Plant Derived Protein

Global Plant Derived Protein Market to Reach US$17.4 Billion by 2030

The global market for Plant Derived Protein estimated at US$13.7 Billion in the year 2024, is expected to reach US$17.4 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2024-2030. Plant Derived Protein Isolates, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$10.2 Billion by the end of the analysis period. Growth in the Plant Derived Protein Concentrates segment is estimated at 3.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.7 Billion While China is Forecast to Grow at 7.6% CAGR

The Plant Derived Protein market in the U.S. is estimated at US$3.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Global Plant Derived Protein Market – Key Trends & Drivers Summarized

What Is Triggering the Global Shift Toward Botanical Protein Sources?
The rise of plant derived protein as a viable alternative to animal-based protein is being driven by a confluence of health, environmental, and ethical concerns, reshaping dietary behaviors across developed and emerging economies. Increasing evidence linking red and processed meat consumption to cardiovascular diseases, cancer, and metabolic disorders has prompted consumers to explore plant-based options that deliver comparable protein content without associated health risks. Additionally, the environmental impact of livestock farming—including greenhouse gas emissions, water usage, and deforestation—has positioned plant derived proteins as a more sustainable nutritional source in the eyes of both consumers and policymakers.

This shift is being accelerated by the mainstreaming of vegan, flexitarian, and clean-label dietary patterns, particularly among millennials and Gen Z populations. Soy protein, pea protein, rice protein, and emerging sources such as mung bean, chickpea, fava bean, and hemp are now used across a wide range of products—from protein bars and dairy substitutes to plant-based meats and ready-to-drink beverages. These proteins are increasingly being optimized for digestibility, amino acid profile, and sensory properties, overcoming prior barriers related to taste, texture, and solubility. The evolution of processing technologies, such as dry and wet fractionation, is also improving the functional properties of plant protein isolates and concentrates, facilitating their incorporation into increasingly sophisticated food and nutraceutical formulations.

How Are Product Innovation and Functional Formulation Driving Adoption?
One of the most significant trends shaping the plant protein market is the convergence of food science, biotechnology, and ingredient engineering to create products that replicate the sensory experience of animal-based protein. Companies are leveraging advanced extrusion, hydrolysis, and fermentation techniques to improve the mouthfeel, emulsification, and foaming properties of plant-based proteins. These innovations are vital for applications in meat analogues, plant-based cheeses, egg substitutes, and even sports nutrition, where performance parity with animal proteins remains critical. Pea protein, in particular, has gained rapid market traction due to its allergen-free status, high protein content, and neutral flavor profile.

Functional attributes, such as slow digestion rate, satiety induction, and muscle recovery support, are being built into product narratives for health-conscious consumers. Additionally, bioactive peptides derived from plant protein hydrolysates are being explored for their potential anti-inflammatory, antioxidant, and blood pressure-lowering properties. Plant-based proteins are now featured in functional beverages, immune-boosting supplements, and medical nutrition formulations for seniors and chronically ill patients. These cross-sectoral applications are expanding the addressable market and pushing R&D into developing hybrid formulations that combine multiple plant proteins to create a complete amino acid profile without relying on soy or wheat.

Why Are Sustainability Metrics Reshaping Global Procurement and Labeling Strategies?
The growing emphasis on ESG compliance, carbon neutrality, and sustainable sourcing is influencing the entire plant derived protein supply chain—from farm to shelf. Consumer demand for transparency has led to the proliferation of third-party certifications such as non-GMO, organic, fair-trade, and regenerative agriculture-based sourcing. Brands are now integrating lifecycle assessment (LCA) data and environmental impact scores into product labels to differentiate themselves in a crowded marketplace. Retailers and foodservice chains are also shifting their procurement strategies to emphasize plant protein ingredients with verified sustainability credentials, further incentivizing supply chain reform among upstream producers.

The geographical shift in sourcing from traditional soybean-dominant regions like the U.S. and Brazil to diversified crops in Europe, Canada, and Asia-Pacific is reducing dependency on monocultures and improving biodiversity. Crop rotation and intercropping with legumes like lentils and chickpeas not only improve soil health but also enhance protein yield per hectare, making them appealing to climate-conscious regulators. Additionally, partnerships between food tech companies and agribusiness players are fostering localized value chains that reduce carbon emissions associated with long-distance transport. These initiatives are establishing plant protein as not just a consumer trend but a cornerstone of sustainable food system transformation.

What’s Fueling the Rapid Expansion of the Global Plant Derived Protein Market?
The growth in the global plant derived protein market is driven by several factors, including shifting consumer preferences, regulatory support for sustainable agriculture, and breakthroughs in food processing technologies. Increased demand for alternative proteins in flexitarian, vegetarian, and vegan diets is pushing manufacturers to launch a wide variety of plant-based products that cater to different culinary, nutritional, and cultural needs. Government subsidies, R&D grants, and dietary guidelines endorsing reduced animal protein consumption are creating favorable policy frameworks in North America, Europe, and increasingly in Asia-Pacific.

The entry of multinational food, beverage, and pharma companies into the plant protein sector is accelerating product innovation, global distribution, and mainstream consumer acceptance. Meanwhile, food security and resilience concerns—especially in light of pandemic-related supply chain disruptions—are prompting nations to invest in local plant protein production capacities. Improved ingredient functionality, coupled with scalable production of novel crops like duckweed, algae, and canola protein, is unlocking future growth avenues. With heightened investor interest, robust retail demand, and a strong sustainability narrative, plant derived proteins are no longer a niche offering but a foundational category reshaping global nutrition landscapes.

SCOPE OF STUDY:

The report analyzes the Plant Derived Protein market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Isolates, Concentrates, Textured); Source (Soy, Wheat, Pea); Nature (Conventional, Organic); Application (Food, Feed)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 35 Featured) -

• ADM (Archer Daniels Midland Company)
• AGT Food and Ingredients
• AMCO Proteins
• Axiom Foods, Inc.
• BENEO GmbH
• Burcon NutraScience Corporation
• Cargill, Incorporated
• Cosucra Groupe Warcoing SA
• DuPont de Nemours, Inc.
• Glanbia plc
• Ingredion Incorporated
• Kerry Group plc
• NOW Health Group, Inc.
• Puris Proteins
• Roquette Frères
• Shandong Jianyuan Group
• Südzucker AG
• Tate & Lyle plc
• The Scoular Company
• Wilmar International Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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