Plant Proteins Market is projected to reach US$ 34 billion by 2031 | Major Companies - Archer Daniels Midland Company, Kerry Group, Cargill Incorporated, E.I Du Pont de company, Omega Protein Corporation

Market Size and Growth:

The Global Plant Proteins Market size reached US$ 17 billion in 2022 and is projected to reach US$ 34 billion by 2031, growing at a CAGR of 9.3% during the forecast period 2024-2031.

The Plant Proteins Market refers to the global industry focused on the production, processing, and commercialization of protein ingredients derived from plant-based sources such as soy, pea, wheat, rice, and other legumes, grains, and seeds. These proteins are widely used in food and beverages, dietary supplements, animal feed, and meat alternatives. Market growth is driven by rising consumer demand for sustainable, vegan, and health-focused nutrition, along with innovation in functional and textured plant-based protein applications.

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Recent Key Developments of United States:

✅ January 2026: Collaborations between startups and retailers introduced fermented plant proteins mimicking whey texture, capturing 15% more shelf space in major chains. Consumer trials showed preference for these in bakery applications.

✅ December 2025: A leading protein supplier invested $50 million in a Midwest facility for rice and hemp protein isolates, aiming to cut import reliance and boost sustainable sourcing. Regulatory nods for novel pea protein extracts accelerated functional food integrations.

✅ November 2025: Major U.S. brands expanded pea and soy protein portfolios with new ready-to-drink shakes targeting athletes, driven by rising demand for high-protein vegan snacks. This followed a 12% sales uptick in plant-based dairy alternatives amid holiday launches.

Recent Key Developments of Japan:

✅ February 2026: Tokyo's food tech surge led to functional protein foods, with imports eyed at 1.2M tons by 2035 under 7-9% CAGR forecasts.

✅ January 2026: Soy-dominant market (60-65% share) saw pea and rice proteins gain traction via flavor innovations matching local tastes, projecting 8-10% CAGR to 2028.

✅ December 2025: Government Sustainable Food Initiative funded new Osaka hubs, spurring 40% more production sites since 2023 and partnerships with Nestlé for meat analogs.

✅ November 2025: Kansai region's plant protein output rose 16.3% yearly, with firms like Otsuka Foods scaling pea-soy blends for elderly nutrition amid METI-backed incentives.

List of the Key Players in the Plant Proteins Market:

Archer Daniels Midland Company
Kerry Group
Cargill Incorporated
E.I Du Pont de company
Omega Protein Corporation
Amco Proteins
Scoular Company's Food Ingredient
Reliance Private label supplements
Axiom's Foods
Roquette Foods.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Plant Proteins Market:

By Type: Protein Concentrate, Protein Isolate, Textured Protein.

By Source: Pea Protein, Soy Protein, Wheat Protein, Other vegetable Protein.

By Application: Animal Feed, Food Ingredients (Bakery and confectionery, Beverages, Energy and sports drink, Meat Analogues, Ready to eat), Pharmaceuticals.

Regional Analysis:

⇥ 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)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Plant Proteins market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Plant Proteins Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Plant Proteins market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Plant Proteins Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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