Alternative Protein Market, Global Outlook and Forecast 2023-2030 (2024)

The global Alternative Protein market was valued at US$ 3778.8 million in 2022 and is projected to reach US$ 5377 million by 2029, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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The USA market for Global Alternative Protein market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Alternative Protein market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Alternative Protein market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Based on their nutritional content and commercial value, soybean, pea and oat have emerged as the dominant plant sources. Still, technology is key to improving protein flavor and creating new food and beverage products, or enabling them to be added to existing products.Alternative proteins will play a crucial role in meeting global protein demands and represents a lucrative opportunity for a variety of players to address unmet needs in this space.

This report aims to provide a comprehensive presentation of the global market for Alternative Protein, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alternative Protein. This report contains market size and forecasts of Alternative Protein in global, including the following market information:

  • Global Alternative Protein Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Alternative Protein Market Sales, 2018-2023, 2024-2030, (K MT)
  • Global top five Alternative Protein companies in 2022 (%)

We surveyed the Alternative Protein manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Alternative Protein Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Alternative Protein Market Segment Percentages, by Type, 2022 (%)

  • Soybeans
  • Pea
  • Oat
  • Others

Global Alternative Protein Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Alternative Protein Market Segment Percentages, by Application, 2022 (%)

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Retail
  • Others

Global Alternative Protein Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Alternative Protein Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Alternative Protein revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Alternative Protein revenues share in global market, 2022 (%)
  • Key companies Alternative Protein sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Alternative Protein sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Maple Leaf
  • Nestle
  • Campbell Soup
  • Archer Daniels Midland
  • Cargill
  • CHS
  • DowDuPont
  • Kerry
  • Nisshin Oillio
  • Roquette Freres
  • Ruchi Soya Industries
  • Wilmar

Outline of the Chapter:

  • Chapter 1: Introduces the definition of Alternative Protein, market overview.
  • Chapter 2: Global Alternative Protein market size in revenue and volume.
  • Chapter 3: Detailed analysis of Alternative Protein manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Alternative Protein in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Alternative Protein capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.

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Alternative Protein Market, Global Outlook and Forecast 2023-2030 (2024)
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