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Textured Vegetable Protein Market by Product, End User, Type, and Mode, Worldwide Forecast till 2029
Vegetable protein is essential in the vegan/ vegetarian diet. Individuals frequently turn to vegetable protein to obtain the proper nutrition profile that may result from a strict vegan diet. With the growing vegan population, more and more companies are attempting to adapt to the changing food culture by introducing more vegetable protein products to the market.
Data Bridge Market Research analyses that the textured vegetable protein market which was valued at USD 1.60 billion in 2021, is expected to reach the value of USD 2.59 billion by 2029, at a CAGR of 6.20% during the forecast period of 2022 to 2029. The growing vegan population around the world will be a factor in the textured vegetable protein supplements market during the forecast period.
Global Textured Vegetable Protein Market Definition
Textured vegetable protein is a by-product extracted from the processing of various vegetable ingredients that is used as a meat substitute due to its similar protein content to meats. It is a defatted version of vegetable proteins that are cooked in a very simple manner. These proteins are distinguished by their texturized structural integrity, which improves the chewiness and texture of the food products in which they are used.
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