Plant Proteins Market, to Reach at high CAGR of 5.5% by 2030 - DataM Intelligence

Market Overview:
Plant Proteins Market is expected to grow at a CAGR of 5.5% during the forecast period (2023-2030).
The global plant protein market is expected to grow at a rapid pace owing to the high protein content and many health benefits of plant protein.
Plant protein is gotten from sources, for example, soy, wheat, and other plant sources. Vegetarians and vegans need to mix their protein sources and ensure that they are getting all of the essential amino acids. Most plant proteins need at least one of the important amino acids required by the human body for ideal development and fix. Most of the plant proteins are extracted from seeds and vegetables.

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Market Dynamics:
Rising consumption of plant-based food due to health benefits, increasing demand for high-protein content products, and growing demand for sports nutrition products are the vital drivers for market growth.
The increasing awareness about the health benefits of plant-based foods among consumers is boosting the growth of the market.
Plant-based packaged foods have emerged as a good nutritional option, especially for vegetarians and vegans

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Market Segmentation:
Based on application, the market is classified into pharmaceuticals, food ingredients, and animal food.
Based on type, the global market for plant protein is broadly segmented as protein concentrate, protein isolate, and textured protein.
By source, the plant protein market is segmented into pea protein, soy protein, wheat protein, and others.

Competitive Analysis
Some of the key market players are Archer Daniels Midland Company, Axiom's Foods, Amco Proteins, Cargill Incorporated U.S, E. I Du Pont de company, Glanbia Nutritionals, Growing Naturals, LLC, Kerry Group, Manitoba harvest hemp foods, Omega Protein Corporation, Roquette Foods, Scoular Companys Food Ingredient, Sodrugestvo Groups, and Sunwarrior.

Trending Topics
Pea Protein Market: https://www.datamintelligence.com/research-report/pea-protein-market
Whey Protein Market: https://www.datamintelligence.com/research-report/whey-protein-market
Dairy Protein Market: https://www.datamintelligence.com/research-report/dairy-protein-market
Soy Protein Market: https://www.datamintelligence.com/research-report/soy-protein-market

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