Europe Plant Protein Market - Size, Trends, Competitive Analysis and Forecasts (2018-2023)

After North America, Europe is one of the most developed regions across the globe. Most of the countries in Western Europe are highly developed and possess high economic capacity compared to the countries in Eastern Europe. The European Union helps the countries to stay in competition with the major nations across the world including U.S., Canada, China and India. The protein market in Europe has exhibited a steady growth rate since past few years. The demand of whey protein is very high due to its popularity not only among the youngsters but also among the elder population. However, rising concern about the environmental preservation and growing sympathy towards the animal farming has led to rising demand for sustainable protein sources.

Europe accounts for around 30% of plant protein market across the globe. The region is second high market share just after the North America, the market revenue of which is estimated to cross 5,897.6 million by 2023, registering at a CAGR of 7.2% during the forecast period 2018 to 2023. Germany and U.K are leading countries with highest market across the region. U.K’s plant protein market is mainly driven by growing health consciousness among the population due to increasing concern about the obesity and overweight. Moreover, youngsters in U.K. are inclining towards the supplement products to maintain fitness. These factors are also true for rapidly expanding markets in Spain and Italy.

France is also among the leading plant protein markets in the region. The food industry captures considerable plant protein market share in the country. The demand of nutritious and high quality natural protein ingredients containing baked products, confectionery items and snacks will drive the market growth. In addition, the market of meat alternative, processed food and dairy alternative would also provide considerable boost to the plant protein market. Hence, plant protein manufacturers have good opportunity to capitalize on these segments and to develop the protein products based upon the needs of consumers to capture most of the market share in France.

Germany and Netherlands are highly conscious about the preservation of environment. The population of both of these countries also advocates for the preservation of animals and shares empathy towards the industrial animal production. Considering these issues, increasing population in both of these countries are inclining towards adopting vegetarian and vegan lifestyle which resulted in rapid expansion of plant protein consumption in both the countries. Roquette Ferrers, Prinova, The Scoular Company, Euvepro and Amco Protein are some of the leading players in the industry. These companies develop variety of plant protein types including soy protein, wheat protein, rice protein. Many small and medium size companies in the Europe are involved in the protein business and are putting efforts to concentrate on the emerging protein types to stay tune with the market which will result in increase in competition in the industry in coming years.

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