Sweden Plant Protein Market - Forecasts from 2020 to 2025
Sweden plant protein market is projected to grow at a CAGR of 5.55% during the forecast period. The growing number of lactose-intolerant consumers, combined with the increasing diversification of dietary preferences that are being facilitated by the awareness of health benefits of a vegan diet is estimated to boost the plant-based alternative segment that in turn is fueling Sweden plant protein market. Furthermore, due to the rising perception of the environmental implications associated with traditional milk production, particularly that of greenhouse-gas emissions and other ramifications like soil acidifications is projected to emerge as one of the key contributors towards bolstering the plant protein segment due to incremental demand for plant-based food and beverage. Furthermore, the increasing awareness of various international culinary preparations has also led consumers to be influenced by innovations like that of plant-based meat alternatives that comprise ingredients among others like a variety of proteins derived from plants.
The competitive strategies adopted by key players in order to improve their revenue generation opportunity is further expected to drive the market in Sweden. For example, Pease, a range of pea-protein products sold under the Findus brand of Nomad foods in Sweden, Norway, Finland, and Denmark were launched across both retail and foodservice channels in 2018. It is the first innovation that brought the first texturized pea-protein in the Nordics market. Later in March 2019, Nomad Foods Limited (NYSE: NOMD) announced today the launch of Green Cuisine, a new range of meat-free products under the Birds Eye brand in the United Kingdom. Birds Eye is leveraging its heritage in peas and its market-leading position in frozen food to help accelerate the expanding market of meat-free products.
Plant proteins have emerged as an extremely popular source of protein that is increasingly being marked by a shift from the traditional sources of protein. Thus, various players in the food and beverage segment are marketing their products and simultaneously endeavoring to resonate with the ethos of the current value-driven consumers who are increasingly taking up the market share and creating more opportunities for both legacy companies and startups to venture in the plant-based protein space. Further due to a myriad of sources from which plant protein can be derived is further allowing more space for players to make investments in the plethora of applications that plant-based proteins could be utilized.
Segmentation
The competitive strategies adopted by key players in order to improve their revenue generation opportunity is further expected to drive the market in Sweden. For example, Pease, a range of pea-protein products sold under the Findus brand of Nomad foods in Sweden, Norway, Finland, and Denmark were launched across both retail and foodservice channels in 2018. It is the first innovation that brought the first texturized pea-protein in the Nordics market. Later in March 2019, Nomad Foods Limited (NYSE: NOMD) announced today the launch of Green Cuisine, a new range of meat-free products under the Birds Eye brand in the United Kingdom. Birds Eye is leveraging its heritage in peas and its market-leading position in frozen food to help accelerate the expanding market of meat-free products.
Plant proteins have emerged as an extremely popular source of protein that is increasingly being marked by a shift from the traditional sources of protein. Thus, various players in the food and beverage segment are marketing their products and simultaneously endeavoring to resonate with the ethos of the current value-driven consumers who are increasingly taking up the market share and creating more opportunities for both legacy companies and startups to venture in the plant-based protein space. Further due to a myriad of sources from which plant protein can be derived is further allowing more space for players to make investments in the plethora of applications that plant-based proteins could be utilized.
Segmentation
- By Source
- Pea
- Rapeseed
- Soy
- Hempseed
- Others
- By Form
- Protein Concentrates
- Protein Isolates
- Protein Hydrolysate
- By Application
- Dietary Supplement
- Food and Beverages
- Pharmaceuticals
- Animal Feed
- By Distribution Channel
- Online
- Offline
1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY SOURCE
5.1. Introduction
5.2. Pea
5.3. Rapeseed
5.4. Soy
5.5. Hempseed
5.6. Others
6. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY FORM
6.1. Introduction
6.2. Protein Concentrates
6.3. Protein Isolates
6.4. Protein Hydrolysate
7. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY APPLICATION
7.1. Introduction
7.2. Dietary Supplement
7.3. Food and Beverages
7.4. Pharmaceuticals
7.5. Animal Feed
8. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY DISTRIBUTION CHANNEL
8.1. Introduction
8.2. Online
8.3. Offline
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. ADM
10.2. Cargill
10.3. Corbion NV
10.4. Cosucra Groupe Warcoing S.A.
10.5. DuPont de Nemours, Inc.
10.6. Ingredion Incorporated
10.7. NOW® Foods
10.8. Roquette Fr?res
10.9. Tate & Lyle
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY SOURCE
5.1. Introduction
5.2. Pea
5.3. Rapeseed
5.4. Soy
5.5. Hempseed
5.6. Others
6. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY FORM
6.1. Introduction
6.2. Protein Concentrates
6.3. Protein Isolates
6.4. Protein Hydrolysate
7. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY APPLICATION
7.1. Introduction
7.2. Dietary Supplement
7.3. Food and Beverages
7.4. Pharmaceuticals
7.5. Animal Feed
8. SWEDEN PLANT PROTEIN MARKET ANALYSIS, BY DISTRIBUTION CHANNEL
8.1. Introduction
8.2. Online
8.3. Offline
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. ADM
10.2. Cargill
10.3. Corbion NV
10.4. Cosucra Groupe Warcoing S.A.
10.5. DuPont de Nemours, Inc.
10.6. Ingredion Incorporated
10.7. NOW® Foods
10.8. Roquette Fr?res
10.9. Tate & Lyle
