The plant-based protein market is driven by the increasing demand for protein-rich foods, the growing popularity of veganism, and the increasing awareness of the health benefits of plant-based proteins.
Key Trends and Drivers
There are several key trends in the plant-based protein market that are expected to continue in the coming years. One of the most important trends is the increasing demand for plant-based protein. This is being driven by a number of factors, including the growing awareness of the health benefits of plant-based protein, the increasing number of people who are vegetarian or vegan, and the increasing number of people who are looking for alternative sources of protein.
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Another key trend is the increasing number of plant-based protein products that are being developed. This is being driven by the growing demand for plant-based protein, as well as the increasing number of people who are interested in trying plant-based protein. There are a number of companies that are now offering plant-based protein products, and this is expected to continue to grow in the coming years.
Finally, another key trend in the plant-based protein market is the increasing number of companies that are investing in research and development of plant-based protein. This is being driven by the growing demand for plant-based protein, as well as the increasing number of companies that are interested in developing new and innovative plant-based protein products.
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Market Segments
By Product Type
- Soy Protein
- Wheat Protein
- Pea Protein
- Others
By Form
- Isolate
- Concentrate
- Others
By Application
- Supplements & Nutritional Powder
- Beverages
- Protein & Nutritional Bars
- Bakery & Snacks
- Breakfast Cereals
- Meat products
- Dairy products
- Infant Nutrition
- Animal Feed
- Others
Key Players
- AGT Food & Ingredients Inc
- Batory Foods
- Ag Processing Inc
- Archer-Daniels Midland Co
- Biopress S.A.S
- Burcon Nutrascience Corporation
- Cargill Inc.
- CHS Inc
- Cosucra Groupe Warcoing
- Crown Soya Protein Group
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