AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Vegetable Protein market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Vegetable Protein market to grow at a CAGR of %.
The Source Type, such as Soya, is boosting the Vegetable Protein market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Form Type, such as Powdered, is boosting the Vegetable Protein market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End-Use, such as Health supplements, is boosting the Vegetable Protein market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Vegetable Protein market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Demand for Healthy & Nutritional Products and The Rise of Vegan Culture and Flexitarianism.
Vegetable proteins, or vegan proteins, are the protein products that are extracted from the various types of plant sources such as soya, peas, and lentils among other sources. It has been utilized by multiple industries for their nutritional benefits and textural properties. Since vegetable proteins provide all the nutrition profile of a complete protein rich diet without the downside of the animal cruelty that comes into play in normal animal-derived proteins, vegetable protein is being preferred over animal sourced proteins by the modern consumer
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Vegetable Protein market , by Application (Food & Beverage and Feed) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market