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US Plant-Based Protein Market US Plant-Based Protein Market Research Report: By Source (Soy Protein, Pea Protein, Rice Protein, Hemp Protein, Wheat Protein), By Form (Isolates, Concentrates, Textured Protein, Hydrolysates), By Application (Food Beverages, Nutritional Supplements, Animal Feed) and By End Use (Residential, Commercial, Institutional) - Forecast to 2035


ID: MRFR/F-B & N/19712-HCR | 100 Pages | Author: MRFR Research Team| December 2023


US Plant-Based Protein Market

US Plant-Based Protein Market Research Report: By Source (Soy Protein, Pea Protein, Rice Protein, Hemp Protein, Wheat Protein), By Form (Isolates, Concentrates, Textured Protein, Hydrolysates), By Application (Food Beverages, Nutritional Supplements, Animal Feed) and By End Use (Residential, Commercial, Institutional) - Forecast to 2035.


US Plant-Based Protein Market Overview:


As per MRFR analysis, the US Plant-Based Protein Market Size was estimated at 2.84 (USD Billion) in 2023. The US Plant-Based Protein Market Industry is expected to grow from 3.6(USD Billion) in 2024 to 8.2 (USD Billion) by 2035. The US Plant-Based Protein Market CAGR (growth rate) is expected to be around 7.771% during the forecast period (2025 - 2035).


Key US Plant-Based Protein Market Trends Highlighted


The US Plant-Based Protein Market is experiencing significant growth driven by a rising consumer preference for health-conscious diets and sustainable food choices. Many Americans are becoming increasingly aware of the health benefits associated with plant-based diets, such as improved heart health and reduced risk of chronic diseases. This awareness is creating a growing demand for plant-based protein products, which are often perceived as healthier alternatives to traditional animal proteins. Additionally, environmental concerns play a pivotal role as consumers seek to reduce their carbon footprint and support sustainable agriculture practices. Opportunities in the US market can be explored through innovation in product offerings, including the development of plant-based protein snacks, dairy alternatives, and meat substitutes. There is a rising interest in incorporating diverse sources of plant proteins like legumes, nuts, and seeds, appealing to both health-conscious consumers and individuals with dietary restrictions. Furthermore, the foodservice industry is adapting to this trend by offering more plant-based menu options, catering to the growing number of flexitarians who limit meat without eliminating it entirely. Recent trends indicate that major food manufacturers are investing in research and development of plant-based proteins, enhancing their product portfolios to capture a share of this expanding market.Additionally, the influence of social media and the prevalence of plant-based diets on various digital platforms have created heightened visibility for plant-based products, encouraging even more consumers to adopt these diets. As a result, the US Plant-Based Protein Market is poised for continued evolution, driven by consumer awareness, innovation, and increased availability of diverse product offerings.

US Plant Based Protein Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Plant-Based Protein Market Drivers

Rising Health Consciousness Among Consumers


The increasing awareness of health and wellness among consumers is a significant driver of growth in the US Plant-Based Protein Market Industry. This trend is fueled by the rising prevalence of lifestyle diseases, such as obesity and diabetes, in the United States. According to the Centers for Disease Control and Prevention (CDC), the obesity rate among adults in the US has increased by 30% over the last decade, emphasizing the need for healthier dietary options.Moreover, numerous health organizations like the American Heart Association advocate for diets rich in plant-based proteins, as these options are often lower in saturated fats and cholesterol compared to animal-based products. The shift towards plant-based diets is evident as an increasing number of consumers are seeking alternatives that promote better health, which boosts the demand in the US Plant-Based Protein Market.


Sustainability Concerns Driving Demand


Sustainability is becoming an essential factor influencing consumer choices in the US Plant-Based Protein Market Industry. There is growing awareness surrounding environmental issues linked to animal agriculture, such as greenhouse gas emissions, water usage, and land degradation. The United States Department of Agriculture (USDA) has reported that livestock production accounts for approximately 14.5% of global greenhouse gas emissions. In response, consumers are increasingly opting for plant-based protein products that are perceived as eco-friendlier.Reports indicate that 47% of Americans believe that reducing meat consumption is an effective way to combat climate change, which has led to a surge in demand for plant-based protein options, thereby driving market growth.


