Protein Alternatives Market

1. Protein Alternatives Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast Theprotein alternatives market sizeisanticipatedtoexpandatsignificantCAGRduringforecastperiod2021– 2028.Growthofthemarketisattributedtorapidurbanization,increasingoverallefficiency&produ ctivityforenterprises,increasingintolerancetowardsanimalprotein. The Covid-19 pandemic affected the protein alternatives market. Lockdown across the globe, reduction in demand of the protein, supply chain disorders, and decreasing supply of materials required to make proteins, forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period. Request Sample link :- https://growthmarketreports.com/request-sample/2130 Market Trends, Drivers, Restraints, and Opportunities Changing customer preference towards vegan protein is projected to boost the market. Increasing usages of protein alternatives in confectionery is the major factor fueling the market. Lack of awareness about the protein alternatives is projected to restrict the market expansion during the forecast period. High price of the products is anticipated to hamper the market growth in the coming years. R&D investment and technological advancement in protein alternatives market is projected to offer lucrative opportunities for the market players      Market Segment Insights:

2. The plant protein segment accounts for key share of the market On the basis of sources, the protein alternatives market is fragmented into insect protein, plant protein, algal protein, and mycoprotein. The plant protein segment is sub-segmented into pea protein, dry protein, wheat protein, and others. The plant protein segment accounts for a key share of the market. Growth of the market is attributed to incorporation of plant protein in processed food and increasing research & development activities in protein alternatives. However, the algal protein segment is anticipated to expand at a rapid pace during the forecast period due to increasing per capita income, rising awareness among consumers, and increasing plant-based diets. Enquiry Link :- https://growthmarketreports.com/enquiry-before-buying/2130 Competitive Landscape Key players competing in the protein alternatives market include Royal Avebe UA; Corbion NV; Ingredion Inc.; Cargill, Inc.; DuPont de Nemours Inc.; The Archer Daniels Midland Company; Glanbia PLC; and Kerry Inc. Some of these players are using several market strategies such as product launches, capacity expansion, merger, acquisitions, collaborations, and partnerships to enhance their market shares and to generate revenue and raise their production line of the business in the coming years. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter