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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1496676

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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1496676

Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola Oats, Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates, Textured), Form (Dry, Liquid), Nature (Conventional, organic), Application - Global Forecast to 2029

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Table of Contents

The global market for plant-based protein is estimated to be valued at USD 14.2 billion in 2024 and is projected to reach USD 20.5 billion by 2029, at a CAGR of 8.1% during the forecast period. The surge in demand for plant-based protein is driven by several key factors, notably the increasing consumer preference for natural and clean-label ingredients in food and beverages. As individuals prioritize health, there's a growing desire for products perceived as natural and nutritious. Plant-based proteins derived from sources such as soy, peas, and lentils align perfectly with this trend. Not only do they serve as natural additives, but they also offer functional benefits, making them appealing for incorporation into a diverse range of food and beverage offerings.

Scope of the Report
Years Considered for the Study2024-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD), Volume (KT)
SegmentsBy Source, By Type, By Form, By Nature, By Application, and by Region
Regions coveredNorth America, Europe, Asia Pacific, South America, and RoW

Moreover, there's a heightened awareness and adoption of plant-based diets among consumers, emphasizing the importance of protein-rich plant sources. Plant-based protein diets are recognized for their various health advantages, including enhanced weight management, better digestive health, and a reduced risk of chronic ailments like heart disease and diabetes. Plant-based proteins, such as those derived from legumes, nuts, and seeds, fulfill this need while also offering sustainable and ethical alternatives to animal-based proteins, further driving their popularity in the market.

"The conventional segment is projected to dominate the market in the nature segment during the forecast period."

Plant-based protein has gained immense popularity in today's market, with an increasing number of consumers turning away from animal-derived protein sources in favor of plant-based alternatives. This shift has sparked a surge in demand for plant-based protein products. Notably, conventional crops generally boast slightly higher protein levels compared to organic crops, attributed to the use of fertilizers, pesticides, and other synthetic chemicals in conventional farming practices. Consequently, conventional plant-based protein sources are better equipped to meet the rising demand for such products.

Consumers have voiced concerns regarding health issues and allergic reactions associated with soy and wheat, prompting manufacturers of plant-based protein to innovate their offerings. In January 2022, NuCiser, a US-based company, unveiled a range of chickpea protein products as a more sustainable and economically viable substitute for traditional plant-based proteins. These products are characterized by their high protein content and gluten-free nature. The company spokesperson emphasized their objective to position chickpea protein as a compelling alternative to conventional sources like soy, wheat, and peas. As the demand for plant-based protein continues to soar, companies are increasingly investing in research and development to diversify their product offerings and address consumer preferences and concerns. Beyond chickpeas, other novel plant sources such as hemp, algae, and quinoa are gaining traction for their nutritional benefits and sustainability credentials. Moreover, advancements in food technology are enabling the creation of plant-based protein products with improved taste, texture, and functionality, further driving consumer acceptance and market growth. With ongoing innovation and expansion in the plant-based protein sector, the future holds promising opportunities for both consumers and manufacturers alike.

"The concentrates sub-segment in the type of segment is estimated to grow at a significant CAGR during the forecast period."

Plant-based protein concentrates are experiencing a surge in demand within the plant-based protein market. As consumers increasingly prioritize health, sustainability, and ethical considerations, they are turning to plant-based alternatives for their protein needs. These concentrates, derived from various plant sources such as soy, pea, and wheat, offer a rich nutritional profile, boasting high protein content along with essential vitamins, minerals, and fiber. Moreover, they cater to diverse dietary preferences and restrictions, including vegan, vegetarian, and flexitarian lifestyles. As a result, food manufacturers are integrating plant-based protein concentrates into a wide array of products, ranging from meat substitutes to sports nutrition supplements, to meet the growing demand for sustainable and nutritious food options.

In November 2022, Ingredion Incorporated (US) entered into an exclusive commercial distribution partnership with InnovoPro (Canada), a pioneering company in plant-based protein innovation. This strategic alliance aimed to introduce a chickpea protein concentrate to the US and Canadian markets, aligning with the escalating consumer demand for sustainable, nutritious, and flavorful plant-based products. Harnessing the nutritional prowess of chickpeas, renowned for their protein-rich composition and versatility, this collaboration promised to offer a compelling alternative for consumers seeking plant-based protein sources. By leveraging Ingredion's extensive distribution network and market expertise alongside InnovoPro's cutting-edge technology, the partnership signaled a significant advancement in providing accessible and high-quality plant-based protein solutions to meet evolving consumer preferences.

"Europe has consistently held a substantial market share within the plant-based protein sector during the period studied."

The European region stands at the forefront of the burgeoning plant-based protein market, showcasing robust growth and evolving consumer preferences. With an increasing emphasis on health consciousness, environmental sustainability, and ethical considerations, European consumers are gravitating towards plant-based protein alternatives over traditional animal-derived sources. This shift in dietary patterns is fueled by a growing awareness of the health benefits associated with plant-based diets, including reduced risk of chronic diseases and improved environmental sustainability. Consequently, the plant-based protein market in Europe has witnessed significant expansion, with a plethora of innovative products flooding the market to cater to diverse consumer needs and preferences.

Moreover, the rising trend of plant-based protein adoption is not confined to human consumption alone but extends to animal feed as well. As concerns surrounding the environmental impact and ethical considerations of livestock rearing continue to mount, there is a growing demand for sustainable alternatives in animal agriculture. Plant protein-based animal feed offers a viable solution, serving as a nutritious and eco-friendly substitute for conventional feed ingredients derived from animal sources. This trend is further propelled by regulatory initiatives aimed at promoting sustainable agriculture and reducing the ecological footprint of livestock production. As a result, the European market for plant-based protein-based animal feed is witnessing steady growth, presenting lucrative opportunities for stakeholders across the agricultural value chain.

The break-up of the profile of primary participants in the plant-based protein market:

  • By Company Type: Tier 1 - 25%, Tier 2 - 45%, and Tier 3 - 30%
  • By Designation: CXO's - 20%, Managers - 50%, Executives- 30%
  • By Region: North America - 25%, Europe - 20%, Asia Pacific - 30%, South America - 15% and Rest of the World -10%

Prominent companies ADM (US), Cargill (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Roquette Freres (France), Wilmar International Ltd. (Singapore), Glanbia plc (Ireland), Kerry Group PLC (Ireland), DSM (Netherlands), AGT Food and Ingredients (Canada), Burcon NutraScience Corporation (Canada), Emsland Group (Germany), PURIS (US), COSUCRA (Belgium), Tate & Lyle (UK).

