#Textured Vegetable Protein Market Research Report

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Textured Vegetable Protein Market Growth Opportunities by 2027

The textured vegetable protein market is projected to reach USD 1.9 billion by 2027, recording a CAGR of 6.9% during the forecast period. It is estimated to be valued at USD 1.4 billion in 2022. A considerable percentage of the population in western countries has shifted toward a diet with reduced meat consumption, demanding healthy and tasteful meat-free food products. Due to changes in consumption patterns among consumers, food manufacturers are emphasizing vegetable proteins, such as pulses, wheat gluten, and soy protein, which are processed into meat-like products known as meat analogues. These products mimic certain aesthetic qualities, such as texture, flavor, color, and nutritional characteristics, of specific types of meat.

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Drivers: Innovations and developments related to vegetable protein augmenting vegan trend

According to The Food Science and Health Database Organization, in 2018, “22 million UK citizens now identify as being a ‘flexitarian,’ viewed not as a fad diet, but a permanent lifestyle choice, notably most popular among highly influential millennials.” Thus, the increasing vegan and flexitarian population is expected to drive the textured vegetable protein market during the forecast period. Increased soy and wheat crop cultivation in developing regions, such as South America and Asia Pacific, has augmented the widespread cultivation of soybean and wheat grains across the globe, resulting in the availability of soy and wheat products, such as textured vegetable proteins.

Healthy Snacking Habits Driving Paradigm Shift In Consumer Behavior For Textured Proteins

Cereals and snacks represent a growing portion of the textured protein market. The growing demand for plant-based foods and vegan alternatives has led manufacturers to use textured proteins in additional application areas, such as cereals and snacks. The use of textured protein granules and flakes allows for their integration into cereals and snack products and improves their mainstream adoption among consumers. The role of textured protein in cereals and snack products has grown substantially, as they were earlier utilized as a means to improve the texture of the final product. However, with the development of new sources, including wheat and pea, the use of textured proteins has witnessed substantial growth. The current line of snack products includes faux meat products, such as vegan jerky, which is manufactured using textured soy or pea, packaged crisps, and even canned foods. Textured proteins in cereals utilize flavored flakes added to products to improve their flavor and nutritional content.

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Health Benefits Associated With Organic Textured Vegetable Protein Is Driving The Growth

Hydrated, textured vegetable protein delivers a fibrous meat-like texture with outstanding moisture retention, making it perfect for meat and meat alternative applications. Its dry form provides unique textures that characterize many of the most popular bars and snacks. The growing awareness of consumers about the availability of low-cost organic protein is a key element in the organic textured vegetable protein market. Different technologies, such as cell disruption, solubilization/precipitation, and enrichment systems, are used to obtain the protein fraction from organic soy/pea/wheat. The presence of magnesium in the organic textured wheat protein makes it beneficial for health. Magnesium helps improve the body's insulin response by drastically lowering insulin resistance. In this way, the magnesium in the organic wheat flour and zinc helps regulate blood sugar and prevent diabetes.

The key players in this market include ADM (US), Roquette Frères (France), Ingredion (US), DuPont (US), The Scoular Company (US), Beneo (Germany), Cargill, Incorporated (US), MGP (US), Shandong Yuxin Biotechnology Co. Ltd. (China), Axiom Foods, Inc., (US), Foodchem International Corporation (China), PURIS (US), Kansas Protein Foods (US), and DSM (Netherlands).

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The Business Research Company offers textured vegetable protein market research report 2023 with industry size, share, segments and market growth

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Revolutionizing Cuisine: Pioneering Innovations in Meat Substitutes for a Sustainable Future

Global Meat Substitute Market size reached USD 7.45 billion in 2023, with projections indicating that the industry revenue is likely to be USD 8.26 billion by the end of 2024. The meat substitute industry is anticipated to be valued at USD 18.78 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 12.45% between 2024 and 2031. 

This comprehensive research study on the global Meat Substitute market offers detailed analyses of market trends, prominent drivers, and future growth prospects, providing readers with an extensive understanding of the market environment necessary for informed business decisions. Covering various aspects such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants, the report equips stakeholders with actionable insights.

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Market Forecast and Trends

Precise market forecasts and identification of emerging trends enable stakeholders to anticipate the industry’s future trajectory and develop strategic tactics accordingly, providing a competitive edge in a dynamic business landscape.

Regional and Segment Analysis

The study facilitates industry participants in identifying high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information aids in devising effective marketing strategies and product lineups tailored to the preferences and needs of diverse target audiences across major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Investment and Expansion Opportunities

The research report unveils prospective areas for investment and business growth in the global Meat Substitute market, enabling strategic decision-making for readers seeking to expand into new markets or introduce new products.

Competitive Analysis

In-depth competitive analysis profiles major market competitors and evaluates their strategies, weaknesses, and market shares. Insights into top business strategies employed by key players such as partnerships, alliances, mergers, acquisitions, product innovations, and development empower industry participants to benchmark their businesses against rivals and devise winning strategies for market differentiation.

List of Key Companies in Meat Substitute Market

Cargill, Incorporated.

House Foods America Corporation

Impulse Foods

Nasoya

Roquette Frères

Taiki Bussan Co., LTD.

Tofurei Engel

Tootie’s Tempeh

DSM 

MEIJI TOFU CO.

Reasons to Purchase This Report:

Futureproof Decisions: Gain precise market forecasts and identify emerging trends to confidently navigate the future of the Meat Substitute market.

Competitive Advantage: Outperform rivals with a comprehensive competitive analysis, revealing their strategies and market share.

Growth Catalysts Exposed: Uncover the key factors driving market expansion and leverage them to propel your business forward.

Profitable Opportunities: Pinpoint high-growth regions and lucrative market segments through in-depth regional and segment analysis.

Investment Guidance: Strategically plan investments and expansions in the global Meat Substitute market with insights on potential growth areas.

Informed Decisions: Utilize precise market forecasts and in-depth analysis to make data-driven business decisions.

