The global plant-based protein market is expected to witness strong growth in the market during the forecast period due to the increasing vegan population, coupled with growing awareness related to the benefits of protein. Moreover, the major factors contributing to the growth of the plant-based protein market size include rapid urbanization, growing disposable income, rising demand for protein-rich diet, increasing concern related to animal-based products, and changing consumption of consumers globally. Growing usage of soy protein in the food industry and the rising health and wellness sector will fuel the global plant-based protein market growth.
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