Alternative protein refers to the protein sources that are derived from plants. This protein is associated with meat-free and dairy-free diets. These proteins are classified into insect-based, plant-based, and lab-grown meat. Alternative protein provides a substantial amount of protein but requires less natural inputs to produce then the most common protein sources, meat, and fish. Proteins are composed of different sequences of amino acids and are found in almost all whole foods. Protein is responsible for building lean body tissue and providing the elements needed for digestive enzymes.
Rising demand for protein-rich food coupled with a decrease in the consumption of meat in developed countries is projected to boost the alternative protein market over the forecast period. Moreover, increasing incidences of intolerance toward animal protein further provide a significant market opportunity for the key players operating in the alternative protein market. The rising vegan population in developed and developing countries is forecast to propel the demand for alternative protein. However, a lack of awareness among the consumers in developing countries globally is projected to hamper the market growth over the forecast period.
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The Prominent/Emerging Players in the Alternative Protein Market Research include:
The structure of the Alternative Protein Market report can be categorized into following sections:
The Alternative Protein Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.
Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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The Alternative Protein Market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
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