Global Plant-Based Proteins Market Size, Growth Analysis and Forecast Insights
Report ID : 1351612 | Published : January 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Plant-Based Proteins Market is categorized based on Source (Soy Protein, Pea Protein, Wheat Protein, Rice Protein, Others) and Application (Food & Beverages, Nutritional Supplements, Animal Feed, Pharmaceuticals, Others) and Form (Isolates, Concentrates, Textured, Hydrolyzed, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The Plant-Based Proteins Market size was valued at 12.69 billion in 2023 and is projected to reach 25.14 billion by 2033, growing at a CAGR of 7.4% from 2024 to 2033. This report includes various market segments and analyzes the key trends and factors influencing market growth.
The Plant-Based Proteins Market has experienced significant growth in the past few years owing to the consumers’ inclination toward healthy and better food options. As the concern on the environment on account of animal farming increases, there are many more who are turning to plant-based options out of reason and health. This trend is changing the food sector and opening doors to new products to suit varying needs.
Apart from the increase which is visible among the end-users, the plant-based protein market is nascent in the B2B space. A number of businesses are keen on including plant –derived products into their lines on a wider metaphorical lens because of the potential this new sub-market has. Due to the development of food technology and the joining of more and more protein sources, such as peas, lentils, soy and others to the available options, the businesses are ready to adapt to the changes to their customer preferences and the sustainability wave.
As the market changes, it’s important for stakeholders to understand how the adoption of plant-based protein varies across different regions and demographics. We offer detailed market research reports in this section of our website which focus on this trend, and provide information that allows businesses to make informed strategic choices in this active and fast-growing industry. It doesn’t matter if you are a producer, wholesaler or seller, keeping up with the new trends in the plant-based proteins economy is important in order to stay on top of the competition.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Beyond Meat, Impossible Foods, Oatly, PepsiCo, Nestle, DuPont, Cargill, ADM (Archer Daniels Midland), Kraft Heinz, Bunge Limited, Unilever |
| SEGMENTS COVERED |
By Source - Soy Protein, Pea Protein, Wheat Protein, Rice Protein, Others
By Application - Food & Beverages, Nutritional Supplements, Animal Feed, Pharmaceuticals, Others
By Form - Isolates, Concentrates, Textured, Hydrolyzed, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Plant-Based Proteins Market Dynamics
The Plant-Based Proteins Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Plant-Based Proteins Market Segmentations
Market Breakup by Source
- Overview
- Soy Protein
- Pea Protein
- Wheat Protein
- Rice Protein
- Others
Market Breakup by Application
- Overview
- Food & Beverages
- Nutritional Supplements
- Animal Feed
- Pharmaceuticals
- Others
Market Breakup by Form
- Overview
- Isolates
- Concentrates
- Textured
- Hydrolyzed
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Plant-Based Proteins Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Beyond Meat
- Impossible Foods
- Oatly
- PepsiCo
- Nestle
- DuPont
- Cargill
- ADM (Archer Daniels Midland)
- Kraft Heinz
- Bunge Limited
- Unilever
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Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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