#Plant-based Meat market analysis

[industrynewsupdates]

Plant-based Meat Market Growth: Key Drivers and Opportunities

The global plant-based meat market size is expected to reach USD 24.77 billion by 2030, registering a CAGR of 19.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing adoption of vegan lifestyle and diet among health-conscious consumers in traditionally meat-eating developed economies are expected to drive the market growth over the forecast period.

The growing concern of consumers regarding animal welfare and greenhouse gas emission created by the distinguished practices of the meat industry, together with celebrity endorsements of vegan/vegetarian diets are projected to augment the demand for plant-based meat products in the global market.

The plant based meat is predominantly consumed in the Hotel/Restaurant/Café (HORECA) sector. Key companies in the industry are collaborating with fast-food joints and restaurant chains to promote the adoption of their products. For instance, fast-food joints such as Burger King, MacDonald’s, and Subway are launching new vegan meat products to capitalize on the industry dominated by health-conscious customers.

The plant based burgers are likely to exhibit steady growth over the upcoming years on account of rising consumer concerns regarding conventional meat products in the wake of the coronavirus pandemic. The plant-based burgers are known to offer low-gluten and low-fat contents, which makes them a highly favored product amongst health-conscious individuals.

Gather more insights about the market drivers, restrains and growth of the Plant-based Meat Market

Plant-based Meat Market Report Highlights

• The plant-based sausages are anticipated to register the fastest CAGR over the forecast period. Shifting consumer inclination towards plant-based diets and rising consumption of sausages via retail channels on account of taste, texture, and convenience are anticipated to spur product demand across the globe

• Soy accounted for the largest market revenue share of 48.0% in 2023, owing to its protein-rich content and widespread popularity

• The rising trend of a vegan diet in European countries has pushed the demand for plant-based meat products in the region. The U.K., known for a variety of fresh and high-quality meat delicacies is now home to the largest vegan population in the world

• In June 2020, Starbucks, in collaboration with Impossible Foods Inc., introduced the Impossible Breakfast Sandwich to its menu in most of its locations in the U.S. The sandwich is made with plant-based sausage and was launched as part of the Starbuck sustainability initiative to meet the rising consumer interest in the plant-based options

Plant-based Meat Market Segmentation

Grand View Research has segmented the global plant-based meat market on the basis of on source, product, type, end-use, storage, and region:

Plant-based Meat Source Outlook (Revenue, USD Million, 2018 - 2030)

• Soy

• Pea

• Wheat

• Others

Plant-based Meat Product Outlook (Revenue, USD Million, 2018 - 2030)

• Burgers

• Sausages

• Patties

• Nuggets, Tenders & Cutlets

• Grounds

• Others

Plant-based Meat Type Outlook (Revenue, USD Million, 2018 - 2030)

• Chicken

• Pork

• Beef

• Fish

• Others

Plant-based Meat End-User Outlook (Revenue, USD Million, 2018 - 2030)

• Retail

• HORECA

Plant-based Meat Storage Outlook (Revenue, USD Million, 2018 - 2030)

• Refrigerated

• Frozen

• Shelf-stable

Plant-based Meat Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Italy

o The Netherlands

• Asia Pacific

o China

o Japan

o Australia & New Zealand

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o UAE

Order a free sample PDF of the Plant-based Meat Market Intelligence Study, published by Grand View Research.

[ananya5400]

The global plant-based meat market size is estimated to valued at USD 7.9 billion in 2022 and is projected to reach USD 15.7 billion by 2027, recording a CAGR of 14.7%, in terms of value during the forecast period.

[supriyab]

The global plant-based meat market size is estimated to valued at USD 7.9 billion in 2022 and is projected to reach USD 15.7 billion by 2027, recording a CAGR of 14.7%, in terms of value during the forecast period.

[writerblogs]

Global Plant-Based Meat Market Is Estimated To Witness High Growth Owing To Health Consciousness and Growing Trend of Veganism

The global Plant-Based Meat Market is estimated to be valued at USD 5.06 Bn in 2021 and is expected to exhibit a CAGR of 19.3% over the forecast period 2022-2030.

A) Market Overview:

The Plant-Based Meat Market refers to meat substitutes that are derived from plant sources and offer a healthier and more sustainable alternative to traditional meat products. These products are widely used by individuals who follow vegetarian, vegan, or flexitarian diets, as well as those who are health-conscious and concerned about the environmental impact of meat production. Plant-based meat products provide comparable taste, texture, and nutritional value to conventional meat, making them an attractive option for consumers looking to reduce their meat consumption without compromising on flavor or protein intake.

B) Market Dynamics:

The Plant-Based Meat Market is driven by several factors. Firstly, increasing health consciousness among consumers is a key driver for the market. Plant-based meat products are lower in saturated fat, cholesterol, and calories compared to animal-based meat, making them a healthier choice for individuals looking to improve their overall well-being.

Secondly, the growing trend of veganism and vegetarianism is driving the demand for plant-based meat products. Vegan and vegetarian diets are gaining popularity due to ethical concerns regarding animal welfare and environmental sustainability. Plant-based meat allows individuals to enjoy meat-like products without the need for animal slaughter or consumption.

C) Market Key Trends:

One of the key trends in the Plant-Based Meat Market is the rise in innovative product offerings. Manufacturers are constantly developing new plant-based meat products that mimic the taste, texture, and appearance of animal-based meat. For example, Beyond Meat and Impossible Foods Inc. have launched plant-based burgers that closely resemble beef patties in taste and appearance. This trend of innovation is expected to continue, with companies exploring new plant protein sources and refining their manufacturing processes to create even more realistic meat alternatives.

D) SWOT Analysis:

Strengths:

1. Increasing health consciousness

2. Growing trend of veganism and vegetarianism

Weaknesses:

1. Higher cost compared to conventional meat

2. Limited availability of plant-based meat products in certain regions

Opportunities:

1. Growing consumer awareness about the environmental impact of meat production

2. Expansion into new markets and regions

Threats:

1. Competition from alternative protein sources, such as cultured meat and insect-based proteins

2. Negative perception and skepticism regarding the taste and quality of plant-based meat products

E) Key Takeaways:

Paragraph 1: The global Plant-Based Meat Market is expected to witness high growth, exhibiting a CAGR of 19.3% over the forecast period, due to increasing health consciousness among consumers and the growing trend of veganism and vegetarianism.

