Global Plant-Based Proteins
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Global Plant-based Proteins market size will be USD XX million in 2024. The Plant-based Proteins market will show the strongest growth, with a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by Application |
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Market Split by Nature |
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Market Split by Form |
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Market Split by Distribution channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Restrains:
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Report scope is customizable as we have a huge database of Plant-Based Proteins industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Plant-Based Proteins Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
According to Cognitive Market Research, the Plant-based Protein Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031. Plant-based proteins are vegan protein sources that are attained from plants, such as beans, lentils, nuts, seeds, grains, and soy products, offering a vegan or vegetarian-friendly alternative to animal-based protein. The plant-based protein market is witnessing an upward trajectory as plant-forward diets have dramatically increased in popularity over the past several years due to several benefits, lower carbon footprints, and its animal cruelty-free.
For instance, research shows that following a plant-forward diet can enhance health along with reducing environmental impact as more greenhouse gasses are emitted with the production of animal-based proteins. Moreover, the growth in vegan and plant-based nutrition is huge among millennials and Gen Z demographics because of rising social media trends regarding cruelty-free and the wide availability of vegan sources.
Key drivers for Plant-based Proteins Market
The major driving force of the market for plant-based protein products or sources is increasing preferences for plant-based and vegan protein-rich nutrition. For example, the rise of plant-based protein like soy is driven by lactose-free intolerance, dairy allergies, and cruelty-free trends in the market.
For instance, Lactose intolerance affects approximately 68% of the global population, according to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK). Interestingly, these soy protein concentrates have become mainstream among the lactose-tolerant population as well. Soy Protein Concentrates are also becoming more prevalent which is driven by rising consumer health consciousness, increasing demand for plant-based foods, and the requirement for cost-effective protein sources.
For instance, Bunge (NYSE: BG), a global leader in the food and ingredients market, invested around $550 million to build a fully integrated soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility in 2022. This facility will cater the customer demand by producing plant-based foods, pet food, and feed products.
Additionally, the market for plant-based protein is also driven by environmentally-conscious consumers. These consumers fear that animal cruelty by meat manufacturers and producers harms the environment. For instance, research shows that following a plant-forward diet can enhance health along with reducing environmental impact as more greenhouse gasses are emitted with the production of animal-based proteins.
Thus, the rising trends in plant-based and vegan nutrition encourage the market of Plant-based proteins.
Restraints for Plant-based Proteins Market
The plant-based protein market is restrained by the rising concerns of nutritional deficiencies that are possible with the consumption of plant-based and vegan protein. According to the healthline, poorly planned or highly processed vegan diets may increase the chance of developing nutrient deficiencies, especially in vitamin B12, iodine, iron, calcium, zinc, and long-chain omega-3s.
For instance, studies have shown that vegetarians are at a high risk of vitamin B12 deficiency without supplements or enriched foods. Thus, vegans who don’t take supplements are at a higher risk of vitamin B12 deficiency. Furthermore, creatine is naturally found only in animal tissue, so, vegetarians and vegans should go for creatine supplements as it is responsible for functions as an easily accessible energy reserve for muscle cells for giving them greater strength and endurance. In addition, vegetarians and vegans may be at a higher risk of Vitamin D deficiency as the best sources of vitamin D3 are fatty fish and egg yolks. Other sources are cod liver oil, or enriched foods like milk or cereals, thus, these dietary sources do not come under the vegan diet.
Therefore, potential nutritional deficiencies in vegan consumers restrain the market growth for plant-based proteins.
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The competitive landscape of the Plant-Based Proteins industry provides in-depth profiles of key market players, highlighting major developments like new product introductions, geographic expansions, mergers and acquisitions, strategic partnerships, and joint ventures. The report also offers a comprehensive overview of each company’s business operations, strategies, and financial performance, covering revenue (in USD Million), gross margin (%), and market share (%) from 2021 to 2024. A detailed SWOT analysis is included to evaluate each company’s strengths, weaknesses, opportunities, and threats. Additionally, the report examines how companies have adapted to the impact of COVID-19, including adjustments to supply chains, changes in product offerings, and shifts in consumer engagement strategies. Other critical factors such as technological advancements, sustainability efforts, and competitive positioning are also explored to provide a complete picture of the market dynamics. The above detailed information can be found in the paid report edition.
Top Companies Market Share in Plant-Based Proteins Industry: (In no particular order of Rank)
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Which region dominated the Plant-based proteins Market in 2024?
According to Cognitive Research, North America dominated the market and accounted for the highest revenue of XX% in 2024 and it is projected that it will grow at a CAGR of XX% in the future. The US plant-based protein market is experiencing a surge in demand as consumers have increasingly recognized its nutritional benefits. For instance, Glanbia Nutritionals, a US nutrition firm, stated in July 2022 that the rising emphasis on health and fitness among European consumers is spurring substantial growth in the sports nutrition market there, Therefore, consumers are becoming more conscious about where their protein comes from and they are preferring natural and whole food options over ultra-processed alternatives.
Which region is expanding at the fastest CAGR?
The Asia-Pacific market is expanding at the fastest CAGR of XX% in 2024. The Asia-Pacific region is experiencing rapid growth due to increasing fitness trends and rising health awareness, especially in countries like China and India.
For instance, an Indian-based startup, Gobbleright has introduced a wide range of products that are friendly, gluten-free, and vegan. From chickpea wraps to pizza crust, and protein-rich crunchies, each product is carefully designed to deliver a comfortable yet indulging experience to the Indian market while promoting digestive wellness.
The current report Scope analyzes Plant-Based Proteins Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Plant-Based Proteins Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Plant-Based Proteins Industry growth. Plant-Based Proteins market has been segmented with the help of its Type, Application Source, and others. Plant-Based Proteins market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on current and emerging trends, the market size for the Plant-Based Proteins industry is estimated from 2021 to 2032, with a detailed analysis of each Type segment to identify the fastest-growing categories. The report offers both quantitative and qualitative analysis to uncover the driving factors behind the growth of specific segments, such as plant-based foods, functional beverages, organic products, or ready-to-eat meals. Key factors in Type segment analysis include market growth rates, consumer preference shifts, technological advancements, pricing trends, and distribution channel performance for each segment. Additionally, regional demand patterns, supply chain dynamics, and regulatory impacts on each type are explored to provide a comprehensive understanding of the factors influencing growth within the food and beverages industry. This data will be included in the paid version of the report.
Type of Plant-Based Proteins analyzed in this report are as follows:
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This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities for each Plant-Based Proteins market application from 2021 to 2032. It explores demand across various end-use industries, offering insights into the performance of applications such as ready-to-eat meals, beverages, and snacks. Key factors like market growth, consumer behavior, technological innovations, regulatory impacts, and regional market dynamics are examined. The report also includes value chain analysis, patent trends, company evaluation matrices, and other confidential data to provide a comprehensive view of each application segment’s evolution in the Plant-Based Proteins market. You can find this information in the full, paid version of the report.
Some of the key Application of Plant-Based Proteins are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The soy protein segment accounts for the largest market share of XX% and is expected to rise over the period. This growth is credited to increasing demand from consumers, especially the aging population, for plant-based alternatives enriched with protein is driving the organic soy protein concentrate market. For instance, the Food Safety and Standards Authority of India (FSSAI) has recommended soy to enhance nutrition and encourage healthy eating among Indian residents including senior citizens, particularly during the pandemic.
Moreover, soy concentrate is used as a high-quality feed component for livestock, poultry, and fish. Thus, companies are employing new technologies for the development of the domestic processing sector, especially for aquaculture and animal husbandry.
The pea protein sub-segment in the source of plant-based protein is also becoming more prevalent due to the rising demand for plant-based protein which is driven by increasing health consciousness and veganism trends. Many vegan gluten-free bars are made of a blend of gluten-free grains like oats, quinoa, or rice and plant-based protein like peas, soy, or rice. These bars are mixed with healthy fats like nuts and seeds, and natural sweeteners like dried fruits, dates, or stevia to create a balanced and flavourful snack.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Plant-Based Proteins Market is witnessing significant growth in the near future.
In 2023, the Isolates segment accounted for noticeable share of global Plant-Based Proteins Market and is projected to experience significant growth in the near future.
The Food & beverages segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Glanbia, Roquette Freres and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
• In February 2022, Benson Hill launched the TruVail line of non-GMO soy protein ingredients, including less processed soy protein concentrate for using it in traditional soy protein and plant-based applications. (https://www.fooddive.com/news/benson-hill-launches-non-gmo-high-protein-soy-s-line/618962/#:~:text=Benson%20Hill%20has%20launched%20the,protein%20and%20plant%2Dbased%20applications. )
• In July 2024, Ingredion Launched Pea Protein to maintain softness throughout shelf life in cold-pressed bars. (https://www.ingredion.com/na/en-us/news-events/news/new-pea-protein-launched-to-maintain-softness-throughout-shelf-l.html )
Disclaimer:
Type | Isolates, Concentrates, Textured, Others (Flour, Protein Crisps, etc.) |
Application | Food & beverages, Meat Alternatives, Dairy Alternatives, Bakery Products, Convenience Foods, Animal Feed, Other |
Source | Soy Protein, Wheat Protein, Pea Protein, Rice Protein, Potato Protein, Corn Protein, Others (Quinoa, Hemp, Chia, etc.) |
Nature | Conventional Organic |
Form | Dry, Liquid |
Distribution channel | Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Specialty Stores, Others (Health Stores, Pharmacies, etc.) |
List of Competitors | Glanbia, DowDuPont, Roquette Freres, Archer-Daniels Midland, Cargill, Burcon Nutrascience, Cosucra Groupe Warcoing, Agt Food & Ingredients, Ingredion, CHS, The Scoular, Fuji Oil, Wilmar, Ag Processing, Batory Foods, Devansoy, Crown Soya Protein, Shandong Yuwang Ecological Food Industry, Gushen, Biopress |
This chapter will help you gain GLOBAL Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review Global Plant-Based Proteins Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review North America Plant-Based Proteins Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review Europe Plant-Based Proteins Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review Asia Pacific Plant-Based Proteins Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review South America Plant-Based Proteins Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review Middle East Plant-Based Proteins Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Plant-Based Proteins. Further deep in this chapter, you will be able to review Middle East Plant-Based Proteins Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Plant-Based Proteins. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Source Analysis 2021 - 2033
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Chapter 13 Market Split by Nature Analysis 2021 - 2033
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Chapter 14 Market Split by Form Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 15 Market Split by Distribution channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Plant-Based Proteins market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 17 Research Methodology and Sources
Why Isolates have a significant impact on Plant-Based Proteins market? |
What are the key factors affecting the Isolates and Concentrates of Plant-Based Proteins Market? |
What is the CAGR/Growth Rate of Food & beverages during the forecast period? |
By type, which segment accounted for largest share of the global Plant-Based Proteins Market? |
Which region is expected to dominate the global Plant-Based Proteins Market within the forecast period? |
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Additional Qualitative Data |
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Additional Quantitative Data |
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