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ALTERNATIVE PROTEIN MARKET Size and trends

Alternative Protein Market, By Source (Plant-Based Proteins, Insect-Based Proteins, Microbial Fermentation based, Cell-Based Proteins, Others), By Form (Dry and Liquid), By Application (Food & Beverages, Infant Formulations, Clinical Nutrition, Animal Feed, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Feb 2025
  • Code : CMI7479
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Alternative Protein Market Size and Trends

Alternative protein market is estimated to be valued at USD 17.66 Bn in 2025 and is expected to reach USD 29.12 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2025 to 2032.

Alternative Protein Market Key Factors

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The factors driving the market growth include rising meat consumption worldwide, growing demand for plant-based and healthier food options, and animal welfare concerns. The trend seen in this market indicates a steady rise in demand for plant-based meat, dairy, and egg alternatives. Most of the plant-based proteins such as soy, wheat and pea are being used to develop alternative meat products like burgers, sausages, and nuggets that resemble animal-based meat in terms of taste, texture and mouthfeel.

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