Plant-based Protein Market Size, Share & Trends Analysis Report By Source (Soy, Wheat, Pea, Others), By Type (Isolates, Concentrates, Textured), By Form (Dry, Liquid), By Deployment Mode, By Region, And By Segment Forecasts, 2025-2034

Report Id: 1118 Pages: 170 Last Updated: 18 April 2025 Format: PDF / PPT / Excel / Power BI
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Global Plant-based Protein Market Segmentation:

Global Plant-based Protein Market by Source

  • Soy
  • Wheat
  • Pea
  • Others

plant based protein

Global Plant-based Protein Market by Type

  • Isolates
  • Concentrates
  • Textured

Global Plant-based Protein Market by Form

  • Dry
  • Liquid

Global Plant-based Protein Market by Deployment Mode

  • Foods and Beverage
  • Animal Feed
  • Nutrition and Health Supplements
  • Pharmaceuticals

Global Plant-based Protein Market Based on Region

Europe

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America

  • U.S.
  • Canada

Asia Pacific

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Plant-based Protein Market Snapshot

Chapter 4. Global Plant-based 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. Industry Analysis – Porter’s Five Forces Analysis

4.7. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Source Estimates & Trend Analysis

5.1. By Source & Market Share, 2024 & 2034

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Source:

5.2.1. Soy

5.2.2. Wheat

5.2.3. Pea

5.2.4. Others

Chapter 6. Market Segmentation 2:  By Type Estimates & Trend Analysis

6.1.  By Type & Market Share, 2024 & 2034

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following  By Type:

6.2.1. Isolates

6.2.2. Concentrates

6.2.3. Textured

Chapter 7. Market Segmentation 3: By Form Estimates & Trend Analysis

7.1. By Form & Market Share, 2024 & 2034

7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Form:

7.2.1. Dry

7.2.2. Liquid

Chapter 8. Market Segmentation 4: By Deployment Mode Estimates & Trend Analysis

8.1. By Deployment Mode & Market Share, 2024 & 2034

8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Deployment Mode:

8.2.1. Foods and Beverage

8.2.2. Animal Feed

8.2.3. Nutrition and Health Supplements

8.2.4. Pharmaceuticals

Chapter 10. Plant-based Protein Market Segmentation : Regional Estimates & Trend Analysis

10.1. North America

10.1.1. North America Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Source, 2021 - 2034

10.1.2. North America Plant-based Protein Market revenue (US$ Million) estimates and forecasts  By Type, 2021 - 2034

10.1.3. North America Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Form, 2021 - 2034

10.1.4. North America Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Deployment Mode, 2021 - 2034

10.1.5. North America Plant-based Protein Market revenue (US$ Million) estimates and forecasts by country, 2021 - 2034

10.2. Europe

10.2.1. Europe Plant-based Protein Market revenue (US$ Million) By Source, 2021 - 2034

10.2.2. Europe Plant-based Protein Market revenue (US$ Million)  By Type, 2021 - 2034

10.2.3. Europe Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Form, 2021 - 2034

10.2.4. Europe Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Deployment Mode, 2021 - 2034

10.2.5. Europe Plant-based Protein Market revenue (US$ Million) by country, 2021 - 2034

10.3. Asia Pacific

10.3.1. Asia Pacific Plant-based Protein Market revenue (US$ Million) By Source, 2021 - 2034

10.3.2. Asia Pacific Plant-based Protein Market revenue (US$ Million)  By Type, 2021 - 2034

10.3.3. Asia Pacific Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Form, 2021 - 2034

10.3.4. Asia Pacific Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Deployment Mode, 2021 - 2034

10.3.5. Asia Pacific Plant-based Protein Market revenue (US$ Million) by country, 2021 - 2034

10.4. Latin America

10.4.1. Latin America Plant-based Protein Market revenue (US$ Million) By Source, (US$ Million) 2021 - 2034

10.4.2. Latin America Plant-based Protein Market revenue (US$ Million)  By Type, (US$ Million) 2021 - 2034

10.4.3. Latin America Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Form, 2021 - 2034

10.4.4. Latin America Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Deployment Mode, 2021 - 2034

10.4.5. Latin America Plant-based Protein Market revenue (US$ Million) by country, (US$ Million) 2021 - 2034

10.5. Middle East & Africa

10.5.1. Middle East & Africa Plant-based Protein Market revenue (US$ Million) By Source, (US$ Million) 2021 - 2034

10.5.2. Middle East & Africa Plant-based Protein Market revenue (US$ Million)  By Type, (US$ Million) 2021 - 2034

10.5.3. Middle East & Africa Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Form, 2021 - 2034

10.5.4. Middle East & Africa Plant-based Protein Market revenue (US$ Million) estimates and forecasts By Deployment Mode, 2021 - 2034

10.5.5. Middle East & Africa Plant-based Protein Market revenue (US$ Million) by country, (US$ Million) 2021 - 2034

Chapter 11. Competitive Landscape

11.1. Major Mergers and Acquisitions/Strategic Alliances

11.2. Company Profiles

11.2.1. Archer Daniels Midland Company

11.2.2. DSM

11.2.3. E.I. Dupont De Nemours and Company

11.2.4. Kerry Group

11.2.5. Cargill Inc.

11.2.6. Glanbia plc.

11.2.7. Wilmar International

11.2.8. Emsland Group

11.2.9. Puris

11.2.10. Cosucra Group

11.2.11. AMCO Proteins Company

11.2.12. Batory Foods

11.2.13. Roquette Freres

11.2.14. Ingredion Inc.

11.2.15. Burcon Nutracience

11.2.16. Sotexpro

11.2.17. AGT Food & Ingredients

11.2.18. Beneo

11.2.19. Prolupin Gmbh

11.2.20. Aminola

11.2.21. Herblink Biotech Corporation

11.2.22. ET Chem

11.2.23. Shandong Jianyuan Group

11.2.24. The Greenlans LLC

11.2.25. Parabel

11.2.26. Corbion NV

11.2.27. Danone

11.2.28. Farbest Brands

11.2.29. Axiom Foods Inc.

11.2.30. NOW Foods

11.2.31. Tate & Lyle Plc

11.2.32. Crespel & Deiters GmbH & Co. KG

11.2.33. CHS Inc.

11.2.34. Other Prominent Players

Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Global Plant-based Protein Market Size is valued at USD 15.0 Billion in 2024 and is predicted to reach USD 29.8 Billion by the year 2034

Global Plant-based Protein Market is expected to grow at an 7.2% CAGR during the forecast period for 2025-2034.

Archer Daniels Midland Company , DSM, E.I. Dupont De Nemours and Company , Kerry Group , Cargill Inc., Glanbia plc., Wilmar International, and others

Source, Type, Form and Deployment Mode are the key segments of the Plant-based Protein Market.

North America region is leading the Plant-based Protein Market.
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