Global Plant Protein Ingredient Market Analysis

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Global Plant Protein Ingredient Market Analysis

  • Food & Beverage
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • Growing awareness among consumers about the health benefits associated with plant-based diets, such as reduced cholesterol levels and lowered risks of chronic diseases such as heart disease and diabetes, is a significant driver for the plant protein ingredient market
  • As more individuals seek healthier dietary choices, there is a corresponding increase in the demand for plant protein ingredients across various food and beverage categories. This trend is supported by a growing body of scientific research highlighting the nutritional advantages of plant proteins over animal-based alternatives, further solidifying consumer confidence in choosing plant-based options
  • North America dominated the plant protein ingredient market, accounting for the largest revenue share of 39.25% in 2024, driven by growing consumer awareness around sustainable nutrition, increasing demand for meat alternatives, and widespread adoption of plant-based diets
  • Asia-Pacific region is expected to witness the fastest CAGR of 5.9% from 2025 to 2032, attributed to a rapid shift toward plant-based nutrition, increasing disposable incomes, and dietary transitions in major economies such as China, Japan, and India
  • The Conventional segment dominated the plant protein ingredient market with the largest revenue share of 68.4% in 2024, owing to its wider availability, cost-effectiveness, and large-scale production

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