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Textured Vegetable Protein Market by Product Type (Textured Soy Protein and Others), Form (Flakes, Granules, Chunks, and Others), and End User (Business To Business and Business To Consumer): Global Opportunity Analysis and Industry Forecast, 2021–2027

A11155
Pages: 264
May 2021 | 148 Views
 
Author(s) : Priya , Roshan Deshmukh
Tables: 121
Charts: 60
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global textured vegetable protein market size was valued at $987.9 million in 2019, and is projected to reach $2,139.6 million by 2027, registering a CAGR of 9.2% from 2021 to 2027. 

Textured vegetable protein is a plant based protein specifically derived from pea, soyabean, wheat, and others. It is a meat substitute and has high protein and fiber content, while having zero fat or cholesterol. The textured vegetable protein is dry and shelf-stable product after processing and is available in different forms including granules, flakes, chunks, and others. Different variants of textured vegetable proteins are available in the market. These include textured wheat protein, textured pea protein, textured soy protein and others. Rise in demand for healthy diets boosts the preference for textured vegetable protein majorly textured soy protein in the market. Moreover, rise in demand for textured vegetable protein from vegetarian consumers looking for protein rich meal drives the growth of the textured vegetable protein market. 

textured-vegetable-protein-Market-2021-2027

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The textured vegetable protein market is segmented into product type, form, end user, and region. By product type, it is bifurcated into textured soy protein and others. By form, the market is classified into flakes, granules, chunks, and others. By end user, it is divided into business to business and business to consumers. By region, the textured vegetable protein market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India,,  Japan, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

By product type, the textured soy protein segment accounted for the highest textured vegetable protein market share in 2019. The textured vegetable protein market growth of is attributed to the rising number of consumers looking for protein rich food giving a similar taste and texture like meat. However, the others segment is expected to grow at the highest CAGR during the forecast period.

Textured Vegetable Protein Market
By Product type

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The Textured soy protein segment dominates the global textured vegetable protein market and is expected to retain its dominance throughout the forecast period.

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By form, the chunks segment accounted for the highest textured vegetable protein market share in 2019. This is attributed to easy availability of textured vegetable protein in chunks form through various distribution channel across the globe. However, the flakes segment is anticipated to grow at the highest CAGR during the textured vegetable protein market forecast period.

Textured Vegetable Protein Market
By form

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The Chunks segment dominates the global textured vegetable protein market and is expected to retain its dominance throughout the forecast period.

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By end user, the business to consumer segment accounted for the highest textured market share in 2019. This is attributable to busy lifestyles of consumers, which increases the demand for functional foods like textured vegetable protein, which offers essential nutrition and helps enhance physical and mental wellness. However, the business to business segment is expected to grow at the highest CAGR during the forecast period.

Textured Vegetable Protein Market
By End user

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The Business to Consumer segment dominates the global textured vegetable protein market and is expected to retain its dominance throughout the forecast period.

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By region, the textured vegetable protein market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest market share in 2019. This is attributable to the rise in number of health-conscious consumers in countries such as the U.S.. However, Asia-Pacific is anticipated to grow at the highest CAGR during the textured vegetable protein market forecast period. 

Textured Vegetable Protein Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

The North America dominates the global textured vegetable protein market and is expected to retain its dominance throughout the forecast period.

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Covid-19 Impact Analysis

  • The COVID-19 has positively impacted the growth of the textured vegetable protein market.
  • During the COVID-19 outbreak, consumers have become more concerned about their overall health and wellness as COVID-19 has impacted the mental and physical well-being of almost everyone across the globe.
  • Increase in number of consumers becoming health conscious during the pandemic boosts the growth of the textured vegetable protein market.
  • In addition, vegan diet during the pandemic is becoming very popular as consumers are avoiding consumption of meat and are thus opting for the plant based protein. This in turn has contributed in driving the growth of the market.

The key players operating in the global textured vegetable protein market focus on prominent strategies to overcome competition, and maintain as well as improve their share worldwide. Some of the major players operating in the global textured vegetable protein industry analyzed in this report include Archer Daniels Midland Company, Cargill, Incorporated Inc., Du Pont de Nemours and Company, Foodchem International Corporation, Hung Yang Foods Co., Ltd.,  Sonic Biochem Extraction Pvt Ltd,  Südzucker Group(Beneo), Victoria Group A.D., and Wilmar International Limited. 

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the current textured vegetable protein market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the textured vegetable protein market size and segmentation assists in determining the prevailing textured vegetable protein market opportunities.
  • Major countries in each region have been mapped according to their revenue contribution to the global industry. 
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes the regional as well as global textured vegetable protein market analysis, key players, market segments, and growth strategies.

