Press release
Plant-Based Protein Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Archer Daniels Midland Company (ADM), DuPont Nutrition & Biosciences, Axiom Foods Inc., Cargill, Kerry Group
Plant-Based Protein Market
As per the Plant-Based Protein market report by The Business Research Company, the increasing awareness of health and wellness is expected to propel the growth of the plant-based protein market during the forecast period. Plant-based proteins are good for weight loss and provide building blocks for healthy muscles and tissues. They are high in fiber and contain less amount of calories & fats than animal protein.
The global plant-based protein market size grew from $14.7 billion in 2022 to $16.22 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The plant-based protein market size is expected to grow to $24.89 billion in 2027 at a CAGR of 11.3%.
Read More On The Plant-Based Protein Market Report Here:
https://www.thebusinessresearchcompany.com/report/plant-based-protein-global-market-report
Major competitors in the Plant-Based Protein market include Archer Daniels Midland Company (ADM), DuPont Nutrition & Biosciences, Axiom Foods Inc., Cargill, Kerry Group, Ingredion Incorporated, Roquette Freres, Wilmar International Limited, Glanbia PLC., Cosucra Groupe Warcoing SA, Sotexpro, Emsland Group, and PURIS Foods.
The Plant-Based Protein market is segmented -
• By Type: Isolates, Concentrates, Textured
• By Source: Soy, Wheat, Pea, Other Sources
• By Form: Dry, Liquid
• By Application: Feed, Food, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Plant-Based Protein market.
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Plant-based protein is a protein supplement that is derived from plant-based sources. Plant-based proteins are becoming more popular as meat substitutes because they are highly nutritious and include nutrients such as fiber, vitamins, and minerals in addition to proteins.
The Table Of Content For The Plant-Based Protein Market Include:
1. Executive Summary
2. Plant-Based Protein Market Characteristics
3. Plant-Based Protein Market Trends And Strategies
4. Plant-Based Protein Market - Macro Economic Scenario
5. Plant-Based Protein Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Plant-Based Protein Market
29. Plant-Based Protein Market Future Outlook and Potential Analysis
30. Appendix
The "Global Plant-Based Protein Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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