Middle East and Africa Plant Based Protein Market – Industry Trends and Forecast to 2028

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Middle East and Africa Plant Based Protein Market – Industry Trends and Forecast to 2028

  • Food & Beverage
  • Published Report
  • Jul 2021
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 30

Middle East and Africa Plant Based Protein Market, By Source(soy protein, wheat protein, pea protein, canola protein, potato protein, rice protein, corn protein, oat protein, flaxseeds protein, hemp protein, quinoa protein, Chia protein and others.), protein concentration (concentrate, isolate and hydrolysate),  level of hydrolisation (intact, mildly hydrolized, strongly hydrolized), nature (organic and conventional), form (dry and liquid), function (solubility, gelation, emulsification, water binding, foaming and others) and application (food & beverages and animal feed),  Country (South Africa, Saudi Arabia, Oman, Qatar, UAE, Kuwait, and rest of Middle East and Africa) Industry Trends and Forecast to 2028

Middle East and Africa Plant Based Protein Market Market Analysis and Insights: Middle East and Africa Plant Based Protein Market

Middle East and Africa Plant Based Protein Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.3 % in the forecast period of 2021 to 2028 and is expected to reach USD  1,073.23 Million by 2028.  Increasing demand of Plant based proteins in food and beverages industry is a major driver for the Middle East and Africa Plant based protein market.

Plant based proteins are manufactured using plant based sources such as soy, pea, wheat among others and are further processed to make a final product. It is also considered as a substitute for animal sourced proteins. They have extensive applications in food & beverages industry and animal feed industry. These plant based proteins comes in various forms and they are used as a meat replacer in several food applications. The plant based proteins are used in beverages to add extra nutritional benefits of plant-based proteins such as chick peas, and pea protein among others. These proteins are used in various food products because of their nutritional content. Thus, various health conscious people are turning towards the plant based proteins. Plant proteins are also beneficial for weight loss apart from they act as the building blocks for healthy tissues and muscles.

Plant based proteins have extensive application in food & beverages service sector.

The factors driving the growth of the Middle East and Africa plant based protein market are increase in number of health conscious consumers, rise in population with lactose intolerant consumers, increase in awareness about the benefits of plant based proteins, investments & collaborations in the plant based proteins business and the growing usage of plant based proteins in various applications.

This Middle East and Africa Plant based protein market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Middle East and Africa Plant Based Protein Market Middle East and Africa Plant based protein Market Scope and Market Size

Middle East and Africa Plant based protein market is segmented on the basis of basis of source, protein concentration, level of hydrolisation, form, nature, function and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of source, Middle East and Africa plant based protein market is segmented into soy protein, wheat protein, pea protein, canola protein, potato protein, rice protein, corn protein, oat protein, flaxseeds protein, hemp protein, quinoa protein, Chia protein and others. In 2021, soy protein segment is expected to dominate the market due to higher content of protein in the soy as compared to others. Hence soy proteins are majorly used for proteins sources in various food industry.
  • On the basis of protein concentration, Middle East and Africa plant based protein market is segmented into concentrate, isolate and hydrolysate. In 2021, isolate segment is expected to dominate the market in the as the isolate segment of protein is the finest protein in its purest form with higher protein content
  •  On the basis of level of hydrolisation, Middle East and Africa plant based protein market is segmented into intact, mildly hydrolized, strongly hydrolized. In 2021, mildly hydrolized segment is expected to dominate the market indue to wide application of mildly hydrolized protein in different food and beverage application.
  • On the basis of form, Middle East and Africa plant based protein market is segmented into dry and liquid. In 2021, dry segment is expected to dominate the market as dry segment of protein are easy to carry and have a greater shelf life..
  • On the basis of nature, Middle East and Africa plant based protein market is segmented into organic and conventional. In 2021, conventional segment is expected to dominate the marketowing to greater availability of raw materials needed for conventional product.
  • On the basis of function, Middle East and Africa plant based protein market is segmented into solubility, gelation, emulsification, water binding, foaming and others. In 2021, emulsification segment is expected to dominate the market due to extensive usage of plant based protein in various emulsification process .
  • On the basis of applications, Middle East and Africa plant based protein market is segmented into food & beverages and animal feed. In 2021, food and beverages segment is expected to dominate the market due togrowing usage of plant based protein in food and beverages application as the meat substitute..

