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NEW YORK, Aug. 4, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 6.04 billion is expected in the plant-based protein products market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the plant-based protein products market in optimistic, probable, and pessimistic forecast scenarios.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
Attractive Opportunities with Plant Based Protein Products Market by Product and Geography - Forecast and Analysis 2021-2025
Factors such as the expanding global vegan population base and the growing prominence of private label brands will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The plant-based protein products market is fragmented, and the degree of fragmentation will accelerate during the forecast period.