The consumer industry continues to be a hotbed of innovation, with activity driven by environmental sustainability, health and wellness, convenience, and aesthetics, and the growing importance of technologies such as 3D food printer, digital food management, food safety and transparency, and personalised nutrition. In the last three years alone, there have been over 450,000 patents filed and granted in the consumer industry, according to GlobalData’s report on Innovation in Consumer: Textured vegetable protein.
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early emergence to accelerating adoption, before finally stabilising and reaching maturity.
Identifying where a particular innovation is on this journey, especially those that are in the emerging and accelerating stages, is essential for understanding their current level of adoption and the likely future trajectory and impact they will have.
40+ innovations will shape the consumer industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the consumer industry using innovation intensity models built on over 110,000 patents, there are 40+ innovation areas that will shape the future of the industry.
Within the emerging innovation stage, hydrogel dressings, dextrin-based compositions, and safety injection needles are disruptive technologies that are in the early stages of application and should be tracked closely. Wet wipes dispenser, carbon fibre sports equipment, and cigarette rod making device are some of the accelerating innovation areas, where adoption has been steadily increasing. Among maturing innovation areas are portable toothbrush cases and anabolic muscle supplements, which are now well established in the industry.
Innovation S-curve for the consumer industry
Textured vegetable protein is a key innovation area in consumer
Textured vegetable protein is a by-product of extracting soybean oil and finds usage as a meat extender or meat analogue. Its protein content is comparable to various types of meat.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 10+ companies, spanning technology vendors, established consumer companies, and up-and-coming start-ups engaged in the development and application of textured vegetable protein.
Key players in textured vegetable protein – a disruptive innovation in the consumer industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to textured vegetable protein
|Company||Total patents (2010 - 2021)||Premium intelligence on the world's largest companies|
|Roquette Freres||53||Unlock company profile|
|Gold&Green Foods||50||Unlock company profile|
|Nestle||49||Unlock company profile|
|General Mills||28||Unlock company profile|
|Kellogg||14||Unlock company profile|
|DMK Deutsches Milchkontor||13||Unlock company profile|
|Anabio Technologies||12||Unlock company profile|
|Valio||9||Unlock company profile|
|Fuji Oil Holdings||9||Unlock company profile|
|PepsiCo||8||Unlock company profile|
|DuPont de Nemours||7||Unlock company profile|
|Beyond Meat||7||Unlock company profile|
|Redefine Meat||6||Unlock company profile|
|V2 Food||6||Unlock company profile|
|Usarium||6||Unlock company profile|
|Suddeutsche Zuckerrubenverwertungs-Genossenschaft eG||6||Unlock company profile|
|MycoTechnology||5||Unlock company profile|
|Raisio||5||Unlock company profile|
|Plant Meat||5||Unlock company profile|
Source: GlobalData Patent Analytics
Roquette Freres is one of the leading patent filers in the textured vegetable protein space. Some other key patent filers include Gold&Green Foods, Nestle, and General Mills. Recently, Roquette introduced a new line of organic textured proteins under the NUTRALYS brand. These proteins are derived from pea and fava.
In terms of application diversity, V2 Food leads the pack, while DuPont de Nemours, and Gold&Green Foods stood in the second and third positions, respectively. By means of geographic reach, Anabio Technologies held the top position, followed by V2 Food and Gold&Green Foods.
With consumers increasingly seeking healthy food options along with innovation, the demand for textured vegetable protein will increase in the coming years.
To further understand the key themes and technologies disrupting the consumer industry, access GlobalData’s latest thematic research report on Consumer.