U.K. is among the leading consumers of plant protein in the European region. The population in U.K. is becoming increasingly aware about the plant proteins and is highly preferring to consume sustainable food sources which will aid the plant protein market to grow further. In term of market share, U.K. represent around 18% of European plant-protein market. According to economists, the exit from EU is expected to bring economic and other related restraints in the nation. However, Government is highly committed to roll out policies that would boost the economy of the country and also favor local production. Considering the current economic trends and the effects of macro-economic factors on the buying behavior, the plant protein market is estimated to grow at the CAGR of 7.2% during the forecast period.
U.K. is one of the leading producers of soy protein, rice protein and wheat protein in the region. The popularity of soy protein across the country is very high because of high protein content and other important health advantages. The consumption of other protein types such as rice and pea is growing at a steady rate due of rich amino acid profile, allergen free and non GMO tag. Other major driver of increasing plant protein market in the country includes growing demand of gluten free and lactose free products due to rising concern about the gluten sensitivity and lactose intolerance, increasing concern towards the industrial animal farming and growing consumption dietary supplements from youngsters as well as middle aged population to maintain health, body and fitness.
The plant protein market in the country is majorly restrained by high popularity of whey protein and less development in terms of commercially viable protein extraction processes. There are many players involved in the plant proteins industry in the country. The competition among these players is dependent on the types of protein types being catered. Soy protein producer currently faces stiff competition among one another while other emerging plant proteins are challenged with customer acquisition and retention.
Key Deliverables
U.K. is one of the leading producers of soy protein, rice protein and wheat protein in the region. The popularity of soy protein across the country is very high because of high protein content and other important health advantages. The consumption of other protein types such as rice and pea is growing at a steady rate due of rich amino acid profile, allergen free and non GMO tag. Other major driver of increasing plant protein market in the country includes growing demand of gluten free and lactose free products due to rising concern about the gluten sensitivity and lactose intolerance, increasing concern towards the industrial animal farming and growing consumption dietary supplements from youngsters as well as middle aged population to maintain health, body and fitness.
The plant protein market in the country is majorly restrained by high popularity of whey protein and less development in terms of commercially viable protein extraction processes. There are many players involved in the plant proteins industry in the country. The competition among these players is dependent on the types of protein types being catered. Soy protein producer currently faces stiff competition among one another while other emerging plant proteins are challenged with customer acquisition and retention.
Key Deliverables
- Market trends since 2014 and five year forecasts of market growth
- Detailed analysis of the micro and macro elements influencing demand trends
- Identifying opportunity spaces across segments and countries
- Supply & demand side trend and analysis
- Price trend analysis, investment prospects and competition pattern
- Insights on growth potential of the market
- Detailed analysis of major producers covering financial investments & strategies adopted
- Competitive landscape of the industry
Table of Contents
1. Introduction
2. Summary
3. Industry Dynamics
4. Market Size and Forecast
5. Competitive Analysis
6. Company Profiles
Appendix
Companies Mentioned
- DuPont
- ADM
- Cargill
- Bunge
- Mead Johnson
- CHS
- Scoular
- Roquette Freres Le Romarin
- Burcon NutraScience
- MGP Ingredients
- Axiom Foods
- Tate & Lyle Plc
- Fonterra
- Kerry
- Omega Protein Corporation
- Glanbia PLC
- Beneo-Pa
