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%.
Diversification of protein sources is one of the major trends that is reshaping the plant-based protein industry. Traditionally, soy and wheat were the key sources of plant-based protein ingredients used in various alternative protein products. Recently, the industry has been rapidly exploring new protein sources with various crops such as faba beans, hemp, mung beans, and other beans & seeds. This is mainly due to a shift in demand for allergen-free and environmentally sustainable products that provide a clear taste profile to meet consumer demand.
Consumers in developed countries are embracing plant-based protein alternatives due to their ability to provide essential nutrients, promote better health, support weight management, and enhance the overall appeal of food. Thus, the consumer shift toward vegan diets is also a key driver impacting the growth. However, allergies associated with plant-based protein sources and nutritional and vitamin deficiencies among vegans are expected to restrain the market.
“Disruptions in the plant-based protein market may offer opportunities for players”
The plant-based protein market faces comprehensive disruption fueled by advances in sourcing, processing, consumer trends, and sustainability concerns. One of the most important changes is the emergence of new and underdeveloped protein sources such as chickpeas, fava beans, hemp, and other beans & seeds that provide alternatives to legacy soy and pea proteins while overcoming allergen, sustainability, and flavor issues. Concurrently, high-tech extraction and processing technologies such as precision fermentation, enzymatic hydrolysis, and dry fractionation enhance plant protein nutritional content, digestibility, and functional behavior to allow cleaner labels and improved sensory effects. Clean label demand alters formulation needs, driving makers to remove artificial additives and choose naturally neutral-tasting or improved-taste proteins.
Meat alternatives in the food & beverage sub-application segment is projected to be the fastest-growing segment
Plant-based meat presents a variety of advantages and trade-offs compared to traditional meat products. It represents an ecological choice over conventional meat regarding resource input and consumption. The requirement of large-scale feedlots and grazing areas results in a considerable ecological impact and is also resource-intensive. In addition, plant-based meat provides considerable environmental benefits across the value chain from farm to fork. These factors are expected to drive the demand for meat alternative segment.
“Pea segment will hold a significant market share among the sources in the plant-based protein market”
Pea protein has emerged as a formidable alternative in the plant-based protein sector due to its exceptional nutritional profile and sustainability benefits. Its rich essential amino acid composition makes it an attractive option for those looking to improve their nutritional intake without relying on animal-based proteins. Furthermore, pea protein’s lower environmental footprint compared to traditional livestock farming enhances its appeal among consumers, who are increasingly prioritizing eco-friendly food sources. As the market for plant-based proteins continues to expand, the growing acceptance and demand for pea protein underscores its potential to shape the future of protein consumption.
“US is projected to dominate the North American plant-based protein market during forecast period”
The US market is one of the largest global markets for the plant-based protein industry. The increased consumption and dependency on plant-based meat and dairy-alternative products have paved the way for significant business opportunities for plant-based protein. Additionally, there is a growing demand for natural and plant-based alternatives within corporate gyms and wellness centers. This shift supports the expansion of plant-based nutritional products, aligning with employee preferences for sustainable, health-conscious lifestyle solutions.
In-depth interviews have been conducted with chief executive officers (CEOs), directors, and other executives from various key organizations operating in the plant-based protein market.
• By Company Type: Tier 1–25%, Tier 2–45%, and Tier 3–30%
• By Designation: CXOs–20%, Managers–50%, Executives–30%
• By Region: North America–25%, Europe–20%, Asia Pacific–30%, South America–15%, and Rest of the World–10%
Prominent companies in the market 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).
Research Coverage
This research report categorizes the plant-based protein market by source (soy, wheat, pea, canola, rice, & potato, faba beans, other sources), type (isolates, concentrates, textured, milled protein flours, starch-rich protein flours), application (food & beverages[meat alternatives, dairy alternatives, bakery products, performance nutrition, convenience food, other food & beverage applications] and feed), form (dry and liquid), nature (conventional and organic), function (nutrition enrichment, binders, thickening & viscosity enhancement, other functions), and region (North America, Europe, Asia Pacific, South America, and Rest of the World).
