Global 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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Global 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 global 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 created a global 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 the alternative proteins market. The other key players existing in the market includes Insect Technology Group Holdings UK Ltd., Ÿnsect, Protix,Protifarm,Enterra Feed Corporation, Cargill, Incorporated,Axiom Foods, Inc, BENEO, NOW Foods, Roquette Frères,Farbest Brands, Tianjin Norland Biotech Co., ltd, PARABEL,ADM,DuPont, CHS Inc.,INGREDION, Kerry Group, EntomoFarms and Glanbia Nutritional and among others.
Cargill, Incorporated
Cargill, Incorporated is headquartered in Minnesota, U.S. and was founded in 1865. The company is engaged in outgrowing development alternative proteins industry on a worldwide scale. The company has various brand categories that are agriculture, animal nutrition, beauty, bioindustrial, food & beverage, foodservice, industrial, pharmaceutical, meat & poultry, transportation out of which food & beverage is market focused brand category.
The company has presence across the globe in Africa, Europe, Middle East, Asia-Pacific, Latin America, and North America.
DuPont
DuPont is headquartered in Delaware, U.S., and was founded in 1802. The company is engaged in commercializing of electronics & imaging, nutrition & biosciences, transportation & industrial, safety & construction, non-core and nutrition & biosciences is the market focused business segment. The company offers product categories which are animal nutrition & health, construction materials, dietary supplement ingredients, fabrics, fibers & nonwovens, microbial control solutions, industrial enzymes & bioactives, packaging materials & solutions, personal protective equipment, solar/photovoltaic materials, food & beverage ingredients, medical devices & materials, water solutions, pharmaceutical ingredients, electronic solutions, adhesives and resins out of which food & beverage ingredients is market focused category.
The company has wide global presence across the globe such as North America, Asia-Pacific, Europe & 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).
BENEO
BENEO is headquartered in Mannheim, Germany and was founded in year 2007. The company is engaged in the manufacturing and commercializing of wide range of alternative proteins across the world. The company offers wide range of product categories such as human nutrition, animal nutrition, pharmaceutical excipients, and intense sweeteners which human nutrition out of which animal nutrition is the market focused category.
The company has wide global presence across the world such as North America, South America, Europe, and Asia-Pacific.
Global Alternative Proteins Market – Industry Trends and Forecast to 2027
Asia-Pacific Alternative Proteins Market – Industry Trends and Forecast to 2027
Europe Alternative Proteins Market – Industry Trends and Forecast to 2027
Middle East and Africa Alternative Proteins Market – Industry Trends and Forecast to 2027
North America Alternative Proteins Market – Industry Trends and Forecast to 2027
Cargill, Incorporated, BENEO and DuPont are dominating in the Europe Alternative Proteins Market in 2019