Vegan diet lifestyle increases alternative protein market growth
The global alternative protein market is expected to reach $36.61 billion by 2029 at a CAGR of 12.4% during the forecast period of 2022-2029.
This market is driven by the growing population and awareness about the benefits of alternative proteins, increasing number of venture investments in alternative protein companies, high nutritional value of edible insects and environmental sustainability benefits offered by alternative proteins.