Los Angeles, CA -- (SBWire) -- 04/11/2019 --Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
United States is still one of the major suppliers of plant protein. There are enough raw materials like soybean, wheat and corn in United States. The biggest companies like Du Pont and ADM are located in United Stated and they have established many branches around the world.
With the huge amount of population, the demand of plant protein is with large potential in China. After decades of development, Chinese plant protein manufacturers have got mature technology. But the performance of product is still has a gap with foreign products.
The plant protein production in China is estimated to surpass United States in future, due to the large investment of Chinese enterprises in recent years. But the utilization in China is still low than USA and Europe. It is clear that Chinese manufacturers will provide more products to the world.
The global Plant Protein market was 4530 million US$ in 2018 and is expected to 6950 million US$ by the end of 2025, growing at a CAGR of 6.3% between 2019 and 2025.
This report studies the Plant Protein market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Plant Protein in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
By the product type, the market is primarily split into
Soy Protein
Wheat Protein
Pea Protein
Others
By the end users/application, this report covers the following segments
Food & Beverages
Pharmaceuticals & Personal Care
Animal Feed
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