The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of plant-based protein. A thorough analysis of the key industry players has provided insights into their business, services, key strategies, contracts, partnerships, agreements, product launches, mergers & acquisitions, and recent developments associated with the plant-based protein market. This report covers the competitive analysis of upcoming startups in the plant-based protein market ecosystem. Furthermore, industry-specific trends such as technology analysis, ecosystem & market mapping, and patent & regulatory landscape, among others, are also covered in the study.
Reasons to Buy This Report
The report will offer market leaders/new entrants information on the closest approximate revenue numbers for the overall plant-based protein and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers.
• Analysis of key drivers (growing interest in health-centric food and beverages), restraints (allergies associated with plant-based protein sources), opportunities (effective marketing strategies and correct positioning of plant-based proteins), and challenges (concerns over the quality of food and beverages due to adulteration of GM ingredients) influencing the growth of the plant-based protein market
• Product Development/Innovation: Detailed insights on research & development activities and new product launches in the plant-based protein market
• Market Development: Comprehensive information about lucrative markets—analysis of plant-based protein across varied regions
• Market Diversification: Exhaustive information about new product sources, untapped geographies, recent developments, and investments in the plant-based protein market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, brand/product comparison, and product footprints of leading players such as 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), and other players in the plant-based protein market
圖表清單 List of Tables & Figures
TABLE 1 USD EXCHANGE RATES, 2020–2024 33
TABLE 2 PLANT-BASED PROTEIN MARKET SNAPSHOT, 2025 VS. 2030 (USD MILLION) 46
TABLE 3 PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE, BY ETHNICITY 61
TABLE 4 US ADJUSTED RECIPROCAL TARIFF RATES 73
TABLE 5 EXPECTED IMPACT LEVEL ON TARGET INGREDIENTS WITH RELEVANT HS CODES DUE TO TRUMP TARIFF IMPACT 75
TABLE 6 EXPECTED TARIFF IMPACT ON END-USE INDUSTRIES: PLANT-BASED FOOD PRODUCTS 77
TABLE 7 IMPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY,
2020–2024 (USD MILLION) 81
TABLE 8 EXPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY,
2020–2024 (USD MILLION) 82
TABLE 9 IMPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY,
2020–2024 (USD MILLION) 83
TABLE 10 EXPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY,
2020–2024 (USD MILLION) 84
TABLE 11 IMPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY,
2020–2024 (USD MILLION) 85
TABLE 12 EXPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY,
2020–2024 (USD MILLION) 86
TABLE 13 IMPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY,
2020–2024 (USD MILLION) 87
TABLE 14 EXPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY,
2020–2024 (USD MILLION) 88
TABLE 15 IMPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY,
2020–2024 (USD MILLION) 89
TABLE 16 EXPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY,
2020–2024 (USD MILLION) 90
TABLE 17 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY KEY PLAYERS,
2024 (USD/KG) 92
TABLE 18 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY REGION,
2021–2024 (USD/TON) 93
TABLE 19 PLANT-BASED PROTEIN MARKET: ECOSYSTEM 95
TABLE 20 LIST OF MAJOR PATENTS PERTAINING TO PLANT-BASED PROTEIN MARKET,
2014–2024 97
TABLE 21 PLANT-BASED PROTEIN MARKET: LIST OF KEY CONFERENCES & EVENTS,
2025–2026 100
TABLE 22 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 101
TABLE 23 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 101
TABLE 24 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 102
TABLE 25 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 102
TABLE 26 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 102
TABLE 27 PORTER’S FIVE FORCES ANALYSIS 107
TABLE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES 110
TABLE 29 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS 111
TABLE 30 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 116
TABLE 31 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 117
TABLE 32 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 117
TABLE 33 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 118
TABLE 34 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 118
TABLE 35 FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 118
TABLE 36 MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 119
