THE USE OF PLANT-BASED PROTEINS IN
FOOD AND BEVERAGES IN THE EU
A 10-year review of New Product Launches
     Containing Plant-Based Proteins
               across EU 28.
                 EUVEPRO 2019              1
                                                  OUTLINE
EUVEPRO members are producers of all major sources of vegetable proteins
for food use in Europe. In 2018 EUVEPRO commissioned a report into new
food product launches containing plant-based proteins across the EU over the
period 2007-2017. The report was developed by the market research company
Innova Market Insights and was based on new product launches tracked in the
Innova database.
The research report provides EUVEPRO members with:
• An overview of plant-based protein use in new food and beverage product
   launches (NPLs) across the whole of the EU over a 10-year period.
• Details about NPLs by plant-based protein type, top countries and market
   categories, NPLs for each food and beverage market category and for each
   EU Member State covering the period 2007-2017
• Statistics on the fastest growing countries and market categories based on
   largest Compound Annual Growth Rate in NPLs (CAGRs).
This overview document provides a summary of the data contained within the
Innova report, highlighting some of the key findings.                    2
                                 EUVEPRO 2019
           KEY FINDINGS
Abbreviations:
    CAGR = Compound Annual Growth Rate
    F&B = Food & Beverage
    NPL = New Product Launches
                EUVEPRO 2019              3
                                       Total plant-based protein launches in Europe
+13.5% average annual growth of new F&B launches tracked in Europe with plant-based protein
over the past five years (CAGR 2012-2017)
                                     Number of new F&B launches tracked with plant-based protein (EU)
                            6.000
                                                                                                                    4.966
                            5.000                                                                           4.788
                                                                                                    4.526
# of new product launches
                            4.000
                                                                                            3.330
                                                                                    2.988
                            3.000                          2.532            2.642
                                                                    2.302
                            2.000                  1.824
                                           1.264
                            1.000   757
                               0
                                    2007   2008    2009    2010     2011    2012    2013    2014    2015    2016    2017
                                                                   EUVEPRO 2019                                             4
                                                   Total plant-based protein launches by market
                                                                     category
                                   Number of new F&B launches tracked with plant-based protein by market category (EU)
                       1600
                                    1.442                                                 2007       2012   2017
                       1400
# of new product launches
                       1200
                                                  992
                       1000
                            800                               729
                                   677
                                             630
                            600
                                                         426             387        377
                            400                                                                318
                                  215                                190        168
                            200             115         150                                 150          133
                                                                                                       123         112        121                   102
                                                                    49                    62                   4372          69       80     86
                                                                               41                     35                 8          762    541    420     102 54
                              0
                  *CAGR, 2012-2017                                                        EUVEPRO 2019                                                         5
                                                         Plant-based protein type distribution
                                        Number of new F&B launches tracked with plant-based protein by protein type (EU)
              3000
                                                                           2007    2012    2017
                                               2.548
              2500
# of new product launches
              2000
                                                             1.623
              1500                      1.355
                                                          1086
              1000
                                                                                                     594
                                     460                                         478
                            500                                            353
                                                       222                                                         173
                                                                      87                       113
                                                                                           7                8 24            0   6 62
                              0
                                   Wheat protein       Soy protein   Other protein        Pea protein      Rice protein   Potato protein
                            *CAGR, 2012-2017
                                                                           EUVEPRO 2019                                                6
                                   Total plant-based protein overview
                      Protein types as % of new F&B launches tracked with plant-based protein
                                                     (EU, 2017)
      120%
                                                           Potato; 0,2%
                                                                                    Potato; 1,2%
                         Pea; 0,9%                                     Rice; 0,9%
                                                            Pea; 4,3%                Rice; 3,5%
      100%                             Rice; 1,1%
                                                           Other; 9,9%               Pea; 12,0%
                         Other; 9,4%
                                                                                    Other; 5,5%
       80%
                         Soy; 29,3%
                                                            Soy; 41,1%
                                                                                     Soy; 32,7%
       60%
       40%
                        Wheat; 60,8%
                                                          Wheat; 51,3%              Wheat; 51,3%
       20%
        0%
                            2007                              2012                     2017
*Percentages may be higher than 100% due to more than 1 protein type per product
                                                                                                   7
                                                    EUVEPRO 2019
                                   TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                               FOR PLANT-BASED PROTEIN
                                         TOP                                                         FASTEST GROWING
