Protein Alternatives Market by Source (Plant Protein, Microbial Protein, Insect Protein), Application (Food & Beverages, Animal Feed, Pet Food), Form, Nature, Production Process (Qualitative), & Region - Global Forecast to 2029
The global market for protein alternatives is estimated to be valued at USD 15.7 billion in 2024 and is projected to reach USD 25.2 billion by 2029, at a CAGR of 9.9% during the forecast period. The increasing demand for protein alternatives is driven by several key factors, particularly the growing consumer preference for natural and clean-label ingredients in food and beverages. As health becomes a top priority, there is a rising desire for products perceived as natural and nutritious. Protein alternatives derived from plants like soy, peas, and lentils fit perfectly with this trend. These plant-based proteins not only serve as natural additives but also offer functional benefits, making them appealing for use in a wide variety of food and beverage products.
Additionally, there is a heightened awareness and adoption of plant-based diets, emphasizing the importance of protein-rich plant sources. Plant-based protein diets are known for their numerous health benefits, including better weight management, improved digestive health, and a reduced risk of chronic diseases such as heart disease and diabetes. Plant-based proteins from legumes, nuts, and seeds meet these dietary needs while offering sustainable and ethical alternatives to animal-based proteins, further driving their popularity in the market.
In May 2023, ADM (US) and Air Protein Inc (US) entered into a Strategic Development Agreement (SDA) to collaborate on developing new protein sources for nutrition. Air Protein specializes in producing protein from the air without the need for traditional agriculture, reducing supply chain risks. This partnership leverages ADM's expertise in nutrition, formulation, and research with Air Protein's innovative landless agriculture platform to scale up cost-effective protein ingredients for meat substitutes. The agreement includes plans to build and operate the world's first commercial-scale Air Protein plant. ADM's investment in Air Protein and other partners has advanced the development of Air Protein's technology, including its Bay Area Air Farm. This agreement highlights the companies' commitment to sustainable food systems and meeting the protein demand of a growing global population.
“The conventional segment is projected to dominate the market in the nature segment during the forecast period.”
The market for protein alternatives is witnessing substantial growth as more consumers transition from animal-based proteins to plant-based options. This trend has significantly increased the demand for alternative protein products. Conventional crops, due to the use of fertilizers, pesticides, and synthetic chemicals in their cultivation, generally exhibit higher protein levels compared to organic crops. Thus, conventional plant-based proteins are well-positioned to meet this rising demand.
Health concerns and allergies associated with soy and wheat have led manufacturers to innovate. In January 2022, NuCicer, a US-based company, introduced a line of chickpea protein products as a more sustainable and cost-effective alternative. This high-protein, gluten-free products are intended to serve as viable substitutes for traditional protein sources such as soy, wheat, and peas. As demand for alternative proteins grows, companies are increasingly investing in research and development to broaden their product portfolios and address consumer preferences. In addition to chickpeas, other novel sources like hemp, algae, and quinoa are gaining popularity for their nutritional and sustainable qualities.
Technological advancements in food production are enhancing the taste, texture, and functionality of alternative protein products, further driving consumer acceptance and market expansion. With continuous innovation and growth in the protein alternatives sector, the future promises significant opportunities for both consumers and manufacturers.
“The dry sub-segment in the form of the segment is estimated to grow at a significant CAGR during the forecast period.”
The dry form of protein alternatives is experiencing substantial growth, marked by a significant compound annual growth rate (CAGR) during the forecasted period. This surge is driven by increasing consumer demand for sustainable and plant-based protein sources, coupled with advancements in food technology that enhance the taste, texture, and nutritional profile of these products. The versatility and convenience of dry protein alternatives, such as powders and flakes, make them ideal for incorporation into a wide range of food products, including snacks, baked goods, and meal replacements. Additionally, the growing awareness of health and wellness trends, alongside environmental concerns associated with traditional animal-based proteins, further propels the market. As a result, manufacturers are increasingly investing in research and development to innovate and expand their product offerings, thereby fueling the continued growth and adoption of dry protein alternatives globally.
“Europe has consistently held a substantial market share within the protein alternatives sector during the period studied.”
The European region is at the forefront of the booming protein alternatives market, showcasing impressive growth and shifting consumer preferences. As health consciousness, environmental sustainability, and ethical considerations gain traction, European consumers are increasingly opting for plant-based protein alternatives over traditional animal-derived sources. This dietary shift is driven by growing awareness of the health benefits of plant-based diets, such as reduced risk of chronic diseases and improved environmental sustainability. Consequently, the protein alternatives market in Europe has experienced significant expansion, with a wide array of innovative products emerging to meet diverse consumer needs and preferences.
Additionally, the rising trend of adopting plant-based proteins extends to animal feed. With increasing concerns about the environmental impact and ethical implications of livestock farming, there is a growing demand for sustainable alternatives in animal agriculture. Plant protein-based animal feed presents a viable solution, offering a nutritious and eco-friendly substitute for conventional animal-derived feed ingredients. This trend is further supported by regulatory initiatives aimed at promoting sustainable agriculture and minimizing the ecological footprint of livestock production. As a result, the European market for plant-based animal feed is witnessing steady growth, creating lucrative opportunities for stakeholders across the agricultural value chain.
In January 2024, Roquette Fr?res (France) expanded its NUTRALYS plant protein portfolio by introducing four new pea protein ingredients, including isolates, hydrolysates, and textured variants. These multifunctional pea proteins are designed to address formulation challenges in plant-based foods and high-protein nutritional products, paving the way for innovation in applications such as nutritional bars, protein drinks, and plant-based meat and dairy alternatives. This innovation is set to drive further growth and diversification in the protein alternatives market, enabling the development of more varied and appealing plant-based options for consumers.
The break-up of the profile of primary participants in the protein alternatives market:
Other players include BENEO GmbH (Germany), SOTEXPRO (France), Shandong Jianyuan group (China), AMCO Proteins (US), Emsland Group (Germany), COSUCRA (Belgium), Australian Plant Proteins Pty Ltd (Australia), PURIS (US), Mycorena (Sweden), CEAMSA (Spain), nextProtein (France), Hexafly (Ireland).
Research Coverage:
This research report categorizes the protein alternatives market by Source (plant protein, microbial protein, insect protein), by Form (dry, liquid), by Nature (conventional, organic), by application (food & beverages, animal feed, pet food) and by region (North America, Europe, Asia Pacific, South America, RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the protein alternatives market. A detailed analysis of the key industry players has been done to provide insights into their business overview, services, key strategies, contracts, partnerships, and agreements. New service launches, mergers and acquisitions, and recent developments associated with the protein alternatives market. Competitive analysis of upcoming startups in the protein alternatives market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall protein alternatives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Additionally, there is a heightened awareness and adoption of plant-based diets, emphasizing the importance of protein-rich plant sources. Plant-based protein diets are known for their numerous health benefits, including better weight management, improved digestive health, and a reduced risk of chronic diseases such as heart disease and diabetes. Plant-based proteins from legumes, nuts, and seeds meet these dietary needs while offering sustainable and ethical alternatives to animal-based proteins, further driving their popularity in the market.
In May 2023, ADM (US) and Air Protein Inc (US) entered into a Strategic Development Agreement (SDA) to collaborate on developing new protein sources for nutrition. Air Protein specializes in producing protein from the air without the need for traditional agriculture, reducing supply chain risks. This partnership leverages ADM's expertise in nutrition, formulation, and research with Air Protein's innovative landless agriculture platform to scale up cost-effective protein ingredients for meat substitutes. The agreement includes plans to build and operate the world's first commercial-scale Air Protein plant. ADM's investment in Air Protein and other partners has advanced the development of Air Protein's technology, including its Bay Area Air Farm. This agreement highlights the companies' commitment to sustainable food systems and meeting the protein demand of a growing global population.
“The conventional segment is projected to dominate the market in the nature segment during the forecast period.”
The market for protein alternatives is witnessing substantial growth as more consumers transition from animal-based proteins to plant-based options. This trend has significantly increased the demand for alternative protein products. Conventional crops, due to the use of fertilizers, pesticides, and synthetic chemicals in their cultivation, generally exhibit higher protein levels compared to organic crops. Thus, conventional plant-based proteins are well-positioned to meet this rising demand.