Other players include BENEO GmbH (Germany), SOTEXPRO (France), Shandong Jianyuan group (China), AMCO Proteins (US), Axiom Foods, Inc (US), Aminola (Netherlands), The Green Labs LLC. (US), Australian Plant Proteins Pty Ltd (Australia), ETChem (China), PROEON (India), Nutraferma, Inc. (US), MycoTechnology (US), European Protein A/S (Denmark), naVitalo (Germany), Bioway Organic Group Limited (China).

Research Coverage:

This research report categorizes the plant-based protein market by Source (soy, wheat, pea, oats, canola rice & potato, beans & seeds, fermented protein, and other sources), by Type (concentrates, isolates, textured), by Form (dry, liquid), by Nature (conventional, organic), by application (food & beverages, feed) and by region (North America, Europe, Asia Pacific, South America, RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the plant-based protein market. A detailed analysis of the key industry players has been done to provide insights into their business overview, services, key strategies, contracts, partnerships, and agreements. New service launches, mergers and acquisitions, and recent developments associated with the plant-based protein market. Competitive analysis of upcoming startups in the plant-based protein market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall plant-based protein market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Growing interest in health-centric food and beverages), restraints (Possibilities of nutritional & vitamin deficiencies among vegans), opportunities (Effective marketing strategies and correct positioning of plant-based proteins), and challenges (Concerns regarding taste and texture of plant-based protein) influencing the growth of the plant-based protein market.
  • New product launch/Innovation: Detailed insights on research & development activities and new product launches in the plant-based protein market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the plant-based protein market across varied regions.
  • Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the plant-based protein market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like ADM (US), Cargill, Incorporated (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Roquette Freres (France) and others in the plant-based protein market strategies.
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Product Code: FB 7358

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKET SEGMENTATION
    • 1.3.2 INCLUSIONS & EXCLUSIONS
    • 1.3.3 REGIONS COVERED
  • 1.4 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
    • TABLE 1 USD EXCHANGE RATES, 2019-2023
  • 1.6 UNIT CONSIDERED
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES
    • 1.8.1 RECESSION IMPACT ANALYSIS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 1 PLANT-BASED PROTEIN MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key data from primary sources
      • 2.1.2.2 Breakdown of primary profiles
    • FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
      • 2.1.2.3 Key insights from industry experts
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 TOP-DOWN APPROACH
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • 2.2.2 SUPPLY-SIDE ANALYSIS
    • FIGURE 4 PLANT-BASED PROTEIN MARKET SIZE CALCULATION: SUPPLY SIDE
    • 2.2.3 BOTTOM-UP APPROACH (DEMAND SIDE)
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • 2.3 DATA TRIANGULATION AND MARKET BREAKUP
    • FIGURE 6 DATA TRIANGULATION
  • 2.4 RESEARCH ASSUMPTIONS
  • 2.5 LIMITATIONS & RISK ASSESSMENT
  • 2.6 RECESSION IMPACT ANALYSIS
    • 2.6.1 MACROECONOMIC INDICATORS OF RECESSION
    • FIGURE 7 MACROECONOMIC INDICATORS OF RECESSION
    • FIGURE 8 GLOBAL INFLATION RATE, 2011-2022
    • FIGURE 9 GLOBAL GDP, 2011-2022 (USD TRILLION)
    • FIGURE 10 RECESSION INDICATORS AND THEIR IMPACT ON PLANT-BASED PROTEIN MARKET
    • FIGURE 11 GLOBAL PLANT-BASED PROTEIN MARKET: EARLIER FORECAST VS. RECESSION FORECAST

3 EXECUTIVE SUMMARY

    • TABLE 2 PLANT-BASED PROTEIN MARKET SNAPSHOT, 2024 VS. 2029 (USD MILLION)
    • FIGURE 12 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
    • FIGURE 13 PLANT-BASED PROTEIN MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)
    • FIGURE 14 PLANT-BASED PROTEIN MARKET, BY NATURE, 2024 VS. 2029 (USD MILLION)
    • FIGURE 15 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
    • FIGURE 16 PLANT-BASED PROTEIN MARKET, BY FORM, 2024 VS. 2029
    • FIGURE 17 PLANT-BASED PROTEIN MARKET SHARE AND GROWTH RATE, BY REGION, 2024 (BY VALUE)

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PLANT-BASED PROTEIN MARKET
    • FIGURE 18 CONSUMER PREFERENCES FOR HEALTHY AND NUTRITIONAL PROTEIN SOURCES TO DRIVE PLANT-BASED PROTEIN MARKET
  • 4.2 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION AND COUNTRY
    • FIGURE 19 US AND FOOD & BEVERAGES SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARE IN 2024
  • 4.3 PLANT-BASED PROTEIN MARKET, BY TYPE
    • FIGURE 20 CONCENTRATES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • 4.4 PLANT-BASED PROTEIN MARKET, BY SOURCE
    • FIGURE 21 SOY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • 4.5 PLANT-BASED PROTEIN MARKET, BY FORM
    • FIGURE 22 DRY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • 4.6 PLANT-BASED PROTEIN MARKET, BY NATURE
    • FIGURE 23 CONVENTIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE DURING FORECAST PERIOD
  • 4.7 PLANT-BASED PROTEIN MARKET, BY APPLICATION AND REGION
    • FIGURE 24 FOOD & BEVERAGES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • 4.8 PLANT-BASED PROTEIN MARKET: REGIONAL SNAPSHOT
    • FIGURE 25 US TO DOMINATE PLANT-BASED PROTEIN MARKET IN 2024

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MACROECONOMIC INDICATORS
    • 5.2.1 GLOBAL PRODUCTION OF PEA CROPS AND GREEN PEAS AND BOOST IN INNOVATION
    • FIGURE 26 GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS, 2018-2022 (MILLION TONNES)
    • FIGURE 27 GLOBAL PEA PRODUCTION, BY COUNTRY, 2021 (MILLION TONNES)
    • 5.2.2 INCREASE IN SOYBEAN PRODUCTION
    • FIGURE 28 SOYBEAN PRODUCTION, BY KEY COUNTRY, 2018-2023 (MILLION METRIC TONS)
    • 5.2.3 CONSUMER SHIFT TOWARD PLANT-BASED NUTRITION
  • 5.3 MARKET DYNAMICS
    • FIGURE 29 PLANT-BASED PROTEIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.3.1 DRIVERS
      • 5.3.1.1 Growing interest in health-centric food and beverages
      • 5.3.1.2 Growth in consumer preferences toward veganism
      • 5.3.1.3 Rise in cases of lactose intolerance
    • TABLE 3 PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE, BY ETHNICITY
      • 5.3.1.4 Increased preference for meat alternatives
      • 5.3.1.5 Innovation and developments related to plant-based protein to augment vegan trend
    • 5.3.2 RESTRAINTS
      • 5.3.2.1 Allergies associated with plant-based protein sources
      • 5.3.2.2 Nutritional and vitamin deficiencies among vegans
    • 5.3.3 OPPORTUNITIES
      • 5.3.3.1 Focus on aquatic plants as new and emerging sources of protein
      • 5.3.3.2 Effective marketing strategies and correct positioning of plant-based proteins
      • 5.3.3.3 Lifestyle changes
    • 5.3.4 CHALLENGES
      • 5.3.4.1 Concerns over quality of food and beverages due to adulteration of GM ingredients
      • 5.3.4.2 Economic constraints
      • 5.3.4.3 Concerns related to taste and texture offered by plant-based protein

