The global textured vegetable protein market is projected to grow at a CAGR of 5%-7% during 2020-2025. The growth of textured vegetable protein market is driven by growing adoption of meat alternatives among consumers.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the Textured vegetable protein market by application (meat alternatives, cereals & snacks, others), source (soy, wheat, and peas), type (slices, flakes, chunks, and granules), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the textured vegetable protein market?
Q.4 What are some changing demands of customers in the textured vegetable protein market?
Q.5 What are the new developments in the textured vegetable protein market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this textured vegetable protein area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this textured vegetable protein market?
Emerging trends, which have a direct impact on the dynamics of the industry, include growing adoption of yellow pea protein and introduction of chickpea flour.
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Market Segmentation:
Based on source, the textured vegetable protein market is segmented into soy, wheat, and peas. The soy segment accounted for the largest share of the market in 2020 as it costs lower than animal-based sources of protein. Moreover, when textured soy protein is cooked with meat, it aids in retaining more nutrients from the meat by absorbing fluids that are usually lost. Textured soy protein acts as an ideal substitute for meat and is gaining higher traction among vegan and flexitarian consumers.
Asia Pacific is expected to be the largest region with the highest growth over the forecast period because the shifts of industrialization and investments in the region have grown substantially over the past decade, especially in China, which contributes to rapid economic growth.
Key Players in the textured vegetable protein market are ADM, Cargill, CHS, Roquette Freres, DuPont, Wilmar International, The Scoular, Puris Food, VestKorn, MGP Ingredients, and Beneo.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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Lucintel
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The Global Starter Culture Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.DriversGrowing consumption of alcoholic beveragesExtensive health benefits of starter cultureRestraintsStringent regulations on growthThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type and application.
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Kefir Starter Culture Grains in India could be a great cultured foodstuff.
It’s easier to create than yogurt, particularly because you are doing not must heat the milk first.If you're a milk drinker, then you preserve the enzymes therein milk by not heating it.
There are literally kefir starters available in food stores that allow you to use a yogurt-like approach to creating kefir.
Milk kefir can be the key to a healthy life thanks to its natural anti-oxidants and probiotics.
The kefir overall health positive aspects incorporates not only taking care of your insides but also your body's external parts.Milk kefir might be the key to a healthy life thanks to its natural anti-oxidants and probiotics.
Fermenting the milk sugars into carboxylic acid.
