Protein Ingredients Market, 2023 – 2032

The protein ingredients market, valued at $44,973.83 million in 2022, is anticipated to grow at a CAGR of 6.3% during the forecast period. Increased awareness regarding the significance of a balanced diet and the essential role of protein in promoting overall health is fueling consumer interest in protein-rich foods and supplements. The growing adoption of plant-based diets and the emergence of flexitarianism have spurred a notable increase in demand for plant-based protein ingredients, including soy, pea, and rice protein.