Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Alternative Protein Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Alternative Protein Industry in 2024 and 2025?
The alternative protein market size has grown rapidly in recent years. It will grow from $85.65 billion in 2024 to $101.35 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. 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.
What Is the Projected Market Size of the Alternative Protein Market in 2029?
The Alternative Protein Global Market Report 2025 predicts that by 2029, the market size of alternative proteins will reach $185.49 billion. The market is expected to grow at a compound annual growth rate (CAGR) of 16.3%
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What Are the Key Drivers of Alternative Protein Market Growth?
The key drivers in the alternative protein market are:
• Rising demand for plant-based proteins
• Use of plant proteins as substitutes for animal-based proteins
• Benefits of plant proteins including lower saturated fat and high fiber content
• Reduced environmental impact and ethical considerations of plant-based proteins
What Are the Primary Segmentation Categories in the Alternative Protein Market?
The alternative proteinmarket covered in this report is segmented –
1) By Source: Plant-Based, Insect-Based, Microbial-Based, Other Sources
2) By Form: Dry, Liquid
3) By Application: Food And Beverage, Cattle, Aquaculture, Animal Feed, Pet Food, Equine, Other Applications
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What Are the Major Trends Shaping the Alternative Protein Market in 2025 and Beyond?
The key trends in the alternative protein market are:
• Plant-based meat development is a key emerging trend in the alternative protein market.
• The innovation in product lines aimed at gourmet chefs and the food service industry is increasing.
• The utilization of unique methods like extrusion cooking for creating plant-based proteins exemplifies technological innovation.
• The adoption of sustainable production models, such as the use of small-scale micro factories servicing local markets, is becoming more prevalent.
Who Are the Emerging Players in the Alternative Protein Market?
Major players 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.
Which Regions Are Leading the Growth in the Global Alternative Protein Market?
North America was the largest region in the alternative protein market in 2024
