United States Plant Protein Market and Investment Opportunities Report 2020: COVID-19 has Reinforced the Demand for Plant-based Products
Dublin, Oct. 22, 2020 (GLOBE NEWSWIRE) -- The "United States Plant Protein Business and Investment Opportunities (2018-2027) Insight Series - White Space/Gap Analysis, Product Strategy, Innovation and Brand Share Analysis, Competitive Landscape, Market Size Across 50+ Segments - Updated in Q3, 2020" report has been added to ResearchAndMarkets.com's offering.
The plant protein market in United States is estimated to record a steady growth with a CAGR of 19.6% during 2018-2020. Plant protein industry is expected to continue to grow in United States over the forecast period and is expected to record a CAGR of 17.3% during 2021-2027. The plant protein consumption in the country will increase from US$ 4706.2 million in 2019 to reach US$ 17326.9 million by 2027.
The US food industry has noticed a paramount shift when it comes to the adoption of plant-based proteins in the last decade. Poultry and beef protein consumption still holds the majority percentage in the country. However, consumers particularly, the millennials and Gen Z population are leaning towards plant-based protein products. Future growth prospect of the market is attracting startups to participate in the market. It is expected that innovative products using new ingredients will drive the future growth of the market.
Moreover, COVID-19 has reinforced the demand for plant-based products especially, plant-based meats, thereby inducing competition in the market. The sector has recorded a significant increase in the number of new product launches. Similarly, the number of food tech companies is increasing and expected to increase rivalry in the market in the short term.
Scope
This research report provides in-depth analysis of plant protein industry in United States, providing white space/gap analysis, product innovation, product claims analysis, and brand share analysis, competitive landscape, market size across 50+ segments. Below is the taxonomy, providing detailed scope of coverage.
United States Plant Protein Market Dynamics - Strategy & Innovation
Competitive Landscape Snapshot
White Space/Demand Gap Analysis by Product Category
Brand Share by Product Category
Key Innovative Launches
Insights on Market Dynamics
United States Plant Protein Market Size by Ingredients
Soy
Pea
Beans & Lentils
Hemp
Flaxseed, Pumpkin & Other
Brown Rice
Quinoa
Spirulina & Seaweed
Nuts
Other
United States Plant Protein Market Size by Product Categories
Nutrition Supplements
Protein Bars
Sports Nutrition
Meal Alternative
Dairy Alternatives
Meat Alternatives
Bakery Products
Infant Formulas
Other
United States Plant Protein Market Size by Functional Segments
Ready to Mix
Ready to Eat
Ready to Drink
Ready to Cook
United States Plant Protein Market Share Analysis by Sales Channels
Online
In-Store
United States Plant Protein Market Share Analysis by Type of Retail Outlet
Pharmaceutical & Medical Store
Grocery Retailers
Health and Wellness Stores
Specialist Sports Store
United States Plant Protein Market Size by Retail Sales Pricing
Premium
Mid-Tier
Low End
United States Plant Protein Market Size by Cities
Tier 1 Cities
Tier 2 Cities
Tier 3 Cities
United States Plant Protein Consumption by Demographics
Age
Gender
Income
Reasons to Buy
Market Opportunity: Get detailed understanding of plant protein market opportunity in United States across 50+ segments.
White Space Analysis: Understand gap in demand/supply across product categories and identify unique opportunities.
Competitive Landscape & Brand Share: Get a detailed view on competitive landscape along with key brands across plant protein product categories.
Strategy & Innovation: In-depth understanding of strategies adopted to gain market share along with a snapshot of key innovative plant protein product launches.
Consumer Preference & Buying Behaviour: Gain insights into changing consumer consumption & buying preferences across plant protein product categories.
Distribution Channel: Fine tune sales and distribution strategy by focusing on right channels to maximize ROI.
Companies Mentioned
Apres
Better Than Milk
Beyond Meat
Body Symphony
Earthshake
Enfamil
Foods Alive
Four Sigmatic
Gardein
Goodmylk Co
IQBAR
IWON
Ka'Chava
LivBar
LYFE Fuel
Manitoba Milling
Micro Ingredients
Morinaga Nutritional Foods, Inc.
Naturelle
neat
North Coast Naturals
OHi
Orgain
Plant Works
PlantFusion
Senyia
SimplyProtein
SPROUD
Sprout Living
UB Super
Vega
For more information about this report visit https://www.researchandmarkets.com/r/vzcaft
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