Market Trends of Japan Plant Protein Industry
This section covers the major market trends shaping the Japan Plant Protein Market according to our research experts:
Largest Segment By End User : <span style="font-family: 'regular_bold';color:#0e7db3;">Food and Beverages</span>
- Among end-use segments, the food and beverages segment highly dominated the market, accounting for a 51.7% share, by volume, in 2020. It was closely followed by the animal feed segment, which held a 46.6% market share, by volume, in 2020.
- The increasing need for natural protein ingredients in the region is boosting the use of plant protein ingredients, such as soy proteins, wheat proteins, which account for the most significant share in the Japanese plant protein market. It has also been scientifically proven that plant proteins, such as soy and pea, have immense functionalities that reduce the effect of cardio vascular diseases, propelling their acceptance in the country.
- The immense applications and diverse functionalities are boosting their use and driving manufacturers to increase their use of various plant proteins. In the personal care segment, hydrolyzed plant proteins have immense applications.
Understand The Key Trends Shaping This Market
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