Japan Plant Protein Market Size
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2019 |
| CAGR | 1.65 % |
| Market Concentration | High |
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Japan Plant Protein Market Analysis
The Japan Plant Protein Market stood at 284.00 million usd in 2021 and is projected to register a CAGR of 1.65% to reach 308.17 million usd in 2026.
- Largest Segment by Product Type - Soy Protein : Soy protein is preferred above all other plant protein types due to its high protein content, low viscosity, solubility, etc., which ensures its extensive use in all sectors.
- Largest Segment by End User - Food and Beverages : The demand for plant protein is highest from the F&B sector, owing mainly to its multifunctionality and the surging number of regional consumers shifting toward vegan meals.
- Fastest Growing Segment by Product Type - Oat Protein : Wheat protein is projected to be the fastest-growing plant protein type in Japan due to its growing applications in the F&B sector, mainly in the bakery sub-sector.
- Fastest Growing Segment by End User - Personal Care and Cosmetics : The Japanese plant protein sector is evolving in terms of processing technology and application, leading to higher production of pea and soy protein for local consumption.
Japan Plant Protein Market Trends
This section covers the major market trends shaping the Japan Plant Protein Market according to our research experts:
Largest Segment By End User : <span style="font-family: 'regular_bold';color:#0e7db3;">Food and Beverages</span>
- Among end-use segments, the food and beverages segment highly dominated the market, accounting for a 51.7% share, by volume, in 2020. It was closely followed by the animal feed segment, which held a 46.6% market share, by volume, in 2020.
- The increasing need for natural protein ingredients in the region is boosting the use of plant protein ingredients, such as soy proteins, wheat proteins, which account for the most significant share in the Japanese plant protein market. It has also been scientifically proven that plant proteins, such as soy and pea, have immense functionalities that reduce the effect of cardio vascular diseases, propelling their acceptance in the country.
- The immense applications and diverse functionalities are boosting their use and driving manufacturers to increase their use of various plant proteins. In the personal care segment, hydrolyzed plant proteins have immense applications.
Japan Plant Protein Industry Overview
The Japan Plant Protein Market is fragmented, with the top five companies occupying 26.24%. The major players in this market are Archer Daniels Midland Company, DuPont de Nemours Inc., Fuji Oil Group, Nippn Corporation and Yantai Shuangta Food Co. Ltd (sorted alphabetically).
Japan Plant Protein Market Leaders
Archer Daniels Midland Company
DuPont de Nemours Inc.
Fuji Oil Group
Nippn Corporation
Yantai Shuangta Food Co. Ltd
*Disclaimer: Major Players sorted in no particular order
Japan Plant Protein Market News
- April 2021: ADM opened a new cutting-edge, plant-based innovation lab located in ADM’s Biopolis research hub in Singapore. The lab develops advanced products and customized solutions to meet the growing food and beverage demand in the Asia-Pacific region. The ADM Biopolis research hub in Singapore features a wide range of capabilities, including a food and flavor analytic lab, beverage and dairy applications lab and pilot plant, bakery and confectionery lab, meat and savory lab, sweet and savory creation lab, sensory evaluation facilities, customer innovation center, and a new plant-based innovation lab.
- February 2021: DuPont's Nutrition & Biosciences and the ingredient company IFF announced their merger in 2021. The combined company will continue to operate under the name IFF. The complementary portfolios give the company leadership positions within a range of ingredients, including soy protein.
- June 2020: ADM formed a joint venture with beef producer Marfrig. Through this collaboration, ADM aims to supply plant-based products, including soy flour, soy protein concentrates, isolated soy proteins, textured protein, wheat protein isolates, and other products, to the North and South American markets.
Japan Plant Protein Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 End User Market
3.2 Per Capita Plant Protein Consumption
3.3 Raw Material/Commodity Production
3.4 Regulatory Framework
3.5 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Protein Type
4.1.1 Hemp Protein
4.1.2 Pea Protein
4.1.3 Potato Protein
4.1.4 Rice Protein
4.1.5 Soy Protein
4.1.6 Wheat Protein
4.1.7 Other Plant Protein
4.2 By End User
4.2.1 Animal Feed
4.2.2 Personal Care and Cosmetics
4.2.3 Food and Beverages
4.2.3.1 Bakery
4.2.3.2 Beverages
4.2.3.3 Breakfast Cereals
4.2.3.4 Condiments/Sauces
4.2.3.5 Confectionery
4.2.3.6 Dairy and Dairy Alternative Products
4.2.3.7 Meat/Poultry/Seafood and Meat Alternative Products
4.2.3.8 RTE/RTC Food Products
4.2.3.9 Snacks
4.2.4 Supplements
4.2.4.1 Baby Food and Infant Formula
4.2.4.2 Elderly Nutrition and Medical Nutrition
4.2.4.3 Sport/Performance Nutrition
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 Archer Daniels Midland Company
5.3.2 Bunge Limited
5.3.3 Cargill, Incorporated
5.3.4 DuPont de Nemours Inc.
5.3.5 Fuji Oil Group
5.3.6 Nagata Group Holdings, ltd.
5.3.7 Nippn Corporation
5.3.8 Roquette Frère
5.3.9 Yantai Shuangta Food Co. Ltd
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Proteins CEOs
Japan Plant Protein Industry Segmentation
| By Protein Type | |
| Hemp Protein | |
| Pea Protein | |
| Potato Protein | |
| Rice Protein | |
| Soy Protein | |
| Wheat Protein | |
| Other Plant Protein |
| By End User | |||||||||||
| Animal Feed | |||||||||||
| Personal Care and Cosmetics | |||||||||||
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Japan Plant Protein Market Research FAQs
What is the current Japan Plant Protein Market size?
The Japan Plant Protein Market is projected to register a CAGR of 1.65% during the forecast period (2023-2028).
Who are the key players in Japan Plant Protein Market?
Archer Daniels Midland Company, DuPont de Nemours Inc., Fuji Oil Group, Nippn Corporation and Yantai Shuangta Food Co. Ltd are the major companies operating in the Japan Plant Protein Market.
Japan Plant Protein Industry Report
Statistics for the 2023 Japan Plant Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Plant Protein analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
