テクスチャード植物性タンパク質(TVP)市場 – 2030年までの世界予測

Textured Vegetable Protein Market - Global Forecast To 2030

テクスチャード植物性タンパク質(TVP)市場 - タイプ(スライス、チャンク、フレーク、顆粒)、原料(大豆、エンドウ豆、小麦)、用途(肉類似品、バー&スナック、調理済み食品)、性質(オーガニック、従来型)、地域別 - 2030年までの世界予測
Textured Vegetable Protein Market Report by Type (Slices, Chunks, Flakes, Granules), Source (Soy, Pea, Wheat), Application (Meat Analogues, Bars & Snacks, Ready-to-Eat Meals), Nature (Organic, Conventional), and Region - Global Forecast to 2030

商品番号 : SMB-82046

出版社MarketsandMarkets
出版年月2025年7月
ページ数237
図表数288
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

本レポートは、テクスチャード植物性タンパク質市場を、種類、供給源、性質、用途、地域に基づいてセグメント化しています。洞察力という点では、競合状況、最終用途分析、企業プロファイルといった様々なレベルの分析に焦点を当て、テクスチャード植物性タンパク質市場の新興・高成長セグメント、高成長地域、国、政府の取り組み、推進要因、制約、機会、課題に関する見解をまとめています。主要業界プレーヤーの詳細な分析により、事業概要、ソリューション、サービス、主要戦略、契約、パートナーシップ、合意、新製品の発売、合併・買収、そしてテクスチャード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を提供しています。本レポートでは、テクスチャード植物性タンパク質市場エコシステムにおける新興企業の競合分析も網羅しています。

The global textured vegetable protein (TVP) market is estimated at USD 1.88 billion in 2025 and is projected to reach USD 2.65 billion by 2030, at a CAGR of 7.1% during the forecast period. Established businesses and creative new entrants are driving growth in the fiercely competitive and fragmented TVP market using research and development. Roquette, Cargill, and Archer Daniels Midland (ADM) are leading the industry by enhancing TVP quality and range and by utilizing their extensive supply networks and advanced technologies. For instance, mergers such as ADM’s purchase of Sojaprotein have strengthened its position in the market for non-GMO soy protein. In contrast, Ingredion and Roquette have introduced specialized pea-based TVP products to satisfy consumer demand for clean-label and allergen-free products. Additionally, startups are emerging by developing specialty goods tailored to specific consumer needs, such as organic or gluten-free TVP.

世界のテクスチャード植物性タンパク質(TVP)市場は、2025年に18億8,000万米ドルに達すると推定され、予測期間中に7.1%のCAGRで成長し、2030年には26億5,000万米ドルに達すると予測されています。既存企業と独創的な新規参入企業は、研究開発を活用して、競争が激しく細分化されたTVP市場の成長を牽引しています。ロケット、カーギル、アーチャー・ダニエルズ・ミッドランド(ADM)は、TVPの品質と品揃えを強化し、広範な供給ネットワークと高度な技術を活用することで、業界をリードしています。例えば、ADMによるSojaproteinの買収などの合併は、非遺伝子組み換え大豆タンパク質市場での同社の地位を強化しました。対照的に、イングレディオンとロケットは、クリーンラベルおよびアレルゲンフリー製品に対する消費者の需要を満たすために、エンドウ豆ベースの特殊なTVP製品を導入しました。さらに、オーガニックやグルテンフリーのTVPなど、特定の消費者ニーズに合わせた専門商品を開発するスタートアップ企業も台頭しています。

テクスチャード植物性タンパク質(TVP)市場 - 2030年までの世界予測
textured-vegetable-protein-market-new

Although the TVP market is thriving, allergens from soy and wheat may hinder its growth due to the need for detailed labeling and manufacturing restrictions. Additionally, the costs related to operations and the energy required to produce TVP are significant and can ultimately affect profit margins, particularly for smaller and independent manufacturers. The cost of raw materials, such as pea protein, is also significantly higher than that of animal-based protein sources, thus limiting market expansion in regions where price sensitivity is crucial.

TVP市場は活況を呈していますが、大豆や小麦のアレルゲンは、詳細な表示や製造上の制限が必要となるため、成長を阻害する可能性があります。さらに、TVPの製造に必要な操業コストとエネルギーコストは大きく、特に小規模で独立系のメーカーにとっては利益率に悪影響を及ぼす可能性があります。エンドウ豆タンパク質などの原材料コストも動物性タンパク質源に比べて大幅に高いため、価格への敏感性が極めて高い地域では市場拡大が制限される可能性があります。

“Organic segment is expected to grow at the highest CAGR during the forecast period”

Ethical and environmental concerns significantly drive the textured vegetable protein industry. The negative impacts of animal husbandry on the environment, including excessive water waste, greenhouse gas emissions, and deforestation, have made consumers more aware of the need for sustainable food options. In contrast, TVP, which is derived from plant sources such as soybeans, peas, and wheat, emits less carbon dioxide than animal protein. This sustainability benefit attracts environmentally conscious consumers, particularly in regions such as Europe, where regulations promote the production of sustainable food. An increasing number of consumers are opting for plant-based diets to align with their values, which makes ethical concerns such as animal welfare increasingly significant.

The TVP market presents considerable growth opportunities; however, several constraints hinder its full potential. A primary challenge lies in the sensory profiles of TVP products. Many consumers perceive plant-based proteins as less appealing compared to traditional meat in terms of flavor, texture, and mouthfeel. Despite ongoing innovations aimed at enhancing these aspects, a substantial gap remains, acting as a barrier to widespread purchase and consumption. This is particularly evident among high-potential segments, such as non-vegetarian and flexitarian consumers, who are accustomed to a meat-centric sensory experience.

