A comprehensive, systematically structured research report titled “Plant-Based Proteins Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)” by Persistence Market Research enables the reader to chalk down strategies to progress with the changing pace of the global market scenario. The research report is backed up with a unique research methodology, which presents data and statistics with high precision. The global plant-based proteins market research report covers an in-depth market segmentation which covers all angles of the market thus giving a 3600 view delivering necessary value addition from a strategic standpoint.
Benefit with a unique research process
The research carried out for analyzing the plant-based proteins market follows an elite research methodology that increases the accuracy percentage by reducing the deviations to a great extent. The one of its kind research methodology follows a repetitive pattern wherein each data point of every single parameter of each and every segment is evaluated multiple times and a re-validation gives a finishing touch that offers high precision with reduced errors followed by a triangulation method that raises the aspect ratio of credibility. There is no room for miscalculations due to such a streamlined and structured research process. Managed by domain experts, the analysts have crafted the plant-based proteins market research report in such a way that it can be easily understood owing to simple yet matchless report structure.
Benefit from a global market perspective
The comprehensiveness of the global plant-based proteins market research report is due to a unique research process with which every angle present in every segment and sub-segment of the global market with respect to each sub region of all important geographies is covered, that gives a holistic touch to the research study.
The reader can get a broad idea regarding implementation of marketing strategies in order to achieve informed growth in the years to come. The geographical cover up includes intelligence on important landscapes of North America, Europe, Latin America, Asia-pacific and Middle East and Africa (MEA). Several aspects are analyzed which have an impact on the plant-based proteins market growth along with the opportunities and threats that these regions reflect. Moreover, the macroeconomic aspects, trends, drivers and challenges are also discussed in this research study.
Weighted analysis on key players
The global plant-based proteins market research report dedicates an entire research chapter on competitive intelligence, which reflects key details of various tier companies involved in the market. The details such as company overview, product portfolio, SWOT analysis, key innovations and developments, key financial intelligence of these key players have been included in the research study.
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Rising demand for clean label products to drive growth of the global plant-based proteins market
As stated by Persistence Market Research, the global plant-based proteins market is anticipated to grow at a robust rate to reach a significant value by the end of the assessment period. The plant-based proteins market has been experiencing noteworthy growth during 2012-2016 period. It is projected to grow at a value CAGR of 5.7% throughout the period of forecast to reflect a market value about US$ 16.3 Bn by the end of 2025 from a market valuation of about US$ 10.5 Bn in 2017. This growth can be attributed to the rising demand for plant-based proteins in various food & beverages, and bakery products during the period of assessment as well as rising demand for clean label products. Plant-based proteins are looked upon as healthy alternatives to dairy/animal proteins and this fact is supporting the growth of the global plant-based proteins market. Moreover, trends such as rising demand for organic-based foods and increasing demand for healthier and premium food options are indirectly influencing the growth of the global market in a positive way.
Soy protein segment to bolster its dominance during the assessment period
Soy protein segment by product type is the largest segment and is anticipated to dominate the global market by product type with respect to market value share by the end of 2025. The soy segment was valued at US$ 6.8 Bn in 2017 and is estimated to portray a value of about US$ 10.4 Bn by the end of 2025. This segment is projected to grow at a high value CAGR of 5.4% during the period of assessment 2017-2025. This segment is expected to create absolute dollar opportunity of US$ 323.5 Mn in 2017 over 2016 and an incremental dollar opportunity of US$ 3.6 Bn between 2017 and 2025.
Wheat and Pea show high growth opportunities
By product type, wheat protein and pea protein segments show good growth opportunities in the coming years. The wheat protein segment is anticipated to reach a market evaluation of about US$ 3.6 Bn by the end of 2025 from an evaluation of US$ 2.3 Bn in 2017. This segment is expected to grow at a robust CAGR of 6.1% throughout the period of forecast. The pea protein segment is an emerging one and is anticipated to project the highest growth during the entire forecast period. It is poised to register the highest CAGR of 7.0% during 2017-2025 owing to rising awareness of high nutritional value that pea proteins provide. But this segment shows less strength in terms of market revenue as compared to wheat and soy proteins segments.
Regional Outlook – Soy to say cheese
In North America region, the soy protein segment holds major share owing to the sifting consumer preference for plant protein based beverages which has resulted in the increased use of soy proteins in this region. This trend is observed in other regions also, such as Asia Pacific, Europe, Middle East and Africa and Europe. To infer, the soy protein segment by product type has been witnessing growing popularity in various regions across the globe.