1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 REGIONAL SEGMENTATION 16
1.4 PERIODIZATION CONSIDERED 17
1.5 CURRENCY CONSIDERED 17
1.6 UNITS CONSIDERED 18
1.7 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 21
2.3 DATA TRIANGULATION 23
2.4 RESEARCH ASSUMPTIONS 24
2.5 LIMITATIONS 24

3 EXECUTIVE SUMMARY 25

4 PREMIUM INSIGHTS 33
4.1 ATTRACTIVE OPPORTUNITIES IN THE PLANT-BASED PROTEIN MARKET 33
4.2 PLANT-BASED PROTEIN MARKET, BY REGION 33
4.3 PLANT-BASED PROTEIN MARKET, BY APPLICATION 34
4.4 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE & COUNTRY 35

5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 38
5.2.1 DRIVERS 38
5.2.1.1 Rise in trend of health and sustainability 38
5.2.1.2 Innovations in terms of integrating plant-based proteins with meat and poultry products 39
5.2.1.3 Increase in cases of lactose intolerance and milk allergies 40
5.2.1.4 Growth in investments in plant-based food businesses 40
5.2.1.5 Social media trends to sway more consumers toward plant-based proteins 41
5.2.2 RESTRAINTS 42
5.2.2.1 Allergies associated with plant-based protein sources such as soy and wheat 42
5.2.3 OPPORTUNITIES 43
5.2.3.1 Constant rise in demand for food with organic ingredients 43
5.2.3.2 Immense opportunity in the need for alternative solutions to meet the increasing meat demand 43
5.2.4 CHALLENGES 44
5.2.4.1 Increase in production of and adulteration with genetically modified (GM) soybean 44
5.2.4.2 Unpleasant flavor of soy products 45
5.3 REGULATORY FRAMEWORK 45
5.3.1 BURNING ISSUES REGARDING PROTEIN INTAKE 45

6 PLANT-BASED PROTEIN MARKET, BY SOURCE 46
6.1 INTRODUCTION 47
6.2 SOY 48
6.2.1 SIGNIFICANT RISE IN DEMAND FOR SOY AS AN ALTERNATIVE TO MEAT PROTEIN SOURCES 48
6.3 WHEAT 50
6.3.1 CONSUMPTION OF WHEAT PROTEIN TO BE THE HIGHEST IN EUROPE AS COMPARED TO OTHER REGIONS 50
6.4 PEA 51
6.4.1 RISE IN DEMAND FOR PLANT-BASED MEAT AND HEALTHY FOOD PRODUCTS TO DRIVE THIS SEGMENT 51
6.5 OTHERS 53
6.5.1 INCREASE IN AWARENESS REGARDING VARIOUS BENEFITS ASSOCIATED WITH THE CONSUMPTION OF OATS 53

7 PLANT-BASED PROTEIN MARKET, BY APPLICATION 54
7.1 INTRODUCTION 55
7.2 PROTEIN BEVERAGES 57
7.2.1 GROWTH IN AWARENESS OF THE BENEFITS OF PROTEIN IN THEIR DIETS 57
7.3 DAIRY ALTERNATIVES 58
7.3.1 HIGHER DEMAND FOR DAIRY ALTERNATIVES THAT PROVIDE A SENSORY TASTE AS WELL AS NUTRITIONAL BENEFITS 58
7.4 MEAT ALTERNATIVES 59
7.4.1 SHIFT IN CONSUMPTION PATTERNS IN THE NORTH AMERICAN REGION TOWARD MEAT-FREE PRODUCTS 59
7.5 PROTEIN BARS 60
7.5.1 OWING TO THE HIGH NUTRITION LEVELS, PROTEIN BARS ARE GAINING IMPORTANCE AMONG HEALTH-CONSCIOUS CONSUMERS 60
7.6 NUTRITION SUPPLEMENTS 61
7.6.1 APPLICATION OF PLANT-BASED PROTEINS IN NUTRITION SUPPLEMENTS ATTRIBUTED TO THEIR HIGH AMINO ACID PROFILE 61
7.7 PROCESSED MEAT, POULTRY, AND SEAFOOD 63
7.7.1 PEA PROTEINS ARE USED BY PROCESSED MEAT MANUFACTURERS AS A MORE ECONOMICAL REPLACEMENT FOR ANIMAL MEAT 63
7.8 BAKERY PRODUCTS 64
7.8.1 GROWTH IN TREND OF NATURAL NUTRITION, HEALTHY LIVING, AND ORGANIC PRODUCTS HAS SIGNIFICANTLY FUELED THE DEMAND FOR PLANT-BASED PROTEINS 64
7.9 CONVENIENCE FOOD 65
7.9.1 INCREASE IN HEALTH CONSCIOUSNESS AND OBESITY LEVELS HAVE COMPELLED CONSUMERS TO FOCUS ON HEALTHY DIETS 65
7.10 SPORTS NUTRITION 66
7.10.1 PROTEIN POWDERS, WHICH ARE A MAINSTAY OF SPORTS NUTRITION PRODUCTS, ARE IN HIGH DEMAND 66