Market Expertise: Deepen your understanding of market trends and growth drivers for a comprehensive market landscape overview.

Actionable Insights: Gain practical takeaways from the report's competitive analysis, market sizing, and future projections.

The Global Meat Substitute Market is Segmented as:

By Type

Textured Vegetable Protein

Tempeh

Tofu

Seitan

Others

By Distribution Channel

Food Retail

Foodservice (HORECA Sector)

Online Retail

Other Retail Formats

By Region

North America

U.S.

Canada

Mexico

Europe

France

U.K.

Spain

Germany

Italy

Russia

Rest of Europe

Asia-Pacific

China

Japan

India

South Korea

Rest of Asia-Pacific

Middle East & Africa

GCC

North Africa

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

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ANTICIPATED WORTH OF TEXTURED VEGETABLE PROTEINS MARKET: $5.07 B

Meticulous Research®—a leading global market research company, published a research report titled, ‘Textured Vegetable Proteins Market by Type (Soy, Wheat, Pea), Nature (Inorganic, Organic), Form (Chunks, Slices, Flakes, Granules), Application (Meat Alternatives, Snacks Foods, Bakery, Animal Feed) - Global Forecast to 2030.’ The latest publication from Meticulous Research® indicates that the textured vegetable proteins market is poised to achieve a remarkable CAGR of 10.5% from 2023 to 2030, reaching a value of $5.07 billion by 2030. This growth trajectory is fueled by several factors including heightened demand for processed and convenient foods, the surging popularity of meat alternatives, increasing awareness about the health advantages of plant-based proteins, and substantial investments in the plant-based food sector. Additionally, factors such as a growing intolerance for animal proteins and the emergence of economies offer promising growth prospects for vendors in the textured vegetable protein space. Nevertheless, challenges such as the availability of alternative vegetable proteins and fluctuating raw material prices pose constraints on market expansion. Market Segmentation: The textured vegetable proteins market is segmented based on product type, nature, form, application, and geography. The report also includes an assessment of industry competitors and analyzes the market at both regional and country levels. Product Type: The market is segmented into soy, wheat, pea, and other types, with the soy segment expected to dominate in 2023 due to factors such as widespread adoption and lower production costs. However, the pea segment is anticipated to witness the highest growth rate during the forecast period. Nature: Segments include inorganic and organic, with the inorganic segment expected to lead in 2023, while organic textured vegetable proteins are forecasted to exhibit the highest CAGR. Form: Segments encompass chunks, slices, flakes, and granules, with the chunks segment projected to hold the largest share in 2023, although flakes are anticipated to experience the highest growth rate owing to their water retention and defatting properties. Application: The market is segmented into food & beverage, animal feed, and other applications, with the food & beverage segment expected to dominate in 2023 and exhibit the highest growth rate throughout the forecast period. Geography: North America is projected to lead the market in 2023, attributed to a well-established food and beverage industry and increasing preference for meat alternatives. However, Asia-Pacific is anticipated to register the highest CAGR, driven by a large vegetarian population and advancements in the food & beverages sector. Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5587 Key Players: The textured vegetable proteins market features moderate competition, with numerous global, regional, and local players. Some of the key players in this market include Cargill, Incorporated (U.S.), Rouquette Frères (France), Archer-Daniels-Midland Company (U.S.), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Beneo GmbH (Germany), Sotexpro (France), CHS Inc. (U.S.), Farbest Brands (U.S.), Axiom Foods Inc. (U.S.), Puris Foods (U.S.), and FoodChem International Corporation (China). Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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Plant-based Food and Beverage Market | Sustainable Types & Substitutes

While many of us associate ‘meat’ with traditional animal products such as steaks and hamburgers, the United States Department of Agriculture (USDA), responsible for regulating meat and poultry, has a distinct perspective that defines meat as skeletal muscle and edible organs (e.g. liver, tongue) sourced from cattle, sheep, swine, and goats. However, animal-based meat, primarily sourced from muscle, is associated with numerous health issues, which is pushing demand for plant-based meat substitutes. According to Triton Market Research’s report, the global plant-based food and beverage market is expected to reach $84914.17 million by 2030, growing at a CAGR of 10.91% during the forecast period.

The increasing popularity of a plant-based diet and growing awareness of meat consumption have led to higher demand. According to the International Food Information Council (IFIC), 65% of Americans surveyed have eaten meat substitutes, with 20% consuming meat-like products at least once a week.

Drivers Surging the Popularity of Plant-Based Meat Substitutes

Shift towards Veganism - The veganism trend is growing worldwide because of proven benefits, including weight loss and higher intake of key nutrients such as magnesium and folic acid. Scientific evidence shows that a vegan diet improves emotional and physical health, alleviates depression, and reduces obesity. In the United Kingdom, 46% of people aged 16 to 75 are considering cutting back on animal products. Also, 15% of consumers in the UK reported reducing or eliminating dairy consumption.

Technological advancements and increasing consumer preference for organic and non-GMO supply chains (GM) have driven the Europe plant-based food and beverage market. It is expected to grow at a CAGR of 10.91% during the forecast period.

Rise in Lactose Intolerance - Lactose intolerance, caused by the inability to digest the lactose in dairy products, results in symptoms such as abdominal pain, flatulence, etc. More than 60% of the world’s population is affected by lactose intolerance. Adults of East Asian origin are most commonly affected (70-100%), followed by Native Americans, Asians, Mediterranean region, and Jews (75-90%). Plant-based alternatives such as almond, coconut, and rice milk have fewer calories and less fat than cow’s milk while providing important nutrients that reduce the risk of diseases. The increasing focus on health and wellness has driven high demand for plant-based food and beverages.

