The global Alternative Proteins Market is projected to reach USD 3.89 billion by 2027, according to a recent report by Emergen Research. Over the years, there has been a growing change in diets and lifestyles that have occurred with increasing industrialization, economic development, millennials, and globalization. This is often expected to possess a substantial impact on the nutrition, health and awareness status of the worldwide population, particularly in developing countries, which has actually led to the emergence and growth of this market.
The report provides detailed insights into Alternative Proteins market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Alternative Proteins market size over the forecast period, 2020–2028. The report includes profiles of major Alternative Proteins players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Alternative Proteins market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Alternative Proteins market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Alternative Proteins market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Alternative Proteins market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Alternative Proteins market share contribution of these countries. In addition, Alternative Proteins market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Alternative Proteins Market include are:
- Key participants include Kerry Inc., DuPont de Nemours Inc., Corbion NV, Glanbia PLC, Tate & Lyle PLC, The Archer Daniels Midland Company, Ingredion Incorporated, Cargill Incorporated among others.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
For the purpose of this report, Emergen Research has segmented into the global Alternative Proteins Market on the basis of source, application and region:
- Source Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Plant Protein
- Mycoprotein
- Algal Protein
- Insect Protein
- Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Food and Beverages
- Dietary Supplements
- Animal Feed and Pet Food
- Personal Care and Cosmetic
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In terms of Alternative Proteins market share and revenue contribution to the global Alternative Proteins market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Alternative Proteins market share.
The market intelligence report on the Alternative Proteins Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Alternative Proteins industry
North America Alternative Proteins market revenue growth was relatively higher than that of other regional markets in 2020. North America Alternative Proteins market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Alternative Proteins market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Alternative Proteins market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Alternative Proteins market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Alternative Proteins market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Alternative Proteins industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Alternative Proteins market across different regions?
- Who are the major driving forces expected to decide the fate of the Alternative Proteins industry worldwide?
- Who are the prominent market players making a mark in the Alternative Proteins market with their winning strategies?
- Which Alternative Proteins industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Alternative Proteins market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Alternative Proteins Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Alternative Proteins Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2024-2028
Chapter 3. Key Insights
Chapter 4. Alternative Proteins Market Segmentation & Impact Analysis
4.1. Alternative Proteins Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Alternative Proteins Market indicators analysis
4.2.2. Alternative Proteins Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Alternative Proteins Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Alternative Proteins products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Alternative Proteins Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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