Meat Alternatives to Drive the Total Incremental Volume of Protein Ingredients to 860kt by 2027
According to research by Swiss company Giract, the total global incremental volume of protein ingredients is projected to reach 860kt over the forecast period 2022-2027, with meat alternatives accounting for the largest proportion of growth. The research finds that ingredients that can replicate the sensory properties of meat and are compatible with the technical requirements of processing are becoming increasingly available. This is encouraging manufacturers to produce more meat alternatives, which in turn is increasing consumer demand. Soy protein remains popular due to the availability of affordable non-branded options and its production scalability. Pea protein is also rapidly gaining interest due to its nutritional and functional advantages; however, some manufacturers have struggled to reformulate their recipes to use pea instead of soy. Fava bean protein …
