Authored By: Sarah
11 Jul 2024

 Plant-based Protein Products Market for Infants to grow by USD 611.18 million between 2024-2028

According to a research report “ Plant-based Protein Products Market for Infants” by Distribution Channel (Offline, Online) Product (Soy-based protein products, Other plant-based protein products) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 611.18 million at a CAGR of  7.66% during the forecast period. The global market for plant-based protein products catering to infant nutrition has experienced robust growth, fueled by the rising number of urbanized populations and expanding middle classes. Working mothers, who constitute a significant portion of this demographic, seek convenient solutions for their infants' nutritional needs. As a result, the demand for plant-based protein products in countries like India, China, the UK, and Russia is projected to surge, driven by the increasing workforce of mothers returning to their jobs post-childbirth..

Browse market data tables, figures, and in-depth TOC on “Plant-based Protein Products Market for Infants” by Distribution Channel (Offline, Online) Product (Soy-based protein products, Other plant-based protein products) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.

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By Distribution Channel, the Offline segment is projected to dominate the market size in 2024.

The soybean, a nutrient-dense legume, is a significant contributor to the plant-based protein market for infants. Rich in protein, vitamin C, folate, and essential minerals, soybean is utilized in producing various products, such as soymilk, soy flour, tofu, and infant formulas. Soy-based infant formulas are meticulously formulated to cater to an infant's nutritional needs, encompassing proteins, vitamins, and minerals. Despite their benefits, soy-based protein products may not be suitable for all infants due to potential allergic reactions to the allergenic proteins present in soy.

By Product, Soy-based protein products  segment is expected to hold the largest market size for the year 2024.

In the Plant-Based Protein Products Market for Infants, organized retailing, specifically hypermarkets and supermarkets, plays a pivotal role as key offline distribution channels. The expansion of these retailers globally enhances vendor product visibility and boosts demand. Consumers benefit from a vast selection of plant-based protein options based on price and quality parameters. The growth of the offline segment is attributed to the worldwide proliferation of hypermarkets and supermarkets.

North America is forecasted to hold the largest market size by region in 2024.

The North American market for plant-based protein products catering to infants is projected to experience modest expansion during the forecast period. Despite breastfeeding being the preferred choice for newborns and infants, a significant portion of US infants are weaned onto infant formula. The trend toward natural and additive-free plant-protein products is fueling market growth, particularly in the US and Mexican markets. Parental concerns over food safety have further boosted sales in the US.

The Plant-based Protein Products Market for Infants t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Abbott Laboratories
  • Archer Daniels Midland Co.
  • Batory Foods
  • Cargill Inc.
  • COSUCRA
  • DuPont de Nemours Inc.
  • Emsland Starke GmbH
  • Glanbia plc
  • Ingredion Inc.
  • Kerry Group Plc
  • Koninklijke DSM NV
  • Nestle SA
  • Plantible Foods Inc.
  • Puris
  • Roquette Freres SA
  • Royal Avebe
  • Sofina SA
  • The Hain Celestial Group Inc.
  • The Scoular Co.
  • Wilmar International Ltd.
.

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Research Analysis Overview

In the realm of food technology, the accessibility of plant-based protein products for infants has gained significant attention due to ethical considerations and consumer preferences for animal welfare, eco-consciousness, and environmental sustainability. These considerations have led to a growing demand for plant-based protein sources, such as pea protein, legumes, and tofu, in infant formulas. Plant-based protein products offer essential nutrients, including fiber, cholesterol-free options, and lower saturated fat content, making them a viable alternative to animal agriculture. Consumers are increasingly seeking restrictions on their infants' diets based on dietary preferences and ethical considerations. The production of plant-based protein products has a smaller ecological footprint and lower greenhouse gas emissions compared to animal agriculture, making them a more sustainable choice. Balanced diets for infants can be achieved through the consumption of these plant-based protein sources, ensuring they receive all the necessary nutrients for optimal growth and development. In conclusion, the market for plant-based protein products for infants is a growing sector in the food industry, driven by consumer attitudes and preferences for ethical treatment of animals, environmental sustainability, and health considerations. These products offer a viable alternative to animal-derived sources, providing essential nutrients while reducing the environmental impact.

Market Research Overview

In the context of a growing multicultural population and shifting consumer preferences towards flexitarian diets, veganism, and plant-based eating, the market for plant-based protein products, including those for infants, is experiencing significant growth. Key players in this market, such as Roquette, Beyond Meat, Parabel, Plantible Foods, and Hinoman, are innovating with protein-rich ingredients like textured wheat protein, wheat protein concentrates, and wheat protein isolates, as well as pea starch and LENTENIN. These companies are addressing the demand for allergen-free and gluten-free options, as well as the need for personalized nutrition for infants. The fish farming industry, with its potential mineral contaminants, is being challenged by advanced aquaculture methods using untapped potential of aquatic plants like duckweeds. Consumer attitudes and preferences for ethical treatment, animal welfare, eco-consciousness, and environmental sustainability are driving the market for plant-based protein products. Essential nutrients like fiber, cholesterol, and saturated fat content are being carefully considered to ensure a balanced diet for infants. Plant-based protein sources like peas, soybeans, lentils, chickpeas, beans, and legumes, as well as tofu, are being explored to meet the growing consumer base's demands for ethical considerations, sustainability, health, and taste. Food technology and culinary innovation are also playing a crucial role in making plant-based protein products more accessible and appealing to consumers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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