Alternative Proteins Market to See Promising Growth of USD 1068.88 million by 2029, Size, Share, Growth, Trends, Gross Revenue and Key Players Outlook

PRESS RELEASE
Published July 26, 2023

Data Bridge Market Research presents this information in their report titled Global Alternative Proteins Market.  Granular market information gathered in the persuasive  Alternative Proteins Market business report will be helpful to Alternative Proteins Market industry to take competent business decisions. This global market research report is a window for the complete overview of the market where it covers various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. The research study carried out in the report also helps to recognize various drivers and restraints impacting the market during the forecast period. By applying consistent knowledge throughout the report, research, analysis and estimations are drawn in Alternative Proteins Market report.

Alternative Proteins Market analysis report comprises of a number of market insights which help with the more precise understanding of the market landscape, issues that may impose on the industry in the future, and how to place specific brands in the best way. In this report, industry trends are formulated on macro level which assists comprehend market place and possible future issues. With the complete comprehension of business goals and needs to bridge the gap, this report is generated which delivers the most suitable and suitable solutions. Alternative Proteins Market is a professional and a detailed report that focuses on primary and secondary drivers, market share, market size, leading segments and geographical analysis.

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Alternative Proteins Market

Alternative Proteins Market Analysis and Size

Consumers’ dietary preferences are changing globally, and there is a low preference for meat and meat-based products among global consumers. The growing number of flexitarian or vegan consumers has created numerous opportunities for manufacturers to introduce and innovate in the Alternative proteins segment. Health concerns, climate action, and growing awareness of ethical issues in factory farming are all driving demand for alternative proteins. Alternative protein companies are expanding rapidly today. New entrants are employing disruptive technologies such as synthetic biology, big data, AI, machine learning, robotics, and the Internet of Things to gain a competitive advantage in the market.

Data Bridge Market Research analyses that the alternative proteins market was valued at USD 349.42 million in 2021 and is expected to reach the value of USD 1068.88 million by 2029, at a CAGR of 15.00% during the forecast period of 2022-2029.

 Market Definition

Proteins derived from algae, plants, and insects are referred to as alternative proteins. They provide a significant amount of protein while requiring fewer natural inputs than traditional protein sources such as fish and meat. Protein is primarily responsible for forming lean body tissue and supplying elements required by digestive enzymes.

Some of the major players operating in the alternative proteins market are:

  • Glanbia plc. (Ireland)
  • Now Health Group, Inc. (U.S.)
  • Nutiva Inc (U.S.)
  • The Simply Good Food Co (U.S.)
  • Iovate Health Sciences International Inc. (Canada)
  • MusclePharm Corporation (U.S.)
  • Kerry Group Plc (Ireland)
  • CytoSport, Inc. (U.S.)
  • The Nature’s Bounty Co. (U.S.)
  • Reliance Vitamin Company, Inc. (U.S.)
  • Herbalife Nutrition, Inc. (U.S.)
  • Danone SA (France)
  • General Nutrition Centers (GNC) Holdings, Inc. (U.S.)
  • Orgain Inc. (U.S.)
  • True Nutrition (U.S.).

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The alternative proteins market is segmented on the basis of category, product type, form and application. 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.

Category

  • Organic
  • Inorganic

Product type

  • Alternative Proteins
  • Insect Protein
  • Mycoprotein
  • Cultured Meat
  • Others

Form

  • Dry
  • Liquid

Application

  • Food and Beverages
  • Animal Feed
  • Pharmaceuticals
  • Personal Care
  • Cosmetics
  • Others

Table of Contents (TOC) for a Alternative Proteins Market research report:

  1. Executive Summary
  2. Introduction
    • Alternative Proteins Market Definition
    • Research Methodology
    • Data Sources
  3. Alternative Proteins Market Overview
    • Alternative Proteins Market Dynamics
    • Alternative Proteins Market Drivers
    • Alternative Proteins Market Restraints
    • Alternative Proteins Market Opportunities
    • Industry Trends
  4. Alternative Proteins Market Segmentation
    • By Product Type
    • By Application
    • By Region
  5. Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  6. Competitive Landscape
    • Alternative Proteins Market Share Analysis
    • Key Players
    • Company Profiles
  7. Alternative Proteins Market Forecast
    • Alternative Proteins Market Size and Growth
    • Revenue Projections
    • Growth Opportunities
  8. Conclusion
  9. Appendix
    • List of Abbreviations
    • Methodology
    • Data Sources
    • Disclaimer

Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-alternative-proteins-market&SR

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