Sri Lanka Plant Protein Market: Growth Trends, Business Opportunities & Future Outlook Q2 2025

According to the report, the plant protein market in Sri Lanka is expected to grow by 28.8% on an annual basis to reach US$30.4 million in 2025.

The plant protein market in the country has experienced robust growth during 2020-2024, achieving a CAGR of 31.6%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 23.7% during 2025-2029. By the end of 2029, the plant protein market is projected to expand from its 2024 value of US$ 23.6 million to approximately US$ 90.6 million.

This report provides a detailed data-centric analysis of the plant protein industry in Sri Lanka, covering market opportunities and analysis across a range of plant protein, product categories, domains. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of plant protein market dynamics, market size and forecast, and market share statistics.

It breaks down market opportunities by protein consumption, functional segment, product categories, ingredients, and, price point. In addition, it provides a snapshot across city, age, and, demographics. The report also segments the market by sales channel and retail outlet, offering insights into end user trends. KPIs in value terms help in gaining an in-depth understanding of end-market dynamics.

The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.

Report Scope

This report provides an in-depth, data-centric analysis of the plant protein market in Sri Lanka 2020-2029. Below is a summary of key market segments:

Protein Consumption Market Size and Future Growth Dynamics

Protein Industry
Plant Protein Consumption Per Capita
Plant Protein Consumption

Plant Protein Market Share by Functional Segment

Ready To Mix
Ready To Eat
Ready To Drink
Ready To Cook

Plant Protein Market Share by Ingredients

Soy
Pea
Beans & Lentils
Hemp
Flaxseed, Pumpkin & Other
Brown Rice
Quinoa
Spirulina & Seaweed
Nuts
Other Ingredients

Plant Protein Market Share by Price Point

Premium Pricing
Mid Tier Pricing
Low End Pricing

Plant Protein Market Share Analysis by City

Tier 1 City
Tier 2 City
Tier 3 City

Plant Protein Consumption Market Share by Age

Baby
Kids & Teens
Young Adults & Mid Age
Old Age

Plant Protein Market Share by Demographics

Income
Gender

Plant Protein Market Share by Sales Channel

Online
Offline

Plant Protein Market Share by Retail Outlet

Diversified Stores
Pharmaceutical & Wellness Stores
Healthcare and Fitness Centers
Specialist Sports Stores

Reasons to Buy

In-depth understanding of plant protein market dynamics: Understand market opportunity, industry dynamics, key trends, and drivers across different market segments and sub-segments of the industry in Sri Lanka.
Develop market-specific strategies: Identify growth segments and target specific opportunities to formulate your investment strategy; assess market-specific key trends, drivers, and risks in the industry.
Get market share analysis by segments in Sri Lanka: Get a detailed analysis across different segments protein consumption, functional segment, product categories, ingredients, price point, city, age, demographics, sales channel, and, retail outlet.

1 About this Report

1.1 Summary
1.2 Methodology
1.3 Definition
1.4 Disclaimer

2 Sri Lanka Protein Consumption Market Size and Future Growth Dynamics

2.1 Protein Industry Market Size and Forecast, 2020-2029
2.2 Plant Protein Consumption Per Capita, 2020-2029
2.3 Plant Protein Consumption Market Size and Forecast, 2020-2029

3 Sri Lanka Plant Protein Market Size and Forecast by Functional Segment, 2020-2029

3.1 Sri Lanka Plant Protein Market Share by Functional Segment, 2024
3.2 Ready To Mix Market Size and Forecast, 2020-2029
3.3 Ready To Eat Market Size and Forecast, 2020-2029
3.4 Ready To Drink Market Size and Forecast, 2020-2029
3.5 Ready To Cook Market Size and Forecast, 2020-2029

