Asia Pacific Plant Protein Market Trends and Analysis by 2027
Asia Pacific Plant Protein Market to 2027 - Regional Analysis and Forecasts by Source (Soy, Wheat, Pea, and Others); Type (Isolates, Concentrates, and Protein Flour); Application (Protein Beverages, Dairy Alternatives, Meat Alternatives and Meat Extenders, Protein Bars, Bakery, and Others), and Countries
- Status : Published
- Report Code : TIPRE00008911
- Category : Food and Beverages
- No. of Pages : 149
- Available Report Formats :
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source, Type, Application, and Countries
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Plant Protein Market – By Source
1.3.2 Asia Pacific Plant Protein Market – By Type
1.3.3 Asia Pacific Plant Protein Market – By Application
1.3.4 Asia Pacific Plant Protein Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Plant Protein Market Landscape
4.1 Market Overview
4.1.1 Asia Pacific PEST Analysis
5. Plant Protein Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Health Benefits Associated with Plant Protein Consumption
5.1.2 Rising Consumer Awareness About Protein-Rich Food
5.2 Key Market Restraints
5.2.1 Volatility in the Prices of Plant Protein Sources
5.3 Key Market Opportunities
5.3.1 Emerging Use of Plant Protein in Sports Nutrition and Cosmetic Application
5.4 Future Trends
5.4.1 Rising Inclination Toward Vegan Diet and Plant-Based Protein
6. Plant Protein – Asia Pacific Market Analysis
6.1 Asia Pacific Plant Protein Market Overview
6.2 Asia Pacific Plant Protein Market Analysis, in Terms of Volume and Value, Forecast to 2027 (kiloton and US$)
7. Asia Pacific Plant Protein Market Analysis – By Source
7.1 Overview
7.2 Asia Pacific Plant Protein Market Breakdown, By Source, 2018 & 2027
7.3 Soy
7.3.1 Overview
7.3.2 Asia Pacific Soy Protein Market, in terms of Volume and Value, Forecasts To 2027 (Kiloton and US$ Mn)
7.4 Wheat
7.4.1 Asia Pacific Wheat Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
7.5 Pea
7.5.1 Overview
7.5.2 Asia Pacific Pea Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
7.6 Other Sources
7.6.1 Overview
7.6.2 Asia Pacific Others Source Protein Market, in Terms of Volume, Forecast to 2027 (Kiloton and US$ Mn)
8. Asia Pacific Plant Protein Market Analysis – By Type
8.1 Overview
8.2 Asia Pacific Plant Protein Market Breakdown, By Type, 2018 & 2027
8.3 Isolates
8.3.1 Overview
8.3.2 Asia Pacific Plant Protein Isolates Market, In Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
8.4 Concentrates
8.4.1 Overview
8.4.2 Asia Pacific Plant Protein Concentrates Market, in Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
8.5 Protein Flour
8.5.1 Overview
8.5.2 Asia Pacific Protein Flour Type Market, In Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
9. Asia Pacific Plant Protein Market Analysis – By Application
9.1 Overview
9.2 Asia Pacific Plant Protein Market Breakdown, By Application, 2018 & 2027
9.3 Protein Beverages
9.3.1 Overview
9.3.2 Asia Pacific Plant Protein Market for Protein Beverages, in Terms of Volume and Value, Forecast To 2027 (kiloton and US$ Mn)
9.4 Dairy Alternatives
9.4.1 Overview
9.4.2 Asia Pacific Plant Protein Market for Dairy Alternatives, In Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
9.5 Meat Alternatives and Meat Extenders
9.5.1 Overview
9.5.2 Asia Pacific Plant Protein Market for Meat Alternatives and Meat Extenders, in Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
9.6 Protein Bars
9.6.1 Overview
9.6.2 Asia Pacific Plant Protein Market for Protein Bars, in Terms of Volume and Value, Forecast To 2027 (kiloton and US$ Mn)
9.7 Bakery
9.7.1 Overview
9.7.2 Asia Pacific Bakery Application Market, Volume and Revenue Forecasts To 2027 (kiloton and US$ Mn)
9.8 Other Applications
9.8.1 Overview
9.8.2 Asia Pacific Plant Protein Market for Other Applications, in Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
10. Plant Protein Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Plant Protein Market Breakdown, by Country
10.1.1.1 Australia Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
10.1.1.1.1 Australia Plant Protein Market Breakdown, by Source
10.1.1.1.2 Australia Plant Protein Market Breakdown, by Type
10.1.1.1.3 Australia Plant Protein Market Breakdown, by Application
10.1.1.2 China Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
10.1.1.2.1 China Plant Protein Market Breakdown, by Source
10.1.1.2.2 China Plant Protein Market Breakdown, by Type
10.1.1.2.3 China Plant Protein Market Breakdown, by Application
10.1.1.3 India Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
10.1.1.3.1 India Plant Protein Market Breakdown, by Source
10.1.1.3.2 India Plant Protein Market Breakdown, by Type
10.1.1.3.3 India Plant Protein Market Breakdown, by Application
10.1.1.4 Japan Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
10.1.1.4.1 Japan Plant Protein Market Breakdown, by Source
10.1.1.4.2 Japan Plant Protein Market Breakdown, by Type
10.1.1.4.3 Japan Plant Protein Market Breakdown, by Application
10.1.1.5 South Korea Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
10.1.1.5.1 South Korea Plant Protein Market Breakdown, by Source
10.1.1.5.2 South Korea Plant Protein Market Breakdown, by Type
10.1.1.5.3 South Korea Plant Protein Market Breakdown, by Application
10.1.1.6 Rest of APAC Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
10.1.1.6.1 Rest of APAC Plant Protein Market Breakdown, by Source
10.1.1.6.2 Rest of APAC Plant Protein Market Breakdown, by Type
10.1.1.6.3 Rest of APAC Plant Protein Market Breakdown, by Application
11. Company Profiles
11.1 E. I. Du Pont De Nemours and Company
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Archer Daniels Midland Company
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Kerry Group
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Koninklijke DSM N.V.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Axiom Foods, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Cargill, Incorporated
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Roquette Frères
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Ingredion Incorporated
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Glanbia plc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific Plant Protein Market Revenue and Forecasts to 2027 (Kiloton)
Table 2. Asia Pacific Plant Protein Market Revenue and Forecasts to 2027 (US$ Mn)
Table 3. APAC Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 4. APAC Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 5. APAC Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 6. APAC Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 7. APAC Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 8. APAC Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 9. Australia Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 10. Australia Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 11. Australia Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 12. Australia Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 13. Australia Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 14. Australia Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 15. China Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 16. China Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 17. China Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 18. China Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 19. China Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 20. China Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 21. India Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 22. India Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 23. India Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 24. India Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 25. India Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 26. India Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 27. Japan Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 28. Japan Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 29. Japan Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 30. Japan Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 31. Japan Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 32. Japan Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 33. South Korea Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 34. South Korea Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 35. South Korea Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 36. South Korea Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 37. South Korea Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 38. South Korea Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 39. Rest of APAC Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Source (Kiloton)
Table 40. Rest of APAC Plant Protein Market, Revenue and Forecast to 2027 – By Source (US$ Mn)
Table 41. Rest of APAC Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Type (Kiloton)
Table 42. Rest of APAC Plant Protein Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 43. Rest of APAC Plant Protein Market, in Terms of Volume, Forecast to 2027 – By Application (Kiloton)
Table 44. Rest of APAC Plant Protein Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 45. Glossary of Terms, Asia Pacific Plant Protein Market
LIST OF FIGURES
Figure 1. Asia Pacific Plant Protein Market Segmentations
Figure 2. Asia Pacific Plant Protein Market Segmentation – By Country
Figure 3. Asia Pacific Plant Protein Market Overview
Figure 4. The Soy Segment Held The Largest Share In The Asia Pacific Plant Protein Market
Figure 5. China Dominated The Asia Pacific Plant Protein Market In 2018
Figure 6. Asia Pacific Plant Protein Market, Industry Landscape
Figure 7. Asia Pacific - PEST Analysis
Figure 8. Asia Pacific Plant Protein Market Impact Analysis of Driver and Restraints
Figure 9. Asia Pacific Plant Protein Market, in Terms of Volume, Forecast to 2027 (Kiloton)
Figure 10. Asia Pacific Plant Protein Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Asia Pacific Plant Protein Market Breakdown by Source, by Value 2018 and 2027 (%)
Figure 12. Asia Pacific Soy Protein Market, in Terms of Volume and Value, Forecast to 2027 (kiloton and US$ Mn)
Figure 13. Asia Pacific Wheat Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 14. Asia Pacific Pea Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 15. Asia Pacific Others Source Protein Market, in Terms of Volume, Forecast to 2027 (Kiloton and US$ Mn)
Figure 16. Asia Pacific Plant Protein Market Breakdown by Type, in Terms of Value, 2018 & 2027 (%)
Figure 17. Asia Pacific Plant Protein Isolates Market, in Terms of Volume and Value, 2027 (kiloton and US$ Mn)
Figure 18. Asia Pacific Plant Protein Concentrates Market, In Terms of Volume and Value, 2027 (kiloton and US$ Mn)
Figure 19. Asia Pacific Protein Flour Type Market, in Terms of Volume and Value, 2027 (Kiloton and US$ Mn)
Figure 20. Asia Pacific Plant Protein Market Breakdown by Application, in Terms of Value 2018 & 2027 (%)
Figure 21. Asia Pacific Plant Protein Market for Protein Beverages, In Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
Figure 22. Asia Pacific Plant Protein Market for Dairy Alternatives, in Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
Figure 23. Asia Pacific Plant Protein Market for Meat Alternatives and Meat Extenders, in Terms of Volume and Value, Forecast To 2027 (kiloton and US$ Mn)
Figure 24. Asia Pacific Plant protein Market for Protein Bars, In Terms of Volume and Value, Forecasts To 2027 (kiloton and US$ Mn)
Figure 25. Asia Pacific Bakery Application Market, Volume and Revenue Forecasts To 2027 (kiloton and US$ Mn)
Figure 26. Asia Pacific Plant Protein Market for Other Applications, in Terms of Volume and Value, Forecast To 2027 (kiloton and US$ Mn)
Figure 27. Asia Pacific Plant Protein Market Breakdown by Country, by Value 2018 & 2027(%)
Figure 28. Australia Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 29. China Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 30. India Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 31. Japan Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 32. South Korea Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
Figure 33. Rest of APAC Plant Protein Market, in Terms of Volume and Value, Forecast to 2027 (Kiloton and US$ Mn)
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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