6 INDUSTRY TRENDS

  • 6.1 INTRODUCTION
  • 6.2 SUPPLY CHAIN ANALYSIS
    • FIGURE 30 PLANT-BASED PROTEIN MARKET: SUPPLY CHAIN ANALYSIS
  • 6.3 VALUE CHAIN ANALYSIS
    • FIGURE 31 PLANT-BASED PROTEIN MARKET: VALUE CHAIN ANALYSIS
    • 6.3.1 RESEARCH & PRODUCT DEVELOPMENT
    • 6.3.2 RAW MATERIAL SOURCING
    • 6.3.3 PRODUCTION & PROCESSING
    • 6.3.4 DISTRIBUTION
    • 6.3.5 MARKETING & SALES
    • 6.3.6 END USERS
  • 6.4 TRADE ANALYSIS
    • 6.4.1 IMPORT SCENARIO OF SOYBEANS
    • FIGURE 32 IMPORT OF SOYBEANS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 4 IMPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2021-2023 (USD)
    • 6.4.2 EXPORT SCENARIO OF SOYBEANS
    • FIGURE 33 EXPORT OF SOYBEANS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 5 EXPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2021-2023 (USD)
    • 6.4.3 IMPORT SCENARIO OF PEAS
    • FIGURE 34 IMPORT OF PEAS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 6 IMPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2021-2023 (USD)
    • 6.4.4 EXPORT SCENARIO OF PEAS
    • FIGURE 35 EXPORT OF PEAS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 7 EXPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2021-2023 (USD)
    • 6.4.5 IMPORT SCENARIO OF WHEAT & MESLIN
    • FIGURE 36 IMPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 8 IMPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2021-2023 (USD)
    • 6.4.6 EXPORT SCENARIO OF WHEAT & MESLIN
    • FIGURE 37 EXPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 9 EXPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2021-2023 (USD)
    • 6.4.7 IMPORT SCENARIO OF RICE
    • FIGURE 38 IMPORT OF RICE, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 10 IMPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2021-2023 (USD)
    • 6.4.8 EXPORT SCENARIO OF RICE
    • FIGURE 39 EXPORT OF RICE, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 11 EXPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2021-2023 (USD)
    • 6.4.9 IMPORT SCENARIO OF OATS
    • FIGURE 40 IMPORT OF OATS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 12 IMPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2021-2023 (USD)
    • 6.4.10 EXPORT SCENARIO OF OATS
    • FIGURE 41 EXPORT OF OATS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 13 EXPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2021-2023 (USD)
    • 6.4.11 IMPORT SCENARIO OF MUSHROOMS
    • FIGURE 42 IMPORT OF MUSHROOMS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 14 IMPORT SCENARIO FOR HS CODE: 2003, BY COUNTRY, 2021-2023 (USD)
    • 6.4.12 EXPORT SCENARIO OF MUSHROOMS
    • FIGURE 43 EXPORT OF MUSHROOMS, BY KEY COUNTRY, 2019-2023 (USD)
    • TABLE 15 EXPORT SCENARIO FOR HS CODE: 2003, BY COUNTRY, 2021-2023 (USD)
  • 6.5 TECHNOLOGY ANALYSIS
    • 6.5.1 KEY TECHNOLOGIES
      • 6.5.1.1 Extrusion
    • 6.5.2 COMPLIMENTARY TECHNOLOGIES
      • 6.5.2.1 High-Pressure Processing (HPP)
    • 6.5.3 ADJACENT TECHNOLOGIES
      • 6.5.3.1 Wet processing method for producing dairy milk alternative
  • 6.6 PRICING ANALYSIS
    • 6.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE
    • FIGURE 44 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE, 2023 (USD/KG)
    • TABLE 16 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE, 2023 (USD/KG)
    • 6.6.2 AVERAGE SELLING PRICE TREND, BY REGION
    • FIGURE 45 AVERAGE SELLING PRICE TREND, BY REGION, 2019-2023 (USD/KG)
    • TABLE 17 AVERAGE SELLING PRICE TREND, BY REGION, 2019-2023 (USD/KG)
    • 6.6.3 AVERAGE SELLING PRICE TREND, BY SOURCE
    • FIGURE 46 AVERAGE SELLING PRICE TREND, BY SOURCE, 2019-2023 (USD/KG)
    • TABLE 18 AVERAGE SELLING PRICE TREND, BY SOURCE, 2019-2023 (USD/KG)
  • 6.7 ECOSYSTEM
    • 6.7.1 DEMAND SIDE
    • 6.7.2 SUPPLY SIDE
    • FIGURE 47 KEY PLAYERS IN PLANT-BASED PROTEIN MARKET
    • TABLE 19 PLANT-BASED PROTEIN MARKET: ECOSYSTEM
  • 6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
    • 6.8.1 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
    • FIGURE 48 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
  • 6.9 PATENT ANALYSIS
    • TABLE 20 LIST OF MAJOR PATENTS PERTAINING TO PLANT-BASED PROTEIN MARKET, 2014-2024
    • FIGURE 49 NUMBER OF PATENTS GRANTED FOR PLANT-BASED PROTEIN, 2014-2024
    • FIGURE 50 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PLANT-BASED PROTEIN
  • 6.10 KEY CONFERENCES & EVENTS, 2024-2025
    • TABLE 21 PLANT-BASED PROTEIN MARKET: LIST OF KEY CONFERENCES & EVENTS, 2024-2025
  • 6.11 REGULATORY LANDSCAPE
    • 6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 22 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 23 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 24 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 25 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 26 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 6.11.2 REGULATORY FRAMEWORK
      • 6.11.2.1 North America
      • 6.11.2.2 Europe
      • 6.11.2.3 Asia Pacific
  • 6.12 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 27 PORTER'S FIVE FORCES ANALYSIS
    • FIGURE 51 PORTER'S FIVE FORCES ANALYSIS
    • 6.12.1 THREAT OF NEW ENTRANTS
    • 6.12.2 THREAT OF SUBSTITUTES
    • 6.12.3 BARGAINING POWER OF SUPPLIERS
    • 6.12.4 BARGAINING POWER OF BUYERS
    • 6.12.5 INTENSITY OF COMPETITIVE RIVALRY
  • 6.13 KEY STAKEHOLDERS & BUYING CRITERIA
    • 6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • FIGURE 52 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
    • TABLE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
    • 6.13.2 BUYING CRITERIA
    • TABLE 29 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
    • FIGURE 53 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
  • 6.14 CASE STUDY ANALYSIS
    • 6.14.1 BLUE DIAMOND GROWERS PARTNERED WITH GROUP LALA TO ESTABLISH NETWORK IN MEXICO
    • 6.14.2 KERRY GROUP PLC REVOLUTIONIZED PLANT-BASED PRODUCTS IN ASIA PACIFIC MARKET
    • 6.14.3 ADM OFFERED NEW PLANT-BASED PROTEINS TO MEET GROWING CONSUMER DEMAND
    • 6.14.4 GLANBIA LAUNCHED ITS GRAIN PORTFOLIO TO ADDRESS CONSUMERS' RISING HEALTH CONCERNS
  • 6.15 EMERGING PROTEIN SOURCE - SESAME PROTEIN

