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Neutral Alternative Protein-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Neutral Alternative Protein market size is expected to reach US$ 9278.4 million by 2029, growing at a CAGR of 6.7% from 2023 to 2029. The market is mainly driven by the significant applications of Neutral Alternative Protein in various end use industries. The expanding demands from the Food & Beverage and Healthcare product, are propelling Neutral Alternative Protein market. Plant Protein, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Insect Protein segment is estimated at % CAGR for the next seven-year period.
Global Neutral Alternative Protein key players include Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS etc. Global top five manufacturers hold a share over 30%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share over 40% percent.
In terms of product, Plant Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food & Beverage followed by Healthcare Product.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Neutral Alternative Protein, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Neutral Alternative Protein market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Neutral Alternative Protein market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Neutral Alternative Protein sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Neutral Alternative Protein covered in this report include Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS, Tereos Syral, CP Kelco, Davisco and Meelunie, etc.
The global Neutral Alternative Protein market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kerry
Cargill
Archer Daniels Midland
Glanbia
CHS
Tereos Syral
CP Kelco
Davisco
Meelunie
DuPont
MGP Ingredient
Taj Agro Product
Glico Nutrition
Global Neutral Alternative Protein market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Neutral Alternative Protein market, Segment by Type:
Plant Protein
Insect Protein
Algae Protein
Others
Global Neutral Alternative Protein market, by Application
Food & Beverage
Healthcare product
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Neutral Alternative Protein manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Neutral Alternative Protein in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Neutral Alternative Protein market size is expected to reach US$ 9278.4 million by 2029, growing at a CAGR of 6.7% from 2023 to 2029. The market is mainly driven by the significant applications of Neutral Alternative Protein in various end use industries. The expanding demands from the Food & Beverage and Healthcare product, are propelling Neutral Alternative Protein market. Plant Protein, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Insect Protein segment is estimated at % CAGR for the next seven-year period.
Global Neutral Alternative Protein key players include Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS etc. Global top five manufacturers hold a share over 30%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share over 40% percent.
In terms of product, Plant Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food & Beverage followed by Healthcare Product.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Neutral Alternative Protein, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Neutral Alternative Protein market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Neutral Alternative Protein market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Neutral Alternative Protein sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Neutral Alternative Protein covered in this report include Kerry, Cargill, Archer Daniels Midland, Glanbia, CHS, Tereos Syral, CP Kelco, Davisco and Meelunie, etc.
The global Neutral Alternative Protein market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kerry
Cargill
Archer Daniels Midland
Glanbia
CHS
Tereos Syral
CP Kelco
Davisco
Meelunie
DuPont
MGP Ingredient
Taj Agro Product
Glico Nutrition
Global Neutral Alternative Protein market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Neutral Alternative Protein market, Segment by Type:
Plant Protein
Insect Protein
Algae Protein
Others
Global Neutral Alternative Protein market, by Application
Food & Beverage
Healthcare product
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Neutral Alternative Protein manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Neutral Alternative Protein in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Neutral Alternative Protein Market Overview
1.1 Neutral Alternative Protein Product Overview
1.2 Neutral Alternative Protein Market Segment by Type
1.2.1 Plant Protein
1.2.2 Insect Protein
1.2.3 Algae Protein
1.2.4 Others
1.3 Global Neutral Alternative Protein Market Size by Type
1.3.1 Global Neutral Alternative Protein Market Size Overview by Type (2018-2029)
1.3.2 Global Neutral Alternative Protein Historic Market Size Review by Type (2018-2023)
1.3.3 Global Neutral Alternative Protein Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Neutral Alternative Protein Sales Breakdown by Type (2018-2023)
1.4.2 Europe Neutral Alternative Protein Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Neutral Alternative Protein Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Neutral Alternative Protein Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Neutral Alternative Protein Sales Breakdown by Type (2018-2023)
2 Global Neutral Alternative Protein Market Competition by Company
2.1 Global Top Players by Neutral Alternative Protein Sales (2018-2023)
2.2 Global Top Players by Neutral Alternative Protein Revenue (2018-2023)
2.3 Global Top Players by Neutral Alternative Protein Price (2018-2023)
2.4 Global Top Manufacturers Neutral Alternative Protein Manufacturing Base Distribution, Sales Area, Product Type
2.5 Neutral Alternative Protein Market Competitive Situation and Trends
2.5.1 Neutral Alternative Protein Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Neutral Alternative Protein Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Neutral Alternative Protein as of 2022)
2.7 Date of Key Manufacturers Enter into Neutral Alternative Protein Market
2.8 Key Manufacturers Neutral Alternative Protein Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Neutral Alternative Protein Status and Outlook by Region
3.1 Global Neutral Alternative Protein Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Neutral Alternative Protein Historic Market Size by Region
3.2.1 Global Neutral Alternative Protein Sales in Volume by Region (2018-2023)
3.2.2 Global Neutral Alternative Protein Sales in Value by Region (2018-2023)
3.2.3 Global Neutral Alternative Protein Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Neutral Alternative Protein Forecasted Market Size by Region
3.3.1 Global Neutral Alternative Protein Sales in Volume by Region (2024-2029)
3.3.2 Global Neutral Alternative Protein Sales in Value by Region (2024-2029)
3.3.3 Global Neutral Alternative Protein Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Neutral Alternative Protein by Application
4.1 Neutral Alternative Protein Market Segment by Application
4.1.1 Food & Beverage
4.1.2 Healthcare product
4.2 Global Neutral Alternative Protein Market Size by Application
4.2.1 Global Neutral Alternative Protein Market Size Overview by Application (2018-2029)
4.2.2 Global Neutral Alternative Protein Historic Market Size Review by Application (2018-2023)
4.2.3 Global Neutral Alternative Protein Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Neutral Alternative Protein Sales Breakdown by Application (2018-2023)
4.3.2 Europe Neutral Alternative Protein Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Neutral Alternative Protein Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Neutral Alternative Protein Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Neutral Alternative Protein Sales Breakdown by Application (2018-2023)
5 North America Neutral Alternative Protein by Country
5.1 North America Neutral Alternative Protein Historic Market Size by Country
5.1.1 North America Neutral Alternative Protein Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Neutral Alternative Protein Sales in Volume by Country (2018-2023)
5.1.3 North America Neutral Alternative Protein Sales in Value by Country (2018-2023)
5.2 North America Neutral Alternative Protein Forecasted Market Size by Country
5.2.1 North America Neutral Alternative Protein Sales in Volume by Country (2024-2029)
5.2.2 North America Neutral Alternative Protein Sales in Value by Country (2024-2029)
6 Europe Neutral Alternative Protein by Country
6.1 Europe Neutral Alternative Protein Historic Market Size by Country
6.1.1 Europe Neutral Alternative Protein Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Neutral Alternative Protein Sales in Volume by Country (2018-2023)
6.1.3 Europe Neutral Alternative Protein Sales in Value by Country (2018-2023)
6.2 Europe Neutral Alternative Protein Forecasted Market Size by Country
6.2.1 Europe Neutral Alternative Protein Sales in Volume by Country (2024-2029)
6.2.2 Europe Neutral Alternative Protein Sales in Value by Country (2024-2029)
7 Asia-Pacific Neutral Alternative Protein by Region
7.1 Asia-Pacific Neutral Alternative Protein Historic Market Size by Region
7.1.1 Asia-Pacific Neutral Alternative Protein Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Neutral Alternative Protein Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Neutral Alternative Protein Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Neutral Alternative Protein Forecasted Market Size by Region
7.2.1 Asia-Pacific Neutral Alternative Protein Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Neutral Alternative Protein Sales in Value by Region (2024-2029)
8 Latin America Neutral Alternative Protein by Country
8.1 Latin America Neutral Alternative Protein Historic Market Size by Country
8.1.1 Latin America Neutral Alternative Protein Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Neutral Alternative Protein Sales in Volume by Country (2018-2023)
8.1.3 Latin America Neutral Alternative Protein Sales in Value by Country (2018-2023)
8.2 Latin America Neutral Alternative Protein Forecasted Market Size by Country
8.2.1 Latin America Neutral Alternative Protein Sales in Volume by Country (2024-2029)
8.2.2 Latin America Neutral Alternative Protein Sales in Value by Country (2024-2029)
9 Middle East and Africa Neutral Alternative Protein by Country
9.1 Middle East and Africa Neutral Alternative Protein Historic Market Size by Country
9.1.1 Middle East and Africa Neutral Alternative Protein Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Neutral Alternative Protein Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Neutral Alternative Protein Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Neutral Alternative Protein Forecasted Market Size by Country
9.2.1 Middle East and Africa Neutral Alternative Protein Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Neutral Alternative Protein Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Kerry
10.1.1 Kerry Company Information
10.1.2 Kerry Introduction and Business Overview
10.1.3 Kerry Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Kerry Neutral Alternative Protein Products Offered
10.1.5 Kerry Recent Development
10.2 Cargill
10.2.1 Cargill Company Information
10.2.2 Cargill Introduction and Business Overview
10.2.3 Cargill Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cargill Neutral Alternative Protein Products Offered
10.2.5 Cargill Recent Development
10.3 Archer Daniels Midland
10.3.1 Archer Daniels Midland Company Information
10.3.2 Archer Daniels Midland Introduction and Business Overview
10.3.3 Archer Daniels Midland Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Archer Daniels Midland Neutral Alternative Protein Products Offered
10.3.5 Archer Daniels Midland Recent Development
10.4 Glanbia
10.4.1 Glanbia Company Information
10.4.2 Glanbia Introduction and Business Overview
10.4.3 Glanbia Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Glanbia Neutral Alternative Protein Products Offered
10.4.5 Glanbia Recent Development
10.5 CHS
10.5.1 CHS Company Information
10.5.2 CHS Introduction and Business Overview
10.5.3 CHS Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.5.4 CHS Neutral Alternative Protein Products Offered
10.5.5 CHS Recent Development
10.6 Tereos Syral
10.6.1 Tereos Syral Company Information
10.6.2 Tereos Syral Introduction and Business Overview
10.6.3 Tereos Syral Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Tereos Syral Neutral Alternative Protein Products Offered
10.6.5 Tereos Syral Recent Development
10.7 CP Kelco
10.7.1 CP Kelco Company Information
10.7.2 CP Kelco Introduction and Business Overview
10.7.3 CP Kelco Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CP Kelco Neutral Alternative Protein Products Offered
10.7.5 CP Kelco Recent Development
10.8 Davisco
10.8.1 Davisco Company Information
10.8.2 Davisco Introduction and Business Overview
10.8.3 Davisco Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Davisco Neutral Alternative Protein Products Offered
10.8.5 Davisco Recent Development
10.9 Meelunie
10.9.1 Meelunie Company Information
10.9.2 Meelunie Introduction and Business Overview
10.9.3 Meelunie Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Meelunie Neutral Alternative Protein Products Offered
10.9.5 Meelunie Recent Development
10.10 DuPont
10.10.1 DuPont Company Information
10.10.2 DuPont Introduction and Business Overview
10.10.3 DuPont Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.10.4 DuPont Neutral Alternative Protein Products Offered
10.10.5 DuPont Recent Development
10.11 MGP Ingredient
10.11.1 MGP Ingredient Company Information
10.11.2 MGP Ingredient Introduction and Business Overview
10.11.3 MGP Ingredient Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.11.4 MGP Ingredient Neutral Alternative Protein Products Offered
10.11.5 MGP Ingredient Recent Development
10.12 Taj Agro Product
10.12.1 Taj Agro Product Company Information
10.12.2 Taj Agro Product Introduction and Business Overview
10.12.3 Taj Agro Product Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Taj Agro Product Neutral Alternative Protein Products Offered
10.12.5 Taj Agro Product Recent Development
10.13 Glico Nutrition
10.13.1 Glico Nutrition Company Information
10.13.2 Glico Nutrition Introduction and Business Overview
10.13.3 Glico Nutrition Neutral Alternative Protein Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Glico Nutrition Neutral Alternative Protein Products Offered
10.13.5 Glico Nutrition Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Neutral Alternative Protein Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Neutral Alternative Protein Industrial Chain Analysis
11.4 Neutral Alternative Protein Market Dynamics
11.4.1 Neutral Alternative Protein Industry Trends
11.4.2 Neutral Alternative Protein Market Drivers
11.4.3 Neutral Alternative Protein Market Challenges
11.4.4 Neutral Alternative Protein Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Neutral Alternative Protein Distributors
12.3 Neutral Alternative Protein Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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