“Chunks type segment is projected to hold a major share during the forecast period”

TVP chunks are larger, bite-sized pieces that resemble meat chunks in texture and mouthfeel. Cooking with these chunks is ideal for heavy stews, stir-fries, and kebabs. Chunks are versatile and good at absorbing flavors while offering good chewiness that would appeal to both vegan as well as flexitarian customers. TVP chunks are popular in Europe and North America, where there is an immense demand for realistic meat alternatives, besides food service in restaurants and cafeterias. Chunks are also employed in pet food, affording even more channels for marketing. They require advanced technology to replicate a meat-like texture, which subsequently increases their costs. However, their venture into high-end, in-demand markets serves as a primary growth factor for the TVP market.

“North America leads in market share, while Asia Pacific emerges as the fastest growing region in the textured vegetable protein market”

North America leads in market share in the TVP market due to high consumer awareness, established plant-based food brands, and retail and foodservice infrastructure. The increased adoption of meat alternatives among health-focused consumers, such as flexitarians and vegans, has supported purchase growth. Major food manufacturers and emerging startups in the US and Canada are investing significantly in R&D to develop TVP-based products with improved taste, as well as texture and nutritional content. Efforts to create sustainable food initiatives sponsored by governments and increased concerns about the environmental impact of meat production have also supported North America’s dominance in the global TVP market.

The Asia Pacific region is expected to be the fastest-growing market for textured vegetable protein due to increasing health awareness rates, rising urbanization levels, and changes in dietary preferences. Rising population levels and improved income levels in countries such as China, India, Japan, and Australia have increased the demand for affordable and sustainable sources of protein. This region has long agricultural traditions associated with soy consumption, resulting in high levels of consumer acceptance of TVP products. Thus, local and international companies are expanding their existing operations and product portfolios in Asia Pacific to tap into this significant growth opportunity. Additionally, increasing government support for sustainable agriculture initiatives and investment levels in plant-based proteins boosts the TVP market across the region.

The Break-up of Primaries:

  • By Company Type: Tire 1 – 35%, Tire 2 – 40%, Tire 3 – 25%
  • By Designation: CXOs – 30%, Managers – 50%, Executives – 20%
  • By Region: North America – 25%, Europe – 25%, Asia Pacific – 30%, South America – 10%, RoW – 10%

Key players in this market include ADM (US), Roquette Frères (France), Ingredion (US), dsm-firmenich (Netherlands), The Scoular Company (US), Beneo (Germany), International Flavors & Fragrances, Inc. (US), Cargill, Incorporated (US), MGP (US), PURIS (US), Shandong Yuxin Bio-Tech Co., Ltd. (China), Gushen Biological Technology Group, Co., Ltd. (China), Axiom Foods, Inc. (US), Foodchem International Corporation (China), and Dacsa Group (Spain).

テクスチャード植物性タンパク質(TVP)市場 - 2030年までの世界予測 ecosystem
textured-vegetable-protein-market-new-ecosystem

Research Coverage:

The report segments the textured vegetable protein market based on type, source, nature, application, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the textured vegetable protein market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services, key strategies, contracts, partnerships, agreements, new product launches, mergers, and acquisitions, and recent developments associated with the textured vegetable protein market. Competitive analysis of upcoming startups in the textured vegetable 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 textured vegetable 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 into the following pointers:

  • Analysis of key drivers (growing adoption of meat alternatives among consumers, increase in health cognizance among consumers, innovations and developments augmenting vegan trend, and growth in investments and collaborations in plant-sourced food business) restraints (allergies associated with vegetable protein sources and processing complexities) opportunities (economical solutions using plant-based ingredients and developments in extraction of textured vegetable protein from new source), and challenges (stringent government regulations and safety concerns due to inclusion of GM ingredients and unpleasant flavor of soy)
  • Product Development/Innovation: Detailed insights into research & development activities and new product launches in the textured vegetable protein market
  • Market Development: Comprehensive information about lucrative markets – analyzing the textured vegetable protein market across varied regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the textured vegetable protein market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players such as ADM (US), Roquette Frères (France), Ingredion (US), dsm-firmenich (Netherlands), The Scoular Company (US), Beneo (Germany), International Flavors & Fragrances, Inc. (US), Cargill, Incorporated (US), MGP (US), PURIS (US), Shandong Yuxin Bio-Tech Co., Ltd. (China), Gushen Biological Technology Group, Co., Ltd. (China), Axiom Foods, Inc. (US), Foodchem International Corporation (China), and Dacsa Group (Spain)

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        INCLUSIONS & EXCLUSIONS       27

1.4           YEARS CONSIDERED      28

1.5           UNIT CONSIDERED        28

1.5.1        CURRENCY/VALUE UNIT              28

1.5.2        VOLUME CONSIDERED 29

1.6           STAKEHOLDERS               29

1.7           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY DATA          32

2.1.1.1    Key data from secondary sources       32

2.1.2        PRIMARY DATA 33

2.1.2.1    Key data from primary sources           33

2.1.2.2    Key insights from industry experts    34

2.1.2.3    Breakdown of primary profiles           35

2.2           MARKET SIZE ESTIMATION         35

2.2.1        BOTTOM-UP APPROACH              36

2.2.2        TOP-DOWN APPROACH                37

2.2.2.1    Estimating market size using top-down approach           37

2.2.3        SUPPLY-SIDE ANALYSIS                 38

2.3           DATA TRIANGULATION                39

2.4           RESEARCH ASSUMPTIONS           40

2.5           RESEARCH LIMITATIONS             40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TEXTURED VEGETABLE MARKET             45

