Fermented Plant Protein Market Size is valued at US$ 3.6 Bn in 2024 and is predicted to reach US$ 9.1 Bn by the year 2034 at an 9.8% CAGR during the forecast period for 2025-2034.
Fermented plant proteins are plant-based proteins (like soy or pea) that are processed using beneficial microbes through fermentation. This improves their digestibility, taste, and nutrient absorption, making them ideal for use in plant-based foods, supplements, and meat alternatives. Improvements in fermentation technologies, the growing use of fermented plant proteins in a variety of industries, and increased awareness of the environmental as well as health advantages of plant-based protein substitutes are all factors contributing to the growth of the fermented plant protein market.
In addition, concerns about animal welfare, environmental sustainability, and health are driving an increasing number of people to choose vegetarian and vegan lifestyles. The fermented plant proteins are becoming well-known for their higher nutritional content, improved flavour profile, and superior digestibility. Due to these qualities, health-conscious customers find fermented plant proteins to be an appealing alternative, which propels the fermented plant protein market expansion. Additionally, the development of fermentation technology is a major growth driver of the market. The quality and scalability of fermented plant proteins have greatly increased due to biotechnology advancements that have made it possible to create more economical and effective fermentation procedures.
Some of the Key Players in the Fermented Plant Protein Market:
The Fermented Plant Protein market is segmented by source of protein, form, application, distribution channel, and end-user. By source, it includes Legumes, Nuts And Seeds, Vegetables, Grains, And Fermented Algae. In terms of form, the market covers granules, powder, ready-to-drink beverages, capsules, and bars. Applications span across food & beverages, pharmaceuticals, nutritional supplements, cosmetic products, and animal feed. Distribution channels consist of direct sales, online retail, supermarkets and hypermarkets, specialty stores, and health food stores. Finally, the end-users include sports nutrition, fitness enthusiasts, vegetarians and vegans, general population, and health-conscious consumers.
In 2024, the market for fermented plant protein was led by the powder category. Many plant-based foods use the powder segment. The segment's longer shelf life and simplicity of storage make it suitable for a wide variety of food and beverage goods, which boosts the segment's expansion. Additionally, because powders are utilized in dietary supplements and nutritional items, they have a significant impact on market expansion. Customers' continued desire for fermented plant-based options in various food & beverage industries is likely to fuel the segment's expansion, keeping it a dominant player in the market.
Sports nutrition products, including protein powders, energy bars, and supplements, are increasingly using fermented plant proteins, such as soy, pea, and rice proteins, due to their ability to enhance muscle growth, performance, and recovery. Fermented plant proteins have become more popular in this market due to athletes' and consumers' rising desire for plant-based, clean-label sports nutrition solutions. These components are thought to be a sustainable and natural substitute for conventional casein or whey-based proteins, offering a superior and easily absorbed plant-based protein supply.
In 2024, the fermented plant protein market was dominated by the North American region. The need for fermented plant proteins in this area is being driven by the growing acceptance of veganism and the expanding availability of plant-based dietary products. For environmental and health reasons, an increasing number of people in the US and Canada are switching to plant-based diets. Furthermore, the market for fermented plant protein is anticipated to increase in North America due to the existence of a well-established food sector and the growing emphasis on natural and sustainable food components.
Moreover, the market for fermented plant protein is anticipated to grow significantly in the Asia Pacific region. The market for fermented plant proteins is being driven by consumers' growing preference for plant-based diets in countries such as China, India, and Japan. The region's market growth is further bolstered by the traditional use of fermentation in Asian cuisines and the prevalence of vegetarianism. Additionally, the increase in disposable income increases consumer demand for high-quality protein sources, which propels the expansion of the fermented plant protein market.
|
Report Attribute |
Specifications |
|
Market Size Value In 2024 |
USD 3.6 Bn |
|
Revenue Forecast In 2034 |
USD 9.1 Bn |
|
Growth Rate CAGR |
CAGR of 9.8% from 2025 to 2034 |
|
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
|
Historic Year |
2021 to 2024 |
|
Forecast Year |
2025-2034 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Source of Protein, By Form, By Application, By Distribution Channel, By End-user, and By Region |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; Germany; The UK; France; Italy; Spain; Rest of Europe; China; Japan; India; South Korea; Southeast Asia; Rest of Asia Pacific; Brazil; Argentina; Mexico; Rest of Latin America; GCC Countries; South Africa; Rest of the Middle East and Africa |
|
Competitive Landscape |
Ingredion, Ajinomoto, DuPont, Genuine Health, Body Ecology, FIT-BioCeuticals, BASF, Jarrow Formulas, Sotru, Cargill, and PlantFusion |
|
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Geographic competitive landscape. |
|
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Fermented Plant Protein Market Snapshot
Chapter 4. Global Fermented Plant Protein Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2025-2034
4.8. Global Fermented Plant Protein Market Penetration & Growth Prospect Mapping (US$ Mn), 2024-2034
