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Harshal J posted an update
Alternative Protein Trends to watch in 2022
Alternative Protein Market is majorly driven by factors such as growing urbanization, growing venture investments in alternative protein companies, innovation in food technology, high nutritional value of edible insects, and environmental sustainability with production & consumption of alternative protein. Moreover, new product launches and increasing inclination towards a vegan diet further support this market’s growth. However, the high cost of alternative proteins and significant preference for animal-based products hinders this market’s growth to some extent. On the other hand, increasing soy-free and gluten-free trend poses a challenge to the global alternative proteins market.
Alternative Protein Market by Stage/Type (Emerging Alternative Protein, Adolescent Alternative Protein, Matured Alternative Protein), Application (Plant-Based Products, Insect-Based Products, Microbial Products) – Global Forecast to 2027