Health concerns and allergies associated with soy and wheat have led manufacturers to innovate. In January 2022, NuCicer, a US-based company, introduced a line of chickpea protein products as a more sustainable and cost-effective alternative. This high-protein, gluten-free products are intended to serve as viable substitutes for traditional protein sources such as soy, wheat, and peas. As demand for alternative proteins grows, companies are increasingly investing in research and development to broaden their product portfolios and address consumer preferences. In addition to chickpeas, other novel sources like hemp, algae, and quinoa are gaining popularity for their nutritional and sustainable qualities.
Technological advancements in food production are enhancing the taste, texture, and functionality of alternative protein products, further driving consumer acceptance and market expansion. With continuous innovation and growth in the protein alternatives sector, the future promises significant opportunities for both consumers and manufacturers.
“The dry sub-segment in the form of the segment is estimated to grow at a significant CAGR during the forecast period.”
The dry form of protein alternatives is experiencing substantial growth, marked by a significant compound annual growth rate (CAGR) during the forecasted period. This surge is driven by increasing consumer demand for sustainable and plant-based protein sources, coupled with advancements in food technology that enhance the taste, texture, and nutritional profile of these products. The versatility and convenience of dry protein alternatives, such as powders and flakes, make them ideal for incorporation into a wide range of food products, including snacks, baked goods, and meal replacements. Additionally, the growing awareness of health and wellness trends, alongside environmental concerns associated with traditional animal-based proteins, further propels the market. As a result, manufacturers are increasingly investing in research and development to innovate and expand their product offerings, thereby fueling the continued growth and adoption of dry protein alternatives globally.
“Europe has consistently held a substantial market share within the protein alternatives sector during the period studied.”
The European region is at the forefront of the booming protein alternatives market, showcasing impressive growth and shifting consumer preferences. As health consciousness, environmental sustainability, and ethical considerations gain traction, European consumers are increasingly opting for plant-based protein alternatives over traditional animal-derived sources. This dietary shift is driven by growing awareness of the health benefits of plant-based diets, such as reduced risk of chronic diseases and improved environmental sustainability. Consequently, the protein alternatives market in Europe has experienced significant expansion, with a wide array of innovative products emerging to meet diverse consumer needs and preferences.
Additionally, the rising trend of adopting plant-based proteins extends to animal feed. With increasing concerns about the environmental impact and ethical implications of livestock farming, there is a growing demand for sustainable alternatives in animal agriculture. Plant protein-based animal feed presents a viable solution, offering a nutritious and eco-friendly substitute for conventional animal-derived feed ingredients. This trend is further supported by regulatory initiatives aimed at promoting sustainable agriculture and minimizing the ecological footprint of livestock production. As a result, the European market for plant-based animal feed is witnessing steady growth, creating lucrative opportunities for stakeholders across the agricultural value chain.
In January 2024, Roquette Fr?res (France) expanded its NUTRALYS plant protein portfolio by introducing four new pea protein ingredients, including isolates, hydrolysates, and textured variants. These multifunctional pea proteins are designed to address formulation challenges in plant-based foods and high-protein nutritional products, paving the way for innovation in applications such as nutritional bars, protein drinks, and plant-based meat and dairy alternatives. This innovation is set to drive further growth and diversification in the protein alternatives market, enabling the development of more varied and appealing plant-based options for consumers.
The break-up of the profile of primary participants in the protein alternatives market:
- By Company Type: Tier 1 – 25%, Tier 2 – 45%, and Tier 3 – 30%
- By Designation: CXO’s – 20%, Managers – 50%, Executives- 30%
- By Region: North America – 25%, Europe – 20%, Asia Pacific – 30%, South America – 15% and Rest of the World –10%
Other players include BENEO GmbH (Germany), SOTEXPRO (France), Shandong Jianyuan group (China), AMCO Proteins (US), Emsland Group (Germany), COSUCRA (Belgium), Australian Plant Proteins Pty Ltd (Australia), PURIS (US), Mycorena (Sweden), CEAMSA (Spain), nextProtein (France), Hexafly (Ireland).
Research Coverage:
This research report categorizes the protein alternatives market by Source (plant protein, microbial protein, insect protein), by Form (dry, liquid), by Nature (conventional, organic), by application (food & beverages, animal feed, pet food) and by region (North America, Europe, Asia Pacific, South America, RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the protein alternatives market. A detailed analysis of the key industry players has been done to provide insights into their business overview, services, key strategies, contracts, partnerships, and agreements. New service launches, mergers and acquisitions, and recent developments associated with the protein alternatives market. Competitive analysis of upcoming startups in the protein alternatives market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall protein alternatives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Growing interest in health-centric food and beverages), restraints (Possibilities of nutritional & vitamin deficiencies among vegans), opportunities (Effective marketing strategies and correct positioning of plant-based proteins), and challenges (Concerns regarding taste and texture of plant-based protein) influencing the growth of the plant-based protein market.
- New product launch/Innovation: Detailed insights on research & development activities and new product launches in the protein alternatives market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the protein alternatives market across varied regions.
- Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the protein alternatives market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like ADM (US), Cargill, Incorporated (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Roquette Fr?res (France) and others in the protein alternatives market strategies.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONS COVERED
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2020–2023
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 PROTEIN ALTERNATIVES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary profiles
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.3 Key insights
FIGURE 3 INSIGHTS FROM KEY INDUSTRY EXPERTS
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.2.2 SUPPLY-SIDE ANALYSIS
FIGURE 5 MARKET SIZE CALCULATION: SUPPLY SIDE
2.2.3 BOTTOM-UP APPROACH (DEMAND SIDE)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS AND RISK ASSESSMENT
2.6 RECESSION IMPACT ANALYSIS
2.6.1 MACROECONOMIC INDICATORS OF RECESSION
FIGURE 8 MACROECONOMIC INDICATORS OF RECESSION
FIGURE 9 GLOBAL INFLATION RATE, 2011–2022
FIGURE 10 GLOBAL GDP, 2011–2022 (USD TRILLION)
FIGURE 11 RECESSION INDICATORS AND THEIR IMPACT ON PROTEIN ALTERNATIVES MARKET
FIGURE 12 GLOBAL PROTEIN ALTERNATIVES MARKET: EARLIER FORECAST VS. RECESSION FORECAST
3 EXECUTIVE SUMMARY
TABLE 2 PROTEIN ALTERNATIVES: MARKET SHARE SNAPSHOT, 2024 VS. 2029 (USD MILLION)
FIGURE 13 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
FIGURE 14 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
