This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The alternative protein market size has grown rapidly in recent years. It will grow from $85.65 billion in 2024 to $102.06 billion in 2025 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to health and wellness trends, environmental concerns, ethical and animal welfare concerns, cultural and religious preferences, innovation and product development.
The alternative protein market size is expected to see rapid growth in the next few years. It will grow to $187.95 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to policy and regulatory support, global population growth, investment and funding inflows, changing consumer preferences, climate change mitigation. Major trends in the forecast period include diversification of protein sources, mainstream adoption in foodservice, premiumization and innovation, global expansion and market accessibility, nutritional enhancement and fortification.
The increasing demand for plant-based proteins is expected to propel the growth of the alternative protein market going forward. Plant-based protein refers to proteins derived from plants rather than animal sources. These proteins are present in several plant-based foods and are frequently consumed by people who follow vegetarian, vegan, or plant-based diets. Plant-based proteins are used in alternative protein products as substitutes for traditional animal-based proteins, offering a sustainable and cruelty-free option. Additionally, plant-based proteins offer benefits such as lower saturated fat, high fiber content, reduced environmental impact, and ethical considerations compared to animal-based proteins. For instance, in April 2023, according to the Good Food Institute, a US-based non-profit organization, the global retail sales of plant-based meat and seafood in 2022 amounted to $6.1 billion, indicating an 8% growth in revenue and a 5% increase in weight. Additionally, the collective sales of plant-based milk, cheese, and yogurt reached $21.6 billion globally, marking a 7% rise from the previous year. Therefore, the increasing demand for plant-based proteins is driving the growth of the alternative protein market.
Major companies operating in the alternative protein market are developing new products, such as plant-based meat, to gain a competitive edge in the market. Plant-based meat refers to food products that mimic the taste, texture, and nutritional profile of traditional animal meat but are entirely derived from plant-based sources. For instance, in January 2023, Final Foods Inc., a US-based food and technology company, launched a plant-based meat product line designed for gourmet chefs and the food service industry. This innovative range offers protein-rich vegan alternatives in slices and large cuts, allowing for versatile culinary applications such as grilling, stewing, sautéing, and stir-frying. Crafted with a unique extrusion cooking process using pea protein and natural ingredients, Final Foods' vegan meat distinguishes itself by its commitment to replicating the taste of meat while providing a more natural and creative alternative for chefs. Notably, the company is pioneering a sustainable production model, utilizing small-scale micro factories to support local markets.
In August 2024, Naplasol, a Belgium-based provider of plant-based food ingredients, acquired Mycorena for an undisclosed amount. This acquisition is aimed at expanding Naplasol's product offerings and strengthening its position in the plant-based food sector. By incorporating Mycorena's innovative mycelium-based protein solutions, Naplasol plans to diversify its ingredient portfolio and capitalize on the increasing demand for sustainable and nutritious food alternatives. Mycorena is a Sweden-based food-tech company specializing in mycelium-based protein solutions.
Major companies operating in the alternative protein market are Cargill Incorporated, Archer-Daniels-Midland Company, CHS Inc., International Flavors & Fragrances Inc., Kerry Group plc, Ingredion Incorporated, DIC Corporation, Glanbia Plc, Roquette Freres SA, Tate & Lyle Plc, Corbion NV, Now Health Group Inc., Farbest Farms Inc., Ynsect SAS, BENEO GmbH, Cyanotech Corporation, MycoTechnology Inc., Enterra Feed Corporation, Sotexpro, Axiom Foods Inc., Protix B.V., EnviroFlight LLC, Entomo Farms, Aspire Food Group, Pond Technologies Holdings Inc.
North America was the largest region in the alternative protein market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alternative protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the alternative protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The alternative protein market consists of sales of soy flours, soy concentrates, soy isolates, whey protein concentrate, whey protein isolate, and lab-grown meat. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Alternative protein refers to protein sources that are not derived from traditional animal agriculture, such as beef, poultry, or fish. These alternatives aim to provide protein-rich food options while addressing concerns related to environmental sustainability, animal welfare, and the increasing demand for protein as the global population grows.
