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Plant-based Protein Market Forecast, 2021- 2031

Plant-based Protein Market (Product Type: Soy Protein, Wheat Protein, Pea Protein, and Others; Form: Isolate, Concentrate, and Others; and Application: Supplements & Nutritional Powders, Beverages, Protein & Nutritional Bars, Bakery & Snacks, Breakfast Cereals, Meat Products, Dairy Products, Infant Nutrition, Animal Feed, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Plant-based Protein Market Outlook 2031

  • The global plant-based protein market is estimated to value US$ 13.1 Bn in 2021
  • It is projected to expand at a CAGR of 5.7% from 2021 to 2031
  • The global plant-based protein market is expected to surpass the value of US$ 22.7 Bn by the end of 2031

Analysts’ Viewpoint on Plant-based Protein Market Scenario

“The increasing focus of health-conscious consumer in finding alternatives for animal-based food is driving the demand for plant-based proteins. Product manufacturers are taking efforts to increase the production of plant-based proteins. There is a surging demand for such products after the coronavirus outbreak. The increasing popularity of veganism is accelerating the plant-based protein market in the Asia Pacific region. Small- and medium-scale product manufacturing companies are taking advantage of the growing trend of consuming plant-based food, and marking their presence in the global market. However, the high cost of plant-based protein products and little knowledge about their benefits are the major factors hammering market growth. Commonly occurring allergies due to consuming soy proteins also hinder the growth of the market.”

Increasing Demand Due to Rising Health Awareness During COVID-19

Consumers are more conscious about the food they eat after the spread of COVID-19 virus. Proteins are important ingredients for muscle strength. There is a surging demand for healthy food alternatives and plant-based proteins during the coronavirus pandemic. This will continue to drive the plant-based protein market. Increasing health awareness and importance of plant proteins for better immunity system fuel the demand for plant-based protein from consumers across the globe. Consumers are becoming aware of organic food alternatives that are natural and environment-friendly. Manufacturers of plant-based proteins are increasing their production capacity to fulfil the rising demand from consumers. People are consciously taking efforts to stay fit and healthy during the pandemic. Increasing government activities to promote plant proteins, along with rising popularity of these products are propelling the plant-based protein market.

global plant-based proteins market infographic

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Growing Trend of Veganism Fuel Demand for Plant-based Proteins

The rising popularity of vegan or vegetarian food is driving the demand for plant-based proteins. Plant-based proteins are likely to provide all essential nutrients required for your body, along with amino acids. Consumers are reducing their use of animal-based products and animal-based food such as milk, meat, meat products, etc. This factor is positively influencing the plant-based protein market.

With the growing trend of many consumers shifting toward veganism, there is an increasing demand for plant-based proteins to improve health and boost immunity. The dependency on animal-protein is reducing globally with the rising awareness of animal welfare in developing countries. Food habits are changing with rapid awareness about health & nutrition after the threatening effects of coronavirus pandemic.

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Rising Incidences of Obesity and Cardiovascular Diseases

The surging demand for nutritious food is due to increasing incidences of cardiovascular diseases, diabetes, hypertension, obesity, and other lifestyle diseases, among the global population, has changed the consumer preference toward vegan food. This factor is contributing to the plant-based protein market. Owing to rapid spread of the diseases transmitted from animals or insects, people are more prone to consume plant-based food. The growing vegan trend has led to an upsurge in manufacturer presence in the sector. Obesity is the leading cause of death in North America. Vegan diet or plant-based proteins are considered to reduce the risk of cancer, obesity, and cardiovascular diseases by enhancing the glucagon activity.

global plant-based proteins market segmentation

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Distribution Channels in Plant-based Protein Market

Increasing sales of plant-based proteins during coronavirus pandemic help product manufacturers to compete with top market players. Factors such as growing offline and online channels, development of the eCommerce industry, and rapidly expanding online businesses boost the sales of soy proteins, pea proteins, and wheat proteins. Companies in the plant-based protein market are developing innovative products to fulfil the demand for consumers. Manufacturers are increasing the availability for an innovative range of products in a variety of different forms. Supplements and nutritional powders are some of the most popular products among consumers. Various ongoing research activities in developing plant-based food products help grow the market exponentially. Manufacturers in the plant-based protein market are exploring opportunities in product quality and nutritional advantages. North America accounts for the largest share of the plant-based protein market due to increasing trend of taking dietary supplements, hectic lifestyles, and acceptance of plant-based products.