Paragraph 2: In terms of regional analysis, North America is anticipated to be the fastest-growing and dominating region in the Plant-Based Meat Market. The region has a significant consumer base seeking healthy and sustainable food options, along with a well-established distribution network for plant-based meat products.

Paragraph 3: Key players operating in the global Plant-Based Meat Market include Beyond Meat, Impossible Foods Inc., Maple Leaf Foods, Vegetarian Butcher, Conagra, Inc., Kellogg NA Co., Quorn, Amy's Kitchen, Inc., Tofurky, Gold&Green Foods Ltd., Sunfed, VBites Foods Limited, Kraft Foods, Inc., Lightlife Foods, Inc., Trader Joe's, Yves Veggie Cuisine, Marlow Foods Ltd., Ojah B.V., Moving Mountains, Eat JUST Inc., LikeMeat GmbH, GoodDot, OmniFoods, No Evil Foods, and Dr. Praeger's Sensible Foods.

In conclusion, the global Plant-Based Meat Market is poised for significant growth due to factors such as increasing health consciousness and the growing trend of veganism and vegetarianism. With innovative product offerings and expanding market opportunities, key players in the industry are well-positioned to capitalize on this upward trend.

[blogaarti]

Plant-Based Meat Market is Estimated to be Worth US$13 Bn by 2026

“According to Fairfield Market Research, the Global Plant-Based Meat Market is Expected to be worth US$13,035.6 Mn by 2026, Registering a whopping CAGR of 18.9% Between the Forecast Years of 2021 and 2026.”

 Fairfield Market Research recently released a report in one of its most attractive research domains. The report provides complete growth forecast, and analysis of global plant-based meat market, clearly highlighting solid popularity of plant-based meat product varieties among consumers worldwide. While food industry continues to be significantly influenced by trends like gluten-free, sugar-free, vegetarianism, veganism, and cruelty-free, that of plant-based products is likely to impact the dynamics of the meat analogue segment. An expanding vegan population and growing number of individuals showing preference for plant-based, and cruelty-free food and beverage products are expected to drive the growth of plant-based meat market.

 For More Industry Insight Read: https://www.fairfieldmarketresearch.com/report/plant-based-meat-market

 Expansion of Retail Provides a Fertile Ground to Plant-based Meat and Meat Products

With evolving consumer choices and the consequent trend waves created in F&B industry, brands continue to develop their competition strategies. In the light of exploding progress of retail world, a number of speciality brands are likely to be concentrating on strengthening their positioning in retail industry. As retail has been recently offering a large room to speciality product ranges that align with real-time consumer preferences, brands in categories like plant-based meat perceive retail as the most impactful, and profitable means of extending their product outreach. Leaders in retail like Nature’s Basket, and even OmniPork have been playing out as the trailblazers in plant-based meat and meat products categories at retail stores and chains.

 On the other hand, foodservice industry is also gradually embracing the plant-based meat analogues trend, thereby pushing plant-based meat market growth. Subway, and Dominos have already included the same on their menus, and several others in industry are likely to follow the suit.

 Pea Protein Bestseller, Europe Retains the Top Spot

Pea protein, being a versatile and clean-label protein source available on the market, is likely to remain the top selling product category in plant-based meat market. The report says that consumers will continue to favour pea protein as it closely matches the texture and mouthfeel of conventional meat and is widely available.

Regional analysis reveals that Europe has been witnessing an unprecedented growth in its vegan population over the recent past. The boom around plant-based trend has also been building up rapidly. The market here is projected to remain dominance and majorly benefit from the strong strategic presence of some of the largest brands active in the meat analogue segment.

 Competition Landscape – Global Plant-based Meat Market

Fairfield Market Research report on global plant-based meat market has a dedicated section for competition landscape analysis that intends to uncover some exclusive insights to help potential market participants understand the marsket better. While the plant-based meat landscape continues to witness entry of newer competitors on a frequent basis, the report has some of the most prominent ones profiled here, including Beyond Meat, Inc., OmniFoods, Conagra, Inc., Impossible Foods Inc., Maple Leaf Foods Inc., Kellogg's Company, Hormel Foods Corporation, VBites Food Limited, JBS SA, and Sunfed.

 The Global Plant-Based Meat Market is Segmented as Below:

By Source Coverage

Soy

Wheat

Pea

Others

By Meat Type Coverage

Beef

Chicken

Pork

Fish

By Sales Channel Coverage

Supermarket/     Hypermarket

Convenience     Stores

Online

Specialty     Stores

By Geographical Coverage

North America

Europe

Asia Pacific

Latin America

Middle East     & Africa

Leading Companies

Beyond Meat,     Inc

Impossible     Foods Inc

Conagra, Inc.

OmniFoods

Kellogg's     Company

Maple Leaf     Foods Inc

VBites Food     Limited

Sunfed

JBS SA

Hormel Foods     Corporation

Get Sample Copy of Plant-Based Meat Market: https://www.fairfieldmarketresearch.com/report/plant-based-meat-market/request-sample

 About Us

 Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

[agro-carnist]

ok. References: https://www.mdpi.com/2072-6643/14/23/5115

https://www.pcrm.org/news/health-nutrition/vegan-diet-better-environment-mediterranean-diet

https://www.theguardian.com/environment/2023/jul/20/vegan-diet-cuts-environmental-damage-climate-heating-emissions-study

https://www.ethicalconsumer.org/food-drink/shopping-guide/vegan-meat-alterantive-food-brands

Including books like Sustainable Living and 100 Ways to Live Sustainably.

My response under a read more since it got long

First link:

This study is not necessarily advocating for vegan or vegetarian diets, and it mentions that in the introduction. It mentions instead its evaluation of overconsumption of animal products and underconsumption of various plant sources.

The study also mentions that vegans and vegetarians tend to consume more fruits, vegetables, and legumes and in more variety, as well as fewer refined cereals, added fats and sweets, and non-water beverages. This is known as the healthy user bias. The study even mentions that "the differences in terms of health outcomes ... cannot be directly linked only to the different consumption of protein sources." Even their own analysis of various studies find that most results aren't statistically significant, and those that do have significant statistical correlation include flexitarians, pescetarians, and lacto-ovo vegetarians and exclude vegans.

Second link

This article references two different studies, "Environmental Impact of Two Plant-Based, Isocaloric and Isoproteic Diets: The Vegan Diet vs. the Mediterranean Diet" and "A Mediterranean Diet and Low-Fat Vegan Diet to Improve Body Weight and Cardiometabolic Risk Factors: A Randomized, Cross-over Trial."

