CompareMarketResearchRequest a sample
Home / Food and Beverage / Plant Based Protein

Food and Beverage · Market report

Plant Based Protein Market Size, Share and Forecast 2026-2036

The global plant based protein market is worth USD 13.5 bn in 2026 and is forecast to reach USD 30.5 bn by 2036, growing at a 8.5% CAGR. United States is the largest country market and Soy is the largest by source segment.

USD 13.5 bnMarket size 2026
USD 30.5 bnForecast 2036
8.5%CAGR 2026-2036
United StatesLargest country

Request a free sample Jump to the forecast

Report price: Starts from USD 1,999

5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global plant based protein market is worth USD 13.5 bn in 2026 and is forecast to reach USD 30.5 bn by 2036, growing at a 8.5% CAGR. United States is the largest country market and Soy is the largest by source segment.

ScopeProtein ingredients extracted from soy, pea, wheat, canola, rice, potato and other plants, sold as isolates, concentrates and textured forms for food, beverages and nutrition.
IndustryFood and Beverage
Value 2025USD 12.5 bn
Value 2026USD 13.5 bn
Value 2036USD 30.5 bn
CAGR 2026-20368.5%
Volume 20263,321,429 tonnes
Volume 20366,934,529 tonnes
Average price 2026USD 4,065 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

Request a free sample of this report

Plant Based Protein market size and forecast, 2026-2036

Exhibit 1The global plant based protein market is forecast to grow from USD 13.5 bn in 2026 to USD 30.5 bn by 2036, more than doublingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 8.5%
Plant Based Protein market value, 2025 to 2036Market value by year. 2025: USD 12.5 bn; 2026: USD 13.5 bn; 2027: USD 14.6 bn; 2028: USD 15.9 bn; 2029: USD 17.2 bn; 2030: USD 18.7 bn; 2031: USD 20.3 bn; 2032: USD 22.0 bn; 2033: USD 23.9 bn; 2034: USD 25.9 bn; 2035: USD 28.1 bn; 2036: USD 30.5 bn. Compound annual growth rate 2026 to 2036: 8.5%.202513.5 bn202620.3 bn203130.5 bn20368.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 13.5 bn
2027USD 14.6 bn
2028USD 15.9 bn
2029USD 17.2 bn
2030USD 18.7 bn
2031USD 20.3 bn
2032USD 22.0 bn
2033USD 23.9 bn
2034USD 25.9 bn
2035USD 28.1 bn
2036USD 30.5 bn

Plant Based Protein market segmentation

By source

Exhibit 2Soy is the largest segment by source, with 46.0% of 2026 revenueEstimated share of 2026 global revenue, by source
Plant Based Protein market share by source, 2026Share of 2026 revenue by source. Soy: 46.0%; Pea: 18.0%; Wheat: 16.0%; Rice and potato: 7.0%; Other plant sources: 7.0%; Canola and sunflower: 6.0%.Soy46.0%Pea18.0%Wheat16.0%Rice and potato7.0%Other plant sources7.0%Canola and sunflower6.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Soy46.0%35.5%USD 6.2 bn5.7%
Pea18.0%26.3%USD 2.4 bn12.7%
Wheat16.0%12.9%USD 2.2 bn6.2%
Rice and potato7.0%7.1%USD 945 mn8.7%
Canola and sunflower6.0%9.6%USD 810 mn13.7%
Other plant sources7.0%8.6%USD 945 mn10.7%

By form

Exhibit 3Concentrates adds the most revenue by form, growing from USD 5.5 bn in 2026 to USD 12.0 bn by 2036Estimated revenue in USD by form, 2026 and 2036 forecast
Plant Based Protein market by form, 2026 and 2036Revenue by form in 2026 and 2036. Concentrates: USD 5.5 bn in 2026, USD 12.0 bn in 2036, change +117%; Isolates: USD 4.6 bn in 2026, USD 10.4 bn in 2036, change +128%; Textured protein: USD 3.4 bn in 2026, USD 8.0 bn in 2036, change +138%.20262036 forecastChangeConcentrates+117%5.5 bn12.0 bnIsolates+128%4.6 bn10.4 bnTextured protein+138%3.4 bn8.0 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Isolates34.0%34.2%USD 4.6 bn8.6%
Concentrates41.0%39.4%USD 5.5 bn8.1%
Textured protein25.0%26.4%USD 3.4 bn9.1%

By application

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Meat and dairy alternatives36.0%42.6%USD 4.9 bn10.3%
Bakery and snacks18.0%14.7%USD 2.4 bn6.3%
Sports and clinical nutrition20.0%19.7%USD 2.7 bn8.3%
Beverages14.0%13.2%USD 1.9 bn7.8%
Other foods12.0%9.8%USD 1.6 bn6.3%

By protein content

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Below 60 percent36.0%30.0%USD 4.9 bn6.5%
60 to 80 percent28.0%28.0%USD 3.8 bn8.5%
Above 80 percent36.0%42.0%USD 4.9 bn10.2%

By extraction process

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Wet extraction54.0%50.0%USD 7.3 bn7.7%
Dry fractionation28.0%29.0%USD 3.8 bn8.9%
Fermentation and enzymatic18.0%21.0%USD 2.4 bn10.2%

Top 25 countries for plant based protein by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 77.5% of 2026 revenue and the 25 countries below together hold 92.3%.

