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In February of this year, market research agency SPINS released a report showing that the plant-based market is growing at an annual rate of 29%
Plant-based products are no longer niche products
In June 2020, a survey by the International Food Information Council (IFIC) reported that nearly 70% of consumers believe plant-based protein is the healthiest; 24% said they would be willing to buy more plant-based dairy products
In addition to health and sustainability, the pandemic itself has boosted interest in plant-based products
More market options
Cargill's Plant Protein Advanced Technical Services Specialist recently noted that soy protein remains the dominant plant protein on the market because it is inexpensive and powerful, and is one of the few nutritionally determined proteins based on the Protein Digestibility Corrected Amino Acid Score (PDCAAS).
Nutritionally speaking, pea protein is very high in protein
Currently, the market offers opportunities for more and newer plant-based protein options such as barley protein
Consumer demand upgrade
As plant-based diets become more mainstream, consumers are becoming more discerning about the type of protein, making labeling on packaging even more important
Especially in the broad category of sports nutrition, many brands use plant-based protein ingredients and promote with slogans like "Plant Power Protein
Create opportunities in innovation
Experts point out that despite the popularity of plant-based proteins, consumers still have high expectations for the taste of products
For example, plant-based proteins lack texture and taste due to the lack of milk fat, so merchants often use texturers to add textures that consumers prefer
For beverages with color, texture and taste needs, complementary flavor profiles can be used, such as chocolate, coffee,
(Speech)
"China Food News" (March 29, 2021 06 edition)
(Editor-in-charge: Yang Xiaojing)