According to our new research study on "Plant Protein Market to 2027 – Global Analysis and Forecast – by Source, Type, and Application," the market is projected to reach US$ 27,965.9 million by 2027 from US$ 16,633.6 million in 2018; it is expected to grow at a CAGR of 6.2% during 2019–2027. Plant proteins are obtained from various plant sources such as soy, wheat, pea, nuts, and seeds, among others. Various plant sources such as lentils, chickpeas, peanuts, almonds, spirulina, quinoa, and chia seed provide a high amount of proteins. Since plant proteins are low in calories, they can be consumed as a substituted for animal protein for weight loss. Growing demand for plant-based food coupled with rising consumer interest in high protein food is the key factors boosting the demand for plant protein globally. In 2018, Asia Pacific accounted for the largest share of the global plant protein market. The plant protein market growth in Asia Pacific is attributed to the increase in disposable income with changing lifestyles are the major driving factors for plant protein market in Asia Pacific. Rapid growth in the food & beverage industry in the developed and developing Asian countries such as China, India, and Japan provides a huge market opportunity for plant protein manufacturers as it is extensively used in the products such as protein beverages, dairy alternatives, meat alternatives, and protein bars. https://www.theinsightpartners.com/reports/plant-protein-market
According to our new research study on "Plant Protein Market to 2027 – Global Analysis and Forecast – by Source, Type, and Application," the market is projected to reach US$ 27,965.9 million by 2027 from US$ 16,633.6 million in 2018; it is expected to grow at a CAGR of 6.2% during 2019–2027. Plant proteins are obtained from various plant sources such as soy, wheat, pea, nuts, and seeds, among others. Various plant sources such as lentils, chickpeas, peanuts, almonds, spirulina, quinoa, and chia seed provide a high amount of proteins. Since plant proteins are low in calories, they can be consumed as a substituted for animal protein for weight loss. Growing demand for plant-based food coupled with rising consumer interest in high protein food is the key factors boosting the demand for plant protein globally. In 2018, Asia Pacific accounted for the largest share of the global plant protein market. The plant protein market growth in Asia Pacific is attributed to the increase in disposable income with changing lifestyles are the major driving factors for plant protein market in Asia Pacific. Rapid growth in the food & beverage industry in the developed and developing Asian countries such as China, India, and Japan provides a huge market opportunity for plant protein manufacturers as it is extensively used in the products such as protein beverages, dairy alternatives, meat alternatives, and protein bars. https://www.theinsightpartners.com/reports/plant-protein-market
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Plant Protein Market Size, Share, Analysis and Industry Frorecast to 2027 | The Insight Partners
Plant Protein Market is projected to reach US$ 27,965.9 Mn by 2027 with CAGR of 6.2% by focusing global industry share, Trends and Growing demand for plant-based food coupled with rising consumer interest in high protein food
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