For the first, this goes into one of my main complaints about dietary sustainability analysis in that the calculations are all hypothetical. It does not study if an individual's personal food choices make an impact on foods being produced. I am not arguing that livestock do not have a significant environmental impact or that agriculture does not damage the Earth. They clearly do. But I'm not a libertarian that thinks the free market will solve the ingrained issues with how food is produced.

My other issue with studies like this is that it groups all livestock together and all crops together. Cattle, chickens, fish, shellfish, goats, etc. all have a very different environmental impact. Almonds, wheat, apples, avocados, beans, rice etc. also all have very different environmental impacts. Painting agriculture with broad brushes like this is, in my opinion, not very helpful. I'm also not interested in pointing out the harmful impact of one side of agriculture while completely supporting the other side and acting like we can ignore that. I am more interested in food raised using sustainable techniques vs. industrially grown food rather than pitting animals and plants against each other as a whole. I am anti-capitalist and I do not make my food and animal activism to still be playing into capitalism. I also dislike pretending that crops and livestock are mutually exclusive industries that do not fundamentally play into each other.

As for the second study, I find this one far more interesting but I do have a few things to point out. The study does not mention what the lifestyles of the participants were before the study began, only that they were overweight. It seems to be operating under the assumption that thinner automatically means healthier, which isn't necessarily the case. But are participants normally eating tons of junk food with little fresh fruits and vegetables and then switching to more balanced diets prepared at home? Considering participants are also specifically asked to avoid sweetened drinks, processed meats and snacks, and cream and to limit cured ham and fatty cheeses, there are almost definitely other factors at play than simply meat vs plants. Second, participants attended classes taught by dieticians and physicians. Of course people would be healthier following instructions by people formally educated in health. Third, it is noted that several participants out of 52 change medications during the study, which can impact results.

Third link

See my points from link 2.

Fourth link

I like the recommendations made for vegan companies here. They suggest making some foods at home and avoiding companies that use palm oil or soy from South America as well as brands like Nestle that are famously known for damaging environments all over the world and harming people especially in poor countries. I will add though that this is harder than it looks due to brands having parents companies and Nestle owns lots and lots of companies. Which also plays into my point that personal choice is so insignificant when up against monsters like Nestle that own so much power.

In short, studies like these can provide some helpful data but they do also miss many important pieces because sustainability and nutrition are such complex topics that do not come with easy answers. I also take all studies with a grain of salt because they are all going to still work under the assumption of a capitalist world. My perspective is anti-capitalist and about an uprooting of our relationship to food and agriculture. Under a capitalist system the best we can do is harm reduction and based on trends of the food market I do not see that vegan diets make a material difference. Rather I promote choices that uplift community food, pressure changes to industry norms including legislative pressure, and socialist activism that benefits people and in turn the animals we live next to. Overproduction and overconsumption are real issues.

I'd like to offer my own studies and references but looking through these has used up all my spoons. My recommendations on books though are Braiding Sweetgrass by Robin Wall Kimmerer and Cows Save The Planet by Judith D. Schwartz.

[random-thought-depository]

Two comments on the linked damsel/knight thing, first one Something adjacent I thought about before and the second commetary on it

1) something that I think were blinded from due to the focus on modern feminist critique of it, is that the damsel in distress/ win the princess’s hand in marriage type tropes function basically as a gender flipped version of Cupid and psyche/cinderella/Rapunzel type stories, where the protagonist ( a commoner ( living in what is extreme poverty by modern standards) or sometimes lower nobility ( or can be a princess if its to a GOD) ) accomplishes difficult tasks in order to win the affections/hand in marriage of a princess/prince. This is a very simple wish fulfillment fantasy!* in which you are able to be valued ( in a affectionate/sexual , not extremely labor market related way) don’t have to work hard anymore and are no longer in danger of starving or freezing to death!

* and one I relate to even as a sort-of-fem gay guy more removed from the whole gender roles thing

2) I think it is interesting that the writer was able to separate birth mother and primary child care takers in her mind for herself, but kept writing protector/provider as one ( with the slash!), despite them being far more distinct historically. In most of History Women were the Providers. They did 80% of the calorie collection for hunter gatherers, they did the agricultural work in hoe based societies, It wasn’t only in societies that moved on to the plow that men could honestly be said to be the Primary Provider, and even then women were still producing goods ( cloth, pottery etc) that would contribute to the household economy either for There own subsistence use or to sell/barter as part of a cottage industry, and this didn’t end until industrialization ( and even after industrialization lower class women still sometimes worked! Remember the triangle shirt waist factory fire? Or the radium girls?)

Regarding the point about hunter-gatherer societies in 2), IIRC it depends on ecological context: in environments where fruit, tubers, and small game are abundant the majority of food is obtained by activities that are either women's work or not particularly gendered, but in environments where big game is the more abundant potential source of human-usable food the majority of food is obtained by big game hunting, which is mostly done by men (at least in known Homo sapiens hunter-gatherer societies). Notably, IIRC the latter kind of environment includes the Arctic tundra (I'm guessing cause there plant bioproductivity is low and Bergmann's rule favors concentration of animal biomass into big animals), which is probably the best analogy on present day Earth for the steppe-tundra/mammoth steppe and cold grasslands that covered much of Eurasia during the ice ages. Also, even if big game hunting wasn't providing the majority of the calories it might have been important as a supplementary or seasonal food source and it may have had an importance as a source of protein and other nutrients that surpassed its importance as a source of calories. But yeah, I agree, just assuming that basic physical resources net flow from men to women and children instead of net flowing from women to children and men is a big blindspot!

Also, the analysis in those posts I was talking about seemed to more-or-less just take monogamy-as-default as a given, but I don't think monogamy is well-explained by meat-provisioning or by need to protect females and immature young from violence, at least not if you extrapolate from the intellectual and political capacities of modern humans!

IIRC actual hunter-gatherer societies tend have strong norms of big game meat being shared relatively equally around the band with distribution being controlled by more-or-less consensus of the entire band. Which makes sense; a logical way to process and distribute big game is to take the carcass back to camp or gather the group around it and cut it up, this is a situation in which effective political coalitions demanding more-or-less equal distribution of the meat would develop very easily. If you're going to use sexual bonding between men and women to reinforce relatively egalitarian meat distribution controlled by consensus of the band, you're probably going to end up with some kind of ...MMMFFF... polyamory!

