Organic Plant Based Protein Market

Organic Plant-Based Protein Market: Market Outlook

Plant-based protein is widely used the ingredient in the different food products to meet the protein demand. The organic plant-based protein is derived from a different type of organic commodities which includes the pulses, wheat, soy, and others. Organic plant-based protein is different from the plant-based protein as raw materials for organic plant-based protein is grown organically without the use of any pesticide and chemical fertilizer. Organic plant-based protein is presumed the high health beneficial protein ingredients as it doesn’t contain any of harmful chemicals. The organically grown plants contain the natural minerals and other essential nutrients whereas by using the pesticides and chemical fertilizer during the plantation, plants lose among some nutrients and minerals.

The organic plant-based protein is benefitting the health as compared to the plant-based protein. Consumer preference for organic products has also created the demand for organic plant-based protein. The organic plant-based protein is being noticed by the consumers due to increasing health consciousness buzz around the globe. Organic products consumption is creating a valuable impact on the whole food and beverage industry. The soy, wheat, pea, maize are among the organic commodities from where organic plant-based protein is derived. Since the growing production capacity of the organic commodities across the globe, the organic plant-based protein will also become the demanding ingredients in the food industry.

The veganism and organic trend is escalating the growth of organic plant-based protein

The veganism is increasingly creating a valuable impact on food consumers and t consumption of organic products is also growing rapidly. Both factors are subsequently impacting the demand for organic plant-based protein positively. The trend of veganism and organic products both are benefiting the use of organic plant-based protein. The manufacturers are also considering vegan and organic products as a growth driver in their food business. Besides, the growth in consumption of high protein diet is also among the driving factor for the global organic plant-based protein market. The consumer across the world is adopting the high protein diet as the health issue of protein deficiency is increasing. The organic plant-based protein contains all the essential amino acids which are needed to the body and complete the protein demand. Moreover, the sustainability issue and negative influence towards the animal-based products is accelerating the demand for different organic plant-based protein products. Furthermore, growing awareness regarding healthy diets is also creating the potential opportunity for the organic plant-based protein in the global market.

Global Organic Plant-Based Protein Market: Segmentation

On the basic of product type, the global organic plant-based protein market has been segmented as –

• Soy Protein
• Wheat Protein
• Pea Protein
• Others

On the basic of form, the global organic plant-based protein market has been segmented as –

• Concentrate
• Isolate
• Others

On the basic of application, the global organic plant-based protein market has been segmented as –

• Bakery
• Confectionery
• Snacks & Cereals
• Dietary Supplements
• Meat Substitutes
• Meat-based Products
• Functional Beverages
• Others

On the basic of application, the global organic plant-based protein market has been segmented as –

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• The Middle East and Africa

Global organic plant-based protein market: Key Players

Vestkorn , Farbest Brands, The Green Labs LLC., Axiom Foods, Inc, The Scoular Company, Greenway Organics (Tianjin) Co., Ltd., Bioway (Xi'an) Organic Ingredients Co. Ltd., Phyto-Therapy Pty Ltd., YT (XI’AN) Biochem Co., Ltd., Maxsun Industries, Inc. and others.

Opportunities for Market Participants in the organic plant-based protein market-

As the demand for the health beneficial protein ingredients is growing at the international level, the market participants will be getting a beneficial opportunity in the global organic plant-based protein market during the forecast period. The consumer across the world is demanding the vegan and organic products in their food products and different types of organic plant-based protein are meeting the demand of consumers which is offering the better market scenario to the manufacturers.

Global Organic Plant-Based Protein Market: Regional Outlook

Europe is leading in the global organic plant-based protein market by showing the highest value share due to the high consumption of plant based products in the region. Whereas, North America is followed by Europe is also showing the significant value share in global organic plant-based protein market and the major reason is growth in consumption of organic products in the region. However, South and East Asia are displaying the highest growth in the global organic plant-based protein market due to increasing spending on food products and change in consumer lifestyle in the regions.