Plant Protein Ingredients Market Forecast 2025

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Plant Protein Ingredients Market is estimated to
surpass USD 8 billion by 2025
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Key Insights from Plant Protein Ingredients
Market

• Rising health concerns along with higher consumer
  awareness will help drive plant protein
  ingredient market size over the forecast period.
  Many plant-based ingredients have protein content
  ranging from 50 to 80 and provide substantial
  health benefits, representing a wide scope of
  application. Reduced costs have made plant
  protein affordable for consumer consumption and
  stimulated the adoption among food manufacturers
  and gradually in the fast-food segment.
• Emerging preference for a vegan lifestyle by
  growing number of consumers has influenced the
  business outlook. With a dramatic increase in
  environmental concerns regarding the protection
  of animals around the globe, consumers have been
  avoiding animal-sourced protein and opting for
  plant-based meat comprised of plant protein
  ingredients.
• The U.S. has one of the highest levels of
  animal-based meat consumption per person, and the
  opportunity for plant-based meat to thrive in
  that region is anticipated to be consequentially
  high. Europe also has a well-developed market for
  plant-based meat products and will lead to a high
  product demand over the analysis period.

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Continued...

• Government initiatives will contribute to plant
  protein industry share to a great extent, while
  healthcare institutions have also taken certain
  steps to promote plant based meals for patients.
  For instance, Californian Governor, Jerry Brown
  had recently signed a landmark bill which ensures
  that patients get healthy plant based options for
  every meal. The Senate Bill 1138 makes sure that
  people in hospitals, prisons or other healthcare
  facilities will have key access to plant-derived
  food.
• Pea based plant protein ingredients segment is
  expected to garner remarkable momentum by the
  year 2025. The substance has extremely high
  nutritional value and is more digestible compared
  to many other protein ingredients, besides having
  a high iron content. 10 of American women have
  iron deficiency and the benefits of a regular
  intake could boost the product demand. Estimates
  claim the overall pea protein market size to
  cross USD 160 million by 2024.

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U.S. Plant Protein Ingredients market for food
application, By Product, 2018 2025, (Kilo Tons)

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