"Executive Summary Europe Plant Based Protein Market Size and Share Across Top Segments

CAGR Value : Europe plant based protein market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.0% in the forecast period of 2021 to 2028 and is expected to reach USD 7,144.70 million by 2028. 

Europe Plant Based Protein Market research report comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts. Market drivers, market restraints, opportunities and challenges are studied under the topic of market overview, which gives valuable insights to businesses for taking right moves. Additionally, the high quality Europe Plant Based Protein Market report presents a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin.

The large scale Europe Plant Based Protein Market report showcases important product developments and tracks recent acquisitions, mergers and research in the Europe Plant Based Protein Market industry by the key players. The report also takes into consideration the detailed profiles of market’s major manufacturers and importers who are dominating the market. The report comprises of all the market shares and approaches of the major competitors or the key players in the Europe Plant Based Protein Market industry. Besides, this report endows with an exhaustive study for the present and upcoming opportunities in the market which brings into light the future investment in the market. So, to achieve competitive advantage and to succeed in the market, Europe Plant Based Protein Market research report is the perfect solution.

Review comprehensive data and projections in our Europe Plant Based Protein Market report. Download now:
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Europe Plant Based Protein Market Growth Snapshot

Segments

- By Type: Soy Protein, Wheat Protein, Pea Protein, Rice Protein, Others
- By Form: Powder, Liquid
- By Application: Dietary Supplements, Food & Beverages, Animal Feed, Pharmaceuticals, Others
- By Distribution Channel: B2B, B2C

The Europe plant-based protein market is segmented by type, form, application, and distribution channel. In terms of types, soy protein dominates the market due to its high quality and versatile applications in various end-use industries. Wheat protein is also gaining traction as a gluten-free alternative, especially in the food and beverage sector. Pea protein is witnessing substantial growth owing to increasing demand for plant-based protein products. Rice protein is preferred for its hypoallergenic nature, making it suitable for individuals with food allergies. Other plant-based protein sources are also being explored for their nutritional benefits. In terms of form, powders are widely used in dietary supplements and food products, while liquid plant-based proteins are gaining popularity in beverages and sports nutrition. The application of plant-based proteins spans across dietary supplements, food and beverages, animal feed, pharmaceuticals, and other industries. Moreover, the distribution channels include business-to-business (B2B) sales for industrial applications and business-to-consumer (B2C) sales through retail stores and e-commerce platforms.

Market Players

- Roquette Frères
- Cargill, Incorporated
- DuPont de Nemours, Inc.
- Archer Daniels Midland Company
- Kerry Group
- Ingredion Incorporated
- Axiom Foods, Inc.
- Glanbia plc
- E. I. du Pont de Nemours and Company
- Sotexpro
- Cosucra Groupe Warcoing SA
- AGT Food and Ingredients
- Farbest Brands

Key market players in the Europe plant-based protein market include Roquette Frères, Cargill, DuPont de Nemours, Archer Daniels Midland, Kerry Group, Ingredion, Axiom Foods, Glanbia, Sotexpro, Cosucra Groupe Warcoing, AGT Food and Ingredients, and Farbest Brands. These companies are actively investing in research and development to introduce innovative plant-based protein products and cater to the growing demand for sustainable and healthy food options. Partnerships, collaborations, and acquisitions are also common strategies adopted by these players to expand their market presence and enhance their product portfolios. With increasing consumer awareness about the benefits of plant-based diets, the competition among market players is expected to intensify, leading to further advancements in the Europe plant-based protein market.

The Europe plant-based protein market is poised for significant growth driven by several key factors. One emerging trend is the increasing focus on sustainability and environmental concerns among consumers. With rising awareness about the impact of animal agriculture on the environment, there is a growing shift towards plant-based protein sources as a more environmentally friendly alternative. This trend is expected to drive the demand for plant-based proteins in the region, as consumers seek out products that align with their values of sustainability and ethical consumption.

Another factor driving the growth of the plant-based protein market in Europe is the rising demand for clean-label and natural products. Consumers are becoming more conscious about the ingredients in their food and are looking for products that are minimally processed and free from artificial additives. Plant-based proteins, derived from sources like soy, wheat, pea, and rice, resonate well with this clean-label trend as they are perceived as natural and healthy alternatives to traditional animal-derived proteins.