TABLE 37 MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 120
TABLE 38 DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 120
TABLE 39 DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 121
TABLE 40 BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 122
TABLE 41 BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 122
TABLE 42 PERFORMANCE NUTRITION: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 123
TABLE 43 PERFORMANCE NUTRITION: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 123
TABLE 44 CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 124
TABLE 45 CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 124
TABLE 46 OTHER FOOD & BEVERAGE APPLICATIONS: PLANT-BASED PROTEIN MARKET,
BY REGION, 2021–2024 (USD MILLION) 125
TABLE 47 OTHER FOOD & BEVERAGE APPLICATIONS: PLANT-BASED PROTEIN MARKET,
BY REGION, 2025–2030 (USD MILLION) 125
TABLE 48 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 126
TABLE 49 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 126
TABLE 50 PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION) 128
TABLE 51 PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION) 129
TABLE 52 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 129
TABLE 53 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 130
TABLE 54 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 131
TABLE 55 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 131
TABLE 56 PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION) 133
TABLE 57 PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION) 133
TABLE 58 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 134
TABLE 59 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 135
TABLE 60 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 136
TABLE 61 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 136
TABLE 62 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 141
TABLE 63 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 142
TABLE 64 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT) 142
TABLE 65 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT) 142
TABLE 66 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 143
TABLE 67 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 144
TABLE 68 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT) 144
TABLE 69 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT) 144
TABLE 70 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 145
TABLE 71 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 146
TABLE 72 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT) 146
TABLE 73 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT) 146
TABLE 74 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 148
TABLE 75 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 148
TABLE 76 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT) 148
TABLE 77 PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT) 149
TABLE 78 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,
BY REGION, 2021–2024 (USD MILLION) 150
TABLE 79 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,
BY REGION, 2025–2030 (USD MILLION) 150
TABLE 80 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,
BY REGION, 2021–2024 (KT) 150
TABLE 81 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,
BY REGION, 2025–2030 (KT) 151
TABLE 82 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 151
TABLE 83 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 152
TABLE 84 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT) 152
TABLE 85 FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT) 152
TABLE 86 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 153
TABLE 87 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 153
TABLE 88 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT) 154
TABLE 89 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT) 154
TABLE 90 PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION) 156
TABLE 91 PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION) 157
TABLE 92 ISOLATES: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 158
TABLE 93 ISOLATES: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 158
TABLE 94 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 159
TABLE 95 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 159
TABLE 96 TEXTURED: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 160
TABLE 97 TEXTURED: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 160
TABLE 98 MILLED PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION,
2021–2024 (USD MILLION) 161
TABLE 99 MILLED PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION,
2025–2030 (USD MILLION) 161
TABLE 100 STARCH-RICH PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 162
TABLE 101 STARCH-RICH PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 162