Middle East and Africa Plant based protein Market: Country Level Analysis

The Middle East and Africa Plant based protein market is analysed and market size information is provided by country, grade and application as referenced above.

The countries covered in the Middle East and Africa Plant based protein market report are South Africa, Saudi Arabia, Oman, Qatar, UAE, Kuwait, and rest of Middle East and Africa

South Africa is dominating in the Middle East and Africa Plant based protein market with the highest CAGR and highest market share due to increase number of launches by the major manufacturers in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa Plant based protein brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Rising Demand of Plant based protein in Food Industry

Middle East and Africa Plant based protein market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in Plant based protein and changes in regulatory scenarios with their support for the Plant based protein  Product market. The data is available for historic period 2010-2019.

Competitive Landscape and Middle East and Africa Plant based protein Market Share Analysis

Middle East and Africa Plant based protein 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, India presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Middle East and Africa Plant based protein market.

Some of the major players operating in the Middle East and Africa Plant based protein market are ADM, Wilmar International Ltd (2020), Emsland Group, Cargill, Incorporated, DuPont, Ingredion, Kerry, Burcon, DSM, Glanbia plc, Axiom Food, AGT Food and Ingredients Many expansions are also initiated by the companies worldwide which are also accelerating the growth of Middle East and Africa Plant based protein market.

For instance,

  • In May 2021,  Kerry has announced that they developed a food and technology innovation centre of excellence in Australia. This facility will act as the new headquarters for Kerry in Australia and New Zealand as well. This development will help the company to reach out to consumers which further increases the sales and revenue of the company.

Collaboration, joint ventures and other strategies by the market players is enhancing the company footprints in the Plant based protein market which also provides the benefit for organisation in its growth pace.


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Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET

1.4 LIMITATIONS

1.5 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 CURRENCY AND PRICING

2.5 DBMR TRIPOD DATA VALIDATION MODEL

2.6 MULTIVARIATE MODELLING

2.7 SOURCE LIFELINE CURVE

2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.9 DBMR MARKET POSITION GRID

2.1 VENDOR SHARE ANALYSIS

2.11 MARKET APPLICATIONS COVERAGE GRID

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: REGULATORY FRAMEWORK

5.1 FDA

5.1.1 REGULATIONS ON ALLERGEN LABELING

5.1.2 ACCORDING TO THE EUROPEAN UNION (EU)

5.2 ASIA-PACIFIC:

5.3 REGULATIONS IN THE U.S.:

5.4 REGULATIONS IN CANADA:

6 PATENT ANALYSIS OF MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET

6.1 DBMR ANALYSIS

6.2 COUNTRY-LEVEL ANALYSIS

6.3 YEARWISE ANALYSIS

7 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: NEW PRODUCT LAUNCH STRATEGY

7.1 GROWING DEMAND OF PLANT BASED MEAT ALTERNATIVE

7.2 LAUNCHING ORGANIC, CLEAN AND SUSTAINABLE PLANT BASED PRODUCTS FOR HEALTH-CONSCIOUS CONSUMER

7.3 PROMOTING BY HIGHLIGHTING ON GLUTEN-FREE PRODUCTS

7.4 LAUNCHES

8 SUPPLY& DEMAND SCENARIO OF KEY PROTEIN SOURCE COMMODITIES

8.1 PRODUCTION, CONSUMPTION, EXPORT AND IMPORT DATA FOR WHEAT, MAIZE, RICE, SOY, BY COUNTRY (2019-2028)

8.2 PRODUCTION, CONSUMPTION, EXPORT, IMPORT DATA FOR PEA, BY COUNTRY (2012-2014)

8.3 PRODUCTION DATA FOR OAT, BY COUNTRY (2014-2019)

8.4 CONSUMPTION DATA FOR OATS, BY COUNTRY (2021)

8.5 6. PRODUCTION DATA FOR FLEX FIBER, BY COUNTRY (2014-2019)