7 PLANT-BASED PROTEIN MARKET, BY APPLICATION

  • 7.1 INTRODUCTION
    • FIGURE 54 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
    • TABLE 30 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2019-2023 (USD MILLION)
    • TABLE 31 PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
  • 7.2 FOOD & BEVERAGES
    • 7.2.1 INCREASED CONSUMPTION OF PLANT-BASED MEAT AND DAIRY ALTERNATIVES TO BOOST ADOPTION OF PLANT-BASED PROTEIN
    • TABLE 32 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 33 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 34 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY SUBAPPLICATION, 2019-2023 (USD MILLION)
    • TABLE 35 FOOD & BEVERAGES: PLANT-BASED PROTEIN MARKET, BY SUBAPPLICATION, 2024-2029 (USD MILLION)
    • 7.2.2 MEAT ALTERNATIVES
    • 7.2.3 DAIRY ALTERNATIVES
    • FIGURE 55 GLOBAL PLANT-BASED MILK SALES GROWTH, 2016-2022 (USD MILLION)
    • 7.2.4 BAKERY PRODUCTS
    • 7.2.5 PERFORMANCE NUTRITION
    • 7.2.6 CONVENIENCE FOOD
    • 7.2.7 OTHER FOOD & BEVERAGE APPLICATIONS
  • 7.3 FEED
    • 7.3.1 GROWING DEMAND FOR CLEAN-LABEL AND SUSTAINABLE FEED PRODUCTS TO DRIVE PLANT-BASED PROTEIN MARKET
    • TABLE 36 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 37 FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)

8 PLANT-BASED PROTEIN MARKET, BY FORM

  • 8.1 INTRODUCTION
    • FIGURE 56 PLANT-BASED PROTEIN MARKET, BY FORM, 2024 VS. 2029 (USD MILLION)
    • TABLE 38 PLANT-BASED PROTEIN MARKET, BY FORM, 2019-2023 (USD MILLION)
    • TABLE 39 PLANT-BASED PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
  • 8.2 DRY
    • 8.2.1 APPLICATION OF DRY PLANT-BASED PROTEIN IN FOOD & BEVERAGE PRODUCTS TO DRIVE MARKET GROWTH
    • TABLE 40 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 41 DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
  • 8.3 LIQUID
    • 8.3.1 HIGH PROTEIN REQUIREMENTS IN NUTRITIONAL SUPPLEMENTS TO DRIVE DEMAND FOR LIQUID PLANT-BASED PROTEIN
    • TABLE 42 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 43 LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)

9 PLANT-BASED PROTEIN MARKET, BY NATURE

  • 9.1 INTRODUCTION
    • FIGURE 57 PLANT-BASED PROTEIN MARKET, BY NATURE, 2024 VS. 2029 (USD MILLION)
    • TABLE 44 PLANT-BASED PROTEIN MARKET, BY NATURE, 2019-2023 (USD MILLION)
    • TABLE 45 PLANT-BASED PROTEIN MARKET, BY NATURE, 2024-2029 (USD MILLION)
  • 9.2 CONVENTIONAL
    • 9.2.1 GROWING UTILIZATION OF PLANT-BASED FOOD PRODUCTS IN FOOD AND FEED INDUSTRIES TO STIMULATE MARKET EXPANSION
    • TABLE 46 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 47 CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
  • 9.3 ORGANIC
    • 9.3.1 GROWTH OF ORGANIC PLANT-BASED PROTEIN PRODUCTS TO BE FUELED BY RISING DEMAND FOR CLEAN-LABEL INGREDIENTS
    • TABLE 48 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 49 ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)

10 PLANT-BASED PROTEIN MARKET, BY TYPE

  • 10.1 INTRODUCTION
    • FIGURE 58 PLANT-BASED PROTEIN MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)
    • TABLE 50 PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 51 PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 52 SOY: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 53 SOY: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 54 WHEAT: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 55 WHEAT: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 56 PEAS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 57 PEAS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 58 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 59 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 60 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 61 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 62 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 63 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 64 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023(USD MILLION)
    • TABLE 65 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
  • 10.2 CONCENTRATES
    • 10.2.1 APPLICATION OF CONCENTRATES ACROSS FOOD AND NUTRITION SUPPLEMENTS TO DRIVE DEMAND
    • TABLE 66 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 67 CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
  • 10.3 ISOLATES
    • 10.3.1 APPLICATION OF PLANT-PROTEIN ISOLATES IN INFANT FOOD PRODUCTS TO DRIVE GROWTH
    • TABLE 68 ISOLATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 69 ISOLATES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
  • 10.4 TEXTURED
    • 10.4.1 GROWING HEALTH CONCERNS TO DRIVE PREFERENCE FOR PLANT-BASED MEAT
    • TABLE 70 TEXTURED: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 71 TEXTURED: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)