             Top countries/categories           Total plant-based protein            Top fastest growing           Total plant-based protein
             (in # of product launches                                               countries/
             tracked in 2017)                                                        categories             2007        2012      2017     Growth
                                         2007      2012      2017      Growth                                                              (CAGR 2012-
                                                                       (CAGR 2012-                                                            2017)
                                                                          2017)
                                                                                          Denmark
                 United Kingdom                                                                             26           33       183      +40.9%
                                         205        661      944        +7.4%
COUNTRIES
                                                                                           Ireland
                       France                                                                               18           23       125      +40.3%
                                         93         137      677       +37.6%
                                                                                           France
                      Germany                                                                               93          137       677      +37.6%
                                         86         267      594       +17.3%
                                                                                           Croatia           -           5         16
                    Netherlands                                                                                                            +26.2%
                                         89         348      536        +9.0%
                                                                                             Italy
                        Spain                                                                               24           77       237      +25.2%
                                         43         200      510       +20.7%
                       Bakery                                                            Soft Drinks
                                                                                                            10           2         54      +93.3%
CATEGORIES
                                         215        677      1,442     +16.3%
                Meat, Fish & Eggs                                                    Desserts & Ice Cream
                                         115        630      992        +9.5%                                4           20       102      +38.5%
                   Ready Meals                                                         Baby & Toddlers
                                         150        426      729       +11.3%                                7           4         14      +28.5%
                       Cereals                                                        Fruit & Vegetables
                                         49         190      387       +15.3%                                5           7         16      +18.0%
                 Sports Nutrition                                                      Sports Nutrition
                                         41         168      377       +17.5%                               41          168       377      +17.5%
                                                                                                                                                    8
                                                                     EUVEPRO 2019
    WHEAT PROTEIN
(including wheat gluten)
         EUVEPRO 2019      9
                                                                                         WHEAT PROTEIN
                                   TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                         TOP                                                        FASTEST GROWING
             Top countries/categories           Total wheat protein                 Top fastest growing           Total wheat protein
             (in # of product launches                                              countries/
             tracked in 2017)                                                       categories             2007     2012      2017      Growth
                                         2007    2012     2017        Growth                                                            (CAGR 2012-
                                                                      (CAGR 2012-                                                          2017)
                                                                         2017)
                                                                                         Denmark           13        14        69       +37.6%
                  United Kingdom         145     416      515          +4.4%
COUNTRIES
                                                                                          France           77       115       450       +31.4%
                       France            77      115      450         +31.4%
                                                                                          Ireland          13        13        49       +30.4%
                    Netherlands          45      141      298         +16.1%
                                                                                          Bulgaria          3         5        17       +27.7%
                      Germany            54      131      277         +16.2%
                                                                                       Czech Republic       2         5        16       +26.2%
                        Spain            14       81      210         +21.0%
                                                                                          Snacks           21        43       136       +25.9%
CATEGORIES
                       Bakery            190     603      1,247       +15.6%
                                                                                    Ready Meals & Side
                                                                                          Dishes           94       174       416       +19.0%
             Ready Meals & Side Dishes   94      174      416         +19.0%
                                                                                    Desserts & Ice Cream    2        11        25       +17.8%
                 Meat, Fish & Eggs       41      213      409         +13.9%
                                                                                          Bakery           190      603      1,247      +15.6%
                       Snacks            21       43      136         +25.9%
                                                                                     Meat, Fish & Eggs     41       213       409       +13.9%
                       Cereals           37      138      120          -2.8%                                                                   10
                                                                  EUVEPRO 2019
                                               WHEAT PROTEIN
 Wheat proteins are the most widely used plant-based proteins in
  Europe. Product launches including these proteins represent more than
  50 % of the launches with plant-based proteins (51.3%) with a steady
  growth (13.5% CAGR) over the last 10 year period.
 Several types of wheat proteins are offered. Actually, vital wheat gluten
  is included in 80 % of the launches whereas wheat proteins, wheat
  isolate hydrolyzed and textured protein cover the rest.
 The UK and France followed by the Netherlands and Germany are the
  top countries using wheat proteins (representing 70% of all launches).
  The growth of launches exceeds 30 % CAGR in Denmark, France and
  Ireland.
