Protein Market Size & Share Analysis - Industry Research Report - Growth Trends
Market research on proteins
A CAGR of 4.70% is predicted for the global protein market.
Globally, the animal feed and food and beverage industries propelled the plant protein segment. Due to its low price and high quality, soy protein continued to be the most popular among all.
Most Significant End User Segment - Food and Beverages: The segment is being served by a greater supply of plant proteins, such as those from rice, peas, and wheat, which can approximate the feel of meat.
Fastest-Growing Source Segment: Microbial: The supplements market has shown a need for microbial proteins, particularly protein from algae. It is projected that this segment would be driven by ongoing innovation and new competitors.
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