植物性タンパク質市場 – 2030年までの世界予測

Plant Based Protein Market - Global Forecast To 2030

植物性タンパク質市場 - 原料(大豆、小麦、エンドウ豆、キャノーラ、米、ジャガイモ、ソラマメ)、種類(濃縮物、分離物、テクスチャード加工、粉砕タンパク質粉、高糖質タンパク質粉)、用途、性質、形状、機能、地域別 - 2030年までの世界予測
Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola, Rice, & Potato, Faba Beans), Type (Concentrates, Isolates, Textured, Milled Protein Flours, Strach-rich Protein Flours), Application, Nature, Form, Function, and Region - Global Forecast to 2030

商品番号 : SMB-18299

出版社MarketsandMarkets
出版年月2025年6月
ページ数318
図表数383
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

この調査レポートでは、植物性タンパク質市場を、原料(大豆、小麦、エンドウ豆、キャノーラ、米、ジャガイモ、ソラマメ、その他)、種類(分離物、濃縮物、テクスチャード加工、粉砕タンパク質粉、デンプン質を多く含むタンパク質粉)、用途(食品および飲料(肉代替品、乳製品代替品、ベーカリー製品、パフォーマンスニュートリション、インスタント食品、その他食品および飲料用途)および飼料)、形態(乾燥および液体)、性質(従来型および有機)、機能(栄養強化、結合剤、増粘および粘度増強、その他機能)、および地域(北米、ヨーロッパ、アジア太平洋、南米、その他の世界)別に分類しています。

本レポートは、植物性タンパク質の成長に影響を与える主要な要因(促進要因、制約要因、課題、機会など)に関する詳細な情報を網羅しています。主要業界プレーヤーの徹底的な分析により、各社の事業、サービス、主要戦略、契約、パートナーシップ、合意、製品発売、合併・買収、そして植物性タンパク質市場に関連する最近の動向に関する洞察が得られています。本レポートは、植物性タンパク質市場エコシステムにおける新興スタートアップ企業の競争力分析を網羅しています。さらに、技術分析、エコシステムと市場のマッピング、特許と規制の状況など、業界特有のトレンドについても調査しています。

The plant-based protein market is estimated at USD 23.89 billion in 2025 and is projected to reach USD 34.97 billion by 2030, at a CAGR of 7.9%.

植物性タンパク質市場は、2025年には238億9,000万米ドルに達すると推定され、7.9%のCAGRで成長し、2030年までに349億7,000万米ドルに達すると予測されています。

植物性タンパク質市場 - 2030年までの世界予測
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Diversification of protein sources is one of the major trends that is reshaping the plant-based protein industry. Traditionally, soy and wheat were the key sources of plant-based protein ingredients used in various alternative protein products. Recently, the industry has been rapidly exploring new protein sources with various crops such as faba beans, hemp, mung beans, and other beans & seeds. This is mainly due to a shift in demand for allergen-free and environmentally sustainable products that provide a clear taste profile to meet consumer demand.

タンパク質源の多様化は、植物性タンパク質業界を大きく変革する主要なトレンドの一つです。従来、様々な代替タンパク質製品に使用される植物性タンパク質原料の主な供給源は、大豆と小麦でした。近年、業界ではソラマメ、麻、緑豆、その他の豆類や種子など、様々な作物を用いた新たなタンパク質源の探究が急速に進んでいます。これは主に、消費者のニーズに応える明確な味覚プロファイルを備えた、アレルゲンフリーで環境に配慮した製品への需要の変化によるものです。

Consumers in developed countries are embracing plant-based protein alternatives due to their ability to provide essential nutrients, promote better health, support weight management, and enhance the overall appeal of food. Thus, the consumer shift toward vegan diets is also a key driver impacting the growth. However, allergies associated with plant-based protein sources and nutritional and vitamin deficiencies among vegans are expected to restrain the market.

“Disruptions in the plant-based protein market may offer opportunities for players”

The plant-based protein market faces comprehensive disruption fueled by advances in sourcing, processing, consumer trends, and sustainability concerns. One of the most important changes is the emergence of new and underdeveloped protein sources such as chickpeas, fava beans, hemp, and other beans & seeds that provide alternatives to legacy soy and pea proteins while overcoming allergen, sustainability, and flavor issues. Concurrently, high-tech extraction and processing technologies such as precision fermentation, enzymatic hydrolysis, and dry fractionation enhance plant protein nutritional content, digestibility, and functional behavior to allow cleaner labels and improved sensory effects. Clean label demand alters formulation needs, driving makers to remove artificial additives and choose naturally neutral-tasting or improved-taste proteins.

Meat alternatives in the food & beverage sub-application segment is projected to be the fastest-growing segment

Plant-based meat presents a variety of advantages and trade-offs compared to traditional meat products. It represents an ecological choice over conventional meat regarding resource input and consumption. The requirement of large-scale feedlots and grazing areas results in a considerable ecological impact and is also resource-intensive. In addition, plant-based meat provides considerable environmental benefits across the value chain from farm to fork. These factors are expected to drive the demand for meat alternative segment.

“Pea segment will hold a significant market share among the sources in the plant-based protein market”

Pea protein has emerged as a formidable alternative in the plant-based protein sector due to its exceptional nutritional profile and sustainability benefits. Its rich essential amino acid composition makes it an attractive option for those looking to improve their nutritional intake without relying on animal-based proteins. Furthermore, pea protein’s lower environmental footprint compared to traditional livestock farming enhances its appeal among consumers, who are increasingly prioritizing eco-friendly food sources. As the market for plant-based proteins continues to expand, the growing acceptance and demand for pea protein underscores its potential to shape the future of protein consumption.

“US is projected to dominate the North American plant-based protein market during forecast period”

The US market is one of the largest global markets for the plant-based protein industry. The increased consumption and dependency on plant-based meat and dairy-alternative products have paved the way for significant business opportunities for plant-based protein. Additionally, there is a growing demand for natural and plant-based alternatives within corporate gyms and wellness centers. This shift supports the expansion of plant-based nutritional products, aligning with employee preferences for sustainable, health-conscious lifestyle solutions.

In-depth interviews have been conducted with chief executive officers (CEOs), directors, and other executives from various key organizations operating in the plant-based protein market.

  • By Company Type: Tier 1–25%, Tier 2–45%, and Tier 3–30%
  • By Designation: CXOs–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 in the market include Cargill, Incorporated (US), ADM (US), Kerry Group PLC (Ireland), International Flavors & Fragrances Inc. (US), Ingredion Incorporated (US), Wilmar International Ltd. (Singapore), Roquette Frères (France), Glanbia PLC (Ireland), DSM-Firmenich (Switzerland), AGT Food and Ingredients (Canada), Tate & Lyle (UK), Burcon (Canada), Emsland Group (Germany), PURIS (US), and COSUCRA (Belgium).

植物性タンパク質市場 - 2030年までの世界予測 ecosystem
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Research Coverage

This research report categorizes the plant-based protein market by source (soy, wheat, pea, canola, rice, & potato, faba beans, other sources), type (isolates, concentrates, textured, milled protein flours, starch-rich protein flours), application (food & beverages[meat alternatives, dairy alternatives, bakery products, performance nutrition, convenience food, other food & beverage applications] and feed), form (dry and liquid), nature (conventional and organic), function (nutrition enrichment, binders, thickening & viscosity enhancement, other functions), and region (North America, Europe, Asia Pacific, South America, and Rest of the World).