4 Sri Lanka Plant Protein Market Size and Forecast by Product Categories, 2020-2029

4.1 Sri Lanka Plant Protein Market Share by Product Categories, 2024
4.2 Nutrition Supplements Market Size and Forecast, 2020-2029
4.3 Protein Bars Market Size and Forecast, 2020-2029
4.4 Sports Nutrition Market Size and Forecast, 2020-2029
4.5 Meal Alternative Market Size and Forecast, 2020-2029
4.6 Dairy Alternatives Market Size and Forecast, 2020-2029
4.7 Meat Alternatives Market Size and Forecast, 2020-2029
4.8 Bakery Products Market Size and Forecast, 2020-2029
4.9 Infant Formulas Market Size and Forecast, 2020-2029
4.10 Other Product Categories Market Size and Forecast, 2020-2029

5 Sri Lanka Plant Protein Market Size and Forecast by Ingredients, 2020-2029

5.1 Sri Lanka Plant Protein Market Share by Ingredients, 2024
5.2 Soy Market Size and Forecast, 2020-2029
5.3 Pea Market Size and Forecast, 2020-2029
5.4 Beans & Lentils Market Size and Forecast, 2020-2029
5.5 Hemp Market Size and Forecast, 2020-2029
5.6 Flaxseed, Pumpkin & Other Market Size and Forecast, 2020-2029
5.7 Brown Rice Market Size and Forecast, 2020-2029
5.8 Quinoa Market Size and Forecast, 2020-2029
5.9 Spirulina & Seaweed Market Size and Forecast, 2020-2029
5.10 Nuts Market Size and Forecast, 2020-2029
5.11 Other Ingredients Market Size and Forecast, 2020-2029

6 Sri Lanka Plant Protein Market Size and Forecast by Price Point, 2020-2029

6.1 Sri Lanka Plant Protein Market Share by Price Point, 2024
6.2 Premium Pricing Market Size and Forecast, 2020-2029
6.3 Mid Tier Pricing Market Size and Forecast, 2020-2029
6.4 Low End Pricing Market Size and Forecast, 2020-2029

7 Sri Lanka Plant Protein Market Analysis by City, 2020-2029

7.1 Sri Lanka Plant Protein Market Share Analysis by City, 2024
7.2 Tier 1 City Market Analysis, 2020-2029
7.3 Tier 2 City Market Analysis, 2020-2029
7.4 Tier 3 City Market Analysis, 2020-2029

8 Sri Lanka Plant Protein Consumption Market Size and Forecast by Age, 2020-2029

8.1 Sri Lanka Plant Protein Consumption Market Share by Age, 2024
8.2 Baby Plant Protein Consumption Market Size and Forecast, 2020-2029
8.3 Kids & Teens Plant Protein Consumption Market Size and Forecast, 2020-2029
8.4 Young Adults & Mid Aged People Plant Protein Consumption Market Size and Forecast, 2020-2029
8.5 Old Aged People Plant Protein Consumption Market Size and Forecast, 2020-2029

9 Sri Lanka Plant Protein Consumption Market Share Demographics, 2024

9.1 Sri Lanka Plant Protein Consumption Market Share by Income, 2024
9.2 Sri Lanka Plant Protein Consumption Market Share by Gender, 2024

10 Sri Lanka Plant Protein Distribution Market Size and Forecast by Sales Channel, 2020-2029

10.1 Sri Lanka Plant Protein Distribution Market Size and Forecast by Sales Channel, 2024
10.2 Online Market Size and Forecast, 2020-2029
10.3 Offline Market Size and Forecast, 2020-2029

11 Sri Lanka Plant Protein Distribution Market Size and Forecast by Retail Outlet, 2020-2029

11.1 Sri Lanka Plant Protein Distribution Market Share by Retail Outlet, 2024
11.2 Diversified Stores Market Size and Forecast, 2020-2029
11.3 Pharmaceutical & Wellness Stores Market Size and Forecast, 2020-2029
11.4 Healthcare and Fitness Centers Market Size and Forecast, 2020-2029
11.5 Specialist Sports Stores Market Size and Forecast, 2020-2029

