United States Textured Vegetable Protein Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Global Textured Vegetable Protein Market reached US$ 2.57 billion in 2022 and is expected to reach US$ 4.38 billion by 2031, growing with a CAGR of 6.91% during the forecast period 2024-2031.

Key Development:

United States:

✅ In June 2025, Archer Daniels Midland (ADM) announced a $300 million investment to expand its alternative protein capabilities, establishing a Protein Innovation Center in Decatur.

✅ In May 2025, the U.S. processed food product exports reached $38 billion, reflecting a 10.96% increase from the previous year, with textured soy protein contributing to the growth.

Japan:

✅ In July 2025, Japan imported a total of US$1.2 billion worth of plant-based and animal protein ingredients, with textured soy protein being a significant component of the imports.

✅ 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 plant-based egg production.

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Key Players:

=> ADM, Cargill, Incorporated., CHS Inc., Roquette Freres, Beneo GmbH, Wilmar International, The Scoular Company, Puris Foods, VestKorn, and MGP.

Growth Forecast Projected:

The Global Textured Vegetable Protein Market 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 Textured Vegetable Protein Market 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 Product: Soy, Spirulina, Pumpkin Seed, Hemp, Rice, Pea, Others

➥ By Form: Chunks, Flakes, Granules, Others

➥ By Distribution Channel: Supermarket and Hypermarket, E-Commerce, Specialty Stores, Convenience Stores, Others

➥ By End User: Household, Commercial, Others

Regional Analysis for Textured Vegetable Protein Market:

⇥ 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 Textured Vegetable Protein 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 Textured Vegetable Protein 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

What is the current size of the Textured Vegetable Protein Market?

A: In 2022, the Textured Vegetable Protein Market was valued at US$ 2.57 billion, reflecting its strong industry presence.

Q2: How large is the Textured Vegetable Protein Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Textured Vegetable Protein Market will grow to around US$ 4.38 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Textured Vegetable Protein Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.91% during the forecast period from 2024 to 2031.

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