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Plant-based Protein Market

Report Code FB 7358
Published in Jun, 2025, By MarketsandMarkets™
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Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola, Rice, Oats, Potato, Faba Bean), Type (Concentrates, Isolates, Textured, Milled Protein Flours, Starch-rich Protein Flours), Application, Nature, Form, Function, and Region - Global Forecast to 2030

Overview

The plant-based protein market is estimated at USD 23.89 billion in 2025 and is projected to reach USD 34.97 billion by 2030, at a CAGR of 7.9%. The plant-based protein market has experienced significant growth as consumers seek alternatives to traditional animal-derived protein sources. Concerns about health, ethics, environmental awareness, and personal dietary preferences drive this trend. Many individuals are opting for plant-based protein products due to allergies, dietary restrictions, or a preference for a healthier lifestyle. Diversifying protein sources from traditional sources to novel plant-based protein ingredients such as beans & seeds, chickpeas, and others also drives the market. Growing emphasis on clean label & naturally derived products, adoption of minimally processed ingredients, and consumer concern about ultra-processed food products are also contributing to the growth of the plant-based protein market.

There has been a notable surge in global pulse production in recent years, largely fueled by increasing consumer awareness of their health benefits, sustainability, and culinary versatility. Pea protein sources have emerged as a significant player in this landscape. Pea protein, derived from yellow peas, has garnered attention as a desirable alternative to animal-based proteins due to its high protein content, hypoallergenic nature, and environmental sustainability. Additionally, the sustainability aspect of pea protein production has garnered attention in the market.

Plant-based Protein Market

Attractive Opportunities in the Plant-based Protein Market

ASIA PACIFIC

Market growth in Asia Pacific can be attributed to the growing acceptance of healthier ingredients in food & beverage industry.

Collaborations among ingredient suppliers, food-tech startups, and F&B giants are fostering the co-development of customized plant-based solutions, fueling market expansion.

The increase in disposable income and awareness of nutrition is driving consumers, particularly in emerging economies, towards high-protein options such as soy, pea, and wheat.

Consumer demand for clean-label and allergen-free food products is accelerating the uptake of plant-based proteins, particularly among health-conscious and vegan consumers.

Rapid innovation in food processing technologies has enabled better texturization and functionality of plant-based proteins, enhancing their use in a wide range of food and feed applications.

Global Plant-based Protein Market Dynamics

Driver: Growing interest in health-centric food and beverages

Changing consumer preferences are driving the growth of the plant-based protein market, with a significant portion of the millennial population in Western countries shifting toward healthier dietary choices. The trend toward organic and plant-based food products is on the rise, driven by their perceived health benefits, particularly for digestive health and preventing obesity and chronic diseases.

According to data from the Plant-based Foods Association (PBFA), the retail sales of plant-based alternative food and beverages in the US, designed to replace traditional meat, dairy, eggs, and seafood products, reached USD 8.1 billion in 2023, marking a 6% increase. This demand has prompted US retailers to expand their shelf space to accommodate the increasing consumer demand for plant-based food and beverages. Consumers worldwide are increasingly focused on clean-label products and want to know the ingredients in their food before consuming it. Initially motivated by health-conscious choices, clean eating has become a mainstream trend promoting whole, unprocessed food products. Consequently, there is a rising demand for various protein sources, mainly organic plant-based protein.

In response to the shifting consumer preferences and demands, food and beverage manufacturers are actively reevaluating the ingredients in their products and innovating new plant-based food and beverage options. This evolving consumer landscape drives the plant-based protein market.

Restraint: Allergies associated with plant-based protein sources

Plant-based foods and beverages have functional health benefits, contain essential minerals, and trigger various allergies. For instance, soybeans are rich in nutrient content, such as vitamins, minerals, and proteins; however, the anti-nutritional components present in soy could cause allergies. According to the Cleveland Clinic, soy is one of the “Big Eight” allergens, along with cow’s milk, eggs, peanuts, tree nuts, wheat, fish, and shellfish, contributing about 90% of all food allergies. A soy allergy occurs when the human immune system mistakes the harmless proteins found in soy as harmful and produces antibodies to combat them. Soy protein contains high levels of phytic acid, which can hinder the absorption of essential minerals like calcium, magnesium, copper, iron, and zinc. Additionally, soy allergy may cause itching, hives, bloating, diarrhea, nausea, and abdominal pain.

Wheat gluten protein causes a range of adverse reactions, including allergies, coeliac disease, and non-coeliac gluten sensitivity in humans. The inflammation and destruction of the inner lining of the small intestines caused by celiac disease are caused by an allergic reaction to gluten in the diet. Therefore, allergies caused by a few plant-based ingredient sources are projected to restrain the global plant-based protein market during the forecast period.

 

Opportunity: Effective marketing strategies and appropriate positioning of plant-based proteins

Effective marketing strategies and precise positioning are pivotal for driving the sales and growth of plant-based protein products. By utilizing diversified and targeted marketing strategies, businesses can generate demand among various consumer groups, including health-focused individuals, athletes, fitness enthusiasts, vegetarians, vegans, and those pursuing sustainable and eco-friendly dietary choices. The strategic positioning of plant-based protein products within the market is equally essential as it identifies the most suitable sales channels to reach the target audience effectively.

Establishing a strong presence and expanding customer relationships are vital strategies for sustaining growth. Companies need a global reach to tap into a wider consumer base. Precise product positioning, reinforced by accurate and informative labeling, can greatly expedite market expansion and consumer adoption.

In regions like North America and Europe, there is a pronounced emphasis on labeling and transparency within the plant-based protein & flour market. This trend indicates the increasing consumer demand for information about the products they consume and the desire for eco-friendly and sustainable choices. The Asia Pacific region is anticipated to follow suit, as heightened awareness of dietary choices, health considerations, and sustainability drives market growth.

Companies that effectively leverage marketing and strategic positioning will be well-positioned to meet the growing demand for plant-based protein products across diverse consumer segments. For instance, in October 2024, the Plant Based Foods Association (PBFA) launched its first industry-wide vegan ad campaign, Plant-Based May Cause, during Climate Week NYC. Backed by top brands like Beyond Meat (US), Impossible Foods Inc. (California), and Kraft Heinz NotCo (US), the quirky, satirical campaign aimed to reshape perceptions of plant-based food.

Challenge: Concerns related to taste and texture of plant-based proteins

Consumers demand high-quality products offering consistent taste and texture, driven by the growing awareness of health and environmental concerns. As a result, they seek more nutritious, clean-label, and sustainable options. While plant-based protein presents numerous advantages, one of the primary hurdles in its adoption is achieving a satisfying taste and texture in the final product. For instance, in the plant-based meat segment, it is difficult to achieve the desired juiciness and fibrous texture of meat, making it less appealing. Similarly, dairy alternative products face challenges in achieving the creamy, thick texture and uniformity of traditional dairy products.

