.3 million by 2030, as stated by a market research report by P&S Intelligence. Download sample pages https://www.psmarketresearch.com/market-analysis/plant-based-protein- market/report-sample Soybean led the industry in the recent past. This was because they are an excellent source of fat, protein and high fiber content is helpful for digestion. Hence, there is a high requirement for soybean for manufacturing protein products and are considered the best substitute for meat. Moreover, these are also used for a number of food applications, such as sausages, nutritional bars, dairy replacers and also nutritional ingredients in agriculture and livestock feed. Dry Soyabeans were used the most in the past. This had a lot to do with the fact that the dry products are convenient to cook, and easy to handle. Moreover, the requirement for dry plant-based protein is on the rise amongst millennials as they have low-calories as opposed to animal proteins, because of which they are the first-choice of fitness trainers and athletes. The food category will grow rapidly in the future. This is mainly as a result of the increasing requirement for vegan products, increasing health & wellness trends, and people changing their lifestyles. The textured category will grow the fastest in the years to come. The main reason for this is that the textured proteins are extremely nutritious and rich in protein and fiber, and it could likewise support health of the heart and protect against stroke and heart ailments. North America will dominate the plant-based protein market as a result of the evolution of consumers toward plant-based foods. This is powered by the of this report: 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. increasing emphasis of people on sustainability, food safety, personal health, immunity, and animal welfare. Furthermore, with the progression of new techs and state-of-the-art experiments in the food and beverage market, the use of plant-based protein is the most in the region, because of increase in flexitarian and vegan population. Browse the full report at: https://www.psmarketresearch.com/market- analysis/plant-based-protein-market APAC will grow the fastest in the years to come. This has a lot to do with the alterations in the customers eating habits, in the company of the increasing concern pertaining to the environment, health, and ethical issues. These issues are responsible for an increase in the vegan population, ultimately powering the consumption of the food product, which is plant-based. It is because of the growing intolerance toward animal protein in the people, and increase in consumer expenditure, the demand for plant-based protein is on the rise all over the world. The research offers market size of the global plant-based proteins market for the period 2015–2030. Market Segmentation, by Source •Soybean •Wheat •Pea •Others Market Segmentation, by Application •Food •Feed Market Segmentation, by Form •Dry •Liquid Market Segmentation, by Type •Isolated 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. •Concentrated •Textured Market Segmentation, by Region •North America Plant-Based Protein Market oBy source oBy application oBy form oBy type oBy country – U.S. and Canada •Europe Plant-Based Protein Market oBy source oBy application oBy form oBy type oBy country – France, Italy, Germany, U.K., Spain, and Rest of Europe •Asia-Pacific (APAC) Plant-Based Protein Market oBy source oBy application oBy form oBy type oBy country – China, India, Japan, South Korea, Australia, and Rest of APAC •Latin America (LATAM) Plant-Based Protein Market oBy source oBy application oBy form oBy type oBy country – Brazil, Mexico, and Rest of LATAM •Middle East and Africa (MEA) Plant-Based Protein Market oBy source oBy application oBy form oBy type oBy country – Saudi Arabia, South Africa, and Rest of MEA Market Segment Analysis of Countries •U.S. Plant-Based Protein Market oBy source oBy application oBy form oBy type •Canada Plant-Based Protein Market oBy source oBy application oBy form oBy type •Germany Plant-Based Protein Market oBy source 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

5. oBy application oBy form oBy type •France Plant-Based Protein Market oBy source oBy application oBy form oBy type •U.K. Plant-Based Protein Market oBy source oBy application oBy form oBy type •Italy Plant-Based Protein Market oBy source oBy application oBy form oBy type •Spain Plant-Based Protein Market oBy source oBy application oBy form oBy type •Japan Plant-Based Protein Market oBy source oBy application oBy form oBy type •China Plant-Based Protein Market oBy source oBy application oBy form oBy type •India Plant-Based Protein Market oBy source oBy application oBy form oBy type •Australia Plant-Based Protein Market oBy source oBy application oBy form oBy type •South Korea Plant-Based Protein Market oBy source oBy application oBy form oBy type 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

6. •Brazil Plant-Based Protein Market oBy source oBy application oBy form oBy type •Mexico Plant-Based Protein Market oBy source oBy application oBy form oBy type •Saudi Arabia Plant-Based Protein Market oBy source oBy application oBy form oBy type •South Africa Plant-Based Protein Market oBy source oBy application oBy form oBy type 6 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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