Plant-based Protein Market Size, Share & Forecast
Plant-based Protein Market Plant-based Protein Market was projected at USD 9506 Million in 2019 and predicted to grow at 7.7% CAGR during the forecast period. Plant based protein provides options to consumers across the globe to add protein-based food in their diets. A rapid growth in vegan population and an increasing consciousness towards the benefits of protein contributes to the growth of plant based-protein market. Rapid urbanization, increasing employment, changing lifestyles across the globe and rising concerns about health risks associated with consumption of animal protein are some of the other factors driving the growth of plant-based protein market. Also, consumers inclination towards health & wellness and the increasing usage of soy protein in the food industry has propelled the Plant-Based Protein Market Size. Increasing demand for organic and plant-based products amongst the young adults and rising awareness towards accepting healthy lifestyles is expected to augm...