Textured Vegetable Protein Market Report: Trends, Forecast and Competitive Analysis
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The future of the global textured vegetable protein market looks promising with opportunities in meat alternatives, cereals & snacks, and others. The global textured vegetable protein market is expected to grow with a CAGR of 5%-7% from 2020 to 2025. The major drivers for this market are growing adoption of meat alternatives among consumers.
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.
A total of XX figures / charts and XX tables are provided in this more than 150-pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global textured vegetable protein market report, please download the report brochure.
In this market, soy is the largest source of textured vegetable protein, whereas cereals & snacks is the largest application. Growth in various segments of the textured vegetable protein market are given below:
The study includes trends and forecast for the global textured vegetable protein market by application, source, type, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Lucintel forecasts that soy will remain the largest source segment over the forecast period 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.
Within this market, slices will remain the largest type segment over the forecast period due to usage of vegetables as slices, which have been primarily utilized in meat alternatives as burger patties, which are used in various consumer applications.
Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period because the shift of industrialization and investments in the region have grown substantially over the past decade, especially in China, which contributes to rapid economic growth.
Features of the Global Textured Vegetable Protein Market
Q.1 What are some of the most promising potential, high-growth opportunities for the global 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 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global textured vegetable protein market?
Q.5 What are the business risks and threats to the global textured vegetable protein market?
Q.6 What are the emerging trends in the textured vegetable protein market and the reasons behind them?
Q.7 What are some changing demands of customers in the textured vegetable protein market?
Q.8 What are the new developments in the textured vegetable protein market? Which companies are leading these developments?
Q.9 Who are the major players in the textured vegetable protein market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the textured vegetable protein market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global textured vegetable protein market?
Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages More than 150
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecast, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Ventures, and Company Profiling
Market Segments Application (Meat Alternatives, Cereals &Snacks, and Others), Source (Soy, Wheat, and Peas), and Type (Slices, Flakes, Chunks, and Granules)
Regional Scope North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)
Customization 10% Customization without Any Additional Cost
The future of the global textured vegetable protein market looks promising with opportunities in meat alternatives, cereals & snacks, and others. The global textured vegetable protein market is expected to grow with a CAGR of 5%-7% from 2020 to 2025. The major drivers for this market are growing adoption of meat alternatives among consumers.
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.
A total of XX figures / charts and XX tables are provided in this more than 150-pages report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global textured vegetable protein market report, please download the report brochure.
In this market, soy is the largest source of textured vegetable protein, whereas cereals & snacks is the largest application. Growth in various segments of the textured vegetable protein market are given below:
The study includes trends and forecast for the global textured vegetable protein market by application, source, type, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Meat Alternatives
- Cereals & Snacks
- Others
- Soy
- Wheat
- Peas
- Slices
- Flakes
- Chunks
- Granules
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Spain
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- The Rest of the World
- Brazil
Lucintel forecasts that soy will remain the largest source segment over the forecast period 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.
Within this market, slices will remain the largest type segment over the forecast period due to usage of vegetables as slices, which have been primarily utilized in meat alternatives as burger patties, which are used in various consumer applications.
Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period because the shift of industrialization and investments in the region have grown substantially over the past decade, especially in China, which contributes to rapid economic growth.
Features of the Global Textured Vegetable Protein Market
- Market Size Estimates: Global textured vegetable protein market size estimation in terms of value ($M) shipment.
- Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
- Segmentation Analysis: Global textured vegetable protein market size by various segments, such as application, source, and type, in terms of value.
- Regional Analysis: Global textured vegetable protein market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different applications, sources, types, and regions for the global textured vegetable protein market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global textured vegetable protein market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q.1 What are some of the most promising potential, high-growth opportunities for the global 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 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global textured vegetable protein market?
Q.5 What are the business risks and threats to the global textured vegetable protein market?
Q.6 What are the emerging trends in the textured vegetable protein market and the reasons behind them?
Q.7 What are some changing demands of customers in the textured vegetable protein market?
Q.8 What are the new developments in the textured vegetable protein market? Which companies are leading these developments?
Q.9 Who are the major players in the textured vegetable protein market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the textured vegetable protein market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global textured vegetable protein market?
Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages More than 150
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecast, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Ventures, and Company Profiling
Market Segments Application (Meat Alternatives, Cereals &Snacks, and Others), Source (Soy, Wheat, and Peas), and Type (Slices, Flakes, Chunks, and Granules)
Regional Scope North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)
Customization 10% Customization without Any Additional Cost
1. EXECUTIVE SUMMARY
2. MARKET BACKGROUND AND CLASSIFICATIONS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T 2025
3.1: Macroeconomic Trends and Forecast
3.2: Global Textured Vegetable Protein Market Trends and Forecast
3.3: Global Textured Vegetable Protein Market by Application
3.3.1: Meat alternatives
3.3.2: Cereals & snacks
3.3.3: Others
3.4: Global Textured Vegetable Protein Market by Source
3.4.1: Soy
3.4.2: Wheat
3.4.3: Peas
3.5: Global Textured Vegetable Protein Market by Type
3.5.1: Slices
3.5.2: Flakes
3.5.3: Chunks
3.5.4: Granules
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION
4.1: Global Textured Vegetable Protein Market by Region
4.2: North American Textured Vegetable Protein Market
4.2.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.2.2: Market by Source: Soy, Wheat, and Peas
4.2.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.2.4: The United States Textured Vegetable Protein Market
4.2.5: The Canadian Textured Vegetable Protein Market
4.2.6: The Mexican Textured Vegetable Protein Market
4.3: European Textured Vegetable Protein Market
4.3.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.3.2: Market by Source: Soy, Wheat, and Peas
4.3.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.3.4: The United Kingdom Textured Vegetable Protein Market
4.3.5: The Spanish Textured Vegetable Protein Market
4.3.6: The German Textured Vegetable Protein Market
4.3.7: The French Textured Vegetable Protein Market
4.4: APAC Textured Vegetable Protein Market
4.4.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.4.2: Market by Source: Soy, Wheat, and Peas
4.4.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.4.4: The Chinese Textured Vegetable Protein Market
4.4.5: The Indian Textured Vegetable Protein Market
4.4.6: The Japanese Textured Vegetable Protein Market
4.5: ROW Textured Vegetable Protein Market
4.5.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.5.2: Market by Source: Soy, Wheat, and Peas
4.5.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.5.4: Brazilian Textured Vegetable Protein Market
5. COMPETITOR ANALYSIS
5.1: Market Share Analysis
5.2: Product Portfoli Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. COST STRUCTURE ANALYSIS
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
7. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Textured Vegetable Protein Market by Application
7.1.2: Growth Opportunities for the Global Textured Vegetable Protein Market by Source
7.1.3: Growth Opportunities for the Global Textured Vegetable Protein Market by Type
7.1.4: Growth Opportunities for the Global Textured Vegetable Protein Market by Region
7.2: Emerging Trends in the Global Textured Vegetable Protein Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Textured Vegetable Protein Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Textured Vegetable Protein Market
7.3.4: Certification and Licensing
8. COMPANY PROFILES OF LEADING PLAYERS
8.1: ADM
8.2: Cargill
8.3: CHS
8.4: Roquette Freres
8.5: DuPont
8.6: Wilmar International
8.7: The Scoular Company
8.8: Puris Food
8.9: VestKorn
8.10: MGP Ingredients
2. MARKET BACKGROUND AND CLASSIFICATIONS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T 2025
3.1: Macroeconomic Trends and Forecast
3.2: Global Textured Vegetable Protein Market Trends and Forecast
3.3: Global Textured Vegetable Protein Market by Application
3.3.1: Meat alternatives
3.3.2: Cereals & snacks
3.3.3: Others
3.4: Global Textured Vegetable Protein Market by Source
3.4.1: Soy
3.4.2: Wheat
3.4.3: Peas
3.5: Global Textured Vegetable Protein Market by Type
3.5.1: Slices
3.5.2: Flakes
3.5.3: Chunks
3.5.4: Granules
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION
4.1: Global Textured Vegetable Protein Market by Region
4.2: North American Textured Vegetable Protein Market
4.2.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.2.2: Market by Source: Soy, Wheat, and Peas
4.2.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.2.4: The United States Textured Vegetable Protein Market
4.2.5: The Canadian Textured Vegetable Protein Market
4.2.6: The Mexican Textured Vegetable Protein Market
4.3: European Textured Vegetable Protein Market
4.3.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.3.2: Market by Source: Soy, Wheat, and Peas
4.3.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.3.4: The United Kingdom Textured Vegetable Protein Market
4.3.5: The Spanish Textured Vegetable Protein Market
4.3.6: The German Textured Vegetable Protein Market
4.3.7: The French Textured Vegetable Protein Market
4.4: APAC Textured Vegetable Protein Market
4.4.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.4.2: Market by Source: Soy, Wheat, and Peas
4.4.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.4.4: The Chinese Textured Vegetable Protein Market
4.4.5: The Indian Textured Vegetable Protein Market
4.4.6: The Japanese Textured Vegetable Protein Market
4.5: ROW Textured Vegetable Protein Market
4.5.1: Market by Application: Meat alternatives, Cereals & snacks, Others
4.5.2: Market by Source: Soy, Wheat, and Peas
4.5.3: Market by Type: Slices, Flakes, Chunks, and Granules
4.5.4: Brazilian Textured Vegetable Protein Market
5. COMPETITOR ANALYSIS
5.1: Market Share Analysis
5.2: Product Portfoli Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. COST STRUCTURE ANALYSIS
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
7. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Textured Vegetable Protein Market by Application
7.1.2: Growth Opportunities for the Global Textured Vegetable Protein Market by Source
7.1.3: Growth Opportunities for the Global Textured Vegetable Protein Market by Type
7.1.4: Growth Opportunities for the Global Textured Vegetable Protein Market by Region
7.2: Emerging Trends in the Global Textured Vegetable Protein Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Textured Vegetable Protein Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Textured Vegetable Protein Market
7.3.4: Certification and Licensing
8. COMPANY PROFILES OF LEADING PLAYERS
8.1: ADM
8.2: Cargill
8.3: CHS
8.4: Roquette Freres
8.5: DuPont
8.6: Wilmar International
8.7: The Scoular Company
8.8: Puris Food
8.9: VestKorn
8.10: MGP Ingredients
