The Organic Plant Protein Ingredients Market is Expected to Display a Steady Growth of 6.9% Due to the Growing Adoption

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factors are influencing the organic plant protein ingredients market over the forecast period

According to a new report published by UnivDatos Markets Insights, the Organic plant protein ingredients market was valued at more than USD XX in 2021 and is expected to grow at a CAGR of around 6.9% from 2022-2028. The analysis has been segmented into Source (Soy, Wheat, Pea, and Others); Form (Dry and Liquid); Application (Food and Beverages and Others); and Region/Country.

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The organic plant protein ingredients market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the organic plant protein ingredients market. The organic plant protein ingredients market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the organic plant protein ingredients market at the global and regional levels.

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Market Overview

Dietary proteins represent a key issue for the future regarding worldwide food security. Besides animal sources, plant proteins represent an opportunity to mainly contribute to protein demand. Recommendations for the general population are even of a greater importance for older subjects. With age, due to anabolic resistance, protein synthesis requires higher levels of circulating amino acids, in particular essential amino acids. Protein needs are also increased, and quality is of importance in athletes and people with intense physical activity. According to FAO, of the world population suffers from hunger and 1 billion people have inadequate protein in-take.

Further, in Europe, consumption of plant-based meat substitutes made up 40% of the world market in 2019 and is forecast to grow by 60% through 2025, mainly due to concerns for health, food security, and animal welfare. In the U.S. during 2019, the retail market for plant-based foods grew eight times faster than the general retail food market.

Some of the major players operating in the market include Archer Daniels Midland Company, Proeon, Cargill, Incorporated, Kerry Group plc, AMCO Proteins, The Scoular Company, AB Ingredients, Inc., Glanbia plc, Reliance Private Label Supplements, Ingredion.

COVID-19 Impact

COVID-19 has affected the market to some extent. The global organic plant protein ingredients market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on source, the market is segmented into soy, wheat, pea, and others. The pea category is to witness a higher CAGR during the forecast period due to their popularity and increasing utilization in various dietary supplements.

Despite it being a plant-based protein, pea protein is considered a "complete" protein and a good source of BCAA's (leucine, isoleucine, and valine), which promotes muscle growth. A growth in the consumption of pea protein has been mainly triggered by the sports nutrition segment where consumers positively link protein with improved sports performance.

On the basis of form, the market is categorized into dry and liquid. Among these, the liquid category is to witness the fastest CAGR during the forecast period. This form of processing involves the consumption of copious amounts of water and energy. During the extraction of the protein, the source crop is dispersed in water so that other components, such as carbohydrates, are also extracted through ultrafiltration or iso-electric precipitation. The demand for plant-based protein that is obtained through wet processing grow rapidly during the forecasted period due to growing demand for plant-based protein in the food and feed segments.

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Organic Plant Protein Ingredients Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, Australia, and the Rest of Asia-Pacific)

Rest of the World

North America will grow with a significant CAGR during the forecast period. This is mainly due to several key factors in the United States and Canada which drive the growth of organic plant protein ingredients market. Plant protein foods contribute 65% of the per capita supply of protein on a worldwide basis and 32% in the North American region. Mixtures of plant proteins can serve as a complete and well-balanced source of amino acids for meeting human physiological requirements. According to Nielsen, 55% of U.S. households state high protein is an important attribute considered when buying food. Furthermore, the exploitation of modified high-moisture extrusion processes in the industries is intensifying the growth of the organic plant protein ingredients market.

The major players targeting the market include

Archer Daniels Midland Company

Proeon

Cargill, Incorporated

Kerry Group plc

AMCO Proteins

The Scoular Company

AB Ingredients, Inc.

Glanbia plc

Reliance Private Label Supplements

Ingredion

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the organic plant protein ingredients market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

What are the latest trends, new patterns, and technological advancements in the organic plant protein ingredients market?

Which factors are influencing the organic plant protein ingredients market over the forecast period?

What are the global challenges, threats, and risks in the organic plant protein ingredients market?

Which factors are propelling and restraining the organic plant protein ingredients market?

What are the demanding global regions of the organic plant protein ingredients market?

What will be the global market size in the upcoming years?

What are the crucial market acquisition strategies and policies applied by global companies?

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