11 PLANT-BASED PROTEIN MARKET, BY SOURCE

  • 11.1 INTRODUCTION
    • FIGURE 59 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
    • TABLE 72 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 73 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 74 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (KT)
    • TABLE 75 PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (KT)
  • 11.2 SOY
    • 11.2.1 SURGE IN DEMAND FOR PLANT-BASED PROTEIN ALTERNATIVES AND INCREASING SOY EXPORTS TO LEAD TO MARKET GROWTH
    • TABLE 76 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 77 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 78 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 79 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
  • 11.3 WHEAT
    • 11.3.1 EXCELLENT BINDING CHARACTERISTICS OF WHEAT COUPLED WITH ITS INCREASED USAGE IN ALTERNATIVE MEAT PRODUCTS TO DRIVE GROWTH
    • TABLE 80 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 81 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 82 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 83 WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
  • 11.4 PEAS
    • 11.4.1 RAPID SHIFT IN PREFERENCES OF CONSUMERS FROM TRADITIONAL SOURCES OF PLANT-BASED PROTEIN TO SPUR DEMAND
    • TABLE 84 PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 85 PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 86 PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 87 PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
    • TABLE 88 PEAS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 89 PEAS: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • 11.4.2 YELLOW SPLIT PEAS
    • TABLE 90 YELLOW SPLIT PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 91 YELLOW SPLIT PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • 11.4.3 CHICKPEAS
    • TABLE 92 CHICKPEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 93 CHICKPEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • 11.4.4 LENTILS
    • TABLE 94 LENTILS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 95 LENTILS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
  • 11.5 CANOLA, RICE, OATS, AND POTATOES
    • 11.5.1 GROWING CONSUMER INTEREST IN TRADITIONAL PLANT-BASED PROTEIN PRODUCTS TO BOOST MARKET
    • TABLE 96 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 97 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 98 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 99 CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
  • 11.6 BEANS & SEEDS
    • 11.6.1 RISING DEMAND FOR HEMP PROTEIN AND SUNFLOWER SEED PROTEIN AS EFFECTIVE TOOLS AGAINST CARDIOVASCULAR DISEASES TO DRIVE GROWTH
    • TABLE 100 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 101 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 102 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 103 BEANS & SEEDS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
  • 11.7 FERMENTED PROTEIN
    • 11.7.1 FLAVOR OF FERMENTED PLANT-BASED PROTEIN TO SURGE ITS DEMAND
    • TABLE 104 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 105 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 106 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 107 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
    • TABLE 108 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 109 FERMENTED PROTEIN: PLANT-BASED PROTEIN MARKET, BY TYPE, 2024-2029 (USD MILLION)
    • 11.7.2 SOY
    • TABLE 110 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 111 SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • 11.7.3 PEAS
    • TABLE 112 PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 113 PEAS: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • 11.7.4 RICE
    • TABLE 114 RICE: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 115 RICE: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • 11.7.5 OTHER FERMENTED PROTEIN TYPES
    • TABLE 116 OTHER FERMENTED PROTEIN TYPES: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 117 OTHER FERMENTED PROTEIN TYPES: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
  • 11.8 OTHER SOURCES
    • TABLE 118 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 119 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 120 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 121 OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)