Exhibit 4United States is the largest country market at USD 3.5 bn in 2026, and the three largest countries hold 48.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Plant Based Protein market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 3.5 bn, 26.0%; China: USD 2.2 bn, 16.0%; Germany: USD 810 mn, 6.0%; Japan: USD 810 mn, 6.0%; United Kingdom: USD 675 mn, 5.0%; France: USD 608 mn, 4.5%; India: USD 540 mn, 4.0%; Brazil: USD 472 mn, 3.5%; Netherlands: USD 472 mn, 3.5%; Canada: USD 405 mn, 3.0%.United States3.5 bn 26.0%China2.2 bn 16.0%Germany810 mn 6.0%Japan810 mn 6.0%United Kingdom675 mn 5.0%France608 mn 4.5%India540 mn 4.0%Brazil472 mn 3.5%Netherlands472 mn 3.5%Canada405 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 3.5 bn26.0%USD 7.8 bn8.3%
2ChinaUSD 2.2 bn16.0%USD 5.3 bn9.3%
3GermanyUSD 810 mn6.0%USD 1.6 bn7.4%
4JapanUSD 810 mn6.0%USD 1.5 bn6.3%
5United KingdomUSD 675 mn5.0%USD 1.4 bn7.8%
6FranceUSD 608 mn4.5%USD 1.2 bn7.2%
7IndiaUSD 540 mn4.0%USD 1.6 bn11.4%
8BrazilUSD 472 mn3.5%USD 1.1 bn8.8%
9NetherlandsUSD 472 mn3.5%USD 1.0 bn7.9%
10CanadaUSD 405 mn3.0%USD 916 mn8.5%
11BelgiumUSD 383 mn2.8%USD 913 mn9.1%
12DenmarkUSD 256 mn1.9%USD 607 mn9.0%
13ItalyUSD 197 mn1.5%USD 467 mn9.0%
14SpainUSD 162 mn1.2%USD 385 mn9.0%
15AustraliaUSD 139 mn1.0%USD 330 mn9.0%
16South KoreaUSD 123 mn0.9%USD 290 mn9.0%
17RussiaUSD 111 mn0.8%USD 262 mn9.0%
18ThailandUSD 100 mn0.7%USD 272 mn10.5%
19SingaporeUSD 92 mn0.7%USD 220 mn9.1%
20MexicoUSD 85 mn0.6%USD 201 mn9.0%
21PolandUSD 80 mn0.6%USD 189 mn9.0%
22SwedenUSD 74 mn0.6%USD 177 mn9.1%
23SwitzerlandUSD 70 mn0.5%USD 168 mn9.1%
24IndonesiaUSD 66 mn0.5%USD 180 mn10.5%
25IsraelUSD 63 mn0.5%USD 150 mn8.9%
Rest of worldUSD 1.0 bn7.7%USD 2.2 bn7.9%
Exhibit 5United States and China account for 44% of the USD 17.0 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Plant Based Protein market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 13.5 bn. United States: +USD 4.3 bn; China: +USD 3.1 bn; India: +USD 1.0 bn; Germany: +USD 838 mn; United Kingdom: +USD 760 mn; 20 other countries: +USD 5.8 bn; Rest of world: +USD 1.2 bn. Market value 2036: USD 30.5 bn.Market value 202613.5 bnUnited States+4.3 bnChina+3.1 bnIndia+1.0 bnGermany+838 mnUnited Kingdom+760 mn20 other countries+5.8 bnRest of world+1.2 bnMarket value 203630.5 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • ADM
  • Cargill
  • Roquette
  • Ingredion
  • Kerry Group
  • DSM-Firmenich
  • Bunge

Group 2: Regional and specialist players

  • Beneo
  • Cosucra
  • Glanbia
  • Axiom Foods
  • Shandong Yuwang
  • Vestkorn
  • Gushen Biotechnology
  • Sotexpro
  • AGT Food and Ingredients

Group 3: Emerging and niche players

  • Puris
  • Burcon NutraScience
  • Verdient Foods
  • Prolupin
  • Plantible Foods
  • Nutriati

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the plant based protein market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 8.5% is calculated from the resulting values.

The market is divided by source, by form, by application, by protein content, by extraction process. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the plant based protein market?

The global plant based protein market is estimated at USD 12.5 bn in 2025 and USD 13.5 bn in 2026.

How fast will the plant based protein market grow?

It is forecast to reach USD 30.5 bn by 2036, a compound annual growth rate of 8.5% from 2026, an increase of USD 17.0 bn.

Which country is the largest market for plant based protein?

United States is the largest market by revenue at USD 3.5 bn in 2026, 26.0% of the global total. The three largest countries together hold 48.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 11.4% a year from 2026 to 2036.

Which plant based protein segment is largest?

In the by source split, Soy is the largest segment with 46.0% of 2026 revenue.

Who are the leading plant based protein companies?

Global leaders include ADM, Cargill, Roquette, Ingredion.

Need the full report?

Request a sample to see the structure, tables and country detail.

Request a free sample

Related markets in Food and Beverage

← Plant Based Milk Plant Peptides →

All Food and Beverage markets →

Request a sample