8 PLANT-BASED PROTEIN MARKET, BY TYPE 68
8.1 INTRODUCTION 69
8.2 ISOLATES 70
8.2.1 ISOLATES TO WITNESS HIGH GROWTH DUE TO THE RISING AWARENESS ABOUT HEALTHY FOOD HABITS AMONG CONSUMERS 70
8.3 CONCENTRATES 71
8.3.1 CONCENTRATES TO WITNESS HIGH DEMAND FROM THE NORTH AMERICAN PACKAGED FOOD & BEVERAGE SECTOR 71
8.4 PROTEIN FLOUR 72
8.4.1 FAST-PACED LIFESTYLES IN DEVELOPED AND DEVELOPING COUNTRIES DRIVE THE DEMAND FOR PROTEIN FLOUR IN SEVERAL FOOD APPLICATIONS 72

9 PLANT-BASED PROTEIN MARKET, BY REGION 74
9.1 INTRODUCTION 75
9.2 NORTH AMERICA 79
9.2.1 US 83
9.2.1.1 The US is largely influenced by the health & wellness trend 83
9.2.2 CANADA 83
9.2.2.1 Shift toward lower-cost and nutrition-rich plant-based dairy alternatives in the country 83
9.2.3 MEXICO 84
9.2.3.1 Preference for a healthy and nutritional diet among Mexican consumers has resulted in significant demand for protein-rich food products 84
9.3 EUROPE 84
9.3.1 GERMANY 89
9.3.1.1 Rise in health awareness, along with the increase in the vegetarian and vegan population 89
9.3.2 FRANCE 90
9.3.2.1 The well-established food industry of France is experiencing significant prevalence in demand for healthy, nutritious, and plant-based food products 90
9.3.3 SWITZERLAND 91
9.3.3.1 More plant-based food & beverage players entering the Swiss market due to the massive demand in the country 91
9.3.4 UK 91
9.3.4.1 Plant-based drinks have been largely trending in the UK in recent years 91
9.3.5 SPAIN 92
9.3.5.1 Growth in the inclination of millennials toward protein-rich and nutritious food to drive the Spanish plant-based protein market 92
9.3.6 NETHERLANDS 92
9.3.6.1 Government support toward a plant-based protein diet 92
9.3.7 REST OF EUROPE 93
9.4 ASIA PACIFIC 93
9.4.1 CHINA 98
9.4.1.1 Western culture encouraging urban Chinese consumers toward natural and healthy plant-based food 98
9.4.2 JAPAN 99
9.4.2.1 Aging population of Japan opt for plant-based healthy food options 99
9.4.3 INDIA 99
9.4.3.1 Increase in demand for plant-based performance nutrition products to drive the demand in India 99
9.4.4 AUSTRALIA & NEW ZEALAND 100
9.4.4.1 Increase in demand for functional food & beverages with natural ingredients observed in these two countries 100
9.4.5 REST OF ASIA PACIFIC 100
9.5 ROW 100
9.5.1 SOUTH AMERICA 103
9.5.1.1 Increase in preferences toward plant-based food and protein 103
9.5.2 MIDDLE EAST & AFRICA 104
9.5.2.1 Greater awareness among consumers about the benefits of food & beverages products with natural ingredients 104

10 COMPETITIVE LANDSCAPE 105
10.1 OVERVIEW 105
10.2 COMPETITIVE LEADERSHIP MAPPING 106
10.2.1 VISIONARY LEADERS 106
10.2.2 INNOVATORS 106
10.2.3 DYNAMIC DIFFERENTIATORS 106
10.2.4 EMERGING COMPANIES 106
10.3 RANKING OF KEY PLAYERS, 2018 109
10.4 COMPETITIVE SCENARIO 110
10.4.1 NEW PRODUCT LAUNCHES & APPROVALS 110
10.4.2 EXPANSIONS & INVESTMENTS 111
10.4.3 ACQUISITIONS 111
10.4.4 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS 112

11 COMPANY PROFILES 113
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
11.1 GLANBIA 113
11.2 CARGILL 116
11.3 ADM 119
11.4 DOWDUPONT 123
11.5 KERRY 126
11.6 INGREDION 128
11.7 TATE & LYLE 130
11.8 ROYAL DSM 132
11.9 BURCON NUTRASCIENCE CORPORATION 134
11.10 THE SCOULAR COMPANY 136
11.11 AXIOM FOODS 137
11.12 SOTEXPRO S.A 139
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

12 APPENDIX 140
12.1 DISCUSSION GUIDE 140
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 145
12.3 AVAILABLE CUSTOMIZATIONS 147
12.4 RELATED REPORTS 148
12.5 AUTHOR DETAILS 149

LIST OF TABLES
TABLE 1 USD EXCHANGE RATE, 2014–2018 18
TABLE 2 LACTOSE INTOLERANCE RATE, BY ETHNICITY 40
TABLE 3 PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION) 48
TABLE 4 PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (KT) 48
TABLE 5 CHARACTERISTICS OF SOY PROTEIN INGREDIENTS IN APPLICATION SEGMENTS 49
TABLE 6 SOY: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 49
TABLE 7 SOY: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 50
TABLE 8 WHEAT: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 51
TABLE 9 WHEAT: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 51
TABLE 10 PEA: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 52
TABLE 11 PEA: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 52
TABLE 12 OTHERS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 53
TABLE 13 OTHERS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 53
TABLE 14 PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 56
TABLE 15 PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (KT) 56
TABLE 16 PROTEIN BEVERAGES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 57
TABLE 17 PROTEIN BEVERAGES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 57
TABLE 18 DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 58
TABLE 19 DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 59
TABLE 20 MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 59
TABLE 21 MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 60
TABLE 22 PROTEIN BARS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 60
TABLE 23 PROTEIN BARS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 61
TABLE 24 ESSENTIAL AMINO ACIDS IN PLANT-BASED PROTEINS AND THEIR FUNCTIONS 61
TABLE 25 NUTRITION SUPPLEMENTS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 62
TABLE 26 NUTRITION SUPPLEMENTS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 62
TABLE 27 PROCESSED MEAT, POULTRY, AND SEAFOOD: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 63
TABLE 28 PROCESSED MEAT, POULTRY, AND SEAFOOD: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 63
TABLE 29 BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 64
TABLE 30 BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 65
TABLE 31 CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 65
TABLE 32 CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 66
TABLE 33 SPORTS NUTRITION: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 67
TABLE 34 SPORTS NUTRITION: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 67
TABLE 35 PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 69
TABLE 36 PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (KT) 70
TABLE 37 ISOLATES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 70
TABLE 38 ISOLATES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 71
TABLE 39 CONCENTRATES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 72
TABLE 40 CONCENTRATES: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 72
TABLE 41 PROTEIN FLOUR: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 73
TABLE 42 PROTEIN FLOUR: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 73
TABLE 43 PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 76
TABLE 44 PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 76
TABLE 45 PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 76
TABLE 46 PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (KT) 77
TABLE 47 PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION) 77
TABLE 48 PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (KT) 77
TABLE 49 PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 78
TABLE 50 PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (KT) 78
TABLE 51 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (USD MILLION) 80
TABLE 52 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (KT) 80
TABLE 53 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 80
TABLE 54 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (KT) 81
TABLE 55 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION) 81
TABLE 56 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (KT) 81
TABLE 57 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 82
TABLE 58 NORTH AMERICA: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (KT) 82
TABLE 59 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (USD MILLION) 86
TABLE 60 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY, 2017–2025 (KT) 86
TABLE 61 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 87
TABLE 62 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (KT) 87
TABLE 63 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION) 87
TABLE 64 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (KT) 88
TABLE 65 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 88
TABLE 66 EUROPE: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (KT) 89
TABLE 67 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY/REGION, 2017–2025 (USD MILLION) 95
TABLE 68 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY COUNTRY/REGION, 2017–2025 (KT) 95
TABLE 69 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 96
TABLE 70 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (KT) 96
TABLE 71 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION) 96
TABLE 72 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (KT) 97
TABLE 73 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 97
TABLE 74 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (KT) 98
TABLE 75 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 100
TABLE 76 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2017–2025 (KT) 101
TABLE 77 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 101
TABLE 78 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2017–2025 (KT) 101
TABLE 79 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (USD MILLION) 101
TABLE 80 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2017–2025 (KT) 102
TABLE 81 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 102
TABLE 82 ROW: PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2017–2025 (KT) 103
TABLE 83 NEW PRODUCT LAUNCHES & APPROVALS, 2014–2019 110
TABLE 84 EXPANSIONS & INVESTMENTS, 2016–2019 111
TABLE 85 ACQUISITIONS, 2017–2019 111
TABLE 86 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2018–2019 112

LIST OF FIGURES
FIGURE 1 PLANT-BASED PROTEIN MARKET SEGMENTATION 16
FIGURE 2 PLANT-BASED PROTEIN MARKET: RESEARCH DESIGN 19
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 20
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 6 DATA TRIANGULATION METHODOLOGY 23
FIGURE 7 PLANT-BASED PROTEIN MARKET SIZE, 2017–2025 (USD MILLION) 26
FIGURE 8 PLANT-BASED PROTEIN MARKET SIZE, 2017–2025 (KT) 26
FIGURE 9 ISOLATES SEGMENT IS PROJECTED TO DOMINATE THE PLANT-BASED PROTEIN MARKET THROUGH 2025 (USD MILLION) 27
FIGURE 10 THE CONCENTRATES SEGMENT IS PROJECTED TO DOMINATE THE PLANT-BASED PROTEIN MARKET THROUGH 2025 (KT) 27
FIGURE 11 SOY IS PROJECTED TO DOMINATE THE PLANT-BASED PROTEIN MARKET THROUGH 2025 (USD MILLION) 28
FIGURE 12 SOY SEGMENT IS PROJECTED TO DOMINATE THE PLANT-BASED PROTEIN MARKET THROUGH 2025 IN TERMS OF VOLUME AS WELL (KT) 28
FIGURE 13 PROTEIN BEVERAGES SEGMENT IS PROJECTED TO DOMINATE THE PLANT-BASED PROTEIN MARKET THROUGH 2025 (USD MILLION) 29
FIGURE 14 PROTEIN BEVERAGES SEGMENT IS PROJECTED TO DOMINATE THE PLANT-BASED PROTEIN MARKET THROUGH 2025 IN TERMS OF VOLUME AS WELL (KT) 30
FIGURE 15 PLANT-BASED PROTEIN MARKET SHARE AND GROWTH (VALUE), BY REGION, 2018 31
FIGURE 16 OBESITY SHARE AMONG ADULTS, BY KEY COUNTRY, 2015 32
FIGURE 17 GROWTH IN VEGETARIAN POPULATION TO DRIVE THE PLANT-BASED PROTEIN MARKET 33
FIGURE 18 NORTH AMERICA TO DOMINATE THE PLANT-BASED PROTEIN MARKET FROM 2019 TO 2025 33
FIGURE 19 PROTEIN BEVERAGES SEGMENT IS ESTIMATED TO BE THE LARGEST FROM 2019 TO 2025 34
FIGURE 20 SOY PROTEIN ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2018 35
FIGURE 21 US, FRANCE, AND SPAIN ARE PROJECTED TO GROW AT THE HIGHEST RATES DURING THE FORECAST PERIOD 36
FIGURE 22 ANNUAL US SALES OF PLANT-BASED FOODS, 2017–2019 (USD BILLION) 37
FIGURE 23 MARKET DYNAMICS: PLANT-BASED PROTEIN MARKET 38
FIGURE 24 ANNUAL GROWTH OF ALL PLANT-BASED FOOD PRODUCTS IN RETAIL, 2017 VS. 2018 39
FIGURE 25 GOOGLE SEARCH TRENDS: VEGAN PROTEIN POWDER, 2010–2019 41
FIGURE 26 GOOGLE SEARCH TRENDS: MAYONNAISE PROTEIN POWDER, 2010–2019 42
FIGURE 27 MEAT CONSUMPTION, BY TYPE, 2005 VS. 2050 (MILLION TON) 44
FIGURE 28 PLANT-BASED PROTEIN MARKET SIZE, BY SOURCE, 2019 VS. 2025 (USD MILLION) 47
FIGURE 29 PLANT-BASED PROTEIN MARKET SIZE, BY APPLICATION, 2019 VS. 2025 (USD MILLION) 55
FIGURE 30 PLANT-BASED PROTEIN MARKET SIZE, BY TYPE, 2019 VS. 2025 (USD MILLION) 69
FIGURE 31 GEOGRAPHIC SNAPSHOT: CAGR(VALUE), 2019–2025 75
FIGURE 32 NORTH AMERICA: MARKET SNAPSHOT 79
FIGURE 33 EUROPE: MARKET SNAPSHOT 85
FIGURE 34 ASIA PACIFIC: MARKET SNAPSHOT 94
FIGURE 35 PLANT-BASED PROTEIN MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019 (TOP 25) 107
FIGURE 36 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE PLANT-BASED PROTEIN MARKET, 2014–2019 108
FIGURE 37 ARCHER DANIELS MIDLAND COMPANY LED THE PLANT-BASED PROTEIN MARKET IN 2018 109
FIGURE 38 GLANBIA: COMPANY SNAPSHOT 113
FIGURE 39 GLANBIA: SWOT ANALYSIS 115
FIGURE 40 CARGILL: COMPANY SNAPSHOT 116
FIGURE 41 CARGILL: SWOT ANALYSIS 117
FIGURE 42 ADM: COMPANY SNAPSHOT 119
FIGURE 43 ADM: SWOT ANALYSIS 122
FIGURE 44 DOWDUPONT: COMPANY SNAPSHOT 123
FIGURE 45 DOWDUPONT: SWOT ANALYSIS 125
FIGURE 46 KERRY: COMPANY SNAPSHOT 126
FIGURE 47 KERRY: SWOT ANALYSIS 127
FIGURE 48 INGREDION: COMPANY SNAPSHOT 128
FIGURE 49 TATE & LYLE: COMPANY SNAPSHOT 130
FIGURE 50 ROYAL DSM: COMPANY SNAPSHOT 132
FIGURE 51 BURCON NUTRASCIENCE CORPORATION: COMPANY SNAPSHOT 134
FIGURE 52 THE SCOULAR COMPANY: COMPANY SNAPSHOT 136