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Rapeseed Protein Market Analysis

  • Report ID: GMI10882
  • Published Date: Aug 2024
  • Report Format: PDF

Rapeseed Protein Market Analysis

The concentrates segment is anticipated to reach USD 5.4 billion by 2032, growing at a CAGR of over 3.2% during the forecast period. In the market, the concentrates segment refers to proteins that have been extracted and concentrated, resulting in a higher protein percentage than the original raw material. This segment has diverse applications, particularly in the food and beverage industry, where these concentrates not only enhance nutritional profiles but also improve texture. They are integral to plant-based meat alternatives, dairy substitutes, and snacks rich in protein.
 

Beyond human consumption, rapeseed protein concentrates are also utilized in animal feed, serving as a valuable protein source for livestock. The segment is witnessing growth, fueled by rising consumer demand for high-protein, plant-based diets and the industry's pursuit of efficient, sustainable protein sources.
 

Rapeseed Protein Market, By Form, (2023)

The rapeseed protein market share from powder segment will observe around 3.1% CAGR through 2032 with a market size of USD 7.3 billion. The powder segment is gaining traction, thanks to its versatility and user-friendly nature across diverse applications. With its rich protein content and functional attributes, rapeseed protein powder is finding its way into an array of food and beverage products, from protein bars and smoothies to baked goods.
 

Beyond culinary uses, it's a favored ingredient in nutritional supplements and sports nutrition items. The powder form boasts benefits such as an extended shelf life, easy storage, and seamless integration into various formulations. As the appetite for plant-based proteins surges, the powder segment is poised for growth, fueled by formulation innovations and heightened consumer awareness.
 

The rapeseed protein market share from food and beverages segment will observe around 3% CAGR through 2032 with a market size of USD 5.3 billion. In the food and beverage sector, rapeseed protein's high nutritional value and functional properties lead to its diverse applications. It's added to meat substitutes, offering a plant-based protein with an optimal amino acid profile. In baked goods, it boosts both protein content and texture.
 

Dairy alternatives, including plant-based milks and yogurts, benefit from rapeseed protein's smooth texture and nutritional advantages. Furthermore, rapeseed protein appears in snack foods and protein-enriched beverages, addressing the rising demand for health-focused and plant-based diets.
 

North America Rapeseed Protein Market Size, 2021- 2032 (USD Billion)

North America rapeseed protein market will record a market size of about USD 2.8 billion in 2032 and 2.8% CAGR during 2024 and 2032. Driven by rising consumer demand for plant-based proteins and sustainable food options, North America presents a promising landscape for the market. The region's heightened health consciousness is fueling the integration of rapeseed protein into diverse food and beverage products, from plant-based meat substitutes and protein bars to dairy alternatives.
 

Furthermore, the growing application of rapeseed protein in animal feed and nutritional supplements bolsters market expansion. Technological innovations in protein extraction and processing, along with favorable regulatory frameworks, amplify the market's prospects. With a surge in awareness and adoption of plant-based dietary choices, the North American market stands on the brink of significant growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of rapeseed protein reached USD 7.5 billion in 2023 and is set to expand at over 3.3% CAGR from 2024 to 2032, fueled by a surging demand for plant-based proteins, a trend largely propelled by health consciousness and sustainability concerns.

The concentrates segment is anticipated to reach USD 5.4 billion by 2032, driven by rising consumer demand for high-protein, plant-based diets, and the pursuit of efficient, sustainable protein sources.

North America market will record about USD 2.8 billion in 2032, led by the growing application of rapeseed protein in animal feed and nutritional supplements.

DSM, TEUTEXX, Europa Crown Ltd., GP Feeds, NapiFeryn Biotech, and Borregaard among others.

Rapeseed Protein Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 7
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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