The plant protein market is expected to grow from US$20.376 billion in 2025 to US$31.591 billion in 2030, at a CAGR of 9.17%.
The word "protein" is derived from the Greek adjective "of paramount importance," "proteins." It is the primary component of our body and is utilized to create things like muscles, tendons, organs, and skin, in addition to microscopic molecules like neurotransmitters, enzymes, and hormones. Plants are superior protein sources since they frequently have fewer calories and negative impacts than animal products. Plants rich in protein include lentils, broccoli, spinach, quinoa, green peas, chickpeas, hemp seeds, etc.
The demand for proteins is rising in response to the expanding population, and traditional animal sources are now unable to meet this demand. As a result of the limited availability of animal sources of protein due to the growing population, the plant protein market size will expand. Along with the rising prevalence of sensitivities to animal proteins, the market will rise as more customers choose vegan and plant-based diets. Additionally, sustainable plant protein sources and health-conscious trends drive demand. Additionally, the market demand will be fueled by changing lifestyles and an unbalanced diet. As a result, research and development are being done on substitute protein sources, such as plant proteins.
By source, the plant protein market is segmented into pea, rapeseed, soy, hempseed, and other sources. High-quality pea protein is frequently used to boost the protein content of shakes and smoothies. Soy protein provides all essential amino acids that can help avoid diabetes, obesity, and cancer. Soy protein market trends show increased adoption in vegan products. Additionally beneficial during pregnancy, soya beans have a positive impact on postmenopausal women's bone and calcium balance.
By form, the plant protein market is segmented as protein concentrates, protein isolates, and protein hydrolysates. The least processed protein powder is protein concentrate. Protein isolate is a form of protein that has undergone additional processing to remove fat, lactose, gluten, and other undesirable components, making it easily digested. The most processed form of protein is protein hydrolysate, which also absorbs more quickly for quick and efficient digestion.
The market is divided into categories based on application, including animal feeds, food and beverages, pharmaceuticals, and dietary supplements. Cakes, snack bars, and shakes are just a few foods and drinks that include protein. Plant protein for animal feed is gaining traction as a sustainable alternative. Due to protein's many advantages and the growing public interest in health and fitness, its use is expanding quickly.
The plant protein market is divided into online and offline segments based on the distribution channel. With the development of technology and people's hectic schedules, internet distribution channels have made it easier for people to purchase goods when it is convenient for them. Online plant protein suppliers cater to this trend. For those who like to purchase a thing only after careful examination and personal questioning, an offline store is an excellent option.
The plant protein market is experiencing robust global growth, segmented into North America, South America, Europe, the Middle East and Africa (MEA), and Asia-Pacific. Driven by consumer awareness, health trends, and sustainability, the market is expanding across diverse regions, with plant-based proteins like soy, pea, and wheat protein gaining traction.
North America is poised for significant growth, fueled by rising consumer awareness of plant-based diets and substantial investments in food innovation. The United States and Canada lead due to high demand for vegan protein products, driven by health-conscious consumers and environmental concerns. According to the Plant Based Foods Association, U.S. retail sales of plant-based foods reached $8 billion in 2024, reflecting a 6.6% growth from the previous year (Plant Based Foods Association, 2024). Retail expansion and product innovation in plant protein supplements and meat alternatives further boost the market.
Europe follows closely, with government support promoting reduced meat consumption to achieve sustainability goals. Countries like Germany, the Netherlands, and the UK are key markets, driven by EU policies encouraging plant-based diets and low-carbon food systems. European consumers favor pea protein and oat protein for their nutritional benefits, supporting market growth.
Asia-Pacific is witnessing a surge in demand due to shifting dietary habits and increasing preference for high-protein diets. China, India, and Japan drive growth, supported by urbanization, rising disposable incomes, and health awareness. South America and MEA are emerging markets, fueled by plant-based food trends and agricultural advancements. Challenges like production costs persist, but sustainable sourcing and technological advancements mitigate these issues. The plant protein market thrives on vegan trends, health benefits, and regional initiatives, with North America, Europe, and Asia-Pacific leading.
April 2022: Cargill is increasing the availability of RadiPure® pea protein across the Middle East, Turkey, Africa (META), and India in an effort to support the growing trend of customers who want to include more plant-based meals in their diets. In terms of functionality, RadiPure® pea protein offers the solubility and flavor profile that clients require for the creation of food applications. Pea protein market growth is driven by its use in vegan and vegetarian solutions.
Pea protein is a wise choice for a variety of applications, including dairy and dairy alternatives, snacks, bakery, plant-based meat replacements, and vegan and vegetarian solutions because of its emulsifying, viscosifying, and gelation qualities. Due to its great amino acid composition and good digestion, pea protein is well-regarded nutritionally. RadiPure® brand from Cargill has a minimum protein content of 80%. For a full protein profile, it can be coupled with other plant-based proteins.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Plant Protein Market Size in 2025 | US$20.376 billion |
| Plant Protein Market Size in 2030 | US$31.591 billion |
| Growth Rate | CAGR of 9.17% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Plant Protein Market |
|
| Customization Scope | Free report customization with purchase |
The plant protein market is analyzed into the following segments: