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The braze alloys market is expected to grow at a CAGR of 7.25% to reach a market size of US$6,538.719 million in 2027, up from US$4,004.749 million in 2020. The market is propelled to grow in the forecast period owing to the growing number of brazing applications in various high-end industries such as aerospace and defense One of the key factors driving the growth of the worldwide braze alloys market during the forecast period is the expanding aerospace and military sector. F
The France rice protein market is projected to grow at a CAGR of 16.91% to reach US$15.348 million by 2027. The market was valued at US$5.142 million in 2020. A vegetarian protein isolate and a widely recognized alternative to whey and soy protein isolates, rice protein is one of the prominent plant protein sources that find its application in a variety of fields. One of the prime drivers of this market is the exponential adoption of a vegan lifestyle and vegetarian dietary p
German rice protein market is projected to grow at a CAGR of 11.28% to reach US$20.019 million by 2027, from US$9.476 million in 2020. Rice protein is one of the many plant-based proteins that are used in conjunction with other plant-based proteins like those derived from peas and soy. It finds its application in a variety of fields that are, inclusive but not limited to, health drinks and fitness supplements, bakery and confectionery products, as well as functional beverages
Canada probiotics market is expected to grow at a compound annual growth rate of 10.68% over the forecast period to reach a market size of US$1.995 billion in 2027, up from US$0.980 billion in 2020. Canada has a population of about 37 million people, and 90 percent of Canadians live within 100 miles of the US border Canada provides strong financial markets and a highly developed logistics network that support daily two-way trading in food and agricultural products valued at $
The Israel fresh food packaging market is projected to grow at a CAGR of 3.73% to reach US$249.732 million by 2027, from US$193.301 million in 2020. The high vegan population base is the major driver of fresh food packaging in the country. According to data from the Berman Jewish DataBank, the Jewish Federations of North America, Israel is home to around 44% of the world’s total Jewish population, which is adding significantly to the size of the vegan population in the
The Australian baby care products market is estimated to grow at a CAGR of 6.62% to achieve a market size of US$4,441.778 million by 2027, from US$2,836.289 million in 2020. The market in Australia is projected to surge at a steady pace with the growing expansion of retail sales for baby care products. The growing e-commerce industry has further had a positive impact on the sales of baby care products online. H
The Spanish plant protein market is projected to grow at a CAGR of 3.92%, from US$73.798 million in 2020 to US$96.572 million in 2027. Traditional cookery in Spain has been a constant source of nutrition for its population. Given its close proximity to the sea, it also derives its protein from seafood. However, a rapid pace of urbanization and industrialization has led to the severance of traditional cookery. Also, the new wave of veganism and environmental consciou
The UK plant protein market is projected to grow at a CAGR of 6.90%, from US$288.020 million in 2020 to US$459.505 million in 2027. Due to the growing shift from an animal-based diet, British consumers are increasingly looking out for sources of protein that are derived from plants, thus fueling the UK plant protein market growth. Moreover, there’s a growing prevalence of allergies that stems from the consu
The U.S. plant protein market is projected to grow at a CAGR of 9.03%, from US$3,388.012 million in 2020 to US$6,206.301 million in 2027. There is rising awareness among people regarding the ill effects associated with the excess consumption of red meat such as beef and pork on health, as it holds the potential to lead to the accumulation of high levels of cholesterol in the body due to its saturated fat content.
The South American plant protein market is projected to grow at a CAGR of 9.04%, from US$516.352 million in 2020 to US$946.140 million in 2027. Rising preference for plant-based protein products The preference of individuals is shifting increasingly towards plant protein-rich foods and premium protein products, which is being facilitated by the rising aw
The South Korean plant protein market is projected to grow at a CAGR of 4.63%, from US$25.495 million in 2020 to US$35.003 million in 2027. Increased vegan population in the country Recent environmental-friendly trends are tipping the scales of food consumption towards healthier options, and people are embracing meat alternatives to fulfill their daily protein
The Nigerian plant protein market is projected to grow at a CAGR of 6.78%, from US$20.367 million in 2020 to US$32.239 million in 2027. According to the National Library of Medicine (NLM), 65 percent of the human population has a reduced ability to digest lactose after infancy. Lactose intolerance is also very common in people of West African descent among others. This is one of the aspects that is poised to driv