The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of plant-based protein. A thorough analysis of the key industry players has provided insights into their business, services, key strategies, contracts, partnerships, agreements, product launches, mergers & acquisitions, and recent developments associated with the plant-based protein market. This report covers the competitive analysis of upcoming startups in the plant-based protein market ecosystem. Furthermore, industry-specific trends such as technology analysis, ecosystem & market mapping, and patent & regulatory landscape, among others, are also covered in the study.

Reasons to Buy This Report

The report will offer market leaders/new entrants information on the closest approximate revenue numbers for the overall plant-based protein and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides 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 (allergies associated with plant-based protein sources), opportunities (effective marketing strategies and correct positioning of plant-based proteins), and challenges (concerns over the quality of food and beverages due to adulteration of GM ingredients) influencing the growth of the plant-based protein market
  • Product Development/Innovation: Detailed insights on research & development activities and new product launches in the plant-based protein market
  • Market Development: Comprehensive information about lucrative markets—analysis of plant-based protein across varied regions
  • Market Diversification: Exhaustive information about new product sources, untapped geographies, recent developments, and investments in the plant-based protein market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, brand/product comparison, and product footprints of leading players such as Cargill, Incorporated (US), ADM (US), Kerry Group PLC (Ireland), International Flavors & Fragrances Inc. (US), Ingredion Incorporated (US), Wilmar International Ltd. (Singapore), Roquette Frères (France), Glanbia PLC (Ireland), DSM-Firmenich (Switzerland), and other players in the plant-based protein market

Table of Contents

1               INTRODUCTION              29

1.1           STUDY OBJECTIVES       29

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   30

1.3.1        MARKETS COVERED AND REGIONS CONSIDERED                 30

1.3.2        INCLUSIONS AND EXCLUSIONS 31

1.3.3        YEARS CONSIDERED      32

1.3.4        CURRENCY CONSIDERED            32

1.3.5        UNITS CONSIDERED      33

1.4           STAKEHOLDERS               33

1.5           SUMMARY OF CHANGES               34

2               RESEARCH METHODOLOGY       35

2.1           RESEARCH DATA              35

2.1.1        SECONDARY DATA          36

2.1.1.1    Key data from secondary sources       36

2.1.2        PRIMARY DATA 36

2.1.2.1    Key data from primary sources           37

2.1.2.2    Breakdown of primary profiles           37

2.1.2.3    Key insights from industry experts    38

2.2           MARKET SIZE ESTIMATION         38

2.2.1        TOP-DOWN APPROACH                39

2.2.2        SUPPLY-SIDE ANALYSIS                 40

2.2.3        BOTTOM-UP APPROACH (DEMAND SIDE)           41

2.3           DATA TRIANGULATION AND MARKET BREAKDOWN                 42

2.4           RESEARCH ASSUMPTIONS           43

2.5           LIMITATIONS & RISK ASSESSMENT          44

3               EXECUTIVE SUMMARY  45

4               PREMIUM INSIGHTS       50

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PLANT-BASED PROTEIN MARKET            50

4.2           NORTH AMERICA: PLANT-BASED PROTEIN MARKET,  BY APPLICATION AND COUNTRY             51

4.3           PLANT-BASED PROTEIN MARKET, BY TYPE         51

4.4           PLANT-BASED PROTEIN MARKET, BY SOURCE  52

4.5           PLANT-BASED PROTEIN MARKET, BY FORM       52

4.6           PLANT-BASED PROTEIN MARKET, BY NATURE  53

4.7           PLANT-BASED PROTEIN MARKET, BY APPLICATION AND REGION     54

4.8           PLANT-BASED PROTEIN MARKET, BY KEY COUNTRY                 55

5               MARKET OVERVIEW       56

5.1           INTRODUCTION              56

5.2           MACROECONOMIC INDICATORS              57

5.2.1        GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS  AND BOOST IN INNOVATION      57

5.2.2        INCREASE IN SOYBEAN PRODUCTION   58

5.2.3        CONSUMER SHIFT TOWARD PLANT-BASED NUTRITION                 58

5.3           MARKET DYNAMICS       59

5.3.1        DRIVERS               60

5.3.1.1    Growing interest in health-centric food and beverages  60

5.3.1.2    Growth in consumer preferences toward veganism        60

5.3.1.3    Rise in cases of lactose intolerance    61

5.3.1.4    Increased preference for meat alternatives       61

5.3.1.5    Innovation and developments related to plant-based protein to augment vegan trend            62

5.3.2        RESTRAINTS      62

5.3.2.1    Allergies associated with plant-based protein sources    62

5.3.2.2    Nutritional and vitamin deficiencies among vegans        63

5.3.3        OPPORTUNITIES              63

5.3.3.1    Focus on aquatic plants as new and emerging sources of protein                 63

5.3.3.2    Effective marketing strategies and correct positioning of plant-based proteins       64

5.3.3.3    Lifestyle changes  65

5.3.4        CHALLENGES    66

5.3.4.1    Concerns over quality of food and beverages due to adulteration of GM ingredients                 66

5.3.4.2    Economic constraints           66

5.3.4.3    Concerns related to taste and texture offered by plant-based protein    66

5.4           IMPACT OF GEN AI ON FOOD & BEVERAGE INGREDIENTS/ ADDITIVES         67

5.4.1        USE OF GEN AI IN FOOD & BEVERAGE INGREDIENTS/ADDITIVES          68

5.4.2        CASE STUDIES FOR GENERATIVE AI IN FOOD & BEVERAGE INGREDIENTS/ADDITIVES   69

5.4.2.1    Kerry Trendspotter leveraged AI and ML to analyze consumer-generated social media content, identifying and  predicting food trends                 69

5.4.2.2    IFF partners with Salus Optima to create personalized nutrition platform using AI to offer customized dietary recommendations based on metabolic health   69

5.4.2.3    Ingredion utilized cloud-based data analytics, AI, and cloud technology to address challenges in F&B industry          70