Plant-based Protein Market: Overview

  • South Asia and East Asia are among the major regions incurring the highest growth rate of 6.8% and 6.3%, respectively, in the regional segments of the market
  • In terms of product type, the soy protein accounts for the largest share of the global market, solely accounting for around 64.4% market value share and market value of US$ 8,433.4 Mn
  • In terms of application, animal feed segment accounts for the largest market share with a share of 27.8%, followed by the meat product segment with 25% market share
  • Plant-based proteins are natural source for protein. This acts as an opportunity for consumers inclining toward vegan or plant-based diet. Plant-based proteins are available widely through various access points and eCommerce stores that make it easier for consumers to acquire them according to requirements.

Plant-based Protein: Market Frontrunners

  • Health benefits of plant-based protein have driven key players to expand their product portfolio. Hence, the use of plant-based protein is increasing to add to the nutritional value.
  • Plant proteins can be further utilized in various food & beverage applications accompanied by novel research & development improvisation. New products can make up for the low score of plant protein opposed to animal/dairy proteins such as whey and meat.
  • The soy protein segment accounts for a significant revenue share of the global plant-based protein market, and is expected to register high growth rate during the forecast period
  • Plant-based proteins are sourced from various types such as soy, wheat, pea, and others. The pea protein segment is exhibiting significant market growth with a CAGR value of 6.9% during the forecast period.
  • According to research, the isolate segment is likely to expand at a value CAGR of 5.8% during the forecast period
  • North America is expected to dominate the global market followed by Europe. Together, both the regions capture more than 48.4% value share of the global market. However, South Asia and East Asia are expected to show significant market growth during the forecast period.

Plant-based Protein Market: Trends

  • Increasing use of alternative source of protein: Plant-based protein has become a best replacement of proteins such as whey protein, egg protein, and other proteins from animal sources. This demand for plant-based proteins has risen due to increasing vegan trend. Manufactures are introducing their innovative plant-based product by incorporating essential nutrients and eliminating the obnoxious additives and preservatives.
    • Pea protein is considered as a complete protein that can be used in a variety of egg-based foods such as pasta, vermicelli, cakes, and cookies. Moreover, food manufacturers in developed countries are introducing plant-based food ingredients to appeal to the vegan population, as consumption of animal-based protein may raise the rates of allergies.
    • According to the Centers for Disease Control and Prevention in the U.S., 12.2 million people have food allergy, with two-thirds of those having allergy with egg and egg-based products
  • Increasing use of plant- based protein by health conscious customers: Increasing incidence of health issues such as blood pressure, diabetes, and obesity is prompting consumers to maintain a healthy lifestyle. Therefore, they are more inclined toward consumption of dietary supplements and functional foods that contain plant-based proteins. Moreover, plant-based protein increases the intake of fiber, which prevents the risk of cardiovascular diseases and cancer. Additionally, plant-based proteins contain less-healthy compound found on animal-based meat, including saturated fats and cholesterol.
    • According to a survey published by the U.S. Department of Health & Human Services in 2021, more than 55% of the U.S. adults (aged 20 & above) consume at least one dietary supplement in a month, and the share of women taking dietary supplements is higher than that of men by approximately 13%
  • Rising trend of healthier and premium food options: The demand for healthy and premium alternatives such as smoothies, breakfast cereals, seeded bread, and other bakery items with natural components is growing; therefore, the trend of consuming natural energy foods is likely to continue gradually. Manufacturers are offering plant-based products in a wide range of varieties as customer preferences shift away from animal-based protein and toward plant-based products.

Plant-based Protein: Market Strategies

  • Manufacturers are focusing on increasing their presence to reach out to maximum number of consumers. Moreover, they are focusing on acquiring or partnering with different companies to increase their product portfolio.
  • In February 2017, Glambia Plc acquired two companies - Grass Advantage LLC and Body & Fit - protein ingredient manufacturers in the U.S. and the Netherlands, respectively. Both businesses have a strong strategic fit with Glanbia’s Performance Nutrition (GPN) division and will extend its reach to new consumers and channels.
  • In March 2017, Cargill started production of pea protein ingredients through partnership with World Food Processing, which is a multi-generation, family-owned business based in Oskaloosa, U.S., that has developed non-bioengineered/non-GMO pea seed varieties to minimize off-flavors.

Plant-based Protein Market: Key Players

  • Some of the key players in the market include
    • AGT Food & Ingredients, Inc
    • Batory Foods
    • Ag Processing Inc
    • Archer-Daniels Midland Co
    • Biopress S.A.S
    • Burcon Nutrascience Corporation
    • Cargill Inc.
    • CHS Inc
    • Cosucra Groupe Warcoing
    • Crown Soya Protein Group
    • Devansoy Inc.
    • E. I. DU PONT DE NEMOURS AND COMPANY
    • Fuji Oil Holdings Inc.
    • Glanbia plc
    • Gushen Group Co., Ltd.
    • Ingredion Inc.
    • ROQUETTE FRERES
    • Shandong Yuwang Ecological Food Industry Co., Ltd.
    • The Scoular Company
    • Wilmar International Ltd

Plant-based Protein Market Snapshot

Attribute

Detail

Market Size Value in 2021 (Base Year)

US$ 13.1 Bn

Market Forecast Value in 2031

US$ 22.7 Bn

Growth Rate (CAGR)

5.7%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value

Market Analysis

It includes segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porters Five Forces analysis, supply chain analysis, parent industry overview, etc.

Competition Landscape

  • Market Share Analysis by Company (2021)
  • Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) + Excel

Market Segmentation

  • Product Type
    • Soy Protein
    • Wheat Protein
    • Pea Protein
    • Others
  • Form
    • Isolate
    • Concentrate
    • Others
  • Application
    • Supplement & Nutritional Powder
    • Beverages
    • Protein & Nutritional Bars
    • Bakery & Snacks
    • Breakfast Cereals
    • Meat Products
    • Dairy Products
    • Infant Nutrition
    • Animal Feed
    • Others

Regions Covered

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle east & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • Turkey
  • Northern Africa
  • South Africa

Companies Profiled

  • AGT Food & Ingredients, Inc
  • Batory Foods.
  • Ag Processing Inc
  • Archer-Daniels Midland Co
  • Biopress S.A.S
  • Burcon Nutrascience Corporation
  • Cargill Inc.
  • CHS Inc
  • Cosucra Groupe Warcoing
  • Crown Soya Protein Group
  • Devansoy Inc.
  • E. I. DU PONT DE NEMOURS AND COMPANY
  • Fuji Oil Holdings Inc.
  • Glanbia plc
  • Gushen Group Co., Ltd.
  • Ingredion Inc.
  • ROQUETTE FRERES
  • Shandong Yuwang Ecological Food Industry Co., Ltd.
  • The Scoular Company
  • Wilmar International Ltd.