FIGURE 15 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024 VS. 2029 (USD MILLION)
FIGURE 16 PROTEIN ALTERNATIVES MARKET, BY FORM, 2024 VS. 2029
FIGURE 17 PROTEIN ALTERNATIVES MARKET SHARE AND GROWTH RATE, BY REGION
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROTEIN ALTERNATIVES MARKET
FIGURE 18 NEW PRODUCT DEVELOPMENTS AND FACILITY EXPANSION TO DRIVE PROTEIN ALTERNATIVES MARKET
4.2 ASIA PACIFIC: PROTEIN ALTERNATIVES MARKET, BY APPLICATION AND COUNTRY
FIGURE 19 CHINA AND FOOD & BEVERAGES SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024
4.3 PROTEIN ALTERNATIVES MARKET, BY SOURCE
FIGURE 20 PLANT PROTEIN SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.4 PROTEIN ALTERNATIVES MARKET, BY FORM
FIGURE 21 DRY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.5 PROTEIN ALTERNATIVES MARKET, BY NATURE
FIGURE 22 CONVENTIONAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.6 PROTEIN ALTERNATIVES MARKET, BY APPLICATION
FIGURE 23 FOOD & BEVERAGES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.7 PROTEIN ALTERNATIVES MARKET, BY APPLICATION AND REGION
FIGURE 24 FOOD & BEVERAGES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.8 PROTEIN ALTERNATIVES MARKET: REGIONAL SNAPSHOT
FIGURE 25 US TO DOMINATE PROTEIN ALTERNATIVES MARKET IN 2024
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 GLOBAL PRODUCTION OF PEA CROPS AND GREEN PEAS AND BOOST IN INNOVATION
FIGURE 26 GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS, 2018–2022 (MILLION TONNES)
FIGURE 27 GLOBAL PEA PRODUCTION, BY COUNTRY, 2021 (MILLION TONNES)
5.2.2 INCREASE IN SOYBEAN PRODUCTION
FIGURE 28 SOYBEAN PRODUCTION, BY KEY COUNTRY, 2018–2023 (MILLION TONNES)
5.2.3 CONSUMER SHIFT TOWARD PROTEIN ALTERNATIVES
5.2.4 INCREASING COLLABORATIONS & INVESTMENTS IN R&D BETWEEN MARKET LEADERS AND STARTUPS
TABLE 3 LIST OF INVESTMENTS IN INSECT PROTEIN MARKET, 2019–2023 (USD MILLION)
5.3 MARKET DYNAMICS
FIGURE 29 PROTEIN ALTERNATIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Increase in interest in health-centric food and beverages
5.3.1.2 Growth in consumer preferences toward veganism
5.3.1.3 Rise in cases of lactose intolerance
TABLE 4 PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE, BY ETHNICITY
5.3.1.4 Increased preference for meat alternatives
5.3.1.5 Rise in lactose intolerance to boost use of wheat protein as dairy alternative
FIGURE 30 ESTIMATED PREVALENCE OF LACTOSE MALABSORPTION, BY COUNTRY, 2022
5.3.2 RESTRAINTS
5.3.2.1 Allergies associated with plant-based protein sources
5.3.2.2 Nutritional and vitamin deficiencies among vegans
5.3.2.3 Consumers’ unacceptance of insect-based proteins
5.3.3 OPPORTUNITIES
5.3.3.1 Focus on aquatic plants as new and emerging sources of protein
5.3.3.2 Effective marketing strategies and correct positioning of plant-based proteins
5.3.3.3 Lifestyle changes
5.3.3.4 Opportunities for food equipment manufacturers in insect rearing
5.3.4 CHALLENGES
5.3.4.1 Concerns over quality of food and beverages due to adulteration of GM ingredients
5.3.4.2 Economic constraints
5.3.4.3 Concerns related to taste and texture offered by plant-based protein
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 31 PROTEIN ALTERNATIVES MARKET: SUPPLY CHAIN ANALYSIS
6.3 VALUE CHAIN ANALYSIS
FIGURE 32 PROTEIN ALTERNATIVES MARKET: VALUE CHAIN ANALYSIS
6.3.1 RESEARCH & PRODUCT DEVELOPMENT
6.3.2 RAW MATERIAL SOURCING
6.3.3 PRODUCTION & PROCESSING
6.3.4 DISTRIBUTION
6.3.5 MARKETING & SALES
6.3.6 END USERS
6.4 TRADE ANALYSIS
6.4.1 IMPORT SCENARIO OF SOYBEANS
FIGURE 33 IMPORT OF SOYBEANS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 5 IMPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2019–2023 (USD)
6.4.2 EXPORT SCENARIO OF SOYBEANS
FIGURE 34 EXPORT OF SOYBEANS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 6 EXPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2019–2023 (USD)
6.4.3 IMPORT SCENARIO OF PEAS
FIGURE 35 IMPORT OF PEAS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 7 IMPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2019–2023 (USD)
6.4.4 EXPORT SCENARIO OF PEAS, BY KEY COUNTRY
FIGURE 36 EXPORT OF PEAS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 8 EXPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2019–2023 (USD)
6.4.5 IMPORT SCENARIO OF WHEAT & MESLIN
FIGURE 37 IMPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 9 IMPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2019–2023 (USD)
6.4.6 EXPORT SCENARIO OF WHEAT & MESLIN
FIGURE 38 EXPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 10 EXPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2019–2023 (USD)
6.4.7 IMPORT SCENARIO OF RICE
FIGURE 39 IMPORT OF RICE, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 11 IMPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2019–2023 (USD)
6.4.8 EXPORT SCENARIO OF RICE
FIGURE 40 EXPORT OF RICE, BY KEY COUNTRY, 2019–2023
TABLE 12 EXPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2019–2023 (USD)
6.4.9 IMPORT SCENARIO OF OATS
FIGURE 41 IMPORT OF OATS, BY KEY COUNTRY, 2019–2023
TABLE 13 IMPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2019–2023 (USD)
6.4.10 EXPORT SCENARIO OF OATS
FIGURE 42 EXPORT OF OATS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 14 EXPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2019–2023 (USD)
6.4.11 IMPORT SCENARIO OF MUSHROOMS
FIGURE 43 IMPORT OF MUSHROOMS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 15 IMPORT SCENARIO FOR HS CODE: 2003, BY COUNTRY, 2019–2023 (USD)
6.4.12 EXPORT SCENARIO OF MUSHROOMS
FIGURE 44 EXPORT OF MUSHROOMS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 16 EXPORT SCENARIO FOR HS CODE: 2003, BY COUNTRY, 2019–2023 (USD)
6.5 TECHNOLOGY ANALYSIS
6.5.1 KEY TECHNOLOGIES
6.5.1.1 Extrusion
6.5.1.2 Use of membrane technology to produce differentiated wheat proteins
6.5.2 COMPLEMENTARY TECHNOLOGIES
6.5.2.1 High-pressure Processing (HPP)
6.5.2.2 U-Loop
6.5.3 ADJACENT TECHNOLOGIES
6.5.3.1 Wet processing method for producing dairy alternative milk
6.6 PRICING ANALYSIS
6.6.1 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY SOURCE
FIGURE 45 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE, 2023 (USD/KG)
TABLE 17 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE, 2023 (USD/KG)
6.6.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 46 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/KG)
TABLE 18 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/KG)
6.6.3 AVERAGE SELLING PRICE TREND, BY SOURCE
FIGURE 47 AVERAGE SELLING PRICE TREND, BY SOURCE, 2020–2023 (USD/KG)
TABLE 19 AVERAGE SELLING PRICE TREND, BY SOURCE, 2020–2023 (USD/KG)
6.7 ECOSYSTEM
6.7.1 DEMAND SIDE
6.7.2 SUPPLY SIDE
FIGURE 48 KEY PLAYERS IN PROTEIN ALTERNATIVES MARKET
TABLE 20 PROTEIN ALTERNATIVES MARKET: ECOSYSTEM
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 49 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
6.9 PATENT ANALYSIS
TABLE 21 LIST OF MAJOR PATENTS PERTAINING TO MARKET, 2014–2024
FIGURE 50 NUMBER OF PATENTS GRANTED FOR PROTEIN ALTERNATIVES, 2014–2024
FIGURE 51 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PROTEIN ALTERNATIVES
6.10 KEY CONFERENCES & EVENTS
TABLE 22 PROTEIN ALTERNATIVES MARKET: LIST OF KEY CONFERENCES & EVENTS, 2024–2025
6.11 TARIFF AND REGULATORY LANDSCAPE
6.11.1 TARIFF DATA FOR SOY
TABLE 23 TARIFF FOR HS CODE: 120190
6.11.2 TARIFF DATA FOR PEAS
TABLE 24 TARIFF FOR HS CODE: 071310
6.11.3 REGULATORY BODIES, AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 28 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.11.4 REGULATORY FRAMEWORK
6.11.4.1 North America
6.11.4.1.1 US
6.11.4.2 Feed Application
6.11.4.3 Food Application
6.11.4.3.1 Canada
6.11.4.4 Europe
6.11.4.5 Asia Pacific
6.12 PORTER’S FIVE FORCES ANALYSIS
TABLE 30 PORTER’S FIVE FORCES ANALYSIS
FIGURE 52 PORTER’S FIVE FORCES ANALYSIS
6.12.1 THREAT OF NEW ENTRANTS
6.12.2 THREAT OF SUBSTITUTES
6.12.3 BARGAINING POWER OF SUPPLIERS
6.12.4 BARGAINING POWER OF BUYERS
6.12.5 INTENSITY OF COMPETITIVE RIVALRY
6.13 KEY STAKEHOLDERS & BUYING CRITERIA
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 53 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
TABLE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