5.4.3        IMPACT OF GENERATIVE AI/AI ON PLANT-BASED PROTEIN MARKET           70

5.4.4        ADJACENT ECOSYSTEM WORKING ON GENERATIVE AI                 71

6               INDUSTRY TRENDS         72

6.1           INTRODUCTION              72

6.2           IMPACT OF 2025 US TARIFF: PLANT-BASED PROTEIN MARKET               72

6.2.1        INTRODUCTION              72

6.2.2        KEY TARIFF RATES          73

6.2.3        DISRUPTION IN PLANT-BASED PROTEIN PRODUCTS                 73

6.2.4        PRICE IMPACT ANALYSIS             74

6.2.5        IMPACT ON COUNTRY/REGION                75

6.2.5.1    US           75

6.2.5.2    Europe   76

6.2.5.3    China      76

6.2.6        IMPACT ON END-USE INDUSTRY              77

6.3           VALUE CHAIN ANALYSIS               78

6.3.1        RESEARCH & PRODUCT DEVELOPMENT               78

6.3.2        RAW MATERIAL SOURCING         79

6.3.3        PRODUCTION & PROCESSING   79

6.3.4        DISTRIBUTION 79

6.3.5        MARKETING & SALES     79

6.3.6        END USERS         79

6.4           TRADE ANALYSIS             80

6.4.1        IMPORT SCENARIO OF SOYBEANS           80

6.4.2        EXPORT SCENARIO OF SOYBEANS           81

6.4.3        IMPORT SCENARIO OF PEAS       82

6.4.4        EXPORT SCENARIO OF PEAS       83

6.4.5        IMPORT SCENARIO OF WHEAT & MESLIN             84

6.4.6        EXPORT SCENARIO OF WHEAT & MESLIN             85

6.4.7        IMPORT SCENARIO OF RICE       86

6.4.8        EXPORT SCENARIO OF RICE       87

6.4.9        IMPORT SCENARIO OF OATS      88

6.4.10      EXPORT SCENARIO OF OATS      89

6.5           TECHNOLOGY ANALYSIS             90

6.5.1        KEY TECHNOLOGY         90

6.5.1.1    Extrusion                90

6.5.2        COMPLIMENTARY TECHNOLOGY            91

6.5.2.1    High-Pressure Processing (HPP)      91

6.5.3        ADJACENT TECHNOLOGY           91

6.5.3.1    Wet processing method for producing dairy milk alternative                 91

6.6           PRICING ANALYSIS          91

6.6.1        AVERAGE SELLING PRICE, BY KEY PLAYER           91

6.6.2        AVERAGE SELLING PRICE TREND, BY REGION   93

6.7           ECOSYSTEM       94

6.7.1        DEMAND SIDE  94

6.7.2        SUPPLY SIDE     94

6.8           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            96

6.9           PATENT ANALYSIS          97

6.10         KEY CONFERENCES & EVENTS, 2025–2026              100

6.11         REGULATORY LANDSCAPE         101

6.11.1      REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS  101

6.11.2      REGULATORY FRAMEWORK       103

6.11.2.1  North America      103

6.11.2.2  Europe   104

6.11.2.3  Asia Pacific            106

6.12         PORTER’S FIVE FORCES ANALYSIS           107

6.12.1      THREAT OF NEW ENTRANTS      108

6.12.2      THREAT OF SUBSTITUTES          108

6.12.3      BARGAINING POWER OF SUPPLIERS       109

6.12.4      BARGAINING POWER OF BUYERS             109

6.12.5      INTENSITY OF COMPETITIVE RIVALRY 109

6.13         KEY STAKEHOLDERS & BUYING CRITERIA            110

6.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           110

6.13.2      BUYING CRITERIA           111

6.14         CASE STUDY ANALYSIS 111

6.14.1      BLUE DIAMOND GROWERS PARTNERED WITH GROUP LALA TO ESTABLISH NETWORK IN MEXICO        111

6.14.2      KERRY GROUP PLC REVOLUTIONIZED PLANT-BASED PRODUCTS  IN ASIA PACIFIC MARKET 112

6.14.3      ADM OFFERED NEW PLANT-BASED PROTEINS TO MEET GROWING CONSUMER DEMAND              112

6.14.4      GLANBIA LAUNCHED GRAIN PORTFOLIO TO ADDRESS CONSUMERS’ RISING HEALTH CONCERNS           112

6.15         INVESTMENT & FUNDING SCENARIO     113

6.16         EMERGING PROTEIN SOURCE – SESAME PROTEIN                 113

7               PLANT-BASED PROTEIN MARKET, BY APPLICATION                 115

7.1           INTRODUCTION              116

7.2           FOOD & BEVERAGES      117

7.2.1        INCREASED CONSUMPTION OF PLANT-BASED MEAT AND DAIRY ALTERNATIVES TO DRIVE DEMAND               117

7.2.2        MEAT ALTERNATIVES   119

7.2.3        DAIRY ALTERNATIVES  120

7.2.4        BAKERY PRODUCTS       121

7.2.5        PERFORMANCE NUTRITION       122

7.2.6        CONVENIENCE FOOD   123

7.2.7        OTHER FOOD & BEVERAGE APPLICATIONS        125

7.3           FEED     126

7.3.1        GROWING DEMAND FOR CLEAN-LABEL AND SUSTAINABLE FEED PRODUCTS TO DRIVE MARKET       126

8               PLANT-BASED PROTEIN MARKET, BY NATURE  127

8.1           INTRODUCTION              128

8.2           CONVENTIONAL              129

8.2.1        GROWING UTILIZATION IN FOOD AND FEED INDUSTRIES TO STIMULATE MARKET EXPANSION          129

8.3           ORGANIC             130

8.3.1        CONSUMER INCLINATION TOWARD TRANSPARENCY AND PRODUCT CLAIMS TO DRIVE GROWTH      130

9               PLANT-BASED PROTEIN MARKET, BY FORM       132

9.1           INTRODUCTION              133

9.2           DRY        134

9.2.1        APPLICATION OF DRY PLANT-BASED PROTEIN IN FOOD & BEVERAGE PRODUCTS TO DRIVE MARKET        134

9.3           LIQUID 135

9.3.1        HIGH PROTEIN REQUIREMENTS IN NUTRITIONAL SUPPLEMENTS TO DRIVE DEMAND        135

10            PLANT-BASED PROTEIN MARKET, BY FUNCTION                 137

10.1         INTRODUCTION              137

10.2         NUTRITION ENRICHMENT          137

10.3         BINDERS              138

10.4         THICKENING & VISCOSITY ENHANCEMENT        138

10.5         OTHER FUNCTIONS       138

11            PLANT-BASED PROTEIN MARKET, BY SOURCE  140

11.1         INTRODUCTION              141

11.2         SOY        143

11.2.1      SURGE IN DEMAND FOR PLANT-BASED PROTEIN ALTERNATIVES AND INCREASING SOY EXPORTS TO LEAD TO MARKET GROWTH          143

11.3         WHEAT 145

11.3.1      EXCELLENT BINDING CHARACTERISTICS, COUPLED  WITH INCREASED USAGE IN ALTERNATIVE MEAT PRODUCTS,  TO DRIVE GROWTH        145

11.4         PEA        147

11.4.1      RAPID SHIFT IN PREFERENCES OF CONSUMERS TO PLANT-BASED PROTEIN TO DRIVE DEMAND     147

11.5         CANOLA, RICE, OATS, AND POTATOES 149

11.5.1      GROWING CONSUMER INTEREST IN TRADITIONAL PLANT-BASED PROTEIN PRODUCTS TO DRIVE DEMAND                 149

11.6         FABA BEANS       151

11.6.1      VEGAN POPULATION AND HEALTH-CONSCIOUS CONSUMERS SEEKING SUSTAINABLE PROTEIN SOURCES TO DRIVE DEMAND               151

11.7         OTHER SOURCES             153

12            PLANT-BASED PROTEIN MARKET, BY TYPE         155

12.1         INTRODUCTION              156

12.2         ISOLATES            157

12.2.1      APPLICATION OF PLANT-PROTEIN ISOLATES IN INFANT FOOD PRODUCTS TO DRIVE GROWTH 157

12.3         CONCENTRATES              158

12.3.1      APPLICATION OF CONCENTRATES ACROSS FOOD AND NUTRITION SUPPLEMENTS TO DRIVE DEMAND               158

12.4         TEXTURED         159

12.4.1      INCREASE IN CONSUMER PREFERENCE FOR PLANT-BASED MEAT PRODUCTS TO DRIVE DEMAND   159

12.5         MILLED PROTEIN FLOURS           160

12.5.1      ADAPTABILITY IN GLUTEN-FREE AND VEGAN PRODUCTS TO BOOST MARKET                160

12.6         STARCH-RICH PROTEIN FLOURS              162

12.6.1      VERSATILITY IN IMPROVING PRODUCT TEXTURE AND SHELF LIFE TO DRIVE MARKET GROWTH             162

13            PLANT-BASED PROTEIN MARKET, BY REGION   163

13.1         INTRODUCTION              164

13.2         NORTH AMERICA             166

13.2.1      US           172

13.2.1.1  Rise in awareness regarding environmental and personal health benefits to drive preference for plant-based ingredients                172