Moreover, when working with plant-based protein ingredients, formulators commonly encounter unsatisfactory taste and mouthfeel issues. Plant-based proteins present specific challenges, particularly in terms of water solubility. This is crucial for dairy alternatives, beverages, sauces, and soups, where higher water content is needed. Even in low water content products, some plant proteins can cause dryness, negatively impacting mouthfeel and the overall sensory experience. As the demand for plant-based options grows, addressing these solubility and textural issues is essential. Modifying protein processing or blending with functional ingredients may help enhance solubility and reduce dryness in formulations.

Global Plant-based Protein Market Ecosystem Analysis

The market map of the ecosystem is categorized into demand-side and supply-side companies. The plant-based protein market is a dynamic and rapidly expanding ecosystem characterized by diverse stakeholders and innovative products. Established companies and agile startups are central to this market, and they develop alternatives to meat, dairy, and eggs using plant-derived proteins such as soy, peas, rice, faba beans, and hemp.

Kellogg’s, Beyond Meat, and Impossible Foods spearhead product innovation and market penetration, while numerous smaller enterprises enhance the competitive landscape. The ecosystem includes ingredient suppliers, biotechnology firms specializing in protein extraction and enhancement, food manufacturers, and distribution channels encompassing retail and food service sectors.

Top Companies in Plant-based Protein Market

Note: The above diagram only shows the representation of the Plant-based Protein Market ecosystem; it is not limited to the companies represented above.
Source: Secondary Research and MarketsandMarkets Analysis

 

Pea protein source segment is projected to grow at a significant rate during the forecast period

Pea protein is highly valued in the plant-based protein market for its balanced nutrient profile and growing demand for allergen-free products. It is rich in essential amino acids, particularly branched-chain amino acids (BCAAs), which support muscle growth and repair, providing a significant demand in the performance nutrition application. Being hypoallergenic, pea protein suits those with soy, gluten, or lactose intolerances. Its good digestibility and neutral flavor make it versatile for use in shakes, bars, and meat alternative products. As interest in clean-label and non-GMO ingredients rises, pea protein’s minimally processed quality appeals to health-conscious and environmentally aware consumers.

Additionally, pea protein powder is popularly used to manufacture protein shakes, smoothies, and energy drinks to increase their protein content. It is an excellent fit for almost any diet since it is hypoallergenic. It is a great source of iron and high-quality protein. It also helps muscle growth, weight loss, and heart health. The protein from peas, mainly yellow peas, has also been shown to lower cholesterol and blood pressure and is gentle on the kidneys. All these benefits of pea proteins are expected to drive the growth.

Protein isolate type is expected to hold significant share in the plant-based protein market

Protein isolates are a highly purified form of protein powder. They are known for their exceptionally high protein content, around 90%. This purity comes at a higher cost than other plant-based protein options. Plant protein isolates are favored for their excellent digestibility and versatility in various food products. They are typically produced from the de-oiled cake of legumes such as soy and peas and are considered one of the safest protein sources, suitable even for infant foods. Due to their high protein concentration, the plant-based protein shows promising growth potential for isolates. This characteristic makes isolates ideal for use in nutrition and functional foods such as snacks, cereals, beverages, and plant-based meat alternatives.

In July 2023, Burcon (Canada) launched a hempseed protein isolate designed to enhance the nutritional profile of snacks, food, and beverages high in protein. The rising interest in plant protein isolates among consumers prompted the company’s strategic move. Similarly, in February 2024, Louis Dreyfus Company (LDC) (Netherlands) announced the construction of a new pea protein isolate production plant in Yorkton, Saskatchewan, Canada. It is expected to be operational by the end of 2025. This facility is part of LDC’s strategic efforts to address the growing demand for sustainable, plant-based protein alternatives. It is expected to produce highly functional, taste-neutral, and nutritious ingredients, ideal for dairy alternatives and high-protein nutrition solutions.

As the demand for protein isolates rises, companies increasingly invest in facilities to meet this need. LDC’s new plant underscores its commitment to expanding its capacity and delivering high-quality plant-based proteins to the market.

Asia Pacific region is projected to grow at a significant rate during forecast period

Farming is a crucial part of the rural economy in many parts of Asia and the Pacific, accounting for 29% of GDP and 65% of all employment. However, agricultural systems in the Asia Pacific are facing challenges from climate change and other threats like increased energy costs. To promote sustainable food production, sustainable food value chains need to be developed that offer innovative pathways. The food industry in the region has been impacted by significant population growth, fast-changing consumer requirements, and climate change. These factors have affected every aspect of the food industry, from early-life nutrition to chronic disease awareness.

The Asia Pacific plant-based protein market is growing rapidly due to increased health awareness, a rising vegetarian and vegan population, and consumer spending on premium products. Dominated by China, India, Japan, and Australia, consumers opt for clean-label, nature-based ingredients in their healthy diets. Additionally, the perceived benefits of the health environment and religious considerations significantly contribute to adopting vegan and vegetarian diets in these regions. The rising health concerns in Asia have also led people to reduce their meat intake and add plant-based foods and proteins.

Furthermore, the easy availability of raw materials has resulted in the emergence of localized manufacturers and processing units in the region, aiding multiple companies in establishing their presence in the region for a primarily export-oriented market.

HIGHEST CAGR MARKET FOR 2025–2030
JAPAN: FASTEST-GROWING MARKET IN THE REGION
Plant-based Protein Market by region

Recent Developments of Plant-based Protein Market

  • In November 2024, Ingredion Incorporated (US) and Lantmännen formed a strategic partnership to advance plant-based proteins, focusing on sustainably sourced yellow pea protein isolates. Lantmännen will invest over USD 108.2 million (€100 million) in a new Swedish facility, while Ingredion brings expertise in product development and market access, targeting Europe’s fast-growing alternative protein sector.
  • In November 2024, Burcon (Canada) partnered with Puratos to develop innovative canola protein applications for the bakery and patisserie sectors. Leveraging Burcon’s Puratein canola protein and Puratos’s global R&D expertise, the collaboration aims to deliver healthier, sustainable, and cost-effective alternatives to traditional ingredients such as eggs.
  • In November 2024, BENEO (Germany) showcased scalable plant-based and hybrid solutions using texturates from meatless and faba bean protein concentrates at Fi Europe to accelerate product development. By covering ingredient formulation to final products, BENEO helps manufacturers reduce costs and time-to-market while maintaining quality, taste, and texture for evolving consumer preferences.
  • In February 2024, Roquette Frères (France) expanded its NURRALYS plant protein portfolio by introducing four new pea protein ingredients, including isolates, hydrolysates, and textured variants. These multi-functional pea proteins are designed to address formulation challenges in plant-based foods and high-protein nutritional products, offering opportunities for innovation in applications such as nutritional bars, protein drinks, and plant-based meat and dairy alternatives.