6.13.2 BUYING CRITERIA
TABLE 32 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
FIGURE 54 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
6.14 CASE STUDY ANALYSIS
6.14.1 BLUE DIAMOND GROWERS PARTNERED WITH GROUP LALA TO ESTABLISH NETWORK IN MEXICO
6.14.2 KERRY GROUP PLC REVOLUTIONIZED PLANT-BASED PRODUCTS IN ASIA PACIFIC MARKET
6.14.3 ADM OFFERED NEW PLANT-BASED PROTEINS TO MEET GROWING CONSUMER DEMAND
6.14.4 GLANBIA LAUNCHED ITS GRAIN PORTFOLIO TO ADDRESS CONSUMERS’ RISING HEALTH CONCERNS
6.14.5 MGP INGREDIENTS USED WHEAT PROTEIN ISOLATE TO IMPROVE DOUGH STRENGTH AND FREEZER STABILITY
TABLE 33 IMPROVED DOUGH POROSITY AND EXTENSIBILITY FOR LONGER PERIOD
6.15 INVESTMENT AND FUNDING SCENARIO
FIGURE 55 GLOBAL ALTERNATIVE PROTEIN INVESTMENT TREND, 2018–2022
7 PROTEIN ALTERNATIVES MARKET, BY SOURCE
7.1 INTRODUCTION
FIGURE 56 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
TABLE 34 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 35 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 36 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (KT)
TABLE 37 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (KT)
7.2 PLANT PROTEIN
7.2.1 DIVERSE ARRAY OF PLANT PROTEIN SOURCES WITH SUBSTANTIAL INCREASE IN NEWER SOURCES
TABLE 38 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 39 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 40 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 41 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 42 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 43 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
TABLE 44 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 45 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.2 SOY
TABLE 46 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 47 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 48 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 49 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.3 WHEAT
TABLE 50 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 51 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 52 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 53 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.4 PEAS
TABLE 54 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 55 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 56 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 57 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.5 CANOLA, RICE, OATS, AND POTATOES
TABLE 58 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 59 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 60 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 61 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.6 BEANS & SEEDS
TABLE 62 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 63 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 64 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 65 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.7 OTHER PLANT PROTEINS
TABLE 66 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 67 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 68 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 69 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.3 INSECT PROTEIN
7.3.1 RISE IN AWARENESS OF PROTEIN CONTENT IN EDIBLE INSECTS HAMPERED BY INFRASTRUCTURAL CONSTRAINTS
TABLE 70 INSECT PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 71 INSECT PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 72 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 73 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 74 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 75 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
7.3.2 CRICKETS
TABLE 76 CRICKET-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 77 CRICKET-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.3 MEALWORMS
TABLE 78 MEALWORM-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 79 MEALWORM-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.4 LOCUSTS
TABLE 80 LOCUST-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 81 LOCUST-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.5 OTHER INSECT PROTEINS
TABLE 82 OTHER INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 83 OTHER INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4 MICROBIAL PROTEIN
7.4.1 GROWTH IN ACCEPTANCE OF MICROBIAL PROTEIN IN AQUACULTURE AS FISHMEAL REPLACEMENT
TABLE 84 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 85 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 86 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 87 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 88 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 89 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
7.4.2 ALGAE
TABLE 90 ALGAE-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 91 ALGAE-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.3 FUNGI
TABLE 92 FUNGI-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 93 FUNGI-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.4 BACTERIA
TABLE 94 BACTERIA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 95 BACTERIA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.5 OTHER MICROBIAL PROTEINS
TABLE 96 OTHER MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 97 OTHER MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
8 PROTEIN ALTERNATIVES MARKET, BY NATURE
8.1 INTRODUCTION
FIGURE 57 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024 VS. 2029 (USD MILLION)
TABLE 98 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2020–2023 (USD MILLION)
TABLE 99 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024–2029 (USD MILLION)
8.2 CONVENTIONAL
8.2.1 GROWTH IN UTILIZATION OF PLANT-BASED FOOD PRODUCTS IN FOOD AND FEED INDUSTRIES
TABLE 100 CONVENTIONAL PLANT-BASED PROTEIN MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 101 CONVENTIONAL PLANT-BASED PROTEIN MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 ORGANIC
8.3.1 GROWTH OF ORGANIC PLANT-BASED PROTEIN PRODUCTS TO BE FUELED BY RISING DEMAND FOR CLEAN-LABEL INGREDIENTS
TABLE 102 ORGANIC PLANT-BASED PROTEIN MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 103 ORGANIC PLANT-BASED PROTEIN MARKET, BY REGION, 2024–2029 (USD MILLION)
9 PROTEIN ALTERNATIVES MARKET, BY FORM
9.1 INTRODUCTION
FIGURE 58 PROTEIN ALTERNATIVES MARKET, BY FORM, 2024 VS. 2029 (USD MILLION)
TABLE 104 PROTEIN ALTERNATIVES MARKET, BY FORM, 2020–2023 (USD MILLION)
TABLE 105 PROTEIN ALTERNATIVES MARKET, BY FORM, 2024–2029 (USD MILLION)
9.2 DRY
9.2.1 GREATER VERSATILITY TO INCREASE APPLICATION OF DRY PROTEIN IN PLANT-BASED FOOD & BEVERAGE INDUSTRY
TABLE 106 DRY PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 107 DRY PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 LIQUID
9.3.1 HIGHER PROTEIN ENRICHMENT REQUIREMENTS IN LIQUID NUTRITIONAL SUPPLEMENTS
TABLE 108 LIQUID PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 109 LIQUID PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
10 PROTEIN ALTERNATIVES MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 59 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
TABLE 110 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 111 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
10.2 FOOD & BEVERAGES
10.2.1 RISE IN CONSUMPTION OF PLANT-BASED MEAT AND DAIRY ALTERNATIVES
TABLE 112 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY REGION, 2020–2023 (USD MILLION)
TABLE 113 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY REGION, 2024–2029 (USD MILLION)
TABLE 114 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY SUBTYPE, 2020–2023 (USD MILLION)
TABLE 115 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY SUBTYPE, 2024–2029 (USD MILLION)
10.2.2 MEAT ALTERNATIVES
TABLE 116 PROTEIN ALTERNATIVES MARKET IN MEAT ALTERNATIVES, BY REGION, 2020–2023 (USD MILLION)
TABLE 117 PROTEIN ALTERNATIVES MARKET IN MEAT ALTERNATIVES, BY REGION, 2024–2029 (USD MILLION)
10.2.2.1 Meatballs & nuggets
10.2.2.2 Sausages
10.2.2.3 Burgers
10.2.2.4 Other Meat Alternatives
FIGURE 60 PROTEIN ALTERNATIVES MARKET SHARE IN MEAT ALTERNATIVES, BY SUBAPPLICATION, 2023
10.2.3 DAIRY ALTERNATIVES