Innovation in Plant-Based Protein Products


Innovation in the formulation and processing of plant-based proteins is a key driver of the US Plant-Based Protein Market Industry. As food technology advances, manufacturers are introducing a diverse range of products that cater to different tastes and preferences. Notable food corporations such as Beyond Meat and Impossible Foods have introduced high-quality plant-based meat alternatives that closely resemble traditional meat products in taste and texture.According to the Food and Drug Administration (FDA), investment in Research and Development has increased significantly, with a reported 50% rise in patents related to plant-based food technologies over the past five years. This continuous innovation not only attracts health-conscious consumers but also those who may not have previously considered plant-based diets, thus expanding the market.


Supportive Government Policies and Initiatives


Supportive government policies and initiatives toward sustainable agriculture and healthy eating are major catalysts for growth in the US Plant-Based Protein Market Industry. The USDA has launched various programs aimed at promoting plant-based diets and sustainable agriculture practices. For instance, the USDA's 2020-2025 Dietary Guidelines recommend a dietary pattern that emphasizes plant-based foods, urging consumers to increase their intake of fruits, vegetables, whole grains, nuts, and seeds.Additionally, state-level initiatives in California, known for its significant plant-based food industry, have provided funding and resources for local farms transitioning away from animal agriculture. This governmental support not only aids in educating the public about the benefits of plant-based diets but also facilitates the growth of the market by encouraging innovation and development within the sector.

US Plant-Based Protein Market Segment Insights:

Plant-Based Protein Market Source Insights



The Source segment of the US Plant-Based Protein Market plays a crucial role in shaping the industry's dynamics and growth. This segment encompasses various types of plant-based proteins including Soy Protein, Pea Protein, Rice Protein, Hemp Protein, and Wheat Protein. Each type offers unique benefits, catering to a diverse consumer base that is increasingly leaning towards plant-based diets for health, environmental, and ethical reasons. Soy Protein is one of the most widely used proteins in processed vegetarian and vegan products due to its well-rounded amino acid profile and high protein content, making it a popular choice for meat substitutes and dairy alternatives. Pea Protein, on the other hand, has garnered attention for its allergen-friendly profile, as it is free from soy and gluten, appealing to consumers with dietary restrictions. This protein type is often favored in the formulation of protein powders, bars, and beverages, further driving the demand within the market. Rice Protein serves as an excellent alternative protein source, particularly for individuals seeking a hypoallergenic option, playing a significant role in baby food formulations and health products. Hemp Protein is noted for its rich nutritional profile, which includes omega-3 and omega-6 fatty acids, contributing to its rising popularity among health-conscious consumers seeking holistic nutrition. Lastly, Wheat Protein, with its high gluten content, is essential for the production of meat analogues and is often incorporated into various baked goods and snacks. The continuous innovation and developments in these plant protein sources are spurred by growing trends in vegetarianism and veganism, as well as the increasing consumption of protein-rich foods. As consumer awareness of sustainability rises, these protein sources present a viable alternative to animal-based proteins, appealing to the environmentally conscious consumer base in the US. The diverse characteristics of these proteins not only support a variety of product formulations but also reflect the evolutionary nature of the US Plant-Based Protein Market, which continues to gain traction across diverse consumer segments. The growth trajectory in this Source segment highlights its importance as a key driver in the overall market’s expansive potential.