Customization Scope

Available upon Request

Pricing

Available upon Request

Plant-based Protein Market – Segmentation

TMR’s study on the plant-based protein market offers information divided into important segments — product type, form, application, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Product Type
  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Others
Form
  • Isolate
  • Concentrate
  • Others
Application
  • Supplements & Nutritional Powders
  • Beverages
  • Protein & Nutritional Bars
  • Bakery & Snacks
  • Breakfast Cereals
  • Meat Products
  • Dairy Products
  • Infant Nutrition
  • Animal Feed
  • Others
Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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Frequently Asked Questions

What is the Plant-based Protein Market Size?

Plant-based Protein Market is expected to Reach US$ 22.7 Bn By 2031

What is the CAGR for Plant-based Protein Market?

Plant-based Protein Market is estimated to rise at a CAGR of 5.6% during forecast period

What are the key factors driving the growth of Plant-based Protein Market?

Increase in demand for natural and organic products is expected to drive the Plant-based Protein Market

Which region is more attractive for vendors in the Plant-based Protein Market?

Asia Pacific is more attractive for vendors in the Plant-based Protein Market

Who are the key players in the Plant-based Protein Market?

Key players of Plant-based Protein Market are AGT Food & Ingredients, Inc, Batory Foods, Ag Processing Inc, Archer-Daniels Midland Co, Biopress S.A.S, Burcon Nutrascience Corporation, Cargill Inc, CHS Incm, Cosucra Groupe Warcoing, Crown Soya Protein Group, Devansoy Inc, E. I. DU PONT DE NEMOURS AND COMPANY, Fuji Oil Holdings Inc, Glanbia plc, Gushen Group Co., Ltd, Ingredion Inc., ROQUETTE FRERES, Shandong Yuwang Ecological Food Industry Co., Ltd., The Scoular Company, Wilmar International Ltd

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

5. Global Plant-based Protein Market Demand Analysis 2016–2020 and Forecast, 2021–2031

    5.1. Historical Market Volume (in Metric Tons) Analysis, 2016–2020

    5.2. Current and Future Market Volume (in Metric Tons) Projections, 2021–2031

6. Global Plant-based Protein Market - Pricing Analysis

    6.1. Regional Pricing Analysis

    6.2. Global Average Pricing Analysis Benchmark

7. Global Plant-based Protein Market Demand Value (US$ Mn) Analysis 2016–2020 and Forecast, 2021–2031

    7.1. Historical Market Value (US$ Mn) Analysis, 2016–2020

    7.2. Current and Future Market Value (US$ Mn) Projections, 2021–2031

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP Growth Outlook

        8.1.2. Global Industry Value Added

        8.1.3. Global Urbanization Growth Outlook

        8.1.4. Global Food Security Index Outlook

        8.1.5. Global Rank – Ease of Doing Business

        8.1.6. Global Rank – Trading Across Borders

    8.2. Impact of COVID-19 on Animal Feed Industry Market

        8.2.1. Manufacturer/Processors

        8.2.2. Supply Chain and Logistics

        8.2.3. Wholesalers/Traders

        8.2.4. Retailers

    8.3. Impact of COVID-19 on Beverage Industry

    8.4. COVID-19 Risk Assessment/Impact

    8.5. Global Animal Feed Industry Outlook

    8.6. Global Beverage Industry Outlook

    8.7. Products offered by Key Players

    8.8. End User Industry Demand Analysis

    8.9. Key Certifications/Claims

    8.10. Key Regulations

    8.11. Market Dynamics

        8.11.1. Drivers

        8.11.2. Restraints

        8.11.3. Opportunity Analysis

    8.12. Forecast Factors - Relevance & Impact

9. Global Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031, By Product Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Value (US$ Mn) and Volume (in Metric Tons) Analysis By Product Type, 2016–2020

    9.3. Current and Future Market Value (US$ Mn) and Volume (in Metric Tons) Analysis and Forecast By Product Type, 2021–2031