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2024)
4.10. Use/impact of AI on FERMENTED PLANT PROTEIN MARKET Industry Trends
Chapter 5. Fermented Plant Protein Market Segmentation 1: By Source of Protein, Estimates & Trend Analysis
5.1. Market Share by Source of Protein, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Source of Protein:
5.2.1. Legumes
5.2.2. Grains
5.2.3. Nuts and Seeds
5.2.4. Vegetables
5.2.5. Fermented Algae
5.2.6. Form of Protein Outlook
5.2.7. Powder
5.2.8. Granules
5.2.9. Ready-to-drink Beverages
5.2.10. Bars
5.2.11. Capsules
Chapter 6. Fermented Plant Protein Market Segmentation 2: By Application, Estimates & Trend Analysis
6.1. Market Share by Application, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Application:
6.2.1. Food & Beverages
6.2.2. Nutritional Supplements
6.2.3. Animal Feed
6.2.4. Cosmetic Products
6.2.5. Pharmaceuticals
Chapter 7. Fermented Plant Protein Market Segmentation 3: By End User Outlook, Estimates & Trend Analysis
7.1. Market Share by End User Outlook, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following End User Outlook:
7.2.1. Fitness Enthusiasts
7.2.2. Vegetarians and Vegans
7.2.3. Health-Conscious Consumers
7.2.4. Sports Nutrition
7.2.5. General Population
Chapter 8. Fermented Plant Protein Market Segmentation 4: By Distribution Channel, Estimates & Trend Analysis
8.1. Market Share by Distribution Channel, 2024 & 2034
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Distribution Channel:
8.2.1. Online Retail
8.2.2. Supermarkets and Hypermarkets
8.2.3. Health Food Stores
8.2.4. Specialty Stores
8.2.5. Direct Sales
Chapter 9. Fermented Plant Protein Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. Global Fermented Plant Protein Market, Regional Snapshot 2024 & 2034
9.2. North America
9.2.1. North America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.2.1.1. US
9.2.1.2. Canada
9.2.2. North America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Source of Protein, 2021-2034
9.2.3. North America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.2.4. North America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by End User Outlook, 2021-2034
9.2.5. North America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2021-2034
9.3. Europe
9.3.1. Europe Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.3.1.1. Germany
9.3.1.2. U.K.
9.3.1.3. France
9.3.1.4. Italy
9.3.1.5. Spain
9.3.1.6. Rest of Europe
9.3.2. Europe Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Source of Protein, 2021-2034
9.3.3. Europe Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.3.4. Europe Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by End User Outlook, 2021-2034
9.3.5. Europe Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2021-2034
9.4. Asia Pacific
9.4.1. Asia Pacific Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.4.1.1. India
9.4.1.2. China
9.4.1.3. Japan
9.4.1.4. Australia
9.4.1.5. South Korea
9.4.1.6. Hong Kong
9.4.1.7. Southeast Asia
9.4.1.8. Rest of Asia Pacific
9.4.2. Asia Pacific Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Source of Protein, 2021-2034
9.4.3. Asia Pacific Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.4.4. Asia Pacific Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by End User Outlook, 2021-2034
9.4.5. Asia Pacific Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2021-2034
9.5. Latin America
9.5.1. Latin America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
9.5.1.1. Brazil
9.5.1.2. Mexico
9.5.1.3. Rest of Latin America
9.5.2. Latin America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Source of Protein, 2021-2034
9.5.3. Latin America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.5.4. Latin America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by End User Outlook, 2021-2034
9.5.5. Latin America Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2021-2034
9.6. Middle East & Africa
9.6.1. Middle East & Africa Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
9.6.1.1. GCC Countries
9.6.1.2. Israel
9.6.1.3. South Africa
9.6.1.4. Rest of Middle East and Africa
9.6.2. Middle East & Africa Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Source of Protein, 2021-2034
9.6.3. Middle East & Africa Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
9.6.4. Middle East & Africa Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by End User Outlook, 2021-2034
9.6.5. Middle East & Africa Fermented Plant Protein Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2021-2034
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Ajinomoto
10.2.1.1. Business Overview
10.2.1.2. Key Product/Service
10.2.1.3. Financial Performance
10.2.1.4. Geographical Presence
10.2.1.5. Recent Developments with Business Strategy
10.2.2. DuPont
10.2.3. FIT-BioCeuticals
10.2.4. BASF
10.2.5. Cargill
10.2.6. Genuine Health
10.2.7. Body Ecology
10.2.8. Jarrow Formulas
10.2.9. Sotru
10.2.10. Ingredion
10.2.11. PlantFusion
Fermented Plant Protein Market by Source of Protein-
· Legumes
· Nuts and Seeds
· Vegetables
· Grains
· Fermented Algae
Fermented Plant Protein Market by Form-
· Granules
· Powder
· Ready-to-drink Beverages
· Capsules
· Bars
Fermented Plant Protein Market by Application-
· Food & Beverages
· Pharmaceuticals
· Nutritional Supplements
· Cosmetic Products
· Animal Feed
Fermented Plant Protein Market by Distribution Channel-
· Direct Sales
· Online Retail
· Supermarkets and Hypermarkets
· Specialty Stores
· Health Food Stores
Fermented Plant Protein Market by End-user-
· Sports Nutrition
· Fitness Enthusiasts
· Vegetarians and Vegans
· General Population
· Health-Conscious Consumers
Fermented Plant Protein Market by Region-
North America-
· The US
· Canada
Europe-
· Germany
· The UK
· France
· Italy
· Spain
· Rest of Europe
Asia-Pacific-
· China
· Japan
· India
· South Korea
· Southeast Asia
· Rest of Asia Pacific
Latin America-
· Brazil
· Argentina
· Mexico
· Rest of Latin America
Middle East & Africa-
· GCC Countries
· South Africa
· Rest of the Middle East and Africa
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
