United Arab Emirates Plant Protein Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Source (Pea, Rapeseed, Soy, Hempseed, Others), By Form (Protein Concentrates, Protein Isolates, Protein Hydrolysate), By Application (Dietary Supplement, Food And Beverages, Pharmaceuticals, Animal Feed), And By Distribution Channel (Online, Offline) - Forecasts From 2022 To 2027

  • Published : Aug 2022
  • Report Code : KSI061613339
  • Pages : 90

United Arab Emirates plant protein market is estimated to grow at a CAGR of 10.61 % to reach a market size of US$33.000 million in 2027 from US$16.294 million in 2020.

Concerns with the overwhelming population and resultant food security are driving people to gradually adopt increasingly plant-based consumption habits. The applications range across sports nutrition, clinical nutrition, infant nutrition, bakery, fortified food & beverages, and functional food & beverages. The rising practice of veganism is fast catching on throughout the world, which is also influencing the consumer preferences of the United Arab Emirates. This newfound interest is expected to fuel the expansion of the United Arab Emirates Plant Protein Market. Moreover, the participation of various businesses and types of industry in one country that gives rise to a microcosm of the world has a lot to do with the buying capacity of the mass in general. Thus, the rising disposable income of the nation paves the way for more opportunities for the United Arab Emirates plant-based protein market.

Concomitantly, the fitness segment will also fuel the plant-based protein market of the United Arab Emirates.

Further, regulatory frameworks across various countries are increasingly treated as an assurance, thus making consumers adopt dietary supplements that have plant-based proteins as one of their key ingredients. Further, food and beverages are being increasingly pursued for their functionality and the degree to which they resonate with the values of today’s consumers. This has incentivized the need to incorporate plant-based proteins to increase the functionality of beverages as well as cater to those who have adopted the vegan or flexitarian lifestyle. The fast life due to the growing pace of living in a borderless state necessitates a balanced fitness regime whereby comes the need for an even greater variety of nutritional supplements required by individuals of varying ages and vital statistics. To this end, soy protein has emerged as one of the most preferred contenders and leads the field for plant-based protein.

Product offerings in the country:

  • NUTRALYS®TP65M is a pea protein by Roquette Freres in the United Arab Emirates market. The textured pea protein can be consumed by blending into burgers, ground, and many more edible items. The product is ideal for different plant-based foods. It contains 65% of protein and has a cohesive and juicy texture. 
  • Now Foods offers a great source of protein with their Pea Protein, creamy Chocolate powder. Now Sports Pea Protein is a non-GMO vegetable protein that contains 24 grams of easily-digested protein. The plant-based protein offered by Now foods has a smooth texture and it can be mixed with any beverage for consumption.

COVID-19 Insight

The demand for healthier consumables has surged owing to the lockdown and the rising health concerns in UAE, hence the market has benefited from the COVID-19 pandemic. Due to COVID-19, the supply chain was disrupted, and the consumers opted for alternative proteins owing to the short supply of animal proteins in the market. Hence, this has resulted in a higher demand for plant-based protein in the UAE market in 2020. Thus, these changing trends are indicating a growing market for plant protein in the forecast period.

Segmentation

  • By Source
    • Pea
    • Rapeseed
    • Soy
    • Hempseed
    • Others
  • By Form
    • Protein Concentrates
    • Protein Isolates
    • Protein Hydrolysate
  • By Application
    • Dietary Supplement
    • Food and Beverages
    • Pharmaceuticals
    • Animal Feed
  • By Distribution Channel
    • Online
    • Offline

1. Introduction
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. United Arab Emirates Plant Protein Market, By Source
5.1. Introduction
5.2. Pea
5.3. Rapeseed
5.4. Soy
5.5. Hempseed
5.6. Others

6. United Arab Emirates Plant Protein Market, By Form
6.1. Introduction
6.2. Protein Concentrates
6.3. Protein Isolates
6.4. Protein Hydrolysate

7. United Arab Emirates Plant Protein Market, By Application
7.1. Introduction
7.2. Dietary Supplements
7.3. Food and Beverages
7.4. Pharmaceuticals
7.5. Animal Feed

8. United Arab Emirates Plant Protein Market, By Distribution Channel
8.1. Introduction
8.2. Online
8.3. Offline

9. Competitive Intelligence
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. Company Profiles
10.1. Cargill
10.2. DuPont de Nemours, Inc.
10.3. NOW® Foods
10.4. ADM
10.5. Ingredion Incorporated
10.6. Roquette Frères
10.7. Green Protein
 

Cargill

DuPont de Nemours, Inc.

NOW® Foods

ADM

Ingredion Incorporated

Roquette Frères

Green Protein