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Textured Vegetable Protein Market 2023 - Business Overview, New Share, Trends Analysis, And Forecast To 2032 | Archer Daniels Midland Company, Cargill Incorporated, DuPont, Roquette Frères
Textured Vegetable Protein Market
Textured Vegetable Protein Market Size, Growth Rate, And Forecast
The global textured vegetable protein market size is expected to grow from $1.67 billion in 2022 to $1.79 billion in 2023 at a compound annual growth rate (CAGR) of 7.52%. The textured vegetable protein market size is expected to reach $2.34 billion in 2027 at a CAGR of 6.82%.
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Textured Vegetable Protein Market Drivers
The growing demand for plant-based ingredients is expected to propel the growth of the textured vegetable protein market going forward. Plant-based ingredients are extracted from plant roots and other parts, including fruits, vegetables, rice, wheat, maize, pulses, and other food crops. The demand for plant-based ingredients is rising due to health consciousness among people and increased concern for animal welfare.
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Textured Vegetable Protein Market Segments
• By Product Type: Textured Soy Protein, Textured Wheat Protein, Textured Pea Protein, Other Product Types
• By Nature: Organic, Conventional
• By Application: Food Products, Animal Nutrition/Pet Food
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the textured vegetable protein market.
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Textured Vegetable Protein Market Key Players
Major competitors in the Textured vegetable protein market include Archer Daniels Midland Company, Cargill Incorporated, DuPont, Roquette Frères, Shandong Yuxin Biotechnology Co. Ltd., Axiom Foods Inc., Kansas Protein Foods LLC, Foodchem International Corporation, Dacsa Group, Victoria Group A.D., Crown Soya Protein Group, Wilmar International Ltd., Fuji Oil Co. Ltd., Vestkron A/S, and Ingredion Inc.
The Business Research Company's "Global Textured Vegetable Protein Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Textured Vegetable Protein Market Include:
1. Executive Summary
2. Textured Vegetable Protein Market Characteristics
3. Textured Vegetable Protein Market Trends And Strategies
4. Textured Vegetable Protein Market - Macro Economic Scenario
5. Textured Vegetable Protein Market Size And Growth
……
26. Africa Textured Vegetable Protein Market
27. Textured Vegetable Protein Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Textured Vegetable Protein Market
29. Textured Vegetable Protein Market Future Outlook And Potential Analysis
30. Appendix
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