Sustainable Plant-Based Meat Substitutes: Market by Type

Textured Vegetable Protein

Textured vegetable protein are witnessing a rapid surge, especially in meat analogs and substitutes, particularly hamburgers and sausages. The rising demand for ‘free from’ foods and clean living has further increased the popularity of the segment. The Archer-Daniels-Midland Company (ADM) has a product range of textured soy protein, with 60-80% protein, named Nutrisoy. According to Triton’s report, the textured vegetable protein segment was valued at $4522.51 million in 2022 and is expected to grow at a CAGR of 10.86% during the forecast period.

Tofu

Growing health consciousness among consumers has increased demand for plant-based protein sources. As per Triton’s analysis, the tofu segment is estimated to rise with a CAGR of 10.81% during the forecast period. Recognizing the potential, Tofoo Co has expanded its production capacity at its Yorkshire factory by about 70% by installing new equipment. On the other hand, Tofu King planned to build the largest tofu factory in the UK by 2020 to meet the growing demand.

Tempeh

Tempeh is becoming increasingly substantial due to the growing demand from vegans, vegetarians and flexitarians. It is a convenient and versatile meat alternative with high protein content, suitable for various preparation methods. There is a growing interest in natural, non-GMO, and organic foods for better health. According to Triton’s report, the tempeh segment is expected to generate revenue of $704.89 million by 2030 at a CAGR of 10.63% over the forecasted period. Innovative offerings such as Soy Bean Company’s bright white mushroom-flavored tempeh and Impulse Tempeh in the UK, which has been focused on organic production for 30 years, to sustain in such a competitive market.

Conclusion

The plant-based food and beverage market will continue to thrive, with manufacturers, from startups to dominant leaders, driving rapid innovation by developing novel and sustainable alternatives, leveraging advanced technologies, and responding to evolving consumer preferences. Also, factors such as consumer intolerance for animal protein, a growing vegan population, and increased venture investments, collectively contribute to the steady advancement and expansion of the studied market.

FAQs:

Q1: What factors create opportunities in the market?

Factors like sustainable products, recyclable packing, revolutionary manufacturing procedures, and innovation create opportunities in the plant-based food and beverage market. Q2: What geographies are studied in the market?

Europe, North America, Latin America, Asia-Pacific, Middle East & Africa. Q3: Which are the key sales channels of the plant-based food and beverage market?

The key sales channels studied in the market are offline sales channel and online sales channel.

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Plant Protein  Market will Experience Phenomenal Growth Soon

According to HTF Market Intelligence, theGlobal Plant Protein market to witness a CAGR of 5.5% during forecast period of 2024-2030. by Application (Food, Meat alternatives, Dairy alternatives, Bakery products, Performance Nutrition) by Type (Concentrates, Isolates, Textured) by Nature (Conventional, Organic) by Form (Dry, Liquid) by Source (Soy, Wheat, Pea, Other sources (canola protein, rice protein, potato protein)) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Plant Protein market size is estimated to increase by USD  Billion at a CAGR of 5.5% from 2024 to 2030.. Currently, market value is pegged at USD 13.26 Billion.

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Plant protein refers to proteins sourced from plants, such as legumes (e.g., beans, lentils, peas), grains (e.g., wheat, rice, oats), nuts (e.g., almonds, walnuts), seeds (e.g., hemp seeds, chia seeds), and certain vegetables (e.g., spinach, broccoli). These proteins are an essential part of plant-based diets and are often used as alternatives to animal-based proteins for various reasons, including health, environmental sustainability, and ethical considerations.

Some of the key players profiled in the study are Cargill (United States), DuPont (United States), Wilmar International Ltd (Singapore), Roquette Frères (France), Glanbia plc (Ireland), Kerry Group PLC (Ireland), DSM (Netherlands), Ingredion (United States), Emsland Group (Germany), PURIS (United States), COSUCRA (Belgium), Burcon NutraScience Corporation (Canada), SOTEXPRO (France), AGT Food and Ingredients (Canada), Axiom Foods, Inc. (United States), Aminola (Canada),.

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The Impact of Dehydrated Dog Food on Dental Health: Exploring the Market Trends

Introduction:

As pet owners, we strive to provide the best care for our furry companions, ensuring they receive proper nutrition and maintain optimal health. One crucial aspect often overlooked is dental health. Just like humans, dogs can suffer from dental issues that can lead to discomfort and other health problems. In recent years, the popularity of dehydrated dog food has surged, promising numerous benefits, including improved dental health. In this blog, we delve into the correlation between dehydrated dog food and dental health, while also exploring the trends in the Dehydrated Dog Food Market.

Understanding Dehydrated Dog Food:

Dehydrated dog food is a form of pet food that undergoes a dehydration process, removing moisture while retaining the essential nutrients found in raw ingredients. This preservation method ensures a longer shelf life while maintaining the nutritional integrity of the food. Dehydrated dog food often contains high-quality proteins, fruits, vegetables, and grains, offering a balanced diet for dogs of all ages and breeds.

The Link Between Dehydrated Dog Food and Dental Health:

One of the key advantages touted by proponents of dehydrated dog food is its positive impact on dental health. Unlike traditional kibble, which can be abrasive and prone to causing plaque buildup, dehydrated dog food typically has a softer texture. This softer texture is gentler on a dog's teeth and gums, reducing the risk of dental issues such as gum disease and tooth decay.

Moreover, many dehydrated dog food market contain ingredients known for their dental benefits. For example, certain fruits and vegetables like carrots and apples can help clean teeth and freshen breath naturally. Additionally, the absence of artificial preservatives and additives commonly found in processed dog food may contribute to better overall oral health.

Market Trends in the Dehydrated Dog Food Segment:

The demand for dehydrated dog food has witnessed significant growth in recent years, driven by an increasing awareness among pet owners regarding the importance of nutrition and overall well-being. According to market research reports, the Dehydrated Dog Food Market is projected to continue its upward trajectory, fueled by factors such as:

Health Consciousness: Pet owners are becoming increasingly conscious of the ingredients in their pets' food, opting for natural and minimally processed options. Dehydrated dog food aligns with this trend, as it typically contains wholesome ingredients without artificial additives.