Key Market Players

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Scope of the Report

Report Attribute Details
Market size available for years 2021–2030
Base year considered 2024
Forecast period 2025–2030
Forecast units Value (USD Million) and Volume (KT)
Segments Covered By source, type, application, nature, form, function (qualitative), and region
Regions covered North America, Europe, Asia Pacific, South America, and Rest of the World (RoW)

Key Questions Addressed by the Report

What is the projected size of the plant-based protein market?

The plant-based protein market was valued at USD 22.29 billion in 2024 and is projected to reach USD 34.97 billion by 2030, at a CAGR of 7.9% from 2025 to 2030.

Which are the key players in the plant-based protein market, and how intense is the competition?

Key players include Cargill, Incorporated (US), ADM (US), Kerry Group PLC (Ireland), International Flavors & Fragrances Inc. (US), Ingredion Incorporated (US), Wilmar International Ltd. (Singapore), Roquette Frères (France), Glanbia PLC (Ireland), DSM-Firmenich (Switzerland), AGT Food and Ingredients (Canada), Tate & Lyle (UK), Burcon (Canada), Emsland Group (Germany), PURIS (US), and COSUCRA (Belgium). The market competition is intense, with continuous R&D investments, mergers, acquisitions, and innovations in encapsulation technologies.

What are the growth prospects for the plant-based protein market in the next five years?

The plant-based protein market is expected to grow robustly over the next five years, driven by the global shift toward healthier lifestyles and the rising vegan and vegetarian populations.

What kind of information is provided in the company profiles section?

The company profiles offer valuable information, such as a comprehensive business overview, including details on the company’s various business segments, financial performance, geographical reach, revenue composition, and the breakdown of their business revenue. Additionally, these profiles offer insights into the company’s product offerings, significant milestones, and expert analyst perspectives to further explain the company’s potential.

How is the Asia Pacific region contributing to market growth?

The Asia Pacific region is becoming a key growth driver for the plant-based protein market, driven by rising health awareness, urbanization, and increasing disposable incomes. Consumers in China, India, Japan, and Southeast Asian countries are adopting plant-based diets for cultural, environmental, and health reasons, particularly among younger urban populations. Government initiatives promoting wellness and a rise in lifestyle-related health issues are boosting demand. Moreover, the growth of e-commerce and mobile health platforms improves product accessibility, allowing more consumers to explore plant-based options.

