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Textured Soy Protein Market Outlook On The Basis Of Product, Type, Application, Region And Forecast To 2030: Grand View Research Inc.
San Francisco, 30 Aug 2023: The Report Textured Soy Protein Market Size, Share & Trends Analysis Report By Product (Textured Defatted Soy Flour (TSF), Textured Soy Protein Concentrate (TSPC), Textured Soy Protein Isolate), By Type, By Application, By Region, And Segment Forecasts, 2023 – 2030 The global textured soy protein market size is expected to reach USD 2.2 billion by 2030, expanding at a…
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#Textured Soy Protein Industry#Textured Soy Protein Market#Textured Soy Protein Market 2030#Textured Soy Protein Market Revenue#Textured Soy Protein Market Share#Textured Soy Protein Market Size
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Textured Soy Protein Market Size To Reach $2.2 Billion By 2030
January 2025 | Report Format: Electronic (PDF) Textured Soy Protein Market Growth & Trends The global textured soy protein market size is expected to reach USD 2.2 billion by 2030, expanding at a CAGR of 13.2%, according to a new report by Grand View Research, Inc. The growth is primarily driven by the increasing demand for plant-based protein alternatives, particularly in the food and beverage…
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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.
#Plant-based Meat Market#Plant-based Meat Market Analysis#Plant-based Meat Market Report#Plant-based Meat Market Size#Plant-based Meat Market Share
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Vegan Ice-Cream Market Insights and Growth Trends 2024–2031
The Vegan Ice-Cream Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.
Brief Overview of the Vegan Ice-Cream Market:
The global Vegan Ice-Cream Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-vegan-ice-cream-market
Which are the top companies operating in the Vegan Ice-Cream Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Vegan Ice-Cream Market report provides the information of the Top Companies in Vegan Ice-Cream Market in the market their business strategy, financial situation etc.
Bliss Unlimited, LLC. (U.S.), General Mills Inc. (U.S.), Wells Enterprises. (U.S.), Happy Cow Ltd. (India), McDonald's. (U.S.), Nestlé S.A. (Switzerland), Tofutti Brands, Inc. (U.S.), Unilever (U.K.), Wm Morrison Supermarkets Limited(U.K.), boojabooja (U.S.), Eden Creamery LLC. (U.S.), Over The Moo (Australia), Waitrose & Partners (U.K.), DREAM (U.S.), NADAMOO (U.S.), Van Leeuwen Ice Cream LLC (U.S.), Trader Joe's (U.S.), and Ben & Jerry's Homemade, Inc. (U.S.)
Report Scope and Market Segmentation
Which are the driving factors of the Vegan Ice-Cream Market?
The driving factors of the Vegan Ice-Cream Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Vegan Ice-Cream Market - Competitive and Segmentation Analysis:
**Segments**
- **Type:** The vegan ice-cream market can be segmented by type into almond milk, soy milk, coconut milk, and others. Almond milk-based ice creams are gaining popularity due to their nutty flavor and creamy texture. Soy milk-based ice creams are known for their high protein content and smooth consistency. Coconut milk-based ice creams offer a tropical flavor profile and are often favored by consumers looking for a dairy-free alternative with a hint of coconut.
- **Distribution Channel:** In terms of distribution channels, the market can be segmented into supermarkets/hypermarkets, specialty stores, online retail, and others. Supermarkets and hypermarkets remain the dominant distribution channel for vegan ice cream due to their wide reach and accessibility to a broad consumer base. Specialty stores cater to niche markets seeking gourmet or artisanal vegan ice creams. Online retail has been growing rapidly with the rise of e-commerce platforms, offering convenience and a diverse range of vegan ice cream options to consumers.
- **Flavor:** Vegan ice creams come in a variety of flavors to cater to different consumer preferences. Popular flavors include chocolate, vanilla, strawberry, mint chocolate chip, coffee, and various fruit flavors such as raspberry, mango, and blueberry. Unique flavor profiles and limited-edition releases often drive consumer interest and encourage brand loyalty within the vegan ice-cream market.
- **Packaging:** Packaging plays a crucial role in attracting consumers and communicating brand values within the vegan ice-cream market. Sustainable packaging solutions such as recyclable containers, biodegradable materials, and plant-based plastics contribute to the eco-friendly image of vegan ice-cream brands. Eye-catching designs and innovative packaging formats can also differentiate products on the shelf and enhance the overall consumer experience.
**Market Players**
- Ben & Jerry's - NadaMoo! - Häagen-Dazs - So Delicious Dairy Free - Coconut Bliss - Alpro - Oatly - SorBabes - Van Leeuwen The vegan ice-cream market is experiencing significant growth driven by several key factors. One emerging trend in the market is the increasing consumer focus on health and wellness, leading to a growing demand for plant-based alternatives to traditional dairy products. As consumers become more health-conscious and environmentally aware, vegan ice cream has emerged as a popular choice due to its perceived health benefits and ethical considerations. This shift in consumer preferences is creating a favorable landscape for market players to capitalize on the growing demand for vegan ice cream products.
Moreover, changing dietary patterns and lifestyle choices are also contributing to the market expansion. The rise of veganism and vegetarianism as lifestyle choices has propelled the demand for dairy-free options across various food categories, including frozen desserts like ice cream. Vegan ice cream offers a guilt-free indulgence for consumers who are looking to enjoy sweet treats while adhering to their plant-based diets. This shift towards plant-based eating is expected to continue driving the growth of the vegan ice-cream market in the foreseeable future.
In terms of market segmentation, the type of vegan ice cream plays a crucial role in catering to diverse consumer preferences. The availability of almond milk, soy milk, coconut milk, and other plant-based alternatives provides consumers with a wide range of options to choose from based on taste, texture, and nutritional profile. Almond milk-based ice creams stand out for their distinct nutty flavor and creamy texture, appealing to consumers looking for a unique sensory experience. Soy milk-based ice creams, on the other hand, are favored for their high protein content and smooth consistency, making them a popular choice among health-conscious consumers. Coconut milk-based ice creams offer a tropical flavor profile, adding a refreshing twist to the vegan ice cream category.