Premiumization: Consumers are willing to invest in higher-quality pet food products that offer added health benefits. Dehydrated dog food, with its emphasis on nutrition and dental health, falls into the premium category, attracting discerning pet owners.

Convenience: Dehydrated dog food offers the convenience of easy storage, longer shelf life, and simple preparation. This appeals to busy pet owners seeking hassle-free feeding solutions without compromising on their pets' nutritional needs.

Veterinary Recommendations: Veterinarians are increasingly recommending dehydrated dog food as part of a comprehensive approach to pet health. The dental benefits associated with this type of food make it an attractive option for maintaining oral hygiene in dogs.

Conclusion:

As pet owners, ensuring the well-being of our canine companions is paramount, and dental health plays a crucial role in their overall health and happiness. Dehydrated dog food emerges as a promising option, offering not only nutritional benefits but also potential advantages for dental health. With the Dehydrated Dog Food Market poised for continued growth, pet owners can expect a wider range of options tailored to meet their pets' dietary and dental needs. Making informed choices about pet food can contribute to a lifetime of good health for our beloved furry friends.

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3D food printing Market Research to Grow a CAGR during 2023 to 2032

Market Overview

The 3D food printing market has been making significant strides in recent years, revolutionizing the way we prepare and consume food. This innovative technology combines 3D printing and food science to create intricate and customizable edible designs, making it a fascinating field with tremendous potential. In this article, we will delve into the current trends, opportunity analysis, industry segmentation, outlook, types, growth drivers, and demand dynamics of the 3D food printing market.

The 3D food printing market report has seen impressive growth due to increasing consumer demand for personalized and nutritionally optimized foods, the need for sustainable food production, and the constant drive for culinary innovation. The market is set to expand further as technology evolves and the ecosystem matures.

3D food printing Market Size was valued at USD 0.18 Billion in 2022. The 3D food printing market is projected to grow from USD 0.28 Billion in 2023 to USD 10.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 57.90% during the forecast period (2023 - 2032)

Trends and Market Opportunities

Customization and Personalization: Customization is one of the defining trends in the 3D food printing market. Consumers seek individualized food experiences, whether it's a birthday cake with a unique design, personalized nutrient profiles, or tailored dietary solutions. 3D food printing enables chefs and consumers to create and modify their food based on personal preferences, allergies, or nutritional needs.

Sustainable and Alternative Ingredients: Sustainability is a growing concern in the food industry, and 3D food printing can contribute to reducing food waste and using alternative ingredients like plant-based proteins. This trend aligns with the growing demand for eco-friendly, ethical, and plant-based food products.

Culinary Innovation: The use of 3D food printing is rapidly expanding in high-end restaurants and culinary labs. Chefs and food scientists experiment with creating visually stunning and texturally complex dishes that were previously impossible to achieve with traditional cooking methods.

Pharmaceutical and Healthcare Applications: Beyond gastronomy, 3D food printing is also making headway in the pharmaceutical and healthcare sectors. Customized food solutions for individuals with specific dietary or medical needs, such as dysphagia patients, are being developed, opening up new opportunities for the market.

In-Home 3D Food Printing: As 3D printers become more affordable and user-friendly, there is an emerging market for in-home 3D food printers. This could lead to a revolution in the way people cook and consume food, allowing for greater creativity and control over their diets.

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Industry Segmentation

The 3D food printing market can be segmented into the following categories:

Technology Type:

Extrusion-based printing

Inkjet-based printing

Binder jetting

Laser-based printing

Powder-based printing

Syringe-based printing

Food Materials:

Chocolate

Meat

Dairy

Pasta

Confectionery

Fruits and vegetables

Bakery products

Others

End Users:

Foodservice industry (restaurants, bakeries, etc.)

Residential

Healthcare

Culinary education

Others

Growth Drivers and Challenges

Growth Drivers:

Increasing consumer demand for personalized food products.

Advancements in 3D printing technology.

Sustainability concerns and the need for efficient food production.

Collaborations between food scientists and technology experts.

Expanding applications in healthcare and pharmaceuticals.

The 3D food printing market trend is experiencing a significant upward trend. As technology continues to advance, 3D food printing is becoming more accessible and innovative. This trend is driven by a growing demand for personalized and sustainable food options. Consumers are increasingly looking for customized meals, and 3D food printing allows for precise control over ingredients and portion sizes. Additionally, the technology has the potential to reduce food waste and enhance culinary creativity. As a result, the 3D food printing market is expected to continue its growth in the coming years, revolutionizing the way we prepare and consume food.

Challenges:

Cost and complexity of 3D food printers.

Regulatory and safety concerns.

Technical challenges, such as achieving the right texture and taste.

Limited consumer awareness.

Intellectual property issues related to food designs.

Market Outlook and Future Prospects

The 3D food printing market is poised for substantial growth in the coming years. As technology becomes more accessible and regulations evolve, we can expect the market to expand its footprint across various sectors. Customization, sustainability, and culinary innovation will remain key driving factors.

Key Players are:

3D Systems, Inc, Aniwaa Pte. Ltd, Barilla America, Inc, BeeHex, BIOZOON GmbH, Byflow B.V, Candyfab, Choc Edge, Dovetailed, Modern Meadow, NATURAL MACHINES, Netherlands Organization for Applied Scientific Research, ORD Solutions Inc, PancakeBot LLCPrint2Taste GmbH, and Wiiboox.

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Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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Hydrolyzed Vegetable Protein Market| Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast, 2023 – 2027

Originally published on Technavio: Hydrolyzed Vegetable Protein Market by Type, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

### **Hydrolyzed Vegetable Protein (HVP) Market Research Report**

#### **1. Executive Summary**

- Overview of the Hydrolyzed Vegetable Protein market. - Key findings and market trends. - Market growth prospects.

#### **2. Introduction**

- Definition and significance of Hydrolyzed Vegetable Protein. - Historical development and evolution in the food industry.