TABLE 118 PROTEIN ALTERNATIVES MARKET IN DAIRY ALTERNATIVES, BY REGION, 2020–2023 (USD MILLION)
TABLE 119 PROTEIN ALTERNATIVES MARKET IN DAIRY ALTERNATIVES, BY REGION, 2024–2029 (USD MILLION)
10.2.3.1 Milk Substitute
FIGURE 61 PLANT-BASED MILK SALES GROWTH, 2016–2022 (USD MILLION)
10.2.3.2 Cheese Alternatives
10.2.3.3 Yogurt Substitutes
10.2.3.4 Ice-cream Substitutes
FIGURE 62 PROTEIN ALTERNATIVES MARKET SHARE IN DAIRY ALTERNATIVES, BY SUBAPPLICATION, 2023
10.2.4 PROTEIN SUPPLEMENTS
TABLE 120 PROTEIN ALTERNATIVES MARKET IN PROTEIN SUPPLEMENTS, BY REGION, 2020–2023 (USD MILLION)
TABLE 121 PROTEIN ALTERNATIVES MARKET IN PROTEIN SUPPLEMENTS, BY REGION, 2024–2029 (USD MILLION)
10.2.4.1 Bars
10.2.4.2 Powders
10.2.4.3 Protein Shakes
10.2.4.4 Other Protein Supplements
FIGURE 63 PROTEIN ALTERNATIVES MARKET SHARE IN PROTEIN SUPPLEMENTS, BY SUBAPPLICATION, 2023
10.2.5 FUNCTIONAL FOOD
TABLE 122 PROTEIN ALTERNATIVES MARKET IN FUNCTIONAL FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 123 PROTEIN ALTERNATIVES MARKET IN FUNCTIONAL FOOD, BY REGION, 2024–2029 (USD MILLION)
10.2.5.1 Fortified Cereals
10.2.5.2 RTD Beverages
10.2.5.3 Other Functional Food
FIGURE 64 PROTEIN ALTERNATIVES MARKET IN FUNCTIONAL FOOD, BY SUBAPPLICATION, 2023
10.2.6 CONVENIENCE FOOD
TABLE 124 PROTEIN ALTERNATIVES MARKET IN CONVENIENCE FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 125 PROTEIN ALTERNATIVES MARKET IN CONVENIENCE FOOD, BY REGION, 2024–2029 (USD MILLION)
10.2.6.1 Baked Goods
10.2.6.2 Snacks
10.2.6.3 Sauces, Gravies, and Soups
10.2.6.4 Spreads
10.2.6.5 Other Convenience Foods
FIGURE 65 PROTEIN ALTERNATIVES MARKET IN CONVENIENCE FOOD, BY SUBAPPLICATION, 2023
10.3 ANIMAL FEED
10.3.1 GROWING DEMAND FOR CLEAN-LABEL AND SUSTAINABLE FEED PRODUCTS
TABLE 126 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 127 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY REGION, 2024–2029 (USD MILLION)
TABLE 128 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY SUBTYPE, 2020–2023 (USD MILLION)
TABLE 129 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY SUBTYPE, 2024–2029 (USD MILLION)
10.3.2 POULTRY
TABLE 130 PROTEIN ALTERNATIVES MARKET IN POULTRY FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 131 PROTEIN ALTERNATIVES MARKET IN POULTRY FEED, BY REGION, 2024–2029 (USD MILLION)
10.3.3 SWINE
TABLE 132 PROTEIN ALTERNATIVES MARKET IN SWINE FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 133 PROTEIN ALTERNATIVES MARKET IN SWINE FEED, BY REGION, 2024–2029 (USD MILLION)
10.3.4 RUMINANTS
TABLE 134 PROTEIN ALTERNATIVES MARKET IN RUMINANT FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 135 PROTEIN ALTERNATIVES MARKET IN RUMINANT FEED, BY REGION, 2024–2029 (USD MILLION)
10.3.5 AQUACULTURE
TABLE 136 PROTEIN ALTERNATIVES MARKET IN AQUAFEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 137 PROTEIN ALTERNATIVES MARKET IN AQUAFEED, BY REGION, 2024–2029 (USD MILLION)
10.4 PET FOOD
10.4.1 VARIETY OF ALTERNATIVE PROTEINS AVAILABLE ALLOWS FOR DIVERSIFICATION AND INNOVATION IN PET FOOD PRODUCTS
TABLE 138 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 139 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY REGION, 2024–2029 (USD MILLION)
TABLE 140 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY SUBTYPE, 2020–2023 (USD MILLION)
TABLE 141 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY SUBTYPE, 2024–2029 (USD MILLION)
10.4.2 CAT FOOD
TABLE 142 PROTEIN ALTERNATIVES MARKET IN CAT FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 143 PROTEIN ALTERNATIVES MARKET IN CAT FOOD, BY REGION, 2024–2029 (USD MILLION)
10.4.3 DOG FOOD
TABLE 144 PROTEIN ALTERNATIVES MARKET IN DOG FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 145 PROTEIN ALTERNATIVES MARKET IN DOG FOOD, BY REGION, 2024–2029 (USD MILLION)
10.4.4 OTHER PET FOOD
TABLE 146 PROTEIN ALTERNATIVES MARKET IN OTHER PET FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 147 PROTEIN ALTERNATIVES MARKET IN OTHER PET FOOD, BY REGION, 2024–2029 (USD MILLION)
11 PROTEIN ALTERNATIVES MARKET, BY PRODUCTION PROCESS
11.1 INTRODUCTION
11.2 PLANT PROTEIN PRODUCTION PROCESS
11.2.1 EXTRUSION
11.2.1.1 Protein extraction
11.2.1.2 Protein purification
11.2.1.3 Heat treatment
11.2.1.4 Starch/fiber processing
11.2.1.5 Whey treatment system
11.3 INSECT PROTEIN PRODUCTION PROCESS
11.3.1 ULTRASONIC EXTRACTION
11.3.1.1 Preparation of Insect Larvae
11.3.1.2 Larval Disruption
11.3.1.3 Defatting
11.3.1.4 Ultrasonication
11.3.1.5 Centrifugation or Filtration
11.3.1.6 Protein Analysis and Storage
11.4 MICROBIAL PROTEIN PRODUCTION PROCESS
11.4.1 ULTRASOUND-ASSISTED EXTRACTION (UAE)
12 PROTEIN ALTERNATIVES MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 66 THAILAND TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
TABLE 148 PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 149 PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 150 PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 151 PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
12.2 NORTH AMERICA
FIGURE 67 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET SNAPSHOT
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 68 NORTH AMERICA: INFLATION RATES, BY COUNTRY, 2017–2022
FIGURE 69 NORTH AMERICA: RECESSION IMPACT ANALYSIS
TABLE 152 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 153 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 154 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 155 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 156 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (KT)
TABLE 157 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (KT)
TABLE 158 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR PLANT PROTEIN, BY TYPE, 2020–2023 (USD MILLION)
TABLE 159 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR PLANT PROTEIN, BY TYPE, 2024–2029 (USD MILLION)
TABLE 160 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR INSECT PROTEIN, BY TYPE, 2020–2023 (USD MILLION)
TABLE 161 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR INSECT PROTEIN, BY TYPE, 2024–2029 (USD MILLION)
TABLE 162 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR MICROBIAL PROTEIN, BY TYPE, 2020–2023 (USD MILLION)
TABLE 163 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR MICROBIAL PROTEIN, BY TYPE, 2024–2029 (USD MILLION)
TABLE 164 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 165 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 166 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY FORM, 2020–2023 (USD MILLION)
TABLE 167 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY FORM, 2024–2029 (USD MILLION)
TABLE 168 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY NATURE, 2020–2023 (USD MILLION)
TABLE 169 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024–2029 (USD MILLION)
12.2.2 US
12.2.2.1 Rise in awareness regarding environmental and personal health benefits to drive preference for plant and insect protein
TABLE 170 US: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 171 US: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
12.2.3 CANADA
12.2.3.1 Rise in investments by prominent players to drive production
TABLE 172 CANADA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 173 CANADA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
12.2.4 MEXICO
12.2.4.1 Evolving consumer preferences and increasing demand for nutritious pet foods
TABLE 174 MEXICO: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 175 MEXICO: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONS COVERED
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2020–2023
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 PROTEIN ALTERNATIVES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary profiles
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.2.3 Key insights
FIGURE 3 INSIGHTS FROM KEY INDUSTRY EXPERTS
2.2 MARKET SIZE ESTIMATION
2.2.1 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.2.2 SUPPLY-SIDE ANALYSIS
FIGURE 5 MARKET SIZE CALCULATION: SUPPLY SIDE
2.2.3 BOTTOM-UP APPROACH (DEMAND SIDE)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS AND RISK ASSESSMENT
2.6 RECESSION IMPACT ANALYSIS