TABLE 102 PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 165
TABLE 103 PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 165
TABLE 104 PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT) 166
TABLE 105 PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT) 166
TABLE 106 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 168
TABLE 107 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 168
TABLE 108 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 168
TABLE 109 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 169
TABLE 110 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT) 169
TABLE 111 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT) 169
TABLE 112 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,
2021–2024 (USD MILLION) 170
TABLE 113 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,
2025–2030 (USD MILLION) 170
TABLE 114 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 170
TABLE 115 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 170
TABLE 116 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION) 171
TABLE 117 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION) 171
TABLE 118 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,
2021–2024 (USD MILLION) 171
TABLE 119 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,
2025–2030 (USD MILLION) 172
TABLE 120 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,
2021–2024 (USD MILLION) 172
TABLE 121 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,
2025–2030 (USD MILLION) 172
TABLE 122 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 173
TABLE 123 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 173
TABLE 124 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 174
TABLE 125 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 175
TABLE 126 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 176
TABLE 127 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 176
TABLE 128 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 177
TABLE 129 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 177
TABLE 130 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 178
TABLE 131 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 178
TABLE 132 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT) 178
TABLE 133 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT) 179
TABLE 134 EUROPE: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION) 179
TABLE 135 EUROPE: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION) 179
TABLE 136 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 180
TABLE 137 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 180
TABLE 138 EUROPE: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION) 180
TABLE 139 EUROPE: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION) 181
TABLE 140 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE,
2021–2024 (USD MILLION) 181
TABLE 141 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE,
2025–2030 (USD MILLION) 181
TABLE 142 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION) 181
TABLE 143 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION) 182
TABLE 144 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 183
TABLE 145 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 183
TABLE 146 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 184
TABLE 147 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 184
TABLE 148 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 185
TABLE 149 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 185
TABLE 150 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 186
TABLE 151 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 186
TABLE 152 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 187
TABLE 153 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 188
TABLE 154 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 188
TABLE 155 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 189
TABLE 156 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 190
TABLE 157 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 190
TABLE 158 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 192
TABLE 159 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 192
TABLE 160 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 192
TABLE 161 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 193
TABLE 162 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT) 193
TABLE 163 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT) 193
TABLE 164 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY TYPE,
2021–2024 (USD MILLION) 194
TABLE 165 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY TYPE,
2025–2030 (USD MILLION) 194
TABLE 166 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 194
