The France plant protein market is expected to grow from USD 346.18 million in 2024 at a CAGR of 4.87% over the next five years.
The France plant protein market is fragmented, with the presence of both international and domestic players. The major players in this market are Archer Daniels Midland Company, DuPont de Nemours Inc., Ingredion Incorporated, Kerry Group PLC, and Lantmännen. Key Plant Protein market players are investing in R&D and entering into mergers and acquisitions to enhance their product portfolios. Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy among all, as it helps in understanding the changing needs of the consumers in the market. For instance, in April 2021, Ingredion Inc. launched two new ingredients under its plant-based pea protein segment. It launched Vitessense Pulse 1853 Pea Protein Isolate and Purity P 1002 Pea Starch, which are 100% sustainably sourced from North American farms.
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