8.6 PRODUCTION DATA FOR CANOLA (RAPESEED), BY COUNTRY (2014-2019)

8.7 PRODUCTION DATA FOR POTATO, BY COUNTRY (2014-2019)

8.8 PRODUCTION DATA FOR QUINOA, BY COUNTRY (AVERAGE OF 2014-2019)

8.9 PRODUCTION DATA FOR CHIA, BY COUNTRY (2013-2014)

8.1 ANNUAL CROP PRODUCTION GROWTH FORECAST (% PER ANNUM)

9 BRAND COMPETITIVE ANALYSIS

10 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET SUPPLY CHAIN ANALYSIS

10.1 RAW MATERIAL PROCUREMENT

10.2 MANUFACTURING

10.3 MARKETING AND DISTRIBUTION

10.4 END-USER

11 MARKET OVERVIEW

11.1 DRIVERS

11.1.1 GROWING USAGE OF PLANT BASED PROTEIN IN VARIOUS APPLICATIONS

11.2 GROWTH IN INVESTMENTS & COLLABORATIONS IN PLANT BASED PROTEIN BUSINESS

11.3 RISE IN POPULATION WITH LACTOSE-INTOLERANT CONSUMERS

11.4 GROWING AWARENESS REGARDING THE BENEFITS OF PLANT BASED PROTEIN

11.5 RISING VEGAN POPULATION AND INCREASING DEMAND FOR MEAT ALTERNATIVES

11.6 RESTRAINTS

11.6.1 HIGHER COSTS OF PROTEINS

11.6.2 CONSUMING PLANT BASED PROTEINS SOMETIMES LEADS TO ALLERGIES AND SEVERE SIDE EFFECTS

11.7 CHANGE IN THE MARKET CONDITIONS WITH GEOPOLITICAL INSTABILITY

11.8 OPPORTUNITIES

11.8.1 GROWING DEMAND FOR FOOD & BEVERAGES WITH ORGANIC INGREDIENTS

11.8.2 EASY AVAILABILITY OF A VARIETY OF SOURCES FOR THE PRODUCTION OF PLANT BASED PROTEIN

11.8.3 INCREASING NUMBER OF PRODUCT LAUNCHES BY KEY PLAYERS FOR THE PLANT BASED PROTEIN PRODUCTS

11.8.4 RISE IN USE OF PLANT BASED PROTEIN IN NUTRACEUTICAL AND SPORT & ENERGY INDUSTRY

11.9 CHALLENGES

11.9.1 OFF-FLAVORS IN PLANT BASED PROTEIN PRODUCTS DECLINES THE DEMAND

11.9.2 HIGH INITIAL INVESTMENT COSTS INVOLVED FOR SMALL & MEDIUM ENTERPRISES

12 IMPACT OF COVID-19 ON MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET

12.1 IMPACT ON THE DEMAND OF PLANT BASED PROTEIN MARKET

12.2 IMPACT ON THE SUPPLY CHAIN OF THE MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET

12.3 STRATEGIC DECISIONS AND INITIATIVES BY MANUFACTURERS

12.4 CONCLUSION

13 MIDDLE EAST AND AFRICA PLANT BASED PROTEINS MARKET, BY FORM

13.1 OVERVIEW

13.2 DRY

13.3 LIQUID

14 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY FUNCTION

14.1 OVERVIEW

14.2 SOLUBILITY

14.3 GELATION

14.4 EMULSIFICATION

14.5 WATER BINDING

14.6 FOAMING

14.7 OTHERS

15 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY PROTEIN CONCENTRATION

15.1 OVERVIEW

15.2 CONCENTRATE

15.3 ISOLATE

15.4 HYDROLYSATE

16 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY APPLICATION

16.1 OVERVIEW

16.2 FOOD & BEVERAGES

16.3 ANIMAL FEED

17 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY LEVEL OF HYDROLIZATION

17.1 OVERVIEW

17.2 INTACT

17.3 MILDLY HYDROLYZED

17.4 STRONGLY HYDROLYZED

18 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY NATURE

18.1 OVERVIEW

18.2 ORGANIC

18.3 CONVENTIONAL

19 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY SOURCE

19.1 OVERVIEW

19.2 SOY PROTEIN

19.3 WHEAT PROTEIN

19.4 PEA PROTEIN

19.5 CANOLA PROTEIN

19.6 POTATO PROTEIN

19.7 RICE PROTEIN

19.8 CORN PROTEIN

19.9 OAT PROTEIN

19.1 FLAXSEED PROTEIN

19.11 HEMP PROTEIN

19.12 QUINOA PROTEIN

19.13 CHIA PROTEIN

19.14 OTHERS