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
30
RESEARCH METHODOLOGY
36
EXECUTIVE SUMMARY
46
PREMIUM INSIGHTS
51
MARKET OVERVIEW
57
  • 5.1 INTRODUCTION
  • 5.2 MACROECONOMIC INDICATORS
    GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS AND BOOST IN INNOVATION
    INCREASE IN SOYBEAN PRODUCTION
    CONSUMER SHIFT TOWARD PLANT-BASED NUTRITION
  • 5.3 MARKET DYNAMICS
    DRIVERS
    - Growing interest in health-centric food and beverages
    - Growth in consumer preferences toward veganism
    - Rise in cases of lactose intolerance
    - Increased preference for meat alternatives
    - Innovation and developments related to plant-based protein to augment vegan trend
    RESTRAINTS
    - Allergies associated with plant-based protein sources
    - Nutritional and vitamin deficiencies among vegans
    OPPORTUNITIES
    - Focus on aquatic plants as new and emerging sources of protein
    - Effective marketing strategies and correct positioning of plant-based proteins
    - Lifestyle changes
    CHALLENGES
    - Concerns over quality of food and beverages due to adulteration of GM ingredients
    - Economic constraints
    - Concerns related to taste and texture offered by plant-based protein
  • 5.4 IMPACT OF GEN AI ON FOOD & BEVERAGE INGREDIENTS/ ADDITIVES
    USE OF GEN AI IN FOOD & BEVERAGE INGREDIENTS/ADDITIVES
    CASE STUDIES FOR GENERATIVE AI IN FOOD & BEVERAGE INGREDIENTS/ADDITIVES
    - Kerry Trendspotter leveraged AI and ML to analyze consumer-generated social media content, identifying and predicting food trends
    - IFF partners with Salus Optima to create personalized nutrition platform using AI to offer customized dietary recommendations based on metabolic health
    - Ingredion utilized cloud-based data analytics, AI, and cloud technology to address challenges in F&B industry
    IMPACT OF GENERATIVE AI/AI ON PLANT-BASED PROTEIN MARKET
    ADJACENT ECOSYSTEM WORKING ON GENERATIVE AI
INDUSTRY TRENDS
73
  • 6.1 INTRODUCTION
  • 6.2 IMPACT OF 2025 US TARIFF: PLANT-BASED PROTEIN MARKET
    INTRODUCTION
    KEY TARIFF RATES
    DISRUPTION IN PLANT-BASED PROTEIN PRODUCTS
    PRICE IMPACT ANALYSIS
    IMPACT ON COUNTRY/REGION
    - US
    - Europe
    - China
    IMPACT ON END-USE INDUSTRY
  • 6.3 VALUE CHAIN ANALYSIS
    RESEARCH & PRODUCT DEVELOPMENT: BREEDING TECH, HIGH-YIELD VARIETIES & NEW TRAITS
    RAW MATERIAL SOURCING: PULSES, OILSEEDS & SUPPLY DYNAMICS
    PRODUCTION & PROCESSING: PROTEIN TECH INNOVATIONS
    DISTRIBUTION: B2B CHANNELS & RETAIL PENETRATION
    MARKETING & SALES: BRANDING, LABELING & SUSTAINABILITY
    END USERS: HEALTH & WELLNESS DRIVING ADOPTION
  • 6.4 TRADE ANALYSIS
    IMPORT SCENARIO OF SOYBEANS
    EXPORT SCENARIO OF SOYBEANS
    IMPORT SCENARIO OF PEAS
    EXPORT SCENARIO OF PEAS
    IMPORT SCENARIO OF WHEAT & MESLIN
    EXPORT SCENARIO OF WHEAT & MESLIN
    IMPORT SCENARIO OF RICE
    EXPORT SCENARIO OF RICE
    IMPORT SCENARIO OF OATS
    EXPORT SCENARIO OF OATS
  • 6.5 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGY
    - Extrusion
    COMPLIMENTARY TECHNOLOGY
    - High-Pressure Processing (HPP)
    ADJACENT TECHNOLOGY
    - Wet processing method for producing dairy milk alternative
  • 6.6 PRICING ANALYSIS
    AVERAGE SELLING PRICE, BY KEY PLAYER
    AVERAGE SELLING PRICE TREND, BY REGION
  • 6.7 ECOSYSTEM
    DEMAND SIDE
    SUPPLY SIDE
  • 6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 6.9 PATENT ANALYSIS
  • 6.10 KEY CONFERENCES & EVENTS, 2025–2026
  • 6.11 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    REGULATORY FRAMEWORK
    - North America
    - Europe
    - Asia Pacific
  • 6.12 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 6.13 KEY STAKEHOLDERS & BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 6.14 CASE STUDY ANALYSIS
    BLUE DIAMOND GROWERS PARTNERED WITH GROUP LALA TO ESTABLISH NETWORK IN MEXICO
    KERRY GROUP PLC REVOLUTIONIZED PLANT-BASED PRODUCTS IN ASIA PACIFIC MARKET
    ADM OFFERED NEW PLANT-BASED PROTEINS TO MEET GROWING CONSUMER DEMAND
    GLANBIA LAUNCHED GRAIN PORTFOLIO TO ADDRESS CONSUMERS’ RISING HEALTH CONCERNS
  • 6.15 INVESTMENT & FUNDING SCENARIO
  • 6.16 EMERGING PROTEIN SOURCE – SESAME PROTEIN
PLANT-BASED PROTEIN MARKET, BY APPLICATION (MARKET SIZE & FORECAST TO 2030- USD MILLION)
117
  • 7.1 INTRODUCTION
  • 7.2 FOOD & BEVERAGES– MEAT ALTERNATIVES LEAD THE MARKET THROUGH 2030
    INCREASED CONSUMPTION OF PLANT-BASED MEAT AND DAIRY ALTERNATIVES TO DRIVE DEMAND
    MEAT ALTERNATIVES
    DAIRY ALTERNATIVES
    BAKERY PRODUCTS
    PERFORMANCE NUTRITION
    CONVENIENCE FOOD
    OTHER FOOD & BEVERAGE APPLICATIONS
  • 7.3 FEED– GROWING CONCERN FOR SUSTAINABLE PRACTICES TO STIMULATE DEMAND
    GROWING DEMAND FOR CLEAN-LABEL AND SUSTAINABLE FEED PRODUCTS TO DRIVE MARKET
PLANT-BASED PROTEIN MARKET, BY NATURE (MARKET SIZE & FORECAST TO 2030- USD MILLION)
129
  • 8.1 INTRODUCTION
  • 8.2 CONVENTIONAL– DOMINANT MARKET SHARE THROUGH 2030
    GROWING UTILIZATION IN FOOD AND FEED INDUSTRIES TO STIMULATE MARKET EXPANSION
  • 8.3 ORGANIC– PRODUCT TRANSPARENCY TO GENERATE SIGNIFICANT OPPORTUNITIES
    CONSUMER INCLINATION TOWARD TRANSPARENCY AND PRODUCT CLAIMS TO DRIVE GROWTH
PLANT-BASED PROTEIN MARKET, BY FORM (MARKET SIZE & FORECAST TO 2030- USD MILLION)
134
  • 9.1 INTRODUCTION
  • 9.2 DRY– ENHANCE THE SHELF LIFE OF PRODUCTS TO FUEL THE DEMAND
    APPLICATION OF DRY PLANT-BASED PROTEIN IN FOOD & BEVERAGE PRODUCTS TO DRIVE MARKET
  • 9.3 LIQUID– INNOVATION IN PLANT-BASED INDUSTRY TO BOOST THE GROWTH
    HIGH PROTEIN REQUIREMENTS IN NUTRITIONAL SUPPLEMENTS TO DRIVE DEMAND
PLANT-BASED PROTEIN MARKET, BY FUNCTION
139
  • 10.1 INTRODUCTION
  • 10.2 NUTRITION ENRICHMENT
  • 10.3 BINDERS
  • 10.4 THICKENING & VISCOSITY ENHANCEMENT
  • 10.5 OTHER FUNCTIONS
PLANT-BASED PROTEIN MARKET, BY SOURCE (MARKET SIZE & FORECAST TO 2030- USD MILLION & KT)
142
  • 11.1 INTRODUCTION
  • 11.2 SOY– LEADS THE PLANT-BASED PROTEIN MARKET THROUGH 2030
    SURGE IN DEMAND FOR PLANT-BASED PROTEIN ALTERNATIVES AND INCREASING SOY EXPORTS TO LEAD TO MARKET GROWTH
  • 11.3 WHEAT– DEMAND FROM MEAT ALTERNATIVE SEGMENT TO DRIVE THE MARKET
    EXCELLENT BINDING CHARACTERISTICS, COUPLED WITH INCREASED USAGE IN ALTERNATIVE MEAT PRODUCTS, TO DRIVE GROWTH
  • 11.4 PEA– SUSTAINABLE ADVANTAGES OVER TRADITIONAL SOURCES TO BOOST THE GROWTH
    RAPID SHIFT IN PREFERENCES OF CONSUMERS TO PLANT-BASED PROTEIN TO DRIVE DEMAND
  • 11.5 CANOLA, RICE, OATS, AND POTATOES– CANOLA EMERGED AS NEW ALTERNATIVE SOURCES TO CREATE OPPORTUNITY
    GROWING CONSUMER INTEREST IN TRADITIONAL PLANT-BASED PROTEIN PRODUCTS TO DRIVE DEMAND
  • 11.6 FABA BEANS– HIGH-PROTEIN CONTENT TO BOOST THE DEMAND
    VEGAN POPULATION AND HEALTH-CONSCIOUS CONSUMERS SEEKING SUSTAINABLE PROTEIN SOURCES TO DRIVE DEMAND
  • 11.7 OTHER SOURCES– HEMP PROTEIN TO OPEN NEW MARKET AVENUES
PLANT-BASED PROTEIN MARKET, BY TYPE (MARKET SIZE & FORECAST TO 2030- USD MILLION)
157
  • 12.1 INTRODUCTION
  • 12.2 ISOLATES– PURIFIED FORM OF PROTEIN POWDERS TO BOOST THE DEMAND
    APPLICATION OF PLANT-PROTEIN ISOLATES IN INFANT FOOD PRODUCTS TO DRIVE GROWTH
  • 12.3 CONCENTRATES– HIGH WATER HOLDING AND EMULSIFICATION CAPABILITIES GENERATE DEMAND IN VARIOUS FOOD APPLICATIONS
    APPLICATION OF CONCENTRATES ACROSS FOOD AND NUTRITION SUPPLEMENTS TO DRIVE DEMAND
  • 12.4 TEXTURED– DEMAND FOR PLANT-BASED MEAT PRODUCTS TO BOOST THE SEGMENT
    INCREASE IN CONSUMER PREFERENCE FOR PLANT-BASED MEAT PRODUCTS TO DRIVE DEMAND
  • 12.5 MILLED PROTEIN FLOURS– PRESENCE OF KEY NUTRIENTS TO DERIVE THE SEGMENT
    ADAPTABILITY IN GLUTEN-FREE AND VEGAN PRODUCTS TO BOOST MARKET
  • 12.6 STARCH-RICH PROTEIN FLOURS– TEXTURIZING PROPERTIES TO FUEL THE GROWTH
    VERSATILITY IN IMPROVING PRODUCT TEXTURE AND SHELF LIFE TO DRIVE MARKET GROWTH
PLANT-BASED PROTEIN MARKET, BY REGION (MARKET SIZE & FORECAST TO 2030- USD MILLION & KT)
166
  • 13.1 INTRODUCTION
  • 13.2 NORTH AMERICA
    US
    - Rise in awareness regarding environmental and personal health benefits to drive preference for plant-based ingredients
    CANADA
    - Capitalization on large-scale shift toward flexitarian diets by prominent players to drive production
    MEXICO
    - Evolving consumer preferences and increasing demand for nutritious pet food to stimulate market growth
  • 13.3 EUROPE
    GERMANY
    - Increasing dependence on plant-based foods and high adoption rate of flexitarian diets to drive growth
    UK
    - Increasing vegan population to drive plant-based protein market
    FRANCE
    - Government support to develop domestic plant-based protein production and reduce imports to drive growth
    ITALY
    - Rapid shift in consumer preferences from conventional to plant-based protein to drive market
    SPAIN
    - Product innovation and increased consumption of plant-based convenience food products to drive market
    NETHERLANDS
    - Increasing popularity of plant-based food products due to their health and environmental benefits to drive demand
    REST OF EUROPE
  • 13.4 ASIA PACIFIC
    CHINA
    - Demand for products with health benefits to drive market
    JAPAN
    - Aging population and rising consumption of plant-based convenience foods to drive market
    AUSTRALIA & NEW ZEALAND
    - Investments from key players and rising vegan population to drive growth
    INDIA
    - Evolving dietary preferences and increasing cases of coronary heart disease to drive demand
    REST OF ASIA PACIFIC
  • 13.5 SOUTH AMERICA
    BRAZIL
    - Rise in demand for performance nutrition products to drive growth
    ARGENTINA
    - Environmental, nutritional, and animal welfare concerns among youth to drive demand
    REST OF SOUTH AMERICA
    - Increase in willingness to invest extra in nutritionally advantageous foods to drive demand
  • 13.6 REST OF THE WORLD (ROW)
    AFRICA
    - Favorable processing conditions, coupled with rising consumer awareness regarding health issues, to drive growth
    MIDDLE EAST
    - Demand for plant-based convenience food to drive growth
COMPETITIVE LANDSCAPE
222
  • 14.1 OVERVIEW
  • 14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
  • 14.3 REVENUE ANALYSIS
  • 14.4 MARKET SHARE ANALYSIS
  • 14.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 14.6 BRAND/PRODUCT COMPARISON
  • 14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2024
    - Company footprint
    - Regional footprint
    - Source footprint
    - Type footprint