4.2           NORTH AMERICAN TEXTURED VEGETABLE PROTEIN MARKET,

BY SOURCE AND COUNTRY        46

4.3           TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE (VOLUME)           46

4.4           TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE AND REGION     47

4.5           TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY            48

5               MARKET OVERVIEW       49

5.1           INTRODUCTION              49

5.2           MACROECONOMIC INDICATORS              49

5.2.1        GLOBAL PRODUCTION OF PEA CROPS AND GREEN PEAS      49

5.2.2        GROWING HEALTH TRENDS      50

5.2.3        CONSUMER SHIFT TOWARD PLANT-BASED NUTRITION                 51

5.3           MARKET DYNAMICS       52

5.3.1        DRIVERS               53

5.3.1.1    Growing demand for meat alternatives             53

5.3.1.2    Breakthroughs in food science and processing technologies                 54

5.3.1.3    Surge in investments and collaborations in plant-sourced food business 54

5.3.2        RESTRAINTS      55

5.3.2.1    Allergies associated with vegetable protein sources        55

5.3.2.2    Complexities in processing textured vegetable proteins 55

5.3.3        OPPORTUNITIES              56

5.3.3.1    Economical solutions using plant-based ingredients      56

5.3.3.2    Shift from traditional extraction sources of textured vegetable protein to new sources         57

5.3.4        CHALLENGES    57

5.3.4.1    Stringent government regulations     57

5.3.4.2    High cost of production       58

5.4           IMPACT OF GENERATIVE AI/AI ON TEXTURED VEGETABLE PROTEIN MARKET 58

5.4.1        USE OF GEN AI IN FOOD & BEVERAGE INGREDIENTS                 59

5.4.2        CASE STUDY ANALYSIS 60

5.4.2.1    AI Bobby: Optimizing Protein Gelation           60

5.4.2.2    GreenProtein AI: Extrusion Optimization       60

5.4.2.3    Cradle: Designing Novel TVP Proteins            60

5.4.3        IMPACT OF AI ON TEXTURED VEGETABLE PROTEIN MARKET               61

5.4.4        IMPACT OF GEN AI ON ADJACENT ECOSYSTEM 61

6               TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE                 62

6.1           INTRODUCTION              63

6.2           SLICES  64

6.2.1        CHANGING LIFESTYLE AND INCREASING HEALTH AWARENESS TO BOOST DEMAND FOR TVP SLICES AS MEAT SUBSTITUTE      64

6.3           FLAKES 65

6.3.1        HIGH PROTEIN AND LOW FATS IN TEXTURED VEGETABLE PROTEIN FLAKES TO DRIVE MARKET           65

6.4           CHUNKS               66

6.4.1        CUSTOMIZABLE FLAVOR OPTIONS TO ADD TO POPULARITY OF TEXTURED VEGETABLE PROTEIN CHUNKS                 66

6.5           GRANULES          68

6.5.1        USE OF GRANULES AS MEAT EXTENDERS AND EASY STORING OPTIONS TO DRIVE MARKET 68

7               TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE                 69

7.1           INTRODUCTION              70

7.2           SOY        72

7.2.1        HIGH SHELF-LIFE AND LOW CALORIES IN SOYMEAL PRODUCTS TO BOOST DEMAND              72

7.3           PEA        74

7.3.1        USE OF TEXTURED PEA PROTEIN IN DIFFERENT PRODUCTS TO DRIVE MARKET 74

7.4           WHEAT 76

7.4.1        EXCELLENT BINDING CHARACTERISTICS OF WHEAT TO INCREASE ITS USAGE IN ALTERNATIVE MEAT PRODUCTS                 76

7.5           OTHER SOURCES             77

8               TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION   80

8.1           INTRODUCTION              81

8.2           MEAT ANALOGUES         82

8.2.1        INCREASING USE OF MEAT ALTERNATIVES IN VARIOUS FOOD APPLICATIONS TO DRIVE MARKET            82

8.3           READY-TO-EAT MEALS 83

8.3.1        CONSUMER PREFERENCE FOR CONVENIENCE, NUTRITION, AND SUSTAINABILITY IN FOOD CHOICES TO DRIVE MARKET 83

8.4           BARS & SNACKS 85

8.4.1        HEALTHY SNACKING HABITS TO DRIVE PARADIGM SHIFT IN CONSUMER BEHAVIOR FOR TEXTURED PROTEINS                 85

8.5           OTHER APPLICATIONS 87

9               TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE                 89

9.1           INTRODUCTION              90

9.2           ORGANIC             91

9.2.1        AVAILABILITY OF LOW-COST ORGANIC PROTEIN TO INCREASE DEMAND FOR ORGANIC TEXTURED VEGETABLE PROTEIN              91

9.3           CONVENTIONAL              92

9.3.1        GROWTH OF CONVENTIONAL FARMING DUE TO LOW POPULARITY OF ORGANIC FARMING TO FOSTER MARKET GROWTH             92

10            TEXTURED VEGETABLE PROTEIN MARKET, BY REGION                 93

10.1         INTRODUCTION              94

10.2         NORTH AMERICA             97

10.2.1      US           103

10.2.1.1  Need to enhance production capacity and meet rising consumer demand for innovative plant-based options to drive market          103

10.2.2      CANADA               104

10.2.2.1  Increasing awareness about functional health benefits of healthier diet to drive market              104

10.2.3      MEXICO                106

10.2.3.1  Changing consumer preferences toward vegan products to drive market    106

10.3         EUROPE               107

10.3.1      GERMANY           112

10.3.1.1  Growing concerns over sustainability and increasing vegan population to drive market 112

10.3.2      UK          113

10.3.2.1  Increasing government investments in plant-based protein to fuel demand for textured vegetable proteins            113

10.3.3      FRANCE                114

10.3.3.1  Collaboration between different stakeholders in plant-based protein industry to drive market        114

10.3.4      ITALY    115

10.3.4.1  Shifting opinion on meat consumption toward sustainable alternatives to boost demand for textured vegetable proteins       115

10.3.5      SPAIN    116

10.3.5.1  Rising demand for meat alternatives due to growing inclination toward nutritious food to drive market              116

10.3.6      REST OF EUROPE             117

10.4         ASIA PACIFIC     118

10.4.1      CHINA  124

10.4.1.1  Higher production capabilities and cheap labor to boost market                 124

10.4.2      INDIA    125

10.4.2.1  Influence of Western culture to fuel vegan trends and result in increased demand for textured vegetable protein            125

10.4.3      JAPAN   126

10.4.3.1  Rise in awareness surrounding meat processing and health concerns to boost market    126

10.4.4      AUSTRALIA AND NEW ZEALAND               128

10.4.4.1  Consumer preferences and sustainability to accelerate market growth    128

10.4.5      REST OF ASIA PACIFIC   129

10.5         SOUTH AMERICA             130

10.5.1      BRAZIL 135

10.5.1.1  Rising veganism trend and increasing awareness of health and environmental issues to trigger market growth                135

10.5.2      ARGENTINA       136

10.5.2.1  Rising funding and growing environmental and animal welfare concerns in plant-based protein industry to fuel market growth  136

10.5.3      REST OF SOUTH AMERICA           137

10.6         REST OF THE WORLD    138

10.6.1      MIDDLE EAST   143

10.6.1.1  Need for plant-based protein and presence of global players to drive market          143

10.6.2      AFRICA 144

10.6.2.1  Growing awareness and adoption of plant-based protein to boost market for textured vegetable protein               144

11            COMPETITIVE LANDSCAPE         146

11.1         OVERVIEW          146

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            146

11.3         REVENUE ANALYSIS, 2022–2024  148

11.4         MARKET SHARE ANALYSIS           149

11.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 152

11.5.1      STARS   152

11.5.2      EMERGING LEADERS     152

11.5.3      PERVASIVE PLAYERS      152

11.5.4      PARTICIPANTS 152

11.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         154

11.5.5.1  Company footprint               154

11.5.5.2  Type footprint       155

11.5.5.3  Nature footprint   156

11.5.5.4  Application footprint            157

11.5.5.5  Regional footprint                 158

11.6         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024        159

11.6.1      PROGRESSIVE COMPANIES         159

11.6.2      RESPONSIVE COMPANIES            159

11.6.3      DYNAMIC COMPANIES  159

11.6.4      STARTING BLOCKS         159

11.6.5      COMPETITIVE BENCHMARKING: START-UPS/SMES, 2024        161

11.6.5.1  Detailed list of key start-ups/SMEs  161

11.6.5.2  Competitive benchmarking of key start-ups/SMEs        162

11.7         COMPANY VALUATION AND FINANCIAL METRICS                 163

11.8         BRAND/PRODUCT COMPARISON             164

11.9         COMPETITIVE SCENARIO AND TRENDS                165

11.9.1      PRODUCT LAUNCHES   165

11.9.2      DEALS  167

11.9.3      EXPANSIONS     168

12            COMPANY PROFILES      171

12.1         KEY PLAYERS     171

12.1.1      ADM      171

12.1.1.1  Business overview 171

12.1.1.2  Product/Solutions/Services offered  172

12.1.1.3  Recent developments           173

12.1.1.3.1                Product launches  173

12.1.1.3.2                Deals      174

12.1.1.3.3                Expansions             174

12.1.1.4  MnM view              174

12.1.1.4.1                Right to win           174

12.1.1.4.2                Strategic choices   174

12.1.1.4.3                Weaknesses and competitive threats 175

12.1.2      CARGILL, INCORPORATED          176

12.1.2.1  Business overview 176

12.1.2.2  Products/Solutions/Services offered 177

12.1.2.3  Recent developments           177

12.1.2.3.1                Product launches  177

12.1.2.3.2                Expansions             177

12.1.2.4  MnM view              178

12.1.2.4.1                Right to win           178

12.1.2.4.2                Strategic choices   178

12.1.2.4.3                Weaknesses and competitive threats 178

12.1.3      ROQUETTE FRÈRES        179

12.1.3.1  Business overview 179

12.1.3.2  Products/Solutions/Services offered 180

12.1.3.3  Recent developments           180

12.1.3.3.1                Product launches  180

12.1.3.3.2                Deals      181

12.1.3.3.3                Expansions             181

12.1.3.4  MnM view              182

12.1.3.4.1                Right to win           182

12.1.3.4.2                Strategic choices   182

12.1.3.4.3                Weaknesses and competitive threats 182

12.1.4      INTERNATIONAL FLAVORS & FRAGRANCES INC.                 183

12.1.4.1  Business overview 183

12.1.4.2  Products/Solutions/Services offered 184

12.1.4.3  Recent developments           185

12.1.4.3.1                Product launches  185

12.1.4.3.2                Deals      185

12.1.4.4  MnM view              185

12.1.4.4.1                Right to win           185

12.1.4.4.2                Strategic choices   186

12.1.4.4.3                Weaknesses and competitive threats 186

12.1.5      INGREDION       187

12.1.5.1  Business overview 187

12.1.5.2  Products/Solutions/Services offered 188

12.1.5.3  Recent developments           189

12.1.5.3.1                Product launches  189

12.1.5.3.2                Deals      189

12.1.5.4  MnM view              190

12.1.5.4.1                Right to win           190

12.1.5.4.2                Strategic choices   190

12.1.5.4.3                Weaknesses and competitive threats 190

12.1.6      DSM-FIRMENICH              191

12.1.6.1  Business overview 191

12.1.6.2  Products/Solutions/Services offered 192

12.1.6.3  Recent developments           193

12.1.6.3.1                Product launches  193

12.1.6.3.2                Deals      193

12.1.6.4  MnM view              193

12.1.7      MGP       194

12.1.7.1  Business overview 194

12.1.7.2  Products/Solutions/Services offered 195

12.1.7.3  Recent developments           196

12.1.7.3.1                Product launches  196

12.1.7.3.2                Expansions             196

12.1.7.4  MnM view              197

12.1.8      PURIS    198

12.1.8.1  Business overview 198

12.1.8.2  Products/Solutions/Services offered 198

12.1.8.3  Recent developments           199

12.1.8.3.1                Product launches  199

12.1.8.3.2                Expansions             199

12.1.8.4  MnM view              200

12.1.9      BENEO 201

12.1.9.1  Business overview 201

12.1.9.2  Products/Solutions/Services offered 201

12.1.9.3  Recent developments           202

12.1.9.3.1                Deals      202

12.1.9.3.2                Expansions             202

12.1.9.4  MnM view              203

12.1.10   AXIOM FOODS, INC.       204

12.1.10.1                 Business overview 204

12.1.10.2                 Products/Solutions/Services offered 204

12.1.10.3                 Recent developments           205

12.1.10.3.1             Product launches  205

12.1.10.4                 MnM view              205

12.1.11   THE SCOULAR COMPANY            206

12.1.11.1                 Business overview 206

12.1.11.2                 Products/Solutions/Services offered 206

12.1.11.3                 MnM view              206

12.1.12   SHANDONG YUXIN BIO-TECH CO., LTD.               207

12.1.12.1                 Business overview 207

