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Over $ 6 Bn growth expected in Plant-Based Protein Products Market during 2021-2025 | Technavio

Over $ 6 Bn growth expected in Plant-Based Protein Products Market during 2021-2025 | Technavio

According to Technavio, incremental growth of USD 6.04 billion is expected in the plant-based protein products market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the plant-based protein products market in optimistic, probable, and pessimistic forecast scenarios. Factors such as the expanding global vegan population base and the growing prominence of private label brands will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The plant-based protein products market is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Plant-Based Protein Products Market 2021-2025: Segmentation as below:

• Product

o Soy Protein

o Wheat Protein

o Pea Protein

o Others

• Geography

o North America

o Europe

o APAC

o South America

o MEA

Plant-Based Protein Products Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the plant-based protein products market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Archer Daniels Midland Co., Cargill Inc, DuPont de Nemours Inc., Glanbia Nutritionals Inc., Kerry Group Plc, Mann Packing Co. Inc., Omega Protein Corp., PepsiCo Inc., Tate & Lyle Plc, and The Kroger Co. The growth in organized retailing is likely to emerge as one of the primary trends in the market. However, the increasing number of product recalls may threaten the growth of the market.

Backed with competitive intelligence and benchmarking, our research report on the plant-based protein products market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Plant-Based Protein Products Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025

• Detailed information on factors that will assist plant-based protein products market growth during the next five years

• Estimation of the plant-based protein products market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behaviour

• The growth of the plant-based protein products market

• Analysis of the market's competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of plant-based protein products market vendors

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

SOURCE Technavio

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