Textured Vegetable Protein Market Report 2023

Textured Vegetable Protein Global Market Report 2024 – By Product Type( Textured Soy Protein, Textured Wheat Protein, Textured Pea Protein, Other Product Types), By Nature( Organic, Conventional), By Application( Food Products, Animal Nutrition/Pet Food) – Market Size, Trends, And Global Forecast 2024-2033

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Textured Vegetable Protein Market Definition And Segments

Textured vegetable protein is a soybean-derived synthetic protein used to make burger patties, frankfurters, and others to provide the right quality, texture, binding power, and proper chewiness to firm up the product. The textured vegetable protein is used as a high-protein, low-cost, and functional dietary component to replace meat products or as a meat substitute.

The main product types of textured vegetable protein are textured soy protein, textured wheat protein, textured pea protein, and other product types which may be organic and conventional. The textured soy proteins are used as a meat analogue or meat extender. Textured Vegetable (Soy) Protein refers to a meat substitute made from defatted soy flour, a by-product of the soybean oil manufacturing process. The textured vegetable protein is used as food products and animal nutrition/pet food.

The textured vegetable protein market covered in this report is segmented –

1) By Product Type: Textured Soy Protein, Textured Wheat Protein, Textured Pea Protein, Other Product Types

2) By Nature: Organic, Conventional

3) By Application: Food Products, Animal Nutrition/Pet Food

The textured vegetable protein market size has grown strongly in recent years. It will grow from $1.78 billion in 2023 to $1.91 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to globalization of dietary trends, retail and foodservice adoption, shift in consumer preferences, food security, cost-effectiveness.

The textured vegetable protein market size is expected to see exponential growth in the next few years. It will grow to $10.65 billion in 2028 at a compound annual growth rate (CAGR) of 53.8%. The growth in the forecast period can be attributed to diverse product offerings, nutritional value emphasis, allergen-free and gluten-free attributes, culinary adaptability, expanded market presence. Major trends in the forecast period include product innovations, health and wellness trends, sustainability concerns, technological advancements in food processing, clean label movement.

Plant-Based Ingredients Drive Growth Of Textured Vegetable Protein Market

The growing demand for plant-based ingredients is expected to propel the growth of the textured vegetable protein market going forward. Plant-based ingredients are extracted from plant roots and other parts, including fruits, vegetables, rice, wheat, maize, pulses, and other food crops. The demand for plant-based ingredients is rising due to health consciousness among people and increased concern for animal welfare. Textured vegetable proteins are derived from plants as an alternative to meat products. For instance, in 2021, according to the Plant Based Foods Association, a US-based non-profit organization, the market value of plant-based foods in the U.S. reached a new peak at $7.4 billion, experiencing 6.2% growth compared to 2020. Therefore, the growing demand for plant-based ingredients is driving the growth of the textured vegetable protein market.

The Growing Vegan Population Fuels The Demand For Textured Vegetable Protein

The rise in the vegan population is expected to propel the growth of the textured vegetable protein market going forward. The vegan population refers to individuals who embrace a vegan lifestyle, characterized by the avoidance of both animal products and by-products in their diet and daily choices. Textured vegetable protein plays a crucial role in the diets of the vegan population as a versatile and protein-rich meat substitute, providing a sustainable and plant-based alternative for meeting nutritional needs. For instance, in January 2023, according to the U.S. Department of Agriculture's Foreign Agricultural Service, a US-based government agency, Germany had the highest rate of vegetarianism, and in 2022, over 1.5 million vegans were living there, 1.58 million people claimed to be vegans, and nearly 8 million people consumed vegetarian food. Whereas 10 years ago, 0.1 million individuals were identified as vegans. Therefore, the rise in the vegan population is driving the growth of the textured vegetable protein market.

