Global Plant Protein Ingredients Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Wheat, Soy, Pea, Rice, and Others.

By Application;

Sports Nutrition, Clinical Nutrition, Infant Nutrition, Bakery, Fortified Food & Beverages, and Functional Food & Beverages.

By End Users ;

Nutraceutical & Dietary Supplement Industry and Sports & Fitness Industry.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn212857241 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Plant Protein Ingredients Market (USD Million), 2021 - 2031

In the year 2024, the Global Plant Protein Ingredients Market was valued at USD 7,859.30 million. The size of this market is expected to increase to USD 12,954.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.

The Global Plant Protein Ingredients Market is a dynamic sector within the food and beverage industry, driven by increasing consumer demand for sustainable and plant-based protein sources. These ingredients are derived from various plant sources such as soy, pea, wheat, and canola, among others, offering a viable alternative to traditional animal-based proteins. With growing awareness of health benefits associated with plant-based diets, including reduced cholesterol and lower risk of heart disease, the market for plant protein ingredients has witnessed significant growth. Manufacturers are innovating to enhance the nutritional profile and functional properties of these ingredients, catering to diverse applications in bakery, beverages, snacks, and dietary supplements.

Key factors influencing the market include shifting dietary preferences towards vegan and vegetarian lifestyles, supported by concerns over animal welfare and environmental sustainability. This trend is fostering investments in research and development, aimed at improving taste, texture, and nutritional quality of plant protein ingredients. Furthermore, regulatory support for clean label products and increasing availability through retail channels and online platforms are driving market expansion globally. As consumer demand continues to evolve, the Global Plant Protein Ingredients Market is poised for robust growth, offering opportunities for stakeholders across the value chain to capitalize on the burgeoning market for plant-based nutrition.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Plant Protein Ingredients Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Vegan and Vegetarian Products
        2. Health and Wellness Trends
        3. Technological Advancements in Ingredient Extraction
      2. Restraints
        1. Higher Cost Compared to Conventional Proteins
        2. Challenges in Taste and Texture
        3. Supply Chain Vulnerabilities
      3. Opportunities
        1. Expansion of Product Applications
        2. Emerging Markets
        3. Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Plant Protein Ingredients Market, By Type, 2021 - 2031 (USD Million)
      1. Wheat
      2. Soy
      3. Pea
      4. Rice
      5. Others
    2. Global Plant Protein Ingredients Market, By Application, 2021 - 2031 (USD Million)
      1. Sports Nutrition
      2. Clinical Nutrition
      3. Infant Nutrition
      4. Bakery
      5. Fortified Food & Beverages
      6. Functional Food & Beverages
    3. Global Plant Protein Ingredients Market, By End Users, 2021 - 2031 (USD Million)
      1. Nutraceutical & Dietary Supplement Industry
      2. Sports & Fitness Industry
    4. Global Plant Protein Ingredients Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cargill
      2. Green Leaf Foods
      3. Glanbia Nutritionals
      4. A & B Ingredients
      5. Axiom Food Incorporation
      6. Pevesa
  7. Analyst Views
  8. Future Outlook of the Market