Furthermore, distribution channels play a vital role in reaching a broad consumer base and driving sales in the vegan ice-cream market. Supermarkets and hypermarkets remain key distribution channels for vegan ice cream, given their widespread presence and accessibility to a large customer demographic. Specialty stores cater to niche markets seeking**Market Players:**
- Bliss Unlimited, LLC. (U.S.) - General Mills Inc. (U.S.) - Wells Enterprises. (U.S.) - Happy Cow Ltd. (India) - McDonald's. (U.S.) - Nestlé S.A. (Switzerland) - Tofutti Brands, Inc. (U.S.) - Unilever (U.K.) - Wm Morrison Supermarkets Limited (U.K.) - boojabooja (U.S.) - Eden Creamery LLC. (U.S.) - Over The Moo (Australia) - Waitrose & Partners (U.K.) - DREAM (U.S.) - NADAMOO (U.S.) - Van Leeuwen Ice Cream LLC (U.S.) - Trader Joe's (U.S.) - Ben & Jerry's Homemade, Inc. (U.S.)
The vegan ice-cream market is witnessing a robust growth trajectory fueled by various factors that align with changing consumer preferences and market dynamics. A conspicuous trend in the market is the increasing emphasis on health and wellness aspects, leading to a surge in the demand for plant-based alternatives to traditional dairy products. The health-conscious and environmentally aware consumer base is gravitating towards vegan ice cream due to perceived health benefits and ethical considerations, thereby creating a conducive environment for market players.
Additionally, shifting dietary patterns and lifestyle choices are significantly contributing to the expansion of the market. The growing embrace of veganism and vegetarianism as lifestyle choices is propelling the
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Vegan Ice-Cream Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Vegan Ice-Cream Market, expected to exhibit impressive growth in CAGR from 2024 to 2029.
Explore Further Details about This Research Vegan Ice-Cream Market Report https://www.databridgemarketresearch.com/reports/global-vegan-ice-cream-market
Key Benefits for Industry Participants and Stakeholders: –
Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Vegan Ice-Cream Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Vegan Ice-Cream Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Vegan Ice-Cream Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Vegan Ice-Cream Market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA
Detailed TOC of Vegan Ice-Cream Market Insights and Forecast to 2029
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Vegan Ice-Cream Market Landscape
Part 05: Pipeline Analysis
Part 06: Vegan Ice-Cream Market Sizing
Part 07: Five Forces Analysis
Part 08: Vegan Ice-Cream Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Vegan Ice-Cream Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Browse More Reports:
Japan: https://www.databridgemarketresearch.com/jp/reports/global-vegan-ice-cream-market
China: https://www.databridgemarketresearch.com/zh/reports/global-vegan-ice-cream-market
Arabic: https://www.databridgemarketresearch.com/ar/reports/global-vegan-ice-cream-market
Portuguese: https://www.databridgemarketresearch.com/pt/reports/global-vegan-ice-cream-market
German: https://www.databridgemarketresearch.com/de/reports/global-vegan-ice-cream-market
French: https://www.databridgemarketresearch.com/fr/reports/global-vegan-ice-cream-market
Spanish: https://www.databridgemarketresearch.com/es/reports/global-vegan-ice-cream-market
Korean: https://www.databridgemarketresearch.com/ko/reports/global-vegan-ice-cream-market
Russian: https://www.databridgemarketresearch.com/ru/reports/global-vegan-ice-cream-market
Data Bridge Market Research:
Today's trends are a great way to predict future events!
Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.
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Soy Food Market
Soy Food Market Size, Share, Trends: Danone S.A. (Alpro) Leads
Rising Popularity of Innovative Soy-Based Meat Alternatives
Market Overview:
The global Soy Food Market is projected to grow at a CAGR of 6.8% from 2024 to 2031. The market size is expected to reach XX in 2024 and YY by 2031. Asia-Pacific dominates the market, accounting for approximately 45% of the global market share. Key metrics include increasing adoption of plant-based diets, growing awareness of soy's health benefits, and technological advancements in soy food processing.
The soy food market is expanding rapidly, driven by rising consumer demand for plant-based protein sources, increased health consciousness, and soy's adaptability in a variety of food applications. The shift towards vegetarian and vegan diets, particularly in developed economies, is accelerating market growth.
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Market Dynamics:
The soy food industry is seeing a substantial movement towards novel meat substitutes that closely resemble the flavour, texture, and nutritional profile of animal-based products. This movement is being pushed by rising environmental concerns, animal welfare concerns, and a growing desire for sustainable protein sources.
According to a recent market survey, sales of soy-based meat replacements have increased by 35% in the last two years. A survey of 5,000 consumers from major marketplaces found that 60% had tried plant-based meat products, with soy-based ones being the most popular. Industry analysts project that by 2026, soy-based meat replacements may account for up to 20% of the entire soy food market value, thereby spurring significant innovation in product compositions and processing technology.
Market Segmentation:
Soy milk has emerged as the most popular segment in the soy food market due to its widespread acceptance as a dairy milk substitute, nutritional benefits, and versatility in a variety of uses. This segment's domination is due to an increasing number of lactose intolerant people and the growing popularity of plant-based diets.
Survey company indicates that the soy milk category will rise over the forecast period. A poll of 1,000 homes found that 40% buy soy milk on a regular basis, with 65% citing health benefits as their top motivation for doing so. The market is likely to maintain its lead until 2031.
Market Key Players:
Danone S.A. (Alpro)
The Hain Celestial Group, Inc.
Vitasoy International Holdings Limited
SunOpta Inc.
Impossible Foods Inc.
Tofurky
Contact Us:
Name: Hari Krishna
Email us: [email protected]
Website: https://aurorawaveintellects.com/
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Unlock the Power of Non-GMO Soybean Grains with Sahel Agri-Sol
At Sahel Agri-Sol, we bring you the finest non-GMO soybean grains sourced directly from the fertile lands of Togo, Niger, and Nigeria. Designed to meet the unique needs of food manufacturers, beverage producers, and cosmetic creators, our soybeans are pure, sustainable, and exceptional in quality.