Key Market Segments

By Product Type

  • Textured Vegetable Protein
  • Others

By Form

  • Flakes
  • Granules
  • Chunks
  • Others

End User

  • Business to Business
  • Business to Consumers

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Value chain Analysis

3.1.Top Impacting Factor
3.2.Parent Market Analysis
3.3.Porter’s five forces analysis
3.4.COVID-19 impact on India skin care products market

3.4.1.Multiple Scenario

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Rising number of vegan populations
3.5.1.2.Growing number of health-conscious consumers globally
3.5.1.3.Proliferation of food service industry

3.5.2.Restraint

3.5.2.1.Potential threat of substitutes
3.5.2.2.Availability of counterfeit products

3.5.3.Opportunities

3.5.3.1.Rapid growth of online platform
3.5.3.2.Rising demand for organic products

CHAPTER 4:TEXTURED VEGETABLE PROTEIN MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Textured soy protein

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis, by country

4.3.Others

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country

CHAPTER 5:TEXTURED VEGETABLE PROTEIN MARKET, BY END USER

5.1.Overview

5.1.1.Market size and forecast

5.2.Business to Business

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market analysis, by country

5.3.Business to consumer

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market analysis, by country

CHAPTER 6:GLOBAL TEXTURED VEGETABLE PROTEIN MARKET, BY FORM

6.1.Overview

6.1.1.Market size and forecast

6.2.Granules

6.2.1.Overview
6.2.2.Key market trends, growth factors, and opportunities
6.2.3.Market size and forecast
6.2.4.Market analysis, by country

6.3.Flakes

6.3.1.Overview
6.3.2.Key market trends, growth factors, and opportunities
6.3.3.Market size and forecast
6.3.4.Market analysis, by country

6.4.Chunks

6.4.1.Overview
6.4.2.Key market trends, growth factors, and opportunities
6.4.3.Market size and forecast
6.4.4.Market analysis, by country

6.5.Others

6.5.1.Overview
6.5.2.Key market trends, growth factors, and opportunities
6.5.3.Market size and forecast
6.5.4.Market analysis, by country

CHAPTER 7:TEXTURED VEGETABLE PROTEIN MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by product type
7.2.3.Market size and forecast, by end user
7.2.4.Market size and forecast, by form.
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by product type
7.2.5.1.2.Market size and forecast, by end user
7.2.5.1.3.Market size and forecast, by Form

7.2.5.2.Mexico

7.2.5.2.1.Market size and forecast, by product type
7.2.5.2.2.Market size and forecast, by Form
7.2.5.2.3.Market size and forecast, by Form

7.2.5.3.Canada

7.2.5.3.1.Market size and forecast, by product type
7.2.5.3.2.Market size and forecast, by End user
7.2.5.3.3.Market size and forecast, by Form
7.2.5.3.4.Canada textured vegetable protein market REVENUE, 2019–2027 ($MILLION)

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by product type
7.3.3.Market size and forecast, by End users
7.3.4.Market size and forecast, by Form
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by product type
7.3.5.1.2.Market size and forecast, by End users
7.3.5.1.3.Market size and forecast, by Form

7.3.5.2.UK

7.3.5.2.1.Market size and forecast, by product type
7.3.5.2.2.Market size and forecast, by  end user
7.3.5.2.3.Market size and forecast, by Form

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by product type
7.3.5.3.2.Market size and forecast, by End users
7.3.5.3.3.Market size and forecast, by Form

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by product type
7.3.5.4.2.Market size and forecast, by End users
7.3.5.4.3.Market size and forecast, by Form

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by product type
7.3.5.5.2.Market size and forecast, by End users
7.3.5.5.3.Market size and forecast, by Form

7.3.5.6.Rest of Europe

7.3.5.6.1.Market size and forecast, by product type
7.3.5.6.2.Market size and forecast, by End users
7.3.5.6.3.Market size and forecast, by Form

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by product type
7.4.3.Market size and forecast, by End users
7.4.4.Market size and forecast, by Form
7.4.5.Market size and forecast, by country

7.4.5.1.India

7.4.5.1.1.Market size and forecast, by product type
7.4.5.1.2.Market size and forecast, by End users
7.4.5.1.3.Market size and forecast, by Form

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by product type
7.4.5.2.2.Market size and forecast, by Form
7.4.5.2.3.Market size and forecast, by Form

7.4.5.3.China

7.4.5.3.1.Market size and forecast, by product type
7.4.5.3.2.Market size and forecast, by End users
7.4.5.3.3.Market size and forecast, by Form

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by product type
7.4.5.4.2.Market size and forecast, by End users
7.4.5.4.3.Market size and forecast, by Form

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by product type
7.4.5.5.2.Market size and forecast, by End users
7.4.5.5.3.Market size and forecast, by Form

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by product type
7.5.3.Market size and forecast, by Form
7.5.4.Market size and forecast, by Form
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by product type
7.5.5.1.2.Market size and forecast, by End users
7.5.5.1.3.Market size and forecast, by Form

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by product type
7.5.5.2.2.Market size and forecast, by end user
7.5.5.2.3.Market size and forecast, by Form

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by product type
7.5.5.3.2.Market size and forecast, by End users
7.5.5.3.3.Market size and forecast, by Form

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Top Player Positioning
8.2.Top winning strategies
8.3.Competitive dashboard
8.4.Product mapping
8.5.Competitive heat map
8.6.Key developments

8.6.1.Business Expansion
8.6.2.Partnership
8.6.3.Product Launch

CHAPTER 9:COMPANY PROFILES

9.1.ARCHER-DANIELS-MIDLAND COMPANY

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.Business performance
9.1.7.Key strategic moves and developments

9.2.CARGILL, INCORPORATED

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Business performance

9.3.CHS INC.

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Business performance

9.4.E. I. DU PONT DE NEMOURS AND COMPANY

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D Expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments

9.5.FOODCHEM INTERNATIONAL CORPORATION

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Product portfolio

9.6.HUNG YANG FOODS

9.6.1.Company overview
9.6.2.Key Executive
9.6.3.Company snapshot
9.6.4.Product portfolio

9.7.SONIC BIOCHEM EXTRACTION PVT LTD

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Product portfolio

9.8.SÜDZUCKER GROUP

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D Expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments

9.9.VICTORIA GROUP

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Product portfolio

9.10.WILMAR INTERNATIONAL LIMITED

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.6.1.DISCLAIMER

LIST OF TABLES

TABLE 01.TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 02.TEXTURED SOY PROTEINTEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.OTHERS TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 05.TEXTURED VEGETABLE PROTEIN MARKET REVENUE FOR BUSINESS TO BUSINESS, BY REGION, 2019–2027 ($MILLION)
TABLE 06.TEXTURED VEGETABLE PROTEIN MARKET REVENUE FOR BUSINESS TO COMSUMERS, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 08.TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM GRANULES, BY REGION, 2019–2027 ($MILLION)
TABLE 09.TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM FLAKES, BY REGION, 2019–2027 ($MILLION)
TABLE 10.TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM CHUNKS, BY REGION, 2019–2027 ($MILLION)
TABLE 11.TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 12.TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 13.NORTH AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 17.U.S. TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 18.U.S. TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 19.U.S. TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 20.MEXICO TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 21.MEXICO TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 22.MEXICO TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 23.CANADA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 24.CANADA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 25.CANADA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 26.EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 27.EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 28.EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 29.EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 30.GERMANY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 31.GERMANY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 32.GERMANY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 33.UK TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 34.UK TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 35.UK TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 36.FRANCE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 37.FRANCE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 38.FRANCE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 39.ITALY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 40.ITALY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 41.ITALY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 42.SPAIN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 43.SPAIN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 44.SPAIN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 45.REST OF EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE , 2019–2027 ($MILLION)
TABLE 46.REST OF EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 47.REST OF EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 48.ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 49.ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 50.ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 51.ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 52.INDIA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 53.INDIA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 54.INDIA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 55.JAPAN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 56.JAPAN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 57.JAPAN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 58.CHINA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 59.CHINA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 60.CHINA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 61.SOUTH KOREA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 62.SOUTH KOREA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 63.SOUTH KOREA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 64.REST OF ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 65.REST OF ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 66.REST OF ASIA -PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 67.LAMEA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 68.LAMEA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 69.LAMEA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 70.LATIN AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 71.LATIN AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 72.LATIN AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 73.MIDDLE EAST TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 74.MIDDLE EAST TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 75.MIDDLE EAST TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 76.AFRICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 77.AFRICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY END USERS, 2019–2027 ($MILLION)
TABLE 78.AFRICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, BY FORM, 2019–2027 ($MILLION)
TABLE 79.ARCHER DANIELS MIDLAND COMPANY: KEY EXECUTIVES
TABLE 80.ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
TABLE 81.ARCHER DANIELS MIDLAND COMPANY: OPERATING SEGMENTS
TABLE 82.ARCHER-DANIELS-MIDLAND COMPANY : PRODUCT PORTFOLIO
TABLE 83.ARCHER-DANIELS-MIDLAND COMPANY : NET SALES, 2018–2020 ($MILLION)
TABLE 84.CARGILL, INCORPORATED : KEY EXECUTIVES
TABLE 85.CARGILL, INCORPORATED : COMPANY SNAPSHOT
TABLE 86.CARGILL, INCORPORATED : OPERATING SEGMENTS
TABLE 87.CARGILL, INCORPORATED : PRODUCT PORTFOLIO
TABLE 88.CARGILL, INCORPORATED : NET SALES, 2017–2019 ($MILLION)
TABLE 89.CHS INC.: KEY EXECUTIVES
TABLE 90.CHS INC.: COMPANY SNAPSHOT
TABLE 91.CHS INC.: OPERATING SEGMENTS
TABLE 92.CHS INC.: PRODUCT PORTFOLIO
TABLE 93.CHS INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 94.E. I. DU PONT DE NEMOURS AND COMPANY : KEY EXECUTIVES
TABLE 95.E. I. DU PONT DE NEMOURS AND COMPANY : COMPANY SNAPSHOT
TABLE 96.E. I. DU PONT DE NEMOURS AND COMPANY : OPERATING SEGMENTS
TABLE 97.E. I. DU PONT DE NEMOURS AND COMPANY : PRODUCT PORTFOLIO
TABLE 98.E. I. DU PONT DE NEMOURS AND COMPANY : R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 99.E. I. DU PONT DE NEMOURS AND COMPANY : NET SALES, 2018–2020 ($MILLION)
TABLE 100.FOODCHEM INTERNATIONAL CORPORATION: COMPANY SNAPSHOT
TABLE 101.FOODCHEM INTERNATIONAL CORPORATION: PRODUCT PORTFOLIO
TABLE 102.HUNG YANG FOODS: KEY EXECUTIVE
TABLE 103.HUNG YANG FOODS: COMPANY SNAPSHOT
TABLE 104.HUNG YANG FOODS: PRODUCT PORTFOLIO
TABLE 105.SONIC BIOCHEM EXTRACTION PVT LTD: KEY EXECUTIVES
TABLE 106.SONIC BIOCHEM EXTRACTION PVT LTD: COMPANY SNAPSHOT
TABLE 107.SONIC BIOCHEM EXTRACTION PVT LTD: PRODUCT PORTFOLIO
TABLE 108.SÜDZUCKER GROUP:: KEY EXECUTIVES
TABLE 109.SÜDZUCKER GROUP:: COMPANY SNAPSHOT
TABLE 110.SÜDZUCKER GROUP:: OPERATING SEGMENTS
TABLE 111.SÜDZUCKER GROUP:: PRODUCT PORTFOLIO
TABLE 112.SÜDZUCKER GROUP:: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 113.SÜDZUCKER GROUP:: NET SALES, 2018–2020 ($MILLION)
TABLE 114.VICTORIA GROUP: KEY EXECUTIVES
TABLE 115.VICTORIA GROUP: COMPANY SNAPSHOT
TABLE 116.VICTORIA GROUP: PRODUCT PORTFOLIO
TABLE 117.WILMAR INTERNATIONAL LIMITED: KEY EXECUTIVES
TABLE 118.WILMAR INTERNATIONAL LIMITED: COMPANY SNAPSHOT
TABLE 119.WILMAR INTERNATIONAL LIMITED: OPERATING SEGMENTS
TABLE 120.WILMAR INTERNATIONAL LIMITED: PRODUCT PORTFOLIO
TABLE 121.WILMAR INTERNATIONAL LIMITED: NET SALES, 2017–2019 ($MILLION)

LIST OF FIGURES

FIGURE 01.TEXTURED VEGETABLE PROTEIN MARKET: SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS
FIGURE 03.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 04.HIGH BARGAINING POWER OF BUYERS
FIGURE 05.HIGH THREAT OF SUBSTITUTION
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 08.TEXTURED VEGETABLE PROTEIN MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 09.TEXTURED VEGETABLE PROTEIN MARKET, BY PRODUCT TYPE, 2019 (%)
FIGURE 10.TEXTURED SOY PROTEINTEXTURED VEGETABLE PROTEIN MARKET, COMPARATIVE COUNTRY MARKET SHARE ANALYSIS, 2019 AND 2027 (%)
FIGURE 11.OTHERS TEXTURED VEGETABLE PROTEIN MARKET, COMPARATIVE REGIONAL MARKET SHARE ANALYSIS,  2019 AND 2027 (%)
FIGURE 12.TEXTURED VEGETABLE PROTEIN MARKET, BY END USER, 2019 (%)
FIGURE 13.COMPARATIVE COUNTRY MARKET SHARE ANALYSIS OF TEXTURED VEGETABLE PROTEIN MARKET FROM BUSINESS TO BUSINESS, 2019 AND 2027 (%)
FIGURE 14.COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF TEXTURED VEGETABLE PROTEIN MARKET FROM BUSINESS TO CONSUMER 2019 AND 2027 (%)
FIGURE 15.GLOBAL TEXTURED VEGETABLE PROTEIN MARKET SHARE, BY FORM, 2018 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM GRANULES, BY COUNTRY, 2019& 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM FLAKES,  BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF TEXTURED VEGETABLE PROTEIN MARKET REVENUE CHUNKS,  BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF TEXTURED VEGETABLE PROTEIN MARKET REVENUE FROM OTHERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 20.TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2019 (%)
FIGURE 21.U.S. TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 22.MEXICO TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 23.GERMANY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.UK TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.FRANCE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.ITALY TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.SPAIN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.REST OF EUROPE TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.INDIA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.JAPAN TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.CHINA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.SOUTH KOREA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.REST OF ASIA-PACIFIC TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.LATIN AMERICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.MIDDLE EAST TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.AFRICA TEXTURED VEGETABLE PROTEIN MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.FIGURE 01. TOP WINNING STRATEGIES, BY YEAR, 2017–2020*
FIGURE 38.TOP WINNING STRATEGIES, BY YEAR, 2017–2020*
FIGURE 39.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020* (%)
FIGURE 40.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020*
FIGURE 41.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 42.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 43.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 44.ARCHER-DANIELS-MIDLAND COMPANY : NET SALES, 2018–2020 ($MILLION)
FIGURE 45.ARCHER-DANIELS-MIDLAND COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 46.ARCHER-DANIELS-MIDLAND COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 47.CARGILL, INCORPORATED : NET SALES, 2018–2020 ($MILLION)
FIGURE 48.CHS INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 49.CHS INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 50.CHS INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 51.E. I. DU PONT DE NEMOURS AND COMPANY : R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 52.E. I. DU PONT DE NEMOURS AND COMPANY : NET SALES, 2018–2020 ($MILLION)
FIGURE 53.E. I. DU PONT DE NEMOURS AND COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.E. I. DU PONT DE NEMOURS AND COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.SÜDZUCKER GROUP:: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.SÜDZUCKER GROUP:: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.SÜDZUCKER GROUP:: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.WILMAR INTERNATIONAL LIMITED: NET SALES, 2018–2020 ($MILLION)
FIGURE 59.WILMAR INTERNATIONAL LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.WILMAR INTERNATIONAL LIMITED: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to some key textured vegetable protein manufacturers, rise in number of health-conscious consumers across the globe drives the growth of the market. Moreover, the product innovation and surge in demand for organic protein rich products are the factors anticipated to offer growth opportunities for the market during the forecast period. 

The market players have adopted key developmental strategies such as new product launch, business expansion, and partnership to maintain their position in the vegetable textured protein market, in terms of value sales. They also emphasize on continuous innovations in their products to maintain a strong foothold in the market and to boost the sales of textured vegetable protein globally. Furthermore, the rise in trend of veganism majorly in Europe and North America drives the market growth. 

Furthermore, the key manufacturers added that the availability of counterfeit textured vegetable protein and easy availability of its substitutes in the market at competitive price are the factors projected to hamper the growth of the market during the forecast period.

 
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FREQUENTLY ASKED QUESTIONS?
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A. The global textured vegetable protein market is projected to reach $2,139.6 million by 2027.

A. The global textured vegetable protein market is projected to register a CAGR of 9.2% from 2021 to 2027.

A. 2019 is considered as the base year in the textured vegetable protein market report?

A. Some of the key players operating in the global textured vegetable protein market are Archer Daniels Midland, Cargill., Du, Foodchem, Hung Yang Foods., Sonic Biochem Extraction, Südzucker Group(Beneo), Victoria Group., and Wilmar International .

A. The textured vegetable protein market is segmented into product type, form, end user, and region.

A. The rise in trend of health-conscious consumers preferring vegetable sources for proteins as nutritional and functional food is likely to drive the growth of the market.

A. North America holds the maximum market share of the textured vegetable protein market.

A. Rising number of health conscious and vegan consumers are some of the effecting factor in the textured vegetable protein market.

A. Rising number of health conscious and vegan consumers are some of the effecting factor in the textured vegetable protein market.

A. Increase in number of consumers becoming health conscious during the pandemic boosts the growth of the textured vegetable protein market.

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