Protein ingredients market is poised for significant expansion, fueled by the increasing importance of protein-rich diets
In 2023, the global protein ingredients market reached a valuation of USD 61.0 billion, with projections indicating a climb to USD 85.6 billion by 2028, boasting a Compound Annual Growth Rate (CAGR) of 7.0%. Protein ingredients, derived from various sources including plants, animals, insects, and microbes, are coveted for their high protein concentrations. They serve diverse industries such as food...
Protein Ingredients Market to Witness High Growth in Near Future
The global protein ingredients market is estimated to be valued at USD 61.0 billion in 2023. It is projected to reach USD 85.6 billion by 2028, recording a CAGR of 7.0% during the forecast period. Protein ingredients are produced by processing plant, animal, insect, and microbial sources to obtain high protein concentrations which can find applications in the food & beverages, feed, cosmetics...