MarketResearchNest.com
adds “Global Neutral Alternative Protein
Market Growth 2019-2024”new report to its research database.
Alternative proteins, such as plant-based meat substitutes
and edible insects, provide a substantial amount of protein but require less
natural inputs to produce then the most common protein sources, meat and fish.
Composed of different sequences of amino acids, proteins are found in almost
all whole foods. Protein is responsible for building lean body tissue and
providing the elements needed for digestive enzymes. Certain plant-based
proteins offer functionality but pose flavor challenges. Pea protein is becoming
more popular in part because of its neutral flavor.
In terms of volume, the Sales of Neutral Alternative Protein
was about 1093.78 K Tons in 2016. And it is anticipated to reach 1847.90 K Tons
by 2022.
The key players are Kerry Group, Cargill, Archer Daniels
Midland Company, Glanbia, CHS, Tereos , yral, CP Kelco, Davisco, Meelunie,
Danisco （DuPont), MGP Ingredient,. Taj Agro Product, Glico Nutrition.
North America is the dominate consumption region of Neutral
Alternative Protein in Global, the consumption was 341.89 K Tons in 2016,
accounting for about 31.26% of the total amount, followed by Asia-Pacific, with
the consumption market share of 26.64%.
Plant Protein accounted for the largest market with about
84.10% of the species of the Neutral Alternative Protein. With over 78.21%
share in the Neutral Alternative Protein market, Residential Application was
the largest application market in 2016.
The average price of Neutral Alternative Protein was gently
lower year by year from 4012.00 USD/MT in 2012 to 3779.00 USD/MT in 2017. The
gross margin is relatively high, about 40.66% in 2017, and was also decrease in
recent years. In the next few years, we predict that price will continue to
slowly decrease. As competition intensifies, prices gap between different
brands will go narrowing.
Significant and lasting barriers make entry into this market
difficult. These barriers include, but are not limited to: (i) product
development costs; (ii) capital requirements; (iii) intellectual property
rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of
competition.
Despite the presence of competition problems, due to the
global recovery trend is clear, investors are still optimistic about this area,
the future will still have more new investment enter the field. Even so, the
market is intensely competitive .The study group recommends the new entrants
just having money but without technical advantage and upstream and downstream
support do not to enter into this field.
According to this study, over the next five years the
Neutral Alternative Protein market will register a 6.8% CAGR in terms of
revenue, the global market size will reach US$ 6620 million by 2024, from US$
4470 million in 2019. In particular, this report presents the global market
share (sales and revenue) of key companies in Neutral Alternative Protein
business, shared in Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Neutral Alternative Protein market by
product type, application, key manufacturers and key regions and countries.
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This study considers
the Neutral Alternative Protein value and volume generated from the sales of
the following segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Plant
Protein
·
Insect
Protein
·
Algae
Protein
·
Others
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Food and
Beverage
·
Healthcare
product
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contents and data tables @
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,China,
Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK,
Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa,Israel,
Turkey, GCC Countries
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Kerry Group
·
Cargill
·
Archer Daniels Midland Company
·
Glanbia
·
CHS
·
Tereos Syral
·
CP Kelco
·
Davisco
·
Meelunie
·
Danisco （DuPont)
·
MGP Ingredient
·
Taj Agro Product
·
Glico Nutrition
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In addition, this report discusses the key drivers
influencing market growth, opportunities, the challenges and the risks faced by
key players and the market as a whole. It also analyzes key emerging trends and
their impact on present and future development.
Research objectives
·
To study and analyze the global Neutral
Alternative Protein consumption (value and volume) by key regions/countries,
product type and application, history data from 2014 to 2018, and forecast to
2024.
·
To understand the structure of Neutral
Alternative Protein market by identifying its various subsegments.
·
Focuses on the key global Neutral Alternative
Protein manufacturers, to define, describe and analyze the sales volume, value,
market share, market competition landscape, SWOT analysis and development plans
in next few years.
·
To analyze the Neutral Alternative Protein with
respect to individual growth trends, future prospects, and their contribution
to the total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Neutral
Alternative Protein submarkets, with respect to key regions (along with their
respective key countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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