  • 14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
  • 14.9 COMPETITIVE SCENARIO AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    EXPANSIONS
COMPANY PROFILES
244
  • 15.1 KEY PLAYERS
    CARGILL, INCORPORATED
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    ARCHER DANIELS MIDLAND (ADM)COMPANY
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    KERRY GROUP PLC
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    INTERNATIONAL FLAVORS & FRAGRANCES INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    INGREDION INCORPORATED
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    WILMAR INTERNATIONAL LIMITED
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    ROQUETTE FRÈRES
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    GLANBIA PLC
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    DSM-FIRMENICH
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    AGT FOOD AND INGREDIENTS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    TATE & LYLE
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    BURCON
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    EMSLAND GROUP
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    PURIS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    COSUCRA
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
  • 15.2 OTHER PLAYERS
    BENEO
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    SOTEXPRO
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    SHANDONG JIANYUAN GROUP
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    AMCO PROTEINS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    AMINOLA
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    THE GREEN LABS LLC
    AXIOM FOODS, INC.
    NUTRI-PEA
    FENCHEM
    SUN NUTRAFOODS
ADJACENT & RELATED MARKETS
306
  • 16.1 INTRODUCTION
  • 16.2 STUDY LIMITATIONS
  • 16.3 PEA PROTEIN MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
  • 16.4 SOY PROTEIN INGREDIENTS MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
  • 16.5 PROTEIN INGREDIENTS MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
APPENDIX
310
  • 17.1 DISCUSSION GUIDE
  • 17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 17.3 CUSTOMIZATION OPTIONS
  • 17.4 RELATED REPORTS
  • 17.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 USD EXCHANGE RATES, 2020–2024
  • TABLE 2 PLANT-BASED PROTEIN MARKET SNAPSHOT, 2025 VS. 2030 (USD MILLION)
  • TABLE 3 PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE, BY ETHNICITY
  • TABLE 4 US ADJUSTED RECIPROCAL TARIFF RATES
  • TABLE 5 EXPECTED IMPACT LEVEL ON TARGET INGREDIENTS WITH RELEVANT HS CODES DUE TO TRUMP TARIFF IMPACT
  • TABLE 6 EXPECTED TARIFF IMPACT ON END-USE INDUSTRIES: PLANT-BASED FOOD PRODUCTS
  • TABLE 7 IMPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 8 EXPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 9 IMPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 10 EXPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 11 IMPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 12 EXPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 13 IMPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 14 EXPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 15 IMPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 16 EXPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 17 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY KEY PLAYERS, 2024 (USD/KG)
  • TABLE 18 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY REGION, 2021–2024 (USD/TON)
  • TABLE 19 PLANT-BASED PROTEIN MARKET: ECOSYSTEM
  • TABLE 20 LIST OF MAJOR PATENTS PERTAINING TO PLANT-BASED PROTEIN MARKET, 2014–2024
  • TABLE 21 PLANT-BASED PROTEIN MARKET: LIST OF KEY CONFERENCES & EVENTS, 2025–2026
  • TABLE 22 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 23 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 24 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 25 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 26 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 27 PORTER’S FIVE FORCES ANALYSIS
  • TABLE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
  • TABLE 29 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
  • TABLE 30 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 31 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 32 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 33 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 34 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 35 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 36 MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 37 MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 38 DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 39 DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 40 BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 41 BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 42 PERFORMANCE NUTRITION: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 43 PERFORMANCE NUTRITION: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 44 CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 45 CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 46 OTHER FOOD & BEVERAGE APPLICATIONS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 47 OTHER FOOD & BEVERAGE APPLICATIONS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 48 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 49 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 50 PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)
  • TABLE 51 PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)
  • TABLE 52 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 53 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 54 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 55 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 56 PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)
  • TABLE 57 PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)
  • TABLE 58 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 59 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 60 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 61 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 62 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 63 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 64 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)
  • TABLE 65 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)
  • TABLE 66 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 67 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 68 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 69 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 70 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 71 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 72 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 73 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 74 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 75 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 76 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 77 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 78 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 79 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 80 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 81 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 82 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 83 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 84 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 85 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 86 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 87 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 88 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 89 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 90 PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 91 PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 92 ISOLATES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 93 ISOLATES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 94 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 95 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 96 TEXTURED: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 97 TEXTURED: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 98 MILLED PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 99 MILLED PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 100 STARCH-RICH PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 101 STARCH-RICH PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 102 PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 103 PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 104 PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)
  • TABLE 105 PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)
  • TABLE 106 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 107 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 108 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 109 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 110 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)
  • TABLE 111 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)
  • TABLE 112 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 113 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 114 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 115 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 116 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 117 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 118 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)
  • TABLE 119 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)
  • TABLE 120 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)
  • TABLE 121 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)
  • TABLE 122 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 123 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 124 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 125 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 126 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 127 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 128 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 129 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 130 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 131 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 132 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)