12 Further Reading

12.1 About the Analyst
12.2 Related Research
12.3 Consulting

List of Tables

Table 1: Sri Lanka - Total Protein Market Size by Value Analysis (US$ Million), 2020-2029
Table 2: Sri Lanka - Plant Protein Consumption Per Capita (US$), 2020-2029
Table 3: Sri Lanka - Plant Protein Consumption Market Size and Forecast (US$ Million), 2020-2029
Table 4: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Mix (US$ Million), 2020-2029
Table 5: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Eat (US$ Million), 2020-2029
Table 6: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Drink (US$ Million), 2020-2029
Table 7: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Cook (US$ Million), 2020-2029
Table 8: Sri Lanka - Plant Protein Market Size by Product Categories: Nutrition Supplements (US$ Million), 2020-2029
Table 9: Sri Lanka - Plant Protein Market Size by Product Categories: Protein Bars (US$ Million), 2020-2029
Table 10: Sri Lanka - Plant Protein Market Size by Product Categories: Sports Nutrition (US$ Million), 2020-2029
Table 11: Sri Lanka - Plant Protein Market Size by Product Categories: Meal Alternative (US$ Million), 2020-2029
Table 12: Sri Lanka - Plant Protein Market Size by Product Categories: Dairy Alternative (US$ Million), 2020-2029
Table 13: Sri Lanka - Plant Protein Market Size by Product Categories: Meat Alternative (US$ Million), 2020-2029
Table 14: Sri Lanka - Plant Protein Market Size by Product Categories: Bakery Products (US$ Million), 2020-2029
Table 15: Sri Lanka - Plant Protein Market Size by Product Categories: Infant Formulas (US$ Million), 2020-2029
Table 16: Sri Lanka - Plant Protein Market Size by Product Categories: Other Product Categories (US$ Million), 2020-2029
Table 17: Sri Lanka - Plant Protein Market Size by Ingredients: Soy (US$ Million), 2020-2029
Table 18: Sri Lanka - Plant Protein Market Size by Ingredients: Pea (US$ Million), 2020-2029
Table 19: Sri Lanka - Plant Protein Market Size by Ingredients: Beans & Lentils (US$ Million), 2020-2029
Table 20: Sri Lanka - Plant Protein Market Size by Ingredients: Hemp (US$ Million), 2020-2029
Table 21: Sri Lanka - Plant Protein Market Size by Ingredients: Flaxseed, Pumpkin & Other (US$ Million), 2020-2029
Table 22: Sri Lanka - Plant Protein Market Size by Ingredients: Brown Rice (US$ Million), 2020-2029
Table 23: Sri Lanka - Plant Protein Market Size by Ingredients: Quinoa (US$ Million), 2020-2029
Table 24: Sri Lanka - Plant Protein Market Size by Ingredients: Spirulina & Seaweed (US$ Million), 2020-2029
Table 25: Sri Lanka - Plant Protein Market Size by Ingredients: Nuts (US$ Million), 2020-2029
Table 26: Sri Lanka - Plant Protein Market Size by Ingredients: Other Ingredients (US$ Million), 2020-2029
Table 27: Sri Lanka - Plant Protein Market Size by Price Point: Premium Pricing (US$ Million), 2020-2029
Table 28: Sri Lanka - Plant Protein Market Size by Price Point: Mid Tier Pricing (US$ Million), 2020-2029
Table 29: Sri Lanka - Plant Protein Market Size by Price Point: Low End Pricing (US$ Million), 2020-2029
Table 30: Sri Lanka - Plant Protein Market Analysis by City: Tier 1 (US$ Million), 2020-2029
Table 31: Sri Lanka - Plant Protein Market Analysis by City: Tier 2 (US$ Million), 2020-2029
Table 32: Sri Lanka - Plant Protein Market Analysis by City: Tier 3 (US$ Million), 2020-2029
Table 33: Sri Lanka - Plant Protein Consumption Market Size by Age: Baby (US$ Million), 2020-2029
Table 34: Sri Lanka - Plant Protein Consumption Market Size by Age: Kids & Teens (US$ Million), 2020-2029
Table 35: Sri Lanka - Plant Protein Consumption Market Size by Age: Young Adults & Mid Aged People (US$ Million), 2020-2029
Table 36: Sri Lanka - Plant Protein Consumption Market Size by Age: Old Aged People (US$ Million), 2020-2029
Table 38: Sri Lanka Plant Protein Distribution Market Size by Sales Channel: Online (US$ Million), 2020-2029
Table 38: Sri Lanka Plant Protein Distribution Market Size by Sales Channel: Offline (US$ Million), 2020-2029
Table 39: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Diversified Stores (US$ Million), 2020-2029
Table 40: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Diversified Stores (US$ Million), 2020-2029
Table 41: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Healthcare and Fitness Centers (US$ Million), 2020-2029
Table 42: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Healthcare and Fitness Centers (US$ Million), 2020-2029

List of Figures

Figure 1: Methodology Framework
Figure 2: Sri Lanka - Total Protein Market Size by Value Analysis (US$ Million), 2020-2029
Figure 3: Sri Lanka - Plant Protein Consumption Per Capita (US$), 2020-2029
Figure 4: Sri Lanka - Plant Protein Consumption Market Size and Forecast (US$ Million), 2020-2029
Figure 5: Sri Lanka Plant Protein Market Share by Functional Segment (%), 2024
Figure 6: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Mix (US$ Million), 2020-2029
Figure 7: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Eat (US$ Million), 2020-2029
Figure 8: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Drink (US$ Million), 2020-2029
Figure 9: Sri Lanka - Plant Protein Market Size by Functional Segment: Ready To Cook (US$ Million), 2020-2029
Figure 10: Sri Lanka - Plant Protein Market Share by Product Categories (%), 2024
Figure 11: Sri Lanka - Plant Protein Market Size by Product Categories: Nutrition Supplements (US$ Million), 2020-2029
Figure 12: Sri Lanka - Plant Protein Market Size by Product Categories: Protein Bars (US$ Million), 2020-2029
Figure 13: Sri Lanka - Plant Protein Market Size by Product Categories: Sports Nutrition (US$ Million), 2020-2029
Figure 14: Sri Lanka - Plant Protein Market Size by Product Categories: Meal Alternative (US$ Million), 2020-2029
Figure 15: Sri Lanka - Plant Protein Market Size by Product Categories: Dairy Alternative (US$ Million), 2020-2029
Figure 16: Sri Lanka - Plant Protein Market Size by Product Categories: Meat Alternative (US$ Million), 2020-2029
Figure 17: Sri Lanka - Plant Protein Market Size by Product Categories: Bakery Products (US$ Million), 2020-2029
Figure 18: Sri Lanka - Plant Protein Market Size by Product Categories: Infant Formulas (US$ Million), 2020-2029
Figure 19: Sri Lanka - Plant Protein Market Size by Product Categories: Other Product Categories (US$ Million), 2020-2029
Figure 20: Sri Lanka Plant Protein Market Share by Ingredients (%), 2024
Figure 21: Sri Lanka - Plant Protein Market Size by Ingredients: Soy (US$ Million), 2020-2029
Figure 22: Sri Lanka - Plant Protein Market Size by Ingredients: Pea (US$ Million), 2020-2029
Figure 23: Sri Lanka - Plant Protein Market Size by Ingredients: Beans & Lentils (US$ Million), 2020-2029
Figure 24: Sri Lanka - Plant Protein Market Size by Ingredients: Hemp (US$ Million), 2020-2029
Figure 25: Sri Lanka - Plant Protein Market Size by Ingredients: Flaxseed, Pumpkin & Other (US$ Million), 2020-2029
Figure 26: Sri Lanka - Plant Protein Market Size by Ingredients: Brown Rice (US$ Million), 2020-2029
Figure 27: Sri Lanka - Plant Protein Market Size by Ingredients: Quinoa (US$ Million), 2020-2029
Figure 28: Sri Lanka - Plant Protein Market Size by Ingredients: Spirulina & Seaweed (US$ Million), 2020-2029
Figure 29: Sri Lanka - Plant Protein Market Size by Ingredients: Nuts (US$ Million), 2020-2029
Figure 30: Sri Lanka - Plant Protein Market Size by Ingredients: Other Ingredients (US$ Million), 2020-2029
Figure 31: Sri Lanka Plant Protein Market Share by Price Point (%), 2024
Figure 32: Sri Lanka - Plant Protein Market Size by Price Point: Premium Pricing (US$ Million), 2020-2029
