Protein Ingredients Market, 2023 – 2032

The protein ingredients market, valued at $44,973.83 million in 2022, is projected to grow at a CAGR of 6.3% over the forecast period. A heightened awareness of the significance of a balanced diet and the pivotal role of protein in sustaining overall health is propelling consumer interest in protein-rich foods and supplements. This trend is further fueled by the growing popularity of plant-based diets and the emergence of flexitarianism, resulting in an increased demand for plant-based protein ingredients like soy, pea, and rice protein.