  • TABLE 133 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)
  • TABLE 134 EUROPE: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 135 EUROPE: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 136 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 137 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 138 EUROPE: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 139 EUROPE: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 140 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)
  • TABLE 141 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)
  • TABLE 142 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)
  • TABLE 143 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)
  • TABLE 144 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 145 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 146 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 147 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 148 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 149 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 150 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 151 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 152 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 153 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 154 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 155 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 156 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 157 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 158 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 159 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 160 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 161 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 162 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)
  • TABLE 163 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)
  • TABLE 164 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 165 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 166 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 167 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 168 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 169 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 170 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)
  • TABLE 171 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)
  • TABLE 172 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)
  • TABLE 173 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)
  • TABLE 174 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 175 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 176 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 177 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 178 AUSTRALIA & NZ: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 179 AUSTRALIA & NZ: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 180 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 181 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 182 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 183 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 184 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 185 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 186 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 187 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 188 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)
  • TABLE 189 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)
  • TABLE 190 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 191 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 192 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 193 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 194 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 195 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 196 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)
  • TABLE 197 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)
  • TABLE 198 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)
  • TABLE 199 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)
  • TABLE 200 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 201 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 202 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 203 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 204 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 205 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 206 ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 207 ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 208 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 209 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 210 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)
  • TABLE 211 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)
  • TABLE 212 ROW: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)
  • TABLE 213 ROW: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)
  • TABLE 214 ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 215 ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 216 ROW: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 217 ROW: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 218 ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)
  • TABLE 219 ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)
  • TABLE 220 ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)
  • TABLE 221 ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)
  • TABLE 222 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 223 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 224 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)
  • TABLE 225 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)
  • TABLE 226 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLANT-BASED PROTEIN MARKET PLAYERS
  • TABLE 227 PLANT-BASED PROTEIN: MARKET SHARE ANALYSIS, 2024
  • TABLE 228 REGIONAL FOOTPRINT
  • TABLE 229 SOURCE FOOTPRINT
  • TABLE 230 TYPE FOOTPRINT
  • TABLE 231 PLANT-BASED PROTEIN MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 232 PLANT-BASED PROTEIN MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
  • TABLE 233 PLANT-BASED PROTEIN MARKET: PRODUCT LAUNCHES, AUGUST 2020–JUNE 2025
  • TABLE 234 PLANT-BASED PROTEIN MARKET: DEALS, JANUARY 2020–JUNE 2025
  • TABLE 235 PLANT-BASED PROTEIN MARKET: EXPANSIONS, JUNE 2020–APRIL 2022
  • TABLE 236 CARGILL, INCORPORATED: COMPANY OVERVIEW
  • TABLE 237 CARGILL, INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 238 CARGILL, INCORPORATED: DEALS
  • TABLE 239 CARGILL, INCORPORATED: OTHERS
  • TABLE 240 ADM: COMPANY OVERVIEW
  • TABLE 241 ADM: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 242 ADM: PRODUCT LAUNCHES
  • TABLE 243 ADM: DEALS
  • TABLE 244 ADM: OTHERS
  • TABLE 245 KERRY GROUP PLC: COMPANY OVERVIEW
  • TABLE 246 KERRY GROUP PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 247 KERRY GROUP PLC: DEALS
  • TABLE 248 KERRY GROUP PLC: OTHERS
  • TABLE 249 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW
  • TABLE 250 INTERNATIONAL FLAVORS & FRAGRANCES INC: PRODUCTS/SERVICES/ SOLUTIONS OFFERED
  • TABLE 251 INTERNATIONAL FLAVORS & FRAGRANCES INC: DEALS
  • TABLE 252 INGREDION INCORPORATED: COMPANY OVERVIEW
  • TABLE 253 INGREDION INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 254 INGREDION INCORPORATED: PRODUCT LAUNCHES
  • TABLE 255 INGREDION INCORPORATED: DEALS
  • TABLE 256 INGREDION INCORPORATED: OTHERS
  • TABLE 257 WILMAR INTERNATIONAL LIMITED: COMPANY OVERVIEW
  • TABLE 258 WILMAR INTERNATIONAL LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 259 ROQUETTE FRÈRES: COMPANY OVERVIEW
  • TABLE 260 ROQUETTE FRÈRES: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 261 ROQUETTE FRÈRES: PRODUCT LAUNCHES
  • TABLE 262 ROQUETTE FRÈRES: DEALS
  • TABLE 263 ROQUETTE FRÈRES: OTHERS
  • TABLE 264 GLANBIA PLC: COMPANY OVERVIEW
  • TABLE 265 GLANBIA PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 266 GLANBIA PLC: PRODUCT LAUNCHES
  • TABLE 267 DSM-FIRMENICH: COMPANY OVERVIEW
  • TABLE 268 DSM-FIRMENICH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 269 DSM-FIRMENICH: DEALS
  • TABLE 270 AGT FOOD AND INGREDIENTS: COMPANY OVERVIEW
  • TABLE 271 AGT FOOD AND INGREDIENTS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 272 AGT FOOD AND INGREDIENTS: DEALS
  • TABLE 273 TATE & LYLE: COMPANY OVERVIEW
  • TABLE 274 TATE & LYLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 275 TATE & LYLE: DEALS
  • TABLE 276 BURCON: COMPANY OVERVIEW
  • TABLE 277 BURCON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 278 BURCON: DEALS
  • TABLE 279 BURCON: OTHERS
  • TABLE 280 EMSLAND GROUP: COMPANY OVERVIEW
  • TABLE 281 EMSLAND GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 282 EMSLAND GROUP: DEALS
  • TABLE 283 PURIS: COMPANY OVERVIEW
  • TABLE 284 PURIS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 285 PURIS: OTHERS
  • TABLE 286 COSUCRA: COMPANY OVERVIEW
  • TABLE 287 COSUCRA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 288 COSUCRA: PRODUCT LAUNCHES
  • TABLE 289 COSUCRA: OTHERS
  • TABLE 290 BENEO: COMPANY OVERVIEW
  • TABLE 291 BENEO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 292 BENEO: DEALS
  • TABLE 293 BENEO: OTHERS
  • TABLE 294 SOTEXPRO: COMPANY OVERVIEW
  • TABLE 295 SOTEXPRO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 296 SHANDONG JIANYUAN GROUP: COMPANY OVERVIEW
  • TABLE 297 SHANDONG JIANYUAN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 298 AMCO PROTEINS: COMPANY OVERVIEW
  • TABLE 299 AMCO PROTEINS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 300 AMCO PROTEINS: OTHERS
  • TABLE 301 AMINOLA: COMPANY OVERVIEW
  • TABLE 302 AMINOLA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 303 MARKETS ADJACENT TO PLANT-BASED PROTEIN MARKET
  • TABLE 304 PEA PROTEIN MARKET, BY FORM, 2020–2023 (USD MILLION)
  • TABLE 305 PEA PROTEIN MARKET, BY FORM, 2024–2029 (USD MILLION)
  • TABLE 306 SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2018–2021 (USD MILLION)
  • TABLE 307 SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2022–2027 (USD MILLION)
  • TABLE 308 PROTEIN INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)
  • TABLE 309 PROTEIN INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)
LIST OF FIGURES
 
