MarketsandMarkets: Plant-Based Protein Market Worth $40.6 Billion by 2025
According to MarketsandMarkets, the plant-based protein market is currently estimated at $18.5 billion, and is projected to grow at a compound annual growth rate of 14% by 2025. This projection totals a value of $40.6 billion by 2025. As demand for plant-based protein products increases, food and beverage manufacturers will be driven to create such products.
During the forecast period, the pea segment is expected to be the fastest growing in the alternative protein market. Pea protein is gaining popularity among plant-based protein manufacturers at a global level due to...
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