The main sources of alternative proteins are plant-based, insect-based, microbial-based, and others. Plant-based proteins are derived from a variety of plant sources, providing a sustainable and cruelty-free alternative to animal-based proteins. These are available in dry and wet forms and are used in several applications, such as food and beverage, cattle, aquaculture, animal feed, pet food, equine, and others.
The main sources of alternative proteins are plant-based, insect-based, microbial-based, and others. Plant-based proteins are derived from a variety of plant sources, providing a sustainable and cruelty-free alternative to animal-based proteins. These are available in dry and wet forms and are used in several applications, such as food and beverage, cattle, aquaculture, animal feed, pet food, equine, and others.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The alternative protein market size has grown rapidly in recent years. It will grow from $85.65 billion in 2024 to $102.06 billion in 2025 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to health and wellness trends, environmental concerns, ethical and animal welfare concerns, cultural and religious preferences, innovation and product development.
The alternative protein market size is expected to see rapid growth in the next few years. It will grow to $187.95 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to policy and regulatory support, global population growth, investment and funding inflows, changing consumer preferences, climate change mitigation. Major trends in the forecast period include diversification of protein sources, mainstream adoption in foodservice, premiumization and innovation, global expansion and market accessibility, nutritional enhancement and fortification.
The increasing demand for plant-based proteins is expected to propel the growth of the alternative protein market going forward. Plant-based protein refers to proteins derived from plants rather than animal sources. These proteins are present in several plant-based foods and are frequently consumed by people who follow vegetarian, vegan, or plant-based diets. Plant-based proteins are used in alternative protein products as substitutes for traditional animal-based proteins, offering a sustainable and cruelty-free option. Additionally, plant-based proteins offer benefits such as lower saturated fat, high fiber content, reduced environmental impact, and ethical considerations compared to animal-based proteins. For instance, in April 2023, according to the Good Food Institute, a US-based non-profit organization, the global retail sales of plant-based meat and seafood in 2022 amounted to $6.1 billion, indicating an 8% growth in revenue and a 5% increase in weight. Additionally, the collective sales of plant-based milk, cheese, and yogurt reached $21.6 billion globally, marking a 7% rise from the previous year. Therefore, the increasing demand for plant-based proteins is driving the growth of the alternative protein market.
Major companies operating in the alternative protein market are developing new products, such as plant-based meat, to gain a competitive edge in the market. Plant-based meat refers to food products that mimic the taste, texture, and nutritional profile of traditional animal meat but are entirely derived from plant-based sources. For instance, in January 2023, Final Foods Inc., a US-based food and technology company, launched a plant-based meat product line designed for gourmet chefs and the food service industry. This innovative range offers protein-rich vegan alternatives in slices and large cuts, allowing for versatile culinary applications such as grilling, stewing, sautéing, and stir-frying. Crafted with a unique extrusion cooking process using pea protein and natural ingredients, Final Foods' vegan meat distinguishes itself by its commitment to replicating the taste of meat while providing a more natural and creative alternative for chefs. Notably, the company is pioneering a sustainable production model, utilizing small-scale micro factories to support local markets.
In August 2024, Naplasol, a Belgium-based provider of plant-based food ingredients, acquired Mycorena for an undisclosed amount. This acquisition is aimed at expanding Naplasol's product offerings and strengthening its position in the plant-based food sector. By incorporating Mycorena's innovative mycelium-based protein solutions, Naplasol plans to diversify its ingredient portfolio and capitalize on the increasing demand for sustainable and nutritious food alternatives. Mycorena is a Sweden-based food-tech company specializing in mycelium-based protein solutions.
Major companies operating in the alternative protein market are Cargill Incorporated, Archer-Daniels-Midland Company, CHS Inc., International Flavors & Fragrances Inc., Kerry Group plc, Ingredion Incorporated, DIC Corporation, Glanbia Plc, Roquette Freres SA, Tate & Lyle Plc, Corbion NV, Now Health Group Inc., Farbest Farms Inc., Ynsect SAS, BENEO GmbH, Cyanotech Corporation, MycoTechnology Inc., Enterra Feed Corporation, Sotexpro, Axiom Foods Inc., Protix B.V., EnviroFlight LLC, Entomo Farms, Aspire Food Group, Pond Technologies Holdings Inc.