  • FIGURE 1 PLANT-BASED PROTEIN MARKET: RESEARCH DESIGN
  • FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
  • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 4 SUPPLY-SIDE ANALYSIS: SOURCES OF INFORMATION AT EVERY STEP
  • FIGURE 5 PLANT-BASED PROTEIN MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
  • FIGURE 6 DATA TRIANGULATION
  • FIGURE 7 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025 VS. 2030
  • FIGURE 8 PLANT-BASED PROTEIN MARKET, BY TYPE, 2025 VS. 2030
  • FIGURE 9 PLANT-BASED PROTEIN MARKET, BY NATURE, 2025 VS. 2030
  • FIGURE 10 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025 VS. 2030
  • FIGURE 11 PLANT-BASED PROTEIN MARKET, BY FORM, 2025 VS. 2030
  • FIGURE 12 PLANT-BASED PROTEIN MARKET SHARE AND GROWTH RATE, BY REGION, 2024 (BY VALUE)
  • FIGURE 13 CONSUMER PREFERENCES FOR HEALTHY AND NUTRITIONAL PROTEIN SOURCES TO DRIVE PLANT-BASED PROTEIN MARKET
  • FIGURE 14 US AND FOOD & BEVERAGE SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES IN 2025
  • FIGURE 15 ISOLATES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 16 SOY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 17 DRY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 18 CONVENTIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE DURING FORECAST PERIOD
  • FIGURE 19 FOOD & BEVERAGES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 20 US TO RECORD HIGHEST MARKET SHARE IN PLANT-BASED PROTEIN MARKET IN 2025
  • FIGURE 21 GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS, 2019–2023 (MILLION TONNES)
  • FIGURE 22 GLOBAL PEA PRODUCTION, BY COUNTRY, 2023 (MILLION TONNES)
  • FIGURE 23 SOYBEAN PRODUCTION, BY COUNTRY, 2021–2024 (MILLION METRIC TONS)
  • FIGURE 24 PLANT-BASED PROTEIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 25 ADOPTION OF GEN AI IN FOOD & BEVERAGE PRODUCTION PROCESS
  • FIGURE 26 PLANT-BASED PROTEIN MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 27 IMPORT OF SOYBEANS, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 28 EXPORT OF SOYBEANS, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 29 IMPORT OF PEAS, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 30 EXPORT OF PEAS, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 31 IMPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 32 EXPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 33 IMPORT OF RICE, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 34 EXPORT OF RICE, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 35 IMPORT OF OATS, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 36 EXPORT OF OATS, BY KEY COUNTRY, 2020–2024 (USD MILLION)
  • FIGURE 37 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY KEY PLAYER, 2024 (USD/KG)
  • FIGURE 38 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY REGION, 2021–2024 (USD/TON)
  • FIGURE 39 KEY PLAYERS IN PLANT-BASED PROTEIN MARKET
  • FIGURE 40 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 41 NUMBER OF PATENTS GRANTED FOR PLANT-BASED PROTEIN, 2014–2024
  • FIGURE 42 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PLANT-BASED PROTEIN
  • FIGURE 43 PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 44 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
  • FIGURE 45 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
  • FIGURE 46 PLANT-BASED PROTEIN MARKET: INVESTMENT & FUNDING SCENARIO
  • FIGURE 47 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION)
  • FIGURE 48 PLANT-BASED PROTEIN MARKET, BY NATURE, 2025 VS. 2030 (USD MILLION)
  • FIGURE 49 PLANT-BASED PROTEIN MARKET, BY FORM, 2025 VS. 2030 (USD MILLION)
  • FIGURE 50 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025 VS. 2030 (USD MILLION)
  • FIGURE 51 PLANT-BASED PROTEIN MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)
  • FIGURE 52 JAPAN TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
  • FIGURE 53 NORTH AMERICAN PLANT-BASED PROTEIN MARKET SNAPSHOT
  • FIGURE 54 ASIA PACIFIC PLANT-BASED PROTEIN MARKET SNAPSHOT
  • FIGURE 55 JAPAN: AGE GROUP DISTRIBUTION (2010–2060)
  • FIGURE 56 INDIA: CONSUMER MOTIVATION FOR TURNING TO PLANT-BASED DIET
  • FIGURE 57 REVENUE ANALYSIS OF KEY PLAYERS, 2022–2024 (USD BILLION)
  • FIGURE 58 MARKET SHARE ANALYSIS, 2024
  • FIGURE 59 COMPANY VALUATION FOR SEVEN MAJOR PLAYERS IN PLANT-BASED PROTEIN & FLOUR MARKET
  • FIGURE 60 EV/EBITDA OF MAJOR PLAYERS
  • FIGURE 61 PLANT-BASED PROTEIN MARKET: BRAND/PRODUCT COMPARISON
  • FIGURE 62 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
  • FIGURE 63 PLANT-BASED PROTEIN MARKET: COMPANY FOOTPRINT
  • FIGURE 64 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
  • FIGURE 65 CARGILL, INCORPORATED: COMPANY SNAPSHOT
  • FIGURE 66 ADM: COMPANY SNAPSHOT
  • FIGURE 67 KERRY GROUP PLC: COMPANY SNAPSHOT
  • FIGURE 68 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT
  • FIGURE 69 INGREDION INCORPORATED: COMPANY SNAPSHOT
  • FIGURE 70 WILMAR INTERNATIONAL LIMITED: COMPANY SNAPSHOT
  • FIGURE 71 GLANBIA PLC: COMPANY SNAPSHOT
  • FIGURE 72 DSM-FIRMENICH: COMPANY SNAPSHOT
  • FIGURE 73 TATE & LYLE: COMPANY SNAPSHOT
  • FIGURE 74 BURCON: COMPANY SNAPSHOT

