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Saturday, September 30, 2023
Plant Protein Market Worth $7,964 Million by 2027 At A Growth Rate of 5.4% – IndustryARC

Allergies To Plant Protein Meals Are One Of The Factors That May Stymie The Growth Of The Plant Protein Market.

IndustryARC, in its latest report, predicts that The Plant Protein Market size is estimated to reach $7,964 million by 2026, growing at a CAGR of 5.4% over 2021-2026. Plant proteins, particularly globulins, have traditionally been sourced mostly from grain and legume seeds, which are high in protein. Essential amino acids, vegan protein, Soy Protein Isolate, and hydrolyzed wheat protein are all part of this group. Plant-based diets have been shown in studies to help prevent obesity, stroke, and heart disease, reduce cholesterol and arthritis pain, lower blood sugar, and boost energy and mental clarity. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

Key takeaways :

1. In 2020, North America dominated the Plant Protein Market.

2. The presence of large prominent companies in the region, such as Cargill and Archer Daniels Midland Company, is a crucial driver driving the plant protein market during the forecast period 2020-2025, as consumers become more aware of the nutritional benefits of plant protein.

3. Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Plant Protein Market report.

4. However, one of the key challenges limiting the growth of the Plant Protein Market is that even after their employment in pharmaceutical research, lipid-based Nanocarriers have a low compound loading capacity and leakage during storage.

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