12 PLANT-BASED PROTEIN MARKET, BY REGION

  • 12.1 INTRODUCTION
    • FIGURE 60 JAPAN TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
    • TABLE 122 PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 123 PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 124 PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (KT)
    • TABLE 125 PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (KT)
  • 12.2 NORTH AMERICA
    • FIGURE 61 NORTH AMERICAN PLANT-BASED PROTEIN MARKET SNAPSHOT
    • 12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
    • FIGURE 62 NORTH AMERICA: INFLATION RATE, BY COUNTRY, 2017-2022
    • FIGURE 63 NORTH AMERICA: RECESSION IMPACT ANALYSIS
    • TABLE 126 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2019-2023 (USD MILLION)
    • TABLE 127 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 128 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 129 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 130 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (KT)
    • TABLE 131 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (KT)
    • TABLE 132 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 133 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 134 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 135 NORTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 136 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2019-2023 (USD MILLION)
    • TABLE 137 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
    • TABLE 138 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2019-2023 (USD MILLION)
    • TABLE 139 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
    • TABLE 140 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2019-2023 (USD MILLION)
    • TABLE 141 NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2024-2029 (USD MILLION)
    • 12.2.2 US
      • 12.2.2.1 Rise in awareness regarding environmental and personal health benefits to drive preference for plant-based ingredients
    • TABLE 142 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 143 US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 144 US: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 145 US: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.2.3 CANADA
      • 12.2.3.1 Capitalization on large-scale shift toward flexitarian diets by prominent players to drive production of plant-based protein
    • TABLE 146 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 147 CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 148 CANADA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 149 CANADA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.2.4 MEXICO
      • 12.2.4.1 Evolving consumer preferences and increasing demand for nutritious pet food to stimulate market growth
    • TABLE 150 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 151 MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 152 MEXICO: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 153 MEXICO: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
  • 12.3 EUROPE
    • 12.3.1 EUROPE: RECESSION IMPACT ANALYSIS
    • FIGURE 64 EUROPE: INFLATION RATE, BY COUNTRY, 2017-2022
    • FIGURE 65 EUROPE: RECESSION IMPACT ANALYSIS
    • TABLE 154 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2019-2023 (USD MILLION)
    • TABLE 155 EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 156 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 157 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,2024-2029 (USD MILLION)
    • TABLE 158 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (KT)
    • TABLE 159 EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (KT)
    • TABLE 160 EUROPE: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 161 EUROPE: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 162 EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 163 EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 164 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2019-2023 (USD MILLION)
    • TABLE 165 EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
    • TABLE 166 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2019-2023 (USD MILLION)
    • TABLE 167 EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
    • TABLE 168 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE, 2019-2023 (USD MILLION)
    • TABLE 169 EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE, 2024-2029 (USD MILLION)
    • 12.3.2 UK
      • 12.3.2.1 Increasing vegan population to drive plant-based protein market
    • TABLE 170 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 171 UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 172 UK: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 173 UK: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.3 GERMANY
      • 12.3.3.1 Increasing dependence on plant-based foods and high adoption rate of flexitarian diets to boost growth of plant-based protein
    • TABLE 174 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 175 GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 176 GERMANY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 177 GERMANY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.4 FRANCE
      • 12.3.4.1 Government support to develop domestic plant-based protein production and reduce imports to drive growth
    • TABLE 178 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 179 FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 180 FRANCE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 181 FRANCE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.5 ITALY
      • 12.3.5.1 Rapid shift in consumer preferences from conventional to plant-based protein to drive market
    • TABLE 182 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 183 ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 184 ITLAY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 185 ITLAY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)T
    • 12.3.6 SPAIN
      • 12.3.6.1 Product innovation and increased consumption of plant-based convenience food products to drive market
    • TABLE 186 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 187 SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 188 SPAIN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 189 SPAIN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.7 NETHERLANDS
      • 12.3.7.1 Increasing popularity of plant-based food products due to their health and environmental benefits to drive demand
    • TABLE 190 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 191 NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 192 NETHERLANDS: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 193 NETHERLANDS: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.8 TURKEY
      • 12.3.8.1 Health advantages linked to plant-centered diets to bolster demand for plant-based protein
    • TABLE 194 TURKEY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 195 TURKEY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 196 TURKEY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 197 TURKEY: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.9 POLAND
      • 12.3.9.1 Evolving consumer preferences and health awareness to spur market growth
    • TABLE 198 POLAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 199 POLAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 200 POLAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 201 POLAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.3.10 REST OF EUROPE
    • TABLE 202 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 203 REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 204 REST OF EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 205 REST OF EUROPE: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
  • 12.4 ASIA PACIFIC
    • FIGURE 66 ASIA PACIFIC PLANT-BASED PROTEIN MARKET SNAPSHOT
    • 12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
    • FIGURE 67 ASIA PACIFIC: INFLATION RATE, BY KEY COUNTRY, 2017-2022
    • FIGURE 68 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
    • TABLE 206 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2019-2023 (USD MILLION)
    • TABLE 207 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 208 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 209 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 210 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (KT)
    • TABLE 211 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (KT)
    • TABLE 212 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 213 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 214 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 215 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 216 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM, 2019-2023 (USD MILLION)
    • TABLE 217 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
    • TABLE 218 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2019-2023 (USD MILLION)
    • TABLE 219 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
    • TABLE 220 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE, 2019-2023 (USD MILLION)
    • TABLE 221 ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE, 2024-2029 (USD MILLION)
    • 12.4.2 CHINA
      • 12.4.2.1 Demand for products with health benefits to drive market growth
    • TABLE 222 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 223 CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 224 CHINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 225 CHINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE 2024-2029 (USD MILLION)
    • 12.4.3 JAPAN
      • 12.4.3.1 Ageing population and rising consumption of plant-based convenience foods to drive market growth
    • TABLE 226 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 227 JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 228 JAPAN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 229 JAPAN: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.4 AUSTRALIA & NEW ZEALAND
      • 12.4.4.1 Investments from key players and rising vegan population to drive growth of plant-based protein
    • TABLE 230 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 231 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 232 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 233 AUSTRALIA & NEW ZEALAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.5 INDIA
      • 12.4.5.1 Evolving dietary preferences and increasing cases of coronary heart diseases to drive demand for plant-based protein
    • TABLE 234 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 235 INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 236 INDIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 237 INDIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.6 SOUTH KOREA
      • 12.4.6.1 Significant shift toward alternative proteins and rising food safety concerns to spur growth
    • TABLE 238 SOUTH KOREA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 239 SOUTH KOREA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 240 SOUTH KOREA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 241 SOUTH KOREA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.7 INDONESIA
      • 12.4.7.1 Growing demand for soy protein in food products and animal feed to boost market expansion
    • TABLE 242 INDONESIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 243 INDONESIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 244 INDONESIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 245 INDONESIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.8 MALAYSIA
      • 12.4.8.1 Influence of Buddhism and Hinduism to contribute to popularity of vegetarianism
    • TABLE 246 MALAYSIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 247 MALAYSIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 248 MALAYSIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 249 MALAYSIA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.9 PHILIPPINES
      • 12.4.9.1 Surge in health and wellness trends to persuade people to prefer protein-based food products
    • TABLE 250 PHILIPPINES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 251 PHILIPPINES: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 252 PHILIPPINES: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 253 PHILIPPINES: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.10 VIETNAM
      • 12.4.10.1 Environmental issues and concerns related to carbon footprint of animal agriculture to spur growth
    • TABLE 254 VIETNAM: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 255 VIETNAM: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 256 VIETNAM: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 257 VIETNAM: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.11 THAILAND
      • 12.4.11.1 Rising awareness regarding environmental impact of meat industry to encourage market growth
    • TABLE 258 THAILAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 259 THAILAND: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 260 THAILAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 261 THAILAND: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.4.12 REST OF ASIA PACIFIC
    • TABLE 262 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 263 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 264 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 265 REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
  • 12.5 SOUTH AMERICA
    • 12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
    • FIGURE 69 SOUTH AMERICA: INFLATION RATE, BY KEY COUNTRY, 2017-2022
    • FIGURE 70 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
    • TABLE 266 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2019-2023 (USD MILLION)
    • TABLE 267 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
    • TABLE 268 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 269 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 270 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (KT)
    • TABLE 271 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (KT)
    • TABLE 272 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 273 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 274 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 275 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 276 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2019-2023 (USD MILLION)
    • TABLE 277 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
    • TABLE 278 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2019-2023 (USD MILLION)
    • TABLE 279 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
    • TABLE 280 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2019-2023 (USD MILLION)
    • TABLE 281 SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE, 2024-2029 (USD MILLION)
    • 12.5.2 BRAZIL
      • 12.5.2.1 Country's high processing and export capabilities coupled with increased adoption of plant-based foods to drive growth
    • TABLE 282 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 283 BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 284 BRAZIL: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 285 BRAZIL: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.5.3 ARGENTINA
      • 12.5.3.1 Environmental, nutritional, and animal welfare concerns among youth to drive demand for plant-based protein
    • TABLE 286 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 287 ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 288 ARGENTINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 289 ARGENTINA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.5.4 REST OF SOUTH AMERICA
    • TABLE 290 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 291 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 292 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 293 REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
  • 12.6 REST OF THE WORLD (ROW)
    • 12.6.1 ROW: RECESSION IMPACT ANALYSIS
    • FIGURE 71 ROW: INFLATION RATE, BY KEY COUNTRY, 2017-2022
    • FIGURE 72 ROW: RECESSION IMPACT ANALYSIS, 2022
    • TABLE 294 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY REGION, 2019-2023 (USD MILLION)
    • TABLE 295 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY REGION, 2024-2029 (USD MILLION)
    • TABLE 296 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 297 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 298 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (KT)
    • TABLE 299 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (KT)
    • TABLE 300 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 301 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET FOR PEAS, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 302 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 303 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • TABLE 304 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2019-2023 (USD MILLION)
    • TABLE 305 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2024-2029 (USD MILLION)
    • TABLE 306 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY FORM, 2019-2023 (USD MILLION)
    • TABLE 307 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
    • TABLE 308 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY NATURE, 2019-2023 (USD MILLION)
    • TABLE 309 REST OF THE WORLD: PLANT-BASED PROTEIN MARKET, BY NATURE, 2024-2029 (USD MILLION)
    • 12.6.2 AFRICA
      • 12.6.2.1 Favorable processing conditions coupled with rising consumer awareness regarding health issues to drive growth of plant-based protein
    • TABLE 310 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 311 AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 312 AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 313 AFRICA: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)
    • 12.6.3 MIDDLE EAST
      • 12.6.3.1 Demand for plant-based convenience food to drive growth of plant-based protein industry
    • TABLE 314 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019-2023 (USD MILLION)
    • TABLE 315 MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024-2029 (USD MILLION)
    • TABLE 316 MIDDLE EAST: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2019-2023 (USD MILLION)
    • TABLE 317 MIDDLE EAST: PLANT-BASED PROTEIN MARKET FOR FERMENTED PROTEIN, BY TYPE, 2024-2029 (USD MILLION)

