Alternative Proteins Market Size to Reach USD 37.64 Billion in 2030 | Increasing Research and Development for Microbial Protein and Rising Demand for Edible Insects are Key Factors Driving Industry Demand, Says Emergen Research

Increasing research and development for microbial protein is a significant factor driving global demand for alternative proteins as well as edible insects. Dried cells of microorganisms (algae, bacteria, actinomycetes, and fungi) used as meals and feed are together regarded as microbial protein. Microbial sources can substitute conventional protein sources, and the production of a microbial protein can be a possible solution to meet protein requirements of individuals. In addition, production of microbial protein is helpful to alleviate waste disposal problems, thereby providing eco-friendly and sustainable ways to reduce production costs.

Increasing research and development for microbial protein is a significant factor driving global demand for alternative proteins as well as edible insects. Dried cells of microorganisms (algae, bacteria, actinomycetes, and fungi) used as meals and feed are together regarded as microbial protein. Microbial sources can substitute conventional protein sources, and the production of a microbial protein can be a possible solution to meet protein requirements of individuals. In addition, production of microbial protein is helpful to alleviate waste disposal problems, thereby providing eco-friendly and sustainable ways to reduce production costs.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/57

Restraints:

Numerous health issues associated with digestion and other hormonal issues are major factors restraining plant-based protein market growth worldwide. In addition, phytoestrogen occurs naturally in plants and is found in certain plant-based protein products that have estrogen-like characteristics that bind estrogen receptors in the body. Excessive consumption may disturb the body's average hormone balances, which is another restraining factor hindering market growth.

Growth Projections:

Global alternative protein market is expected to register a CAGR of 11.1% over the forecast period and its revenue is projected to increase from USD 14.76 billion in 2021 to USD 37.64 billion in 2030. Increase in global demand for food and higher yield than conventional farming drives market growth.

COVID-19 Impact Analysis:

The COVID-19 pandemic has led to the downsizing of various businesses, limiting growth of plant-based protein market. However, demand for plant-based protein products has not been affected due to increasing adoption of a healthy lifestyle and eating habits during the lockdown. Rising awareness for healthy eating habits has led to improved protein-rich diet, which helps develop muscle and strong immunity. This had limited the negative impact of the pandemic on market growth. However, market is expected to recuperate gradually as construction activities have resumed and thereby is expected to create growth opportunities.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/alternative-proteins-market

Current Trends and Innovations:

Rise in food manufacturers offering vegan products is expected to play an essential role in market revenue growth. Increasing demand for plant-based protein alternatives has led to an increase in numerous food manufacturers producing alternative protein products using plant sources at cost-competitive prices. This is expected to drive market revenue growth significantly.

Geographical Outlook:

Asia-Pacific is expected to register a significantly steady growth rate during the forecast period due to significant increase in per capita income. This has led people to increase protein intake in their regular diet. In addition, rapid growth of food processing industry in countries is expected to drive market revenue growth.

Strategic Initiatives:

Some major companies included in market report are Kerry Inc., DuPont de Nemours Inc., Royal Avebe UA, Corbion NV, Glanbia PLC, Cargill Incorporated, Ingredion Incorporated, The Archer Daniels Midland Company, Roquette Frères Le Romain, and Tate & Lyle PLC.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/57

Emergen Research has segmented global alternative protein market on the basis of source, application, form, and region:

Custom Requirements can be requested for this Report [Customization Available] @ https://www.emergenresearch.com/request-for-customization/57

Looking to Purchase Reports in Bundle [Schedule a Call with An Analyst]@ https://www.emergenresearch.com/call-schedule/57

Read Latest Reports Published by Emergen Research:

Food Enzymes Market By Source (Microorganisms, Animals, Plants), By Product Type (Carbohydrase, Protease, Lipase Polymerases, Nucleases), By Application (Food, Beverages), and By Region Forecast to 2028.

Food Thickeners Market By Type (Starch, Protein, Hydrocolloids), By Source (Microbial, Animal, Plant), By Application (Confectionery, Bakery, Beverages, Sauces, Dressings, Marinades, and Gravies, Convenience & Processed Food, Dairy & Frozen Desserts, Others), and By Region Forecast to 2028.

Food Traceability Market By Equipment (Sensors, PDA with GPS and Others), By Software (Warehouse Software, Enterprise Resource Planning and Others), By Technology (GPS, Barcode, and Others), By Application, By End-Use, and By Region Forecast to 2028.

Non Thermal Pasteurization Market By Food Form (Liquid, Solid), By Technique (PEF, HPP, MVH, Ultrasonic, Irradiation), By Application (Food, Beverages, Pharmaceutical and Cosmetics), and By Region Forecast to 2028.

Nutraceutical Ingredients Market By Form (Liquid, Dry), By Type (Proteins and amino acids, Probiotic, Prebiotic, Vitamins, Minerals), By Application, and By Region Forecast to 2028.

About Emergen Research 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend's existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee 
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com  
Direct Line: +1 (604) 757-9756 
E-mail: [email protected]  
Visit for More Insights: https://www.emergenresearch.com/insights  
Explore Our Custom Intelligence services | Growth Consulting Services  
Press Release Available @ https://www.emergenresearch.com/press-release/global-alternative-proteins-market

Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jpg