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The industry will reach $1.68 billion by 2029 at a CAGR of 4.2%

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DUBLIN, January 3, 2023 /PRNewswire/ — The “Vegetable Protein Processing Equipment Market by Type (Dryers, Centrifuges, Filtration Systems, Blenders, Evaporators), Mode of Operation (Automatic), Production Capacity (SME, Large Scale), Application ( Soy Protein, Pea Protein) – Forecast to 2029 Report” has been added to from ResearchAndMarkets.com offer.

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The report provides an in-depth analysis of the Plant Protein Processing Equipment market across five major geographies and emphasizes current market trends, size, share, recent developments and forecast to 2029.

The global plant protein processing equipment market is expected to reach $1.68 billion by 2029, at a CAGR of 4.2% over the forecast period.

The growth of this market is attributed to the growing need to increase productivity, growing focus of plant protein manufacturers on reducing production costs, increasing investment in plant protein industry and the increased use of plant proteins as an ingredient in various foods. & beverage products. In addition, growing markets such as Asia, Latin Americaand Africa and the growing plant-based foods market are expected to create lucrative opportunities for players operating in this market.

However, the high cost of equipment and the preference for protein ingredients of animal origin are expected to restrain the growth of this market to some extent.

The study offers a comprehensive analysis of the global vegetable protein processing equipment market segmented by type (dryers, centrifuges, filtration systems, mixing systems, evaporators, boilers and other equipment), mode of operation (semi-automatic and automatic ), production capacity (small, medium and large scale), application (soybean protein, wheat protein, pea protein and other vegetable protein) and geography (North America, Europe, Asia Pacific, Latin Americaand the Middle East & Africa). The study also assesses industry competitors and analyzes regional and national markets.

Based on type, the global vegetable protein processing equipment market is segmented into dryers, centrifuges, filtration systems, blending systems, evaporators, boilers and other equipment. The filtration systems segment is expected to register the highest CAGR during the forecast period owing to its advantages over conventional separation methods, growing awareness of filtration processes, and increasing demand for products of better quality. quality.

On the basis of mode of operation, the global vegetable protein processing equipment market is segmented into semi-automatic and automatic. By 2022, the semi-automatic segment is expected to account for the largest share of the global vegetable protein processing equipment market. The significant market share of this segment is attributed to its advantages, such as significantly improved labor productivity, flexibility in production processes, and technical and economic feasibility. However, the auto segment is expected to register the highest CAGR during the forecast period.

On the basis of production capacity, the global plant protein processing equipment market is primarily segmented into small-medium scale and large-scale. In 2022, it is estimated that the small and medium-sized enterprise segment will account for the largest share of the global vegetable protein processing equipment market. The large market share of this market is attributed to increased government support for the development of small processing enterprises, low financing requirements and increased productivity. This segment is also expected to register the highest CAGR during the forecast period owing to the growing need for flexibility and innovation in the plant protein processing industry.

On the basis of application, the global vegetable protein processing equipment market is segmented into soy protein, wheat protein, pea protein and other protein. In 2022, the soy protein segment is expected to account for the largest share of the vegetable protein processing equipment market. However, the pea protein segment is expected to register the highest CAGR during the forecast period owing to the growing soy-free and gluten-free trend and increasing investment in pea protein manufacturing.

Market dynamics

Drivers

  • The need to increase productivity

  • Increase the attention of plant protein manufacturers to reduce production costs

  • Growth of investments and expansions in the vegetable protein industry

  • Increased use of plant proteins as an ingredient in various food and beverage products

Constraints

Opportunities

  • Growing demand for vegan protein from emerging markets in Asia, Latin Americaand the Middle East & Africa

  • Growing plant-based food market

Challenges

Orientation

Answers to key questions in the report:

  • What are the high growth market segments in terms of type, mode of operation, production capacity, application and country?

  • What is the historical vegetable protein processing equipment market across the world?

  • What are the market forecasts and estimates for the period 2022-2029?

  • What are the key drivers, restraints, challenges, trends and opportunities in the global vegetable protein processing equipment market?

  • Who are the major players in the vegetable protein processing equipment market and what market share do they hold?

  • How is the competitive landscape?

  • What are the recent developments in the global vegetable protein processing equipment market?

  • What are the different strategies adopted by the main market players?

  • What are the major geographic trends and which are the high-growth countries?

  • Who are the local emerging players in the global vegetable protein processing equipment market and how do they compete against other players?

Main topics covered:

1. Introduction

2. Research methodology

3. Executive Summary

4. Market Overview

5. The impact of COVID-19 on the Plant Protein Processing Equipment Market

6. Global Plant Protein Processing Equipment Market, By Type

7. Global Plant Protein Processing Equipment Market, By Mode of Operation

8. Global Plant Protein Processing Equipment Market, By Production Capacity

9. Global Plant Protein Processing Equipment Market, By Application

10. Plant Protein Processing Equipment Market, By Geography

11. Competitive Landscape

12. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)

13. Appendix

Companies cited

  • Alfa Laval AB (Sweden)

  • Bühler AG (Swiss)

  • GEA Aktiengesellschaft Group (Germany)

  • Flottweg SE (Germany)

  • SPX Flow Inc. (USA)

  • Coperion GmbH (Germany)

  • Hosokawa Micron B.V. (Netherlands)

  • Netzsch-Feinmahltechnik GmbH (Germany)

  • SiccaDania (Denmark)

  • Koch Separation Solutions (USA)

  • Bepex International LLC (USA)

  • Clextre (France).

For more information about this report visit https://www.researchandmarkets.com/r/mu9ece

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