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The 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%, in terms of value.
The changing consumer preference and interest in vegetable protein sources, due to its nutritional profile, inclination toward clean eating, rise in health concerns, and environmental concerns, as well as animal welfare, have resulted in the growth of the alternatives, such as plant-based meat, and ingredients such as textured vegetable protein.Download PDF BrochureThe North American region is the largest in the textured vegetable protein market during the forecast period.
The textured vegetable protein market is driven by the rise in the detrimental effects of conventional meat production and health concerns among consumers.
This has increased the demand for meat alternatives and advancements in the research & development activities to substitute traditional meat products.The North American textured vegetable protein market is led by its various applications with respect to sustainability.
Advancements in ingredient development have helped improve the adaptability of textured proteins for a wide range of food applications and are estimated to drive growth in the region.The North American region is the largest market for textured vegetable protein, owing to the development of novel and superior quality meat alternatives, developed technologies, and higher consumer adaption to meat alternatives.
The increase in processed and convenience food production and innovations in segments such as meat alternatives and cereals & snacks drives the demand for textured vegetable protein in the North American region.With the advancement of new technologies and innovative experiments in the food and beverage sector, the usage of textured vegetable protein has been dominant in the North American market, due to rise in vegan and flexitarian population, whereas the Asia Pacific region is growing fastest owing to new technologies and increase in the export of food and beverages.Make an InquiryKey Market Players are ADM (US), Cargill (US), CHS (US), Roquette Freres (France), DuPont (US), Wilmar International (Singapore), The Scoular Company (US), Puris Foods (US), VestKorn (Norway), MGP Ingredients (US), Beneo GmbH (Germany), Shandong Yuxin Bio-Tech (China), FoodChem International (China), Shandong Wonderful Industrial Group (China), Axiom Foods (US), AGT Food & Ingredients (Canada), Sun NutraFoods (India), Crown Soya Protein Group (China), La Troja (Spain), and Hung Yang Foods (Taiwan).
Green Plant-Based Proteins Market Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors.
The detailed overview of the market segments, product description, Green Plant-Based Proteins applications is presented in this report.
Plant based proteins are used in dairy alternatives, protein beverages, meat alternatives, protein bars, poultry and seafood, bakery, food, sports nutrition and others they also enhance their nutritional and functional properties.
Request Sample of Green Plant-Based Proteins Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-green-plant-based-proteins-market Green Plant-Based Proteins Market Type – isolates, concentrates and protein flour Green Plant-Based Proteins Market Application - protein beverages, dairy alternative, meat alternatives, protein bars, nutrition supplements, processed meat, poultry and seafood, bakery products, and plant-based proteins Major Players covered in the Green Plant-Based Proteins Market-Cargill Incorporated, ADM, Glanbia plc, DuPont, Kerry Inc, Ingredion, DSM, The Scoular Company, Burcon, Sotexpro, Gemef Industries, Aminola, Royal Ingredients Group, Farbest Brands, Vestkom, Now Foods A large-scale Green Plant-Based Proteins Market report delivers a comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market.
This study also analyzes the market status, future trends, revenue generation, market share, growth rate, opportunities and challenges, sales volume, market drivers, market restraints, risks, and entry barriers.
The Green Plant-Based Proteins Market report facilitates businesses to successfully make decisions about business strategies to achieve maximum return on investment (ROI).