Textured Vegetable Protein Market Size, Share, Drivers, Opportunities, and Leading Players
The textured vegetable protein market size is expected to grow from USD 1.7 billion in 2024 to USD 2.3 billion by 2029, representing a compound annual growth rate (CAGR) of 6.8% over the forecast period. This growth is fueled by increasing health, environmental, and ethical demands for plant-based diets, greater awareness of the nutritional benefits of vegetable proteins, a shift toward clean eating...
Textured Vegetable Protein Market | Growth Opportunities | Leading Players
The global textured vegetable protein market size is estimated to be valued at USD 1.1 billion in 2020 and is projected to reach USD 1.5 billion by 2025, recording a CAGR of 6.2% during the forecast period. The demand for textured vegetable protein has been increasing significantly, as they are used across various food and beverage applications such as meat alternatives and have been high in demand...
Growing Adaption of Meat Alternatives among Consumers led to Increased Demand for Textured Vegetable Protein
The Textured Vegetable Protein Market is estimated to be valued at USD 1.1 billion in 2020 and is projected to reach USD 1.5 billion by 2025, recording a CAGR of 6.2%, in terms of value. The growing demand for meat alternatives, as well as the increase in health awareness among consumers, are propelling the demand for textured vegetable protein.
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With the advancement...