+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

North America Plant Protein Market - Growth, Trends, and Forecast (2020 - 2025)

  • ID: 4997294
  • Report
  • June 2020
  • Region: North America
  • 90 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2020

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Avebe
  • Cargill Inc.
  • DuPont Inc.
  • Kerry Group
  • Omega Protein Corporation
  • Roquette Foods
  • MORE
The North American plant protein market is anticipated to register a CAGR of 7.11% during the forecast period, 2020-2025.
  • The new compositional research and modified high-moisture extrusion process are helping the growth of the plant protein market. For instance, plant protein-based chocolates that are free-from animal protein make up for a good demand in the market, for consumers who do not consume dairy.
  • Moreover, plant-based milk has observed a significant growth in recent years, with an increasing number of people turning to dairy-free options. This innovative product line of ready-to-eat products with no compromise in taste and texture has, in turn, boosted the overall plant protein market in the region.
Key Market Trends

Increasing Demand for Soy Protein-based Products

The soy protein segment of the North American plant protein market is propelled by demand for sports and nutrition products by athletes, bodybuilders, and recuperating patients. Additionally, the weight management category is also growing, where protein is the main constituent ingredient. A huge lactose intolerant population drives the demand for alternate dairy substitutes, such as soy protein, which characterizes North America. Furthermore, there is a substantial untapped potential for the GMO-free and clean-label based soy protein ingredients. Manufacturers are seeking eco-friendly ways of cultivating and/or sourcing soybeans to process into high quality and safe soy proteins.

The United States Holds the Largest Market Share

The demand for plant proteins is growing at a fast rate, owing to changes in lifestyle, lack of balanced dietary intake, and improved R&D to develop new kinds of plant protein-enriched products. The United States continues to capture the largest market share for plant protein, followed by Canada and Mexico. The demand for processed and low cholesterol foods has paved the way for the plant-based protein market in the region. Nowadays, consumers are switching to other alternative products, such as green label food products, coupled with the raising awareness of healthy and plant-based products, due to an increase in the availability of counterfeit products in the market.

Competitive Landscape

Companies, such as Roquette and Manitoba, are working in every possible way to reach out to customers with the broad product portfolio and distribution channels. Some of the major players in the North American plant protein market are Archer Daniels Midland, Cargill Inc., DuPont, Kerry Group, and Omega Protein Corporation, among others.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Avebe
  • Cargill Inc.
  • DuPont Inc.
  • Kerry Group
  • Omega Protein Corporation
  • Roquette Foods
  • MORE
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY
3.1 Market Overview

4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Type
5.1.1 Wheat Protein
5.1.2 Soy Protein
5.1.3 Pea Protein
5.1.4 Other Types
5.2 Form
5.2.1 Protein Isolates
5.2.2 Protein Concentrates
5.2.3 Textured Proteins
5.3 Application
5.3.1 Bakery
5.3.2 Meat Extenders and Substitutes
5.3.3 Nutritional Supplements
5.3.4 Beverages
5.3.5 Snacks
5.3.6 Other Applications
5.4 Geography
5.4.1 United States
5.4.2 Canada
5.4.3 Mexico
5.4.4 Rest of North America

6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Archer Daniels Midland Company
6.4.2 Cargill Inc.
6.4.3 DuPont Inc.
6.4.4 Kerry Group
6.4.5 Scoular Company
6.4.6 Omega Protein Corporation
6.4.7 Roquette Foods
6.4.8 Avebe

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

Loading
LOADING...

  • Archer Daniels Midland Company
  • Cargill Inc.
  • DuPont Inc.
  • Kerry Group
  • Scoular Company
  • Omega Protein Corporation
  • Roquette Foods
  • Avebe
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll