Global Alternative Protein Market 2023-2030

Global Alternative Protein Market 2023-2030- By Source (Plant-based Protein, Microbial-based Protein, Cultivated Protein, and Insect-based Protein); By Application (Animal Feed, Food and Beverage, Dietary Supplements, Pet Feed, Personal Care and Cosmetics, and Others); By Distribution Channel (Foodservice, Retail, and Online); By Geography (APAC, Americas, Europe, and MEA).

DESCRIPTION

Market Intelligence Summary

According to WDO Consulting, the global Alternative Protein market was valued at $XX billion 2023, which is expected to reach $XX billion by 2030, growing at a compound annual growth rate (CAGR) of XX% during 2023-2030. The growing demand for alternative protein is attributed to several factors including growing investments from venture capital and food companies, increasing popularity of plant-based diets, rising concerns about the environmental impact of traditional animal agriculture, technological advancements, and the development of new alternative protein products.

Global Alternative Protein Research Report Coverage (2023-2030)

Report coverage Details
Base year 2023
Forecast year 2030
Revenue USD million
By source (USD million)
  • Plant-based protein
  • Microbial-based protein
  • Cultivated protein
  • Insect-based protein
By application (USD million)
  • Animal feed
  • Food and beverage
  • Dietary supplements
  • Pet feed
  • Personal care and cosmetics
  • Others
By distribution channel (USD million)
  • Retail (Supermarket, grocery stores, specialty health food stores, convenience stores, and drugstores)
  • Foodservice (Fast food chains, casual dining restaurants, fine dining establishments, workplace cafeterias, school cafeterias, hospitals, and hotels)
  • Online (Manufacturers’ own websites, third-party retailers such as Amazon, subscription services such as HelloFresh)
By geography(USD million)
  • Americas-US, Canada, Mexico, Brazil, Argentina, and Rest of Americas
  • Europe-Germany, UK, France, Italy, Nordic Countries (Sweden, Norway, Denmark, Finland), and Rest of Europe
  • APAC-China, Japan, India, South Korea, and Rest of APAC
  • MEA-UAE, Saudi Arabia, Qatar, Rest of Middle East, and Africa
Market players coverage (Top 5 players market share)
  • ADM
  • Ajinomoto
  • AMCO Proteins
  • Archer Daniels Midland
  • Arla Foods amba
  • Beyond Meat
  • BRF Global
  • Cargill
  • Corbion
  • Danone
  • DSM
  • DuPont
  • Glanbia
  • Hormel Foods
  • Impossible Foods
  • Ingredion
  • JBS
  • Kerry Group
  • Maple Leaf Foods
  • Nestlé
  • Roquette Frères
  • Smithfield Foods
  • The Scoular Company
  • Tyson Foods
  • Unilever

Market Dynamics: Key drivers, trends, and challenges

  • Key market drivers
    • Growing awareness of the environmental and ethical impacts of conventional meat production
    • Concerns about the environmental impact of traditional animal agriculture
    • Technological advancements in the development of alternative protein
  • Key market trends
    • Growing partnerships among fast-food chains with alternative-protein producers
    • Increasing popularity of plant-based diets
    • The development of new alternative protein products, such as cultivated meat and insect protein
  • Key market challenges
    • Significant investment in infrastructure and technology
    • Consumer acceptance and education
    • Taste and texture replication

Key questions to be answered

1. What is the current market size of alternative protein, and what is its growth potential over the next five years?
2. What is the Compound Annual Growth Rate (CAGR) of the alternative protein market?
3. Which are the key segments covered in the alternative protein market, and which segments are experiencing the fastest growth?
4. Which geographical region offers the highest growth opportunities in the alternative protein market?
5. How is the competitive landscape evolving, and who are the key players in the alternative protein market?
6. What is the market share of the top five players in the alternative protein market?

