Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 127.68 Million |
| USD 206.59 Million | |
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Columbia Vegetable Protein and Meat Market By Type of Protein (Soy Protein, Pea Protein, Wheat Protein and Others), Beef Meat (Fresh Beef and Frozen Beef) Form (Chunks, Flakes, Granules, Others) End Use (Household, Commercial, Industrial) Distribution Channel (Supermarket, Online Stores, Others) – Industry Trends and Forecast to 2029.
Vegetable protein is essential in vegan or vegetarian diets. People frequently turn to vegetable protein to achieve the proper nutritional profile that a strict vegan diet may produce. As the vegan population grows, a growing number of businesses are attempting to adapt to the changing food culture by introducing more vegetable protein products to the market.
Data Bridge Market Research analyses that the vegetable protein and meat market which was growing at a value of USD 127.68 million in 2021 is expected to reach the value of USD 206.59 million by 2029, at a CAGR of 6.20% during the forecast period. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Market Definition
Vegetable protein and meat is a by-product extracted from the processing of various vegetable ingredients that is used as a meat substitute due to its protein content that is comparable to meats. It is a defatted version of vegetable proteins cooked in a straightforward manner. Texturized structural integrity of these proteins improves the chewiness and texture of the food products in which they are used.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type of Protein (Soy Protein, Pea Protein, Wheat Protein and Others), Beef Meat (Fresh Beef and Frozen Beef) Form (Chunks, Flakes, Granules, Others) End Use (Household, Commercial, Industrial) Distribution Channel (Supermarket, Online Stores, Others)
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Market Players Covered
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ADM (U.S.), Cargill Incorporated (U.S.), CHS Inc (U.S.), Roquette Freres (France), DuPont (U.S.), Wilmar International (Singapore), The Scoular Company (U.S.), Puris Foods (U.S.), VestKorn (Norway), MGP Ingredients (U.S.), Beneo GmbH (Germany), Shandong Yuxin Biotechnology Co. Ltd (China), FoodChem International Corporation (China), Shandong Wonderful Industrial Group Co. Ltd (China), Axiom Foods (U.S.), AGT Food & Ingredients (Canada), Sun NutraFoods (India), Crown Soya Protein Group Company (China), La Troja (Spain), and Hung Yang Foods (Taiwan)
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Opportunities
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Drivers
Rising obesity rates globally, increased public awareness of health and fitness, increased importance of plant-based nutrition, and the expansion of the nutrition industry are just a few of the factors that will likely drive the growth of the vegetable protein and meat market.
Textured vegetable protein production is increasing to meet the growing demand for snacks among the millennial population. According to research, millennials prefer high-protein snacks more than any other age group. As a result, ingredient companies are developing nutritional bars to meet consumers' 'on-the-go' snacking needs.
Furthermore, due to the market's increased demand for nutritional foods, demand for vegetable protein and meat is expected to rise. Consumers are shifting their focus toward healthy diets and increasing their protein intake as they become more aware of the benefits of nutritional and health products. This, in turn, significantly contributes to the growth of the vegetable protein and meat markets.
Opportunity
The growing vegan and flexitarian population is expected to drive the vegetable protein and meat market. Due to the global increase in vegetarianism, opportunities for members in the vegetable proteins market abound. Customers of the modern generation are more aware than ever of the negative impact that a non-vegetarian diet has on the world and are shifting toward a more sustainable vegetarian/vegan diet.
Restraints
Vegetable-sourced ingredients have functional health benefits and essential minerals; however, in several cases, their consumption has been linked to human allergies, limiting market growth. Furthermore, soy protein contains a high concentration of phytic acid, which has the potential to inhibit mineral absorption such as calcium, magnesium, copper, iron, and zinc. As a result of soy allergy, humans may experience itching and hives. Other symptoms include bloating, diarrhoea, nausea, and abdominal pain.
This vegetable protein and meat market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the vegetable protein and meat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 outbreak has placed significant strain on the food and nutraceutical industries. Doctors, nurses, other medical professionals, hygiene workers or sweepers, and others are among those working hard to halt the spread of the novel coronavirus. Government agencies have advised citizens to eat a healthy and nutritious diet to combat the disease. This is expected to increase demand for vegetable protein and meat, both of which promote good health and optimal body function by supplying essential nutrients. Protein derived from vegetables is required to grow and repair human cells and tissues. Plant protein promotes weight loss while also providing the building blocks for healthy muscles and tissues.
Recent Development
The vegetable protein and meat market is segmented on the basis of type of protein, beef meat, form, end use and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type of protein
Beef meat
Distribution channel
Form
End use
The vegetable protein and meat market is analysed and market size insights and trends are provided by country, type of protein, beef meat, form, end use and distribution channel as referenced above.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Columbia brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The vegetable protein and meat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Columbia presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vegetable protein and meat market.
Some of the major players operating in the vegetable protein and meat market are:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Colombia Vegetable Protein And Meat Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Colombia Vegetable Protein And Meat Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.