Alternative Protein Market
Alternative Protein Market - Global Industry Assessment & Forecast
Segments Covered
- By Source Plant-based, Insect-based, Microbial-based
- By Application Meat analogs, Dairy alternatives, Cereals & snacks, Beverages, Others
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 57.18 Million |
Revenue 2030: | USD 196.76 Million |
Revenue CAGR (2023 - 2030): | 16.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Alternative Protein Market Segment Analysis
- Alternative Protein Source Outlook (Revenue, USD Million, 2018 - 2030)
- Plant-based
- Insect-based
- Microbial-based
- Alternative Protein Application Outlook (Revenue, USD Million, 2018 - 2030)
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
-
North America Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- U.S.
- U.S. Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- U.S. Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- U.S. Alternative Protein Market, by Source
- Canada
- Canada Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Canada Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Canada Alternative Protein Market, by Source
-
Mexico
- Mexico Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Mexico Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Mexico Alternative Protein Market, by Source
-
North America Alternative Protein Market, by Source
- Europe
-
Europe Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
-
Europe Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- U. K.
- U.K. Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- U.K. Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- U.K. Alternative Protein Market, by Source
- France
- France Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- France Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- France Alternative Protein Market, by Source
-
Germany
- Germany Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Germany Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Germany Alternative Protein Market, by Source
-
Italy
- Italy Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Italy Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Italy Alternative Protein Market, by Source
-
Spain
- Spain Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Spain Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Spain Alternative Protein Market, by Source
-
Rest of Europe
- Rest of Europe Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Rest of Europe Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Rest of Europe Alternative Protein Market, by Source
-
Europe Alternative Protein Market, by Source
- Asia Pacific
-
Asia Pacific Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
-
Asia Pacific Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- China
- China Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- China Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- China Alternative Protein Market, by Source
- Japan
- Japan Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Japan Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Japan Alternative Protein Market, by Source
-
Germany
- Germany Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Germany Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Germany Alternative Protein Market, by Source
-
India
- India Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- India Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- India Alternative Protein Market, by Source
-
South Korea
- South Korea Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- South Korea Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- South Korea Alternative Protein Market, by Source
-
South East Asia
- South East Asia Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- South East Asia Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- South East Asia Alternative Protein Market, by Source
-
Rest of Asia Pacific
- Rest of Asia Pacific Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Rest of Asia Pacific Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Rest of Asia Pacific Alternative Protein Market, by Source
-
Asia Pacific Alternative Protein Market, by Source
- Latin America
-
Latin America Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
-
Latin America Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Brazil
- Brazil Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Brazil Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Brazil Alternative Protein Market, by Source
- Argentina
- Argentina Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Argentina Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Argentina Alternative Protein Market, by Source
-
Rest of Latin America
- Rest of Latin America Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Rest of Latin America Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Rest of Latin America Alternative Protein Market, by Source
-
Latin America Alternative Protein Market, by Source
- Middle East & Africa
-
Middle East & Africa Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
-
Middle East & Africa Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- GCC Countries
- GCC Countries Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- GCC Countries Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- GCC Countries Alternative Protein Market, by Source
- South Africa
- South Africa Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- South Africa Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- South Africa Alternative Protein Market, by Source
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Alternative Protein Market, by Source
- Plant-based
- Insect-based
- Microbial-based
- Rest of Middle East & Africa Alternative Protein Market, by Application
- Meat analogs
- Dairy alternatives
- Cereals & snacks
- Beverages
- Others
- Rest of Middle East & Africa Alternative Protein Market, by Source
-
Middle East & Africa Alternative Protein Market, by Source
- North America
FAQ
Frequently Asked Question
What is the global demand for Alternative Protein in terms of revenue?
-
The global Alternative Protein valued at USD 57.18 Million in 2022 and is expected to reach USD 196.76 Million in 2030 growing at a CAGR of 16.70%.
Which are the prominent players in the market?
-
The prominent players in the market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Roquette Freres (France), Ingredion Incorporated (U.S.), Kerry Group (Ireland), E.I. Dupont De Nemours and Company (U.S.), Now Foods (U.S.), Tate & Lyle Plc (U.K.), Axiom Foods Inc. (U.S.), Burcon NutraScience Corporation (Canada), Beneo GmbH (Germany), Glanbia Plc (Ireland), Sotexpro (France), CHS Inc (U.S.), AgriProtein (South Africa), Ynsect (France), and Enterra Feed Corporation (Canada).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 16.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Alternative Protein include
- Increasing consumers' focus on personal health, increasing awareness about the effect of commercial meat production on the environment, and increasing concerns about animal welfare
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Alternative Protein in 2022.