Protein Ingredients Market, 2023 – 2032
The protein ingredients market, valued at $44,973.83 million in 2022, is projected to grow at a CAGR of 6.3% over the forecast period. Consumer demand for protein-rich foods and supplements is being propelled by growing awareness of the significance of a healthy diet and the role of protein in maintaining overall health. This trend is further fueled by the increasing popularity of plant-based diets and the rise of flexitarianism, driving a surge in demand for plant-based protein ingredients like soy, pea, and rice protein.