And I think something similar applies to protection of women and children from violence (whether violence by other humans or dangerous nonhuman animals).

An individual human man is actually quite vulnerable to organized human violence no matter how personally badass he is, because humans are really good at cooperation and even the most badass individual man is probably going to go down hard against ten times his number in much less impressive fighters with access to similar technologies of violence. If you look at what human male violence actually looks like, a lot of it is cooperative violence done by groups of men fighting for a shared cause.

Even if we're just talking about protection against unorganized murder, an individual man is not actually a particularly great defense system for a woman and her children, cause, y'know, he's gotta sleep sometime, and he's probably gotta do a bunch of other stuff that regularly takes him out of immediate physical proximity to her and her kids for significant periods of time. That woman would be much safer being guarded by a group of men, maybe in a situation of a group of men guarding a group of women and their children.

Same applies to defense against nonhuman predators, and would have applied to it really hard before the invention of projectile weapons. One man with basically a sharp stick would probably not be a very formidable opponent to a dinofelis or megantereon, and would probably get ripped up pretty efficiently by a pride of lions or a pack of Pachycrocuta brevirostris (actually, I wouldn't be surprised if before the lions and Pliestocene mega-hyenas could get him he got ripped up pretty efficiently by a pack of early Pliestocene African wild dogs that had been habituated to hunting early humans and hence had learned tactics optimized to deal with prey that presented approximately his threat profile). If you were a woman on the early Pliestocene African savanna, you'd be much safer being protected from predators by a group of men.

And if you look at how human societies actually go about protecting women and children, yeah, it's mostly coordinated cooperative efforts by groups of people.

As I touched on in my speculations about anti-predator defense and the origin of the masculine gender role, if you're going to use sexual bonding between men and women as a way to reinforce a relationship in which men protect women and children from dangerous nonhuman animals and/or hostile humans, I think you'd be more likely to end up with some kind of ...MMMFFF... polyamory!

I don't have a firm opinion on what the evolutionary impetus for human monogamishness (not a typo!) was, but I suspect it was not meat provisioning in the context of big game hunting and it was not the necessity of protecting women and children from dangerous nonhuman animals and/or hostile humans.

[coroceligueta]

Week 5 - An analogy between a trench coat and a plant-based burger

I had never thought that a trench coat and a plant-based burger could have things in common. Although the products are not similar at all, I believe that there are several commonalities between Burberry and Impossble Foods. Burberry had seen its sales and quality eroded due to a massive licensing of its products. Moreover, the lack of disciplined had left Burberry in a position in which only a very specific segment of the population - mainly older people - were willing to buy the more than 100,000 SKUs that the company had in the market. Other decisions such as selling through wholesalers that sold to unauthorized distributors were making it hard for Burberry to consolidate as a brand.

Rose Marie Bravo was able to reinvent the brand, not only by properly understanding new customer segments, such as younger people, but also by changing the "message" of the brand: Burberry offers accessible luxury that is also functional. It also made very popular campaigns with famous people such as Mario Testino and also created a high-end brand called Prorsum.

Drawing parallels to Impossible Foods, it appears that the company is facing a similar situation. I believe that Impossible Foods is not targeting the right customer segment and that customers are starting to question the quality of its products. While Impossible Foods is aiming to appeal to individuals who are concerned about the environment, it has neglected to target vegetarian individuals and those who seek healthier options. Moreover, rumors there are rumors that Impossible Foods products may not be healthy.

To address these concerns, I would suggests that Impossible Foods conduct a proper market analysis using tools such as ethnography, surveys, and focus groups. This would enable the company to identify additional customer segments it could target, much like Burberry did with younger people. In addition, I would recommend that Impossible Foods consider rebranding its products to better communicate the quality of its plant-based meat offerings. Finally, the company could replicate Burberry's successful campaigns with photographers and models by partnering with nutritionists to educate potential customers about the benefits of consuming Impossible Foods products. Impossible Foods has the opportunity to find its "sweat-spot" in the market - in the same way as Burberry did - and to reinvent the plant-based products industry. Impossible Foods will only succeed if it has enough discipline to understand the customer needs and communicates successfully the benefits of its products.

[blueweave8]

India Plant Protein Market Analysis, Growth, Report 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Plant Protein Market size by value at USD 427.9 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Plant Protein Market size to expand at a CAGR of 5.9% reaching a value of USD 629.9 million by 2030. The Plant Protein Market in India is propelled by abundant and diverse protein sources like soybeans, rice, peas, and wheat. The surge in the market growth is further amplified by the rising popularity of vegan and vegetarian lifestyles, particularly among internet-savvy youth influenced by vegan influencers. Over a million Indians have adopted plant-based diets, and younger generations increasingly opt for plant-protein-fortified foods over dairy products. A 2019 survey indicated that 63% of Indian respondents were open to replacing meat with plant-based alternatives. Companies like Evolved Foods and Schouten are introducing innovative products, such as vegan alternatives and tempeh, to meet the growing demand for plant protein.

Sample Request: https://www.blueweaveconsulting.com/report/india-plant-protein-market/report-sample

Opportunity – Government’s Increasing Support and Regulations

Government of India increasing support for alternative proteins, including plant-based proteins, presents a significant growth opportunity for the Plant Protein Market. At a recent food safety summit, Health Minister JP Nadda emphasized the need for regulatory reform to accommodate novel foods like cultivated meat, which could pave the way for broader acceptance and innovation in the sector. The Food Safety Standards and Authority of India (FSSAI) is actively working on a regulatory framework for these products, which will facilitate their market clearance. Additionally, India’s BioE3 policy, which focuses on supporting R&D and innovation in smart proteins, highlights the government’s commitment to advancing the plant-based protein industry. This policy, along with the establishment of dedicated research hubs and labs for alternative protein development, strengthens the market’s potential by addressing challenges in nutrition, price, and taste parity. With growing government interest and regulatory support, the Indian Plant Protein Market is well-positioned to expand rapidly over the forecast period.

North India Leads India Plant Protein Market

North India's strong agricultural foundation, particularly in the production of soy, wheat, and peas, positions it as the dominant player in India Plant Protein Market. The region's favorable climate, advanced irrigation systems, and government-backed farming initiatives contribute to high production levels. Coupled with a growing awareness of plant-based diets and a surge in demand for protein-enriched foods, North India's urban centers are witnessing increased adoption of plant protein products, driven by health-conscious consumers and the availability of innovative products. This trend is projected to continue, solidifying North India's dominance in India Plant Protein Market over the forecast period.