For Food Manufacturers
Transform your recipes with our versatile, nutrient-rich non-GMO soybeans:
Plant-Based Proteins: Create premium tofu, tempeh, and textured soy protein (TSP) for meat alternatives.
Baked Goods and Snacks: Fortify products with high-protein soy flour.
Culinary Excellence: Use soy sauce, miso, and edamame to elevate your offerings.
With the growing demand for clean-label ingredients, our soybeans deliver the quality and natural appeal your consumers crave.
For Beverage Producers
Elevate your portfolio with innovative soy-based drinks:
Dairy Alternatives: Craft velvety soy milk for health-conscious and lactose-intolerant customers.
Functional Beverages: Create protein shakes and fortified drinks enriched with essential nutrients.
Specialty Coffee Creamers: Add plant-based creamers to your product line.
Our soybeans empower you to stay ahead of market trends and provide health-focused innovations.
For Cosmetic Manufacturers
Revolutionize your skincare and haircare lines with the nourishing power of soy:
Soybean Oil: A natural hydrator for lotions, lip balms, and serums.
Soy Proteins: Repair and strengthen hair with shampoos and conditioners infused with soy.
Soy Lecithin: Improve texture and spread ability in eco-friendly creams, lipsticks, and makeup.
As consumers demand natural, non-toxic beauty products, our soybeans meet the call for sustainable luxury.
Soybean Specifications
1. Physical Characteristics
Color: Yellow, with occasional light variations.
Size: Medium to large, uniform grains.
Moisture Content: ≤ 13% (for long-term storage and transportation).
Impurities: ≤ 2% (foreign matters, broken grains).
Oil Content: ≥ 18% (depending on the variety).
Protein Content: ≥ 35% (ideal for animal feed and processing).
Purity: ≥ 98%.
2. Chemical Specifications
Non-GMO: Certified, free from genetically modified organisms.
Pesticide Residues: Compliant with EU and international food safety standards.
Aflatoxin Levels: < 10 ppb (meets international food and feed safety limits).
Why Partner with Sahel Agri-Sol?
Sustainability You Can Trust: Grown without genetic modification, preserving biodiversity and promoting ethical farming.
Unmatched Quality: Carefully cultivated and rigorously tested for excellence.
Ethical Commitment: Every purchase supports farming cooperatives and rural livelihoods.
Let’s Grow Together
Whether you’re crafting plant-based foods, enriching beverages, or redefining beauty, Sahel Agri-Sol’s Non-GMO soybeans are your partner for success.
📩 Contact us now to place your order or explore custom solutions for your industry!
Make your products stand out with the clean-label, premium ingredients your consumers love.
Photo: Non-GMO Soybean (Sahel Agri-Sol / Adalidda / Public Domain)
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The global Soy Protein Market is projected to grow from USD 10,501 million in 2024 to USD 15,279 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.8% over the forecast period. The soy protein market has emerged as one of the most dynamic sectors in the global food and beverage industry. As consumers prioritize healthier lifestyles and seek sustainable alternatives to animal-based products, soy protein has gained significant traction. This versatile and plant-based protein source is widely used in various applications, from dietary supplements and food products to animal feed and industrial uses.
Browse the full report https://www.credenceresearch.com/report/soy-protein-market
Overview of the Soy Protein Market
Soy protein is derived from soybeans and is valued for its high protein content, amino acid profile, and functional properties. It is available in three primary forms: soy protein isolate, soy protein concentrate, and soy flour. These forms cater to diverse needs in industries such as food and beverage, pharmaceuticals, cosmetics, and animal nutrition.
In recent years, the market has witnessed exponential growth due to increasing consumer awareness of the health benefits of soy protein. Factors such as its role in reducing cholesterol levels, supporting heart health, and serving as an excellent alternative for lactose-intolerant or vegan consumers contribute to its popularity.
Market Drivers
Rising Demand for Plant-Based Proteins The global shift toward plant-based diets has been a significant driver for the soy protein market. This trend is fueled by ethical considerations, environmental concerns, and a growing awareness of the health risks associated with excessive consumption of animal products.
Expanding Applications in Food and Beverage Soy protein is a critical ingredient in various food products such as meat substitutes, dairy alternatives, protein bars, and infant formulas. The surge in demand for meat alternatives has been particularly instrumental in driving market growth, with soy-based products often serving as the base ingredient.
Health and Nutritional Benefits Soy protein is a complete protein, providing all nine essential amino acids required by the human body. It is also low in saturated fats and free of cholesterol, making it an ideal choice for health-conscious consumers.
Technological Advancements in Food Processing Innovations in food technology have improved the taste, texture, and functionality of soy-based products, enhancing their appeal among consumers. Improved processing methods have also helped reduce the beany flavor traditionally associated with soy products.
Market Challenges
Allergen Concerns Despite its nutritional benefits, soy is one of the top allergens globally, which limits its consumption among certain consumer segments. Manufacturers are investing in research to mitigate these challenges by developing hypoallergenic soy products.
Competition from Other Plant-Based Proteins The market faces stiff competition from other plant-based proteins such as pea, rice, and hemp protein. These alternatives often have unique advantages, such as being allergen-free or offering distinct functional properties.
Environmental and Ethical Concerns While soy is often seen as a sustainable protein source, its cultivation has been linked to deforestation and habitat destruction in some regions. Ethical sourcing and sustainable practices are becoming critical for manufacturers to address these concerns.
Fluctuating Raw Material Prices The volatility in soybean prices due to weather conditions, trade policies, and geopolitical tensions poses a significant challenge for the industry.
Opportunities
Emerging Markets Developing economies in Asia-Pacific, Latin America, and Africa represent untapped potential for the soy protein market. Increasing disposable incomes, urbanization, and growing awareness of plant-based diets in these regions are driving demand.