13.2.2      CANADA               174

13.2.2.1  Capitalization on large-scale shift toward flexitarian diets by prominent players to drive production              174

13.2.3      MEXICO                175

13.2.3.1  Evolving consumer preferences and increasing demand for nutritious pet food to stimulate market growth                175

13.3         EUROPE               176

13.3.1      GERMANY           182

13.3.1.1  Increasing dependence on plant-based foods and high adoption rate of flexitarian diets to drive growth             182

13.3.2      UK          183

13.3.2.1  Increasing vegan population to drive plant-based protein market                 183

13.3.3      FRANCE                184

13.3.3.1  Government support to develop domestic plant-based protein production and reduce imports to drive growth               184

13.3.4      ITALY    186

13.3.4.1  Rapid shift in consumer preferences from conventional to plant-based protein to drive market             186

13.3.5      SPAIN    187

13.3.5.1  Product innovation and increased consumption of plant-based convenience food products to drive market     187

13.3.6      NETHERLANDS 188

13.3.6.1  Increasing popularity of plant-based food products due to their health and environmental benefits to drive demand       188

13.3.7      REST OF EUROPE             189

13.4         ASIA PACIFIC     191

13.4.1      CHINA  196

13.4.1.1  Demand for products with health benefits to drive market                 196

13.4.2      JAPAN   197

13.4.2.1  Aging population and rising consumption of plant-based convenience foods to drive market    197

13.4.3      AUSTRALIA & NEW ZEALAND     199

13.4.3.1  Investments from key players and rising vegan population to drive growth    199

13.4.4      INDIA    200

13.4.4.1  Evolving dietary preferences and increasing cases of coronary heart disease to drive demand            200

13.4.5      REST OF ASIA PACIFIC   202

13.5         SOUTH AMERICA             203

13.5.1      BRAZIL 208

13.5.1.1  Rise in demand for performance nutrition products to drive growth    208

13.5.2      ARGENTINA       209

13.5.2.1  Environmental, nutritional, and animal welfare concerns among youth to drive demand         209

13.5.3      REST OF SOUTH AMERICA           211

13.5.3.1  Increase in willingness to invest extra in nutritionally advantageous foods to drive demand 211

13.6         REST OF THE WORLD (ROW)      212

13.6.1      AFRICA 216

13.6.1.1  Favorable processing conditions, coupled with rising consumer awareness regarding health issues, to drive growth         216

