Global Alternative Protein Market

Alternative Protein Market Size, Share, Growth Analysis, By Source (Plant Protein, Insect Protein), By Nature, By Form, By Region - Industry Forecast 2025-2032

Report ID: SQMIG30I2161 | Region: Global | Published Date: December, 2024
Pages: 165 | Tables: 64 | Figures: 74

Alternative Protein Market Competitive Landscape

Alternative Protein Market is highly competitive, with the existence of numerous major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are Cargill Inc., Ingredion Incorporated, Tate & Lyle Plc, and Ÿnsect (SAS) among others who are driving the market.

Alternative Protein Market Top Player’s Company Profiles

  • Cargill, Incorporated  
  • ADM  
  • Kerry Group PLC  
  • International Flavors & Fragrances Inc.  
  • Ingredion  
  • Wilmar International Ltd.  
  • Roquette Freres  
  • Glanbia PLC  
  • DSM-Firmenich  
  • AGT Food and Ingredients  
  • Tate & Lyle  
  • Burcon  
  • Emsland Group  
  • Global Bugs  
  • Ynsect  
  • Puris  
  • Cosucra  
  • Beneo GmbH  
  • Sotexpro  
  • Amco Proteins

Alternative Protein Market

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Alternative Protein Market size was valued at USD 71.63 Billion in 2023 and is poised to grow from USD 84.88 Billion in 2024 to USD 391.11 Billion by 2032, growing at a CAGR of 18.5% during the forecast period (2025-2032).

Alternative Protein Market is highly competitive, with the existence of numerous major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are Cargill Inc., Ingredion Incorporated, Tate & Lyle Plc, and Ÿnsect (SAS) among others who are driving the market. 'Cargill, Incorporated  ', 'ADM  ', 'Kerry Group PLC  ', 'International Flavors & Fragrances Inc.  ', 'Ingredion  ', 'Wilmar International Ltd.  ', 'Roquette Freres  ', 'Glanbia PLC  ', 'DSM-Firmenich  ', 'AGT Food and Ingredients  ', 'Tate & Lyle  ', 'Burcon  ', 'Emsland Group  ', 'Global Bugs  ', 'Ynsect  ', 'Puris  ', 'Cosucra  ', 'Beneo GmbH  ', 'Sotexpro  ', 'Amco Proteins'

Plant-based products are an ethical and sustainable alternative to animal-derived products since well-established meat and dairy enterprises are under constant criticism from civil society groups and new food enterprise players.

The general public health and environmental crises that engulfed the sector in 2022 and 2023 have highlighted the dangers associated with established company groups and methods hence, driving the demand for alternative protein sources.

North America accounted for the largest alternative protein market share in 2023. North America's prominent position in the alternative protein industry can be ascribed to a growing realization of the importance of producing protein using sustainable ways in light of rising environmental concerns and moral concerns about animal protein. The burgeoning vegan population, more investment in alternative protein goods, and increased demand for healthier products have all resulted in technological advancements in the food sector that encourage alternative protein.

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Global Alternative Protein Market

Report ID: SQMIG30I2161

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