The plant-based protein market is estimated at USD 23.89 billion in 2025 and is projected to reach USD 34.97 billion by 2030, at a CAGR of 7.9%. It is set to witness substantial growth in the coming years. The increasing interest in plant-based protein can be attributed to rising health concerns, ethical considerations, environmental consciousness, and dietary preferences. Many individuals opt for alternative protein food products due to allergies, dietary restrictions, or a desire for a healthier lifestyle. Additionally, the demand for low-calorie and low-fat options has led to the prominence of plain and unsweetened formulations within the plant-based protein market.
Top 10 Companies in the Plant-based Protein Market
- Cargill, Incorporated (US)
- ADM (US)
- Kerry Group PLC (Ireland)
- International Flavors & Fragrances Inc. (US)
- Ingredion Incorporated (US)
- Wilmar International Ltd. (Singapore)
- Roquette Frères (France)
- Glanbia PLC (Ireland)
- DSM-Firmenich (Switzerland)
- AGT Food and Ingredients (Canada)
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Cargill, Incorporated (US): Cargill is a leading innovator in the plant-based protein market, offering sustainable protein ingredients derived from peas, soy, and other plant sources. The company focuses on developing clean-label, functional proteins that enhance texture, nutrition, and taste in alternative meat, dairy, and beverage applications. Through strategic partnerships and investments in food technology, Cargill continues to support the global shift toward plant-forward diets and responsible sourcing.
ADM (US): Archer Daniels Midland (ADM) stands at the forefront of plant-based protein innovation, leveraging its vast agricultural network and ingredient expertise. The company’s comprehensive portfolio includes soy, pea, and ancient grain proteins designed for superior taste and functionality. ADM’s state-of-the-art innovation centers accelerate product development for meat and dairy alternatives, making it a key enabler of sustainable nutrition within the plant-based protein market.
Kerry Group PLC (Ireland): Kerry Group delivers integrated taste and nutrition solutions to the plant-based protein market. The company’s protein portfolio supports diverse applications—from beverages and snacks to alternative meats and dairy. Kerry emphasizes clean-label, allergen-friendly formulations and invests heavily in research to improve sensory performance, enabling brands to create plant-based products that closely mimic traditional animal-based offerings.
International Flavors & Fragrances Inc. (IFF) (US): IFF combines flavor science, functional ingredients, and protein technology to drive innovation in the plant-based protein market. The company’s plant protein solutions focus on improving texture, mouthfeel, and flavor masking in meat and dairy alternatives. By integrating biotechnology and sensory expertise, IFF helps brands overcome common challenges like off-notes and inconsistent textures in plant-based foods.
Ingredion Incorporated (US): Ingredion is a global leader in plant-based ingredient solutions, specializing in pea, lentil, and faba bean proteins. The company’s plant proteins are designed for clean-label, sustainable, and allergen-free applications. Ingredion’s investments in new protein manufacturing facilities reflect its commitment to supporting the growing consumer demand for healthy and environmentally conscious food alternatives.
Wilmar International Ltd. (Singapore): Wilmar International has expanded into plant-based protein production as part of its broader focus on sustainable food ingredients. Leveraging its integrated supply chain and oilseed processing expertise, Wilmar provides high-quality plant protein isolates and concentrates to food and beverage manufacturers across Asia and beyond. The company’s sustainability-driven approach aligns with global efforts to reduce the environmental footprint of protein production.
Roquette Frères (France): Roquette is a pioneer in pea protein innovation, supplying plant-based ingredients that support nutrition, performance, and sustainability. Its flagship product line, NUTRALYS®, is widely used in plant-based meats, nutrition bars, and dairy alternatives. Roquette’s continuous R&D investments are focused on improving texture and taste while promoting more sustainable food systems through plant-based nutrition.
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Glanbia PLC (Ireland): Glanbia has diversified its nutrition portfolio to include plant-based proteins sourced from peas, rice, and other sustainable crops. Through its Glanbia Nutritionals division, the company delivers functional protein systems optimized for sports nutrition, ready-to-drink beverages, and bakery applications. Glanbia’s expertise in ingredient science enables brands to develop high-protein, great-tasting plant-based products.
DSM-Firmenich (Switzerland): DSM-Firmenich merges biotechnology, taste modulation, and nutritional science to accelerate the development of next-generation plant-based proteins. Its ingredient portfolio enhances the taste, nutrition, and sustainability of meat and dairy alternatives. By combining DSM’s nutritional expertise with Firmenich’s flavor mastery, the company delivers holistic solutions that support the growing global demand for healthier and more sustainable protein sources.
AGT Food and Ingredients (Canada): AGT Food and Ingredients is a major global supplier of pulse-based ingredients, including lentil, pea, and chickpea proteins. The company plays a crucial role in the plant-based protein market, providing high-quality, sustainable protein flours and isolates for food and beverage applications. AGT’s vertically integrated model ensures consistent quality, traceability, and sustainability across its global operations.