Delaware, United States Jun 25, 2020 (Issuewire.com) - Axiom Market Research & Consulting™ published a report on the impact of COVID-19 on the global plant-based proteins market. The study covers economic indicators analysis by major countries and impact on plant-based proteins market of respective countries along with GDP, food & beverage expenditure, government policies, business investments, key marketing strategies etc. The global plant-based proteins market was projected to grow at a CAGR of 4.78% over the forecast period of 2020 to 2026. The global market is estimated and forecasted in terms of revenue (USD million) ad volume (KT) generated by the Plant-based Proteins market.
The global plant-based proteins market is analyzed on the basis of type, form, application and geography. Soy, wheat, pea are the major plant-based protein products accessible to the customers. These products are generally available in isolates, concentrated and textured forms. The global plant-based proteins market finds application in nutritional & dietary supplements, bakery products, meat extender & substitute, beverages and others. The global plant-based proteins market is studied across major countries of North America, Europe, Asia Pacific and Rest of the World.
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The major factors driving the growth of the plant-based protein industry are the mounting number of product launches, expansions, and investment by major players, consumers cutting down on meat consumption and adopting plant-based proteins, nutritional benefits offered by plant-based food, and increasing preference of consumers for the adoption of a vegan diet.
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The major player active in this market is Scoular (The United States), Axiom Foods (The United States), Growing Naturals LLC (The United States), Amway Corporation (The United States), Amco Proteins (The United States), Nestle (Switzerland), Cargill (The United States), Kerry Group (Ireland), DuPont (The United States), Roquette Foods (The United States), Archer Daniels Midland (The United States).
Other Related Reports:
Dietary Supplements Market Report:
https://axiommrc.com/product/hc1993-dietary-supplements-market-report
Meat Substitute Market Report:
https://axiommrc.com/product/1668-global-meat-substitute-market-report
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