Europe Alternative Proteins Market is Expected to Grow with the CAGR of 16.2% in the Forecast Period of 2020 to 2027

The alternative proteins industry will relinquish an approximated estimate at a frequency of 16.2% for the projection space of 2020 to 2027 with factor such as rising demand from feed and food preservative manufacturers across the world which is propelling the growth of the Europe alternative proteins market.

The major factor boosting the growth of the alternative proteins market is the increasing demand for the food & beverages, feeds and others. It provides nutrition to the body and requires in daily diet as an important ingredient. The alternative proteins can be derived from protein rich-plants and can be used in unprocessed forms to substitute meat in the meals. The nutrients present in meat are mainly iron, fibers and folates. The beef is low in fibers and they can be substituted with mycoproteins, peas, wheat or beans lead to major increase in the fiber consumption. However, allergy associated with the alternative proteins especially with plant protein may hamper the growth of the alternative proteins market.

Alternative Proteins Market Scenario

According to Data Bridge Market Research, the market for alternative proteins in the Germany has the highest market share followed by France and the U.K. Market leader is Cargill, Incorporated which accounts an estimated market share of approximately 25% to 30% in the Europe region. The company has gained outstanding sales through their providing alternative proteins in market and they are helping various food, feed and other manufacturers to fulfil consumer needs in food sector.

  • In October 2019, Cargill, Incorporated has expanded its integrated refined oils and soybean crush facility in Sidney, Ohio. This expansion has helped company to serve farmers in geographic area and to meet growing demand for refined oils and proteins.

Europe Alternative Proteins Market

Trends Impacting the Alternative Proteins market

Now the question is which other regions Cargill, Incorporated, BENEO and DuPont are targeting? Data Bridge Market Research has estimated a large growth in Europe alternative proteins market and the market leaders targeting Germany, France and the U.K. to be their next revenue pockets for 2020.  

The alternative proteins market is becoming more competitive every year with companies such as Cargill, Incorporated, BENEO and DuPont as they are the market leaders for alternative proteins. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the alternative proteins market.

For more analysis on the alternative proteins market request for a briefing with our analysts

Alternative Proteins Market Development

  • In September 2019, CHS Inc. has expanded its soybean processing plant in Fairmont, Minnesota. This expansion has helped the company to increase its market presence for soybean growers present regionally and return value to the owners by increasing production of soy-based feed and food ingredients which have high-demand in the market.

Scope of the Alternative Proteins Market

Europe alternative proteins market is segmented on the basis of countries into the Germany, Italy, France, Switzerland, Russia, Spain, U.K., Belgium, Netherlands, Poland, Turkey, Sweden, Denmark and rest of Europe.

  • All analysis of the Europe alternative proteins market is further analyzed based on maximum granularity into further segmentation. On the basis of category, the alternative proteins market is segmented into organic and inorganic. On the basis of product type, the alternative proteins market is segmented into plant protein, insect protein, mycoprotein, cultured meat and others. On the basis of form, the alternative proteins market is segmented into dry and liquid. On the basis of application, the alternative proteins market is segmented into food and beverages, animal feed, pharmaceuticals, personal care & cosmetics and others.

To know more about the study

Key Pointers Covered in the Alternative Proteins Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Regulatory Framework and Changes
  • Recent Developments for Market Competitors
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study
  • Market Supply Chain Competiveness

Key Market Competitors Covered in the Report

  • AgriProtein
  • Cargill, Incorporated
  • DuPont
  • ADM
  • Axiom Foods, Inc
  • Protifarm
  • Protix B.V.
  • Ÿnsect
  • Roquette Frères
  • CHS Inc.
  • Ingredion Incorporated
  • Kerry Group plc
  • Glanbia plc

Above are the key players covered in the report, to know about more and exhaustive list of alternative proteins companies’, contact us

Research Methodology: Europe Alternative Proteins Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturers, Food and Feed Industrialists, Pharmaceutical & Biotechnological Researchers and many others
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.

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