 In terms of food categories, bakery, not surprisingly is the largest food
  category involved (close to 50% of the launches) whereas the largest
  growth is seen in snack foods and ready meals (CAGR of 26 and 19%).
                                EUVEPRO 2019                                  11
SOY PROTEIN
  EUVEPRO 2019   12
                                                                                            SOY PROTEIN
                                   TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                         TOP                                                      FASTEST GROWING
             Top countries/categories           Total soy protein                 Top fastest growing           Total soy protein
             (in # of product launches                                            countries/
             tracked in 2017)                                                     categories             2007    2012      2017     Growth
                                         2007   2012     2017       Growth                                                          (CAGR 2012-
                                                                    (CAGR 2012-                                                        2017)
                                                                       2017)
                                                                                       Denmark           10       8         75      56.5%
                 United Kingdom          48     203      275         6.3%
COUNTRIES
                                                                                        Ireland           4       8         59      49.1%
                        Spain            19     88       261        24.3%
                                                                                        France           11       21       121      41.9%
                    Netherlands          33     178      203         2.7%
                                                                                          Italy           3       20        81      32.3%
                      Germany            21     97       156        10.0%
                                                                                         Spain           19       88       261      24.3%
                       France            11     21       121        41.9%
                                                                                      Soft Drinks         8       2         24
                Meat, Fish & Eggs        64     419      525         4.6%                                                           64.4%
CATEGORIES
                                                                                        Cereals           9       60       180
                 Sports Nutrition        21     115      219        13.7%                                                           24.6%
               Ready Meals & Side                                                    Confectionery        6       9         18
                                         36     193      211         1.8%                                                           14.9%
                     Dishes
                                                                                  Desserts & Ice Cream    2       3         6
                       Cereals            9     60       180        24.6%                                                           14.9%
                                                                                        Snacks           33       77       150
                       Snacks            33     77       150        14.3%                                                           14.3%
                                                                                                                                        13
                                                                EUVEPRO 2019
                                              SOY PROTEIN
 Soy proteins are one of the longest-standing plant-based proteins on
  the market, with 222 NPLs even in 2007 (>29% of all plant-based
  protein NPLs in that year).
 The number of NPLs for soy protein has increased 7.3-fold between
  2007 and 2017, although the number of NPLs in the years 2015 to
  2017 has stabilized at ca 1600 per annum.
 The UK continues to be the market with the highest number of soy
  protein NPLs, but the most significant growth in NPLs over the period
  2007-17 has been in Spain and the Netherlands, in particular; the
  number of NPLs per annum in these countries now coming close to
  the number in the UK.
 The main food product category for soy protein NPLs in 2017
  continues to be meat, fish & eggs, but the food areas that have
  shown the most significant growth are: cereals and sports nutrition
  products.
                               EUVEPRO 2019                               14
PEA PROTEIN
   EUVEPRO 2019   15
                                                                                            PEA PROTEIN
                                   TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                         TOP                                                      FASTEST GROWING
             Top countries/categories           Total pea protein                 Top fastest growing           Total pea protein
             (in # of product launches                                            countries/
             tracked in 2017)                                                     categories             2007    2012      2017     Growth
                                         2007   2012     2017       Growth                                                          (CAGR 2012-
                                                                    (CAGR 2012-                                                        2017)
                                                                       2017)
                                                                                         Spain            -       1         26       91.9%
                  United Kingdom          2     36       121         27.4%
COUNTRIES
                                                                                        France            2       5         93       79.4%
                      Germany             -      7       103         71.2%
                                                                                       Denmark            -       2         37       79.2%
                       France             2      5        93         79.4%
                                                                                       Germany            -       7        103       71.2%
                    Netherlands           1     24        44         12.9%
                                                                                        Sweden            -       3         36       64.4%
                       Finland            -     10        38         30.6%
                                                                                        Cereals           1       2         56       94.7%
CATEGORIES
                       Bakery             -     19       111         42.3%
                                                                                         Dairy            -       1         26       91.9%
                 Meat, Fish & Eggs        4     24        94         31.4%
                                                                                     Confectionery        -       1         18       78.3%
                  Sports Nutrition        -     14        89         44.8%
                                                                                        Spreads           -       1         14       69.5%
             Ready Meals & Side Dishes    1     28        77         22.4%
                                                                                  Desserts & Ice Cream    -       6         50       52.8%
                       Cereals            1      2        56         94.7%
                                                                                                                                           16
                                                                EUVEPRO 2019
                                              PEA PROTEIN
 In the current plant-based protein market, pea protein is the best
  alternative: for its nutrition, functionalities and sustainability.