Figure 33: Sri Lanka - Plant Protein Market Size by Price Point: Mid Tier Pricing (US$ Million), 2020-2029
Figure 34: Sri Lanka - Plant Protein Market Size by Price Point: Low End Pricing (US$ Million), 2020-2029
Figure 35: Sri Lanka Plant Protein Market Share Analysis by City (%), 2024
Figure 36: Sri Lanka - Plant Protein Market Analysis by City: Tier 1 (US$ Million), 2020-2029
Figure 37: Sri Lanka - Plant Protein Market Analysis by City: Tier 2 (US$ Million), 2020-2029
Figure 38: Sri Lanka - Plant Protein Market Analysis by City: Tier 3 (US$ Million), 2020-2029
Figure 39: Sri Lanka Plant Protein Consumption Market Share by Age (%), 2024
Figure 40: Sri Lanka - Plant Protein Consumption Market Size by Age: Baby (US$ Million), 2020-2029
Figure 41: Sri Lanka - Plant Protein Consumption Market Size by Age: Kids & Teens (US$ Million), 2020-2029
Figure 42: Sri Lanka - Plant Protein Consumption Market Size by Age: Young Adults & Mid Aged People (US$ Million), 2020-2029
Figure 43: Sri Lanka - Plant Protein Consumption Market Size by Age: Old Aged People (US$ Million), 2020-2029
Figure 44: Sri Lanka Plant Protein Consumption Market Share by Income (%), 2024
Figure 44: Sri Lanka Plant Protein Consumption Market Share by Gender (%), 2024
Figure 45: Sri Lanka Plant Protein Distribution Market Size and Forecast by Sales Channel (%), 2024
Figure 46: Sri Lanka - Plant Protein Distribution Market Size by Sales Channel: Online (US$ Million), 2020-2029
Figure 47: Sri Lanka - Plant Protein Distribution Market Size by Sales Channel: Offline (US$ Million), 2020-2029
Figure 48: Sri Lanka Plant Protein Distribution Market Size and Forecast by Retail Outlet (%), 2024
Figure 49: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Diversified Stores (US$ Million), 2020-2029
Figure 50: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Diversified Stores (US$ Million), 2020-2029
Figure 51: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Healthcare and Fitness Centers (US$ Million), 2020-2029
Figure 52: Sri Lanka - Plant Protein Distribution Market Size by Retail Outlet: Healthcare and Fitness Centers (US$ Million), 2020-2029

Table Information

Report Attribute	Details
No. of Pages	50
Published	April 2025
Forecast Period	2025 - 2029
Estimated Market Value ( USD ) in 2025	$ 38.6 Million
Forecasted Market Value ( USD ) by 2029	$ 90.6 Million
Compound Annual Growth Rate	23.7%
Regions Covered	Sri Lanka

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€547EUR$600USD£468GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€684EUR$750USD£585GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€821EUR$900USD£702GBP

Report Scope

Protein Consumption Market Size and Future Growth Dynamics

Plant Protein Market Share by Functional Segment

Plant Protein Market Share by Product Categories

Plant Protein Market Share by Ingredients

Plant Protein Market Share by Price Point

Plant Protein Market Share Analysis by City

Plant Protein Consumption Market Share by Age

Plant Protein Market Share by Demographics

Plant Protein Market Share by Sales Channel

Plant Protein Market Share by Retail Outlet

Reasons to Buy

Table of Contents

Table Information

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