Alternative Protein Market Size and Forecast To 2029

A recent report published by Precision Business Insights on Alternative Protein Market provides in-depth analysis of segments and sub-segments in the global as well as regional.


The global alternative protein market size was valued at USD 59.1 billion in 2022 and is poised to grow at a significant CAGR of 15.9% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the alternative protein market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

The global alternative protein market segmentation:
1. By Source: Plant-based (Soy Protein Isolates, Soy Protein Concentrates, Fermented Soy Protein, Duckweed Protein, Wheat Protein, Pea Protein, and Others), Insect- Based, Microbial Based (Bacteria, Yeast, Algae, Fungi and Others), and Others.
2. By Application: Food beverage (Meat analogs, Bakery, Dairy alternatives, Cereals Snacks, Beverages, and Others) Animal Feed (Poultry (Broiler, Layer, and Turkey) Swine (Starter, Grower, and Sow) Cattle (Dairy and Calf) Aquaculture (Salmon, Trout’s, Shrimps and Carp), Pet food, Equine and Others.

The alternative protein market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The alternative protein market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the largest region in the alternative protein market report, accounting for the highest share in 2021. It was followed by North America, and then the other regions.

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The important profiles and strategies adopted by alternative protein market key players are Cargill Incorporated Archer Daniels Midland Dupont Danisco Kerry Group DSM Axiom Foods Ingredion Incorporated Innovafeed Hamlet Protein AB Mauri Calysta Inc Angel Yeast, covered here to help them in strengthening their place in the market.

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