Asia- Pacific Plant Based Protein Market Set to Witness Unprecedented Growth of USD 6758.64 Million by 2028

Asia- Pacific Plant based protein market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.7 % in the forecast period of 2021 to 2028 and is expected to reach USD 6,758.64 Million by 2028. Increasing demand of Plant based proteins in food and beverages industry is a major driver for the Asia- Pacific Plant based protein market.

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Plant based proteins are manufactured using plant based sources such as soy, pea, wheat among others and are further processed to make a final product. It is also considered as a substitute for animal sourced proteins. They have extensive applications in food & beverages industry and animal feed industry. These plant based proteins comes in various forms and they are used as a meat replacer in several food applications. The plant based proteins are used in beverages to add extra nutritional benefits of plant-based proteins such as chick peas, and pea protein among others. These proteins are used in various food products because of their nutritional content. Thus, various health conscious people are turning towards the plant based proteins. Plant proteins are also beneficial for weight loss apart from they act as the building blocks for healthy tissues and muscles.

Plant based proteins have extensive application in food & beverages service sector.

The factors driving the growth of the plant based protein market are increase in number of health conscious consumers, rise in population with lactose intolerant consumers, increase in awareness about the benefits of plant based proteins, investments & collaborations in the plant based proteins business and the growing usage of plant based proteins in various applications.

This Asia- Pacific Plant based protein market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

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