The Textured Vegetable Protein Market size is estimated to be valued at USD 1.1 billion in 2020 and is projected to reach USD 1.5 billion by 2025, recording a CAGR of 6.2%, in terms of value. The changing consumer preference and interest in vegetable protein sources, due to its nutritional profile, inclination toward clean eating, rise in health concerns, and environmental concerns, as well as animal welfare, have resulted in the growth of the alternatives, such as plant-based meat, and ingredients such as textured vegetable protein.
The North American region is the largest in the textured vegetable protein market during the forecast period. The textured vegetable protein market is driven by the rise in the detrimental effects of conventional meat production and health concerns among consumers. This has increased the demand for meat alternatives and advancements in the research & development activities to substitute traditional meat products.
The North American textured vegetable protein market is led by its various applications with respect to sustainability. Advancements in ingredient development have helped improve the adaptability of textured proteins for a wide range of food applications and are estimated to drive growth in the region.
The North American region is the largest market for textured vegetable protein, owing to the development of novel and superior quality meat alternatives, developed technologies, and higher consumer adaption to meat alternatives. The increase in processed and convenience food production and innovations in segments such as meat alternatives and cereals & snacks drives the demand for textured vegetable protein in the North American region.
With the advancement of new technologies and innovative experiments in the food and beverage sector, the usage of textured vegetable protein has been dominant in the North American market, due to rise in vegan and flexitarian population, whereas the Asia Pacific region is growing fastest owing to new technologies and increase in the export of food and beverages.
Key Market Players are ADM (US), Cargill (US), CHS (US), Roquette Freres (France), DuPont (US), Wilmar International (Singapore), The Scoular Company (US), Puris Foods (US), VestKorn (Norway), MGP Ingredients (US), Beneo GmbH (Germany), Shandong Yuxin Bio-Tech (China), FoodChem International (China), Shandong Wonderful Industrial Group (China), Axiom Foods (US), AGT Food & Ingredients (Canada), Sun NutraFoods (India), Crown Soya Protein Group (China), La Troja (Spain), and Hung Yang Foods (Taiwan).
The current report on the Plant Protein Market provides a comprehensive assessment of the business vertical and offers a comprehensive overview of the industry along with its key segments.
The report offers significant insight into key elements of the market, such as drivers, restraints, challenges, strategic expansions, market size and share, growth prospects, threats.
The report also sheds light on the factors influencing the growth of the market, particularly the ongoing COVID-19 pandemic.
The report discusses in detail the extensive impact of the COVID-19 pandemic on the supply chain, demands, trends, and overall dynamics of the Plant Protein market.
It also offers a futuristic growth outlook of the Plant Protein market in a post-COVID-19 scenario.To get a sample PDF copy of the report, visit@ https://www.reportsanddata.com/sample-enquiry-form/2368Competitive Landscape:The report offers a comprehensive overview of the competitive landscape of the market to provide an advantage to the reader.
The report also offers insights into revenue, gross profit margin, financial standing, market position, product portfolio, and other vital aspects of each player.
According to the recent report published by Research Corridor, the Global Pea Protein Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027.
The increasing demand for plant based alternatives and consumer shift towards vegan diet is further expected to propel the market.
The report titled "Pea Protein Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Pea Protein industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others.
Furthermore, the report includes detailed quantitative and qualitative analysis of the global Pea Protein market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
Browse Full report on Global Pea Protein Market report at: https://www.researchcorridor.com/pea-protein-market// The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others.
Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Market Synopsis:Market Research Future (MRFR) has published detailed report asserting that the global pea starch market size is marked to expand remarkably at a CAGR of 11.3% during the forecast period of 2018-2023 and reach the valuation of USD 165.2 Mn by the end of the forecast period form USD 86.5 Mn in 2017.
High starch content of about 40% makes peas a rich source of natural starch.
Hence, rise in popularity of the concept of dieting in order to maintain a healthy lifestyle is fueling the expansion of the global pea starch market size.
However, allergic reaction caused by peas are likely to act as restraining factor on the expansion of teh global pea starch market size during the forecast period.Access Full Report Details @ https://www.marketresearchfuture.com/reports/pea-starch-market-6736Key Players:The key players operating in the global pea starch market size are Emsland Group, Roquette Freres, Vestkorn Milling AS, Cosucra Groupe Warconing SA, Shandong Jianyuan Group, Meelunie B.V., Parrish And Heimbecker, ltd., Axiom Foods, Puris Foods, Yantai Oriental Protein Tech co., ltd., The Scoular Company, Inc., AGT Food and Ingredients, Felleskjøpet Rogaland Agder, Dakota Dry Bean and Qingdao CBH Co., Ltd.
The players in the global pea starch market size are aiming towards the expansion of their businesses through strategic mergers and acquisitions, which are also aiding them for sustaining the competitive environment of the global pea starch market size.
The industrial segment is forecasted to be the fastest growing segment in the global pea starch market owing to the increasing demand for pea starch in various end-use industries.
The global Sugar Substitutes Market is predicted to reach USD 19.1 billion in the forecast period owing to the growing customer’s preference towards the low-calorie foodstuffs.
Sugar Substitutes are the chemical or plant-based constituents that sweeten the flavor of drinks and foods.
They are also known as the “artificial sweeteners” or “non-caloric sweeteners” which are used as an ingredient in processed foods and drinks or as a tabletop sweetener like sweetening a glass of ice tea.
Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/sugar-substitutes-market/request-sample Key Players:The major players in the sugar substitutes industry are Cargill Incorporated, Tate & Lyle PLC, E. I. du Pont de Nemours and Company, Roquette Freres S.A., and Pure Circle Ltd., Ajinomoto Co. Inc., Archer Daniels Midland Company, MacAndrews & Forbes Incorporated, Ingredion Incorporation, and JK Sucralose Incorporation.
Most Sugar Substitutes are less in calorie or contain no calorie.
Especially in the beverage industry where the sweetness intensity varies from drink to drinks, sugar substitutes are extensively used.
It delivers various nutritional benefits such as gluten and lactose free solution to human body as well as it is good source of proteins and fibre.
All of these properties & nutritional value are highly responsible for growth of Global Pea Starch Market.
Food manufacturers use Pea Starch in product formulation as an alternative to remake starches that leads to its heavy usage in food industry.
Pea Starch Market Study primarily includes Market status and outlook of global and major regions.
Research report includes the extensive use of primary and secondary data sources.
Study uses both primary and secondary data sources in order to deliver precise market information.
