Market Share of Australia Plant Protein Industry
The Australia plant protein market is fragmented in nature, with a large number of players operating in the market studied. The major players in the market include Bunge Limited, International Flavors & Fragrances Inc., Cargill Incorporated, The Archer-Daniels-Midland Company, and Kerry Group Plc. The key strategies adopted by the major players include expansions, mergers, and acquisitions to gain more market share. Companies have been expanding their production capacities in order to manufacture more plant-based ingredients to cater to the growing demand for the same across the region. The major players extensively focus on providing their clients with innovative offerings, including functional benefits in each of the offerings. This factor, in turn, provides them with a competitive advantage.
Australia Plant Protein Market Leaders
Archer-Daniels-Midland Company
International Flavors & Fragrances Inc.
Kerry Group plc
Bunge Limited
Cargill, Incorporated
*Disclaimer: Major Players sorted in no particular order
