Anticipated Rise: Plant-based Protein Processing Equipment Market Envisioned to Reach $1.68 Billion
According to this latest publication from Meticulous Research®, the global plant-based protein processing equipment market is projected to reach $1.68 billion by 2029, at a CAGR of 4.2% from 2022 to 2029.
This growth is driven by factors such as the need for increased productivity, cost-saving efforts by plant-protein manufacturers, heightened investments in the plant-based protein industry, and the growing incorporation of plant protein in various food and beverage products. Emerging markets like Asia, Latin America, and Africa, along with the expanding plant-based food market, present promising opportunities for industry stakeholders.