2.6.1 MACROECONOMIC INDICATORS OF RECESSION
FIGURE 8 MACROECONOMIC INDICATORS OF RECESSION
FIGURE 9 GLOBAL INFLATION RATE, 2011–2022
FIGURE 10 GLOBAL GDP, 2011–2022 (USD TRILLION)
FIGURE 11 RECESSION INDICATORS AND THEIR IMPACT ON PROTEIN ALTERNATIVES MARKET
FIGURE 12 GLOBAL PROTEIN ALTERNATIVES MARKET: EARLIER FORECAST VS. RECESSION FORECAST
3 EXECUTIVE SUMMARY
TABLE 2 PROTEIN ALTERNATIVES: MARKET SHARE SNAPSHOT, 2024 VS. 2029 (USD MILLION)
FIGURE 13 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
FIGURE 14 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
FIGURE 15 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024 VS. 2029 (USD MILLION)
FIGURE 16 PROTEIN ALTERNATIVES MARKET, BY FORM, 2024 VS. 2029
FIGURE 17 PROTEIN ALTERNATIVES MARKET SHARE AND GROWTH RATE, BY REGION
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROTEIN ALTERNATIVES MARKET
FIGURE 18 NEW PRODUCT DEVELOPMENTS AND FACILITY EXPANSION TO DRIVE PROTEIN ALTERNATIVES MARKET
4.2 ASIA PACIFIC: PROTEIN ALTERNATIVES MARKET, BY APPLICATION AND COUNTRY
FIGURE 19 CHINA AND FOOD & BEVERAGES SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024
4.3 PROTEIN ALTERNATIVES MARKET, BY SOURCE
FIGURE 20 PLANT PROTEIN SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.4 PROTEIN ALTERNATIVES MARKET, BY FORM
FIGURE 21 DRY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.5 PROTEIN ALTERNATIVES MARKET, BY NATURE
FIGURE 22 CONVENTIONAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.6 PROTEIN ALTERNATIVES MARKET, BY APPLICATION
FIGURE 23 FOOD & BEVERAGES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
4.7 PROTEIN ALTERNATIVES MARKET, BY APPLICATION AND REGION
FIGURE 24 FOOD & BEVERAGES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.8 PROTEIN ALTERNATIVES MARKET: REGIONAL SNAPSHOT
FIGURE 25 US TO DOMINATE PROTEIN ALTERNATIVES MARKET IN 2024
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 GLOBAL PRODUCTION OF PEA CROPS AND GREEN PEAS AND BOOST IN INNOVATION
FIGURE 26 GLOBAL PRODUCTION OF CHICKPEAS AND GREEN PEAS, 2018–2022 (MILLION TONNES)
FIGURE 27 GLOBAL PEA PRODUCTION, BY COUNTRY, 2021 (MILLION TONNES)
5.2.2 INCREASE IN SOYBEAN PRODUCTION
FIGURE 28 SOYBEAN PRODUCTION, BY KEY COUNTRY, 2018–2023 (MILLION TONNES)
5.2.3 CONSUMER SHIFT TOWARD PROTEIN ALTERNATIVES
5.2.4 INCREASING COLLABORATIONS & INVESTMENTS IN R&D BETWEEN MARKET LEADERS AND STARTUPS
TABLE 3 LIST OF INVESTMENTS IN INSECT PROTEIN MARKET, 2019–2023 (USD MILLION)
5.3 MARKET DYNAMICS
FIGURE 29 PROTEIN ALTERNATIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Increase in interest in health-centric food and beverages
5.3.1.2 Growth in consumer preferences toward veganism
5.3.1.3 Rise in cases of lactose intolerance
TABLE 4 PERCENTAGE OF LACTOSE-INTOLERANT PEOPLE, BY ETHNICITY
5.3.1.4 Increased preference for meat alternatives
5.3.1.5 Rise in lactose intolerance to boost use of wheat protein as dairy alternative
FIGURE 30 ESTIMATED PREVALENCE OF LACTOSE MALABSORPTION, BY COUNTRY, 2022
5.3.2 RESTRAINTS
5.3.2.1 Allergies associated with plant-based protein sources
5.3.2.2 Nutritional and vitamin deficiencies among vegans
5.3.2.3 Consumers’ unacceptance of insect-based proteins
5.3.3 OPPORTUNITIES
5.3.3.1 Focus on aquatic plants as new and emerging sources of protein
5.3.3.2 Effective marketing strategies and correct positioning of plant-based proteins
5.3.3.3 Lifestyle changes
5.3.3.4 Opportunities for food equipment manufacturers in insect rearing
5.3.4 CHALLENGES
5.3.4.1 Concerns over quality of food and beverages due to adulteration of GM ingredients
5.3.4.2 Economic constraints
5.3.4.3 Concerns related to taste and texture offered by plant-based protein
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 31 PROTEIN ALTERNATIVES MARKET: SUPPLY CHAIN ANALYSIS
6.3 VALUE CHAIN ANALYSIS
FIGURE 32 PROTEIN ALTERNATIVES MARKET: VALUE CHAIN ANALYSIS
6.3.1 RESEARCH & PRODUCT DEVELOPMENT
6.3.2 RAW MATERIAL SOURCING
6.3.3 PRODUCTION & PROCESSING
6.3.4 DISTRIBUTION
6.3.5 MARKETING & SALES
6.3.6 END USERS
6.4 TRADE ANALYSIS
6.4.1 IMPORT SCENARIO OF SOYBEANS
FIGURE 33 IMPORT OF SOYBEANS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 5 IMPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2019–2023 (USD)
6.4.2 EXPORT SCENARIO OF SOYBEANS
FIGURE 34 EXPORT OF SOYBEANS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 6 EXPORT SCENARIO FOR HS CODE: 1201, BY COUNTRY, 2019–2023 (USD)
6.4.3 IMPORT SCENARIO OF PEAS
FIGURE 35 IMPORT OF PEAS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 7 IMPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2019–2023 (USD)
6.4.4 EXPORT SCENARIO OF PEAS, BY KEY COUNTRY
FIGURE 36 EXPORT OF PEAS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 8 EXPORT SCENARIO FOR HS CODE: 071310, BY COUNTRY, 2019–2023 (USD)
6.4.5 IMPORT SCENARIO OF WHEAT & MESLIN
FIGURE 37 IMPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 9 IMPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2019–2023 (USD)
6.4.6 EXPORT SCENARIO OF WHEAT & MESLIN
FIGURE 38 EXPORT OF WHEAT & MESLIN, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 10 EXPORT SCENARIO FOR HS CODE: 1001, BY COUNTRY, 2019–2023 (USD)
6.4.7 IMPORT SCENARIO OF RICE
FIGURE 39 IMPORT OF RICE, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 11 IMPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2019–2023 (USD)
6.4.8 EXPORT SCENARIO OF RICE
FIGURE 40 EXPORT OF RICE, BY KEY COUNTRY, 2019–2023
TABLE 12 EXPORT SCENARIO FOR HS CODE: 1006, BY COUNTRY, 2019–2023 (USD)
6.4.9 IMPORT SCENARIO OF OATS
FIGURE 41 IMPORT OF OATS, BY KEY COUNTRY, 2019–2023
TABLE 13 IMPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2019–2023 (USD)
6.4.10 EXPORT SCENARIO OF OATS
FIGURE 42 EXPORT OF OATS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 14 EXPORT SCENARIO FOR HS CODE: 1004, BY COUNTRY, 2019–2023 (USD)
6.4.11 IMPORT SCENARIO OF MUSHROOMS
FIGURE 43 IMPORT OF MUSHROOMS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 15 IMPORT SCENARIO FOR HS CODE: 2003, BY COUNTRY, 2019–2023 (USD)
6.4.12 EXPORT SCENARIO OF MUSHROOMS
FIGURE 44 EXPORT OF MUSHROOMS, BY KEY COUNTRY, 2019–2023 (USD)
TABLE 16 EXPORT SCENARIO FOR HS CODE: 2003, BY COUNTRY, 2019–2023 (USD)
6.5 TECHNOLOGY ANALYSIS
6.5.1 KEY TECHNOLOGIES
6.5.1.1 Extrusion
6.5.1.2 Use of membrane technology to produce differentiated wheat proteins
6.5.2 COMPLEMENTARY TECHNOLOGIES
6.5.2.1 High-pressure Processing (HPP)
6.5.2.2 U-Loop
6.5.3 ADJACENT TECHNOLOGIES
6.5.3.1 Wet processing method for producing dairy alternative milk
6.6 PRICING ANALYSIS
6.6.1 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY SOURCE
FIGURE 45 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE, 2023 (USD/KG)
TABLE 17 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOURCE, 2023 (USD/KG)
6.6.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 46 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/KG)
TABLE 18 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/KG)
6.6.3 AVERAGE SELLING PRICE TREND, BY SOURCE
FIGURE 47 AVERAGE SELLING PRICE TREND, BY SOURCE, 2020–2023 (USD/KG)
TABLE 19 AVERAGE SELLING PRICE TREND, BY SOURCE, 2020–2023 (USD/KG)
6.7 ECOSYSTEM
6.7.1 DEMAND SIDE
6.7.2 SUPPLY SIDE
FIGURE 48 KEY PLAYERS IN PROTEIN ALTERNATIVES MARKET
TABLE 20 PROTEIN ALTERNATIVES MARKET: ECOSYSTEM
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 49 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
6.9 PATENT ANALYSIS
TABLE 21 LIST OF MAJOR PATENTS PERTAINING TO MARKET, 2014–2024
FIGURE 50 NUMBER OF PATENTS GRANTED FOR PROTEIN ALTERNATIVES, 2014–2024
FIGURE 51 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PROTEIN ALTERNATIVES
6.10 KEY CONFERENCES & EVENTS
TABLE 22 PROTEIN ALTERNATIVES MARKET: LIST OF KEY CONFERENCES & EVENTS, 2024–2025
6.11 TARIFF AND REGULATORY LANDSCAPE
6.11.1 TARIFF DATA FOR SOY
TABLE 23 TARIFF FOR HS CODE: 120190
6.11.2 TARIFF DATA FOR PEAS
TABLE 24 TARIFF FOR HS CODE: 071310
6.11.3 REGULATORY BODIES, AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 28 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.11.4 REGULATORY FRAMEWORK
6.11.4.1 North America
6.11.4.1.1 US
6.11.4.2 Feed Application
6.11.4.3 Food Application
6.11.4.3.1 Canada
