Plant-Based Protein Market The plant-based protein market is poised for significant growth, with its size expected to increase from US$ 18.64 billion in 2024 to US$ 42.55 billion by 2034. During this period, a promising 8.6% CAGR in the demand for plant-based protein is projected to drive this expansion. Vegetarian cuisine is becoming increasingly popular all around the world. This idea has spread …
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Plant-Based Protein Market to Reach USD 22.5 Billion by 2032: Growing Consumer Preference for Sustainable Protein Sources Drives Demand for Plant-Based Proteins in Food and Beverage Industries Worldwide
According to Future Market Insights, the global plant-based protein market grew 6.7% year on year (YOY) in 2021 to total sales of USD 11.3 billion, and is expected to surpass USD 22.5 billion in 2032 at a CAGR of 7.2%. Rising global demand for plant protein due to changing consumer preferences is a major driver …