13.6.2      MIDDLE EAST   217

13.6.2.1  Demand for plant-based convenience food to drive growth                 217

14            COMPETITIVE LANDSCAPE         219

14.1         OVERVIEW          219

14.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            219

14.3         REVENUE ANALYSIS       221

14.4         MARKET SHARE ANALYSIS           222

14.5         COMPANY VALUATION AND FINANCIAL METRICS                 224

14.6         BRAND/PRODUCT COMPARISON             225

14.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 226

14.7.1      STARS   226

14.7.2      EMERGING LEADERS     226

14.7.3      PERVASIVE PLAYERS      227

14.7.4      PARTICIPANTS 227

14.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         228

14.7.5.1  Company footprint               228

14.7.5.2  Regional footprint                 229

14.7.5.3  Source footprint    229

14.7.5.4  Type footprint       230

14.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        231

14.8.1      PROGRESSIVE COMPANIES         231

14.8.2      RESPONSIVE COMPANIES            231

14.8.3      DYNAMIC COMPANIES  231

14.8.4      STARTING BLOCKS         231

14.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 232

14.9         COMPETITIVE SCENARIO AND TRENDS                234

14.9.1      PRODUCT LAUNCHES   234

14.9.2      DEALS  235

14.9.3      EXPANSIONS     239

15            COMPANY PROFILES      241

15.1         KEY PLAYERS     241

15.1.1      CARGILL, INCORPORATED          241

15.1.1.1  Business overview 241

15.1.1.2  Products/Services/Solutions offered 242

15.1.1.3  Recent developments           243

15.1.1.3.1                Deals      243

15.1.1.3.2                Others    243

15.1.1.4  MnM view              244

15.1.1.4.1                Key strengths        244

15.1.1.4.2                Strategic choices   244

15.1.1.4.3                Weaknesses & competitive threats     244

15.1.2      ARCHER DANIELS MIDLAND (ADM)COMPANY  245

15.1.2.1  Business overview 245

15.1.2.2  Products/Services/Solutions offered 246

15.1.2.3  Recent developments           248

15.1.2.3.1                Product launches  248

15.1.2.3.2                Deals      249

15.1.2.3.3                Others    249

15.1.2.4  MnM view              250

15.1.2.4.1                Key strengths        250

15.1.2.4.2                Strategic choices   250

15.1.2.4.3                Weaknesses & competitive threats     250

15.1.3      KERRY GROUP PLC          251

15.1.3.1  Business overview 251

15.1.3.2  Products/Services/Solutions offered 252

15.1.3.3  Recent developments           253

15.1.3.3.1                Deals      253

15.1.3.3.2                Others    253

15.1.3.4  MnM view              253

15.1.3.4.1                Key strengths        253

15.1.3.4.2                Strategic choices   253

15.1.3.4.3                Weaknesses & competitive threats     253

15.1.4      INTERNATIONAL FLAVORS & FRAGRANCES INC.                 254

15.1.4.1  Business overview 254

15.1.4.2  Products/Services/Solutions offered 255

15.1.4.3  Recent developments           256

15.1.4.3.1                Deals      256

15.1.4.4  MnM view              256

15.1.4.4.1                Key strengths        256

15.1.4.4.2                Strategic choices   256

15.1.4.4.3                Weaknesses & competitive threats     257

15.1.5      INGREDION INCORPORATED    258

15.1.5.1  Business overview 258

15.1.5.2  Products/Services/Solutions offered 259

15.1.5.3  Recent developments           260

15.1.5.3.1                Product launches  260

15.1.5.3.2                Deals      261

15.1.5.3.3                Others    261

15.1.5.4  MnM view              262

15.1.5.4.1                Key strengths        262

15.1.5.4.2                Strategic choices   262

15.1.5.4.3                Weaknesses & competitive threats     262

15.1.6      WILMAR INTERNATIONAL LIMITED       263

15.1.6.1  Business overview 263

15.1.6.2  Products/Services/Solutions offered 264

15.1.6.3  Recent developments           265

15.1.6.4  MnM view              265

15.1.7      ROQUETTE FRÈRES        266

15.1.7.1  Business overview 266

15.1.7.2  Products/Services/Solutions offered 266

15.1.7.3  Recent developments           267

15.1.7.3.1                Product launches  267

15.1.7.3.2                Deals      268

15.1.7.3.3                Others    268

15.1.7.4  MnM view              268

15.1.8      GLANBIA PLC    269

15.1.8.1  Business overview 269

15.1.8.2  Products/Services/Solutions offered 270

15.1.8.3  Recent developments           271

15.1.8.3.1                Product launches  271

15.1.8.4  MnM view              271

15.1.9      DSM-FIRMENICH              272

15.1.9.1  Business overview 272

15.1.9.2  Products/Services/Solutions offered 273

15.1.9.3  Recent developments           274

15.1.9.3.1                Deals      274

15.1.9.4  MnM view              274

15.1.10   AGT FOOD AND INGREDIENTS 275

15.1.10.1                 Business overview 275

15.1.10.2                 Products/Services/Solutions offered 275

15.1.10.3                 Recent developments           276

15.1.10.3.1             Deals      276

15.1.10.4                 MnM view              276

15.1.11   TATE & LYLE      277

15.1.11.1                 Business overview 277

15.1.11.2                 Products/Services/Solutions offered 278

15.1.11.3                 Recent developments           279

15.1.11.3.1             Deals      279

15.1.11.4                 MnM view              279

15.1.12   BURCON              280

15.1.12.1                 Business overview 280

15.1.12.2                 Products/Services/Solutions offered 281

15.1.12.3                 Recent developments           281

15.1.12.3.1             Deals      281

15.1.12.3.2             Others    282

15.1.12.4                 MnM view              282

15.1.13   EMSLAND GROUP            283

15.1.13.1                 Business overview 283

15.1.13.2                 Products/Services/Solutions offered 283

15.1.13.3                 Recent developments           284

15.1.13.3.1             Deals      284

15.1.13.4                 MnM view              284

15.1.14   PURIS    285

15.1.14.1                 Business overview 285

15.1.14.2                 Products/Services/Solutions offered 285

15.1.14.3                 Recent developments           286

15.1.14.3.1             Others    286

15.1.14.4                 MnM view              286

15.1.15   COSUCRA            287

15.1.15.1                 Business overview 287

15.1.15.2                 Products/Services/Solutions offered 287

15.1.15.3                 Recent developments           287

15.1.15.3.1             Product launches  287

15.1.15.3.2             Others    288

15.1.15.4                 MnM view              288

15.2         OTHER PLAYERS              289

15.2.1      BENEO 289

15.2.1.1  Business overview 289

15.2.1.2  Products/Services/Solutions offered 289

15.2.1.3  Recent developments           290

15.2.1.3.1                Deals      290

15.2.1.3.2                Others    290

15.2.1.4  MnM view              291

15.2.2      SOTEXPRO          292

15.2.2.1  Business overview 292

15.2.2.2  Products/Services/Solutions offered 292

15.2.2.3  Recent developments           292

15.2.2.4  MnM view              292

15.2.3      SHANDONG JIANYUAN GROUP 293

15.2.3.1  Business overview 293

15.2.3.2  Products/Services/Solutions offered 293

15.2.3.3  Recent developments           293

15.2.3.4  MnM view              293

15.2.4      AMCO PROTEINS             294

15.2.4.1  Business overview 294

15.2.4.2  Products/Services/Solutions offered 294

15.2.4.3  Recent developments           294

15.2.4.3.1                Others    294

15.2.4.4  MnM view              295

15.2.5      AMINOLA            296

15.2.5.1  Business overview 296

15.2.5.2  Products/Services/Solutions offered 296

15.2.5.3  Recent developments           297

15.2.5.4  MnM view              297

15.2.6      THE GREEN LABS LLC    298

15.2.7      AXIOM FOODS, INC.       299

15.2.8      NUTRI-PEA         300

15.2.9      FENCHEM            301

15.2.10   SUN NUTRAFOODS         302

16            ADJACENT & RELATED MARKETS             303

16.1         INTRODUCTION              303

16.2         STUDY LIMITATIONS    303

16.3         PEA PROTEIN MARKET 303

16.3.1      MARKET DEFINITION   303

16.3.2      MARKET OVERVIEW       304

16.4         SOY PROTEIN INGREDIENTS MARKET   305

16.4.1      MARKET DEFINITION   305

16.4.2      MARKET OVERVIEW       305

16.5         PROTEIN INGREDIENTS MARKET             306

16.5.1      MARKET DEFINITION   306

16.5.2      MARKET OVERVIEW       306

17            APPENDIX           307

17.1         DISCUSSION GUIDE        307

17.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                314

17.3         CUSTOMIZATION OPTIONS        316

17.4         RELATED REPORTS         316

17.5         AUTHOR DETAILS           317

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2020–2024            33

TABLE 2                PLANT-BASED PROTEIN MARKET SNAPSHOT, 2025 VS. 2030 (USD MILLION)      46

TABLE 3                PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE, BY ETHNICITY                61

TABLE 4                US ADJUSTED RECIPROCAL TARIFF RATES                 73

TABLE 5                EXPECTED IMPACT LEVEL ON TARGET INGREDIENTS WITH RELEVANT HS CODES DUE TO TRUMP TARIFF IMPACT                75

TABLE 6                EXPECTED TARIFF IMPACT ON END-USE INDUSTRIES: PLANT-BASED FOOD PRODUCTS 77

TABLE 7                IMPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY,

2020–2024 (USD MILLION)            81

TABLE 8                EXPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY,

2020–2024 (USD MILLION)            82

TABLE 9                IMPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY,

2020–2024 (USD MILLION)            83

TABLE 10              EXPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY,

2020–2024 (USD MILLION)            84

TABLE 11              IMPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY,

2020–2024 (USD MILLION)            85

TABLE 12              EXPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY,

2020–2024 (USD MILLION)            86

TABLE 13              IMPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY,

2020–2024 (USD MILLION)            87

TABLE 14              EXPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY,

2020–2024 (USD MILLION)            88

TABLE 15              IMPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY,

2020–2024 (USD MILLION)            89

TABLE 16              EXPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY,

2020–2024 (USD MILLION)            90

TABLE 17              AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY KEY PLAYERS,

2024 (USD/KG)  92

TABLE 18              AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY REGION,

2021–2024 (USD/TON)  93

TABLE 19              PLANT-BASED PROTEIN MARKET: ECOSYSTEM                 95

TABLE 20              LIST OF MAJOR PATENTS PERTAINING TO PLANT-BASED PROTEIN MARKET,

2014–2024              97

TABLE 21              PLANT-BASED PROTEIN MARKET: LIST OF KEY CONFERENCES & EVENTS,

2025–2026              100

TABLE 22              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 101

TABLE 23              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           101

TABLE 24              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 102

TABLE 25              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 102

TABLE 26              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 102

TABLE 27              PORTER’S FIVE FORCES ANALYSIS           107

TABLE 28              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES      110

TABLE 29              KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS   111

TABLE 30              PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              116

TABLE 31              PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              117

TABLE 32              FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            117

TABLE 33              FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            118

TABLE 34              FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            118

TABLE 35              FOOD & BEVERAGE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            118

TABLE 36              MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            119

TABLE 37              MEAT ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            120

TABLE 38              DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            120

TABLE 39              DAIRY ALTERNATIVES: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            121

TABLE 40              BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            122

TABLE 41              BAKERY PRODUCTS: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            122

TABLE 42              PERFORMANCE NUTRITION: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            123

TABLE 43              PERFORMANCE NUTRITION: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            123

TABLE 44              CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            124

TABLE 45              CONVENIENCE FOOD: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            124

TABLE 46              OTHER FOOD & BEVERAGE APPLICATIONS: PLANT-BASED PROTEIN MARKET,

BY REGION, 2021–2024 (USD MILLION)   125

TABLE 47              OTHER FOOD & BEVERAGE APPLICATIONS: PLANT-BASED PROTEIN MARKET,

BY REGION, 2025–2030 (USD MILLION)   125

TABLE 48              FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          126

