Market Share of Canada Plant Protein Industry
The Canada plant protein market is fragmented, with regional and global players dominating the market. The prominent players in the market include Archer Daniels Midland Company, DuPont de Nemours Inc., Kerry Group PLC, Roquette Frères, and CHS Inc. As the demand for plant-based protein is increasing, the market players are innovating new products to cater to growing demand. For instance, In June 2021, Axiom Foods launched a new pea protein, made from Pisum sativum yellow peas, that is majorly used as a meat replacement and an extender. It reduces the cost of nuggets, patties, and meatballs while adding nutritional content, protein, and juiciness.
Canada Plant Protein Market Leaders
Archer Daniels Midland Company
DuPont de Nemours Inc.
Kerry Group PLC
Roquette Frères
CHS Inc
*Disclaimer: Major Players sorted in no particular order