13 COMPETITIVE LANDSCAPE

  • 13.1 OVERVIEW
  • 13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
    • TABLE 318 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLANT-BASED PROTEIN MARKET PLAYERS
  • 13.3 REVENUE ANALYSIS
    • FIGURE 73 REVENUE ANALYSIS OF KEY PLAYERS, 2019-2023 (USD BILLION)
  • 13.4 MARKET SHARE ANALYSIS
    • FIGURE 74 MARKET SHARE ANALYSIS, 2023
    • TABLE 319 PLANT-BASED PROTEIN MARKET: MARKET SHARE ANALYSIS, 2023
    • 13.4.1 MARKET RANKING ANALYSIS
    • FIGURE 75 RANKING OF TOP FIVE PLAYERS IN PLANT-BASED PROTEIN MARKET
  • 13.5 COMPANY VALUATION AND FINANCIAL METRICS
    • FIGURE 76 COMPANY VALUATION FOR SEVEN MAJOR PLAYERS IN PLANT-BASED PROTEIN MARKET
    • FIGURE 77 EV/EBITDA OF MAJOR PLAYERS
  • 13.6 BRAND/PRODUCT COMPARISON
    • FIGURE 78 PLANT-BASED PROTEIN MARKET: BRAND/PRODUCT COMPARISON
  • 13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    • 13.7.1 STARS
    • 13.7.2 EMERGING LEADERS
    • 13.7.3 PERVASIVE PLAYERS
    • 13.7.4 PARTICIPANTS
    • FIGURE 79 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
    • 13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    • FIGURE 80 COMPANY FOOTPRINT
    • TABLE 320 REGIONAL FOOTPRINT
    • TABLE 321 SOURCE FOOTPRINT
    • TABLE 322 APPLICATION FOOTPRINT
    • TABLE 323 TYPE FOOTPRINT
  • 13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    • 13.8.1 PROGRESSIVE COMPANIES
    • 13.8.2 RESPONSIVE COMPANIES
    • 13.8.3 DYNAMIC COMPANIES
    • 13.8.4 STARTING BLOCKS
    • FIGURE 81 PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
    • 13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • TABLE 324 PLANT-BASED PROTEIN MARKET: DETAILED LIST OF KEY STARTUPS/SMES
    • TABLE 325 PLANT-BASED PROTEIN MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
  • 13.9 COMPETITIVE SCENARIO AND TRENDS
    • 13.9.1 PRODUCTS LAUNCHES
    • TABLE 326 PLANT-BASED PROTEIN MARKET: PRODUCT LAUNCHES, AUGUST 2020-FEBRUARY 2024
    • 13.9.2 DEALS
    • TABLE 327 PLANT-BASED PROTEIN MARKET: DEALS, JANUARY 2020-MAY 2023
    • 13.9.3 EXPANSIONS
    • TABLE 328 PLANT-BASED PROTEIN MARKET: EXPANSIONS, AUGUST 2019-APRIL 2022