Major companies operating in the textured vegetable protein market report are Archer Daniels Midland Company, Cargill Incorporated, DuPont de Nemours Inc., Roquette Freres SA, Shandong Yuxin Biotechnology Co. Ltd., Axiom Foods Inc., Kansas Protein Foods LLC, Foodchem International Corporation, Dacsa Group, Victoria Group A.D., Crown Soya Protein Group, Wilmar International Ltd., Fuji Oil Co. Ltd., Vestkron A/S, Ingredion Inc., Tereos Syral, Agridient B.V., Beneo GmbH, CerealVeneta S.r.l., CHS Inc., Cosucra Groupe Warcoing SA, Devansoy Inc., Emsland Group, Gushen Biological Technology Group Co. Ltd., Harvest Innovations LLC, World Food Processing, Kerry Group PLC, MGP Ingredients Inc., Nutri Pea Ltd., Puris Proteins LLC

Product Innovation Drives Development Of Textured Potato Protein As Meat Alternative

Product innovation is a key trend in the textured vegetable protein market. Major companies operating in the plant-based ingredients market focus on developing innovative products to provide alternatives to textured vegetable protein. For instance, in February 2022, KMC, a Denmark-based ingredients company, launched the first textured potato protein powder to be utilized as an alternative to meat. The powder form is transformed into a textured ingredient with a meat-like structure, high nutritional value, and a frying crust.

Innovation In The Textured Vegetable Protein Market

Major companies operating in the textured vegetable protein market are increasing their focus on introducing innovative plant-based proteins, such as Vertis Textured Pea Canola Protein, to gain a competitive edge in the market. Vertis Textured Pea Canola Protein is an innovative plant-based protein solution offering high-quality nutritional benefits to address the increasing demand for alternative protein sources in various food applications. For instance, in December 2022, DSM, a Netherlands-based chemical company, launched the world's first textured vegetable protein (TVP) that contains all nine essential amino acids needed to be a complete protein, the Vertis Textured Pea Canola Protein. This innovative product is soy-free, gluten-free, and dairy-free, making it a versatile and nutritionally appealing option for meat alternatives and plant-forward applications. Its design supports formulations with low fat and salt concentrations, has good processing capabilities, and requires a short hydration time, making it a suitable option for large-scale production.

Adm Expands Protein Ingredients Portfolio With Sojaprotein Acquisition

In November 2021, Archer Daniels Midland Company, a US-based food processing company, acquired Sojaprotein for an undisclosed amount. The acquisition aims to strengthen Archer Daniels Midland's production capability in the protein ingredients space and gain a strong foothold in Europe. Sojaprotein is a Serbia-based manufacturer of non-GMO vegetable protein ingredients, including soy concentrates.

North America was the largest region in the textured vegetable protein market in 2023. The regions covered in the textured vegetable protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the textured vegetable protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The textured vegetable protein market consists of sales of chunks, flakes, slices and granules. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The textured vegetable protein market research report is one of a series of new reports from The Business Research Company that provides textured vegetable protein market statistics, including textured vegetable protein industry global market size, regional shares, competitors with a textured vegetable protein market share, detailed textured vegetable protein market segments, market trends and opportunities, and any further data you may need to thrive in the textured vegetable protein industry. This textured vegetable protein market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Textured Vegetable Protein Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $1.91 billion
Revenue Forecast In 2033 $10.65 billion
Growth Rate CAGR of 53.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Type: Textured Soy Protein, Textured Wheat Protein, Textured Pea Protein, Other Product Types
2) By Nature: Organic, Conventional
3) By Application: Food Products, Animal Nutrition/Pet Food
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Archer Daniels Midland Company; Cargill Incorporated; DuPont de Nemours Inc.; Roquette Freres SA; Shandong Yuxin Biotechnology Co. Ltd; Axiom Foods Inc.; Kansas Protein Foods LLC; Foodchem International Corporation; Dacsa Group; Victoria Group A.D.; Crown Soya Protein Group; Wilmar International Ltd; Fuji Oil Co. Ltd; Vestkron A/S; Ingredion Inc; Tereos Syral; Agridient B.V.; Beneo GmbH; CerealVeneta S.r.l.; CHS Inc.; Cosucra Groupe Warcoing SA; Devansoy Inc.; Emsland Group; Gushen Biological Technology Group Co. Ltd.; Harvest Innovations LLC; World Food Processing; Kerry Group PLC; MGP Ingredients Inc.; Nutri Pea Ltd.; Puris Proteins LLC
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    Table Of Contents

    1. Executive Summary

    2. Textured Vegetable Protein Market Characteristics

    3. Textured Vegetable Protein Market Trends And Strategies

    4. Textured Vegetable Protein Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Textured Vegetable Protein Market Size and Growth