6.11.4.4 Europe
6.11.4.5 Asia Pacific
6.12 PORTER’S FIVE FORCES ANALYSIS
TABLE 30 PORTER’S FIVE FORCES ANALYSIS
FIGURE 52 PORTER’S FIVE FORCES ANALYSIS
6.12.1 THREAT OF NEW ENTRANTS
6.12.2 THREAT OF SUBSTITUTES
6.12.3 BARGAINING POWER OF SUPPLIERS
6.12.4 BARGAINING POWER OF BUYERS
6.12.5 INTENSITY OF COMPETITIVE RIVALRY
6.13 KEY STAKEHOLDERS & BUYING CRITERIA
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 53 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
TABLE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SOURCES
6.13.2 BUYING CRITERIA
TABLE 32 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
FIGURE 54 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
6.14 CASE STUDY ANALYSIS
6.14.1 BLUE DIAMOND GROWERS PARTNERED WITH GROUP LALA TO ESTABLISH NETWORK IN MEXICO
6.14.2 KERRY GROUP PLC REVOLUTIONIZED PLANT-BASED PRODUCTS IN ASIA PACIFIC MARKET
6.14.3 ADM OFFERED NEW PLANT-BASED PROTEINS TO MEET GROWING CONSUMER DEMAND
6.14.4 GLANBIA LAUNCHED ITS GRAIN PORTFOLIO TO ADDRESS CONSUMERS’ RISING HEALTH CONCERNS
6.14.5 MGP INGREDIENTS USED WHEAT PROTEIN ISOLATE TO IMPROVE DOUGH STRENGTH AND FREEZER STABILITY
TABLE 33 IMPROVED DOUGH POROSITY AND EXTENSIBILITY FOR LONGER PERIOD
6.15 INVESTMENT AND FUNDING SCENARIO
FIGURE 55 GLOBAL ALTERNATIVE PROTEIN INVESTMENT TREND, 2018–2022
7 PROTEIN ALTERNATIVES MARKET, BY SOURCE
7.1 INTRODUCTION
FIGURE 56 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
TABLE 34 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 35 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 36 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (KT)
TABLE 37 PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (KT)
7.2 PLANT PROTEIN
7.2.1 DIVERSE ARRAY OF PLANT PROTEIN SOURCES WITH SUBSTANTIAL INCREASE IN NEWER SOURCES
TABLE 38 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 39 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 40 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 41 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 42 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 43 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
TABLE 44 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 45 PLANT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.2 SOY
TABLE 46 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 47 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 48 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 49 SOY-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.3 WHEAT
TABLE 50 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 51 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 52 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 53 WHEAT-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.4 PEAS
TABLE 54 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 55 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 56 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 57 PEA-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.5 CANOLA, RICE, OATS, AND POTATOES
TABLE 58 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 59 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 60 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 61 CANOLA-, RICE-, OAT-, AND POTATO-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.6 BEANS & SEEDS
TABLE 62 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 63 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 64 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 65 BEAN- & SEED-BASED PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2.7 OTHER PLANT PROTEINS
TABLE 66 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 67 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 68 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 69 OTHER PLANT PROTEIN ALTERNATIVES MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.3 INSECT PROTEIN
7.3.1 RISE IN AWARENESS OF PROTEIN CONTENT IN EDIBLE INSECTS HAMPERED BY INFRASTRUCTURAL CONSTRAINTS
TABLE 70 INSECT PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 71 INSECT PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 72 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 73 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 74 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 75 INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
7.3.2 CRICKETS
TABLE 76 CRICKET-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 77 CRICKET-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.3 MEALWORMS
TABLE 78 MEALWORM-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 79 MEALWORM-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.4 LOCUSTS
TABLE 80 LOCUST-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 81 LOCUST-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.5 OTHER INSECT PROTEINS
TABLE 82 OTHER INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 83 OTHER INSECT PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4 MICROBIAL PROTEIN
7.4.1 GROWTH IN ACCEPTANCE OF MICROBIAL PROTEIN IN AQUACULTURE AS FISHMEAL REPLACEMENT
TABLE 84 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 85 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 86 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 87 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 88 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 89 MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
7.4.2 ALGAE
TABLE 90 ALGAE-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 91 ALGAE-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.3 FUNGI
TABLE 92 FUNGI-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 93 FUNGI-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.4 BACTERIA
TABLE 94 BACTERIA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 95 BACTERIA-BASED PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.5 OTHER MICROBIAL PROTEINS
TABLE 96 OTHER MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 97 OTHER MICROBIAL PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
8 PROTEIN ALTERNATIVES MARKET, BY NATURE
8.1 INTRODUCTION
FIGURE 57 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024 VS. 2029 (USD MILLION)
TABLE 98 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2020–2023 (USD MILLION)
TABLE 99 PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024–2029 (USD MILLION)
8.2 CONVENTIONAL
8.2.1 GROWTH IN UTILIZATION OF PLANT-BASED FOOD PRODUCTS IN FOOD AND FEED INDUSTRIES
TABLE 100 CONVENTIONAL PLANT-BASED PROTEIN MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 101 CONVENTIONAL PLANT-BASED PROTEIN MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 ORGANIC
8.3.1 GROWTH OF ORGANIC PLANT-BASED PROTEIN PRODUCTS TO BE FUELED BY RISING DEMAND FOR CLEAN-LABEL INGREDIENTS
TABLE 102 ORGANIC PLANT-BASED PROTEIN MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 103 ORGANIC PLANT-BASED PROTEIN MARKET, BY REGION, 2024–2029 (USD MILLION)
9 PROTEIN ALTERNATIVES MARKET, BY FORM
9.1 INTRODUCTION
FIGURE 58 PROTEIN ALTERNATIVES MARKET, BY FORM, 2024 VS. 2029 (USD MILLION)
TABLE 104 PROTEIN ALTERNATIVES MARKET, BY FORM, 2020–2023 (USD MILLION)
TABLE 105 PROTEIN ALTERNATIVES MARKET, BY FORM, 2024–2029 (USD MILLION)
9.2 DRY
9.2.1 GREATER VERSATILITY TO INCREASE APPLICATION OF DRY PROTEIN IN PLANT-BASED FOOD & BEVERAGE INDUSTRY
TABLE 106 DRY PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 107 DRY PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 LIQUID
9.3.1 HIGHER PROTEIN ENRICHMENT REQUIREMENTS IN LIQUID NUTRITIONAL SUPPLEMENTS
TABLE 108 LIQUID PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 109 LIQUID PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
10 PROTEIN ALTERNATIVES MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 59 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
TABLE 110 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 111 PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
10.2 FOOD & BEVERAGES
10.2.1 RISE IN CONSUMPTION OF PLANT-BASED MEAT AND DAIRY ALTERNATIVES
TABLE 112 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY REGION, 2020–2023 (USD MILLION)
TABLE 113 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY REGION, 2024–2029 (USD MILLION)
