Plant-Based Ingredient Market is set for steady growth to US$ 1,840.50 billion by 2028 at a CAGR of 10.99% | Key Players:- ADM, Cargill Inc., Bunge Limited.

Global Plant-Based Ingredient Market reached US$ 1,157.92 billion in 2024 and is expected to reach US$ 1,840.50 billion by 2028, growing with a CAGR of 10.99% during the forecast period 2024-2031

Market growth is driven by the rising demand for clean-label, sustainable, and plant-derived food ingredients, increasing consumer preference for vegan and flexitarian diets, and growing awareness of health benefits associated with plant-based nutrition. Additionally, expanding applications in food & beverages, nutraceuticals, cosmetics, and pharmaceuticals, advancements in plant-protein processing technologies, and supportive government initiatives promoting sustainable food systems are further supporting market expansion.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):-https://www.datamintelligence.com/download-sample/plant-based-ingredient-market?pratik

United States: Key Industry Developments
✅ December 2025: ADM expanded its plant-based ingredient production facility in Illinois, incorporating advanced pea protein isolation technology to boost output by 25% for meat alternative applications amid surging flexitarian demand.

✅ November 2025: Ingredion launched ProTex plant-based protein blend optimized for clean-label dairy substitutes, achieving 90% solubility and enhanced emulsification for U.S. beverage manufacturers targeting lactose-intolerant consumers.

✅ October 2025: Cargill introduced a novel chickpea flour variant with high fiber content and low glycemic index, supporting fortified snack formulations and aligning with health-focused retail trends in major U.S. grocery chains.

Asia Pacific / Japan: Key Industry Developments
✅ December 2025: Fuji Oil Holdings unveiled soy-based emulsifier for plant-derived spreads, reducing trans fats by 40% while maintaining creamy texture, tailored for Japan's premium confectionery market expansion.

✅ November 2025: Japanese firm House Foods partnered with local startups to commercialize fermented rice protein isolates, improving amino acid profiles for functional foods and addressing protein deficiency in aging populations.

✅ September 2025: Ajinomoto launched a mycelium-derived umami enhancer from plant sources, enabling low-sodium seasonings for ready-to-eat meals, capitalizing on Japan's convenience food sector growth and sustainability mandate

Market Segmentation Analysis:
-By Ingredient Type: Proteins vs Emulsifiers
Proteins dominate with 42.80% market share in 2025, driven by demand for high-protein plant-based foods like meat analogs and dairy alternatives.
Emulsifiers hold a smaller share but grow fastest at 13.40% CAGR, used in beverages and baked goods for texture and stability.

-By Source: Legumes vs Nuts and Seeds
Legumes lead with 38.50% share in 2025, popular for affordable protein sources like soy and pea in fortified products.
Nuts and seeds follow with rapid growth at 12.90% CAGR, valued for premium fats and flavors in snacks and cosmetics.

-By Application: Food and Beverages vs Cosmetics
Food and beverages command 46.20% share in 2025, fueled by flexitarian diets and functional foods.
Cosmetics grow fastest at 13.10% CAGR, incorporating plant proteins and emulsifiers for clean-label skincare.

-By End-Use: Retail vs Food Service
Retail leads in 2025 with the largest share, boosted by packaged meat substitutes and dairy alternatives in supermarkets.
Food service expands rapidly, driven by plant-based menus in restaurants and cafes.

Purchase this report before year-end and unlock an exclusive 30% discount:https://www.datamintelligence.com/buy-now-page?report=plant-based-ingredient-market?pratik (Purchase 2 or more Reports and get 50% Discount)

Growth Drivers:
Rising Health Consciousness & Lifestyle Shift: Growing preference for clean-label, natural, vegan, and allergen-free products drives demand for plant-based ingredients in food, beverages, nutraceuticals, cosmetics, and pharmaceuticals.

Increasing Prevalence of Chronic Diseases: Rising cases of obesity, cardiovascular issues, diabetes, and digestive disorders are pushing consumers toward healthier plant-based alternatives rich in fiber, antioxidants, and functional nutrients.

Growth of Vegan, Vegetarian & Flexitarian Populations: Expanding adoption of plant-based diets worldwide, supported by changing consumer perception toward sustainability, wellness, and ethical consumption.

Strong Demand from Food & Beverage Industry: Rapid expansion in plant-based meat, dairy substitutes, functional foods, bakery, and beverages continues to fuel ingredient adoption.

Environmental & Sustainability Benefits: Lower carbon footprint, water efficiency, and sustainable agricultural practices encourage industries to shift toward plant-origin ingredients.

Technological Advancements: Innovations in extraction, fermentation, plant protein processing, flavor enhancement, and texturization improving taste, nutrition, and product quality.

Regional Insights:
North America commands the largest share of the Plant-Based Ingredient Market, estimated at around 35-40% in recent assessments, driven by high consumer demand for vegan alternatives, advanced food processing infrastructure, substantial R&D in plant proteins, and strong retail penetration in the US and Canada.​

Europe follows as the second-largest region, benefiting from stringent sustainability regulations, rising adoption in countries like Germany, the UK, and France, and growing awareness of health and environmental benefits, though exact shares vary by report amid steady market expansion.​

Asia Pacific ranks third in market share, yet exhibits the fastest growth potential with high CAGRs in nations such as China, India, and Japan, fueled by increasing urbanization, health consciousness, government support for plant-based foods, and expanding middle-class populations

Speak to Our Analyst and Get Customization in the report as per your requirements:https://www.datamintelligence.com/customize/plant-based-ingredient-market?pratik

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

Key Highlights (Top 5 Key Players) :
Cargill Incorporated
Headquartered in Wayzata, Minnesota, Cargill leads with pea proteins like PURISTM, textured vegetable proteins, and plant-based oils through vertically integrated supply chains and canola protein expansions.​

ADM (Archer Daniels Midland)
Based in Chicago, ADM excels in soy proteins, wheat gluten, and emulsifiers, bolstered by a $300 million soybean processing expansion and sustainable Nutriance texturized proteins with blockchain transparency.​

Bunge Limited
Bunge invests $550 million in a new Indiana soy protein facility to extend its oilseed processing into high-value plant proteins, featuring traceable soybean sourcing from 2025 harvests.​

Roquette
Roquette offers plant-based solutions like NUTRIOSE® soluble fibers from non-GMO sources for nutrition and functionality in drinks, cheeses, and seafood, backed by clinical studies and formulation expertise.​

Glanbia PLC
Glanbia provides non-GMO, gluten-free plant-based proteins, flaxseed, and chia ingredients for clean-label applications, emphasizing safety, nutrition, and flavor in diverse food products.​

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?pratik

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele

This release was published on openPR.