TABLE 167 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 194
TABLE 168 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION) 195
TABLE 169 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION) 195
TABLE 170 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE,
2021–2024 (USD MILLION) 195
TABLE 171 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE,
2025–2030 (USD MILLION) 196
TABLE 172 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM,
2021–2024 (USD MILLION) 196
TABLE 173 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM,
2025–2030 (USD MILLION) 196
TABLE 174 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 197
TABLE 175 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 197
TABLE 176 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 199
TABLE 177 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 199
TABLE 178 AUSTRALIA & NZ: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 200
TABLE 179 AUSTRALIA & NZ: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 200
TABLE 180 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 201
TABLE 181 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 202
TABLE 182 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 203
TABLE 183 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 203
TABLE 184 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 204
TABLE 185 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 204
TABLE 186 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 204
TABLE 187 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 205
TABLE 188 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT) 205
TABLE 189 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT) 205
TABLE 190 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,
2021–2024 (USD MILLION) 206
TABLE 191 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,
2025–2030 (USD MILLION) 206
TABLE 192 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 206
TABLE 193 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 206
TABLE 194 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION) 207
TABLE 195 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION) 207
TABLE 196 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,
2021–2024 (USD MILLION) 207
TABLE 197 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,
2025–2030 (USD MILLION) 208
TABLE 198 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,
2021–2024 (USD MILLION) 208
TABLE 199 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,
2025–2030 (USD MILLION) 208
TABLE 200 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 209
TABLE 201 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 209
TABLE 202 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 210
TABLE 203 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 210
TABLE 204 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 211
TABLE 205 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 211
TABLE 206 ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION) 212
TABLE 207 ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION) 212
TABLE 208 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 212
TABLE 209 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 213
TABLE 210 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT) 213
TABLE 211 ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT) 213
TABLE 212 ROW: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION) 214
TABLE 213 ROW: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION) 214
TABLE 214 ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 214
TABLE 215 ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 214
TABLE 216 ROW: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION) 215
TABLE 217 ROW: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION) 215
TABLE 218 ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION) 215
TABLE 219 ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION) 216
TABLE 220 ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION) 216
TABLE 221 ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION) 216
TABLE 222 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION) 217
TABLE 223 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION) 217
TABLE 224 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2021–2024 (USD MILLION) 218
TABLE 225 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE,
2025–2030 (USD MILLION) 218
TABLE 226 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLANT-BASED PROTEIN MARKET PLAYERS 220
TABLE 227 PLANT-BASED PROTEIN: MARKET SHARE ANALYSIS, 2024 223
TABLE 228 REGIONAL FOOTPRINT 229
TABLE 229 SOURCE FOOTPRINT 229
TABLE 230 TYPE FOOTPRINT 230
TABLE 231 PLANT-BASED PROTEIN MARKET: DETAILED LIST OF KEY STARTUPS/SMES 232
