Fermented Plant Protein Market Forecast and CAGR
According to latest research by FACT.MR, fermented plant protein market is set to witness steady growth during 2021-2031. In the alternative protein world, the plant-based and cultivated meat sectors are well-known, but a third group is now emerging which is fermentation which is highly in demand for its enriched protein and nutrition content.
Food scientists and manufacturers are investing heavily in developing new ways to use fermentation technology to produce novel sustainable proteins and to advance the production of fermented plant-based protein products. The demand for fermented plant proteins is rising.
Fermented plant proteins have additional advantages, such as the inclusion of probiotics in the food, which makes it easier to absorb, the ability to be rendered gluten-free and vegan, which makes it anti-allergenic.
Rise in the Vegetarian and Vegan Population Driving the Fermented Plant Protein Market
In recent years there has been an increase in the number of vegans and vegetation’s preferring plant-based proteins specifically in developed regions such as North America and Europe.
This group of people is lactose intolerant or rather mindful of their food consumption. As a result, the market for fermented plant protein products is driven by an increase in the number of vegans and vegetarians, as well as an increase in the number of health-conscious consumers.
People are becoming more aware of the benefits of healthy foods and plant-based products, fermented plant protein is becoming more common. Furthermore, the older generation and those over the age of millennials stress the importance of consuming fermented products.
Know More Details About the Report
How Fermented Plant Protein Is Healthy For Us?
With the rise of health consciousness, consumers are looking for healthy nutritional food, fermented plant protein being one of them as beneficial bacteria found in fermented plant protein aid in the balance of the digestive tract it also balances stomach acid.
As a result, fermented plant proteins are a fantastic consumer commodity. The global protein industry is now worth billions of dollars. Moreover, manufacturers are rapidly expanding into the market by introducing a new segment of fermented plant protein.
Fermented plant proteins may also be used as additives by the food and beverage industries to improve the nutritional value of their products. The food and beverage industry is massive, and there is expected to be a global demand for fermented plant proteins.
The US and Canada Demand Outlook for Fermented Plant Protein Market
Vegans and vegetarians, who make up a wide market segment in the US and Canada, are the primary consumers of fermented proteins. Demand for products with long shelf causing a reduction of packaging and wastage of the products acts as a catalyst in the fermented plant protein market.
Furthermore, the demand for fermented Plant Protein is growing as people in the area become more conscious of their protein consumption. Additionally, producers in these regions use advanced fermentation technology, which aids in the production of fermented plant protein.
Avail customized purchase options for your needs
Europe Fermented Plant Protein Market outlook
European market is projected to be a huge opportunity for fermented plant protein, which is unsurprising given that the vegan population increasing in the region.
Also, with the development of advanced fermentation technology in the region, plant-based protein manufacturers are now delivering products that are healthier and tastier.
Fermented Plant Protein market: key players
Some key manufacturers operating the business in the fermented Plant Protein market globally include
- DuPont Chr. Hansen
- FIT-BioCeuticals Ltd. BASF
- Genuine Health
- Body Ecology Inc
- Jarrow Formulas
- Amazonia Pty Ltd
- Sun Brothers LLC
Many major manufacturers are investing in fermented plant proteins as they are very cost-efficient to produce because they use low-cost raw materials and are generated by microorganism fermentation, which needs very little driving energy and reagents.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
Fermented Plant Protein Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Fermented Plant Protein: Market Segmentation
Based on process, the global fermented Plant Protein market can be segmented as:
- Aerobic fermentation
- Anaerobic fermentation
- Batch Fermentation
- Continuous Fermentation
Based on form, the global fermented Plant Protein market can be segmented as:
Based on source, the global fermented Plant Protein market can be segmented as:
- Others (Rice, Potato, Canola, and Oats)
Based on application, the global fermented Plant Protein market can be segmented as:
- Food & Beverage
- Personal Care
- Animal Feed
Based on the region, the global fermented Plant Protein market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Need an Exclusive Report for your Unique Requirement?
- Related Reports -
- Our Clients -
- Evaluate How Fact.MR's Report Can Help. -
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
Is a sample of this report available for evaluation?
Yes, you can request a sample, and it will be sent to you through an email.