Product Diversification Manufacturers are diversifying their product portfolios to include innovative offerings such as soy protein-based snacks, beverages, and ready-to-eat meals. This strategy helps cater to the evolving preferences of modern consumers.
Focus on Clean Label Products The demand for clean label and organic products is creating opportunities for premium soy protein products. Consumers increasingly prefer foods with transparent labeling and minimal processing.
Future Outlook
The soy protein market is projected to continue its growth trajectory in the coming years, driven by rising demand for sustainable and health-focused products. Strategic collaborations, technological advancements, and a commitment to sustainability will be crucial for companies aiming to capitalize on this growth.
However, addressing challenges such as allergen concerns, environmental impacts, and competition from other plant-based proteins will be pivotal for the long-term success of the industry.
Key Player Analysis:
ADM (Archer Daniels Midland Company)
Cargill, Incorporated
DuPont Nutrition & Biosciences (now part of IFF)
Kerry Group
Wilmar International Limited
CHS Inc.
Sonic Biochem Extractions Pvt. Ltd.
Shandong Yuwang Ecological Food Industry Co., Ltd.
Biopress S.A.S.
The Scoular Company
Segmentations:
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others (Hydrolysates/Flour, etc.)
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others (Adhesives, Plastics, etc.)
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/soy-protein-market
Contact:
Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
Website: www.credenceresearch.com
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How to Choose the Right Dry Dog Food for Your Pet
Selecting the best dry dog food for your furry companion is one of the most important decisions you can make as a pet parent. A nutritious diet supports their energy levels, keeps their coat shiny, strengthens their immune system, and promotes overall health. With a plethora of brands and formulations available in the market, the process of finding the ideal option can be overwhelming. This guide simplifies the process, offering insights to help you choose the best dry dog food for your beloved pet, particularly if you are in Australia, where premium options abound.
1. Understand Your Dog’s Nutritional Needs
Every dog has unique dietary requirements based on their age, breed, size, activity level, and health status.
Consider Age
Puppies need nutrient-dense food with higher protein and fat content to fuel their growth and development.
Adult dogs require balanced maintenance diets with moderate levels of protein and fat.
Senior dogs may benefit from formulas that are lower in calories but fortified with nutrients for joint and cognitive health.
Factor in Size
Small breeds often require smaller kibble sizes and nutrient-rich formulas tailored to their fast metabolisms.
Large breeds benefit from food that supports joint health and prevents rapid weight gain, reducing strain on their bones.
Activity Level
Active dogs or working breeds may need a high-energy diet, while sedentary pets require fewer calories to prevent weight gain.
Health Conditions
Dogs with specific health concerns, such as allergies, digestive sensitivities, or chronic conditions like diabetes, may require specialized dry dog food formulations. Always consult your veterinarian for tailored dietary advice.
2. Look for High-Quality Ingredients
The quality of ingredients directly impacts the nutritional value of your dog’s food.
Prioritize Whole Proteins
The Best Dry Dog Food Australia in Australia and worldwide lists a whole protein, such as chicken, beef, or fish, as the first ingredient. Avoid products with vague terms like "meat meal" or "by-products."
Include Healthy Carbohydrates
Carbohydrates like brown rice, sweet potatoes, or oats provide energy. Opt for whole grains and avoid fillers like corn and soy, which offer little nutritional value and can trigger allergies.
Don’t Forget Fats
Healthy fats, such as those derived from fish oil or flaxseed, support a shiny coat and healthy skin. Look for omega-3 and omega-6 fatty acids in the ingredient list.
Check for Fruits and Vegetables
Natural sources of vitamins, minerals, and antioxidants, such as blueberries, spinach, and carrots, enhance the overall nutritional profile.
Avoid Artificial Additives
Stay clear of products with artificial preservatives, flavors, or colors. Natural preservatives like tocopherols (vitamin E) and ascorbic acid (vitamin C) are safer options.
3. Check for AAFCO Certification
In Australia and many other countries, reputable dry dog food brands adhere to the nutritional guidelines set by the Association of American Feed Control Officials (AAFCO). Look for a statement on the packaging indicating that the food meets or exceeds these standards.
4. Consider Your Dog’s Palatability Preferences
Dogs can be surprisingly picky eaters. If your pet refuses to eat one brand, try another with a different protein source or flavor. Some brands include trial-sized packs so you can test before committing to a large purchase.
5. Assess the Kibble Size and Texture
The size and texture of the kibble are more important than you might think.
Small dogs benefit from smaller kibble that’s easy for their tiny jaws to chew.
Large dogs prefer larger kibble that encourages chewing and helps maintain dental health.
For dogs with dental issues, some dry dog food options are designed to be softer or easier to chew.
6. Budget-Friendly Options Without Compromising Quality
While premium brands often deliver excellent quality, there are cost-effective options that provide balanced nutrition. Compare ingredient lists and ensure the product still meets high standards.
7. Best Dry Dog Food Options in Australia
Australia offers a wide range of dry dog food brands known for their quality and safety standards. Here are a few top-rated options to consider:
1. Black Hawk
An Australian-made brand, Black Hawk is renowned for its holistic approach to pet nutrition. Their dry dog food features high-quality proteins like lamb, chicken, or fish combined with whole grains and vegetables.
2. Hill’s Science Diet
This globally trusted brand provides specialized formulas tailored to different life stages and health needs. It’s a go-to choice for veterinarians.
3. Royal Canin
Offering breed-specific and condition-specific formulations, Royal Canin ensures that every dog receives the exact nutrition they need.
4. Advance
Made in Australia, Advance focuses on scientific research to deliver highly nutritious formulas. Their products are particularly popular among pet owners looking for high-quality dry dog food.
5. Taste of the Wild
With unique protein sources like venison and bison, Taste of the Wild offers grain-free options that mimic the ancestral diet of dogs.
8. Tips for Transitioning to a New Dry Dog Food
Switching to a new dry dog food requires a gradual process to avoid upsetting your dog’s stomach.
Day 1-3: Mix 25% new food with 75% old food.
Day 4-6: Increase the ratio to 50% new food and 50% old food.
Day 7-9: Use 75% new food and 25% old food.
Day 10+: Fully transition to the new food.
Monitor your dog during this period for signs of digestive distress, such as diarrhea or vomiting.
9. Importance of Portion Control
Even the best dry dog food can lead to weight issues if overfed. Follow the feeding guidelines provided on the packaging, adjusting as necessary for your dog’s size, age, and activity level. Using a measuring cup ensures accurate portioning.
10. Monitor Your Dog’s Response
After selecting a dry dog food, keep an eye on how your dog reacts to it. Positive indicators include:
A shiny, healthy coat.
Consistent energy levels.
Healthy stools (firm and well-formed).
If you notice issues like excessive itching, vomiting, or changes in appetite, consult your veterinarian.
11. Consider Grain-Free Options When Necessary
Grain-free dry dog food is a good choice for dogs with grain sensitivities or allergies. However, recent studies suggest a potential link between grain-free diets and heart issues in some breeds. Always consult your veterinarian before making this switch.
12. Online Reviews and Recommendations
Reading reviews and seeking recommendations from fellow pet owners or veterinarians can help identify the best dry dog food for your pet. In Australia, many online pet stores also offer detailed reviews and ratings to guide your decision.
13. Where to Buy the Best Dry Dog Food in Australia
You can find premium dry dog food at:
Local pet stores: Offering personalized advice and recommendations.
Online retailers: Sites like Petbarn, Pet Circle, and Budget Pet Products often have extensive collections with competitive pricing.
Veterinarian offices: Specialized formulas for health concerns are often available here.
14. Final Thoughts
Choosing the right dry dog food for your pet doesn’t have to be daunting. By understanding your dog’s needs, prioritizing high-quality ingredients, and exploring top-rated options available in Australia, you can ensure that your furry friend receives the best possible nutrition. Regularly monitor your dog’s health and consult with your veterinarian to make any necessary adjustments to their diet.
Investing time and effort into finding the perfect dry dog food pays off in the form of a happy, healthy pet who thrives for years to come. Whether you’re choosing among premium Australian brands or exploring global options, make informed choices to support your dog’s well-being.
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Textured Soy Protein Market Size To Reach $2.2 Billion By 2030
January 2025 | Report Format: Electronic (PDF) Textured Soy Protein Market Growth & Trends The global textured soy protein market size is expected to reach USD 2.2 billion by 2030, expanding at a CAGR of 13.2%, according to a new report by Grand View Research, Inc. The growth is primarily driven by the increasing demand for plant-based protein alternatives, particularly in the food and beverage…
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Vegan Food Market : Worldwide Industry Analysis By 2023 - 2030
Vegan Food to Reach $60.04 Billion by 2030, Growing at a CAGR of 11.79%
Vegan Food Size, Share, and Forecast Report 2023-2030
Introduction
The Vegan Food Market Size is witnessing remarkable growth as consumer preferences shift toward plant-based diets driven by health, environmental, and ethical considerations. Valued at $24.61 billion in 2022, the vegan food is projected to expand significantly, reaching $60.04 billion by 2030. This growth reflects a robust compound annual growth rate (CAGR) of 11.79% from 2023 to 2030. With increasing awareness of the benefits of vegan diets, the is poised to reshape the food industry landscape.
This press release provides insights into the key drivers propelling growth, highlights emerging trends, offers a detailed segmentation analysis, and presents regional insights as the vegan food continues to evolve globally.
Drivers and Growth Factors
Several factors are fueling the growth of the vegan food :
Increasing Health Consciousness: Consumers are becoming more aware of the health benefits associated with plant-based diets, including lower risks of chronic diseases, obesity, and cardiovascular issues. The demand for healthier food alternatives is driving the adoption of vegan food products among health-conscious consumers.
Rising Environmental Concerns: The environmental impact of animal agriculture, including greenhouse gas emissions, deforestation, and water consumption, is prompting consumers to seek sustainable food options. The vegan food is gaining traction as people prioritize environmentally friendly choices, leading to increased demand for plant-based products.
Ethical Considerations: Growing awareness of animal welfare issues is influencing consumer choices. Many individuals are adopting vegan diets as a way to align their eating habits with their ethical beliefs regarding animal rights. This shift is expected to continue driving the for vegan food products.
Expansion of Product Offerings: The vegan food is rapidly evolving, with an increasing variety of products available to consumers. From dairy alternatives to meat substitutes, brands are innovating to create delicious, satisfying, and accessible vegan options, attracting a broader consumer base.
Increased Availability and Accessibility: The rise of e-commerce and the expansion of vegan products in supers and specialty stores have made plant-based foods more accessible to consumers. This increased availability is driving higher sales and encouraging more people to try vegan options.
Segmentation
The global vegan food can be segmented by product type, distribution channel, and region.
By Product Type:
Dairy Alternatives: This segment includes plant-based milk (such as almond, soy, oat, and coconut milk), cheese substitutes, yogurt alternatives, and creamers. Dairy alternatives are increasingly popular among consumers seeking lactose-free options or looking to reduce dairy consumption.
Meat Substitutes: Meat substitutes are designed to mimic the taste and texture of meat products. This segment includes products such as plant-based burgers, sausages, and nuggets made from ingredients like pea protein, soy, and other plant-derived proteins. The demand for meat substitutes is rising as more consumers adopt flexitarian diets and seek healthier protein options.
Others: This segment encompasses various other vegan food products, including snacks, desserts, condiments, and ready-to-eat meals. The variety of options available in this category is growing, catering to the diverse tastes and preferences of consumers.
By Distribution Channel:
Offline: Offline retail channels include supers, hypers, health food stores, and specialty vegan shops. Traditional retail continues to be a significant channel for vegan food products, providing consumers with the opportunity to explore different brands and products.