  Moreover, the dynamics of the market highlight the popularity of pea
  protein: only 7 new products in 2007 containing pea protein compared
  to almost 600 new products in 2017.
 The UK is the most active with more than 120 product launches in 2017
  (a threefold increase in 5 years), followed by Germany and France.
 Pea protein is largely used in bakery (mainly bread and +42% of new
  products in 5 years), meat, fish&eggs and ready meals.
 The main driver of pea protein market is the plant-based trend which
  more and more mimics the mainstream market. That is why the dairy
  category is booming with +90% of products launches in 5 years.
 NPLs with pea protein represent more than 10% of the launches in
  2017, whereas they were nearly zero in 2007.
                               EUVEPRO 2019                               17
RICE PROTEIN
   EUVEPRO 2019   18
                                                                                            RICE PROTEIN
                                   TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                         TOP                                                      FASTEST GROWING
             Top countries/categories           Total rice protein                 Top fastest growing          Total rice protein
             (in # of product launches                                             countries/
             tracked in 2017)                                                      categories            2007    2012      2017      Growth
                                         2007   2012      2017       Growth                                                          (CAGR 2012-
                                                                     (CAGR 2012-                                                        2017)
                                                                        2017)
                                                                                         France           0        1        28       +94.7%
                 United Kingdom           2     12         62        +38.9%
COUNTRIES
                                                                                        Belgium           0        1         7       +47.6%
                       France             0      1         28        +94.7%
                                                                                        Germany           0        5        26       +39.1%
                      Germany             0      5         26        +39.1%
                                                                                    United Kingdom        2       12        62       +38.9%
                    Netherlands           2      0         10          N/A
                                                                                          Spain           0        1         5       +38.0%
                      Denmark             0      0         9           N/A
                                                                                         Cereals          1        1        57       +124.5%
                       Cereals            1      1         57        +124.5%
CATEGORIES
                                                                                    Baby & Toddlers       2        1         6       +43.1%
                 Sports Nutrition         0     20         54        +22.0%
                   Confectionery          1      0         16          N/A          Sports Nutrition      0       20        54       +22.0%
                       Bakery             2      0         12          N/A               Snacks           2        2         4       +14.9%
                     Soft Drinks          0      0         11          N/A
                                                                                                                                            19
                                                                 EUVEPRO 2019
                                         RICE PROTEIN
 In 2017, there were 5,5 times more NPLs with rice protein
  per year in comparison with 2007.
 Growth is especially located in UK, France and Germany.
 Most important applications for rice protein are cereals
  and sports nutrition (bars and powders). Rice is still a
  smaller player in the plant-based protein market
  compared with some of the longer-established plant-
  based proteins.
 However, especially in cereals the growth in the last 5
  years is quite tremendous. Back in 2012 there was only 1
  new cereal product launch with rice protein compared to
  57 products in 2017.
                          EUVEPRO 2019                        20
POTATO PROTEIN
    EUVEPRO 2019   21
                                                                                         POTATO PROTEIN
                                     TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                         TOP                                                      FASTEST GROWING
             Top countries/categories           Total potato protein                 Top fastest growing          Total potato protein
             (in # of product launches                                               countries/
             tracked in 2017)                                                        categories            2007     2012      2017       Growth
                                         2007    2012      2017        Growth                                                            (CAGR 2012-
                                                                       (CAGR 2012-                                                          2017)
                                                                          2017)
                                                                                        Netherlands         -         1        23        +87.2%
                    Netherlands           -       1        23          +87.2%
COUNTRIES
                                                                                      United Kingdom        -         4        11        +22.4%
                      Germany             -        -       17            N/A
                                                                                           Finland          -         1         2        +14.9%
                 United Kingdom           -       4        11          +22.4%
                      Belgium             -        -        8            N/A
                       France             -        -        5            N/A
                                                                                     Meat, Fish & Eggs      -         2        27        +68.3%
                Meat, Fish & Eggs         -       2        27          +68.3%
CATEGORIES
                       Bakery             -        -       24            N/A
                   Confectionery          -        -       12            N/A
               Ready Meals & Side
                                          -       4         4           0.0%
                     Dishes
                        Dairy             -        -        2            N/A                                                                    22
                                                                  EUVEPRO 2019
                                            POTATO PROTEIN
 Potato protein holds the lowest percentage share of the plant-
  based protein market with 1.2% in 2017.