    5.1. Global Textured Vegetable Protein Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Textured Vegetable Protein Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Textured Vegetable Protein Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Textured Vegetable Protein Market Segmentation

    6.1. Global Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Textured Soy Protein

    Textured Wheat Protein

    Textured Pea Protein

    Other Product Types

    6.2. Global Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Organic

    Conventional

    6.3. Global Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Food Products

    Animal Nutrition/Pet Food

    7. Textured Vegetable Protein Market Regional And Country Analysis

    7.1. Global Textured Vegetable Protein Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Textured Vegetable Protein Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Textured Vegetable Protein Market  

    8.1. Asia-Pacific Textured Vegetable Protein Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Textured Vegetable Protein Market  

    9.1. China Textured Vegetable Protein Market Overview  

    9.2. China Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Textured Vegetable Protein Market  

    10.1. India Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Textured Vegetable Protein Market  

    11.1. Japan Textured Vegetable Protein Market Overview  

    11.2. Japan Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Textured Vegetable Protein Market  

    12.1. Australia Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Textured Vegetable Protein Market  

    13.1. Indonesia Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Textured Vegetable Protein Market  

    14.1. South Korea Textured Vegetable Protein Market Overview  

    14.2. South Korea Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Textured Vegetable Protein Market  

    15.1. Western Europe Textured Vegetable Protein Market Overview

    15.2. Western Europe Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Textured Vegetable Protein Market  

    16.1. UK Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Textured Vegetable Protein Market  

    17.1. Germany Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Textured Vegetable Protein Market  

    18.5. France Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Textured Vegetable Protein Market  

    19.9. Italy Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Textured Vegetable Protein Market  

    20.13. Spain Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Textured Vegetable Protein Market  

    21.1. Eastern Europe Textured Vegetable Protein Market Overview

    21.2. Eastern Europe Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Textured Vegetable Protein Market  

    22.1. Russia Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Textured Vegetable Protein Market  

    23.1. North America Textured Vegetable Protein Market Overview

    23.2. North America Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Textured Vegetable Protein Market  

    24.1. USA Textured Vegetable Protein Market Overview

    24.2. USA Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Textured Vegetable Protein Market  

    25.1. Canada Textured Vegetable Protein Market Overview

    25.2. Canada Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Textured Vegetable Protein Market  

    26.1. South America Textured Vegetable Protein Market Overview

    26.2. South America Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Textured Vegetable Protein Market  

    27.1. Brazil Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Textured Vegetable Protein Market  

    28.1. Middle East Textured Vegetable Protein Market Overview

    28.2. Middle East Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Textured Vegetable Protein Market  

    29.1. Africa Textured Vegetable Protein Market Overview

    29.2. Africa Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Textured Vegetable Protein Market Competitive Landscape And Company Profiles

    30.1. Textured Vegetable Protein Market Competitive Landscape

    30.2. Textured Vegetable Protein Market Company Profiles

    30.2.1. Archer Daniels Midland Company

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Cargill Incorporated

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. DuPont de Nemours Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Roquette Freres SA

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Shandong Yuxin Biotechnology Co. Ltd

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Textured Vegetable Protein Market Competitive Benchmarking

    32. Global Textured Vegetable Protein Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Textured Vegetable Protein Market

    34. Textured Vegetable Protein Market Future Outlook and Potential Analysis

    34.1 Textured Vegetable Protein Market In 2028 - Countries Offering Most New Opportunities

    34.2 Textured Vegetable Protein Market In 2028 - Segments Offering Most New Opportunities

    34.3 Textured Vegetable Protein Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Textured Vegetable Protein Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Textured Vegetable Protein Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Archer Daniels Midland Company Financial Performance
  • Table 75: Cargill Incorporated Financial Performance
  • Table 76: DuPont de Nemours Inc. Financial Performance
  • Table 77: Roquette Freres SA Financial Performance
  • Table 78: Shandong Yuxin Biotechnology Co. Ltd Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Textured Vegetable Protein Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Textured Vegetable Protein Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Textured Vegetable Protein Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Textured Vegetable Protein Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Textured Vegetable Protein Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Archer Daniels Midland Company Financial Performance
  • Figure 75: Cargill Incorporated Financial Performance
  • Figure 76: DuPont de Nemours Inc. Financial Performance
  • Figure 77: Roquette Freres SA Financial Performance
  • Figure 78: Shandong Yuxin Biotechnology Co. Ltd Financial Performance
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Frequently Asked Questions

What is the definition of the textured vegetable protein market?

