Food Technology Magazine | Applied Science
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Once a substitute, now a star, plant-based protein ingredients are powering a multibillion-dollar global market.Even as sales have declined slightly in the $8.1 billion market for U.S. retail plant-based foods, according to SPINS data, the global hunger for plant-based protein ingredients in both vegetarian and non-vegetarian products continues to grow.With a projected compound annual growth rate of 8.5%, the worldwide $20.3 billion plant-based protein ingredients market will hit $46 billion by …