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 products, EUROSOY is a first-class partner for the European food industry and offers a whole range of high-quality plant proteins, from pea to mung bean, for any application in the food sector in addition to the classic soy proteins.

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