The Global Alternative Protein Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.  

Global alternative protein market size reached USD 14.76 billion in 2021 and is expected to register a revenue CAGR of 11.1% during the forecast period, according to the latest analysis by Emergen. Rising per capita income and increasing demand for vegan and plant-based are expected to support market revenue growth between 2022 and 2030. Besides increasing demand for organic products, shift toward sustainable lifestyle is further expected to drive market revenue growth.

In addition, rising demand for vegan and organic food products due to their health advantages has led to rise in preference for plant-based protein products, which is expected to contribute significantly to market revenue growth.

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Rising demand for organic products and shift toward a sustainable lifestyle are significant factors that are expected to increase demand for alternative protein. Increasing awareness of health risks associated with meat consumption and growing activism against animal cruelty have led to rising adoption of vegan products as an alternative source of protein content. According to World Health Organization (WHO) International Agency for Research on Cancer (IARC), intake of red meat is carcinogenic to humans. These conclusions had been based on the proof for colorectal cancer. Data showed a positive correlation between processed meat consumption and stomach and pancreatic cancer. Meat processing includes curing of the meat, which can result in the formation of cancer-causing (carcinogenic) chemical substances such as N-nitroso compounds (NOC) and Polycyclic Aromatic Hydrocarbons.

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Key companies operating in the Alternative Protein market include:

Kerry Inc., DuPont de Nemours Inc., Royal Avebe UA, Corbion NV, Glanbia PLC, Cargill Incorporated, Ingredion Incorporated, The Archer Daniels Midland Company, Roquette Frères Le Romain, and Tate Lyle PLC.

Based on the product type, the Alternative Protein market is segmented into:

Emergen Research has segmented global alternative protein market on the basis of source, application, form, and region:

• Source Outlook (Revenue, USD Billion, Volume, Kilo Tons;2019–2030)
  • Plant-based
  • Insect-based
  • Microbial-based
• Application Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019–2030)
  • Meat Substitutes
  • Dairy Alternatives
  • Bakery
  • Nutrient Supplement
• Form Outlook (Revenue, USD Billion, Volume, Kilo Tons;2019–2030)
  • Dry Form
  • Wet Form

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/alternative-proteins-market

Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

• North America
  • S.
  • Canada
• Europe
  • K.
  • Italy
  • Germany
  • France
  • Rest of EU
• Asia Pacific
  • India
  • Japan
  • China
  • South Korea
  • Australia
  • Rest of APAC
• Latin America
  • Chile
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

Key Questions Addressed in the Report:

• Who are the leading players in the Alternative Protein industry?
• Which region is expected to dominate the market in the coming years?
• What are the key applications of Alternative Protein?
• Which segment is expected to garner traction during the coming years?
• What are the key strategies adopted by leading players in the market?

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