14 COMPANY PROFILES

  • (Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) **
  • 14.1 KEY PLAYERS
    • 14.1.1 CARGILL, INCORPORATED
    • TABLE 329 CARGILL, INCORPORATED: BUSINESS OVERVIEW
    • FIGURE 82 CARGILL, INCORPORATED: COMPANY SNAPSHOT
    • TABLE 330 CARGILL, INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 331 CARGILL, INCORPORATED: DEALS
    • TABLE 332 CARGILL, INCORPORATED: OTHERS
    • 14.1.2 ADM
    • TABLE 333 ADM: BUSINESS OVERVIEW
    • FIGURE 83 ADM: COMPANY SNAPSHOT
    • TABLE 334 ADM: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 335 ADM: PRODUCT LAUNCHES
    • TABLE 336 ADM: DEALS
    • TABLE 337 ADM: OTHERS
    • 14.1.3 KERRY GROUP PLC
    • TABLE 338 KERRY GROUP PLC: BUSINESS OVERVIEW
    • FIGURE 84 KERRY GROUP PLC: COMPANY SNAPSHOT
    • TABLE 339 KERRY GROUP PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 340 KERRY GROUP PLC: DEALS
    • TABLE 341 KERRY GROUP PLC: OTHERS
    • 14.1.4 INTERNATIONAL FLAVORS & FRAGRANCES INC.
    • TABLE 342 INTERNATIONAL FLAVORS & FRAGRANCES INC.: BUSINESS OVERVIEW
    • FIGURE 85 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT
    • TABLE 343 INTERNATIONAL FLAVORS & FRAGRANCES INC: PRODUCTS/SERVICES/ SOLUTIONS OFFERED
    • 14.1.5 INGREDION
    • TABLE 344 INGREDION: BUSINESS OVERVIEW
    • FIGURE 86 INGREDION: COMPANY SNAPSHOT
    • TABLE 345 INGREDION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 346 INGREDION: PRODUCT LAUNCHES
    • TABLE 347 INGREDION: DEALS
    • TABLE 348 INGREDION: OTHERS
    • 14.1.6 WILMAR INTERNATIONAL LTD.
    • TABLE 349 WILMAR INTERNATIONAL LTD.: BUSINESS OVERVIEW
    • FIGURE 87 WILMAR INTERNATIONAL LTD.: COMPANY SNAPSHOT
    • TABLE 350 WILMAR INTERNATIONAL LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 14.1.7 ROQUETTE FRERES
    • TABLE 351 ROQUETTE FRERES: BUSINESS OVERVIEW
    • TABLE 352 ROQUETTE FRERES: PRODUCTS/SERVICES/SOLUTONS OFFERED
    • TABLE 353 ROQUETTE FRERES: PRODUCT LAUNCHES
    • TABLE 354 ROQUETTE FRERES: DEALS
    • TABLE 355 ROQUETTE FRERES: OTHERS
    • 14.1.8 GLANBIA PLC
    • TABLE 356 GLANBIA PLC: BUSINESS OVERVIEW
    • FIGURE 88 GLANBIA PLC: COMPANY SNAPSHOT
    • TABLE 357 GLANBIA PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 358 GLANBIA PLC: PRODUCT LAUNCHES
    • TABLE 359 GLANBIA PLC: DEALS
    • 14.1.9 DSM-FIRMENICH
    • TABLE 360 DSM-FIRMENICH: BUSINESS OVERVIEW
    • FIGURE 89 DSM-FIRMENICH: COMPANY SNAPSHOT
    • TABLE 361 DSM-FIRMENICH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 362 DSM-FIRMENICH: DEALS
    • 14.1.10 AGT FOOD AND INGREDIENTS
    • TABLE 363 AGT FOOD AND INGREDIENTS: BUSINESS OVERVIEW
    • TABLE 364 AGT FOOD AND INGREDIENTS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 365 AGT FOOD AND INGREDIENTS: DEALS
    • 14.1.11 TATE & LYLE
    • TABLE 366 TATE & LYLE: BUSINESS OVERVIEW
    • FIGURE 90 TATE & LYLE: COMPANY SNAPSHOT
    • TABLE 367 TATE & LYLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 368 TATE & LYLE: DEALS
    • 14.1.12 BURCON
    • TABLE 369 BURCON: BUSINESS OVERVIEW
    • FIGURE 91 BURCON: COMPANY SNAPSHOT
    • TABLE 370 BURCON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 371 BURCON: DEALS
    • TABLE 372 BURCON: OTHERS
    • 14.1.13 EMSLAND GROUP
    • TABLE 373 EMSLAND GROUP: BUSINESS OVERVIEW
    • TABLE 374 EMSLAND GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 375 EMSLAND GROUP: DEALS
    • 14.1.14 PURIS
    • TABLE 376 PURIS: BUSINESS OVERVIEW
    • TABLE 377 PURIS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 378 PURIS: OTHERS
    • 14.1.15 COSUCRA
    • TABLE 379 COSUCRA: BUSINESS OVERVIEW
    • TABLE 380 COSUCRA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 381 COSUCRA: PRODUCT LAUNCHES
    • TABLE 382 COSUCRA: OTHERS
  • 14.2 OTHER PLAYERS
    • 14.2.1 BENEO GMBH
    • TABLE 383 BENEO GMBH: BUSINESS OVERVIEW
    • TABLE 384 BENEO GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 385 BENEO GMBH: DEALS
    • TABLE 386 BENEO GMBH: OTHERS
    • 14.2.2 SOTEXPRO
    • TABLE 387 SOTEXPRO: BUSINESS OVERVIEW
    • TABLE 388 SOTEXPRO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 14.2.3 SHANDONG JIANYUAN GROUP
    • TABLE 389 SHANDONG JIANYUAN GROUP: BUSINESS OVERVIEW
    • TABLE 390 SHANDONG JIANYUAN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 14.2.4 AMCO PROTEINS
    • TABLE 391 AMCO PROTEINS: BUSINESS OVERVIEW
    • TABLE 392 AMCO PROTEINS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 393 AMCO PROTEINS: OTHERS
    • 14.2.5 AUSTRALIAN PLANT PROTEINS PTY LTD.
    • TABLE 394 AUSTRALIAN PLANT PROTEINS PTY LTD.: BUSINESS OVERVIEW
    • TABLE 395 AUSTRALIAN PLANT PROTEINS PTY LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 14.2.6 NUTRAFERMA, INC.
    • TABLE 396 NUTRAFERMA, INC.: BUSINESS OVERVIEW
    • TABLE 397 NUTRAFERMA, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 14.2.7 MYCOTECHNOLOGY, INC.
    • TABLE 398 MYCOTECHNOLOGY, INC.: BUSINESS OVERVIEW
    • TABLE 399 MYCOTECHNOLOGY, INC.: PRODUCT OFFERINGS
    • TABLE 400 MYCOTECHNOLOGY, INC.: PRODUCT LAUNCHES
    • TABLE 401 MYCOTECHNOLOGY, INC.: DEALS
    • TABLE 402 MYCOTECHNOLOGY, INC.: OTHERS
    • 14.2.8 EUROPEAN PROTEIN A/S
    • TABLE 403 EUROPEAN PROTEIN A/S: BUSINESS OVERVIEW
    • TABLE 404 EUROPEAN PROTEIN A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 14.2.9 AMINOLA
    • TABLE 405 AMINOLA: COMPANY OVERVIEW
    • 14.2.10 THE GREEN LABS LLC
    • TABLE 406 THE GREEN LABS LLC: COMPANY OVERVIEW
    • 14.2.11 ET-CHEM
    • TABLE 407 ET-CHEM: COMPANY OVERVIEW
    • 14.2.12 PROEON
    • TABLE 408 PROEON: COMPANY OVERVIEW
    • 14.2.13 BIOWAY ORGANIC GROUP LIMITED
    • TABLE 409 BIOWAY ORGANIC GROUP LIMITED: COMPANY OVERVIEW
    • 14.2.14 NAVITALO
    • TABLE 410 NAVITALO: COMPANY OVERVIEW
  • *Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

15 ADJACENT & RELATED MARKETS

  • 15.1 INTRODUCTION
    • TABLE 411 MARKETS ADJACENT TO PLANT-BASED PROTEIN MARKET
  • 15.2 STUDY LIMITATIONS
  • 15.3 PEA PROTEIN MARKET
    • 15.3.1 MARKET DEFINITION
    • 15.3.2 MARKET OVERVIEW
    • TABLE 412 PEA PROTEIN MARKET, BY FORM, 2020-2023 (USD MILLION)
    • TABLE 413 PEA PROTEIN MARKET, BY FORM, 2024-2029 (USD MILLION)
  • 15.4 SOY PROTEIN INGREDIENTS MARKET
    • 15.4.1 MARKET DEFINITION
    • 15.4.2 MARKET OVERVIEW
    • TABLE 414 SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2018-2021 (USD MILLION)
    • TABLE 415 SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2022-2027 (USD MILLION)
  • 15.5 PROTEIN INGREDIENTS MARKET
    • 15.5.1 MARKET DEFINITION
    • 15.5.2 MARKET OVERVIEW
    • TABLE 416 PROTEIN INGREDIENTS MARKET, BY FORM, 2019-2022 (USD MILLION)
    • TABLE 417 PROTEIN INGREDIENTS MARKET, BY FORM, 2023-2028 (USD MILLION)

16 APPENDIX

  • 16.1 DISCUSSION GUIDE
  • 16.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 16.3 CUSTOMIZATION OPTIONS
  • 16.4 RELATED REPORTS
  • 16.5 AUTHOR DETAILS
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