Protein Ingredients Market Worth $85.5 Billion By 2028 | CAGR: 10.5%
Protein Ingredients Industry Overview The global protein ingredients market size is expected to reach USD 85.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.5% from 2021 to 2028. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients. Protein Ingredients Market Segmentation Grand View Research has segmented the global protein ingredients market on the basis of product, application, and region: Based on the Product Insights, the market is segmented into Plant Proteins, Animal/Dairy Proteins, Microbe-based Proteins, Insect Protein. Animal-based proteins led the market and accounted for more than 70.0% share of the glob...