According to price forecasts, the European market for plant proteins is set to grow to around EUR 2.6 billion by 2024.

The main growth drivers are the increasingly flexitarian, vegetarian and vegan diet, cost advantages over animal proteins and a broad-based increase in use in the processed food industry.

Plant-based protein sources provide food manufacturers with good cost control and profitability for their products and offer many applications, including baked goods, confectionery, emulsified meat products, dairy alternatives, functional beverages and breakfast cereals. In addition to soy, other protein sources are becoming increasingly important, especially pea, rice, field bean, mung bean and sunflower.

In addition to a complete amino acid profile, plant protein products also offer a balanced content of micronutrients such as folate, iron, zinc and calcium. The French food market is at the forefront of growth in the use of plant proteins.

With its VARIOPLANT, EUROSOY is a first-class partner to the European food industry, offering not only classic soy proteins but also a whole range of high-quality plant proteins, from peas to mung beans, for all kinds of applications in the food sector.

Source:
https://vegconomist.de/markt-und-trends/marktbericht-europaeischer-markt-fuer-pflanzliche-proteine-zeigt-starke-wachtstumszahlen/