20 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET BY GEOGRAPHY

20.1 MIDDLE EAST & AFRICA

21 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: COMPANY LANDSCAPE

21.1 COMPANY SHARE ANALYSIS: MIDDLE EAST AND AFRICA

22 SWOT ANALYSIS

23 COMPANY PROFILES

23.1 CARGILL, INCORPORATED

23.1.1 COMPANY SNAPSHOT

23.1.2 REVENUE ANALYSIS

23.1.3 COMPANY SHARE ANALYSIS

23.1.4 PRODUCT PORTFOLIO

23.1.5 RECENT DEVELOPMENT

23.2 WILMAR INTERNATIONAL LTD

23.2.1 COMPANY SNAPSHOT

23.2.2 REVENUE ANALYSIS

23.2.3 COMPANY SHARE ANALYSIS

23.2.4 PRODUCT PORTFOLIO

23.2.5 RECENT DEVELOPMENT

23.3 INGREDION

23.3.1 COMPANY SNAPSHOT

23.3.2 REVENUE ANALYSIS

23.3.3 COMPANY SHARE ANALYSIS

23.3.4 PRODUCT PORTFOLIO

23.3.5 RECENT DEVELOPMENTS

23.4 KERRY

23.4.1 COMPANY SNAPSHOT

23.4.2 REVENUE ANALYSIS

23.4.3 COMPANY SHARE ANALYSIS

23.4.4 PRODUCT PORTFOLIO

23.4.5 RECENT DEVELOPMENT

23.5 DSM

23.5.1 COMPANY SNAPSHOT

23.5.2 REVENUE ANALYSIS

23.5.3 COMPANY SHARE ANALYSI

23.5.4 PRODUCT PORTFOLIO

23.5.5 RECENT DEVELOPMENT

23.6 ADM

23.6.1 COMPANY SNAPSHOT

23.6.2 REVENUE ANALYSIS

23.6.3 PRODUCT PORTFOLIO

23.6.4 RECENT DEVELOPMENTS

23.7 AGT FOOD AND INGREDIENTS

23.7.1 COMPANY SNAPSHOT

23.7.2 PRODUCT PORTFOLIO

23.7.3 RECENT DEVELOPMENT

23.8 AXIOM FOODS, INC.

23.8.1 COMPANY SNAPSHOT

23.8.2 PRODUCT PORTFOLIO

23.8.3 RECENT DEVELOPMENT

23.9 BATORY FOODS

23.9.1 COMPANY SNAPSHOT

23.9.2 PRODUCT PORTFOLIO

23.9.3 RECENT DEVELOPMENTS

23.1 BURCON

23.10.1 COMPANY SNAPSHOT

23.10.2 REVENUE ANALYSIS

23.10.3 PRODUCT PORTFOLIO

23.10.4 RECENT DEVELOPMENT

23.11 COSUCRA

23.11.1 COMPANY SNAPSHOT

23.11.2 PRODUCT PORTFOLIO

23.11.3 RECENT DEVELOPMENT

23.12 DUPONT

23.12.1 COMPANY SNAPSHOT

23.12.2 REVENUE ANALYSIS

23.12.3 PRODUCT PORTFOLIO

23.12.4 RECENT DEVELOPMENTS

23.13 EMSLAND GROUP

23.13.1 COMPANY SNAPSHOT

23.13.2 PRODUCT PORTFOLIO

23.13.3 RECENT DEVELOPMENTS

23.14 ETCHEM

23.14.1 COMPANY SNAPSHOT

23.14.2 PRODUCT PORTFOLIO

23.14.3 RECENT DEVELOPMENT

23.15 GLANBIA PLC

23.15.1 COMPANY SNAPSHOT

23.15.2 REVENUE ANALYSIS

23.15.3 PRODUCT PORTFOLIO

23.15.4 RECENT DEVELOPMENT

23.16 PURIS

23.16.1 COMPANY SNAPSHOT

23.16.2 PRODUCT PORTFOLIO

23.16.3 RECENT DEVELOPMENT

23.17 PROLUPIN GMBH

23.17.1 COMPANY SNAPSHOT

23.17.2 PRODUCT PORTFOLIO

23.17.3 RECENT DEVELOPMENT

23.18 ROQUETTE FRÈRES

23.18.1 COMPANY SNAPSHOT

23.18.2 PRODUCT PORTFOLIO

23.18.3 RECENT DEVELOPMENTS

23.19 SHANDONG JIANYUAN GROUP

23.19.1 COMPANY SNAPSHOT

23.19.2 PRODUCT PORTFOLIO

23.19.3 RECENT DEVELOPMENT

23.2 SOTEXPRO

23.20.1 COMPANY SNAPSHOT

23.20.2 PRODUCT PORTFOLIO

23.20.3 RECENT DEVELOPMENT

23.21 THE GREEN LABS LLC

23.21.1 COMPANY SNAPSHOT

23.21.2 PRODUCT PORTFOLIO

23.21.3 RECENT DEVELOPMENT

23.22 YANTAI SHUANGTA FOOD CO., LTD

23.22.1 COMPANY SNAPSHOT

23.22.2 PRODUCT PORTFOLIO

23.22.3 RECENT DEVELOPMENT

24 QUESTIONNAIRE

25 RELATED REPORTS

List of Figure

FIGURE 1 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET : SEGMENTATION

FIGURE 2 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET : DATA TRIANGULATION

FIGURE 3 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET : DROC ANALYSIS