12.1.12.2                 Products/Solutions/Services offered 207

12.1.12.3                 MnM view              207

12.1.13   GUSHEN BIOLOGICAL TECHNOLOGY GROUP CO., LTD.                 208

12.1.13.1                 Business overview 208

12.1.13.2                 Products/Solutions/Services offered 208

12.1.13.3                 MnM view              208

12.1.14   FOODCHEM INTERNATIONAL CORPORATION  209

12.1.14.1                 Business overview 209

12.1.14.2                 Products/Solutions/Services offered 209

12.1.14.3                 MnM view              209

12.1.15   DACSA GROUP  210

12.1.15.1                 Business overview 210

12.1.15.2                 Products/Solutions/Services offered 210

12.1.15.3                 MnM view              211

12.2         OTHER PLAYERS              212

12.2.1      SHANDONG WONDERFUL BIOTECH CO., LTD.  212

12.2.1.1  Business overview 212

12.2.1.2  Products/Solutions/Services offered 212

12.2.1.3  MnM view              212

12.2.2      SUN NUTRAFOODS         214

12.2.2.1  Business overview 214

12.2.2.2  Products/Solutions/Services offered 214

12.2.2.3  MnM view              214

12.2.3      CROWN SOYA PROTEIN GROUP COMPANY         215

12.2.3.1  Business overview 215

12.2.3.2  Products/Solutions/Services offered 215

12.2.3.3  MnM view              215

12.2.4      HOYA FOODS    216

12.2.4.1  Business overview 216

12.2.4.2  Products/Solutions/Services offered 216

12.2.4.3  MnM view              217

12.2.5      SOTEXPRO          218

12.2.5.1  Business overview 218

12.2.5.2  Products/Solutions/Services offered 218

12.2.5.3  MnM view              218

12.2.6      LIVING FOODS 219

12.2.7      PRANA ORGANIC              219

12.2.8      ND LABS INC      220

12.2.9      BLATTMANN SCHWEIZ AG          220

12.2.10   SONIC BIOCHEM              221

13            ADJACENT AND RELATED MARKETS      222

13.1         INTRODUCTION              222

13.2         LIMITATIONS    222

13.3         PLANT-BASED PROTEIN MARKET            222

13.3.1      MARKET DEFINITION   222

13.3.2      MARKET OVERVIEW       223

13.4         PEA PROTEIN MARKET 225

13.4.1      MARKET DEFINITION   225

13.4.2      MARKET OVERVIEW       226

13.5         MEAT SUBSTITUTES MARKET    227

13.5.1      MARKET DEFINITION   227

13.5.2      MARKET OVERVIEW       228

14            APPENDIX           229

14.1         DISCUSSION GUIDE        229

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                233

14.3         CUSTOMIZATION OPTIONS        235

14.4         RELATED REPORTS         235

14.5         AUTHOR DETAILS           236

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES CONSIDERED, 2020–2024                 29

TABLE 2                TEXTURED VEGETABLE PROTEIN MARKET SNAPSHOT, 2025 VS. 2030              41

TABLE 3                TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE, 2020–2024 (USD MILLION)                64

TABLE 4                TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE, 2025–2030 (USD MILLION)                64

TABLE 5                SLICES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            65

TABLE 6                SLICES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            65

TABLE 7                FLAKES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            66

TABLE 8                FLAKES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            66

TABLE 9                CHUNKS: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            67

TABLE 10              CHUNKS: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            67

TABLE 11              GRANULES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            68

TABLE 12              GRANULES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            68

TABLE 13              TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (USD MILLION)            71

TABLE 14              TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            71

TABLE 15              TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE, 2020–2024 (KILOTON) 71

TABLE 16              TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE, 2025–2030 (KILOTON) 71

TABLE 17             SOY: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            72

TABLE 18             SOY: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            73

TABLE 19             SOY: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (KILOTON)     73

TABLE 20             SOY: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (KILOTON)     73

TABLE 21             PEA: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            74

TABLE 22             PEA: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            75

TABLE 23             PEA: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (KILOTON)     75

TABLE 24             PEA: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (KILOTON)     75

TABLE 25              WHEAT: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            76

TABLE 26              WHEAT: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            76

TABLE 27              WHEAT: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (KILOTON)  77

TABLE 28              WHEAT: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (KILOTON)     77

TABLE 29              OTHER SOURCES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            78

TABLE 30              OTHER SOURCES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            78

TABLE 31              OTHER SOURCES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (KILOTON)     79

TABLE 32              OTHER SOURCES: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (KILOTON)     79

TABLE 33              TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            82

TABLE 34              TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            82

TABLE 35              MEAT ANALOGUES: TEXTURIZED VEGETABLE PROTEIN MARKET, BY REGION, 2020–2024 (USD MILLION)                 83

TABLE 36              MEAT ANALOGUES: TEXTURIZED VEGETABLE PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)                 83

TABLE 37              READY-TO-EAT MEALS: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2020–2024 (USD MILLION)            84

TABLE 38              READY-TO-EAT MEALS: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)            85

TABLE 39              BARS & SNACKS: TEXTURIZED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            86

TABLE 40              BARS & SNACKS: TEXTURIZED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            86

TABLE 41              OTHER APPLICATIONS: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2020–2024 (USD MILLION)            87

