Abstract
Summary
According to our LPI (LP Information) latest study, the global Plant Protein market size was valued at US$ 6157.1 million in 2023. With growing demand in downstream market, the Plant Protein is forecast to a readjusted size of US$ 11200 million by 2030 with a CAGR of 8.9% during review period.
The research report highlights the growth potential of the global Plant Protein market. Plant Protein are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Plant Protein. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Plant Protein market.
Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
The difference between the animal protein and plant protein lies in the amino acid content. Animal proteins are called complete proteins because they contain all essential amino acids. Animal protein has the amino acids that the body is unable to synthesize and must be included in the diet to allow for the proper conduct of protein synthesis. Vegetable protein composition does not provide all the amino acids. Unlike animal proteins, plant proteins are low in fat and produce nitrogenous waste, which is the waste products of proteins, which should be less harmful to avoid overloading the kidneys.
Global Plant Protein key players include ADM, Cargill, CHS, DuPont, Manildra, etc. Global top five manufacturers hold a share over 40%.
China is the largest market, with a share over 30%, followed by Europe, and North America, both have a share over 55 percent.
In terms of product, Soy Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food and Beverages, followed by Animal Feed, Pharmaceuticals and Personal Care, etc.
Key Features:
The report on Plant Protein market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Plant Protein market. It may include historical data, market segmentation by Type (e.g., Soy Protein, Wheat Protein), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Plant Protein market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Plant Protein market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Plant Protein industry. This include advancements in Plant Protein technology, Plant Protein new entrants, Plant Protein new investment, and other innovations that are shaping the future of Plant Protein.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Plant Protein market. It includes factors influencing customer ' purchasing decisions, preferences for Plant Protein product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Plant Protein market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Plant Protein market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Plant Protein market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Plant Protein industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Plant Protein market.
Market Segmentation:
Plant Protein market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Soy Protein
Wheat Protein
Pea Protein
Rice Protein
Potato Protein
Hemp Protein
Lupin Protein
Others
Segmentation by application
Food and Beverages
Pharmaceuticals and Personal Care
Animal Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
Yuwang Group
Scents Holdings
Shuangta Food
Oriental Protein
Shandong Jianyuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plant Protein market?
What factors are driving Plant Protein market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plant Protein market opportunities vary by end market size?
How does Plant Protein break out type, application?
The research report highlights the growth potential of the global Plant Protein market. Plant Protein are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Plant Protein. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Plant Protein market.
Plant protein refers to the proteins extracted from plants like soybean, wheat, rice, pea, etc. The protein is an important component of human cells, consisting of monomers called amino acids. Vegetable protein is an alternative to animal protein and it can be absorbed easily. Protein is important to human body. Most people require about 0.8 grams of protein per kilogram of body weight, or about 58 grams of protein per day for a 160-pound adult.
The difference between the animal protein and plant protein lies in the amino acid content. Animal proteins are called complete proteins because they contain all essential amino acids. Animal protein has the amino acids that the body is unable to synthesize and must be included in the diet to allow for the proper conduct of protein synthesis. Vegetable protein composition does not provide all the amino acids. Unlike animal proteins, plant proteins are low in fat and produce nitrogenous waste, which is the waste products of proteins, which should be less harmful to avoid overloading the kidneys.
Global Plant Protein key players include ADM, Cargill, CHS, DuPont, Manildra, etc. Global top five manufacturers hold a share over 40%.
China is the largest market, with a share over 30%, followed by Europe, and North America, both have a share over 55 percent.
In terms of product, Soy Protein is the largest segment, with a share over 50%. And in terms of application, the largest application is Food and Beverages, followed by Animal Feed, Pharmaceuticals and Personal Care, etc.
Key Features:
The report on Plant Protein market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Plant Protein market. It may include historical data, market segmentation by Type (e.g., Soy Protein, Wheat Protein), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Plant Protein market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Plant Protein market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Plant Protein industry. This include advancements in Plant Protein technology, Plant Protein new entrants, Plant Protein new investment, and other innovations that are shaping the future of Plant Protein.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Plant Protein market. It includes factors influencing customer ' purchasing decisions, preferences for Plant Protein product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Plant Protein market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Plant Protein market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Plant Protein market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Plant Protein industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Plant Protein market.
Market Segmentation:
Plant Protein market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Soy Protein
Wheat Protein
Pea Protein
Rice Protein
Potato Protein
Hemp Protein
Lupin Protein
Others
Segmentation by application
Food and Beverages
Pharmaceuticals and Personal Care
Animal Feed
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ADM
Cargill
DuPont
Kerry Group
Manildra
Roquette
Tereos
Axiom Foods
Cosucra
CHS
Glanbia Nutritionals
Glico Nutrition
Gushen Group
Yuwang Group
Scents Holdings
Shuangta Food
Oriental Protein
Shandong Jianyuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plant Protein market?