Furthermore, the increasing prevalence of health and wellness trends is also shaping the Europe plant-based protein market. With the rising rates of obesity, diabetes, and other lifestyle-related diseases in the region, consumers are increasingly turning to plant-based diets as a means to improve their health and well-being. Plant-based proteins are seen as a healthier option compared to animal proteins, as they are lower in saturated fats and cholesterol, and are rich in fiber and antioxidants, making them a popular choice among health-conscious consumers.

Moreover, the growing demand for plant-based alternatives in the food and beverage industry is driving innovation and product development in the Europe plant-based protein market. Manufacturers are introducing a wide range of plant-based protein products, including meat substitutes, dairy alternatives, and plant-based snacks, to cater to the diverse preferences of consumers. These products are not only appealing to vegans and vegetarians but also gaining acceptance among flexitarians and mainstream consumers looking to reduce their meat consumption.

In conclusion, the Europe plant-based protein market is poised for significant growth driven by factors such as sustainability concerns, clean-label trends, health and wellness awareness, and the rising demand for plant-based alternatives in the food and beverage industry. Market players are actively investing in research and development to introduce innovative products and expand their market presence, indicating a promising outlook for the plant-based protein market in Europe in the coming years.The Europe plant-based protein market is experiencing significant growth and evolution driven by various factors. One key aspect shaping the market is the increasing consumer emphasis on sustainability and environmental concerns. With growing awareness about the environmental impact of animal agriculture, consumers are shifting towards plant-based protein sources as a more sustainable and eco-friendly alternative. This trend is expected to fuel the demand for plant-based proteins in Europe, with consumers actively seeking products that align with their values of environmental consciousness and ethical consumption.

Another pivotal driver of the plant-based protein market in Europe is the surge in demand for clean-label and natural products. Consumers are increasingly mindful of the ingredients present in their food choices and are inclined towards products that are minimally processed and free from artificial additives. Plant-based proteins, sourced from soy, wheat, pea, and rice, are well-positioned to align with the clean-label trend as they are perceived as natural and wholesome substitutes for traditional animal-derived proteins.

Moreover, the prevalence of health and wellness trends is significantly impacting the Europe plant-based protein market. As lifestyle-related diseases such as obesity and diabetes continue to rise in the region, consumers are turning to plant-based diets as a means to enhance their health and overall well-being. Plant-based proteins are deemed as healthier alternatives to animal proteins due to their lower saturated fat and cholesterol content, along with their richness in fiber and antioxidants. This health-conscious consumer behavior is propelling the demand for plant-based proteins across various end-use industries.

Furthermore, the increasing demand for plant-based alternatives within the food and beverage sector is fostering innovation and product diversification in the Europe plant-based protein market. Manufacturers are introducing a wide array of plant-based protein products, including meat substitutes, dairy alternatives, and plant-based snacks, to cater to the evolving preferences of consumers. These products are not only appealing to vegans and vegetarians but are also gaining traction among flexitarians and mainstream consumers seeking to reduce their meat intake.

In summary, the Europe plant-based protein market is on a growth trajectory fueled by sustainability concerns, clean-label preferences, health and wellness awareness, and the escalating demand for plant-based alternatives in the food and beverage industry. Market players are actively engaging in research and development activities to introduce innovative products and expand their market foothold, indicating a promising outlook for the plant-based protein market in Europe in the foreseeable future.

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Global Europe Plant Based Protein Market – Segmentation & Forecast Question Templates

• What is the financial scale of the Europe Plant Based Protein Market today?
• What growth rate is the market heading toward?
• How is the Europe Plant Based Protein Market segmented in this analysis?
• Which brands or entities are Europe Plant Based Protein Market leaders?
• What have been the top recent product introductions?
• Which individual countries are profiled in the study?
• Where is the speediest growth happening by region?
• Who will likely top the market leaderboard by country?
• What region comprises the largest piece of Europe Plant Based Protein Market share?
• Where is the strongest CAGR growth expected geographically?

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