For more insights on the forecast market size and historic data (2018 - 2022) - Download a Sample Report Segment Overview 1.1 Plant- The plant-based protein market is experiencing significant growth due to its cost-effectiveness and eco-friendliness compared to animal-protein. Soy protein, derived from soybeans, is a widely used plant-protein with applications in various food sectors.
It comes in three forms: isolate, concentrate, and textured. Wheat protein, derived from wheat starch, is another plant-protein with growing demand, particularly in bakery products and sports nutrition. Pea protein, extracted from yellow peas, is used in dairy products and gaining popularity due to health benefits.
New plant proteins like rice, potato, and canola proteins are emerging, but have limited applications currently. Overall, the plant-protein segment is driving the growth of the global protein market. For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) - Download a Sample Report Protein Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 3.
48% Market growth 2024-2028 USD 86.75 billion Market structure Fragmented YoY growth 2022-2023 (%) 3.32 Regional analysis APAC, Europe, North America, South America, and Middle East and Africa Performing market contribution APAC at 57% Key countries US, China, India, Germa.
