Plant-Based Protein Market Outlook 2021 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2030
The plant-based protein market size is expected to reach US$ 18,191 Mn by the end of 2030. According to a study by Future Market Insights (FMI), titled “Plant-Based Protein Market. Global Industry Analysis 2015-2019 and Opportunity Assessment 2020 – 2030,” the market is expected to expand at a CAGR of 6.0% over the forecast period (2015–2030). According to the report, increasing incidence of health issues such as diabetes, blood pressure, and obesity is encouraging consumers to opt for healthy lifestyle. Therefore, they are more demand for dietary supplements and functional foods that contain plant-based proteins. “Plant-based protein contains a number of health benefits. For instance; soy protein contains lower amounts of saturated fat and cholesterol than meat products. Soy protein is actually a “complete protein,” since it provides amino acids essential to human nutrition, helps to reduce LDL cholesterol and promotes a healthy heart health. Therefore, the demand for plant-bas