        9.3.1. Soy Protein

        9.3.2. Wheat Protein

        9.3.3. Pea Protein

        9.3.4. Others

    9.4. Market Attractiveness Analysis By Product Type

10. Global Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031, By Form

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Analysis By Form, 2016–2020

    10.3. Current and Future Market Size (US$ Mn) and Volume (in Metric Tons) Analysis and Forecast By Form, 2021–2031

        10.3.1. Isolate

        10.3.2. Concentrate

        10.3.3. Others

    10.4. Market Attractiveness Analysis By Form

11. Global Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031, By Application

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Analysis By Application, 2016–2020

    11.3. Current and Future Market Size (US$ Mn) and Volume (in Metric Tons) Analysis and Forecast By Application, 2021–2031

        11.3.1. Supplements & Nutritional Powders

        11.3.2. Beverages

        11.3.3. Protein & Nutritional Powders

        11.3.4. Bakery & Snacks

        11.3.5. Breakfast Cereals

        11.3.6. Meat Products

        11.3.7. Dairy Products

        11.3.8. Infant Nutrition

        11.3.9. Animal Feed

        11.3.10. Others

    11.4. Market Attractiveness Analysis By Application

12. Global Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031, by Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Analysis By Region, 2016–2020

    12.3. Current Market Size (US$ Mn) and Volume (in Metric Tons) Analysis and Forecast By Region, 2021–2031

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia

        12.3.6. Oceania

        12.3.7. Middle East and Africa (MEA)

    12.4. Market Attractiveness Analysis By Region

13. North America Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Trend Analysis By Market Taxonomy, 2016–2020

    13.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        13.3.1. By Country

            13.3.1.1. U.S.

            13.3.1.2. Canada

        13.3.2. By Product Type

        13.3.3. By Form

        13.3.4. By Application

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Product Type

        13.4.3. By Form

        13.4.4. By Application

    13.5. Drivers and Restraints - Impact Analysis

14. Latin America Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Volume Trend Analysis By Market Taxonomy, 2016–2020

    14.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        14.3.1. By Country

            14.3.1.1. Brazil

            14.3.1.2. Mexico

            14.3.1.3. Rest of Latin America

        14.3.2. By Product Type

        14.3.3. By Form

        14.3.4. By Application

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Product Type

        14.4.3. By Form

        14.4.4. By Application

    14.5. Drivers and Restraints - Impact Analysis

15. Europe Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Trend Analysis By Market Taxonomy, 2016–2020

    15.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        15.3.1. By Country

            15.3.1.1. Germany

            15.3.1.2. Italy

            15.3.1.3. France

            15.3.1.4. U.K.

            15.3.1.5. Spain

            15.3.1.6. BENELUX

            15.3.1.7. Nordic

            15.3.1.8. Russia

            15.3.1.9. Poland

            15.3.1.10. Rest of Europe

        15.3.2. By Product Type

        15.3.3. By Form

        15.3.4. By Application

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Product Type

        15.4.3. By Form

        15.4.4. By Application

    15.5. Drivers and Restraints - Impact Analysis

16. South Asia Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Trend Analysis By Market Taxonomy, 2016–2020

    16.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        16.3.1. By Country

            16.3.1.1. India

            16.3.1.2. Thailand

            16.3.1.3. Indonesia

            16.3.1.4. Malaysia

            16.3.1.5. Rest of South Asia

        16.3.2. By Product Type

        16.3.3. By Form

        16.3.4. By Application

    16.4. Market Attractiveness Analysis

        16.4.1. By Country

        16.4.2. By Product Type

        16.4.3. By Form

        16.4.4. By Application

    16.5. Drivers and Restraints - Impact Analysis

17. East Asia Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Trend Analysis By Market Taxonomy, 2016–2020

    17.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        17.3.1. By Country

            17.3.1.1. China

            17.3.1.2. Japan

            17.3.1.3. South Korea

        17.3.2. By Product Type

        17.3.3. By Form

        17.3.4. By Application

    17.4. Market Attractiveness Analysis

        17.4.1. By Country

        17.4.2. By Product Type

        17.4.3. By Form

        17.4.4. By Application

    17.5. Drivers and Restraints - Impact Analysis

18. Oceania Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    18.1. Introduction

    18.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Trend Analysis By Market Taxonomy, 2016–2020

