Plant-based Protein Powders Market Is Expected To Grow At a CAGR Of +6% By 2024 | Key Players: ADM, Cargill, DuPont, Kerry Group, Manildra, Roquette, Tereos, Axiom Foods, Cosucra
Plant-based Protein Powders –
Plant-based Protein Powders refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
The difference between the animal protein and Plant-based Protein Powders lies in the amino acid content. Animal proteins are called complete proteins because they contain all essential amino acids. Animal protein has the amino acids that the body is unable to synthesize and must be included in the diet to allow for the proper conduct of protein synthesis. Vegetable protein composition does not provide all the amino acids. Unlike animal proteins, Plant-based Protein Powders are low in fat and produce nitrogenous waste, which is the waste products of proteins, which should be less harmful to avoid overloading the kidneys.
Market Overview –
All Market Insights published a new ‘ Plant-based Protein Powders Market 2019’ Report. The Plant-based Protein Powders market will record a healthy CAGR of 6.5% in terms of revenue & expected to reach USD 6085.6 million by 2024, from USD 4434.4 million in 2019. The report covers regions like Asia-Pacific, North America, Europe, South America, and Middle East & Africa. The United States is still one of the major suppliers of Plant-based Protein Powders. There are enough raw materials like soybean, wheat, and corn in the United States. The biggest companies like Du Pont and ADM are located in the United States and they have established many branches around the world. With the huge amount of population, the demand for Plant-based Protein Powders is with large potential in China. After decades of development, Chinese Plant-based Protein Powders manufacturers have got mature technology. But the performance of a product is still has a gap with foreign products.
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Top Key Players Covered In This Report:
- Kerry Group
- Axiom Foods
- Glanbia Nutritionals
- Glico Nutrition
- Gushen Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. This study considers the Plant-based Protein Powders value generated from the sales of the following segments:
Segmentation By Product Type:
- Soy Protein
- Wheat Protein
- Pea Protein
Segmentation By Application:
- Food & Beverages
- Pharmaceuticals & Personal Care
- Animal Feed
This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.
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Table of Contents
Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Plant-based Protein Powders by Players
Chapter 4: Plant-based Protein Powders by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe
Chapter 8: Middle East & Africa
Chapter 9: Market Drivers, Challenges and Trends
Chapter 10: Marketing, Distributors, and Customer
Chapter 11: Global Plant-based Protein Powders Market Forecast
Chapter 12: Key Players Analysis
The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Plant-based Protein Powders Market. It enrolls the major industry player imperious the global Plant-based Protein Powders Market along with their contribution to the global market.
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