TABLE 114 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY SUBTYPE, 2020–2023 (USD MILLION)
TABLE 115 PROTEIN ALTERNATIVES MARKET IN FOOD & BEVERAGES, BY SUBTYPE, 2024–2029 (USD MILLION)
10.2.2 MEAT ALTERNATIVES
TABLE 116 PROTEIN ALTERNATIVES MARKET IN MEAT ALTERNATIVES, BY REGION, 2020–2023 (USD MILLION)
TABLE 117 PROTEIN ALTERNATIVES MARKET IN MEAT ALTERNATIVES, BY REGION, 2024–2029 (USD MILLION)
10.2.2.1 Meatballs & nuggets
10.2.2.2 Sausages
10.2.2.3 Burgers
10.2.2.4 Other Meat Alternatives
FIGURE 60 PROTEIN ALTERNATIVES MARKET SHARE IN MEAT ALTERNATIVES, BY SUBAPPLICATION, 2023
10.2.3 DAIRY ALTERNATIVES
TABLE 118 PROTEIN ALTERNATIVES MARKET IN DAIRY ALTERNATIVES, BY REGION, 2020–2023 (USD MILLION)
TABLE 119 PROTEIN ALTERNATIVES MARKET IN DAIRY ALTERNATIVES, BY REGION, 2024–2029 (USD MILLION)
10.2.3.1 Milk Substitute
FIGURE 61 PLANT-BASED MILK SALES GROWTH, 2016–2022 (USD MILLION)
10.2.3.2 Cheese Alternatives
10.2.3.3 Yogurt Substitutes
10.2.3.4 Ice-cream Substitutes
FIGURE 62 PROTEIN ALTERNATIVES MARKET SHARE IN DAIRY ALTERNATIVES, BY SUBAPPLICATION, 2023
10.2.4 PROTEIN SUPPLEMENTS
TABLE 120 PROTEIN ALTERNATIVES MARKET IN PROTEIN SUPPLEMENTS, BY REGION, 2020–2023 (USD MILLION)
TABLE 121 PROTEIN ALTERNATIVES MARKET IN PROTEIN SUPPLEMENTS, BY REGION, 2024–2029 (USD MILLION)
10.2.4.1 Bars
10.2.4.2 Powders
10.2.4.3 Protein Shakes
10.2.4.4 Other Protein Supplements
FIGURE 63 PROTEIN ALTERNATIVES MARKET SHARE IN PROTEIN SUPPLEMENTS, BY SUBAPPLICATION, 2023
10.2.5 FUNCTIONAL FOOD
TABLE 122 PROTEIN ALTERNATIVES MARKET IN FUNCTIONAL FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 123 PROTEIN ALTERNATIVES MARKET IN FUNCTIONAL FOOD, BY REGION, 2024–2029 (USD MILLION)
10.2.5.1 Fortified Cereals
10.2.5.2 RTD Beverages
10.2.5.3 Other Functional Food
FIGURE 64 PROTEIN ALTERNATIVES MARKET IN FUNCTIONAL FOOD, BY SUBAPPLICATION, 2023
10.2.6 CONVENIENCE FOOD
TABLE 124 PROTEIN ALTERNATIVES MARKET IN CONVENIENCE FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 125 PROTEIN ALTERNATIVES MARKET IN CONVENIENCE FOOD, BY REGION, 2024–2029 (USD MILLION)
10.2.6.1 Baked Goods
10.2.6.2 Snacks
10.2.6.3 Sauces, Gravies, and Soups
10.2.6.4 Spreads
10.2.6.5 Other Convenience Foods
FIGURE 65 PROTEIN ALTERNATIVES MARKET IN CONVENIENCE FOOD, BY SUBAPPLICATION, 2023
10.3 ANIMAL FEED
10.3.1 GROWING DEMAND FOR CLEAN-LABEL AND SUSTAINABLE FEED PRODUCTS
TABLE 126 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 127 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY REGION, 2024–2029 (USD MILLION)
TABLE 128 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY SUBTYPE, 2020–2023 (USD MILLION)
TABLE 129 PROTEIN ALTERNATIVES MARKET IN ANIMAL FEED, BY SUBTYPE, 2024–2029 (USD MILLION)
10.3.2 POULTRY
TABLE 130 PROTEIN ALTERNATIVES MARKET IN POULTRY FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 131 PROTEIN ALTERNATIVES MARKET IN POULTRY FEED, BY REGION, 2024–2029 (USD MILLION)
10.3.3 SWINE
TABLE 132 PROTEIN ALTERNATIVES MARKET IN SWINE FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 133 PROTEIN ALTERNATIVES MARKET IN SWINE FEED, BY REGION, 2024–2029 (USD MILLION)
10.3.4 RUMINANTS
TABLE 134 PROTEIN ALTERNATIVES MARKET IN RUMINANT FEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 135 PROTEIN ALTERNATIVES MARKET IN RUMINANT FEED, BY REGION, 2024–2029 (USD MILLION)
10.3.5 AQUACULTURE
TABLE 136 PROTEIN ALTERNATIVES MARKET IN AQUAFEED, BY REGION, 2020–2023 (USD MILLION)
TABLE 137 PROTEIN ALTERNATIVES MARKET IN AQUAFEED, BY REGION, 2024–2029 (USD MILLION)
10.4 PET FOOD
10.4.1 VARIETY OF ALTERNATIVE PROTEINS AVAILABLE ALLOWS FOR DIVERSIFICATION AND INNOVATION IN PET FOOD PRODUCTS
TABLE 138 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 139 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY REGION, 2024–2029 (USD MILLION)
TABLE 140 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY SUBTYPE, 2020–2023 (USD MILLION)
TABLE 141 PROTEIN ALTERNATIVES MARKET IN PET FOOD, BY SUBTYPE, 2024–2029 (USD MILLION)
10.4.2 CAT FOOD
TABLE 142 PROTEIN ALTERNATIVES MARKET IN CAT FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 143 PROTEIN ALTERNATIVES MARKET IN CAT FOOD, BY REGION, 2024–2029 (USD MILLION)
10.4.3 DOG FOOD
TABLE 144 PROTEIN ALTERNATIVES MARKET IN DOG FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 145 PROTEIN ALTERNATIVES MARKET IN DOG FOOD, BY REGION, 2024–2029 (USD MILLION)
10.4.4 OTHER PET FOOD
TABLE 146 PROTEIN ALTERNATIVES MARKET IN OTHER PET FOOD, BY REGION, 2020–2023 (USD MILLION)
TABLE 147 PROTEIN ALTERNATIVES MARKET IN OTHER PET FOOD, BY REGION, 2024–2029 (USD MILLION)
11 PROTEIN ALTERNATIVES MARKET, BY PRODUCTION PROCESS
11.1 INTRODUCTION
11.2 PLANT PROTEIN PRODUCTION PROCESS
11.2.1 EXTRUSION
11.2.1.1 Protein extraction
11.2.1.2 Protein purification
11.2.1.3 Heat treatment
11.2.1.4 Starch/fiber processing
11.2.1.5 Whey treatment system
11.3 INSECT PROTEIN PRODUCTION PROCESS
11.3.1 ULTRASONIC EXTRACTION
11.3.1.1 Preparation of Insect Larvae
11.3.1.2 Larval Disruption
11.3.1.3 Defatting
11.3.1.4 Ultrasonication
11.3.1.5 Centrifugation or Filtration
11.3.1.6 Protein Analysis and Storage
11.4 MICROBIAL PROTEIN PRODUCTION PROCESS
11.4.1 ULTRASOUND-ASSISTED EXTRACTION (UAE)
12 PROTEIN ALTERNATIVES MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 66 THAILAND TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
TABLE 148 PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 149 PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 150 PROTEIN ALTERNATIVES MARKET, BY REGION, 2020–2023 (KT)
TABLE 151 PROTEIN ALTERNATIVES MARKET, BY REGION, 2024–2029 (KT)
12.2 NORTH AMERICA
FIGURE 67 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET SNAPSHOT
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 68 NORTH AMERICA: INFLATION RATES, BY COUNTRY, 2017–2022
FIGURE 69 NORTH AMERICA: RECESSION IMPACT ANALYSIS
TABLE 152 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 153 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 154 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 155 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 156 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (KT)
TABLE 157 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (KT)
TABLE 158 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR PLANT PROTEIN, BY TYPE, 2020–2023 (USD MILLION)
TABLE 159 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR PLANT PROTEIN, BY TYPE, 2024–2029 (USD MILLION)
TABLE 160 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR INSECT PROTEIN, BY TYPE, 2020–2023 (USD MILLION)
TABLE 161 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR INSECT PROTEIN, BY TYPE, 2024–2029 (USD MILLION)
TABLE 162 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR MICROBIAL PROTEIN, BY TYPE, 2020–2023 (USD MILLION)
TABLE 163 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET FOR MICROBIAL PROTEIN, BY TYPE, 2024–2029 (USD MILLION)
TABLE 164 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 165 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 166 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY FORM, 2020–2023 (USD MILLION)
TABLE 167 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY FORM, 2024–2029 (USD MILLION)
TABLE 168 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY NATURE, 2020–2023 (USD MILLION)
TABLE 169 NORTH AMERICA: PROTEIN ALTERNATIVES MARKET, BY NATURE, 2024–2029 (USD MILLION)
12.2.2 US
12.2.2.1 Rise in awareness regarding environmental and personal health benefits to drive preference for plant and insect protein
TABLE 170 US: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 171 US: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
12.2.3 CANADA
12.2.3.1 Rise in investments by prominent players to drive production
TABLE 172 CANADA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 173 CANADA: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
12.2.4 MEXICO
12.2.4.1 Evolving consumer preferences and increasing demand for nutritious pet foods
TABLE 174 MEXICO: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 175 MEXICO: PROTEIN ALTERNATIVES MARKET, BY SOURCE, 2024–2029 (USD MILLION)