TABLE 49              FEED: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          126

TABLE 50              PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)            128

TABLE 51              PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)            129

TABLE 52              CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            129

TABLE 53              CONVENTIONAL: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            130

TABLE 54              ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            131

TABLE 55              ORGANIC: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            131

TABLE 56              PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)            133

TABLE 57              PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)            133

TABLE 58              DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          134

TABLE 59              DRY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          135

TABLE 60              LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          136

TABLE 61              LIQUID: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          136

TABLE 62              PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)            141

TABLE 63              PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)            142

TABLE 64              PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)   142

TABLE 65              PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)   142

TABLE 66              SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          143

TABLE 67              SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          144

TABLE 68              SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)                 144

TABLE 69              SOY: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)                 144

TABLE 70              WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          145

TABLE 71              WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          146

TABLE 72              WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)                 146

TABLE 73              WHEAT: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)                 146

TABLE 74              PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          148

TABLE 75              PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          148

TABLE 76              PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)                 148

TABLE 77              PEA: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)                 149

TABLE 78              CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,

BY REGION, 2021–2024 (USD MILLION)   150

TABLE 79              CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,

BY REGION, 2025–2030 (USD MILLION)   150

TABLE 80              CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,

BY REGION, 2021–2024 (KT)          150

TABLE 81              CANOLA, RICE, OATS, AND POTATOES: PLANT-BASED PROTEIN MARKET,

BY REGION, 2025–2030 (KT)          151

TABLE 82              FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            151

TABLE 83              FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            152

TABLE 84              FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)          152

TABLE 85              FABA BEANS: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)          152

TABLE 86              OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            153

TABLE 87              OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            153

TABLE 88              OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)      154

TABLE 89              OTHER SOURCES: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)      154

TABLE 90              PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)            156

TABLE 91              PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)            157

TABLE 92              ISOLATES: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            158

TABLE 93              ISOLATES: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            158

TABLE 94              CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            159

TABLE 95              CONCENTRATES: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            159

TABLE 96              TEXTURED: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            160

TABLE 97              TEXTURED: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            160

TABLE 98              MILLED PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION,

2021–2024 (USD MILLION)            161

TABLE 99              MILLED PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            161

TABLE 100            STARCH-RICH PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION,  2021–2024 (USD MILLION)            162

TABLE 101            STARCH-RICH PROTEIN FLOURS: PLANT-BASED PROTEIN MARKET, BY REGION,  2025–2030 (USD MILLION)            162

TABLE 102            PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)            165

TABLE 103            PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)            165

TABLE 104            PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (KT)   166

TABLE 105            PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (KT)   166

TABLE 106            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            168

TABLE 107            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)          168

TABLE 108            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            168

TABLE 109            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            169

TABLE 110            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)     169

TABLE 111            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)     169

TABLE 112            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,

2021–2024 (USD MILLION)            170

TABLE 113            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            170

TABLE 114            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            170

TABLE 115            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            170

TABLE 116            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)            171

TABLE 117            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)            171

TABLE 118            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,

2021–2024 (USD MILLION)            171

TABLE 119            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            172

TABLE 120            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,

2021–2024 (USD MILLION)            172

TABLE 121            NORTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,

2025–2030 (USD MILLION)            172

TABLE 122            US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         173

TABLE 123            US: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         173

TABLE 124            CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            174

TABLE 125            CANADA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            175

TABLE 126            MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            176

TABLE 127            MEXICO: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            176

TABLE 128            EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            177

TABLE 129            EUROPE: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            177

TABLE 130            EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            178

TABLE 131            EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            178

TABLE 132            EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)                178

TABLE 133            EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)                179

TABLE 134            EUROPE: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)                179

TABLE 135            EUROPE: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)                179

TABLE 136            EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            180

TABLE 137            EUROPE: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            180

TABLE 138            EUROPE: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION,  2021–2024 (USD MILLION)                 180

TABLE 139            EUROPE: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION,  2025–2030 (USD MILLION)                 181

TABLE 140            EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE,

2021–2024 (USD MILLION)            181

TABLE 141            EUROPE: PLANT-BASED PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            181

TABLE 142            EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)              181

TABLE 143            EUROPE: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)              182

TABLE 144            GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            183

TABLE 145            GERMANY: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            183

TABLE 146            UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         184

TABLE 147            UK: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         184

TABLE 148            FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            185

TABLE 149            FRANCE: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            185

TABLE 150            ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         186

TABLE 151            ITALY: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         186

TABLE 152            SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         187

TABLE 153            SPAIN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         188

TABLE 154            NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            188

TABLE 155            NETHERLANDS: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            189

TABLE 156            REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            190

TABLE 157            REST OF EUROPE: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            190

TABLE 158          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            192

TABLE 159          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            192

TABLE 160          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            192

TABLE 161          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            193

TABLE 162          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)         193

TABLE 163          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)         193

TABLE 164          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY TYPE,

2021–2024 (USD MILLION)            194

TABLE 165          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            194

TABLE 166          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            194

TABLE 167          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            194

TABLE 168          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)                 195

TABLE 169          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)                 195

TABLE 170          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE,

2021–2024 (USD MILLION)            195

TABLE 171          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            196

TABLE 172          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM,

2021–2024 (USD MILLION)            196

TABLE 173          ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY FORM,

2025–2030 (USD MILLION)            196

TABLE 174            CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         197

TABLE 175            CHINA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         197

TABLE 176            JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         199

TABLE 177            JAPAN: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         199

TABLE 178            AUSTRALIA & NZ: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            200

TABLE 179            AUSTRALIA & NZ: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            200

TABLE 180            INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         201

TABLE 181            INDIA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         202

TABLE 182            REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            203

TABLE 183            REST OF ASIA PACIFIC: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            203

TABLE 184            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            204

TABLE 185            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            204

TABLE 186            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            204

TABLE 187            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            205

TABLE 188            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)     205

TABLE 189            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)     205

TABLE 190            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,

2021–2024 (USD MILLION)            206

TABLE 191            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            206

TABLE 192            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            206

TABLE 193            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            206

TABLE 194            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2021–2024 (USD MILLION)            207

TABLE 195            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION, 2025–2030 (USD MILLION)            207

TABLE 196            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,

2021–2024 (USD MILLION)            207

TABLE 197            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            208

TABLE 198            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,

2021–2024 (USD MILLION)            208

TABLE 199            SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY FORM,

2025–2030 (USD MILLION)            208

TABLE 200            BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         209

TABLE 201            BRAZIL: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         209

TABLE 202            ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            210

TABLE 203            ARGENTINA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            210

TABLE 204            REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            211

TABLE 205            REST OF SOUTH AMERICA: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            211

TABLE 206            ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2021–2024 (USD MILLION)          212

TABLE 207            ROW: PLANT-BASED PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          212

TABLE 208            ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         212

TABLE 209            ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         213

TABLE 210            ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (KT)                213

TABLE 211            ROW: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (KT)                213

TABLE 212            ROW: PLANT-BASED PROTEIN MARKET, BY TYPE, 2021–2024 (USD MILLION)                214

TABLE 213            ROW: PLANT-BASED PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)                214

TABLE 214            ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            214

TABLE 215            ROW: PLANT-BASED PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            214

TABLE 216            ROW: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION,  2021–2024 (USD MILLION)                 215

TABLE 217            ROW: PLANT-BASED PROTEIN MARKET, BY FOOD & BEVERAGE APPLICATION,  2025–2030 (USD MILLION)                 215