Online: The online segment is rapidly growing, driven by the convenience of e-commerce and the ability to reach a wider audience. Many consumers are turning to online platforms for purchasing vegan food products, leading to increased sales through digital channels.
Regional Outlook
North America: North America is one of the largest s for vegan food, with the U.S. leading the way. The growing popularity of plant-based diets, coupled with increasing awareness of health and sustainability, is driving demand for vegan products. The presence of established brands and innovative startups in the region further fuels growth.
Europe: Europe is a significant for vegan food, with countries such as Germany, the U.K., and France witnessing rapid growth. European consumers are highly health-conscious and environmentally aware, leading to increased adoption of plant-based diets. The rise of clean-label products and sustainability initiatives is driving demand for vegan alternatives in the region.
Asia-Pacific: The Asia-Pacific region is expected to experience the fastest growth in the vegan food during the forecast period. Factors such as rising disposable incomes, urbanization, and a growing focus on health and wellness are driving the demand for plant-based foods in countries like China, India, and Japan.
Latin America and Middle East & Africa: These regions are emerging s for vegan food, with growing interest in plant-based diets and an increasing number of vegan products becoming available. Brazil and South Africa are key contributors to growth in these areas.
Trends Shaping the Future of the Vegan Food
Innovation in Plant-Based Products: As consumer preferences evolve, food manufacturers are investing in research and development to create innovative plant-based products that mimic the taste, texture, and appearance of animal-based foods. This trend is expected to attract a broader consumer base and drive growth.
Focus on Clean Label and Transparency: Consumers are increasingly seeking products with simple, recognizable ingredients. Brands that prioritize clean labeling and transparency in sourcing are likely to gain a competitive edge in the vegan food .
Emergence of Vegan Convenience Foods: With the busy lifestyles of consumers, there is a growing demand for convenient, ready-to-eat vegan meals and snacks. The availability of frozen, packaged, and on-the-go options is making it easier for consumers to incorporate vegan choices into their diets.
Sustainability Initiatives: Brands are focusing on sustainable sourcing and production practices to meet the demands of environmentally conscious consumers. This includes using eco-friendly packaging, reducing food waste, and sourcing ingredients from sustainable farms.
Key Players
Several key players are leading the growth of the vegan food , including:
Beyond Meat, Inc.
Impossible Foods Inc.
Nestlé S.A.
Tofurky Company
Oatly AB
These companies are at the forefront of innovation in the vegan food space, developing new products and expanding their presence to cater to the growing demand for plant-based foods.
Conclusion
The global vegan food is on a significant growth trajectory, driven by rising health awareness, environmental concerns, and the demand for sustainable food options. With a projected CAGR of 11.79% from 2023 to 2030, the is expected to reach $60.04 billion by 2030, offering ample opportunities for innovation and expansion across various sectors.
Read More Details @ https://www.snsinsider.com/reports/vegan-food-market-1311
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Akash Anand – Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
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Revolutionizing Food & Beverage with High-Quality Protein Ingredients
Protein Ingredients Industry Overview
The global protein ingredients market size is expected to reach USD 122.17 billion by 2030, registering a CAGR of 5.8% according to a new report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.
Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.
Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market
There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.
The protein ingredients companies have been launching new products to cater to the rising demand among health-conscious consumers. For instance, in October 2018, the company DuPont launched a new protein ingredient (pea protein) under the brand TRUPRO 2000 for use in beverage applications. DuPont introduced the new product to further expand its product offerings and increase its penetration in the beverages industry.
Furthermore, in August 2019, Cargill, Incorporated invested in a U.S.-based company called Puris that is operating in the field of plant-based ingredients. A total sum of USD 75 million was invested to cater to the rising demand for pea protein ingredients in the U.S. market. Many international players are looking to make such investments to capitalize on the growing demand for pea protein. Urbanization, westernization of diets, population growth, expanding middle-class with higher disposable income, increasing frequency of exercise, and rising focus on leading an active and healthy lifestyle in the emerging economies, including China and India, are factors expected to drive the demand for protein ingredients.
Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.
The global polydextrose market size was valued at USD 355.1 million in 2024 and is projected to grow at a CAGR of 5.8% from 2025 to 2030.
The global bio vanillin market size was estimated at USD 227.7 million in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030.
Protein Ingredients Market Segmentation
Grand View Research has segmented the protein ingredients market based on product, application, and region:
Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
Plant Proteins
Cereals
Wheat
Wheat Protein Concentrates
Wheat Protein Isolates
Textured Wheat Protein
Hydrolyzed Wheat Protein
HMEC/HMMA Wheat Protein
Rice
Rice Protein Isolates
Rice Protein Concentrates
Hydrolyzed Rice Protein
Others
Oats
Oat Protein Concentrates
Oat Protein Isolates
Hydrolyzed Oat Protein
Others
Legumes
Soy
Soy Protein Concentrates
Soy Protein Isolates
Textured Soy Protein
Hydrolyzed Soy Protein
HMEC/HMMA Soy Protein
Pea
Pea Protein Concentrates
Pea Protein Isolates
Textured Pea Protein
Hydrolyzed Pea Protein
HMEC/HMMA Pea Protein
Lupine
Chickpea
Others
Roots
Potato
Potato Protein Concentrate
Potato Protein Isolate
Maca
Others
Ancient Grains
Ancient Wheat
Quinoa
Sorghum
Amaranth
Chia
Millet
Others
Nuts & Seeds
Canola
Canola Protein Isolates
Hydrolyzed Canola Protein
Others
Almond
Flaxseeds
Others
Animal/Dairy Proteins
Egg Protein
Milk Protein Concentrates/Isolates
Whey Protein Concentrates
Whey Protein Hydrolysates
Whey Protein Isolates
Gelatin
Casein/Caseinates
Collagen Peptides
Microbe-based Protein
Algae
Bacteria
Yeast
Fungi
Insect Protein
Coleoptera
Lepidoptera
Hymenoptera
Orthoptera
Hemiptera
Diptera
Others
Protein Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
Food & Beverages
Bakery & Confectionary
Beverages
Breakfast Cereals
Dairy Alternatives (cheese, desserts, snacks, others)
Dietary Supplements/Weight Management
Meat Alternatives & Extenders
Snacks
Sports Nutrition
Others
Infant Formulations
Clinical Nutrition
Animal Feed
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
North America
S.
