business / news / / PR Newswire UK
The global plant-based protein market is entering a high-growth phase, driven by increasing demand for functional, application-ready protein systems.
The plant-based protein market is projected to reach USD 49.9 billion by 2036 at 8.5% CAGR.
KEY POINTS
- Engineered, application-ready protein systems are rapidly replacing standalone protein ingredients in new product development.
- Procurement is shifting toward long-term supply agreements and multi-origin sourcing due to Europe's protein deficit.
- Soy protein leads with a 36.4% market share, while isolates dominate form segments at 41.2%.
- Suppliers investing in sensory optimization and application-tailored protein blends are gaining competitive advantage.
COMPANIES
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