TABLE 232 PLANT-BASED PROTEIN MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 233
TABLE 233 PLANT-BASED PROTEIN MARKET: PRODUCT LAUNCHES,
AUGUST 2020–JUNE 2025 234
TABLE 234 PLANT-BASED PROTEIN MARKET: DEALS, JANUARY 2020–JUNE 2025 235
TABLE 235 PLANT-BASED PROTEIN MARKET: EXPANSIONS, JUNE 2020–APRIL 2022 239
TABLE 236 CARGILL, INCORPORATED: COMPANY OVERVIEW 241
TABLE 237 CARGILL, INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED 242
TABLE 238 CARGILL, INCORPORATED: DEALS 243
TABLE 239 CARGILL, INCORPORATED: OTHERS 243
TABLE 240 ADM: COMPANY OVERVIEW 245
TABLE 241 ADM: PRODUCTS/SERVICES/SOLUTIONS OFFERED 246
TABLE 242 ADM: PRODUCT LAUNCHES 248
TABLE 243 ADM: DEALS 249
TABLE 244 ADM: OTHERS 249
TABLE 245 KERRY GROUP PLC: COMPANY OVERVIEW 251
TABLE 246 KERRY GROUP PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 252
TABLE 247 KERRY GROUP PLC: DEALS 253
TABLE 248 KERRY GROUP PLC: OTHERS 253
TABLE 249 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW 254
TABLE 250 INTERNATIONAL FLAVORS & FRAGRANCES INC: PRODUCTS/SERVICES/ SOLUTIONS OFFERED 255
TABLE 251 INTERNATIONAL FLAVORS & FRAGRANCES INC: DEALS 256
TABLE 252 INGREDION INCORPORATED: COMPANY OVERVIEW 258
TABLE 253 INGREDION INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED 259
TABLE 254 INGREDION INCORPORATED: PRODUCT LAUNCHES 260
TABLE 255 INGREDION INCORPORATED: DEALS 261
TABLE 256 INGREDION INCORPORATED: OTHERS 261
TABLE 257 WILMAR INTERNATIONAL LIMITED: COMPANY OVERVIEW 263
TABLE 258 WILMAR INTERNATIONAL LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED 264
TABLE 259 ROQUETTE FRÈRES: COMPANY OVERVIEW 266
TABLE 260 ROQUETTE FRÈRES: PRODUCTS/SERVICES/SOLUTIONS OFFERED 266
TABLE 261 ROQUETTE FRÈRES: PRODUCT LAUNCHES 267
TABLE 262 ROQUETTE FRÈRES: DEALS 268
TABLE 263 ROQUETTE FRÈRES: OTHERS 268
TABLE 264 GLANBIA PLC: COMPANY OVERVIEW 269
TABLE 265 GLANBIA PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 270
TABLE 266 GLANBIA PLC: PRODUCT LAUNCHES 271
TABLE 267 DSM-FIRMENICH: COMPANY OVERVIEW 272
TABLE 268 DSM-FIRMENICH: PRODUCTS/SERVICES/SOLUTIONS OFFERED 273
TABLE 269 DSM-FIRMENICH: DEALS 274
TABLE 270 AGT FOOD AND INGREDIENTS: COMPANY OVERVIEW 275
TABLE 271 AGT FOOD AND INGREDIENTS: PRODUCTS/SERVICES/SOLUTIONS OFFERED 275
TABLE 272 AGT FOOD AND INGREDIENTS: DEALS 276
TABLE 273 TATE & LYLE: COMPANY OVERVIEW 277
TABLE 274 TATE & LYLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED 278
TABLE 275 TATE & LYLE: DEALS 279
TABLE 276 BURCON: COMPANY OVERVIEW 280
TABLE 277 BURCON: PRODUCTS/SERVICES/SOLUTIONS OFFERED 281
TABLE 278 BURCON: DEALS 281
TABLE 279 BURCON: OTHERS 282
TABLE 280 EMSLAND GROUP: COMPANY OVERVIEW 283
TABLE 281 EMSLAND GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED 283
TABLE 282 EMSLAND GROUP: DEALS 284
TABLE 283 PURIS: COMPANY OVERVIEW 285
TABLE 284 PURIS: PRODUCTS/SERVICES/SOLUTIONS OFFERED 285
TABLE 285 PURIS: OTHERS 286
TABLE 286 COSUCRA: COMPANY OVERVIEW 287
TABLE 287 COSUCRA: PRODUCTS/SERVICES/SOLUTIONS OFFERED 287
TABLE 288 COSUCRA: PRODUCT LAUNCHES 287
TABLE 289 COSUCRA: OTHERS 288
TABLE 290 BENEO: COMPANY OVERVIEW 289
TABLE 291 BENEO: PRODUCTS/SERVICES/SOLUTIONS OFFERED 289
TABLE 292 BENEO: DEALS 290
TABLE 293 BENEO: OTHERS 290
TABLE 294 SOTEXPRO: COMPANY OVERVIEW 292
TABLE 295 SOTEXPRO: PRODUCTS/SERVICES/SOLUTIONS OFFERED 292
TABLE 296 SHANDONG JIANYUAN GROUP: COMPANY OVERVIEW 293
TABLE 297 SHANDONG JIANYUAN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED 293
TABLE 298 AMCO PROTEINS: COMPANY OVERVIEW 294
TABLE 299 AMCO PROTEINS: PRODUCTS/SERVICES/SOLUTIONS OFFERED 294
TABLE 300 AMCO PROTEINS: OTHERS 294
TABLE 301 AMINOLA: COMPANY OVERVIEW 296
TABLE 302 AMINOLA: PRODUCTS/SERVICES/SOLUTIONS OFFERED 296
TABLE 303 MARKETS ADJACENT TO PLANT-BASED PROTEIN MARKET 303
TABLE 304 PEA PROTEIN MARKET, BY FORM, 2020–2023 (USD MILLION) 304
TABLE 305 PEA PROTEIN MARKET, BY FORM, 2024–2029 (USD MILLION) 304
TABLE 306 SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2018–2021 (USD MILLION) 305
TABLE 307 SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2022–2027 (USD MILLION) 305
TABLE 308 PROTEIN INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION) 306
TABLE 309 PROTEIN INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION) 306
FIGURE 1 PLANT-BASED PROTEIN MARKET: RESEARCH DESIGN 35
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 37
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 39
FIGURE 4 SUPPLY-SIDE ANALYSIS: SOURCES OF INFORMATION AT EVERY STEP 40
FIGURE 5 PLANT-BASED PROTEIN MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 41
FIGURE 6 DATA TRIANGULATION 42
FIGURE 7 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025 VS. 2030 46
FIGURE 8 PLANT-BASED PROTEIN MARKET, BY TYPE, 2025 VS. 2030 47