 Looking at specific potato protein types, “potato protein”,
  labelled as such, is the only term used for NPLs in 2017, with
  other potato protein types yet to find application in food and
  beverage new product development.
 Netherlands is the top country for potato protein application and
  also shows the fastest growth over the past 5 years.
 Meat, fish & eggs and bakery were the top market categories for
  potato protein applications in 2017.
                             EUVEPRO 2019                             23
OTHER PROTEINS
    EUVEPRO 2019   24
                                                                                        OTHER PROTEINS
                                   TOP & FASTEST GROWING COUNTRIES AND CATEGORIES
                                         TOP                                                        FASTEST GROWING
             Top countries/categories           Total other protein                 Top fastest growing          Total other protein
             (in # of product launches                                              countries/
             tracked in 2017)                                                       categories            2007     2012      2017      Growth
                                         2007   2012      2017        Growth                                                           (CAGR 2012-
                                                                      (CAGR 2012-                                                         2017)
                                                                         2017)
                                                                                          Portugal         -        3         16        39.8%
                      Germany            16      58        84           7.7%
COUNTRIES
                                                                                          France           3        10        42        33.2%
                  United Kingdom         16      69        54          -4.8%
                                                                                            Italy          3        6         17        23.2%
                    Netherlands          14      54        55           0.4%
                                                                                         Denmark           6        9         22        19.6%
                        Spain            10      40        45           2.4%
                                                                                          Belgium          5        20        32         9.9%
                       Belgium            5      20        32           9.9%
                                                                                           Soup            4        14        35        20.1%
CATEGORIES
                 Meat, Fish & Eggs       17      112       98          -2.6%
                                                                                          Spreads          -        8         22        22.4%
             Ready Meals & Side Dishes   28      72        94           5.5%
                                                                                      Sports Nutrition     -        14        27        14.0%
                Sauces & Seasonings      11      52        39          -5.6%
                       Snacks            11      36        45           4.6%
                       Bakery            10      35        47           6.1%                                                                  25
                                                                 EUVEPRO 2019
                                           OTHER PROTEINS
 Overall, plant-based protein that is not specified by plant
  source is the most tracked “other” protein denomination used
  on new product labels, holding a 5.5% share of total plant-
  based protein NPLs in 2017.
 Named, other protein types tracked in food and beverage
  launches in 2017 include hemp protein, corn protein and lupin
  protein, although few NPLs containing these less well known
  plant-based proteins were identified.
 Germany, the UK and the Netherlands were the top countries
  for NPLs containing “other” proteins in food and beverages in
  2017, with Portugal showing the fastest growth between 2007
  to 2017.
 Meat, fish & eggs and ready meals are top categories, while
  soups are showing fastest growth with an average annual
  increase of 20% since 2007.                                     26
                            EUVEPRO 2019
                                       KEY OBSERVATIONS
 Wheat and soy protein remain the biggest players in the plant-
  based protein market, with continuing, high numbers of NPLs
  during 2015-17 (ca 84% of all plant-based protein NPLs).
 However, the relative share of wheat and soy proteins to the
  total plant-based protein NPL market is decreasing, because
  this innovative and dynamic market is growing and is
  increasingly attracting diversified sources of plant-based
  proteins.
 The UK is still the country with the highest number of NPL’s
  with plant-based proteins; however, France is coming closer,
  demonstrating the growing interest on the part of French
  consumers to purchase plant-based protein-containing foods.
                                                                 27
                            EUVEPRO 2019
                                 OTHER INTERESTING TRENDS
 DIVERSIFICATION: new plant-based protein types as of 2007
  and at an accelerated rate since 2015 besides wheat and soy
  protein.
 Growing MEAT ANALOGUES introductions based on plant-
  based proteins in traditional meat-eating countries: Germany,
  France, Netherlands, UK.
 More launches in recent years featuring MULTIPLE plant-based
  proteins e.g. sports nutrition trends featuring multiple plant-
  based proteins
                            EUVEPRO 2019                        28