Canada
Mexico
Europe
Germany
K.
France
Italy
Spain
Asia Pacific
China
India
Japan
Australia
Indonesia
Central and South America
Brazil
Argentina
Middle East and Africa
South Africa
Saudi Arabia
Key Companies profiled:
DuPont
Rousselot
ADM
Burcon
Tessenderlo Group
Kewpie Corporation
Roquette Freres
The Scoular Company
CHS, Inc.
Mead Johnson & Company, LLC
CropEnergies AG
Fonterra Co-Operative Group
Bunge Limited
Cargill, Incorporated
MGP
Ingredion
Kerry Inc.
Givaudan
Axiom Foods
Tate & Lyle
Puris
DSM
Glanbia Plc
Louis Dreyfus Company
Barentz
Nutri-Pea
Prinova Group LLC
Recent Developments
At Vitafoods held in April 2023, Darling Ingredients’ health brand Rousselot showcased its collagen peptides solution PEPTAN® for holistic well-being benefits. The premium protein-based ingredient provides multiple science-backed health benefits with nifty formulation properties.
In June 2023, Roquette unveiled the new food innovation center, in Lestrem, France. This center will include a sensory analysis laboratory, a demonstration kitchen, and collaborative labs for pilot-scale testing of various plant-based ingredients.
In May 2023, Burcon NutraScience Corporation, a global manufacturer of plant-based proteins for the F&B industry, announced its strategic initiative called Burcon 2.0. The Burcon 2.0 strategy will offer pilot-scale plant protein processing as a service.
In April 2023, Burcon announced its plans to acquire Merit Functional Foods (Merit). Earlier in January 2023, Burcon was granted a patent for pea protein, which protected and maintained its pea protein licensee, Merit, with marketplace differentiation.
In February 2023, Roquette entered a collaborative project with Eurial, Agri Obtentions, Greencell, the Université Lumière Lyon 2, and INRAE to develop AlinOVeg, which French plant-based (fava bean and peas) protein extraction and product development. Furthermore, in January 2023 Roquette invested in DAIZ Inc. to develop disruptive solutions in the healthy plant protein foods sector.
In January 2022, Rousselot announced the expansion of its porcine collagen production capacity at the Ghent facility.
Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.
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Tempeh Market To Reach $7.68 Billion By 2030
The global tempeh market size is expected to reach USD 7.68 billion by 2030 and is expected to expand at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Consumer preference for healthier foods has significantly increased the demand for vegetarian and vegan options, including soy foods and tempeh. The soy segment has seen substantial growth in recent years, driven by heightened consumer awareness of its health benefits, such as reducing obesity and lowering blood sugar levels. In addition, soy's broad application in various food products, including baked goods and snacks, has contributed to its popularity. Innovations within this sector have further accelerated the market growth of tempeh.
Despite tempeh's neutral taste and sometimes off-putting odor, its compatibility with a variety of Asian and Western cuisines has led to increased consumer preference. In response, manufacturers are developing odorless tempeh products to better appeal to consumers. The growing demand for these products is also supported by promotional campaigns and investments aimed at encouraging plant-based meat consumption.
Consumers perceive a plant-based diet and the use of tempeh as beneficial for both health and the environment, leading to a rapid expansion of interest in these products. The trend toward plant-based diets and proteins is expected to influence research, policy, and food systems significantly over the coming decade. As a result, the demand for plant-based foods such as tempeh is not only increasing. Still, it is also seen as a lasting shift in dietary preferences driven by various factors and consumer demographics.
Tempeh, along with tofu, is gaining traction as a meat substitute due to its similarity to meat analogs. Soy-based foods, including tempeh and tofu, offer a range of economic benefits, from agricultural production to commercial applications.
In September 2023, CFSS B.V. and Marel India Pvt. Ltd. formed a strategic partnership to enhance tempeh production in India, marked by the signing of a Memorandum of Understanding (MoU) during a trade mission. This collaboration aims to address protein deficiency in the Indian population through the production of tempeh, a fermented vegan product made from soybeans, using Small Fermentation Units (SFUs) established in Bangalore. The initiative, known as Tempeh Today, involves sourcing soybeans from local farmers, who receive support to improve quality and yield through partnerships with local NGOs. The goal is to set up 20 standardized production locations across India, with online monitoring from the Netherlands to ensure consistent quality.
Request a free sample copy or view report summary: Tempeh Market Report
Tempeh Market Report Highlights
Fresh segment accounted for a share of 46.7% in 2023. Fresh tempeh has a superior taste and texture, offering a firm and nutty consistency that many consumers find appealing. The fresh variety provides a more authentic tempeh experience, enhancing its culinary versatility?
Soya bean is expected to grow at a significant CAGR 6.0% from 2024 to 2030. Soybean tempeh has a neutral flavor that easily absorbs the taste of marinades and spices, making it versatile for various culinary applications. It can be grilled, fried, baked, or added to soups and stews, providing flexibility in meal preparation?