#### **3. Market Size and Forecast**

- Historical market size and growth. - Current market size and trends. - Future projections and factors influencing growth.

#### **4. Market Dynamics**

- Drivers of market growth (increased demand for plant-based proteins, vegetarian and vegan trends, clean label preferences). - Challenges and obstacles (allergen concerns, taste variations, competition from other protein sources). - Opportunities for market expansion (functional food applications, innovative product development, sustainable sourcing).

#### **5. Segmentation**

- Types of Hydrolyzed Vegetable Protein (soy, wheat, pea, etc.) and their market share. - Application-based segmentation (processed foods, snacks, soups, sauces, plant-based meat alternatives). - Regional segmentation and market presence.

#### **6. Competitive Landscape**

- Major Hydrolyzed Vegetable Protein producers and their market share. - SWOT analysis of key companies. - Trends in product launches, certifications, and partnerships.

#### **7. Regulatory Environment**

- Overview of regulations affecting the Hydrolyzed Vegetable Protein industry. - Compliance challenges and opportunities.

#### **8. Plant-Based Protein Trends**

- Trends in plant-based protein consumption. - Impact on product formulations, nutritional profiles, and consumer acceptance.

#### **9. Clean Label and Natural Ingredients**

- Growth and trends in clean label and natural ingredients for Hydrolyzed Vegetable Protein. - Impact on consumer trust, transparency, and labeling practices.

#### **10. Functional Food Applications**

- Trends in the use of Hydrolyzed Vegetable Protein in functional foods. - Impact on health and wellness positioning, sports nutrition, and meal replacements.

#### **11. Plant-Based Meat Alternatives**

- Trends in Hydrolyzed Vegetable Protein in plant-based meat alternatives. - Impact on taste, texture, and consumer acceptance.

#### **12. Sustainability Practices**

- Trends in sustainable sourcing and production practices. - Impact on environmental considerations, ethical sourcing, and corporate social responsibility.

#### **13. Impact of COVID-19 on the HVP Market**

- Assessment of the impact of the COVID-19 pandemic on the Hydrolyzed Vegetable Protein market. - Trends in consumer behavior shifts, supply chain disruptions, and market recovery.

#### **14. Case Studies**

- Successful implementations of Hydrolyzed Vegetable Protein in various food products. - Challenges faced by manufacturers and lessons learned.

#### **15. Future Outlook**

Emerging trends in Hydrolyzed Vegetable Protein. - Anticipated changes in consumer preferences and market dynamics.

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#### **16. Recommendations**

- Strategic recommendations for food manufacturers and suppliers. - Areas for further research and development.

#### **17. Conclusion**

- Summarize key findings. - Concluding thoughts on the future of the Hydrolyzed Vegetable Protein market.

For more information please contact.

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Latest Regulatory Trends Impacting the Wheat Protein Market

The global wheat protein market size is anticipated to reach a value of $2.5 billion by 2023 and $3.2 billion by 2028, representing a compound annual growth rate (CAGR) of 4.9% from 2023 to 2028. Owing to the increase in demand for meat-free diets, rising obesity cases resulting in demand for low-calorie foods, and consumers seeking healthy foods. Wheat gluten, being rich in proteins, is a suitable option and has boosted the demand for it in the global wheat protein market.

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What is wheat protein?

Wheat protein refers to the proteins found in wheat grains. It's a mixture of various proteins, mainly gluten and gliadin, which give wheat dough its elastic and stretchy properties. Gluten is composed of two primary proteins—gliadin and glutenin—which form when flour is mixed with water, providing the structure and texture to baked goods. However, some individuals are sensitive or allergic to wheat protein, leading to conditions like celiac disease or wheat allergies.

Driver: Increase in consumer preference for meat analogs

Various plant-based alternatives to meat products have acquired an increasingly growing market globally. Consumers demand meat alternatives that emulate the fibrous structure, texture, and mouthfeel of meat products. This has increased interest in developing plant protein-based meat alternatives globally. Rising awareness about healthy and nutritious food options among consumers has also led to a growing number of new consumer groups called "flexitarians" looking to reduce their daily meat consumption. This gradual shift in consumers' eating patterns has also led to the creation of novel products aimed at fulfilling consumer demand for meat products, which act as the perfect substitute not only for their taste but also for their high protein nutritional value. For instance, academic researchers and many small and medium-sized enterprises have successfully developed new meat alternatives under the European research project LikeMeat. The project created fibrous meat-like structures from plant proteins using an adapted cooking extrusion process, which was eventually processed into different food products.

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Adoption of plant-based meat substitutes is projected to drive demand for textured wheat protein

Textured wheat protein, also known as wheat meat, wheat gluten, or seitan, is a popular plant-based protein source used as a meat substitute for many years. A study published in the journal Foods in 2021 found that the demand for meat substitutes, including textured wheat protein, is increasing worldwide due to health, ethical, and environmental concerns associated with meat consumption. In 2019, a survey by the International Food Information Council found that 22% of US consumers reported consuming plant-based meat substitutes, including textured wheat protein, at least once a week.

Europe is expected to dominate the market during the forecast period

The consumption of wheat protein in Europe is the highest as compared to other regions. Consumers increasingly prefer plant-sourced proteins, such as wheat protein, due to the high prices of animal-sourced proteins. This has led to the growth of low-cost plant-sourced proteins, such as wheat and vegetable proteins, which act as substitutes for animal-sourced proteins.

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Germany is an attractive market for manufacturing companies as well as exporters. Bread constitutes a significant part of the baked goods sector, as it is one of the main components of the German diet. The bakery & snack industry of Germany is well-established and has a large consumer base with high purchasing power. Health-conscious consumers in this country demand nutritive baked goods without compromising on the taste of products. Key players in the bakery product industry are taking the initiative to develop and promote new products to meet this demand. In Germany, barley and wheat are predominantly used as sources for feed products.