The study involved two major approaches in estimating the current size of the plant-based protein market. Exhaustive secondary research collected information on the market, source, type, application, nature, and form segments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Data triangulation was used to estimate the market size of segments and subsegments.

Secondary Research

This research study involved extensive secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect valuable information for a technical, market-oriented, and commercial market study. In the secondary research process, sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, directories, and databases were referred to identify and collect information. Secondary research was mainly used to obtain key information about the industry’s supply chain, the pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from market- and technology-oriented perspectives.

Primary Research

Extensive primary research was conducted after obtaining information regarding the plant-based protein market scenario through secondary research. Several primary interviews were conducted with market experts from the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and the Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as chief officers (CXOs), vice presidents (VPs), directors from business development, marketing, research, and development teams, and related key executives from distributors and key opinion leaders.

Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped understand the source, type, application, nature, form, and region trend. Stakeholders from the demand side, such as plant-based food manufacturers and feed & pet-food manufacturers, were interviewed to understand the buyers’ perspective on the suppliers, products, and their business outlook, which will affect the overall market.

Plant-based Protein Market Size, and Share

Note: The three tiers of the companies are defined based on their total revenues in 2023 or 2024,
as per the availability of financial data: Tier 1: Revenue > USD 1 billion; Tier 2: USD 100
million = revenue = USD 1 billion; Tier 3: Revenue < USD 100 million

To know about the assumptions considered for the study, download the pdf brochure

COMPANY NAME

DESIGNATION

ADM (US)

Product Development Manager

Wilmar International Ltd (Singapore)

Senior R&D Scientist

Roquette Frères (France)

Marketing Director

Kerry Group PLC (Ireland)

Sales Head

International Flavors & Fragrances Inc. (US)

Senior Research Executive

Tate & Lyle (UK)

Business Development Manager

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the total size of the plant-based protein market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players in the industry and the overall markets were identified through extensive secondary research.
  • All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.

Plant-based Protein Market : Top-Down and Bottom-Up Approach

Plant-based Protein Market Top Down and Bottom Up Approach

Data Triangulation

After determining the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation procedure was employed, wherever applicable, to estimate the overall plant-based protein market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.

Market Definition

Plant-based protein is derived from plant-based sources, such as pulses, grains, and seeds. Plant-based protein sources include soy, wheat, peas, faba beans, canola, rice, and potatoes. Proteins are polymers of amino acids used in various applications for their nutritional and functional properties. Their potential to increase the nutritional level in a healthy diet makes them one of the key ingredients in the food and feed industries.

Milled protein flours are plant protein products with enhanced protein content (20–80%) and reduced starch levels (10–40%), produced through conventional milling combined with protein concentration techniques to achieve specific functional and nutritional profiles.

Starch-rich protein flours are plant-based flour products characterized by moderate protein content (15–35%) with substantial starch retention (35–55%), produced through mild processing techniques that preserve the natural macronutrient balance of the source material.

Stakeholders

  • Raw material suppliers of plant-based protein
  • Intermediate stakeholders, including distributors, retailers, associations, regulatory bodies, and others
  • Manufacturers and traders of plant-based protein ingredients, such as soy, wheat, peas, canola, oats, rice, and potatoes
  • Manufacturers and traders of food products, including dairy alternatives, meat alternatives, bakery products, nutritional products, convenience foods, and other food applications
  • Manufacturers and traders of non-food applications, such as feed and pet food
  • Government organizations, institutes, and research organizations
  • Associations and Industry Bodies:
    • Food and Agriculture Organization (FAO)
    • United States Department of Agriculture (USDA)
    • U.S. Food and Drug Administration (FDA)
    • European Food Safety Authority (EFSA)
    • European Association of Specialty Feed Ingredients and their Mixtures (FEFANA)
    • Organization for Economic Co-operation and Development (OECD)
    • Plant-based Food Associations (PBFA)
    • United Soybean Board (USB)
    • European Plant-based Foods Association (ENSA)
    • European Vegetable Protein Association (EUVEPRO)
    • Food Standards Australia New Zealand (FSANZ)

Report Objectives

  • To determine and project the size of the plant-based protein market based on source, type, application, nature, form, function (qualitative), and region over five years, ranging from 2025 to 2030
  • To identify the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
  • To provide detailed information about the key factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To analyze the micromarkets concerning individual growth trends, prospects, and their contribution to the total market
  • To identify and profile the key players in the plant-based protein market
  • To understand the competitive landscape and identify the major growth strategies adopted by players across the key regions

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company.

Geographic Analysis as per Feasibility

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

  • Further breakdown of the Rest of European plant-based protein market into key countries
  • Further breakdown of the Rest of Asia Pacific plant-based protein market into key countries
  • Further breakdown of the Rest of South American plant-based protein market into key countries

Company Information

  • Detailed analyses and profiling of additional market players (up to five)

 

Previous Versions of this Report

Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola Oats, Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates, Textured), Form (Dry, Liquid), Nature (Conventional, organic), Application - Global Forecast to 2029

Report Code FB 7358
Published in May, 2024, By MarketsandMarkets™

Plant-Based Protein Market by Source (Soy, Wheat, Pea, Canola Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates, Textured), Form (Dry, Liquid), Nature (Conventional, Organic), Application and Region - Global Forecast to 2028

Report Code FB 7358
Published in Oct, 2023, By MarketsandMarkets™

Plant-based Protein Market by Source (Soy, Wheat & Pea), Type (Isolates, Concentrates, & Textured), Application (Food (Meat Alternatives, Dairy Alternatives, Performance Nutrition & others) and Feed), Form, Nature and Region - Global Forecast to 2027

Report Code FB 7358
Published in Jul, 2022, By MarketsandMarkets™

Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form, Application (Food(Dairy Alternatives, Meat Alternatives, and Performance Nutrition) and Feed), and Region - Global Forecast to 2026

Report Code FB 7358
Published in Feb, 2021, By MarketsandMarkets™

Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form (Dry and Liquid), Application (Food and Feed), and Region (North America, Europe, APAC, South America, RoW) - Global Forecast to 2025

Report Code FB 7358
Published in Jul, 2020, By MarketsandMarkets™

Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form (Dry and Liquid), Application (Food and Feed), and Region (North America, Europe, APAC, South America, RoW) - Global Forecast to 2025

Report Code FB 7358
Published in Nov, 2019, By MarketsandMarkets™
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Growth opportunities and latent adjacency in Plant-based Protein Market

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