Sales through retail stores accounted for a share of 13.9% in 2023. Retail channels such as grocery stores, supermarkets/hypermarkets and health food shops are easily accessible to individual consumers. This convenience allows people to purchase tempeh as part of their regular grocery shopping routine without needing to visit specialty stores or wholesalers
North America is expected to grow at a significant CAGR from 2024 to 2030. With increasing awareness of health and wellness among consumers, and tempeh’s nutritional profile-high in protein, fiber, and probiotics-aligns with their focus on healthier eating options. The rise of plant-based diets and vegetarianism/veganism has increased interest in tempeh as a versatile and nutritious meat substitute
Tempeh Market Segmentation
Grand View Research has segmented the global tempeh market on the basis of type, source, distribution channel, and region:
Tempeh Type Outlook (Revenue, USD Million, 2018 - 2030)
Frozen
Fresh
Ready-to-Eat
Tempeh Source Outlook (Revenue, USD Million, 2018 - 2030)
Soya Beans
Multi-grain
Others
Tempeh Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Foodservice
Retail
Hypermarkets & Supermarkets
Convenience Stores
Online
Others
Tempeh Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Spain
Italy
France
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
Indonesia
Central & South America
Brazil
Middle East & Africa
South Africa
List of Key Players in the Tempeh Market
Byron Bay Tempeh
Margaret River Tempeh
Tootie’s Tempeh
Mighty Bean Sunshine Coast
Nutrisoy Pty Ltd
Turtle Island Foods, Inc.
Plant Power
Maple Leaf Foods Inc.
Primasoy
Lalibela Farm Tempeh
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Plant-based Meat Market Key Vendors, Manufacturers, Suppliers and Analysis Industry Report 2030
Plant-based Meat Industry Overview
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.
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.
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The global Vegan Eggs Market is projected to grow significantly, with an estimated market size of USD 146.3 million in 2024, expected to reach USD 489.645 million by 2032, reflecting a compound annual growth rate (CAGR) of 16.3%.In recent years, the global food industry has experienced a paradigm shift, with consumers increasingly seeking sustainable and cruelty-free alternatives to traditional animal-based products. Among these innovations, vegan eggs have emerged as a groundbreaking product, catering to a growing demand for plant-based protein sources. The vegan eggs market is thriving, driven by changing consumer preferences, advancements in food technology, and a collective focus on health and sustainability. Vegan eggs are plant-based alternatives designed to replicate the taste, texture, and functionality of conventional eggs. Typically made from ingredients like mung beans, chickpeas, soy protein, flaxseeds, and aquafaba (chickpea water), these products can be used in cooking and baking just like regular eggs. They provide a comparable nutritional profile, often fortified with vitamins and minerals such as B12 and calcium to meet dietary needs.
Browse the full report https://www.credenceresearch.com/report/vegan-eggs-market
Market Dynamics Driving Growth
The vegan eggs market has witnessed exponential growth, attributed to several key factors:
Rising Popularity of Veganism The global vegan movement has gained traction, fueled by increased awareness of animal welfare, environmental concerns, and health benefits. A significant portion of consumers now identify as flexitarians—those who occasionally consume plant-based products—which has further expanded the target market for vegan eggs.
Health-Conscious Consumers Vegan eggs cater to health-conscious individuals who seek cholesterol-free and low-fat options. With no risk of salmonella and a reduced likelihood of allergenicity compared to traditional eggs, they appeal to those with dietary restrictions and health considerations.
Environmental Sustainability The production of vegan eggs has a considerably lower environmental footprint compared to poultry farming. It requires fewer natural resources, produces less greenhouse gas emissions, and minimizes water usage, aligning with consumers’ growing preference for eco-friendly food products.
Innovation in Food Technology Advances in food science and processing technologies have led to the development of plant-based egg substitutes that closely mimic the texture and functionality of real eggs. Companies like JUST Egg, Simply Eggless, and Zero Egg are leading the market with innovative formulations that enhance consumer acceptance.
Market Trends and Opportunities
Diverse Product Formats Vegan eggs are available in various formats, including liquid, powdered, and ready-to-eat options. Liquid vegan eggs, in particular, have gained popularity for their ease of use and versatility in recipes.
Growing Retail and Foodservice Adoption Retail chains and foodservice providers are increasingly incorporating vegan egg products into their offerings. From plant-based breakfast sandwiches to vegan omelets on restaurant menus, the accessibility of these products is broadening their consumer base.
Global Expansion While North America and Europe are leading markets due to high awareness and disposable incomes, Asia-Pacific and Latin America are emerging as significant growth regions. Local brands and global players are tapping into these markets by adapting products to regional tastes.
Collaborations and Partnerships The vegan eggs market is witnessing partnerships between food manufacturers, retailers, and chefs to create innovative dishes and promote plant-based eating. These collaborations are enhancing product visibility and consumer acceptance.
Challenges and Outlook
Despite its promising growth, the vegan eggs market faces challenges, including:
Price Sensitivity: Vegan eggs are often more expensive than traditional eggs, limiting their appeal to budget-conscious consumers.
Taste and Texture: While significant progress has been made, replicating the exact taste and texture of eggs remains a challenge for manufacturers.
Regulatory Hurdles: In some regions, labeling and marketing restrictions for plant-based products may hinder market growth.
Looking ahead, the vegan eggs market is poised for continued expansion, supported by growing investments in research and development, marketing efforts to educate consumers, and a broader cultural shift toward plant-based diets. Analysts predict that as production scales up and costs decrease, vegan eggs will become more accessible, paving the way for widespread adoption.
Conclusion
The vegan eggs market exemplifies the future of sustainable and ethical food consumption. By addressing health, environmental, and ethical concerns, it aligns with modern consumer values and offers a viable alternative to traditional eggs. As technology continues to improve and awareness grows, vegan eggs are not just a trend but a staple of the evolving global food landscape.
Key Player Analysis:
Eat Just, Inc.
Orgran Foods
EVO Foods
Atlantic Natural Foods LLC
Follow Your Heart
Terra Vegane
Glanbia plc
Cargill
Bob’s Red Mill Natural Foods
The Neat Egg (Neat Foods)
Segmentations:
By Product Type:
Powder
Liquid
By Nature:
Organic
Conventional
By End Use Application:
Food Processing Industry
Bakery & Confectionery
Creamy Sauces
Ice cream & Frozen Desserts
Mayonnaise
Noodles & Pasta
Salad Dressings
Others
2. Food Service Providers
Retail/Household
Convenience Stores
Discount Stores
Modern Trade
Grocery Stores
Online Retail
Specialty Stores
Wholesalers
Other Sales Channel
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
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