[blueweave8]

Vietnam Plant-based Protein Market Outlook, Industry Trends, Forecast 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Vietnam plant-based protein market size at USD 46.28 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Vietnam plant-based protein market size to grow at a robust CAGR of 25.4% reaching a value of USD 225.68 million by 2029. Significant changes have been observed in the plant-based protein market in Vietnam. Several reasons are fueling the market for plant-based proteins in Vietnam. Diets based on plants are becoming more popular as people become more health-conscious and desire sustainable food sources. A growing understanding of how animal agriculture affects the environment encourages the use of plant-based proteins. Government programs and advertisements that support healthier lives further expand the market. Consumers are drawn to plant-based alternatives because of their superior flavor and texture as well as innovative product options. This segment of the food business in Vietnam is vibrant and promising due to partnerships between food producers and merchants to increase product availability and marketing efforts.

Vietnam Plant-based Protein Market – Overview

Plant-based protein refers to protein sources derived from plants, encompassing a diverse range of foods like legumes (beans, lentils), nuts, seeds, grains, and certain vegetables. These proteins are rich in essential amino acids, vital for human health and bodily functions. Plant-based diets are associated with numerous health benefits, including lower risk of chronic diseases and reduced environmental impact compared to animal-based diets. Popular plant-based protein alternatives include tofu, tempeh, seitan, and pea protein. As more people adopt vegetarian and vegan lifestyles, the demand for plant-based protein options continues to grow, driving innovation and availability in the food market.

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Impact of COVID-19 on Vietnam Plant-based Protein Market

Despite the challenges posed by the COVID-19 pandemic, Vietnam's plant-based protein market recorded significant growth. The crisis prompted shifts towards healthier diets and increased interest in sustainable food sources. Consumers, concerned about meat supply chain disruptions, turned to plant-based alternatives, boosting demand for products like tofu, tempeh, and plant-based meat substitutes. This trend aligned with the country's efforts to promote food security and reduce reliance on imports. The pandemic accelerated the adoption of plant-based diets, driving innovation and investment in the sector. Thus, Vietnam's plant-based protein market expanded, offering both economic opportunities and healthier choices.

Vietnam Plant-based Protein Market – By Source

By source, Vietnam plant-based protein market is divided into Soy, Wheat, Pea, and other sources (canola protein, rice protein, potato protein, and beans & seeds). Soy is the largest segment in the Vietnam plant-based protein market, followed by wheat, peas, and other sources. Soy protein holds the dominant position, reflecting its widespread consumption and recognition in the market. The increasing interest in plant-based diets and sustainable food sources has driven the growth of these segments, with Soy protein being the most prominent contributor to this evolving market landscape.

Competitive Landscape

Vietnam plant-based protein market is fiercely competitive. Major companies in the market include Vinamilk, NutiFood, Vissan, Viet Phu Foods, Vinasoy, Anova Corporation, Lively Food, Chayotea, Green Bia Vegan, and Minh Tâm. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Vietnam plant-based protein market.

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[research--blog]

Plant-based Meat Market to Reach $24.01 Billion by 2030

Meticulous Research®—a leading global market research company, published a research report titled, ‘Plant-based Meat Market by Type (Tofu, TVP, Tempeh, Seitan, Meatballs, Burger Patties, Nuggets, Crumbles), Source (Soy, Wheat, Pea), Distribution Channel (B2B, B2C [Convenience Store, Online Retail, Specialty Store]), and Geography - Global Forecast to 2030.’

According to this latest publication from Meticulous Research®, the global plant-based meat market is projected to reach $24.01 billion by 2030, at a CAGR of 13.9% from 2023 to 2030. The growth of the plant-based meat market is mainly attributed to the growing preference for plant-based food products, the growing vegan population, the growing focus on animal welfare, and the rising demand for alternative proteins. Furthermore, innovation in food technology and product launches by plant-based food and alternative protein manufacturers are expected to create market growth opportunities. However, consumer preference for soy and gluten-free products and significant preference for animal-based products are expected to hinder the growth of this market to some extent. Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5581?utm_source=digital-journal&utm_medium=paid&utm_term=product&utm_content=21-08-2023

Key Players

The global plant-based meat market is moderately competitive due to many large and small-sized global, regional, and local players. The key players operating in the global plant-based meat market are Beyond Meat Inc. (U.S.), Impossible Foods Inc (U.S.), The Hain Celestial Group, Inc. (U.S.), Unilever Plc (U.K.), Kellogg Company (U.S.), Lightlife Foods, Inc. (Part of Maple Leaf Foods Inc., Canada) (U.S.), Nestlé S.A. (Switzerland), Conagra Brands, Inc. (U.S.), Taifun–Tofu GmbH (Germany), Atlantic Natural Foods LLC (U.S.), VBites Food Ltd (U.K.), Sunfed Meats (New Zealand), Quorn Foods (U.K.), Ojah B.V. (Netherlands), and The Kraft Heinz Company (U.S.).

The plant-based meat market study presents historical market data in terms of value (2021 and 2022), estimated current data (2023), and forecasts for 2030. This market is segmented by type (tofu, textured vegetable protein (TVP), burger patties, tempeh, hot dogs and sausages, seitan, meatballs, ground meat, nuggets, crumbles, shreds, other plant-based meat), by source (soy, wheat, pea, other sources), by distribution channel (business to business, business to consumers [morden groceries, convenience store, specialty store, online retail, others]) and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels. Have Any Query? Ask To Analyst:  https://www.meticulousresearch.com/speak-to-analyst/cp_id=5581

Among all the types studied in this report, the tofu segment is expected to account for the largest share of the global plant-based meat market in 2023. The large market share of this segment is attributed to the increasing adoption due to its lower cost, easy availability, and high protein content with all the essential amino acids. In addition, the rising health and wellness trend is further expected to boost the demand for this segment.

Among all the sources studied in this report, the pea segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to its high protein content, the rising number of investments from leading manufacturers to increase pea protein production, and increasing consumer desire. In addition, peas are allergen-free, gluten-free, and lactose-free, which further increases the demand for pea-based meat.

