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Plant Protein Ingredients Market Share

Report ID: GMI4289
Published Date: Dec 2023
Report Format: PDF

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Plant Protein Ingredients Market Share

Major companies operating in the food plant protein ingredients industry, including Cargill, are placing targeted efforts on numerous growth-driven strategies to gain competitive benefits. In March 2023, Cargill unveiled a wide range of its offerings, under health and nutrition at AAHAAR 2023 in New Delhi. It also presented a selection of food ingredients, including its sustainable plant-based pea protein to promote digestive health.

Some of the other prominent plant protein ingredient providers for food applications include:

Axiom Food
Rouquette
Kerry
sonic Biochem
Prinova Group

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of plant protein ingredients is set to expand at 7.4% CAGR from 2023 to 2032, owing to the surging consumer preference for food healthier options worldwide.

The bakery application segment will witness over 5% CAGR through 2032, due to large number of consumers seeking plant-based alternatives to traditional baked goods.

Europe market is poised to grow at 6% CAGR till 2032, attributed to the increasing consumer preference for clean label products with natural and simple ingredients.

Some of the prominent players include Axiom Food, Rouquette, Kerry, sonic Biochem, Prinova Group, and Cargill.