Green Plant-Based Proteins Market size is valued at USD 44.2 billion by 2027 and is expected grow at a compound annual growth rate of 12.00% in the forecast period of 2020 to 2027 due to the rapid increase in demand for wellness focused organic food and beverages which is primarily driving the market growth rate.
Beside this, the constant rise in demand for food and beverages with organic ingredients as well as growing focus on aquatic plants as new and rising sources of protein will produce lucrative opportunities for the growth of the green plant-based proteins market.
According to Data Bridge Market Research the market for green plant-based proteins is accelerating because of the high growth in investments and collaborations in the plant-based food business. Also the, increase in population with lactose intolerance along with increase in the obesity rates and with rising vegan population are also expected to fuel the demand of the green plant-based proteins market over the forecast period of 2020 to 2027. Whereas, the various side effects coupled with plant-based protein sources such as soy and wheat will hamper the growth of the green plant-based proteins market in the above mentioned forecast period.
Now the question is which are the other regions that green plant-based proteins market is targeting? Data Bridge Market Research has estimated North America to dominate the market due to high demand for plant protein and improved R&D so as to expand new kinds of plant protein enriched products within the region.
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Green plant-based proteins market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of green plant-based proteins companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-green-plant-based-proteins-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed 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.
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Global Green Plant-Based Proteins Market - Industry Trends and Forecast to 2027