TABLE 218            ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2021–2024 (USD MILLION)         215

TABLE 219            ROW: PLANT-BASED PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)         216

TABLE 220            ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2021–2024 (USD MILLION)              216

TABLE 221            ROW: PLANT-BASED PROTEIN MARKET, BY FORM, 2025–2030 (USD MILLION)              216

TABLE 222            AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2021–2024 (USD MILLION)         217

TABLE 223            AFRICA: PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025–2030 (USD MILLION)         217

TABLE 224            MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2021–2024 (USD MILLION)            218

TABLE 225            MIDDLE EAST: PLANT-BASED PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            218

TABLE 226            OVERVIEW OF STRATEGIES ADOPTED BY KEY PLANT-BASED PROTEIN MARKET PLAYERS         220

TABLE 227            PLANT-BASED PROTEIN: MARKET SHARE ANALYSIS, 2024  223

TABLE 228            REGIONAL FOOTPRINT                 229

TABLE 229            SOURCE FOOTPRINT     229

TABLE 230            TYPE FOOTPRINT            230

TABLE 231            PLANT-BASED PROTEIN MARKET: DETAILED LIST OF KEY STARTUPS/SMES   232

TABLE 232            PLANT-BASED PROTEIN MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES    233

TABLE 233            PLANT-BASED PROTEIN MARKET: PRODUCT LAUNCHES,

AUGUST 2020–JUNE 2025                234

TABLE 234            PLANT-BASED PROTEIN MARKET: DEALS, JANUARY 2020–JUNE 2025              235

TABLE 235          PLANT-BASED PROTEIN MARKET: EXPANSIONS, JUNE 2020–APRIL 2022    239

TABLE 236            CARGILL, INCORPORATED: COMPANY OVERVIEW          241

TABLE 237            CARGILL, INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED    242

TABLE 238            CARGILL, INCORPORATED: DEALS          243

TABLE 239            CARGILL, INCORPORATED: OTHERS      243

TABLE 240            ADM: COMPANY OVERVIEW       245

TABLE 241            ADM: PRODUCTS/SERVICES/SOLUTIONS OFFERED             246

TABLE 242            ADM: PRODUCT LAUNCHES       248

TABLE 243            ADM: DEALS      249

TABLE 244            ADM: OTHERS   249

TABLE 245            KERRY GROUP PLC: COMPANY OVERVIEW                 251

TABLE 246            KERRY GROUP PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED    252

TABLE 247            KERRY GROUP PLC: DEALS          253

TABLE 248            KERRY GROUP PLC: OTHERS      253

TABLE 249            INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW        254

TABLE 250            INTERNATIONAL FLAVORS & FRAGRANCES INC: PRODUCTS/SERVICES/ SOLUTIONS OFFERED   255

TABLE 251            INTERNATIONAL FLAVORS & FRAGRANCES INC: DEALS  256

TABLE 252            INGREDION INCORPORATED: COMPANY OVERVIEW          258

TABLE 253            INGREDION INCORPORATED: PRODUCTS/SERVICES/SOLUTIONS OFFERED    259

TABLE 254            INGREDION INCORPORATED: PRODUCT LAUNCHES          260

TABLE 255            INGREDION INCORPORATED: DEALS     261

TABLE 256            INGREDION INCORPORATED: OTHERS 261

TABLE 257            WILMAR INTERNATIONAL LIMITED: COMPANY OVERVIEW          263

TABLE 258            WILMAR INTERNATIONAL LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED    264

TABLE 259            ROQUETTE FRÈRES: COMPANY OVERVIEW                 266

TABLE 260            ROQUETTE FRÈRES: PRODUCTS/SERVICES/SOLUTIONS OFFERED    266

TABLE 261            ROQUETTE FRÈRES: PRODUCT LAUNCHES                 267

TABLE 262            ROQUETTE FRÈRES: DEALS        268

TABLE 263            ROQUETTE FRÈRES: OTHERS     268

TABLE 264            GLANBIA PLC: COMPANY OVERVIEW     269

TABLE 265            GLANBIA PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED    270

TABLE 266            GLANBIA PLC: PRODUCT LAUNCHES     271

TABLE 267            DSM-FIRMENICH: COMPANY OVERVIEW                 272

TABLE 268            DSM-FIRMENICH: PRODUCTS/SERVICES/SOLUTIONS OFFERED    273

TABLE 269            DSM-FIRMENICH: DEALS              274

TABLE 270            AGT FOOD AND INGREDIENTS: COMPANY OVERVIEW          275

TABLE 271            AGT FOOD AND INGREDIENTS: PRODUCTS/SERVICES/SOLUTIONS OFFERED    275

TABLE 272            AGT FOOD AND INGREDIENTS: DEALS 276

TABLE 273            TATE & LYLE: COMPANY OVERVIEW      277

TABLE 274            TATE & LYLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED    278

TABLE 275            TATE & LYLE: DEALS      279

TABLE 276            BURCON: COMPANY OVERVIEW               280

TABLE 277            BURCON: PRODUCTS/SERVICES/SOLUTIONS OFFERED             281

TABLE 278            BURCON: DEALS               281

TABLE 279            BURCON: OTHERS           282

TABLE 280            EMSLAND GROUP: COMPANY OVERVIEW                 283

TABLE 281            EMSLAND GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED    283

TABLE 282            EMSLAND GROUP: DEALS            284

TABLE 283            PURIS: COMPANY OVERVIEW     285

TABLE 284            PURIS: PRODUCTS/SERVICES/SOLUTIONS OFFERED             285

TABLE 285            PURIS: OTHERS 286

TABLE 286            COSUCRA: COMPANY OVERVIEW             287

TABLE 287            COSUCRA: PRODUCTS/SERVICES/SOLUTIONS OFFERED             287

TABLE 288            COSUCRA: PRODUCT LAUNCHES             287

TABLE 289            COSUCRA: OTHERS         288

TABLE 290            BENEO: COMPANY OVERVIEW  289

TABLE 291            BENEO: PRODUCTS/SERVICES/SOLUTIONS OFFERED             289

TABLE 292            BENEO: DEALS  290

TABLE 293            BENEO: OTHERS               290

TABLE 294            SOTEXPRO: COMPANY OVERVIEW           292

TABLE 295            SOTEXPRO: PRODUCTS/SERVICES/SOLUTIONS OFFERED             292

TABLE 296            SHANDONG JIANYUAN GROUP: COMPANY OVERVIEW          293

TABLE 297            SHANDONG JIANYUAN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED    293

TABLE 298            AMCO PROTEINS: COMPANY OVERVIEW                 294

TABLE 299            AMCO PROTEINS: PRODUCTS/SERVICES/SOLUTIONS OFFERED    294

TABLE 300            AMCO PROTEINS: OTHERS          294

TABLE 301            AMINOLA: COMPANY OVERVIEW             296

TABLE 302            AMINOLA: PRODUCTS/SERVICES/SOLUTIONS OFFERED             296

TABLE 303            MARKETS ADJACENT TO PLANT-BASED PROTEIN MARKET           303

TABLE 304            PEA PROTEIN MARKET, BY FORM, 2020–2023 (USD MILLION) 304

TABLE 305            PEA PROTEIN MARKET, BY FORM, 2024–2029 (USD MILLION) 304

TABLE 306            SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2018–2021 (USD MILLION)         305

