The North America Textured Vegetable Protein Market would witness market growth of 5.9% CAGR during the forecast period (2022-2028).
Textured soy protein concentrates can also satisfy the various dietary requirements of aquaculture as an alternate source of protein in aqua feed. It has increased the consumption of textured soy protein in feed and has the potential to reduce stress on natural fisheries supplies. There is high demand for textured soy protein-containing organic food and beverage items, which has created opportunities for producers.
The consumption of textured vegetable proteins such as pea protein has several benefits. Pea protein is among the greatest substitute on the market today for plant-based proteins because of its benefits to health, functionality, and sustainability. A technique involving both dry and liquid phases is used to produce pea protein. The pea's outer shell, which is largely made up of insoluble fibers, is first removed mechanically during a dry process. Following milling, soluble fibres, carbohydrates, and proteins are found in the flour that is produced.
The number of vegans in the US and around the other nations in the region is continuously rising, whether they are doing it for the environment, health, or ethical reasons. The sheer number of people who have made the shift shows that it is more than just a craze. People's views on meat consumption and its impact on people, animals, and the environment are starting to shift. Vegan products are now more widely available than ever due to businesses in every industry. The demand for plant-based foods is rising as hundreds of new menu items appear each year.
The US market dominated the North America Textured Vegetable Protein Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $482.3 million by 2028. The Canada market is poised to grow at a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.4% during (2022 - 2028).
Based on Application, the market is segmented into Meat Alternatives, Cereals & Snacks, and Other Applications. Based on Type, the market is segmented into Slices, Flakes, Granules, and Chunks. Based on Source, the market is segmented into Soy, Wheat, and Pea. Based on Form, the market is segmented into Dry and Wet. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Textured Vegetable Protein Market is Estimated to reach $2 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill Corporation, Archer Daniels Midland Company, Kansas Protein Foods, Ingredion, Incorporated, Koninklijke DSM N.V., Roquette Frères SA, The Scoular Company, Foodchem International Corporation, BENEO GmbH (Südzucker AG), and Axiom Foods, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Meat Alternatives
- Cereals & Snacks
- Other Applications
By Type
- Slices
- Flakes
- Granules
- Chunks
By Source
By Form
By Nature
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cargill Corporation
- Archer Daniels Midland Company
- Kansas Protein Foods
- Ingredion, Incorporated
- Koninklijke DSM N.V.
- Roquette Frères SA
- The Scoular Company
- Foodchem International Corporation
- BENEO GmbH (Südzucker AG)
- Axiom Foods, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Textured Vegetable Protein Market, by Application
1.4.2 North America Textured Vegetable Protein Market, by Type
1.4.3 North America Textured Vegetable Protein Market, by Source
1.4.4 North America Textured Vegetable Protein Market, by Form
1.4.5 North America Textured Vegetable Protein Market, by Nature
1.4.6 North America Textured Vegetable Protein Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Textured Vegetable Protein Market by Application
4.1 North America Meat Alternatives Market by Country
4.2 North America Cereals & Snacks Market by Country
4.3 North America Other Applications Market by Country
Chapter 5. North America Textured Vegetable Protein Market by Type
5.1 North America Slices Market by Country
5.2 North America Flakes Market by Country
5.3 North America Granules Market by Country
5.4 North America Chunks Market by Country
Chapter 6. North America Textured Vegetable Protein Market by Source
6.1 North America Soy Market by Country
6.2 North America Wheat Market by Country
6.3 North America Pea Market by Country
Chapter 7. North America Textured Vegetable Protein Market by Form
7.1 North America Dry Market by Country
7.2 North America Wet Market by Country
Chapter 8. North America Textured Vegetable Protein Market by Nature
8.1 North America Conventional Market by Country
8.2 North America Organic Market by Country
Chapter 9. North America Textured Vegetable Protein Market by Country
9.1 US Textured Vegetable Protein Market
9.1.1 US Textured Vegetable Protein Market by Application
9.1.2 US Textured Vegetable Protein Market by Type
9.1.3 US Textured Vegetable Protein Market by Source
9.1.4 US Textured Vegetable Protein Market by Form
9.1.5 US Textured Vegetable Protein Market by Nature
9.2 Canada Textured Vegetable Protein Market
9.2.1 Canada Textured Vegetable Protein Market by Application
9.2.2 Canada Textured Vegetable Protein Market by Type
9.2.3 Canada Textured Vegetable Protein Market by Source
9.2.4 Canada Textured Vegetable Protein Market by Form
9.2.5 Canada Textured Vegetable Protein Market by Nature
9.3 Mexico Textured Vegetable Protein Market
9.3.1 Mexico Textured Vegetable Protein Market by Application
9.3.2 Mexico Textured Vegetable Protein Market by Type
9.3.3 Mexico Textured Vegetable Protein Market by Source
9.3.4 Mexico Textured Vegetable Protein Market by Form
9.3.5 Mexico Textured Vegetable Protein Market by Nature
9.4 Rest of North America Textured Vegetable Protein Market
9.4.1 Rest of North America Textured Vegetable Protein Market by Application
9.4.2 Rest of North America Textured Vegetable Protein Market by Type
9.4.3 Rest of North America Textured Vegetable Protein Market by Source
9.4.4 Rest of North America Textured Vegetable Protein Market by Form
9.4.5 Rest of North America Textured Vegetable Protein Market by Nature
Chapter 10. Company Profiles
10.1 Koninklijke DSM N.V.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.2 Archer Daniels Midland Company
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.5.4 Geographical Expansions:
10.3 Ingredion, Incorporated
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.5.2 Acquisition and Mergers:
10.4 BENEO GmbH (Südzucker AG)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.5 Cargill Corporation
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Partnerships, Collaborations, and Agreements:
10.5.2.2 Geographical Expansions:
10.6 Roquette Freres SA
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Product Launches and Product Expansions:
10.6.2.2 Acquisition and Mergers:
10.7 The Scoular Company
10.7.1 Company Overview
10.8 Axiom Foods, Inc.
10.8.1 Company Overview
10.9 Kansas Protein Foods LLC
10.9.1 Company Overview
10.10. Foodchem International Corporation
10.10.1 Company Overview
TABLE 1 North America Textured Vegetable Protein Market, 2018 - 2021, USD Million
TABLE 2 North America Textured Vegetable Protein Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Textured Vegetable Protein Market
TABLE 4 Product Launches And Product Expansions– Textured Vegetable Protein Market
TABLE 5 Acquisition and Mergers– Textured Vegetable Protein Market
TABLE 6 geographical expansions– Textured Vegetable Protein Market
TABLE 7 North America Textured Vegetable Protein Market by Application, 2018 - 2021, USD Million
TABLE 8 North America Textured Vegetable Protein Market by Application, 2022 - 2028, USD Million
TABLE 9 North America Meat Alternatives Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Meat Alternatives Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Cereals & Snacks Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Cereals & Snacks Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Other Applications Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Other Applications Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Textured Vegetable Protein Market by Type, 2018 - 2021, USD Million
TABLE 16 North America Textured Vegetable Protein Market by Type, 2022 - 2028, USD Million
TABLE 17 North America Slices Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Slices Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Flakes Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Flakes Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Granules Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Granules Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Chunks Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Chunks Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Textured Vegetable Protein Market by Source, 2018 - 2021, USD Million
TABLE 26 North America Textured Vegetable Protein Market by Source, 2022 - 2028, USD Million
TABLE 27 North America Soy Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Soy Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Wheat Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Wheat Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Pea Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Pea Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Textured Vegetable Protein Market by Form, 2018 - 2021, USD Million
TABLE 34 North America Textured Vegetable Protein Market by Form, 2022 - 2028, USD Million
TABLE 35 North America Dry Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Dry Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Wet Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Wet Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Textured Vegetable Protein Market by Nature, 2018 - 2021, USD Million
TABLE 40 North America Textured Vegetable Protein Market by Nature, 2022 - 2028, USD Million
TABLE 41 North America Conventional Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Conventional Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Organic Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Organic Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Textured Vegetable Protein Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Textured Vegetable Protein Market by Country, 2022 - 2028, USD Million
TABLE 47 US Textured Vegetable Protein Market, 2018 - 2021, USD Million
TABLE 48 US Textured Vegetable Protein Market, 2022 - 2028, USD Million
TABLE 49 US Textured Vegetable Protein Market by Application, 2018 - 2021, USD Million
TABLE 50 US Textured Vegetable Protein Market by Application, 2022 - 2028, USD Million
TABLE 51 US Textured Vegetable Protein Market by Type, 2018 - 2021, USD Million
TABLE 52 US Textured Vegetable Protein Market by Type, 2022 - 2028, USD Million
TABLE 53 US Textured Vegetable Protein Market by Source, 2018 - 2021, USD Million
TABLE 54 US Textured Vegetable Protein Market by Source, 2022 - 2028, USD Million
TABLE 55 US Textured Vegetable Protein Market by Form, 2018 - 2021, USD Million