Among all the distribution channels studied in this report, the business-to-consumer population segment is expected to account for the largest share of the plant-based meat market in 2023. The large market share of this segment is attributed to factors such as increasing e-commerce, increased plant-based food sales in well-established supermarkets and hypermarket chains, and increasing consumer expenses on vegan food products.

Among all the regions studied in this report, in 2023, North America is expected to account for the largest share of the plant-based meat market. The large market share of this region is attributed to the high awareness regarding the importance of protein-rich diets, rising consumer awareness of the risks associated with consuming contaminated meat goods, and rising investments in the plant-based meat sector.

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Key Questions Answered in the Report-

What is the current revenue value generated by the global plant-based meat market?

At what rate is the global plant-based meat demand projected to grow for the next 5-7 years?

What are the historical market sizes and growth rates of the global plant-based meat market?

What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?

Which segments in terms of type, source, and distribution channel create major traction for the manufacturers in this market?

What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the plant-based meat market?

Who are the major players in the global plant-based meat market? What are their specific product offerings in this market?

What are the recent strategic developments in the global plant-based meat market? What are the impacts of these strategic developments on the market?

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[priyanshisingh]

Plant Based Spreads Market Share and Demand Analysis with Size, Growth Drivers and Forecast to 2030

The latest market report published by Credence Research, Inc. “Global Plant Based Spreads Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global plant based spreads market has grown steadily in recent years. It is expected to grow at a CAGR of 5.8% between 2023 and 2030. The market was valued at USD 0.6 Billion in 2022 and is expected to reach USD 0.8 Billion in 2030.

The global plant-based spreads market has witnessed robust growth, and its momentum is projected to continue over the coming years. Factors such as rising vegan and vegetarian populations, concerns over the environmental impact of animal agriculture, and the increasing prevalence of lactose intolerance have fueled the adoption of plant-based spreads.

Plant Based Spreads Market Drivers are the key factors responsible for the growth and success of this rapidly expanding industry. With increasing awareness about health and sustainability, more consumers are opting for plant-based alternatives to traditional spreads. The rising number of individuals adopting vegan or vegetarian lifestyles is another significant driver, as they seek nutritious options without sacrificing taste and texture. Moreover, concerns regarding animal welfare and environmental impact have led many consumers to shift towards plant-based products.

Key Market Segments: Exploring Diverse Product Offerings:

Nut Butters: Almond, peanut, cashew, and other nut-based spreads have gained immense popularity due to their rich flavor profiles and nutritional benefits. They are an excellent source of plant-based proteins, healthy fats, and essential vitamins.

Seed Butters: Derived from sunflower, pumpkin, sesame, and other seeds, these spreads are an excellent alternative for individuals with nut allergies. They offer a unique blend of flavors and nutritional advantages.

Legume-Based Spreads: Made from chickpeas, lentils, and other legumes, these spreads are not only nutritious but also contribute to sustainable agriculture practices by fixing nitrogen in the soil.

Fruit-Based Spreads: Avocado, coconut, and other fruit-based spreads offer a delightful twist, providing a creamy and luscious texture that complements various dishes.

Browse 220 pages report Plant Based Spreads Market By Source (Pulses, Vegetables, Oils, Nuts, Seeds, Grains) By Type of Spreads (Lard, Margarine, Nut Butters, Legume-based spreads, Veggie Pâtés, Pestos, Guacamole, Hummus, Vegan Cream Cheese, Vegan Herring Salad, Jam, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/plant-based-spreads-market

Regional Analysis: Exploring Lucrative Geographies

North America currently dominates the global plant-based spreads market, owing to the high adoption rate of vegan and vegetarian diets, along with the presence of major industry players. However, Asia-Pacific is expected to witness substantial growth during the forecast period, driven by an expanding vegan population and increasing awareness about the health benefits of plant-based diets.

Future Prospects: Paving the Way for Sustainable Growth

The future of the plant-based spreads market looks promising, with untapped potential in emerging economies and continuous advancements in product formulations and distribution channels. As consumers prioritize health, sustainability, and ethical values, the demand for plant-based spreads is poised to witness significant growth.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Plant Based Spreads Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Plant Based Spreads Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

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[triton-marketresearch]

Sustainability Trend Drive Plant-Based Food and Beverage Market

Triton Market Research presents the Global Plant-Based Food and Beverage Market report segmented by Type (Plant-Based Dairy Derivatives [Plant-Based Ice Cream and Frozen Desserts, Plant-Based Cheese, Plant-Based Yogurt, Plant-Based Creamer, Plant-Based Dairy Spreads and Dips], Plant-Based Meat Substitutes [Textured Vegetable Protein, Tofu, Tempeh, Mycoprotein, Seitan, and Other Meat Substitutes], Plant-based Nutrition/Snack Bars, Plant-based Bakery Products, Plant-based Beverages [Plant-Based Milk, Packaged Smoothies, Coffee, Tea, Other Plant-Based Beverages], Other Plant-Based Products), Ingredient (Soy, Wheat, Pea, Coconut, Almond, Cashew, Other Ingredients), Storage (Frozen, Refrigerated, Shelf-stable), Sales Channel (Offline Sales channel [Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Other Offline Sales Channels], Online Sales channel), and Regional Outlook (North America, Middle East and Africa, Asia-Pacific, Europe, Latin America). 

The report further includes the Market Summary, Industry Outlook, Impact Analysis, Key Insights, Porter’s Five Forces Analysis, Market Maturity Analysis, Industry Components, Regulatory Framework, Key Market Strategies, Market Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2023-2030).

According to Triton’s analysis, the revenue of the plant-based foods and beverage market is predicted to rise with a CAGR of 10.91% during the forecast period 2023-2030.

Plant-based food is a final product comprising ingredients like vegetables, fruits, whole grains, nuts, seeds, and legumes (peas, beans, pulses, etc.). Animal welfare, health consciousness, and sustainability trends have increased the demand for plant-based alternatives.

