Global Texturized Vegetable Protein Market Outlook and Future Assessment during 2018-2028

Published on : Aug 24, 2018

Albany, New York, August 24, 2018: Market Research Hub (MRH) has freshly announced the inclusion of a study titled “Texturized Vegetable Protein Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028” to its vast archive, which offers a strategic analysis of the global market for texturized vegetable protein and the growth forecast for the period 2018 to 2028. According to the research findings, global demand for texturized vegetable proteins is expected to grow at a significant rate during the mentioned forecast period.

To provide clear and accurate results, the study estimates market size and growth in term of value and CAGR. Firstly, this report comprises an executive summary that gives a market snapshot conveying information about various segments of texturized vegetable protein market. In recent years, the demand for texturized vegetable protein has grown steadily. Also, the consumption of texturized soy proteins is high among older population, lactating women, pregnant women as well as children. According to the study evaluations, the global texturized vegetable protein market is projected to expand at a robust CAGR of 4.9% during the period of forecast, 2018-2028.

As awareness regarding healthy lifestyles increases, limited fat & carbohydrate content in food is becoming a major point of contention in diets across all age groups. It has been clearly stated in the study that, growing number of consumers preferring a “flexitarian” diet, individuals whose protein intake is dependent on sustainable sources like plant-based foods and drastically reducing the consumption of meat in their diet, is expected to be a significant factor driving the use of texturized vegetable protein.

The study further has been broadly categorized on the basis of product type, form, geography and end-use. Geographically, the research highlights major regions including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and the Middle East & Africa. Of these, the Asia Pacific excluding Japan market is expected to expand at a robust rate of 6.3% in terms of revenue over the mentioned forecast period.

Competitive Tracking

After examining this market thoroughly, analysts have arrived at a conclusion that the key players operating in this market are focusing on enhancing production capacity and innovation in terms of various forms and value added products that are healthy and also find its way in a plethora of different applications. The last section is a crucial part of the study which offers competitive landscape by profiling key players active in the industry. They are ROQUETTE FRERES S.A., CHS, Inc., Archer Daniels Midland Company, Cargill, Inc., E.I. du Pont de Nemours & Co., MGP Ingredients, Inc., Sonic Biochem Extractions Limited, Sotexpro, BENEO GmbH, Victoria Group, Shandong Yuxin Soybean Protein Co. Ltd., Crown Soya Protein Group, among others.

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