North America was the largest region in the alternative protein market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alternative protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the alternative protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The alternative protein market consists of sales of soy flours, soy concentrates, soy isolates, whey protein concentrate, whey protein isolate, and lab-grown meat. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Alternative protein refers to protein sources that are not derived from traditional animal agriculture, such as beef, poultry, or fish. These alternatives aim to provide protein-rich food options while addressing concerns related to environmental sustainability, animal welfare, and the increasing demand for protein as the global population grows.
The main sources of alternative proteins are plant-based, insect-based, microbial-based, and others. Plant-based proteins are derived from a variety of plant sources, providing a sustainable and cruelty-free alternative to animal-based proteins. These are available in dry and wet forms and are used in several applications, such as food and beverage, cattle, aquaculture, animal feed, pet food, equine, and others.
The main sources of alternative proteins are plant-based, insect-based, microbial-based, and others. Plant-based proteins are derived from a variety of plant sources, providing a sustainable and cruelty-free alternative to animal-based proteins. These are available in dry and wet forms and are used in several applications, such as food and beverage, cattle, aquaculture, animal feed, pet food, equine, and others.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Alternative Protein Market Characteristics3. Alternative Protein Market Trends and Strategies4. Alternative Protein Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Alternative Protein Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Alternative Protein Market34. Recent Developments in the Alternative Protein Market
5. Global Alternative Protein Growth Analysis and Strategic Analysis Framework
6. Alternative Protein Market Segmentation
7. Alternative Protein Market Regional and Country Analysis
8. Asia-Pacific Alternative Protein Market
9. China Alternative Protein Market
10. India Alternative Protein Market
11. Japan Alternative Protein Market
12. Australia Alternative Protein Market
13. Indonesia Alternative Protein Market
14. South Korea Alternative Protein Market
15. Western Europe Alternative Protein Market
16. UK Alternative Protein Market
17. Germany Alternative Protein Market
18. France Alternative Protein Market
19. Italy Alternative Protein Market
20. Spain Alternative Protein Market
21. Eastern Europe Alternative Protein Market
22. Russia Alternative Protein Market
23. North America Alternative Protein Market
24. USA Alternative Protein Market
25. Canada Alternative Protein Market
26. South America Alternative Protein Market
27. Brazil Alternative Protein Market
28. Middle East Alternative Protein Market
29. Africa Alternative Protein Market
30. Alternative Protein Market Competitive Landscape and Company Profiles
31. Alternative Protein Market Other Major and Innovative Companies
35. Alternative Protein Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Alternative Protein Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on alternative protein market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for alternative protein? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The alternative protein market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Source: Plant-Based; Insect-Based; Microbial-Based; Other Sources2) By Form: Dry; Liquid
3) By Application: Food And Beverage; Cattle; Aquaculture; Animal Feed; Pet Food; Equine; Other Applications
Subsegments:
1) By Plant-Based: Soy Protein; Pea Protein; Wheat Protein; Other Plant Proteins2) By Insect-Based: Crickets; Mealworms; Grasshoppers; Other Insects
3) By Microbial-Based: Fungal Proteins; Bacterial Proteins; Algal Proteins; Other Microbial Sources
4) By Other Sources: Cultured Meat; Cell-Based Proteins; Other Alternative Sources
Key Companies Mentioned: Cargill Incorporated; Archer-Daniels-Midland Company; CHS Inc.; International Flavors & Fragrances Inc.; Kerry Group plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Alpha-1 Antitrypsin Deficiency Augmentation Therapy market report include:- Cargill Incorporated
- Archer-Daniels-Midland Company
- CHS Inc.
- International Flavors & Fragrances Inc.
- Kerry Group plc
- Ingredion Incorporated
- DIC Corporation
- Glanbia Plc
- Roquette Freres SA
- Tate & Lyle Plc
- Corbion NV
- Now Health Group Inc.
- Farbest Farms Inc.
- Ynsect SAS
- BENEO GmbH
- Cyanotech Corporation
- MycoTechnology Inc.
- Enterra Feed Corporation
- Sotexpro
- Axiom Foods Inc.
- Protix B.V.
- EnviroFlight LLC
- Entomo Farms
- Aspire Food Group
- Pond Technologies Holdings Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 102.06 Billion |
Forecasted Market Value ( USD | $ 187.95 Billion |
Compound Annual Growth Rate | 16.5% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |