How big is the plant based protein market | Company list 2025

How big is the plant based protein market?

The market growth is fuelled by rising health-conscious consumer preferences, increasing adoption of vegan and vegetarian diets, and the demand for sustainable and clean-label protein sources. Expanding use in food & beverages, nutraceuticals, and sports nutrition further strengthens market expansion.

Key Growth Drivers of the Plant Based Protein Market

• The increase of consumer changes due to veganism, vegetarianism and flexitarian diets
• Increasing health and sustainability benefits and consciousness of plant proteins
• Fire increasing use in functional foods, drinks and diet legislative supplements
• Increase in sports nutrition and weight management used with plant proteins
• Favourable policies to support foods without animals and allergens

Plant Based Protein Market Trends

The plant-based protein market is witnessing trends such as innovation in pea, soy, rice, and hemp protein formulations, the rise of hybrid meat alternatives, and demand for allergen-free and non-GMO protein ingredients. There is also a growing number of investments in fermentation-based and precision-engineered proteins, entry into the infant nutrition market, and new functional applications, especially to gut health and immunity.

Emerging Developments in the Plant Based Protein Market

The plant-based protein market is experiencing developments like collaborations between food tech startups and large manufacturers, introduction of next-generation protein isolates with improved texture and taste, and scaling of fermentation and cellular agriculture technologies. The other area where companies are paying attention is fortification of protein in snacks and dairy alternatives to increase consumer acceptance.

List of Leading Companies in the Plant-Based Protein Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Archer Daniels Midland Company (ADM)

ADM is a global leader in plant-based proteins, producing soy, pea, and wheat protein ingredients for food, beverages, and nutrition applications across industries.

2. Cargill, Incorporated

Cargill develops plant-based protein solutions, including soy, pea, and specialty protein isolates, catering to alternative meat, dairy, and nutrition product manufacturers worldwide.

3. Roquette Frères

Roquette is a pioneer in pea protein and other plant-derived ingredients, supplying innovative solutions for meat alternatives, sports nutrition, and functional food markets.

4. Kerry Group plc

Kerry Group provides plant-based protein ingredients and functional blends, supporting clean-label food, beverages, and nutrition solutions for global consumer and industrial applications.

5. Ingredion Incorporated

Ingredion produces a wide range of plant-based protein isolates and concentrates, including pea, lentil, and fava bean proteins for food, beverage, and dietary products.

6. E.I. du Pont de Nemours and Company (IFF – DuPont Nutrition & Biosciences)

DuPont (now part of IFF) delivers plant-based protein ingredients, specializing in soy protein isolates, textured vegetable proteins, and solutions for plant-based meat alternatives.

7. Burcon NutraScience Corporation

Burcon develops next-generation plant-based proteins, including canola, pea, and hemp proteins, designed to deliver superior functionality, nutrition, and taste for food applications.

8. Axiom Foods, Inc.

Axiom Foods offers plant protein ingredients such as rice, pea, hemp, and sacha inchi protein, catering to clean-label, allergen-free, and vegan product markets worldwide.

9. Tate & Lyle PLC

Tate & Lyle produces plant-based protein ingredients alongside specialty sweeteners and fibres, enabling healthier and sustainable solutions for food and beverage manufacturers.

10. Cosucra Groupe Warcoing SA

Cosucra specializes in pea protein and chicory root ingredients, delivering plant-based nutrition solutions for dairy alternatives, bakery, beverages, and functional food markets globally.

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