TABLE 42              OTHER APPLICATIONS: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)            88

TABLE 43              TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE, 2020–2024 (USD MILLION)         90

TABLE 44              TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE, 2025–2030 (USD MILLION)         90

TABLE 45              ORGANIC: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            91

TABLE 46              ORGANIC: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            91

TABLE 47              CONVENTIONAL: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2020–2024 (USD MILLION)            92

TABLE 48              CONVENTIONAL: TEXTURED VEGETABLE PROTEIN MARKET, BY REGION,

2025–2030 (USD MILLION)            92

TABLE 49              TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2020–2024 (USD MILLION)          95

TABLE 50              TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2025–2030 (USD MILLION)          96

TABLE 51              TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2020–2024 (KILOTON)  96

TABLE 52              TEXTURED VEGETABLE PROTEIN MARKET, BY REGION, 2025–2030 (KILOTON)  96

TABLE 53              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            98

TABLE 54              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            99

TABLE 55              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (KILOTON)     99

TABLE 56              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (KILOTON)     99

TABLE 57              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2020–2024 (USD MILLION)            100

TABLE 58              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            100

TABLE 59              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (USD MILLION)            100

TABLE 60              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            101

TABLE 61              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (KILOTON)     101

TABLE 62              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (KILOTON)     101

TABLE 63              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2020–2024 (USD MILLION)                 102

TABLE 64              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)                 102

TABLE 65              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2020–2024 (USD MILLION)            102

TABLE 66              NORTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            103

TABLE 67              US: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            104

TABLE 68              US: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            104

TABLE 69              CANADA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            105

TABLE 70              CANADA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            105

TABLE 71              MEXICO: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            106

TABLE 72              MEXICO: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            106

TABLE 73              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            107

TABLE 74              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            108

TABLE 75              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (KILOTON)     108

TABLE 76              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (KILOTON)  108

TABLE 77              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2020–2024 (USD MILLION)            109

TABLE 78              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            109

TABLE 79              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (USD MILLION)            109

TABLE 80              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            110

TABLE 81              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (KILOTON)     110

TABLE 82              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (KILOTON)     110

TABLE 83              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            111

TABLE 84              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            111

TABLE 85              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2020–2024 (USD MILLION)            111

TABLE 86              EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            112

TABLE 87              GERMANY: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            113

TABLE 88              GERMANY: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            113

TABLE 89              UK: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            114

TABLE 90              UK: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            114

TABLE 91              FRANCE: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            115

TABLE 92              FRANCE: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            115

TABLE 93              ITALY: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            116

TABLE 94              ITALY: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            116

TABLE 95              SPAIN: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            117

TABLE 96              SPAIN: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            117

TABLE 97              REST OF EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2020–2024 (USD MILLION)                 118

TABLE 98              REST OF EUROPE: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)                 118

TABLE 99              ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            120

TABLE 100            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            120

TABLE 101            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (KILOTON)     120

TABLE 102            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (KILOTON)     121

TABLE 103            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2020–2024 (USD MILLION)            121

TABLE 104            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            121

TABLE 105            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (USD MILLION)            122

TABLE 106            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            122

TABLE 107            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (KILOTON)     122

TABLE 108            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (KILOTON)     123

TABLE 109            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            123

TABLE 110            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            123

TABLE 111            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2020–2024 (USD MILLION)            124

TABLE 112            ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            124

TABLE 113            CHINA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            125

TABLE 114            CHINA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            125

TABLE 115            INDIA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            126

TABLE 116            INDIA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            126

TABLE 117            JAPAN: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            127

TABLE 118            JAPAN: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            127

TABLE 119            AUSTRALIA & NEW ZEALAND: TEXTURED VEGETABLE PROTEIN MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       128

TABLE 120            AUSTRALIA & NEW ZEALAND: TEXTURED VEGETABLE PROTEIN MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       129

TABLE 121            REST OF ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2020–2024 (USD MILLION)                 129

TABLE 122            REST OF ASIA PACIFIC: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)                 130

TABLE 123            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            130

TABLE 124            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            131

TABLE 125            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (KILOTON)     131

TABLE 126            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (KILOTON)     131

TABLE 127            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2020–2024 (USD MILLION)            132

TABLE 128            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            132

TABLE 129            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (USD MILLION)            132

TABLE 130            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            133

TABLE 131            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (KILOTON)     133

TABLE 132            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (KILOTON)     133

TABLE 133            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2020–2024 (USD MILLION)                 134

TABLE 134            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)                 134

TABLE 135            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2020–2024 (USD MILLION)            134

TABLE 136            SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            135

TABLE 137            BRAZIL: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            135

TABLE 138            BRAZIL: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            136

TABLE 139            ARGENTINA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            137

TABLE 140            ARGENTINA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            137

TABLE 141            REST OF SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       138

TABLE 142            REST OF SOUTH AMERICA: TEXTURED VEGETABLE PROTEIN MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       138

TABLE 143            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            139

TABLE 144            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            139

TABLE 145            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2020–2024 (KILOTON)     139

TABLE 146            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY COUNTRY,

2025–2030 (KILOTON)     139

TABLE 147            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2020–2024 (USD MILLION)            140

TABLE 148            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE,

2025–2030 (USD MILLION)            140

TABLE 149            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (USD MILLION)            140

TABLE 150            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (USD MILLION)            141

TABLE 151            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2020–2024 (KILOTON)     141

TABLE 152            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025–2030 (KILOTON)     141

TABLE 153            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            142

TABLE 154            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            142

TABLE 155            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2020–2024 (USD MILLION)            142

TABLE 156            ROW: TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025–2030 (USD MILLION)            143

TABLE 157            MIDDLE EAST: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            143

TABLE 158            MIDDLE EAST: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            144

TABLE 159            AFRICA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            144

TABLE 160            AFRICA: TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            145

TABLE 161            OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN TEXTURED VEGETABLE PROTEIN MARKET, 2020–2024        147