FIGURE 9 PLANT-BASED PROTEIN MARKET, BY NATURE, 2025 VS. 2030 47
FIGURE 10 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025 VS. 2030 48
FIGURE 11 PLANT-BASED PROTEIN MARKET, BY FORM, 2025 VS. 2030 48
FIGURE 12 PLANT-BASED PROTEIN MARKET SHARE AND GROWTH RATE, BY REGION,
2024 (BY VALUE) 49
FIGURE 13 CONSUMER PREFERENCES FOR HEALTHY AND NUTRITIONAL PROTEIN SOURCES TO DRIVE PLANT-BASED PROTEIN MARKET 50
FIGURE 14 US AND FOOD & BEVERAGE SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES
IN 2025 51
FIGURE 15 ISOLATES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 51
FIGURE 16 SOY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 52
FIGURE 17 DRY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 52
FIGURE 18 CONVENTIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE DURING FORECAST PERIOD 53
FIGURE 19 FOOD & BEVERAGES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 54
FIGURE 20 US TO RECORD HIGHEST MARKET SHARE IN PLANT-BASED PROTEIN MARKET
IN 2025 55
FIGURE 21 GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS,
2019–2023 (MILLION TONNES) 57
FIGURE 22 GLOBAL PEA PRODUCTION, BY COUNTRY, 2023 (MILLION TONNES) 57
FIGURE 23 SOYBEAN PRODUCTION, BY COUNTRY, 2021–2024 (MILLION METRIC TONS) 58
FIGURE 24 PLANT-BASED PROTEIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 59
FIGURE 25 ADOPTION OF GEN AI IN FOOD & BEVERAGE PRODUCTION PROCESS 68
FIGURE 26 PLANT-BASED PROTEIN MARKET: VALUE CHAIN ANALYSIS 78
FIGURE 27 IMPORT OF SOYBEANS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 80
FIGURE 28 EXPORT OF SOYBEANS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 81
FIGURE 29 IMPORT OF PEAS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 82
FIGURE 30 EXPORT OF PEAS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 83
FIGURE 31 IMPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2020–2024 (USD MILLION) 84
FIGURE 32 EXPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2020–2024 (USD MILLION) 85
FIGURE 33 IMPORT OF RICE, BY KEY COUNTRY, 2020–2024 (USD MILLION) 86
FIGURE 34 EXPORT OF RICE, BY KEY COUNTRY, 2020–2024 (USD MILLION) 87
FIGURE 35 IMPORT OF OATS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 88
FIGURE 36 EXPORT OF OATS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 89
FIGURE 37 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY KEY PLAYER,
2024 (USD/KG) 92
FIGURE 38 AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY REGION,
2021–2024 (USD/TON) 93
FIGURE 39 KEY PLAYERS IN PLANT-BASED PROTEIN MARKET 95
FIGURE 40 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 96
FIGURE 41 NUMBER OF PATENTS GRANTED FOR PLANT-BASED PROTEIN, 2014–2024 99
FIGURE 42 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PLANT-BASED PROTEIN 99
FIGURE 43 PORTER’S FIVE FORCES ANALYSIS 108
FIGURE 44 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES 110
FIGURE 45 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS 111
FIGURE 46 PLANT-BASED PROTEIN MARKET: INVESTMENT & FUNDING SCENARIO 113
FIGURE 47 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION) 116
FIGURE 48 PLANT-BASED PROTEIN MARKET, BY NATURE, 2025 VS. 2030 (USD MILLION) 128
FIGURE 49 PLANT-BASED PROTEIN MARKET, BY FORM, 2025 VS. 2030 (USD MILLION) 133
FIGURE 50 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025 VS. 2030 (USD MILLION) 141
FIGURE 51 PLANT-BASED PROTEIN MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION) 156
FIGURE 52 JAPAN TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD 165
FIGURE 53 NORTH AMERICAN PLANT-BASED PROTEIN MARKET SNAPSHOT 167
FIGURE 54 ASIA PACIFIC PLANT-BASED PROTEIN MARKET SNAPSHOT 191
FIGURE 55 JAPAN: AGE GROUP DISTRIBUTION (2010–2060) 198
FIGURE 56 INDIA: CONSUMER MOTIVATION FOR TURNING TO PLANT-BASED DIET 201
FIGURE 57 REVENUE ANALYSIS OF KEY PLAYERS, 2022–2024 (USD BILLION) 221
FIGURE 58 MARKET SHARE ANALYSIS, 2024 222
FIGURE 59 COMPANY VALUATION FOR SEVEN MAJOR PLAYERS IN PLANT-BASED PROTEIN & FLOUR MARKET 224
FIGURE 60 EV/EBITDA OF MAJOR PLAYERS 224
FIGURE 61 PLANT-BASED PROTEIN MARKET: BRAND/PRODUCT COMPARISON 225
FIGURE 62 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 227
FIGURE 63 PLANT-BASED PROTEIN MARKET: COMPANY FOOTPRINT 228
FIGURE 64 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 232
FIGURE 65 CARGILL, INCORPORATED: COMPANY SNAPSHOT 242
FIGURE 66 ADM: COMPANY SNAPSHOT 246
FIGURE 67 KERRY GROUP PLC: COMPANY SNAPSHOT 252
FIGURE 68 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT 255
FIGURE 69 INGREDION INCORPORATED: COMPANY SNAPSHOT 259
FIGURE 70 WILMAR INTERNATIONAL LIMITED: COMPANY SNAPSHOT 264
FIGURE 71 GLANBIA PLC: COMPANY SNAPSHOT 270
FIGURE 72 DSM-FIRMENICH: COMPANY SNAPSHOT 273
FIGURE 73 TATE & LYLE: COMPANY SNAPSHOT 278
FIGURE 74 BURCON: COMPANY SNAPSHOT 280