Plant Based Protein Trends. The report on Plant-Based Protein Products Market by Future Market Analytics consists of the Plant-Based Protein Products Market trends like automation of irrigational techniques the huge demand for organic foods etc. The plant-based protein supplement market is expected to reach 145 billion by 2025 from 103 billion in 2020 growing at a CAGR of 71.
While plant-based burgers led the charge in. The global plant-based milk market was valued at 169bn in 2020 growing 4 across retail over the year. As food companies look for ways to keep pace with the rapidly expanding and evolving market ADM has identified key trends that will drive innovation and growth in the plant-based protein space in 2020 and beyond.
More specifically interest in plant-based protein as an alternative to conventional animal-derived meat and dairy is on the rise.
According to the report by FutureBridge mung bean is one of the most promising plant proteins on the rise as it. That has the capability of transforming the market augmentation scenario. Based on application the market is segmented into food and beverage animal feed supplements and other applications. As food companies look for ways to keep pace with the rapidly expanding and evolving market ADM has identified key trends that will drive innovation and growth in the plant-based protein space in 2020 and beyond.