What is the market share of Plant-based Protein | Trends & Growth Analysis 2026

Code: MTA11338 Publication Date: Dec 2025

What is the share of Plant-based Protein Market?

According to 6Wresearch internal database and industry insights, the Global Plant-Based Protein Market was valued at USD 25 Billion in 2026 and is expected to reach USD 36.3 Billion by 2032, growing at a compound annual growth rate of 5.60% during the forecast period (2026-2032).

This expansion is supported by technological advancements, supportive government policies, and increased adoption in smart devices and grid storage. This industry accounted for an estimated market share of over 13.7% within the overall energy storage ecosystem in 2025.

Growth Factors for Plant-based Protein Industry

  • Rising consumption of meat alternatives driven by evolving dietary preferences seeking lighter and cleaner nutrition.
  • Increasing demand from sports nutrition supported by interest in high-performance plant formulations.
  • Growth in fortified packaged foods supported by rising awareness of balanced nutrient intake.
  • Expansion in café and quick-service menus offering plant-centric beverages and meals.
  • Innovation in flavoured, textured, and ready-to-mix Plant-based Protein categories.

Plant-based Protein Market Trends

The Plant-based Protein Market trends highlight the rapid movement toward improved nutritional profiles, expanded flavour innovations, and refined textures aligned with consumer expectations. Brands are integrating advanced extraction processes, premium blends, and fortified formulations that enhance versatility across beverages, bars, and functional foods. Wider distribution through cafés, online platforms, and specialty stores is supporting category visibility while premium clean-label and allergen-friendly claims are resonating with younger consumers seeking purposeful protein options.

Emerging Developments in the Plant-based Protein Market

The Plant-based Protein Market developments showcase progress in precision fermentation, improved amino-acid balancing, and novel ingredient combinations delivering enhanced taste and digestibility. Manufacturers are expanding offerings into culinary bases, high-protein snacks, and functional beverages suited to varied lifestyles. Advancements in encapsulation and fermentation are helping refine flavour profiles, while rising investment in regional manufacturing facilities is strengthening supply resilience. Subscription channels and digital retail are further accelerating premium adoption across consumer groups.

List of Leading Companies in the Plant-based Protein Market

Some of the leading companies include:

  • ADM
  • Cargill
  • Roquette
  • Kerry Group
  • Ingredion
  • Axiom Foods
  • Burcon NutraScience

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