What factors are driving Plant Protein market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plant Protein market opportunities vary by end market size?
How does Plant Protein break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Plant Protein Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Plant Protein by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Plant Protein by Country/Region, 2019, 2023 & 2030
2.2 Plant Protein Segment by Type
2.2.1 Soy Protein
2.2.2 Wheat Protein
2.2.3 Pea Protein
2.2.4 Rice Protein
2.2.5 Potato Protein
2.2.6 Hemp Protein
2.2.7 Lupin Protein
2.2.8 Others
2.3 Plant Protein Sales by Type
2.3.1 Global Plant Protein Sales Market Share by Type (2019-2024)
2.3.2 Global Plant Protein Revenue and Market Share by Type (2019-2024)
2.3.3 Global Plant Protein Sale Price by Type (2019-2024)
2.4 Plant Protein Segment by Application
2.4.1 Food and Beverages
2.4.2 Pharmaceuticals and Personal Care
2.4.3 Animal Feed
2.4.4 Others
2.5 Plant Protein Sales by Application
2.5.1 Global Plant Protein Sale Market Share by Application (2019-2024)
2.5.2 Global Plant Protein Revenue and Market Share by Application (2019-2024)
2.5.3 Global Plant Protein Sale Price by Application (2019-2024)
3 Global Plant Protein by Company
3.1 Global Plant Protein Breakdown Data by Company
3.1.1 Global Plant Protein Annual Sales by Company (2019-2024)
3.1.2 Global Plant Protein Sales Market Share by Company (2019-2024)
3.2 Global Plant Protein Annual Revenue by Company (2019-2024)
3.2.1 Global Plant Protein Revenue by Company (2019-2024)
3.2.2 Global Plant Protein Revenue Market Share by Company (2019-2024)
3.3 Global Plant Protein Sale Price by Company
3.4 Key Manufacturers Plant Protein Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Plant Protein Product Location Distribution
3.4.2 Players Plant Protein Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Plant Protein by Geographic Region
4.1 World Historic Plant Protein Market Size by Geographic Region (2019-2024)
4.1.1 Global Plant Protein Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Plant Protein Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Plant Protein Market Size by Country/Region (2019-2024)
4.2.1 Global Plant Protein Annual Sales by Country/Region (2019-2024)
4.2.2 Global Plant Protein Annual Revenue by Country/Region (2019-2024)
4.3 Americas Plant Protein Sales Growth
4.4 APAC Plant Protein Sales Growth
4.5 Europe Plant Protein Sales Growth
4.6 Middle East & Africa Plant Protein Sales Growth
5 Americas
5.1 Americas Plant Protein Sales by Country
5.1.1 Americas Plant Protein Sales by Country (2019-2024)
5.1.2 Americas Plant Protein Revenue by Country (2019-2024)
5.2 Americas Plant Protein Sales by Type
5.3 Americas Plant Protein Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Plant Protein Sales by Region
6.1.1 APAC Plant Protein Sales by Region (2019-2024)
6.1.2 APAC Plant Protein Revenue by Region (2019-2024)
6.2 APAC Plant Protein Sales by Type
6.3 APAC Plant Protein Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Plant Protein by Country
7.1.1 Europe Plant Protein Sales by Country (2019-2024)
7.1.2 Europe Plant Protein Revenue by Country (2019-2024)
7.2 Europe Plant Protein Sales by Type
7.3 Europe Plant Protein Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Plant Protein by Country
8.1.1 Middle East & Africa Plant Protein Sales by Country (2019-2024)
8.1.2 Middle East & Africa Plant Protein Revenue by Country (2019-2024)
8.2 Middle East & Africa Plant Protein Sales by Type
8.3 Middle East & Africa Plant Protein Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Plant Protein
10.3 Manufacturing Process Analysis of Plant Protein
10.4 Industry Chain Structure of Plant Protein
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Plant Protein Distributors
11.3 Plant Protein Customer
12 World Forecast Review for Plant Protein by Geographic Region
12.1 Global Plant Protein Market Size Forecast by Region
12.1.1 Global Plant Protein Forecast by Region (2025-2030)
12.1.2 Global Plant Protein Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Plant Protein Forecast by Type
12.7 Global Plant Protein Forecast by Application
13 Key Players Analysis
13.1 ADM
13.1.1 ADM Company Information
13.1.2 ADM Plant Protein Product Portfolios and Specifications
13.1.3 ADM Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 ADM Main Business Overview
13.1.5 ADM Latest Developments
13.2 Cargill
13.2.1 Cargill Company Information
13.2.2 Cargill Plant Protein Product Portfolios and Specifications
13.2.3 Cargill Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Cargill Main Business Overview
13.2.5 Cargill Latest Developments
13.3 DuPont
13.3.1 DuPont Company Information
13.3.2 DuPont Plant Protein Product Portfolios and Specifications
13.3.3 DuPont Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 DuPont Main Business Overview
13.3.5 DuPont Latest Developments
13.4 Kerry Group
13.4.1 Kerry Group Company Information
13.4.2 Kerry Group Plant Protein Product Portfolios and Specifications
13.4.3 Kerry Group Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Kerry Group Main Business Overview
13.4.5 Kerry Group Latest Developments
13.5 Manildra
13.5.1 Manildra Company Information
13.5.2 Manildra Plant Protein Product Portfolios and Specifications
13.5.3 Manildra Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Manildra Main Business Overview
13.5.5 Manildra Latest Developments
13.6 Roquette
13.6.1 Roquette Company Information
13.6.2 Roquette Plant Protein Product Portfolios and Specifications
13.6.3 Roquette Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Roquette Main Business Overview
13.6.5 Roquette Latest Developments
13.7 Tereos
13.7.1 Tereos Company Information
13.7.2 Tereos Plant Protein Product Portfolios and Specifications
13.7.3 Tereos Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Tereos Main Business Overview
13.7.5 Tereos Latest Developments
13.8 Axiom Foods
13.8.1 Axiom Foods Company Information
13.8.2 Axiom Foods Plant Protein Product Portfolios and Specifications
13.8.3 Axiom Foods Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Axiom Foods Main Business Overview
13.8.5 Axiom Foods Latest Developments
13.9 Cosucra
13.9.1 Cosucra Company Information
13.9.2 Cosucra Plant Protein Product Portfolios and Specifications
13.9.3 Cosucra Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Cosucra Main Business Overview
13.9.5 Cosucra Latest Developments
13.10 CHS
13.10.1 CHS Company Information
13.10.2 CHS Plant Protein Product Portfolios and Specifications
13.10.3 CHS Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 CHS Main Business Overview
13.10.5 CHS Latest Developments
13.11 Glanbia Nutritionals
13.11.1 Glanbia Nutritionals Company Information
13.11.2 Glanbia Nutritionals Plant Protein Product Portfolios and Specifications
13.11.3 Glanbia Nutritionals Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Glanbia Nutritionals Main Business Overview
13.11.5 Glanbia Nutritionals Latest Developments
13.12 Glico Nutrition
13.12.1 Glico Nutrition Company Information
13.12.2 Glico Nutrition Plant Protein Product Portfolios and Specifications
13.12.3 Glico Nutrition Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Glico Nutrition Main Business Overview
13.12.5 Glico Nutrition Latest Developments
13.13 Gushen Group
13.13.1 Gushen Group Company Information
13.13.2 Gushen Group Plant Protein Product Portfolios and Specifications
13.13.3 Gushen Group Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Gushen Group Main Business Overview
13.13.5 Gushen Group Latest Developments
13.14 Yuwang Group
13.14.1 Yuwang Group Company Information
13.14.2 Yuwang Group Plant Protein Product Portfolios and Specifications
13.14.3 Yuwang Group Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Yuwang Group Main Business Overview
13.14.5 Yuwang Group Latest Developments
13.15 Scents Holdings
13.15.1 Scents Holdings Company Information
13.15.2 Scents Holdings Plant Protein Product Portfolios and Specifications
13.15.3 Scents Holdings Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Scents Holdings Main Business Overview
13.15.5 Scents Holdings Latest Developments
13.16 Shuangta Food
13.16.1 Shuangta Food Company Information
13.16.2 Shuangta Food Plant Protein Product Portfolios and Specifications
13.16.3 Shuangta Food Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Shuangta Food Main Business Overview
13.16.5 Shuangta Food Latest Developments
13.17 Oriental Protein
13.17.1 Oriental Protein Company Information
13.17.2 Oriental Protein Plant Protein Product Portfolios and Specifications
13.17.3 Oriental Protein Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Oriental Protein Main Business Overview
13.17.5 Oriental Protein Latest Developments
13.18 Shandong Jianyuan
13.18.1 Shandong Jianyuan Company Information
13.18.2 Shandong Jianyuan Plant Protein Product Portfolios and Specifications
13.18.3 Shandong Jianyuan Plant Protein Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Shandong Jianyuan Main Business Overview
13.18.5 Shandong Jianyuan Latest Developments
14 Research Findings and Conclusion