Cargill, Incorporated, BENEO and DuPont are dominating in the Europe Alternative Proteins Market in 2019

Europe Alternative Proteins Market is expected to grow with the CAGR of 16.2% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe alternative proteins market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe alternative proteins market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in May 2019, ADM has acquired the Ziegler Group which is an industry leader in Europe for natural citrus solutions. This acquisition is the combination with ADM’s recent acquisition of Florida Chemical Company which is the U.S. citrus flavor innovator. They create Europe platform to serve customers with innovative citrus solutions worldwide. This acquisition has helped the company to broaden its geographical presence and serve more customers.

Cargill, Incorporated is the dominating player in Europe alternative proteins market. The other key players existing in the alternative proteins market includes AgriProtein, DuPont, BENEO, ADM, Axiom Foods, Inc, Protifarm, Protix B.V., Ÿnsect, Roquette Frères, CHS Inc., Ingredion Incorporated, Kerry Group plc and Glanbia plc among others.

Cargill, Incorporated:

Cargill, Incorporated is headquartered in Minnesota, U.S. and was founded in 1865. The company is engaged in outgrowing development for alternative proteins industry on worldwide scale. The company provides various products under categories such as agriculture, animal nutrition, beauty, bioindustrial, food & beverage, foodservice, industrial, pharmaceutical, meat & poultry and transportation out of which food & beverage is the market focused category.

For instance,

• In June 2017, Cargill, Incorporated has acquired Colombian-based Pollos El Bucanero S.A. The company is Colombia’s leading producers of processed meats products and chicken products. This has helped the company to expand its product portfolio in Colombia. 

The company has presence across the globe in Africa, Europe, Middle East, Asia-Pacific, Latin America and North America. In addition, the company also generates revenue through the subsidiary such as NatureWorks (U.S.), Cargill Meat Solutions (U.S.), Cargill Ltd. (Canada), Bucanero chickens S.A. (Colombia) and Teys Australia (Australia) among others.

DuPont:

DuPont is headquartered in Delaware, U.S. and was founded in 1802. The company is engaged in manufacturing and supply of safety, healthcare, nutrition, electronics, mobility and construction equipment. The company deals in multiple business segments such as electronics & imaging, nutrition & biosciences, transportation & industrial, safety & construction and non-core out of which nutrition & biosciences is the market focused segment. The company offers products under categories which are antioxidants, extracts and flavorants, avicel cellulose gel, carob protein, cellulose gum, cultures for plant based food, dairy cultures, dietary fibers, emulsifiers, food enzymes, functional ingredient systems, gellan gum, guar gum, HMOs, lecithin, locust bean gum, meat cultures, medium chain triglycerides, methocel and wellence modified cellulose, pectin, pharmaceuticals, protein, seaweed, succinoglycan, sweeteners, xanthan, betapower natural betaine and probiotics out of which Carob Protein and Protein are the market focused categories.

For instance,

• In September 2020, DuPont Nutrition & Biosciences (DuPont) has launched the multiple probiotic formulations and dairy cultures for China which offered new solutions for yogurt producers in differentiation and growth of future positioning. This has helped company to widen its product portfolio range.

The company has wide presence across North America, Asia-Pacific, Europe and Middle East, South America and Africa and generates revenue from subsidiaries such as Danisco (Denmark), Dupont Korea (Korea), DuPont Sustainable Solutions (U.S.), Genencor (U.S.), Solae (U.S.), DuPont NLco B.V. (Netherlands), DuPont Capital Management (U.S.), E.I. DuPont Canada Co (Canada) among others.

BENEO:

BENEO is headquartered in Mannheim, Germany and was established in 2007. The company encompasses and use all our expertise to ensure that our products and services enabling to develop even better human and animal nutrition. The company offers wide range of products under categories such as human nutrition, animal nutrition, pharmaceutical excipients and intense sweeteners among which human nutrition and animal nutrition are the market focused categories.

For instance,

• In June 2020, BENEO has expanded its portfolio with new organic ingredients such as rice starch, Remyline O AX DR and others. The increasing consumers demand has led to the expansion leading to enhanced product portfolio of the company into the market.

The company has wide presence across North America, South America, Europe and Asia-Pacific.