Plant-based Protein Products
Plant-based Protein Products Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Plant-based Protein Products Market Size and Growth
The plant-based protein products market is experiencing robust growth, driven by rising consumer demand for healthier and sustainable food options. The market size is projected to reach approximately $27 billion by 2025, reflecting a compound annual growth rate (CAGR) of around 11%. This trend highlights increasing interest in alternative protein sources.
Companies Covered
(Covid 19 Impact Covered)
◍ Abbott
◍ Danone
◍ Hain Celestial
◍ Nestle
◍ Reckitt Benckiser Group
The plant-based protein products market is competitive, featuring companies like Abbott, Danone, Hain Celestial, Nestlé, and Reckitt Benckiser. These companies enhance market growth through innovation, diverse product offerings, and strategic marketing. Sales figures include:
- Danone: Approx. $27 billion
- Nestlé: Approx. $92 billion
- Hain Celestial: Approx. $300 million.
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Market Segmentation
By Application
Food
Drinks
Health Care Products
Other
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By Product
Complete Plant Protein
Incomplete Plant Protein
Market Growth
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$ X Billion USD
