The textured vegetable protein market is projected to grow from USD 1.88 billion in 2025 to USD 2.65 billion by 2030, registering a CAGR of 7.1% during the forecast period.
Textured vegetable protein, commonly known as TVP, is emerging as a key player in the expanding plant-based protein industry. Growing health awareness, changing dietary preferences, and rising environmental concerns are driving consumers toward plant-based alternatives. TVP, known for its high protein content, is primarily derived from soybeans, peas, and wheat. It is widely used as a meat substitute or extender in products such as meat analogs, snacks, baked goods, and ready-to-eat meals.
TVP’s ability to closely mimic the texture and mouthfeel of meat while offering a nutritious and cost-effective solution makes it a valuable ingredient in plant-based diets. Technological advancements in food processing and a growing demand for sustainable and allergen-friendly proteins have significantly boosted the market’s expansion.
As global consumers increasingly prioritize health, sustainability, and ethical food choices, the textured vegetable protein market is expected to witness robust growth across both developed and emerging economies.
Top 10 Companies in the Textured Vegetable Protein Market
- ADM (US)
- Cargill, Incorporated (US)
- Roquette Frères (France)
- Ingredion (US)
- Shandong Yuxin Bio-Tech Co., Ltd. (China)
- DSM (Netherlands)
- The Scoular Company (US)
- Beneo (Germany)
- International Flavors & Fragrances, Inc. (US)
- MGP (US)
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ADM (US)
ADM is a leading player in the textured vegetable protein market, leveraging its extensive soybean processing infrastructure and plant-based innovation capabilities. The company focuses on sustainable protein ingredients and offers a diverse range of TVP products designed for meat alternatives, snacks, and ready meals. ADM’s investment in research and development supports its goal to meet the rising demand for clean-label and high-protein meat substitutes.
Cargill, Incorporated (US)
Cargill plays a key role in the textured vegetable protein market with its emphasis on plant-based nutrition and innovation. By expanding its product line in textured soy proteins and other vegetable-based solutions, the company is actively supporting food manufacturers seeking sustainable alternatives. Cargill’s partnerships and investments in plant-based startups further reinforce its strategic presence in this growing sector.
Roquette Frères (France)
Roquette is a significant European contributor, offering a wide portfolio of pea- and wheat-based TVP products. The company focuses on nutrition and sustainability, aligning with consumer preferences for non-GMO, allergen-free, and clean-label protein alternatives. Roquette’s expertise in plant-based solutions supports its strong foothold across the textured vegetable protein market and the broader food and beverage industry.
Ingredion (US)
Ingredion is actively involved in shaping plant-based nutrition with its broad offering of protein-rich ingredients. Through its proprietary TVP and pulse-based protein technologies, Ingredion enables food brands to develop plant-forward products with desirable taste and texture. Its acquisition of plant-based firms and global production footprint reinforces its position in the textured vegetable protein market.
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Shandong Yuxin Bio-Tech Co., Ltd. (China)
Shandong Yuxin Bio-Tech is a notable Asian manufacturer, primarily focusing on soy protein products. With a strong presence in the domestic and international markets, the company is known for cost-effective, high-quality TVP ingredients that cater to both traditional and modern plant-based food applications. Its growing role in the textured vegetable protein market is supported by innovation in soy protein technology.
DSM (Netherlands)
DSM supports plant-based innovation through its specialty nutrition and flavor solutions. While not a direct supplier of TVP, DSM provides essential enzyme technologies, vitamins, and taste modulators that enhance the sensory and nutritional profiles of plant-based protein products. Its contributions complement the evolving demands of the textured vegetable protein market.
The Scoular Company (US)
Scoular is an emerging contributor, especially with its investments in pulse protein ingredients. The company is developing supply chain infrastructure to support alternative protein production, particularly through the sourcing and processing of peas and lentils. Scoular’s focus on transparency and sustainability aligns well with evolving consumer values in plant-based nutrition.
Beneo (Germany)
Beneo, a functional ingredient provider, supplies plant-derived fibers, starches, and proteins that enhance texture, nutrition, and digestibility. While its primary TVP offerings are limited, Beneo’s expertise in ingredients for meat alternatives and sustainable food solutions makes it a key enabler in the plant-based space.
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International Flavors & Fragrances, Inc. (US)
IFF delivers integrated solutions that include flavor, texture, and protein optimization for plant-based foods. The company’s portfolio is tailored to enhance the consumer experience of TVP-based products, making them more appealing through advanced taste and aroma profiles.
MGP (US)
MGP Ingredients specializes in wheat-based proteins and offers a variety of textured wheat protein products for meat alternatives. As part of the textured vegetable protein market, MGP focuses on clean-label, minimally processed ingredients that cater to flexitarian and vegan diets. Their legacy in grain-based solutions supports their innovation in plant protein formulations.