Due to the production process requiring specialized equipment and technology, the market faces the major challenge of the high cost of plant-based products. Companies trying to meet the demand for plant-based alternatives need substantial investments in research and development. These factors contribute to higher product costs, creating barriers for consumers seeking affordable plant-based options.

Despite these challenges, the availability of sustainable products, recyclable packaging, revolutionary manufacturing procedures, and innovation in plant-based product offerings creates lucrative opportunities for the plant-based food and beverage market.

Asia-Pacific is expected to witness the fastest growth in the plant-based food and beverage market. The region’s large population and rising disposable incomes drive the demand for varied food options. In this regard, growing awareness of the environmental impact of animal agriculture and concerns about animal welfare drive consumers towards plant-based alternatives. Governments promote plant-based diets as part of their sustainable development strategies, further boosting market growth.

The key companies thriving in the plant-based food and beverage market are Nestlé SA, General Mills Inc, Danone SA, Conagra Brands Inc, The Hain Celestial Group Inc, Blue Diamond Growers, The Archer-Daniels-Midland Company (ADM), Meatless Farm, Amy’s Kitchen Inc, Beyond Meat Inc, Campbell Soup Company, Impossible Foods Inc, Daiya Foods Inc, Living Harvest Foods Inc, and KeVita Inc. The high bargaining power of buyers in the plant-based food and beverage market poses a threat to manufacturers. With established industry players and numerous choices, buyers can demand high-quality products at lower prices. The ease of switching between brands further amplifies the power. Additionally, consumers’ inclination to experiment and change preferences increases the leverage. This heightened bargaining power can pressure manufacturers to meet buyer demands, potentially impacting their profitability and market share.

[tritonmarketresearch]

Plant-based Food and Beverage Market | Sustainable Types & Substitutes

While many of us associate ‘meat’ with traditional animal products such as steaks and hamburgers, the United States Department of Agriculture (USDA), responsible for regulating meat and poultry, has a distinct perspective that defines meat as skeletal muscle and edible organs (e.g. liver, tongue) sourced from cattle, sheep, swine, and goats. However, animal-based meat, primarily sourced from muscle, is associated with numerous health issues, which is pushing demand for plant-based meat substitutes. According to Triton Market Research’s report, the global plant-based food and beverage market is expected to reach $84914.17 million by 2030, growing at a CAGR of 10.91% during the forecast period.

The increasing popularity of a plant-based diet and growing awareness of meat consumption have led to higher demand. According to the International Food Information Council (IFIC), 65% of Americans surveyed have eaten meat substitutes, with 20% consuming meat-like products at least once a week.

Drivers Surging the Popularity of Plant-Based Meat Substitutes

Shift towards Veganism - The veganism trend is growing worldwide because of proven benefits, including weight loss and higher intake of key nutrients such as magnesium and folic acid. Scientific evidence shows that a vegan diet improves emotional and physical health, alleviates depression, and reduces obesity. In the United Kingdom, 46% of people aged 16 to 75 are considering cutting back on animal products. Also, 15% of consumers in the UK reported reducing or eliminating dairy consumption.

Technological advancements and increasing consumer preference for organic and non-GMO supply chains (GM) have driven the Europe plant-based food and beverage market. It is expected to grow at a CAGR of 10.91% during the forecast period.

Rise in Lactose Intolerance - Lactose intolerance, caused by the inability to digest the lactose in dairy products, results in symptoms such as abdominal pain, flatulence, etc. More than 60% of the world’s population is affected by lactose intolerance. Adults of East Asian origin are most commonly affected (70-100%), followed by Native Americans, Asians, Mediterranean region, and Jews (75-90%). Plant-based alternatives such as almond, coconut, and rice milk have fewer calories and less fat than cow’s milk while providing important nutrients that reduce the risk of diseases. The increasing focus on health and wellness has driven high demand for plant-based food and beverages.

Sustainable Plant-Based Meat Substitutes: Market by Type

Textured Vegetable Protein

Textured vegetable protein are witnessing a rapid surge, especially in meat analogs and substitutes, particularly hamburgers and sausages. The rising demand for ‘free from’ foods and clean living has further increased the popularity of the segment. The Archer-Daniels-Midland Company (ADM) has a product range of textured soy protein, with 60-80% protein, named Nutrisoy. According to Triton’s report, the textured vegetable protein segment was valued at $4522.51 million in 2022 and is expected to grow at a CAGR of 10.86% during the forecast period.

Tofu

Growing health consciousness among consumers has increased demand for plant-based protein sources. As per Triton’s analysis, the tofu segment is estimated to rise with a CAGR of 10.81% during the forecast period. Recognizing the potential, Tofoo Co has expanded its production capacity at its Yorkshire factory by about 70% by installing new equipment. On the other hand, Tofu King planned to build the largest tofu factory in the UK by 2020 to meet the growing demand.

Tempeh

Tempeh is becoming increasingly substantial due to the growing demand from vegans, vegetarians and flexitarians. It is a convenient and versatile meat alternative with high protein content, suitable for various preparation methods. There is a growing interest in natural, non-GMO, and organic foods for better health. According to Triton’s report, the tempeh segment is expected to generate revenue of $704.89 million by 2030 at a CAGR of 10.63% over the forecasted period. Innovative offerings such as Soy Bean Company’s bright white mushroom-flavored tempeh and Impulse Tempeh in the UK, which has been focused on organic production for 30 years, to sustain in such a competitive market.

Conclusion

The plant-based food and beverage market will continue to thrive, with manufacturers, from startups to dominant leaders, driving rapid innovation by developing novel and sustainable alternatives, leveraging advanced technologies, and responding to evolving consumer preferences. Also, factors such as consumer intolerance for animal protein, a growing vegan population, and increased venture investments, collectively contribute to the steady advancement and expansion of the studied market.

[sophiareddy123]

The United States Textured Vegetable Protein Market is segmented by Distribution Channel ( Off-Trade, On-Trade )