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Plant Based Ingredients Market Share

Report ID: GMI3137
Published Date: Nov 2023
Report Format: PDF

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Plant Based Ingredients Market Share

Leading plant based ingredients industry players are placing targeted efforts on various growth-targeted strategies, such as partnerships, acquisitions, new product developments and capacity building to garner significant revenue sales. To cite an instance, world-known sustainable agricultural frontrunner Cargill is attempting to emerge as an inclusive protein provider by innovating in plant-based meats category with portfolio expansions and recent partnerships.

Some of the other prominent plant based ingredient providers include:

DuPont
Roquette
Dohler Group
Health Warrior
Naturex

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of plant based ingredients is expected to grow at 7.4% CAGR from 2023 to 2032, led by the growing consumer importance regarding weight management, cardiovascular health, and overall well-being.

The wheat product segment may expand at over 6.5% CAGR during 2023 to 2032, due to the rapidly expanding number of health-conscious consumers worldwide.

Europe market size is set to witness 6.5% CAGR during the forecast period, attributed to the higher preference for low-fat, multigrain and organic baked products in the region.

Some of the prominent plant based ingredient producers are Cargill, DuPont, Roquette, Dohler Group, Health Warrior, and Naturex.