    18.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        18.3.1. By Country

            18.3.1.1. Australia

            18.3.1.2. New Zealand

        18.3.2. By Product Type

        18.3.3. By Form

        18.3.4. By Application

    18.4. Market Attractiveness Analysis

        18.4.1. By Country

        18.4.2. By Product Type

        18.4.3. By Form

        18.4.4. By Application

    18.5. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Plant-based Protein Market Analysis 2016–2020 and Forecast 2021–2031

    19.1. Introduction

    19.2. Historical Market Size (US$ Mn) and Volume (in Metric Tons) Trend Analysis By Market Taxonomy, 2016–2020

    19.3. Market Size (US$ Mn) and Volume (in Metric Tons) Forecast By Market Taxonomy, 2021–2031

        19.3.1. By Country

            19.3.1.1. GCC Countries

            19.3.1.2. Turkey

            19.3.1.3. South Africa

            19.3.1.4. Rest of Middle East and Africa

        19.3.2. By Product Type

        19.3.3. By Form

        19.3.4. By Application

    19.4. Market Attractiveness Analysis

        19.4.1. By Country

        19.4.2. By Product Type

        19.4.3. By Form

        19.4.4. By Application

    19.5. Drivers and Restraints - Impact Analysis

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies

    20.2. Market Concentration

    20.3. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Deep Dive

        21.2.1. AGT Food & Ingredients, Inc.

            21.2.1.1. Overview

            21.2.1.2. Product Portfolio

            21.2.1.3. Sales Footprint

            21.2.1.4. Key Developments

            21.2.1.5. Strategy Overview

        21.2.2. Batory Foods.

            21.2.2.1. Overview

            21.2.2.2. Product Portfolio

            21.2.2.3. Sales Footprint

            21.2.2.4. Key Developments

            21.2.2.5. Strategy Overview

        21.2.3. Ag Processing Inc.

            21.2.3.1. Overview

            21.2.3.2. Product Portfolio

            21.2.3.3. Sales Footprint

            21.2.3.4. Key Developments

            21.2.3.5. Strategy Overview

        21.2.4. Archer-Daniels Midland Co

            21.2.4.1. Overview

            21.2.4.2. Product Portfolio

            21.2.4.3. Sales Footprint

            21.2.4.4. Key Developments

            21.2.4.5. Strategy Overview

        21.2.5. Biopress S.A.S

            21.2.5.1. Overview

            21.2.5.2. Product Portfolio

            21.2.5.3. Sales Footprint

            21.2.5.4. Key Developments

            21.2.5.5. Strategy Overview

        21.2.6. Burcon Nutrascience Corporation

            21.2.6.1. Overview

            21.2.6.2. Product Portfolio

            21.2.6.3. Sales Footprint

            21.2.6.4. Key Developments

            21.2.6.5. Strategy Overview

        21.2.7. Cargill Inc.

            21.2.7.1. Overview

            21.2.7.2. Product Portfolio

            21.2.7.3. Sales Footprint

            21.2.7.4. Key Developments

            21.2.7.5. Strategy Overview

        21.2.8. CHS Inc

            21.2.8.1. Overview

            21.2.8.2. Product Portfolio

            21.2.8.3. Sales Footprint

            21.2.8.4. Key Developments

            21.2.8.5. Strategy Overview

        21.2.9. Cosucra Groupe Warcoing

            21.2.9.1. Overview

            21.2.9.2. Product Portfolio

            21.2.9.3. Sales Footprint

            21.2.9.4. Key Developments

            21.2.9.5. Strategy Overview

        21.2.10. Crown Soya Protein Group

            21.2.10.1. Overview

            21.2.10.2. Product Portfolio

            21.2.10.3. Sales Footprint

            21.2.10.4. Key Developments

            21.2.10.5. Strategy Overview

        21.2.11. Devansoy Inc.

            21.2.11.1. Overview

            21.2.11.2. Product Portfolio

            21.2.11.3. Sales Footprint

            21.2.11.4. Key Developments

            21.2.11.5. Strategy Overview

        21.2.12. E. I. DU PONT DE NEMOURS AND COMPANY

            21.2.12.1. Overview

            21.2.12.2. Product Portfolio

            21.2.12.3. Sales Footprint

            21.2.12.4. Key Developments

            21.2.12.5. Strategy Overview

        21.2.13. Fuji Oil Holdings Inc.

            21.2.13.1. Overview

            21.2.13.2. Product Portfolio

            21.2.13.3. Sales Footprint

            21.2.13.4. Key Developments

            21.2.13.5. Strategy Overview

        21.2.14. Glanbia plc

            21.2.14.1. Overview

            21.2.14.2. Product Portfolio

            21.2.14.3. Sales Footprint

            21.2.14.4. Key Developments

            21.2.14.5. Strategy Overview

        21.2.15. Gushen Group Co., Ltd.

            21.2.15.1. Overview

            21.2.15.2. Product Portfolio

            21.2.15.3. Sales Footprint