Impact of Escalating Geopolitical Tensions on India Plant Protein Market

India Plant Protein Market may face significant challenges from intensifying geopolitical tensions across the world. Disruptions in global supply chains could incentivize domestic sourcing and innovation, fostering local production and reducing reliance on international markets. However, increased tariffs, sanctions, and transportation delays could elevate production costs, and shifting consumer preferences may impact demand for plant-based products.

Competitive Landscape

India Plant Protein Market is highly fragmented, with numerous players serving the market. The key players dominating India Plant Protein Market include Conch Lifescience, Himalaya, Prime Herbonix Health Products, Chemvera Specialty Chemicals, Nutricore Biosciences, Kailash Dhanya Bhandar, Vencora Healthcare, Vv Farm, and Srimantha Medicos. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

Contact Us:

BlueWeave Consulting & Research Pvt Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

info@blueweaveconsulting.com

[industrynewsupdates]

Plant-Based Meat Market Size, Share, Growth And Analysis Report 2024 - 2030

The global plant-based meat market size was valued at USD 7.17 billion in 2023 and is expected to grow at a CAGR of 19.4% from 2024 to 2030. 

As more individuals become aware of the health risks associated with excessive consumption of red and processed meats, they are actively seeking healthier alternatives. Plant-based meats are often perceived as lower in saturated fats and cholesterol than animal-based ones, making them an attractive option for health-conscious consumers. This shift in dietary preferences is supported by a growing body of research linking plant-based diets to various health benefits, including reduced risk of chronic diseases such as heart disease, diabetes, and certain cancers.

Gather more insights about the market drivers, restrains and growth of the Plant-based Meat Market 

As plant-based products become more mainstream, they are increasingly available in various formats, from ready-to-eat meals to frozen patties and deli slices. This wide range of offerings caters to different culinary preferences and lifestyles, making it easier for consumers to incorporate plant-based options into their diets. Additionally, the rise of plant-based meat in fast-food chains and restaurants has enhanced accessibility and visibility, helping to normalize these products and attract a broader audience.

Plant-based meat is becoming an integral part of a vegan diet, wherein the adoption of a vegetarian lifestyle that is devoid of animal-based foods becomes the norm. According to Redefine Meat Ltd., there are around 80 million vegans worldwide, and the number constantly increases yearly. Consumers are inclined towards veganism for health and ethical reasons, while some other consumer groups are opting for vegetarian ingredients to avoid animal cruelty and to consume sustainable food & beverage products. Furthermore, soy as a raw material consists of all the standard (nine) amino acids, which are essential for the growth of the human body. Its ability to enhance the water absorption, solubility, emulsification, viscosity, anti-oxidation, and texture of the final product is likely to drive the demand for soy in plant-based meat products over the upcoming years.

Plant-based Meat Market Segmentation

Grand View Research has segmented the global plant-based meat market report based on source, product, type, end-use, storage, and region

Source Outlook (Revenue, USD Million, 2018 - 2030)

• Soy

• Pea

• Wheat

• Others

Product Outlook (Revenue, USD Million, 2018 - 2030)

• Burgers

• Sausages

• Patties

• Nuggets, Tenders & Cutlets

• Grounds

• Others

Type Outlook (Revenue, USD Million, 2018 - 2030)

• Chicken

• Pork

• Beef

• Fish

• Others

End-User Outlook (Revenue, USD Million, 2018 - 2030)

• Retail

• HORECA (Hotel/Restaurant/Café)

Storage Outlook (Revenue, USD Million, 2018 - 2030)

• Refrigerated Plant-based Meat

• Frozen Plant-based Meat

• Shelf-stable Plant-based Meat

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Italy

o The Netherlands

• Asia Pacific

o China

o Japan

o Australia & New Zealand

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o UAE

Browse through Grand View Research's Processed & Frozen Foods Industry Research Reports.

• The global celtic salt market size was estimated at USD 685.1 million in 2023 and is expected to grow at a CAGR of 6.0% from 2024 to 2030. 

• The global date syrup market size was estimated at USD 376.0 million in 2023 and is projected to grow at a CAGR of 6.2% from 2024 to 2030.

Key Plant-based Meat Company Insights

Some of the key companies in the plant-based meat market include Beyond Meat, Vegetarian Butcher, Amy’s Kitchen, Inc. and others.

• Beyond Meat products include Beyond Burger, designed to replicate the flavor and juiciness of beef burgers, and Beyond Sausage, which offers a similar experience to pork sausage. Additionally, they have expanded their offerings to include ground beef alternatives and various other products that cater to consumers seeking healthier and more sustainable dietary options.

• Amy’s Kitchen features an extensive line of plant-based meat alternatives that appeal to vegetarians, vegans, and flexitarians seeking healthier options. These products include veggie burgers, meatless meatballs, and various ready-to-eat meals that incorporate high-quality ingredients such as organic vegetables, grains, and legumes.

Key Plant-based Meat Companies:

The following are the leading companies in the plant-based meat market. These companies collectively hold the largest market share and dictate industry trends.

• Beyond Meat

• Impossible Foods Inc.

• Maple Leaf Foods (Field Roast & Maple Leaf)

• Vegetarian Butcher

• Conagra, Inc. (Gardein Protein International)

• Kellogg NA Co. (MorningStar Farms)

• Quorn

• Amy's Kitchen, Inc.

• Tofurky

• Gold&Green Foods Ltd.

• Sunfed

• VBites Foods Limited

• Kraft Foods, Inc.

• Lightlife Foods, Inc

• Trader Joe's

• Yves Veggie Cuisine (The Hain-Celestial Canada, ULC)

• Marlow Foods Ltd. (Cauldron)

• Ojah B.V.

• Moving Mountains

Recent Developments

• In September 2023, Novozymes A/S launched the Vertera ProBite solution, which aims to transform the plant-based meat sector. This new product enhances the texture of plant-based meat alternatives, making them more appealing to consumers who may be hesitant to switch from traditional meat products. By improving these alternatives' mouthfeel and overall sensory experience, Novozymes hopes to encourage a broader audience to embrace plant-based diets.

• In August 2023, Nestlé unveiled its first shelf-stable plant-based minced meat, marking a significant step in its commitment to expanding its vegan product offerings. This new range caters to the growing demand for meat alternatives among consumers seeking healthier and more sustainable dietary options.

