There is a paradigm shift in the market, where consumers demand organic products over inorganic. Increased awareness about the benefits of using organic products has seen progressive growth in the Plant Protein Ingredient Market where plant proteins are extracts derived from the sources such as soy, protein, wheat protein, pea protein and rice protein. Plant proteins provide healthy alternatives in sectors like cosmetics and personal care, pharmaceuticals and the most importantly in food and beverage & feed sectors. Increasing consumer spending on Protein ingredients is the emerging driving factor for the plant protein ingredients market. Expansion in beverage industries and nutritional food are boosting the plant protein ingredient market. The plant protein ingredient market is estimated to grow at a CAGR of 5.4%.
The report provides various types of proteins namely: Soy Protein, Wheat protein, Pea protein, Rice protein and others. The market is analyzed based on various applications of Cosmetics and Personal Care, Pharmaceuticals, Food & Beverages and Animal Feed. Regional and country specific trends and market dynamics are also covered in the report.
Sample Companies Profiled in this Report are:
- Incorporated (U.S.)
- E. I. Du Pont De Nemours and Company (U.S.)
- Kerry Group plc. (Ireland)
- Omega Protein Corporation (U.S.)