            21.2.15.4. Key Developments

            21.2.15.5. Strategy Overview

        21.2.16. Ingredion Inc.

            21.2.16.1. Overview

            21.2.16.2. Product Portfolio

            21.2.16.3. Sales Footprint

            21.2.16.4. Key Developments

            21.2.16.5. Strategy Overview

        21.2.17. ROQUETTE FRERES

            21.2.17.1. Overview

            21.2.17.2. Product Portfolio

            21.2.17.3. Sales Footprint

            21.2.17.4. Key Developments

            21.2.17.5. Strategy Overview

        21.2.18. Shandong Yuwang Ecological Food Industry Co., Ltd.

            21.2.18.1. Overview

            21.2.18.2. Product Portfolio

            21.2.18.3. Sales Footprint

            21.2.18.4. Key Developments

            21.2.18.5. Strategy Overview

        21.2.19. The Scoular Company

            21.2.19.1. Overview

            21.2.19.2. Product Portfolio

            21.2.19.3. Sales Footprint

            21.2.19.4. Key Developments

            21.2.19.5. Strategy Overview

        21.2.20. Wilmar International Ltd.

            21.2.20.1. Overview

            21.2.20.2. Product Portfolio

            21.2.20.3. Sales Footprint

            21.2.20.4. Key Developments

            21.2.20.5. Strategy Overview

        21.2.21. Others (Available on Request)

22. Assumptions and Acronyms Used

23. Research Methodology

List of Tables

Table 01: Global Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Product Type, 2016-2031

Table 02: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Product Type, 2016-2031

Table 03: Global Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 04: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 05: Global Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 06: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 07: Global Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Region, 2016-2031

Table 08: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Region, 2016-2031

Table 09: Global Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Product Type, 2016-2031

Table 10: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Type, 2016-2031

Table 11: North America Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 12: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 13: North America Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 14: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 15: North America Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 16: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

Table 17: Latin America Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 18: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 19: Latin America Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 20: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 21: Latin America Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 22: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

Table 23: Europe Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 24: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 25: Europe Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 26: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 27: Europe Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 28: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

Table 29: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 30: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 31: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 32: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 33: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 34: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

Table 35: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 36: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 37: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 38: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 39: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 40: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

Table 41: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 42: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 43: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 44: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 45: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 46: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

Table 47: Middle East and Africa Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Form, 2016-2031

Table 48: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Form, 2016-2031

Table 49: Middle East and Africa Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Application, 2016-2031

Table 50: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Application, 2016-2031

Table 51: Middle East and Africa Plant-Based Protein Market Value (US$ Mn) Analysis and Forecast by Country, 2016-2031