TABLE OF CONTENTS

  • 1. Project scope
    • 1.1 Market definition
    • 1.2 Study objective
    • 1.3 Scope inclusions
    • 1.4 Scope exclusions
    • 1.5 Assumptions
    • 1.6 Limitations
  • 2. Executive summary
    • 2.1 Key findings of the study
    • 2.2 Key insights from industry experts
    • 2.3 Analyst opinion
  • 3. Research methodology
    • 3.1 Supply-side research methodology
    • 3.2 Demand-side research methodology
  • 4. Market dynamics
    • 4.1 Trends
    • 4.2 Drivers
    • 4.3 Challenges
    • 4.4 Ecosystem
    • 4.5 Use cases
    • 4.6 Market developments
      • 4.6.1 Macroeconomic factors
        • 4.6.1.1 Currency fluctuations
        • 4.6.1.2 Supply chain disruptions
        • 4.6.1.3 Government regulations
        • 4.6.1.4 Others
      • 4.6.2 Microeconomic factors
        • 4.6.2.1 Technological advancements
  • 5. Alternative protein market size and forecast, by source
    • 5.1 Revenue 2023-2030 (USD million)
    • 5.1.1 Plant-based protein
    • 5.1.2 Microbial-based protein
    • 5.1.3 Cultivated protein
    • 5.1.4 Insect-based protein
  • 6. Alternative protein market size and forecast, by application
    • 6.1 Revenue 2023-2030 (USD million)
      • 6.1.1 Animal feed
      • 6.1.2 Food and beverage
      • 6.1.3 Dietary supplements
      • 6.1.4 Pet feed
      • 6.1.5 Personal care and cosmetics
      • 6.1.6 Others
  • 7. Alternative protein market size and forecast, by distribution channel
    • 7.1 Revenue 2023-2030 (USD million)
      • 7.1.1 Foodservice
      • 7.1.2 Retail
      • 7.1.3 Online
  • 8. Alternative protein market size and forecast, by geography
    • 8.1 Americas
      • 8.1.1 US
      • 8.1.2 Canada
      • 8.1.3 Mexico
      • 8.1.4 Brazil
      • 8.1.5 Argentina
      • 8.1.6 Rest of Americas
    • 8.2 Europe
      • 8.2.1 Germany
      • 8.2.2 UK
      • 8.2.3 France
      • 8.2.4 Italy
      • 8.2.5 Nordic countries (Sweden, Norway, Denmark, Finland)
      • 8.2.6 Rest of Europe
    • 8.3 APAC
      • 8.3.1 China
      • 8.3.2 Japan
      • 8.3.3 India
      • 8.3.4 South Korea
      • 8.3.5 Rest of APAC
    • 8.4 MEA
      • 8.4.1 UAE
      • 8.4.2 Saudi Arabia
      • 8.4.3 Qatar
      • 8.4.4 Rest of Middle East
      • 8.4.5 Africa
  • 9. Competitive scenario
    • 9.1 Market concentration
    • 9.2 Top five companies market share 2023
    • 9.3 Key strategies
    • 9.4 Key investments
  • 10. Company profiles
    • 10.1 ADM
      • 10.1.1 Business overview
      • 10.1.2 Product portfolio
      • 10.1.3 Key developments
    • 10.2 Ajinomoto
      • 10.2.1 Business overview
      • 10.2.2 Product portfolio
      • 10.2.3 Key developments
    • 10.3 AMCO Proteins
      • 10.3.1 Business overview
      • 10.3.2 Product portfolio
      • 10.3.3 Key developments
    • 10.4 Archer Daniels Midland
      • 10.4.1 Business overview
      • 10.4.2 Product portfolio
      • 10.4.3 Key developments
    • 10.5 Arla Foods amba
      • 10.5.1 Business overview
      • 10.5.2 Product portfolio
      • 10.5.3 Key developments
    • 10.6 Beyond Meat
      • 10.6.1 Business overview
      • 10.6.2 Product portfolio
      • 10.6.3 Key developments
    • 10.7 BRF Global
      • 10.7.1 Business overview
      • 10.7.2 Product portfolio
      • 10.7.3 Key developments
    • 10.8 Cargill
      • 10.8.1 Business overview
      • 10.8.2 Product portfolio
      • 10.8.3 Key developments
    • 10.9 Corbion
      • 10.9.1 Business overview
      • 10.9.2 Product portfolio
      • 10.9.3 Key developments
    • 10.10 Danone
      • 10.10.1 Business overview
      • 10.10.2 Product portfolio
      • 10.10.3 Key developments
    • 10.11 DSM
      • 10.11.1 Business overview
      • 10.11.2 Product portfolio
      • 10.11.3 Key developments
    • 10.12 DuPont
      • 10.12.1 Business overview
      • 10.12.2 Product portfolio
      • 10.12.3 Key developments
    • 10.13 Glanbia
      • 10.13.1 Business overview
      • 10.13.2 Product portfolio
      • 10.13.3 Key developments
    • 10.14 Hormel Foods
      • 10.14.1 Business overview
      • 10.14.2 Product portfolio
      • 10.14.3 Key developments
    • 10.15 Impossible Foods
      • 10.15.1 Business overview
      • 10.15.2 Product portfolio
      • 10.15.3 Key developments
    • 10.16 Ingredion
      • 10.16.1 Business overview
      • 10.16.2 Product portfolio
      • 10.16.3 Key developments
    • 10.17 JBS
      • 10.17.1 Business overview
      • 10.17.2 Product portfolio
      • 10.17.3 Key developments
    • 10.18 Kerry Group
      • 10.18.1 Business overview
      • 10.18.2 Product portfolio
      • 10.18.3 Key developments
    • 10.19 Maple Leaf Foods
      • 10.19.1 Business overview
      • 10.19.2 Product portfolio
      • 10.19.3 Key developments
    • 10.20 Nestlé
      • 10.20.1 Business overview
      • 10.20.2 Product portfolio
      • 10.20.3 Key developments
    • 10.21 Roquette Frères
      • 10.21.1 Business overview
      • 10.21.2 Product portfolio
      • 10.21.3 Key developments
    • 10.22 Smithfield Foods
      • 10.22.1 Business overview
      • 10.22.2 Product portfolio
      • 10.22.3 Key developments
    • 10.23 The Scoular Company
      • 10.23.1 Business overview
      • 10.23.2 Product portfolio
      • 10.23.3 Key developments
    • 10.24 Tyson Foods
      • 10.24.1 Business overview
      • 10.24.2 Product portfolio
      • 10.24.3 Key developments
    • 10.25 Unilever
      • 10.25.1 Business overview
      • 10.25.2 Product portfolio
      • 10.25.3 Key developments
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