The reports analyze the consumer, climate change and technology trends to identify what will drive the future of protein. The report highlights the potential growth of this market as it could reach $290 billion by 2035, making it 11% of the global protein market. Among the benefits of using alternative proteins in everyday cooking are the cost savings, taste and texture, and environmental impact. By 2035, they will replace animal protein in 90% of our favorite dishes.
The protein industry is growing rapidly, with growth projected every year. The report predicting the growth of this market, which will reach $290 billion in 2035. The report also finds that the price of plant-based proteins will eventually reach parity with those of animal products. In addition, the market is becoming more affordable, making them a good investment for consumers.
This report is an essential read for anyone interested in the future of protein. It outlines the current market status and future opportunities for plant-based proteins. The study shows that by 2035, the market for alternative proteins could reach $290 billion. Further, the report shows that if the cost of plant-based protein becomes cost-comparable to animal-based protein, it could become a lucrative market. The authors of Food for Thought: The Global Protein Industry
As consumers demand plant-based protein, the market for alternative proteins is poised for growth. The authors of the report predict that the market for alternative proteins will be worth $290 billion by 2035. Furthermore, they estimate that the market will become the equivalent of animal-based proteins in terms of price and accessibility. By that time, consumers will have greater access to these products. This is good news for the future of food!
The growth of the alternative protein market will continue to increase, fueled by cost-comparability with animal-based products. The market will be a $290 billion industry by 2035. In addition to the growing market, the report also says that the production of alternative proteins will increase. This is good news for consumers as it means more plant-based alternatives will be more affordable for more people.
While this market is a niche market, it is becoming increasingly accessible. By 2035, the market for alternative proteins could be worth $290 billion. The findings support the growth of the alternative protein industry. The report projects that the market will grow to ten percent of its current size by 2035 – equivalent to the current market for animal protein. Ultimately, this could be good news for consumers who want to make better choices for their health and for the environment.
The research shows that plant-based proteins will be more readily available and affordable in 2035. It is also a major ESG opportunity. According to the report, the market will grow from 13 million metric tons per year to 97 million metric tons of alternative proteins annually by 2035. The study notes that the cost of plant-based foods is now at par with animal-based products. Ultimately, this will help make alternative proteins more widely available.
In addition to being more affordable, plant-based food is becoming more accessible. By 2035, the study projects that the market for alternative proteins will be nearly $290 billion. When cost parity is achieved, the market will increase significantly, which will be good for consumers. The research has a number of implications for investors.
The market for plant-based proteins could hit $290 billion by 2035. It would take a decade to achieve price parity with animal-based proteins. If that happens, alternative protein products will dominate the global market. This growth will be driven by Asia-Pacific markets and European countries. The researchers estimate that the global market for plant-based protein could reach 97 million metric tons by 2035. If this occurs, the plant-based protein industry will grow by 50%.