Table 52: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis and Forecast by Country, 2016-2031

List of Figures

Figure 01: Global Plant-Based Protein Market Value (US$ Mn) Forecast, 2021–2031

Figure 02: Global Plant-Based Protein Market Volume (MT) Forecast, 2021–2031

Figure 03: Global Plant-Based Protein Market Value Share Analysis by Product Type, 2021 E

Figure 04: Global Plant-Based Protein Market Y-o-Y Growth Rate by Product Type, 2021-2031

Figure 05: Global Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Product Type, 2021–2031

Figure 06: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Product Type, 2021–2031

Figure 07: Global Plant-Based Protein Market Value Share Analysis by Form, 2021 E

Figure 08: Global Plant-Based Protein Market Y-o-Y Growth Rate by Form, 2021-2031

Figure 09: Global Animal Feed Additive Market Value (US$ Mn) Analysis & Forecast by Form, 2021–2031

Figure 10: Global Animal Feed Additive Market Volume (in Metric Tons) Analysis & Forecast by Form, 2021–2031

Figure 11: Global Plant-Based Protein Market Value Share Analysis by Application, 2021 E

Figure 12: Global Plant-Based Protein Market Y-o-Y Growth Rate by Application, 2021-2031

Figure 13: Global Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 14: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 15: Global Plant-Based Protein Market Value Share Analysis by Region, 2021 E

Figure 16: Global Plant-Based Protein Market Y-o-Y Growth Rate by Region, 2021-2031

Figure 17: Global Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Region, 2021–2031

Figure 18: Global Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Region, 2021–2031

Figure 19: Global Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 20: Global Plant-Based Protein Market Attractiveness Analysis by Form, 2021-2031

Figure 21: Global Plant-Based Protein Market Attractiveness Analysis by Application, 2021-2031

Figure 22: Global Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 23: North America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast By Type, 2021–2031

Figure 24: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 25: North America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 26: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 27: North America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 28: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 29: North America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 30: North America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 31: North America Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 32: North America Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 33: North America Plant-Based Protein Market Attractiveness Analysis by Application, 2021-2031

Figure 34: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 35: Latin America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 36: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 37: Latin America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 38: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 39: Latin America Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 40: Latin America Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 41: Latin America Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 42: Latin America Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 43: Latin America Plant-Based Protein Market Attractiveness Analysis by Application, 2021-2031

Figure 44: Europe Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast By Type, 2021–2031

Figure 45: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 46: Europe Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 47: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 48: Europe Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 49: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 50: Europe Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 51: Europe Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 52: Europe Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 53: Europe Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 54: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast By Type, 2021–2031

Figure 55: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 56: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 57: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 58: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 59: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 60: South Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 61: South Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 62: South Asia Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 63: South Asia Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 64: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast By Type, 2021–2031

Figure 65: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 66: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 67: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 68: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 69: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 70: East Asia Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 71: East Asia Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 72: East Asia Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 73: East Asia Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 74: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast By Type, 2021–2031

Figure 75: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 76: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 77: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 78: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 79: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 80: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 81: Oceania Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 82: Oceania Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 83: Oceania Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

Figure 84: Oceania Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast By Type, 2021–2031

Figure 85: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast By Type, 2021–2031

Figure 86: Middle East and Africa Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Type, 2021–2031

Figure 87: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Type, 2021–2031

Figure 88: Middle East and Africa Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Application, 2021–2031

Figure 89: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Application, 2021–2031

Figure 90: Middle East and Africa Plant-Based Protein Market Value (US$ Mn) Analysis & Forecast by Country, 2021–2031

Figure 91: Middle East and Africa Plant-Based Protein Market Volume (in Metric Tons) Analysis & Forecast by Country, 2021–2031

Figure 92: Middle East and Africa Plant-Based Protein Market Attractiveness Analysis by Region, 2021-2031

Figure 93: Middle East and Africa Plant-Based Protein Market Attractiveness Analysis by Type, 2021-2031

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