• In May 2021, Charoen Pokphand Foods PCL launched its product line called “MEAT ZERO” The MEAT ZERO range aims to provide consumers with high-quality, meat-like products that are entirely plant-based, catering to the increasing number of individuals seeking healthier and more environmentally friendly dietary options.

Order a free sample PDF of the Plant-based Meat Market Intelligence Study, published by Grand View Research. 

[ananya5400]

Plant-based Meat Market Size, Share, Growth Strategies, Region, and Future Forecast 2027

The global plant-based meat market size is estimated to be valued at USD 7.9 billion in 2022 and is projected to reach USD 15.7 billion by 2027, recording a CAGR of 14.7% in terms of value during the forecast period. Plant-based meat products serve as an alternative to animal meat. The rise in consumption of plant-based meat is either due to medical reasons or lifestyle changes.

Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44922705

The food retail segment among distribution channels is estimated to have the largest market

Based on the distribution channel, the food retail segment is estimated to account for the largest share of the plant-based meat market in 2022. Food retail refers to operating retail, supermarkets, hypermarket stores, and other stores where various products, such as grocery items, vegetables, uncooked meat, and frozen products, are made available to consumers. The distribution channel is already popular among consumers worldwide due to the wide availability of various products. Therefore, this distribution channel is being used by established plant-based meat companies and startups to increase the penetration of their products in the market, making it the largest segment during the forecast period in the plant-based meat market.

The burger patties segment is projected to grow at the highest CAGR in the plant-based meat market during the forecast period

By product, the plant-based meat market is segmented into burger patties, strips & nuggets, sausages, meatballs, and other products. The other products include slices, fillets, cutlets, fingers, and crumbles. Burgers are generally very popular among consumers globally, particularly in North America. With the growing veganism trend and health consciousness, the demand for plant-based burgers is on the rise. The segment has been dominating the market historically and is expected to continue doing so during the forecast period, making it the fastest-growing product segment in the plant-based meat market.

Europe region holds the largest share in the plant-based meat market

The European plant-based meat market accounted for the largest market share in 2020. This dominance is attributed to the rising health concerns among consumers regarding meat products and the exponentially growing veganism trend in the region. Furthermore, European plant-based meat manufacturers focus on developing innovative products backed by appropriate research and development facilities available in the region. Several European retailers and supermarkets have added plant-based meat products to their product range to cater to the rising demand for plant-based meat products across the region.

Top Companies in Plant-based Meat Market

Key players in this market include Beyond Meat (US), Kellogg Company (US), Impossible Foods Inc. (US), Maple Leaf Foods (Canada), Unilever (UK), Conagra Foods (US), Tofurky (US), Gold&Green Foods Ltd (Finland), Sunfed (New Zealand), and Monde Nissin (Philippines).

Beyond Meat (US), a Delaware Corporation is one of the biggest alternative protein brands offering a portfolio of plant-based meats. The company markets the plant-based product via three categories: beef, pork, and poultry. Beyond Meats range of plant-based meat products can be categorized into four segments: Beyond Burgers, Beyond Sausage, Beyond Beef, and Beyond Beef Crumbles. The company has a wide presence in the US. Its factories are in Columbia and Missouri of the US.

Impossible Foods Inc., (us), manufactures plant-based products by observing animal products at the molecular level and selects specific proteins and nutrients from greens, seeds, and grains to recreate meat and dairy products. Impossible Foods Inc. has its first large-scale food manufacturing site located in Oakland, California. The countries where the company has its presence include the US, Canada, Hong Kong, Macau, and Singapore.

[mrunalijadhav]

Plant-based Burger Patties Market Expansion Driven by Health, Environmental, and Ethical Consumer Preferences

In recent years, the plant-based burger patties market has witnessed a remarkable surge in popularity. This growth is fueled by a combination of shifting consumer preferences, environmental concerns, and advancements in food technology. As an increasing number of consumers seek sustainable and healthier alternatives to traditional meat products, plant-based burgers have become a mainstream option, embraced by both vegetarians and meat-eaters alike.

Market Growth Drivers

Health Consciousness: Consumers are becoming more health-conscious, driving demand for alternatives that align with low-fat, low-cholesterol diets. Plant-based patties often contain fewer saturated fats than traditional beef patties, appealing to those looking to reduce the risk of heart disease and other health issues.

Environmental Sustainability: Climate change and deforestation concerns have made sustainable food choices more critical than ever. Producing plant-based patties requires significantly fewer resources—land, water, and energy—compared to animal farming, which has made them an attractive option for eco-conscious buyers.

Ethical Considerations: Animal welfare continues to play a vital role in the decision to switch to plant-based diets. Brands marketing humane and cruelty-free products resonate strongly with this audience.

Innovative Flavors and Textures: Advances in food technology have resulted in plant-based patties that mimic the taste, texture, and aroma of beef. Companies like Beyond Meat and Impossible Foods are leading the charge, continuously refining their recipes to cater to a wider audience.

Challenges in the Market

While the market is growing rapidly, it faces challenges such as:

High Production Costs: Ingredients like pea protein, soy, and mycoprotein can be expensive to process at scale.

Consumer Perceptions: Skepticism around taste and nutritional value persists, especially among meat-lovers.

Regulatory Barriers: Labeling and advertising restrictions in some regions can slow the entry of new products.

Opportunities for Growth

Expanding Demographics: Plant-based patties are no longer exclusive to vegans and vegetarians. The “flexitarian” demographic—individuals who occasionally eat plant-based meals—is driving significant growth.

Retail and Food Service Expansion: Partnerships with fast-food chains, such as Burger King’s Impossible Whopper, have brought plant-based burgers into the mainstream, providing broader visibility and acceptance.

Product Diversification: Innovation in ingredient sourcing and flavor profiles can help brands cater to regional tastes and dietary restrictions.

Emerging Markets: Countries in Asia, South America, and the Middle East are untapped markets where growing awareness of plant-based diets could lead to substantial growth.

Regional Analysis

North America: Leading the market with a high concentration of innovators and early adopters. The U.S. dominates due to the presence of key players like Beyond Meat and Impossible Foods.

Europe: Strong growth fueled by stringent environmental policies and increasing vegetarian and vegan populations.

Asia-Pacific: Rapid adoption in urban centers where younger demographics are experimenting with sustainable food options.

Middle East and Africa: Rising interest driven by the need for sustainable agriculture solutions and growing health awareness.

Future Outlook

As the plant-based burger patties market continues to evolve, the focus will likely shift toward improving affordability and nutritional content. Companies may explore novel ingredients such as algae, jackfruit, or lab-grown proteins to enhance sustainability and flavor diversity. Moreover, technological advancements in 3D food printing and artificial intelligence could revolutionize production methods, making plant-based patties more accessible and appealing to a global audience.

[shrutijadhav2139]

Vegan Protein Bar Market Analysis: Key Factors and Innovations Shaping the Future Outlook

The vegan protein bar market is experiencing significant growth, driven by evolving consumer preferences, health trends, and increasing awareness of sustainable and ethical food choices. As the demand for plant-based and protein-rich snacks rises, vegan protein bars are becoming a popular alternative to traditional snack bars, offering a healthy, convenient, and sustainable option for a wide range of consumers. This article explores the key factors influencing the vegan protein bar market and highlights innovations that are shaping the future outlook for this dynamic sector.

Key Factors Driving the Vegan Protein Bar Market

One of the primary factors driving the vegan protein bar market is the growing adoption of plant-based diets. As more people turn to vegan, vegetarian, or flexitarian lifestyles, the demand for plant-based food products, including protein bars, has surged. Vegan protein bars cater to individuals seeking convenient and nutritious snacks without animal-derived ingredients. With the rise of dietary preferences that focus on health, sustainability, and ethics, vegan protein bars offer a practical solution for those looking to avoid meat, dairy, and other animal products.

Health consciousness is another crucial driver behind the growth of the vegan protein bar market. Consumers are increasingly focusing on the nutritional value of their food, and vegan protein bars align with this trend. These bars are often made with high-quality plant-based protein sources, such as pea protein, rice protein, and hemp protein, which are considered beneficial for muscle recovery, weight management, and overall well-being. In addition, vegan protein bars often include organic, non-GMO, and gluten-free ingredients, catering to individuals with dietary restrictions and preferences for clean-label products.

Environmental sustainability plays a key role in shaping the demand for vegan protein bars. With growing concerns about the environmental impact of animal agriculture, more consumers are opting for plant-based alternatives that have a lower carbon footprint. Vegan protein bars are seen as a more sustainable option compared to animal-based protein products, as they require fewer resources and produce fewer greenhouse gas emissions.

Innovations Shaping the Vegan Protein Bar Market

As the market for vegan protein bars continues to expand, manufacturers are constantly innovating to meet consumer demand for both nutrition and taste. One of the key innovations in this space is the development of new protein sources. In addition to traditional plant-based proteins like pea, rice, and hemp, companies are exploring alternative sources such as chickpeas, pumpkin seeds, and algae. These new protein sources not only provide nutritional benefits but also cater to consumers with specific allergies or preferences.

Another innovation is the incorporation of functional ingredients that offer additional health benefits. Many vegan protein bars now contain superfoods like chia seeds, quinoa, and spirulina, as well as adaptogens such as ashwagandha and turmeric, which support stress reduction and overall wellness. The inclusion of probiotics for digestive health and other functional ingredients is a growing trend in the market, allowing brands to create products that serve multiple purposes beyond just protein intake.

Taste and texture are key factors that influence consumer choice when it comes to protein bars. While early vegan protein bars often faced challenges in delivering the same taste and texture as their non-vegan counterparts, advancements in food technology are improving the sensory experience. Manufacturers are using innovative techniques to enhance the flavor profiles and mouthfeel of vegan protein bars, ensuring they appeal to a broader audience.

Sustainability in packaging is also becoming increasingly important. Many vegan protein bar brands are adopting eco-friendly packaging solutions, such as biodegradable wrappers or recyclable materials, to align with consumers’ growing environmental concerns. This move towards sustainable packaging is expected to resonate with eco-conscious buyers who want to reduce waste and minimize their environmental impact.

Conclusion

The vegan protein bar market is poised for continued growth, driven by consumer demand for healthier, plant-based, and environmentally sustainable snack options. Key factors such as the rise of plant-based diets, health consciousness, and environmental concerns are reshaping the food industry, pushing companies to innovate and cater to evolving consumer preferences. The future outlook for the market looks promising, with continued innovations in protein sources, functional ingredients, and sustainability practices. As these trends evolve, the vegan protein bar market will remain a key player in the broader health and wellness movement, offering a convenient, nutritious, and sustainable snack choice for a diverse range of consumers.

Request Sample PDF Report: https://www.pristinemarketinsights.com/get-free-sample-and-toc?rprtdtid=NjIy&RD=Vegan-Protein-Bar-Market-Report

[exstinctionrob]

Happy Hanakwanza Everybody! As this strange and bewildering sphere rotates on it's axis around Sun , I can't help but feeling slightly apprehensive about letting loose and enjoying the spirit of festivus. Climate scientists recently released projections on ice melting at the north pole and the findings from the analysis were alarming, to say the least. If the current environmental conditions persist at their present rate than we could be living on an earth without ice at it's Northern most pole by the year 2030.

The influx of sea water on our oceans would cause untold seasonal fluctuations & weather anomolies unseen before. What's worse are the biom destructions that desimate whole food chains all to feed mankind's endless lust for consumption.ere are some simple, practical tips on how to shrink your carbon footprint:

At Home:

Reduce energy consumption: Turn off lights and electronics when not in use, unplug chargers, and consider switching to energy-efficient appliances.

Adjust your thermostat: Lower the heat in winter and raise it in summer. Even a few degrees can make a difference.

Conserve water: Take shorter showers, fix leaks, and consider installing low-flow showerheads and toilets.

Reduce waste: Recycle, compost, and avoid single-use plastics.

Eat less meat: Animal agriculture is a significant contributor to greenhouse gas emissions. Try incorporating more plant-based meals into your diet.

Buy less stuff: Consider whether you really need something before you buy it. Choose durable, long-lasting products and repair things instead of replacing them.

Transportation:

Walk, bike, or take public transportation: Whenever possible, choose these options over driving.

Drive efficiently: If you must drive, combine errands, avoid aggressive driving, and keep your tires properly inflated.

Consider a more fuel-efficient vehicle: If you're in the market for a new car, consider a hybrid or electric vehicle.

Food:

Eat local and seasonal food: This reduces the emissions associated with transporting food over long distances.

Reduce food waste: Plan your meals, store food properly, and compost food scraps.

Other:

Offset your carbon footprint: Consider purchasing carbon offsets to balance out your unavoidable emissions.

Advocate for change: Support policies and businesses that are working to reduce carbon emissions.

[global-research-report]

Pea Protein in Asia Pacific: Market Dynamics, Opportunities, and Future Outlook

The Asia Pacific pea protein market size was estimated at USD 588.1 million in 2023 and is expected to grow at a CAGR of 13.2% from 2024 to 2030. Increased consumer focus on fit and active lifestyle, substantial presence of the vegan population in India, and growing penetration of organized and e-retail are a few factors augmenting the growth of the market. Moreover, growing competition among processed food & beverage companies is driving them to incorporate novel or healthy ingredients in their product to appeal to health conscious consumer base.

The Asia Pacific pea protein market accounted for a share of 27.7% of the global pea protein market in 2023. Pea protein is a clean-label, plant-based, and lactose-free protein source, unlike whey and casein proteins. Therefore, the growing consumption of dietary supplements, as well as functional foods due to changing lifestyles, is likely to favor market growth in the coming years. Moreover, a positive outlook toward the dietary supplements market in China, India, and Japan is expected to remain a favorable factor for market growth over the forecast period.

Asia Pacific Pea Protein Market Segmentation Highlights

The pea protein isolates segment accounted for a revenue share of 49.9% in 2023. Pea protein isolates have good emulsification and non-allergic characteristics.

The other sources segment, including lentils, green peas, chickpeas, and fava beans, is expected to grow at a CAGR of 11.3% from 2024 to 2030.

The food & beverages segment dominated the market with a revenue share of 37.28% in 2023. Food & beverage manufacturers use pea protein as nutritional supplementsin energy drinks, fruit mixes, and bakery items. 

The dry pea protein segment accounted for a revenue share of 67.0% in 2023. The manufacturing of pea proteinthrough dry milling in combination with air classification helps retain the native functionality of protein ingredients.

Segments Covered in the Report

This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Asia Pacific pea protein market report based on product, form, source, application, and country:

Product Outlook (Revenue, USD Million, 2018 - 2030)

Isolates

Concentrates

Textured

Hydrolysates

Form Outlook (Revenue, USD Million, 2018 - 2030)

Dry

Wet

Source Outlook (Revenue, USD Million, 2018 - 2030)

Yellow Split Peas

Others

Application Outlook (Revenue, USD Million, 2018 - 2030)

Food & Beverages

Meat Substitutes

Bakery Goods

Dietary supplements

Beverages

Others

Personal Care & Cosmetics

Animal Feed

Others

Country Outlook (Revenue, USD Million, 2018 - 2030)

India

China

Japan

Australia & New Zealand

South Korea

Order a free sample PDF of the Asia Pacific Pea Protein Market Intelligence Study, published by Grand View Research.

[credenceresearchdotblog]

The Pulse Ingredients Market is projected to grow from USD 21785 million in 2024 to an estimated USD 32929 million by 2032, with a compound annual growth rate (CAGR) of 5.3% from 2024 to 2032. The global pulse ingredients market has been witnessing robust growth in recent years, driven by increasing consumer awareness about health, sustainability, and plant-based nutrition. Pulses, including lentils, chickpeas, beans, and peas, are rich sources of protein, fiber, and essential nutrients. As the demand for natural and functional food ingredients rises, pulse-derived products such as flours, proteins, starches, and fibers have become pivotal across multiple industries, including food, beverage, and animal feed.

Browse the full report https://www.credenceresearch.com/report/pulse-ingredients-market

Market Overview

The pulse ingredients market has expanded significantly, fueled by shifting dietary preferences and the increasing prevalence of vegetarian, vegan, and flexitarian lifestyles. Pulses are considered a sustainable and nutrient-rich food source, aligning with the global push toward reducing carbon footprints and promoting environmental sustainability. In 2022, the market size was valued at approximately USD 25 billion and is expected to grow at a compound annual growth rate (CAGR) of over 6% from 2023 to 2030.

Key Drivers of Growth

1. Health and Wellness Trends

Consumer focus on health and wellness has surged, with pulses gaining attention for their role in managing weight, improving digestion, and reducing the risk of chronic diseases such as diabetes and heart disease. Pulses are low in fat and glycemic index while being high in protein, making them ideal for health-conscious consumers.

2. Rise in Plant-Based Diets

The plant-based revolution has spurred the demand for meat and dairy alternatives, where pulse proteins such as pea protein are widely used. These ingredients provide a clean label and allergen-friendly alternative to soy and whey, catering to the growing vegan and vegetarian demographics.

3. Functional Food Applications

Pulses are increasingly utilized in functional foods due to their nutritional properties. Ingredients like pulse flours enhance protein and fiber content in baked goods, snacks, and pasta. Moreover, pulse starch is gaining traction in gluten-free products.

4. Sustainability

Pulses require less water and fertilizer compared to other crops, making them a sustainable choice in agriculture. Governments and organizations are promoting pulses as a key solution to combat food insecurity and climate change.

Applications Across Industries

Food and Beverage

Pulse ingredients are extensively used in producing bakery products, snacks, plant-based meat, dairy alternatives, and ready-to-eat meals. Pulse flours are popular for their gluten-free properties, while pulse proteins are essential in plant-based formulations.

Industrial Applications

Beyond food, pulse starches find applications in biodegradable packaging and other industrial uses, reflecting the versatility of these ingredients.

Future Outlook

The pulse ingredients market holds immense potential as consumers and industries recognize the value of these sustainable, health-promoting ingredients. With advancements in technology and growing investment in R&D, the market is poised for innovation in diverse applications. Companies are likely to focus on expanding their product portfolios, enhancing processing capabilities, and leveraging marketing strategies to capitalize on the growing demand for plant-based and sustainable foods.

Key Player Analysis:

ADM

AGT Food & Ingredients

AM Nutrition

Axiom Foods, Inc.

Cargill Inc.

Coscura

Emsland Group

Ingredion Inc.

Puris

Roquette Frères

The Scoular Company

Segmentation:

By Source 

Lentils

Peas

Chickpeas

Others

By Type 

Pulse Flour

Pulse Starch

Pulse Protein

Pulse Fiber & Grits

By Application 

Food & Beverage

Bakery & Confectionery

Snacks

Dairy

Beverages

Feed

Others

By Region

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report https://www.credenceresearch.com/report/pulse-ingredients-market

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