Plant-Based Ingredient Market Growing at 10.99% CAGR Unlocking Global Growth and Investment Opportunities | ADM, Cargill Inc., Bunge Limited, Roquette,

Market Size and Growth

As per DataM Intelligence Experts Research Report The Global Plant-Based Ingredient Market is expected to grow at a CAGR 0f 10.99% during the forecast period (2024-2031).

Plant-Based Ingredient report, published by DataM Intelligence has released its latest in-depth analysis on the global Plant-Based Ingredient, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.

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Plant-Based Ingredients are components derived entirely from plants such as fruits, vegetables, grains, legumes, nuts, seeds, and algae used in food, beverages, cosmetics, and pharmaceuticals. Valued for their nutritional benefits, sustainability, and alignment with vegan or vegetarian diets, these ingredients can provide proteins, fibers, healthy fats, vitamins, and bioactive compounds. They play a key role in developing clean-label, eco-friendly, and health-focused products across multiple industries.

Key Players:

ADM, Cargill Inc., Bunge Limited, Roquette, Glanbia PLC, Ingredion Incorporated, Tate & Lyle PLC, International Flavors & Fragrances Inc., Kerry Group and Kemin Industries.

United States Key Development :

✅ In 2025 Danone acquired a majority stake in Kate Farms, the U.S. plant-based organic nutritional drink maker, strengthening its specialized nutrition portfolio and expanding medical nutrition offerings

✅ In 2025 PlantBaby closed its seed equity financing round at a $20 million valuation, backed by investors such as B2 Partners, Big Idea Ventures, Everywhere Ventures, X Factor Ventures, Women's Equity Lab Silicon Valley, and Babylist

✅ In 2025 Shiru began commercial production of two AI-discovered plant-based ingredients-uProTM and OleoProTM-designed for clean-label food formulations.

Japan Key Development :

✅In January 2024 The Japanese government provided USD 27.7 million in funding to companies developing plant-based and cultivated proteins supporting initiatives like Umami United's konjac/soy/mushroom plant-based eggs and IntegriCulture's cultivated foie gras and chicken.

✅In July 2025 The U.S. FDA approved gardenia (genipin) blue, a natural blue color additive derived from gardenia fruit, advancing the shift away from synthetic dyes in food products like sports drinks, teas, and candies

✅In July 14, 2025 Alongside that, the FDA also approved butterfly pea flower extract, Galdieria extract blue (algae-derived), and calcium phosphate all recognized as generally safe (GRAS), reinforcing the trend toward natural plant-based food additives

Growth Forecast Projected:

The Global Plant-Based Ingredient is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Plant-Based Ingredient research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Type: Cereals, Pseudo Cereals, Legumes/Pulses/Oil Seeds, Nuts, Tubers, Seeds, New Sources, Others

By Application: Food, Beverages, Nutraceuticals, Pharmaceuticals, Personal Care, Others

Regional Analysis for Plant-Based Ingredient:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Type II Collagen producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Type II Collagen revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q3: What is the growth rate of the Plant-Based Ingredient?

A: The market is projected to expand at a compound annual growth rate CAGR 0f 10.99% during the forecast period from 2024 to 2031.

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