US Plant Based Protein Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Plant-Based Protein Market Form Insights



The US Plant-Based Protein Market has been experiencing significant growth, driven by rising health consciousness and the demand for sustainable food sources. Within the Form segment, products such as Isolates, Concentrates, Textured Protein, and Hydrolysates play a critical role in catering to the diverse preferences of consumers. Isolates are known for their high protein content and are often used in sports nutrition products, appealing to health-conscious individuals. Concentrates tend to offer a good balance of protein and other nutrients, making them a popular choice for various food and beverage applications.Textured Protein is significant for its meat-like texture, which allows it to easily replace animal protein in many dishes, attracting flexitarians and vegetarians alike. Hydrolysates, with their fast absorption rates, serve both athletes and individuals seeking easy-digestible protein options. Industry trends indicate a shift towards more plant-based alternatives in response to consumer demands for sustainability, nutrient density, and innovative food solutions. As the market matures, each of these Forms will continue to play a vital role in shaping the landscape of the US Plant-Based Protein Market, highlighting the collaborative synergy of these varied protein sources.

Plant-Based Protein Market Application Insights



The US Plant-Based Protein Market is experiencing notable growth across various applications, highlighting a broad range of consumer preferences and industry adaptations. The food and beverages sector is witnessing a surge in demand as more consumers seek healthier, protein-rich options that align with plant-based diets. This trend is driven by increasing health consciousness and the desire for sustainable food sources. Nutritional supplements also represent a critical application, particularly as fitness and wellness movements gain momentum; consumers often look for alternative protein sources that support their dietary needs without compromising their ethical values.Additionally, the animal feed segment plays an essential role in sustainable livestock management practices as producers look for plant-based inputs to improve animal health and reduce environmental impact. These applications not only reflect a shift in consumer behavior but also underscore the potential for innovative product development. This growing emphasis on plant-based options is reshaping the US Plant-Based Protein Market segmentation, influencing how the industry responds to dietary trends while promoting sustainability and health-conscious choices.

Plant-Based Protein Market End Use Insights



The US Plant-Based Protein Market has seen significant growth across various end uses, including residential, commercial, and institutional applications. The residential segment is prevalent, driven by increasing consumer interest in health and wellness, with many households integrating plant-based proteins into their daily diets as a source of nutrition. Meanwhile, the commercial sector, encompassing restaurants and foodservice operations, is capitalizing on the trend by offering innovative menu items featuring plant-based proteins, appealing to a broader customer base focused on sustainability and dietary preferences.The institutional segment, which includes schools, hospitals, and government facilities, is also embracing plant-based solutions. This shift can be attributed to initiatives aimed at promoting healthier eating habits while addressing environmental concerns. With evolving consumer behaviors and regulatory support for healthier eating practices, all three segments within the US Plant-Based Protein Market are positioned to drive growth, meeting rising demand for alternative protein sources and supporting market expansion as a whole.

US Plant-Based Protein Market Key Players and Competitive Insights:


The US Plant-Based Protein Market has been experiencing significant growth, fueled by a rising consumer interest in sustainability, health, and ethical dietary choices. This growth has led to an increasingly competitive landscape with numerous players vying for market share. The market is characterized by a diverse array of products ranging from plant-based burgers and sausages to protein powders and dairy alternatives. Companies are constantly innovating by developing new flavors, ingredients, and formulations to cater to the ever-evolving tastes and preferences of consumers. In addition, strategic partnerships, effective marketing campaigns, and a focus on sustainability practices have become essential for brands looking to establish themselves and gain a loyal customer base in this dynamic environment.Impossible Foods has made a notable impact within the US Plant-Based Protein Market by positioning itself as a pioneer in producing innovative plant-based alternatives that closely mimic the taste and texture of meat. The company's flagship product, the Impossible Burger, has become widely recognized and frequently appears in restaurants across the country. Impossible Foods emphasizes its science-driven approach, utilizing ingredients like soy protein and heme to create products that appeal to both vegans and omnivores alike. The strong partnerships with food service operators and retailers have bolstered its market presence, and the brand is known for its effective marketing strategies focusing on sustainability and healthier diets. Additionally, Impossible Foods continuously invests in research and development to maintain its competitive edge by expanding its product offerings and exploring new market segments.Beyond Meat has established itself as a formidable competitor in the US Plant-Based Protein Market with an extensive range of innovative products including burgers, sausage, and meatballs that cater to a wide variety of consumer preferences. The company has successfully positioned its offerings as premium products in the plant-based category, gaining traction not only in retail but also within food service, partnering with various major fast food chains and grocery stores nationwide. Beyond Meat’s strengths lie in its recognized quality, taste, and its commitment to sustainability, which resonates with an environmentally conscious consumer base. The company has pursued strategic partnerships and collaborations, enhancing its distribution network and visibility in the market. Beyond Meat has also engaged in mergers and acquisitions aimed at improving its operations and expanding its footprint, reflecting its ambition to become a leader in the plant-based sector in the US.


