17 Mar Are you interested in plant-based proteins ?
Last February, our two experts Francisco Andre, Global Food Application Manager & Charlotte Bonnet, Global Product Manager shared their analysis of the plant-based proteins’ market. They explained how yeast extract can be a suitable alternative to meat and dairy products. Watch the video.
Plant-based proteins: a global trend
“Plant-based proteins is a growing market, and probably the fastest trend we have ever faced in the food industry” says Charlotte Bonnet, our Global Product Manager at Biospringer. Indeed, 1/3 of global consumers are limiting their meat intakes in favor of plant-based proteins. In the last 12 months, consumers who gave up meat represent 44% in North-America, 34% in South America, 20% in Europe and 20% in Asia-Pacific.1 Multiple factors explain this trend. According to a research, consumers avoid animal products for health, ethical, environment, weight loss and economic reasons.2
Two main segments appear in plant-based proteins
In this global trend, two main segments appear: global dairy substitutes and global meat substitutes. The first segment is growing +14% CAGR , the second +7,8%. The good news is that, to answer this growth, food manufacturers have a great diversity of alternative proteins available. Each protein brings different types of benefits and its challenges. To choose one, generally we analyze the nutritional profile, the way it is grown, if the protein is easily found and what is the perception of the consumer.
What are consumers’ expectations regarding plant-based foods & beverages?
According to a Mintel 2018 research, taste is at 68% the most important criteria for the consumer while choosing a plant-based protein, followed by clean label (41%), health claims (35%) and other claims such as non-GMO or organic products (17%). 54% of consumers agree to reduce their meat consumption and they seek meat alternatives which mimic the taste of meat! To answer this trend, our Culinary Centers work on finding solutions to reduce the off-notes & aftertaste that plant-proteins can generate.
Our solution to neutralize plant-based proteins’ side effects: yeast-based ingredients
At Biospringer, we provide yeast-based ingredients. Yeast is a micro-organism found naturally in our environment. It is produced by fermentation, so it is vegan by essence, it is very innovative and sustainable as it uses less energy. Moreover, yeast extract has a positive image among 62% of consumers3. Yeast based ingredients are made by fermentation and its production consists of 3 main steps – like explained in our video about yeast extract. Moreover, yeast extract can bring flavors like chicken, grilled, beef, roasted, poultry notes… and mask the off-notes with our solution Springer® Mask 101.
1FMCG GURUS, October 2019
3Web monitoring, 2018