Alternative proteins, such as plant-based meat substitutes and edible insects, provide a substantial amount of protein but require less natural inputs to produce then the most common protein sources, meat and fish. Composed of different sequences of amino acids, proteins are found in almost all whole foods. Protein is responsible for building lean body tissue and providing the elements needed for digestive enzymes. Certain plant-based proteins offer functionality but pose flavor challenges. Pea protein is becoming more popular in part because of its neutral flavor.
According to our (Global Info Research) latest study, the global Neutral Alternative Protein market size was valued at USD 6031.2 million in 2022 and is forecast to a readjusted size of USD 9318.3 million by 2029 with a CAGR of 6.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Neutral Alternative Protein key players include Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS etc. Global top five manufacturers hold a share over 30%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share over 40% percent.
In terms of product, Plant Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food & Beverage followed by Healthcare Product.
This report is a detailed and comprehensive analysis for global Neutral Alternative Protein market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Neutral Alternative Protein market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Neutral Alternative Protein market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Neutral Alternative Protein market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Neutral Alternative Protein market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Neutral Alternative Protein
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Neutral Alternative Protein market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kerry, Cargill, Archer Daniels Midland, Glanbia and CHS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Neutral Alternative Protein market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Plant Protein
Insect Protein
Algae Protein
Others
Market segment by Application
Food & Beverage
Healthcare product
Major players covered
Kerry
Cargill
Archer Daniels Midland
Glanbia
CHS
Tereos Syral
CP Kelco
Davisco
Meelunie
DuPont
MGP Ingredient
Taj Agro Product
Glico Nutrition
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Neutral Alternative Protein product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Neutral Alternative Protein, with price, sales, revenue and global market share of Neutral Alternative Protein from 2018 to 2023.
Chapter 3, the Neutral Alternative Protein competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Neutral Alternative Protein breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Neutral Alternative Protein market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Neutral Alternative Protein.
Chapter 14 and 15, to describe Neutral Alternative Protein sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Neutral Alternative Protein . Industry analysis & Market Report on Neutral Alternative Protein is a syndicated market report, published as Global Neutral Alternative Protein Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Neutral Alternative Protein market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.