Textured vegetable protein is a soybean-derived synthetic protein used to make burger patties, frankfurters, and others to provide the right quality, texture, binding power, and proper chewiness to firm up the product. The textured vegetable protein is used as a high-protein, low-cost, and functional dietary component to replace meat products or as a meat substitute. For further insights on the textured vegetable protein market, request a sample here

How will the textured vegetable protein market drivers and restraints affect the textured vegetable protein market dynamics? What forces will shape the textured vegetable protein industry going forward?

The textured vegetable protein market major growth driver - plant-based ingredients drive growth of textured vegetable protein market. For further insights on the textured vegetable protein market, request a sample here

What is the forecast market size or the forecast market value of the textured vegetable protein market ?

The textured vegetable protein market size has grown strongly in recent years. It will grow from $1.78 billion in 2023 to $1.91 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to globalization of dietary trends, retail and foodservice adoption, shift in consumer preferences, food security, cost-effectiveness. The textured vegetable protein market size is expected to see exponential growth in the next few years. It will grow to $10.65 billion in 2028 at a compound annual growth rate (CAGR) of 53.8%. The growth in the forecast period can be attributed to diverse product offerings, nutritional value emphasis, allergen-free and gluten-free attributes, culinary adaptability, expanded market presence. Major trends in the forecast period include product innovations, health and wellness trends, sustainability concerns, technological advancements in food processing, clean label movement. For further insights on the textured vegetable protein market, request a sample here

How is the textured vegetable protein market segmented?

The textured vegetable protein market is segmentedThe textured vegetable protein market covered in this report is segmented –
1) By Product Type: Textured Soy Protein, Textured Wheat Protein, Textured Pea Protein, Other Product Types
2) By Nature: Organic, Conventional
3) By Application: Food Products, Animal Nutrition/Pet FoodFor further insights on the textured vegetable protein market, request a sample here

Which region has the largest share of the textured vegetable protein market? What are the other regions covered in the report?

North America was the largest region in the textured vegetable protein market in 2023. The regions covered in the textured vegetable protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the textured vegetable protein market, request a sample here.

Who are the major players in the textured vegetable protein market?

Major companies operating in the textured vegetable protein market report are Archer Daniels Midland Company, Cargill Incorporated, DuPont de Nemours Inc., Roquette Freres SA, Shandong Yuxin Biotechnology Co. Ltd, Axiom Foods Inc., Kansas Protein Foods LLC, Foodchem International Corporation, Dacsa Group, Victoria Group A.D., Crown Soya Protein Group, Wilmar International Ltd, Fuji Oil Co. Ltd, Vestkron A/S, Ingredion Inc, Tereos Syral, Agridient B.V., Beneo GmbH, CerealVeneta S.r.l., CHS Inc., Cosucra Groupe Warcoing SA, Devansoy Inc., Emsland Group, Gushen Biological Technology Group Co. Ltd., Harvest Innovations LLC, World Food Processing, Kerry Group plc, MGP Ingredients Inc., Nutri Pea Ltd., Puris Proteins LLC For further insights on the textured vegetable protein market, request a sample here.

What are the key trends in the textured vegetable protein market?

Major trend in the textured vegetable protein market - product innovation drives development of textured potato protein as meat alternative. For further insights on the textured vegetable protein market, request a sample here.

What are the major opportunities in the textured vegetable protein market? What are the strategies for the textured vegetable protein market?

For detailed insights on the major opportunities and strategies in the textured vegetable protein market, request a sample here.

How does the textured vegetable protein market relate to the overall economy and other similar markets?

For detailed insights on textured vegetable protein market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the textured vegetable protein industry?

For detailed insights on the mergers and acquisitions in the textured vegetable protein industry, request a sample here.

What are the key dynamics influencing the textured vegetable protein market growth? SWOT analysis of the textured vegetable protein market.

For detailed insights on the key dynamics influencing the textured vegetable protein market growth and SWOT analysis of the textured vegetable protein industry, request a sample here.