Porter’s Five Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global protein supplement market in every aspect of the classification from perspectives of Product Type, Source, Form, Customer Gender, Age Group, Application, Distribution Channel, and Region.
Geographically, the following regions together with the listed national/local markets are fully investigated:
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
Join your global industry peers as we investigate the role of technology in achieving a more sustainable, efficient and healthy agri-food supply chain for South America at the 2nd annual World Agri-Tech South America Summit, where you will meet 600+ global leaders from across the agri-food innovation ecosystem for 1:1 networking, interactive group discussions, start-up pitches and critical market intelligence.
Our expert speaking faculty will present live, before hosting virtual roundtables on new technologies and strategies to achieve a more secure, resilient, and sustainable agri-food supply chain:
Connectivity: Overcoming the Last Hurdle for Digital Enablement
Farm Management: New Digital Platforms Driving Profitability in High Value Crops
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COVID-19 Accelerates Acceptance of Vegetarianism & Also the Emphasis on the Environment. Protein Alternatives to Gain $4.7 Billion on Both Counts
The global market for Protein Alternatives is projected to reach US$4.7 billion by the year 2027, trailing a post COVID-19 CAGR of 8% over the analysis period 2020 through 2027.
Non-animal based sources of protein are environmentally sustainable as compared to crop and animal based sources. By the year 2050, approximately 75% more food will be required to feed the population thereby exerting huge pressure on food production systems. By 2050, it is estimated that the agriculture industry, crops & livestock farming will be faced with the challenge of producing 974 more calories per person per day. In comparison arable land is expected to decrease. As population continues to grow and availability of arable land declines, demand for alternative protein sources is po