The Rise of Plant-Based Protein: Transforming the Food Industry
The global plant-based protein market is expected to reach USD 14.3 billion in 2024 and is projected to grow at a CAGR of 7.5%, reaching USD 20.5 billion by 2029. Consumers are increasingly turning to alternative protein sources, favoring plant-based products over traditional animal-derived proteins. This shift is driven by several factors, including a growing interest in health-focused food and beverages,...
Exploring the Growing Trend: Plant-Based Protein Market Analysis
The plant-based protein market size is estimated at USD 13.3 billion in 2023 and is projected to reach USD 19.2 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Plant-based proteins have surged in popularity thanks to their diverse range of nutritional benefits, attracting individuals in search of a healthier and more sustainable protein source. These advantages encompass reduced saturated...