FIGURE 4 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: MIDDLE EAST AND AFRICA VS REGIONAL MARKET ANALYSIS

FIGURE 5 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET : COMPANY RESEARCH ANALYSIS

FIGURE 6 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 7 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET : DBMR MARKET POSITION GRID

FIGURE 9 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: MARKET APPLICATIONS COVERAGE GRID

FIGURE 10 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: SEGMENTATION

FIGURE 11 INCREASING USAGE OF PLANT BASED PROTEIN IN VARIOUS APPLICATIONS IS DRIVING THE MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET IN THE FORECAST PERIOD OF 2020 TO 2028

FIGURE 12 SOY PROTEIN SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET IN 2020 & 2028

FIGURE 13 FIGURE 1: PATENT REGISTERED FOR PLANT BASED PROTEIN, BY COUNTRY

FIGURE 14 FIGURE 2: PATENT REGISTERED YEAR (2017 - 2021)

FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET

FIGURE 16 BELOW IS THE DATA MENTIONED FOR SOME OF THE RAW MATERIALS SOURCES PRODUCTION ACROSS THE WORLD FROM 2020 - 2021:

FIGURE 17 BELOW MENTIONED ARE SOME OF THE LAUNCHES FOR THE PLANT BASED PROTEIN IN 2017:

FIGURE 18 MIDDLE EAST AND AFRICA PLANT BASED PROTEINS MARKET, BY FORM

FIGURE 19 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY FUNCTION

FIGURE 20 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY PROTEIN CONCENTRATION

FIGURE 21 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY APPLICATION

FIGURE 22 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY LEVEL OF HYDROLIZATION

FIGURE 23 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY NATURE

FIGURE 24 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET, BY SOURCE

FIGURE 25 MIDDLE EAST & AFRICA PLANT BASED PROTEIN MARKET: SNAPSHOT (2020)

FIGURE 26 MIDDLE EAST & AFRICA PLANT BASED PROTEIN MARKET: BY REGION (2020)

FIGURE 27 MIDDLE EAST & AFRICA PLANT BASED PROTEIN MARKET: BY REGION (2021 & 2028)

FIGURE 28 MIDDLE EAST & AFRICA PLANT BASED PROTEIN MARKET: BY REGION (2020 & 2028)

FIGURE 29 MIDDLE EAST & AFRICA PLANT BASED PROTEIN MARKET: BY RAW MATERIAL (2021-2028)

FIGURE 30 MIDDLE EAST AND AFRICA PLANT BASED PROTEIN MARKET: COMPANY SHARE 2020 (%)

Research Methodology

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.

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Frequently Asked Questions

The Middle East and Africa Plant Based Protein Market is projected to grow at a CAGR of 10.3% during the forecast period by 2028.
The future market value of the Middle East and Africa Plant Based Protein Market is expected to reach USD 1,073.23 Million by 2028.
The major players in the Middle East and Africa Plant Based Protein Market are ADM, Wilmar International Ltd (2020), Emsland Group, Cargill, Incorporated, DuPont, Ingredion, Kerry, Burcon, DSM, Glanbia plc, Axiom Food, AGT Food, etc.
The countries covered in the Middle East and Africa Plant Based Protein Market are South Africa, Saudi Arabia, Oman, Qatar, UAE, Kuwait, and rest of Middle East and Africa.