TABLE 162            TEXTURED VEGETABLE PROTEIN MARKET: DEGREE OF COMPETITION         150

TABLE 163            TEXTURED VEGETABLE PROTEIN MARKET: TYPE FOOTPRINT            155

TABLE 164            TEXTURED VEGETABLE PROTEIN MARKET: NATURE FOOTPRINT     156

TABLE 165            TEXTURED VEGETABLE PROTEIN MARKET: APPLICATION FOOTPRINT         157

TABLE 166            TEXTURED VEGETABLE PROTEIN MARKET: REGIONAL FOOTPRINT                 158

TABLE 167            TEXTURED VEGETABLE PROTEIN MARKET: KEY START-UPS/SMES            161

TABLE 168            TEXTURED VEGETABLE PROTEIN MARKET: COMPETITIVE BENCHMARKING OF

KEY START-UPS/SMES, 2024         162

TABLE 169            TEXTURED VEGETABLE PROTEIN MARKET: PRODUCT LAUNCHES,

JANUARY 2020–MAY 2025               165

TABLE 170            TEXTURED VEGETABLE PROTEIN MARKET: DEALS, JANUARY 2020–MAY 2025                167

TABLE 171            TEXTURED VEGETABLE PROTEIN MARKET: EXPANSIONS,

JANUARY 2020–MAY 2025               168

TABLE 172            ADM: COMPANY OVERVIEW       171

TABLE 173            ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             172

TABLE 174            ADM: PRODUCT LAUNCHES       173

TABLE 175            ADM: DEALS      174

TABLE 176            ADM: EXPANSIONS         174

TABLE 177            CARGILL, INCORPORATED: COMPANY OVERVIEW          176

TABLE 178            CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    177

TABLE 179            CARGILL, INCORPORATED: PRODUCT LAUNCHES          177

TABLE 180            CARGILL, INCORPORATED: EXPANSIONS                 177

TABLE 181            ROQUETTE FRÈRES: COMPANY OVERVIEW                 179

TABLE 182            ROQUETTE FRÈRES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    180

TABLE 183            ROQUETTE FRÈRES: PRODUCT LAUNCHES                 180

TABLE 184            ROQUETTE FRÈRES: DEALS        181

TABLE 185            ROQUETTE FRÈRES: EXPANSIONS           181

TABLE 186            INTERNATIONAL FLAVOURS & FRAGRANCES INC.: COMPANY OVERVIEW        183

TABLE 187            INTERNATIONAL FLAVOURS & FRAGRANCES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED         184

TABLE 188            INTERNATIONAL FLAVOURS & FRAGRANCES INC.: PRODUCT LAUNCHES         185

TABLE 189            INTERNATIONAL FLAVOURS & FRAGRANCES INC.: DEALS        185

TABLE 190            INGREDION: COMPANY OVERVIEW        187

TABLE 191            INGREDION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    188

TABLE 192            INGREDION: PRODUCT LAUNCHES         189

TABLE 193            INGREDION: DEALS        189

TABLE 194            DSM-FIRMENICH: COMPANY OVERVIEW                 191

TABLE 195            DSM-FIRMENICH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    192

TABLE 196            DSM-FIRMENICH: PRODUCT LAUNCHES                 193

TABLE 197            DSM-FIRMENICH: DEALS              193

TABLE 198            MGP: COMPANY OVERVIEW       194

TABLE 199            MGP: PRODUCTS/SOLUTIONS/SERVICES OFFERED             195

TABLE 200            MGP: PRODUCT LAUNCHES       196

TABLE 201            MGP: EXPANSIONS          196

TABLE 202            PURIS: COMPANY OVERVIEW     198

TABLE 203            PURIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             198

TABLE 204            PURIS: PRODUCT LAUNCHES     199

TABLE 205            PURIS: EXPANSIONS       199

TABLE 206            BENEO: COMPANY OVERVIEW  201

TABLE 207            BENEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             201

TABLE 208            BENEO: DEALS  202

TABLE 209            BENEO: EXPANSIONS     202

TABLE 210            AXIOM FOODS, INC.: COMPANY OVERVIEW                 204

TABLE 211            AXIOM FOODS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    204

TABLE 212            AXIOM FOODS, INC.: PRODUCT LAUNCHES                 205

TABLE 213            THE SCOULAR COMPANY: COMPANY OVERVIEW          206

TABLE 214            THE SCOULAR COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    206

TABLE 215            SHANDONG YUXIN BIO-TECH CO., LTD.: COMPANY OVERVIEW   207

TABLE 216            SHANDONG YUXIN BIO-TECH CO., LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    207

TABLE 217            GUSHEN BIOLOGICAL TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW              208

TABLE 218            GUSHEN BIOLOGICAL TECHNOLOGY GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED                 208

TABLE 219            FOODCHEM INTERNATIONAL CORPORATION: COMPANY OVERVIEW   209

TABLE 220            FOODCHEM INTERNATIONAL CORPORATION:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    209

TABLE 221            DACSA GROUP: COMPANY OVERVIEW  210

TABLE 222            DACSA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    210

TABLE 223            SHANDONG WONDERFUL BIOTECH CO., LTD.: COMPANY OVERVIEW   212

TABLE 224            SHANDONG WONDERFUL BIOTECH CO., LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    212

TABLE 225            SUN NUTRAFOODS: COMPANY OVERVIEW                 214

TABLE 226            SUN NUTRAFOODS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    214

TABLE 227            CROWN SOYA PROTEIN GROUP COMPANY: COMPANY OVERVIEW   215

TABLE 228            CROWN SOYA PROTEIN GROUP COMPANY:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    215

TABLE 229            HOYA FOODS: COMPANY OVERVIEW     216

TABLE 230            HOYA FOODS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    216

TABLE 231            SOTEXPRO: COMPANY OVERVIEW           218

TABLE 232            SOTEXPRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             218

TABLE 233            ADJACENT MARKETS TO TEXTURED VEGETABLE PROTEIN   222

TABLE 234            PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019–2023 (USD MILLION)            224