TABLE 56 US Textured Vegetable Protein Market by Form, 2022 - 2028, USD Million
TABLE 57 US Textured Vegetable Protein Market by Nature, 2018 - 2021, USD Million
TABLE 58 US Textured Vegetable Protein Market by Nature, 2022 - 2028, USD Million
TABLE 59 Canada Textured Vegetable Protein Market, 2018 - 2021, USD Million
TABLE 60 Canada Textured Vegetable Protein Market, 2022 - 2028, USD Million
TABLE 61 Canada Textured Vegetable Protein Market by Application, 2018 - 2021, USD Million
TABLE 62 Canada Textured Vegetable Protein Market by Application, 2022 - 2028, USD Million
TABLE 63 Canada Textured Vegetable Protein Market by Type, 2018 - 2021, USD Million
TABLE 64 Canada Textured Vegetable Protein Market by Type, 2022 - 2028, USD Million
TABLE 65 Canada Textured Vegetable Protein Market by Source, 2018 - 2021, USD Million
TABLE 66 Canada Textured Vegetable Protein Market by Source, 2022 - 2028, USD Million
TABLE 67 Canada Textured Vegetable Protein Market by Form, 2018 - 2021, USD Million
TABLE 68 Canada Textured Vegetable Protein Market by Form, 2022 - 2028, USD Million
TABLE 69 Canada Textured Vegetable Protein Market by Nature, 2018 - 2021, USD Million
TABLE 70 Canada Textured Vegetable Protein Market by Nature, 2022 - 2028, USD Million
TABLE 71 Mexico Textured Vegetable Protein Market, 2018 - 2021, USD Million
TABLE 72 Mexico Textured Vegetable Protein Market, 2022 - 2028, USD Million
TABLE 73 Mexico Textured Vegetable Protein Market by Application, 2018 - 2021, USD Million
TABLE 74 Mexico Textured Vegetable Protein Market by Application, 2022 - 2028, USD Million
TABLE 75 Mexico Textured Vegetable Protein Market by Type, 2018 - 2021, USD Million
TABLE 76 Mexico Textured Vegetable Protein Market by Type, 2022 - 2028, USD Million
TABLE 77 Mexico Textured Vegetable Protein Market by Source, 2018 - 2021, USD Million
TABLE 78 Mexico Textured Vegetable Protein Market by Source, 2022 - 2028, USD Million
TABLE 79 Mexico Textured Vegetable Protein Market by Form, 2018 - 2021, USD Million
TABLE 80 Mexico Textured Vegetable Protein Market by Form, 2022 - 2028, USD Million
TABLE 81 Mexico Textured Vegetable Protein Market by Nature, 2018 - 2021, USD Million
TABLE 82 Mexico Textured Vegetable Protein Market by Nature, 2022 - 2028, USD Million
TABLE 83 Rest of North America Textured Vegetable Protein Market, 2018 - 2021, USD Million
TABLE 84 Rest of North America Textured Vegetable Protein Market, 2022 - 2028, USD Million
TABLE 85 Rest of North America Textured Vegetable Protein Market by Application, 2018 - 2021, USD Million
TABLE 86 Rest of North America Textured Vegetable Protein Market by Application, 2022 - 2028, USD Million
TABLE 87 Rest of North America Textured Vegetable Protein Market by Type, 2018 - 2021, USD Million
TABLE 88 Rest of North America Textured Vegetable Protein Market by Type, 2022 - 2028, USD Million
TABLE 89 Rest of North America Textured Vegetable Protein Market by Source, 2018 - 2021, USD Million
TABLE 90 Rest of North America Textured Vegetable Protein Market by Source, 2022 - 2028, USD Million
TABLE 91 Rest of North America Textured Vegetable Protein Market by Form, 2018 - 2021, USD Million
TABLE 92 Rest of North America Textured Vegetable Protein Market by Form, 2022 - 2028, USD Million
TABLE 93 Rest of North America Textured Vegetable Protein Market by Nature, 2018 - 2021, USD Million
TABLE 94 Rest of North America Textured Vegetable Protein Market by Nature, 2022 - 2028, USD Million
TABLE 95 Key Information – Koninklijke DSM N.V.
TABLE 96 key Information – Archer Daniels Midland Company
TABLE 97 Key Information – Ingredion, Incorporated
TABLE 98 Key Information – BENEO GmbH
TABLE 99 Key Information – Cargill Corporation
TABLE 100 key Information – Roquette Freres SA
TABLE 101 Key Information – The Scoular Company
TABLE 102 key information – Axiom Foods, Inc.
TABLE 103 Key Information – Kansas Protein Foods LLC
TABLE 104 Key information – Foodchem International Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Koninklijke DSM N.V.
FIG 5 Recent strategies and developments: Archer Daniels Midland Company
FIG 6 Recent strategies and developments: Ingredion, Incorporated
FIG 7 Recent strategies and developments: Cargill Corporation
FIG 8 Recent strategies and developments: Roquette Frères SA