Product ID: SQMIG30I2161
Global Alternative Protein Market Size, Share, Growth Analysis, By Type(Plant-Based Protein, Insect-Based Protein), By Application(Cereals & Snacks, Beverages) - Industry Forecast 2024-2031
Report ID:
SQMIG30I2161 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
64 |
Figures:
74
Global Alternative Protein Market Regional Insights
North America accounted for the largest share of the Alternative Protein Market in 2021. North America's prominent position in the Alternative Protein Market can be ascribed to a growing realization of the importance of producing protein using sustainable ways in light of rising environmental concerns and moral concerns about animal protein. The burgeoning vegan population, more investment in alternative protein goods, and increased demand for healthier products have all resulted in technological advancements in the food sector that encourage alternative protein.
Asia-Pacific, on the other hand, is expected to register the fastest CAGR over the projection period. The rapid rise of the local market can be linked to a growing awareness of the need for protein-rich diets, increased technological advancements in the food and beverage industry, a rapidly developing economy, and a large supply of raw materials.
Global Alternative Protein Market Report Snapshots
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