TABLE 235            PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024–2029 (USD MILLION)            224

TABLE 236            PLANT-BASED PROTEIN MARKET, BY SOURCE, 2019–2023 (KILOTON)     225

TABLE 237            PLANT-BASED PROTEIN MARKET, BY SOURCE, 2024–2029 (KILOTON)     225

TABLE 238            PEA PROTEIN MARKET, BY TYPE, 2020–2023 (USD MILLION) 226

TABLE 239            PEA PROTEIN MARKET, BY TYPE, 2024–2029 (USD MILLION) 227

TABLE 240            PEA PROTEIN MARKET, BY TYPE, 2020–2023 (KILOTON)         227

TABLE 241            PEA PROTEIN MARKET, BY TYPE, 2024–2029 (KILOTON)         227

TABLE 242            MEAT SUBSTITUTES MARKET, BY PRODUCT, 2017–2020 (USD MILLION)            228

TABLE 243            MEAT SUBSTITUTES MARKET, BY PRODUCT, 2021–2027 (USD MILLION)            228

LIST OF FIGURES

FIGURE 1              MARKET SEGMENTATION AND REGIONAL SCOPE  26

FIGURE 2              TEXTURED VEGETABLE PROTEIN MARKET: RESEARCH DESIGN         31

FIGURE 3              TEXTURED VEGETABLE PROTEIN MARKET: DEMAND-SIDE CALCULATION  36

FIGURE 4              TEXTURED VEGETABLE PROTEIN MARKET SIZE ESTIMATION: TOP-DOWN APPROACH  37

FIGURE 5              TEXTURED VEGETABLE PROTEIN MARKET SIZE ESTIMATION STEPS AND RESPECTIVE SOURCES: SUPPLY SIDE                 38

FIGURE 6              TEXTURED VEGETABLE PROTEIN MARKET: DATA TRIANGULATION                39

FIGURE 7              TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025 VS. 2030 (USD MILLION)      42

FIGURE 8              TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025 VS. 2030 (USD MILLION)      42

FIGURE 9              TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)         43

FIGURE 10            TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025 VS. 2030 (USD MILLION)      43

FIGURE 11            ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       44

FIGURE 12            GROWING AWARENESS OF HEALTH BENEFITS OF PLANT-BASED PROTEIN TO DRIVE MARKET                45

FIGURE 13            SOY SEGMENT & US TO ACCOUNT FOR LARGEST SHARES IN NORTH AMERICAN MARKET IN 2025                 46

FIGURE 14            SOY TO ACCOUNT FOR LARGEST MARKET IN TERMS OF VOLUME DURING FORECAST PERIOD             46

FIGURE 15            SOY SEGMENT AND NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARES DURING FORECAST PERIOD                47

FIGURE 16            US TO ACCOUNT FOR LARGEST MARKET SHARE (BY VALUE) IN 2025         48

FIGURE 17            GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS,

2018–2022 (MILLION TONNES)   49

FIGURE 18            GLOBAL PEA PRODUCTION, BY COUNTRY, 2021 (MILLION TONNES)        50

FIGURE 19            US PLANT-BASED MARKET, 2019–2022 (BILLION)                 51

FIGURE 20            TEXTURED VEGETABLE PROTEIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 52

FIGURE 21            PLANT-BASED MEAT AND SEAFOOD PRODUCT CATEGORY, 2023               53

FIGURE 22            AVERAGE UNIT PRICES OF PLANT-BASED VS. ANIMAL-BASED PRODUCTS BY CATEGORY, 2020               56

FIGURE 23            ADOPTION OF GEN AI IN F00D & BEVERAGE PRODUCTION PROCESS                59

FIGURE 24            TEXTURED VEGETABLE PROTEIN MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)         63

FIGURE 25            TEXTURED VEGETABLE PROTEIN MARKET, BY SOURCE,

2025 VS. 2030 (USD MILLION)      70

FIGURE 26            TEXTURED VEGETABLE PROTEIN MARKET, BY APPLICATION,

2025 VS. 2030 (USD MILLION)      81

FIGURE 27            TOTAL US PLANT-BASED PRODUCT SALES, 2023 (USD BILLION) 86

FIGURE 28            TEXTURED VEGETABLE PROTEIN MARKET, BY NATURE,

2025 VS. 2030 (USD MILLION)      90

FIGURE 29            CHINA TO GROW AT HIGHEST RATE DURING FORECAST PERIOD         95

FIGURE 30            NORTH AMERICA: MARKET SNAPSHOT 98

FIGURE 31            ASIA PACIFIC: MARKET SNAPSHOT          119

FIGURE 32            TEXTURED VEGETABLE PROTEIN MARKET: REVENUE ANALYSIS OF KEY PLAYERS 2020–2024 (USD BILLION)                 149

FIGURE 33            TEXTURED VEGETABLE PROTEIN MARKET: MARKET SHARE ANALYSIS           150

FIGURE 34            TEXTURED VEGETABLE PROTEIN MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       153

FIGURE 35            TEXTURED VEGETABLE PROTEIN MARKET: COMPANY FOOTPRINT 154

FIGURE 36            TEXTURED VEGETABLE PROTEIN MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024                 160

FIGURE 37            COMPANY VALUATION OF KEY VENDORS, 2024 (USD BILLION) 163

FIGURE 38            EV/EBITDA OF KEY COMPANIES, 2024    163

FIGURE 39            BRAND/PRODUCT COMPARISON             164

FIGURE 40            ADM: COMPANY SNAPSHOT       172

FIGURE 41            CARGILL, INCORPORATED: COMPANY SNAPSHOT          176

FIGURE 42            INTERNATIONAL FLAVOURS & FRAGRANCES INC.: COMPANY SNAPSHOT        184

FIGURE 43            INGREDION: COMPANY SNAPSHOT        188

FIGURE 44            DSM-FIRMENICH: COMPANY SNAPSHOT                 192

FIGURE 45            MGP: COMPANY SNAPSHOT       195