TABLE 307            SOY PROTEIN INGREDIENTS MARKET, BY NATURE, 2022–2027 (USD MILLION)         305

TABLE 308            PROTEIN INGREDIENTS MARKET, BY FORM, 2019–2022 (USD MILLION)            306

TABLE 309            PROTEIN INGREDIENTS MARKET, BY FORM, 2023–2028 (USD MILLION)            306

LIST OF FIGURES

FIGURE 1              PLANT-BASED PROTEIN MARKET: RESEARCH DESIGN                35

FIGURE 2              BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,  AND REGION               37

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                39

FIGURE 4              SUPPLY-SIDE ANALYSIS: SOURCES OF INFORMATION AT EVERY STEP 40

FIGURE 5              PLANT-BASED PROTEIN MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 41

FIGURE 6              DATA TRIANGULATION                42

FIGURE 7              PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025 VS. 2030       46

FIGURE 8              PLANT-BASED PROTEIN MARKET, BY TYPE, 2025 VS. 2030 47

FIGURE 9              PLANT-BASED PROTEIN MARKET, BY NATURE, 2025 VS. 2030       47

FIGURE 10            PLANT-BASED PROTEIN MARKET, BY APPLICATION, 2025 VS. 2030        48

FIGURE 11            PLANT-BASED PROTEIN MARKET, BY FORM, 2025 VS. 2030       48

FIGURE 12            PLANT-BASED PROTEIN MARKET SHARE AND GROWTH RATE,  BY REGION,

2024 (BY VALUE)               49

FIGURE 13            CONSUMER PREFERENCES FOR HEALTHY AND NUTRITIONAL PROTEIN  SOURCES TO DRIVE PLANT-BASED PROTEIN MARKET           50

FIGURE 14            US AND FOOD & BEVERAGE SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES

IN 2025  51

FIGURE 15            ISOLATES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD         51

FIGURE 16            SOY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       52

FIGURE 17            DRY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD         52

FIGURE 18            CONVENTIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE DURING FORECAST PERIOD      53

FIGURE 19            FOOD & BEVERAGES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD    54

FIGURE 20            US TO RECORD HIGHEST MARKET SHARE IN PLANT-BASED PROTEIN MARKET

IN 2025  55

FIGURE 21            GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS,

2019–2023 (MILLION TONNES)   57

FIGURE 22            GLOBAL PEA PRODUCTION, BY COUNTRY, 2023 (MILLION TONNES)        57

FIGURE 23            SOYBEAN PRODUCTION, BY COUNTRY, 2021–2024 (MILLION METRIC TONS)  58

FIGURE 24            PLANT-BASED PROTEIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  AND CHALLENGES      59

FIGURE 25            ADOPTION OF GEN AI IN FOOD & BEVERAGE PRODUCTION PROCESS                68

FIGURE 26            PLANT-BASED PROTEIN MARKET: VALUE CHAIN ANALYSIS              78

FIGURE 27            IMPORT OF SOYBEANS, BY KEY COUNTRY, 2020–2024 (USD MILLION)       80

FIGURE 28            EXPORT OF SOYBEANS, BY KEY COUNTRY, 2020–2024 (USD MILLION)       81

FIGURE 29            IMPORT OF PEAS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 82

FIGURE 30            EXPORT OF PEAS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 83

FIGURE 31            IMPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2020–2024 (USD MILLION)     84

FIGURE 32            EXPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2020–2024 (USD MILLION)     85

FIGURE 33            IMPORT OF RICE, BY KEY COUNTRY, 2020–2024 (USD MILLION) 86

FIGURE 34            EXPORT OF RICE, BY KEY COUNTRY, 2020–2024 (USD MILLION) 87

FIGURE 35            IMPORT OF OATS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 88

FIGURE 36            EXPORT OF OATS, BY KEY COUNTRY, 2020–2024 (USD MILLION) 89

FIGURE 37            AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY KEY PLAYER,

2024 (USD/KG)  92

FIGURE 38            AVERAGE SELLING PRICE OF PLANT-BASED PROTEIN, BY REGION,

2021–2024 (USD/TON)    93

FIGURE 39            KEY PLAYERS IN PLANT-BASED PROTEIN MARKET               95

FIGURE 40            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   96

FIGURE 41            NUMBER OF PATENTS GRANTED FOR PLANT-BASED PROTEIN, 2014–2024          99

FIGURE 42            REGIONAL ANALYSIS OF PATENTS GRANTED FOR PLANT-BASED PROTEIN     99

FIGURE 43            PORTER’S FIVE FORCES ANALYSIS           108

FIGURE 44            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES      110

FIGURE 45            KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS   111

FIGURE 46            PLANT-BASED PROTEIN MARKET: INVESTMENT & FUNDING SCENARIO     113

FIGURE 47            PLANT-BASED PROTEIN MARKET, BY APPLICATION,  2025 VS. 2030 (USD MILLION)    116

FIGURE 48            PLANT-BASED PROTEIN MARKET, BY NATURE, 2025 VS. 2030 (USD MILLION)      128

FIGURE 49            PLANT-BASED PROTEIN MARKET, BY FORM, 2025 VS. 2030 (USD MILLION)      133

FIGURE 50            PLANT-BASED PROTEIN MARKET, BY SOURCE, 2025 VS. 2030 (USD MILLION)      141

FIGURE 51            PLANT-BASED PROTEIN MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)                156

FIGURE 52            JAPAN TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD         165

FIGURE 53            NORTH AMERICAN PLANT-BASED PROTEIN MARKET SNAPSHOT       167

FIGURE 54            ASIA PACIFIC PLANT-BASED PROTEIN MARKET SNAPSHOT          191

FIGURE 55            JAPAN: AGE GROUP DISTRIBUTION (2010–2060)                 198

FIGURE 56            INDIA: CONSUMER MOTIVATION FOR TURNING TO PLANT-BASED DIET           201

FIGURE 57            REVENUE ANALYSIS OF KEY PLAYERS, 2022–2024 (USD BILLION) 221

FIGURE 58            MARKET SHARE ANALYSIS, 2024                 222

FIGURE 59            COMPANY VALUATION FOR SEVEN MAJOR PLAYERS IN PLANT-BASED  PROTEIN & FLOUR MARKET                 224

FIGURE 60            EV/EBITDA OF MAJOR PLAYERS                224

FIGURE 61            PLANT-BASED PROTEIN MARKET: BRAND/PRODUCT COMPARISON             225

FIGURE 62            PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       227

FIGURE 63            PLANT-BASED PROTEIN MARKET: COMPANY FOOTPRINT       228

FIGURE 64            PLANT-BASED PROTEIN MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 232

FIGURE 65            CARGILL, INCORPORATED: COMPANY SNAPSHOT          242

FIGURE 66            ADM: COMPANY SNAPSHOT       246

FIGURE 67            KERRY GROUP PLC: COMPANY SNAPSHOT                 252

FIGURE 68            INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT        255

FIGURE 69            INGREDION INCORPORATED: COMPANY SNAPSHOT          259

FIGURE 70            WILMAR INTERNATIONAL LIMITED: COMPANY SNAPSHOT          264

FIGURE 71            GLANBIA PLC: COMPANY SNAPSHOT     270

FIGURE 72            DSM-FIRMENICH: COMPANY SNAPSHOT                 273

FIGURE 73            TATE & LYLE: COMPANY SNAPSHOT      278

FIGURE 74            BURCON: COMPANY SNAPSHOT               280