Africa Plant Protein Market Outlook, 2029

The Africa Plant Protein Market is estimated at USD 1.69 billion in 2024 , driven by Growing awareness of health benefits.

According to publisher, Here is the Africa Plant Protein Market Report. Market Insights The African plant protein market is on the rise, driven by several factors: Growing awareness of health benefits: Consumers are increasingly associating plant-based proteins with a healthier lifestyle, leading to a rise in demand for products like soy, pea, and lentil protein. Urbanization and rising disposable income: Rapid urbanization and a growing middle class in Africa are creating a demand for convenient and nutritious food options, which plant-based proteins can fulfill. Sustainability concerns: Environmental consciousness is leading some consumers to choose plant-based proteins due to their lower environmental impact compared to animal-based proteins. The market size is estimated to be around USD 1.35 billion in 2024 and is projected to reach USD 1.69 billion by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 4.58%.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Market Dynamics Rising demand from the food and beverage (F&B) sector: The F&B industry is the dominant driver of the market, with plant proteins used in various products like bakery items, fortified flours, and plant-based meat alternatives. For example, RIFT Protein, a South African startup, is using mung beans to create egg alternatives. Limited domestic production: While Africa has the potential to grow protein-rich crops like soybeans and cowpeas, domestic production often falls short of demand. This creates an opportunity for imports and investment in local production facilities. Evolving consumer preferences: Consumers are looking for variety and innovation in plant-based protein products. This trend encourages manufacturers to develop new and exciting product offerings. Market Segments By Source: Soy (dominant source) Peas Lentils Other legumes and grains (emerging segment) By Application: Food & Beverage (bakery, dairy alternatives, meat alternatives) Animal Feed Nutraceuticals Regional Analysis South Africa: The most developed market in Africa due to its advanced food processing industry and higher disposable income. East Africa: Kenya and Ethiopia are emerging markets with growing demand for plant-based protein due to urbanization and rising health awareness. West Africa: Nigeria has significant market potential due to its large population and increasing middle class. However, infrastructure limitations and affordability remain challenges.

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Manmayi Raval

Manmayi Raval

Research Consultant

Key Developments Investments in plant-based protein startups: Several startups across Africa are focusing on developing innovative plant-based protein products, attracting investment and raising awareness. Expansion by international players: Multinational companies like Archer Daniels Midland and Cargill are entering the African market, recognizing its growth potential. Government initiatives: Some African governments are supporting the development of the domestic plant protein industry through policies and incentives. Competitive Landscape The market is characterized by a mix of established international players, regional players, and emerging startups. Some key players include: Archer Daniels Midland Company (US) Cargill Incorporated (US) DuPont (US) Tate & Lyle plc (UK) Philafrica Foods (South Africa) Conclusion The African plant protein market is brimming with potential due to rising health consciousness, urbanization, and growing disposable income. Overcoming challenges like limited domestic production and affordability will be crucial for sustained market growth. With continued innovation, investment, and supportive government policies, the African plant protein market is poised for a bright future.

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Manmayi Raval

Table of Contents

  • Table Of Contents
  • Figures And Tables
  • Part 1. Introduction
  • 1.1 Description
  • 1.2 Objectives Of The Study
  • 1.3 Market Segment
  • 1.4 Years Considered For The Report
  • 1.5 Currency
  • 1.6 Key Target Audience
  • Part 2. Research Methodology
  • 2.1 Primary Research
  • 2.2 Secondary Research
  • Part 3. Executive Summary
  • Part 4. Market Overview
  • 4.1 Introduction
  • 4.2 Drivers
  • 4.3 Restraints
  • Part 5. Africa Plant Protein Market By Product Type
  • 5.1 Hemp Protein
  • 5.2 Hemp Protein
  • 5.3 Potato Protein
  • 5.4 Rice Protein
  • 5.5 Soy Protein
  • 5.6 Wheat Protein
  • 5.7 Others
  • Part 6. Africa Plant Protein Market By Application
  • 6.1 Animal Feed
  • 6.2 Food And Beverages
  • 6.3 Personal Care And Cosmetics
  • 6.4 Pharmaceuticals And Nutraceuticals
  • Part 7. Africa Plant Protein Market By Country
  • 7.1 Nigeria
  • 7.2 South Africa
  • 7.3 Rest Of Africa
  • Part 8. Company Profiles
  • 8.1 Amesi Group
  • 8.2 Bunge Global Sa
  • 8.3 Cargill, Incorporated
  • 8.4 Chs Inc.
  • 8.5 International Flavors & Fragrances Inc.
  • 8.6 Kerry Group Plc
  • 8.7 The Archer-Daniels-Midland Company
  • 8.8 The Cooperative Royal Avebe U.A.
  • 8.9 Wilmar International Limited
  • Disclaimer

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Africa Plant Protein Market Outlook, 2029

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