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Okara Market Trends

Report ID: GMI7503
Published Date: Nov 2023
Report Format: PDF

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Okara Market Trends

Food makers and chefs are experimenting with okara's adaptability to develop a variety of plant-based items such as dairy alternatives such as yogurt and cheese, protein-rich meat replacements, and gluten-free baked goods. This trend demonstrates the rising consumer desire for healthful and sustainable food alternatives, as well as okara's potential to play a key part in the expanding market for plant-based and alternative protein products.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of okara reached USD 3.80 billion in 2022 and is poised to cross USD 5.97 billion by 2032, led by the growing trend toward plant-based diets and alternative protein sources.

The bread usage segment accounted for a market value of USD 1.53 billion in 2022, driven by the growing public preference for healthier, plant-based food options.

Asia Pacific market was valued at USD 1.39 billion in 2022, propelled by the increasing adoption of plant-based diets in the region, and increased knowledge of the health advantages associated with plant-derived protein sources.

Meiji Tofu Co., Okumura Engineering Corp., Vitasoy International Holdings, Blue Diamond Growers, Morinaga Nutritional Foods, Inc. are some of the major industry contenders.