Parabel USA Inc, a producer of plant protein ingredients made from water lentils, announces the launch of neutral-colored water lentil hydrolysate. It is scheduled for commercial production by the end of this year, and the protein ingredient is designed to be an allergen-free substitute for any plant protein used today such as soy or pea.
Hydrolyzed Plant Protein
Hydrolyzed Plant Protein Market Riding the Coat-tails of Veganism Trend
A recent report projects that the hydrolyzed plant protein market is expected to reach approximately US$ 1600 Mn by the end of 2019 in terms of value, and is estimated to reach US$ 2600 Mn by the end of 2029. The global hydrolyzed plant protein market is expected to grow at a CAGR of nearly 5% in terms of value from the estimated year (2019) to the forecast year (2029).
Hydrolyzed Plant Protein Market is Estimated to Reach $2600M by 2029
A report published by Persistence Market Research projects that the hydrolyzed plant protein market is expected to reach approximately US$ 1600 million by the end of 2019 in terms of value, and is estimated to reach US$ 2600 million by the end of 2029, with a CAGR of nearly 5%.