Textured Vegetable Proteins Market to be Worth $5.07 Billion by 2030
Meticulous Research ® —a leading global market research company, published a research report titled , ‘ Textured Vegetable Proteins Market by Type (Soy, Wheat, Pea), Nature (Inorganic, Organic), Form (Chunks, Slices, Flakes, Granules), Application (Meat Alternatives, Snacks Foods, Bakery, Animal Feed) - Global Forecast to 2030 .’ According to this latest publication from Meticulous Research ® , the textured vegetable proteins market is expected to record a CAGR of 10.5% from 2023 to 2030 to reach $5.07 billion by 2030. The growth of this market is attributed to increased demand for processed & convenience foods, the growing popularity of meat alternatives, rising awareness about the health benefits of plant-based proteins, and growth and investments in the plant-based food sector. Additionally, increasing intolerance for animal proteins and emerging economies offer significant growth opportunities for textured vegetable protein vendors. However, the availability ...