Textured Vegetable Protein Market to Reach $2.14 Billion by 2027
Allied Market Research forecasts robust growth in the textured vegetable protein market.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, June 26, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โTextured Vegetable Protein Market by Product Type, Form, and End User: Global Opportunity Analysis and Industry Forecast, 2021โ2027,โ The global textured vegetable protein market size was valued at $987.9 million in 2019, and is projected to reach $2,139.6 million by 2027, registering a CAGR of 9.2% from 2021 to 2027.
๐๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/11520
๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
Textured vegetable protein (TVP) is a plant-based protein that serves as a substitute for animal-based proteins like meat and eggs. The market for TVP is experiencing significant growth, driven by a variety of factors such as the increasing demand for protein-rich foods among health-conscious consumers.
Textured vegetable protein is plant-based protein that acts as a replacement for animal-based protein such as egg, meat, and others. The demand for textured vegetable protein is expected to experience growth due to increase in demand from the health-conscious consumers looking for protein rich food.
๐๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Textured vegetable protein (TVP) is a plant-based protein that serves as a substitute for animal-based proteins like meat and eggs. The market for TVP is experiencing significant growth, driven by a variety of factors such as the increasing demand for protein-rich foods among health-conscious consumers.
๐๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ:
๐. ๐๐๐๐ฅ๐ญ๐ก-๐๐จ๐ง๐ฌ๐๐ข๐จ๐ฎ๐ฌ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ซ๐๐ง๐๐ฌ:
- The increasing awareness of the nutritional benefits of plant-based diets has led to a growing demand for textured vegetable protein.
- Consumers are adopting healthier eating habits and incorporating protein-rich foods into their diets.
๐. ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
- The market is segmented into textured soy protein and other types. Textured soy protein is likely to dominate due to its widespread usage in various plant-based products.
๐. ๐
๐จ๐ซ๐ฆ ๐๐๐ซ๐ข๐๐ญ๐ข๐๐ฌ:
- TVP is available in different forms such as flakes, granules, chunks, etc. The flakes segment is experiencing significant growth, especially in the restaurant industry where it is used as a meat analog in various dishes like burgers and soups.
๐. ๐๐ง๐ ๐๐ฌ๐๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
- The market is categorized based on end users into business-to-business (B2B) and business-to-consumers (B2C).
- B2B is witnessing higher growth, driven by the increasing adoption of textured vegetable protein by restaurants catering to health-conscious consumers.
๐. ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
- Asia-Pacific is emerging as a key region for the textured vegetable protein market. The health and wellness trend in Asia, along with a rising population, is contributing to the growth.
- The region is witnessing a shift towards functional foods, and TVP is gaining traction as a plant-based protein source.
๐ ๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐ฌ! ๐๐ข๐ฆ๐ข๐ญ๐๐ ๐๐ข๐ฆ๐ ๐๐๐๐๐ซ: ๐๐๐ฒ ๐๐๐๐ - ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐ : https://www.alliedmarketresearch.com/checkout-final/b23e7e9e4e5d34411408a91b4898cc53
๐๐
๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The textured vegetable protein market is poised for continued growth as consumers increasingly seek plant-based alternatives. The trend towards healthy eating, combined with the impact of the COVID-19 pandemic, is likely to drive the market forward. Manufacturers and businesses are expected to capitalize on this trend by introducing innovative products and expanding their offerings in the plant-based protein sector.
๐๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
- Archer Daniels Midland Company,
- Bunge Limited,
- Goya Foods, Inc.,
- Gruma, and others.
ยซ ยป ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
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๐๐๐ง๐ช๐ฎ๐ข๐ซ๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A11155
๐๐๐จ๐ฎ๐ญ ๐๐
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Allied Market Research
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