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Plant-based Protein Market worth $34.97 billion by 2030- Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

25 Jun, 2025, 09:00 GMT

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DELRAY BEACH, Fla., June 25, 2025 /PRNewswire/ -- The plant-based protein market is estimated at USD 23.89 billion in 2025 and is projected to reach USD 34.97 billion by 2030, at a CAGR of 7.9% from 2025 to 2030, according to a report published by MarketsandMarkets™.

Plant-based proteins are expected to witness significant demand in the coming years due to the increase in veganism and flexitarian diets and the increasing requirement for plant-based meat and dairy alternatives. In recent years, plant-based protein has become popular due to its high nutritional value, which includes a complete protein profile, high digestibility, and a balanced amino acid composition. Plant-based protein from various sources meets adequate caloric and essential nutrient requirements. Pea protein and other emerging sources of plant-based protein have experienced immense popularity in recent years. This trend is expected to persist during the forecast period due to the growing number of individuals seeking alternatives to soy-based proteins because of the increasing prevalence of soy allergies and other causes of soy intolerance.

Browse in-depth TOC on "Plant-based Protein Market"

260– Tables
71– Figures
290– Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=14715651

Milled protein flour is projected to grow at a significant rate during forecast period

Milled protein flours are experiencing significant growth in the plant-based protein market due to their versatility and high nutritional value, catering to the rising demand for plant-based diets. Derived from soy, peas, lentils, and chickpeas, these flours are finely milled to enhance protein content, making them ideal for applications in bakery, snacks, and meat analogs. Their ability to improve texture and nutritional profiles in products drives their popularity, particularly among health-conscious consumers.

Conventional plant-based proteins segment will hold largest market share during forecast period.

Plant-based protein ingredients are conventional and organic. Conventional plant-based protein, sourced from soy, wheat, pea, chickpeas, and others, is extensively used across food and beverage applications, including bakery products, snacks, and meat alternatives. Manufacturers prefer conventional options due to their flexibility in large-scale sourcing and processing without stringent organic compliance requirements. In recent years, more and more consumers have been shifting away from animal-based protein sources and opting for plant-based foods instead. This has led to a surge in demand for plant-based protein products. It is important to highlight that conventional crops usually have slightly higher protein levels than organic crops. This is often due to the use of fertilizers, pesticides, and other synthetic chemicals in conventional farming practices. As a result, traditional plant-based protein sources may be better equipped to meet the increasing demand for plant-based protein products.

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European region to hold a significant market share during forecast period.

The European market presents significant business opportunities for manufacturers of plant-based protein ingredients. Veganism has grown exponentially in the country and now represents a considerable share of the population. Key factors encouraging this change include increasing concerns over sustainability and a high prospect of good health practices. While veganism remains a prominent trend in the consumer market, it has greatly impacted the industrial sector, leading to changes in its product offerings and the processing requirements addressed. This increasing trend of adopting veganism and shifting away from animal meat has presented significant business opportunities for companies operating in the plant-based protein industry.

The report profiles key players such as Cargill, Incorporated (US), ADM (US), Kerry Group PLC (Ireland), International Flavors & Fragrances Inc. (US), Ingredion Incorporated (US), Wilmar International Ltd. (Singapore), Roquette Frères (France), Glanbia PLC (Ireland), DSM-Firmenich (Switzerland), AGT Food and Ingredients (Canada), Tate & Lyle (UK), Burcon (Canada), Emsland Group (Germany), PURIS (US), and COSUCRA (Belgium).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=14715651

Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting

Related Reports:

Pea Protein Market by Type (Isolates, Concentrates and Textured), Application (Food, Beverages), Form (Dry, Wet), Source (Chickpeas, Yellow Split Peas, Lentils), Processing Method (Dry, Wet) and Region - Global Forecast to 2029

Protein Ingredients Market Size, Share, Growth Analysis, Industry Trends Report by Source (Animal, Plant, Insect, and Microbial), Form, Application (Food & Beverages, Feed, Cosmetics & Personal Care Products, and Pharmaceuticals), and Region - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:

Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/plant-based-protein-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
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