Key Companies in the US Plant-Based Protein Market Include:

Impossible Foods


Beyond Meat


MorningStar Farms


Blue Diamond Growers


Tyson Foods


Nestle


Quorn Foods


Bunge Limited


Field Roast


Silk


Earth Balance


Marfrig Global Foods


Oatly


Hain Celestial


US Plant-Based Protein Market Industry Developments


The US Plant-Based Protein Market has been experiencing notable developments recently, with companies such as Impossible Foods and Beyond Meat continuing to innovate and expand their product lines amidst increasing consumer demand. In September 2023, Impossible Foods announced the launch of a new line of plant-based meats aimed at improving flavor and texture, leveraging advancements in food science. Meanwhile, Beyond Meat reported a significant increase in their market valuation, attributed to strategic partnerships with major food retailers, enhancing their distribution network. In terms of mergers and acquisitions, Tyson Foods announced an acquisition of a minority stake in Beyond Meat in August 2023, signaling a growing interest in plant-based alternatives from traditional meat producers. Additionally, Bunge Limited made headlines when it acquired a plant-based ingredients company, enhancing its portfolio focused on sustainable food production in July 2023. Market dynamics are shifting, with growing investments in Research and Development and an increasing emphasis on sustainable practices. The overall growth is positively impacting the US economy, as more consumers shift towards plant-based diets, aligning with health and environmental trends noted by the US Department of Agriculture.


US Plant-Based Protein Market Segmentation Insights

Plant-Based Protein Market Source Outlook


Soy Protein


Pea Protein


Rice Protein


Hemp Protein


Wheat Protein

Plant-Based Protein Market Form Outlook


Isolates


Concentrates


Textured Protein


Hydrolysates

Plant-Based Protein Market Application Outlook


Food Beverages


Nutritional Supplements


Animal Feed

Plant-Based Protein Market End Use Outlook


Residential


Commercial


Institutional

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 2.84(USD Billion)
MARKET SIZE 2024 3.6(USD Billion)
MARKET SIZE 2035 8.2(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.771% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Impossible Foods, Beyond Meat, MorningStar Farms, Blue Diamond Growers, Tyson Foods, Nestle, Quorn Foods, Bunge Limited, Field Roast, Silk, Earth Balance, Marfrig Global Foods, Oatly, Hain Celestial
SEGMENTS COVERED Source, Form, Application, End Use
KEY MARKET OPPORTUNITIES Increased consumer health awareness, Rising demand for sustainable foods, Expansion in foodservice applications, Growth in plant-based snacks, Innovation in protein sources
KEY MARKET DYNAMICS increasing health awareness, rising vegan population, sustainability concerns, product innovation, expanding distribution channels
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

In 2024, the US Plant-Based Protein Market is expected to be valued at 3.6 USD billion.

By 2035, the market is projected to reach a value of 8.2 USD billion.

The expected CAGR for the US Plant-Based Protein Market from 2025 to 2035 is 7.771%.

In 2024, soy protein dominates the market, valued at 0.96 USD billion.

The market value of pea protein is expected to reach 1.968 USD billion by 2035.

Major players include Impossible Foods, Beyond Meat, MorningStar Farms, and Tyson Foods.

Rice protein is projected to reach a market value of 1.476 USD billion by 2035.

The hemp protein segment is expected to be valued at 0.48 USD billion in 2024.

Emerging health trends significantly drive the demand for plant-based protein products.

Wheat protein is anticipated to have a market value of 1.558 USD billion by 2035.

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