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Global textured vegetable protein market size is expected to reach $10.65 Bn by 2028 at a rate of 53.8%, segmented as by product type, textured soy protein, textured wheat protein, textured pea protein, other product types<br>
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Textured Vegetable Protein Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Textured Vegetable Protein Market Segments The Business Research Company segments it’s Textured Vegetable Protein market report as: Textured Soy Protein, Textured Wheat Protein, Textured Pea Protein, Other Product Types By Product Type By Nature Organic, Conventional By Application Food Products, Animal Nutrition/Pet Food
Market Statistics The textured vegetable protein market size has grown strongly in recent years. It will grow from $1.78 billion in 2023 to $1.91 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The textured vegetable protein market size is expected to see exponential growth in the next few years. It will grow to $10.65 billion in 2028 at a compound annual growth rate (CAGR) of 53.8%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The growing demand for plant-based ingredients is expected to propel the growth of the textured vegetable protein market going forward. Trends Product innovation is a key trend in the textured vegetable protein market. • Region North America was the largest region in the textured vegetable protein market in 2023. The regions covered in the textured vegetable protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Market Players • Major players in the Textured Vegetable Protein market are: • Archer Daniels Midland Company • Cargill Incorporated • DuPont de Nemours Inc • Roquette Freres SA • Shandong Yuxin Biotechnology Co. Ltd • And more. Get More Information On The Textured Vegetable Protein Market Report
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