New York, According to a new market research report published by Global Insight Services “Feed Plant-based Protein Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Feed plant-based protein is a type of protein that is derived from plants. This type of protein is typically found in soybeans, peas, and other legumes. Feed plant-based protein is a popular choice for those who are looking for a vegetarian or vegan option, as it is free of animal products. This type of protein is also often more affordable than animal-based proteins.
Key Trends
The key trends in Feed Plant-based Protein technology are the use of alternative sources of protein, the use of enzymes to improve protein digestibility, and the use of novel processing techniques to improve protein quality.
The use of alternative sources of protein, such as soybeans, peas, and canola meal, is a trend that is being driven by the need to reduce the reliance on animal-based proteins, which are becoming increasingly expensive.
The use of enzymes to improve protein digestibility is another trend that is being driven by the need to improve the efficiency of protein utilization in animals.
The use of novel processing techniques to improve protein quality is a trend that is being driven by the need to improve the nutritional value of plant-based proteins.
Key Drivers
Feed Plant-based Protein market is growing due to the rising demand for plant-based meat alternatives. The key drivers of this market are the increasing health consciousness among consumers and the growing awareness of the environmental impact of meat production.
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Market Segments
The Feed Plant-based Protein Market is segmented by source, livestock, type and region. By source, the market is divided into soy, wheat, pea and sunflower. Based on livestock, it is segmented into pets, swine, ruminants, poultry, and aquatic animals. On the basis of type, it is bifurcated into concentrates & isolates. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Feed Plant-based Protein Market includes players such as DuPont , Kerry Group, Ingredion , Emsland Group , AGRANA, Avebe , Kroner, Batory Foods, Roquette Frères and AGT Foods.
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Reasons to buy Feed Plant-based Protein Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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