Textured Vegetable Protein Market worth 6.1% CAGR by 2028
Bengaluru, July – Textured vegetable proteins are products which have been modified into meat-like from a flour-type material. The outcome of the textured vegetable protein product offers the chewiness and fibrous character. These protein products are primarily consumed as the alternative for meat and it is rich in nutrients, minerals, vitamins and antioxidants.
The food industry is continuously innovating to meet the demands of changing consumer preferences. Food manufacturers are incorporating Textured Vegetable Protein into their products to create healthier, plant-based alternatives that appeal to a broader customer base. Thus, the innovations in the food industry are majorly driving the market growth.
Further, the increasing awareness of the health benefits of plant-based diets is driving the demand for textured vegetable protein. Opportunities lie in marketing textured vegetable protein as a high-protein, low-fat, and cholesterol-free alternative to meat products, appealing to health-conscious consumers. Moreover, collaborating with food manufacturers and restaurant chains to incorporate textured vegetable protein into their products can create new market opportunities. By providing an easy-to-use, versatile meat substitute, textured vegetable protein can help companies cater to the growing demand for plant-based options.
The Textured Vegetable Protein Market research report titled as “Textured Vegetable Protein Market by Source, Type, Application and Geography – Forecast to 2028”
Archer-Daniels-Midland Company, Cargill Inc., Axiom foods, inc., Mgp ingredients, Foodchem International Corporation are the few leading market vendors of the textured vegetable protein market.
As North America is considered to be the leading region in the textured vegetable protein market share but on the other hand, Asia Pacific is witnessing a major growth in the market. This is due to the presence of countries with major vegan consumers such as India and the primary sector is agriculture in this region which is majorly supporting the growth of the textured vegetable protein market.
The report consists of —- Tables 104 and 64 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name and detailed TOC.
Textured Vegetable Protein Market by Source:
- Soy
- Pea
- Wheat
Textured Vegetable Protein Market by Type:
- Slices
- Flakes
- Chunks
- Granules
Textured Vegetable Protein Market by Application:
- Meat alternatives
- Cereals & snacks
- Other applications
Textured Vegetable Protein Market by Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
About IHR Insights:
We are Market Research and Consulting firm, Offers Market Intelligence, Custom Market Research, Consulting, Go-To-Market and Content Development Services. Consulting Services Includes Market Entry Strategy, Opportunity Assessment, Competition Tracking, Technology Mapping, Sentiment Analysis, Brand Reputation Management. We work on full time engagement model with clients supporting their market intelligence needs across various departments at global level. We work as a partner and provide continues support to the organizations from basic secondary research to strategic inputs in business planning and expansion.
For further inquiries or media contact:
Marketing & Communications
IHR Insights
inquiry@ihrinsights.comTextured Vegetable Protein Market