Europe Plant Protein Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536120
  • Report
  • Region: Europe
  • 100 pages
  • Mordor Intelligence
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  • Amway Corporation
  • Avebe Nutrition
  • Axiom Foods
  • Cargill Inc.
  • Du Pont-Danisco
  • Glanbia Plc.
  • MORE
Market Insight

The Europe plant protein market is likely to register a CAGR of 7.1%, during the forecast period, 2018-2023. The increasing number of health conscious consumers in the European Union (EU) is the key driver for the plant protein market.

Growing Application of Convenience Food

Europe is one of the potential markets for the plant protein market as consumers are inclined towards plant sourced products over animal sources, owing to the rise in the trend of veganism. High consumption of plant protein products and unavailability of protein rich feed for animals has made Europe dependent on import for plant protein ingredients. A considerable amount of the raw materials rich in plant proteins are imported in EU from US, Argentina, and Brazil to meet the domestic needs. In recent years, plant protein has started giving healthy competition to the animal protein market. Growing economy and emerging population has raised the protein demand and boosted the plant protein market in Europe. There is high support from the governments for the production and consumption of plant protein, such as soy, as they require fewer natural resources for the same protein level.

Growing Application in Beverages

Protein concentrates dominated the market with a CAGR of 6.9%, during the forecast period, 2018-2023. The Europe plant protein markethas been segmented by form, product type, and application. By form, the market has been segmented into protein concentrates, protein isolates, and textured protein. On the basis of application, the market has been segregated into bakery, beverages, nutritional supplement, meat extenders & substitutes, snacks, and others. Meat extenders and substitutes held the dominant share of the market in terms of application.

Germany on the Upfront

Europe accounted for a considerable market share of the plant protein market owing to the incorporation of plant protein ingredients in various ready to food products. Germany is one among the countries that have the highest vegan populations in the world. Germany held for the dominant market share of the market in 2017. Consumers have adapted to a high-protein, lactose-free, and easily digestible food habits. Hence, manufacturers are innovating products that meet all these requirements. France is experiencing a dietary transition, and the market in the country has seen a huge rise in the demand for plant protein in Europe.

The leading companies are focused on the expansion of their plant protein business in the local and international markets. Certain players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign markets.

Key developments
  • April 2017 - DuPont Nutrition & Health launched a product “SUPRO® XT 55” Isolated Soy protein. This product is designed specifically to improve the profitability of ready-to-drink, high protein beverages by helping beverage manufacturers more effectively manage protein cost.

Reasons to Purchase this Report
  • Analyzing outlook of the market with the recent trends and Porters five forces analysis
  • Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
  • Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report

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Note: Product cover images may vary from those shown
2 of 5


  • Amway Corporation
  • Avebe Nutrition
  • Axiom Foods
  • Cargill Inc.
  • Du Pont-Danisco
  • Glanbia Plc.
  • MORE
1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition

2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modeling
2.4.4 Expert Validation

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Porters Five Forces Analyses
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition

4. Market Segmentation
4.1 By Form
4.1.1 Protein Isolates
4.1.2 Protein Concentrates
4.1.3 Textured Protein
4.2 By Product Type
4.2.1 Wheat Protein
4.2.2 Soy Protein
4.2.3 Pea Protein
4.2.4 Others
4.3 By Application
4.3.1 Bakery
4.3.2 Meat Extenders & Substitute
4.3.3 Nutritional Supplement
4.3.4 Beverage
4.3.5 Snacks
4.3.6 Others
4.4 By Geography
4.4.1 Europe Germany UK France Spain Italy Russia Rest of Europe

5. Competitive Landscape
5.1 Most Adopted Strategies
5.2 Most Active Companies
5.3 Market Share Analysis

6. Company Profiles
6.1 Amway Corporation
6.2 Archer Daniels Midland Company
6.3 Avebe Nutrition
6.4 Axiom Foods
6.5 Cargill, Inc.
6.6 Du Pont-Danisco
6.7 Glanbia Plc
6.8 Kerry Group
6.9 Nordic Soya
6.10 Omega Protein Corporation
6.11 Roquette Foods
6.12 Scoular Company

7. Appendix
7.1 Disclaimer
Note: Product cover images may vary from those shown
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4 of 5
  • Amway Corporation
  • Archer Daniels Midland Company
  • Avebe Nutrition
  • Axiom Foods
  • Cargill Inc.
  • Du Pont-Danisco
  • Glanbia Plc.
  • Kerry Group
  • Nordic Soya
  • Omega Protein Corporation
  • Roquette Foods
  • Scoular Company
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown