Global Vegan Protein Market to 2032
Overview
The Global Vegan Protein Market is expected to reach a 18.98 USD Billion by 2032 and is projected to grow at a CAGR of 7.17% from 2025 to 2032.
Revenue, 2024 (USD Billion)
10.91
Forecast, 2032 (USD Billion)
18.98
CAGR, 2024 - 2032
7.17%
Report Coverage
Global
Global Vegan Protein Market 2018-2032 USD Billion
Global Vegan Protein Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.91 USD Billion
- Projected Market Size (2032): 18.98 USD Billion
- CAGR (2025-2032): 7.17%
Key Findings of Global Vegan Protein Market
- The Global Vegan Protein Market was valued at 18.98 USD Billion in 2024.
- The Global Vegan Protein Market is likely to grow at a CAGR of 7.17% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Dry in Form Segment accounted for the largest share of the market with a revenue of 8.67 USD Billion
- The fastest growing segment Solubility in Function Segment grew Fastest with a CAGR of 7.95% during the forecast period from 2024 to 2032.
Global Vegan Protein Market Scope
Global Vegan Protein Market Segmentation & Scope
Application
- Beverages
- Nutraceuticals and Dietary Supplements
- Cosmetics and Personal Care
- Animal Feed
- Pharmaceuticals
- Others
- Food Products
Source
- Flaxseeds Protein
- Chia Protein
- Canola Protein
- Pumpkin Seed
- Quinoa Protein
- Soy Protein
- Pea Protein
- Rice Protein
- Hemp Protein
- Spirulina
- Others
Function
- Solubility
- Emulsification
- Gelation
- Water Binding
- Foaming
- Others
Nature
- Organic
- Conventional
Form
- Liquid
- Dry
Protein Type
- Isolates
- Concentrates
- Hydrolysate
Level of Hydrolisation
- Intact
- Mildly Hydrolized
- Strongly Hydrolized
Global Vegan Protein Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 10.91 USD Billion |
| Market Value in 2032 | 18.98 USD Billion |
| CAGR (2025-2032) | 7.17% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Source,Function,Nature,Form,Protein Type,Level of Hydrolisation |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 10.91 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 2,833.91 USD Million in 2024.
Segments and Scope
-
Global Vegan Protein Market to 2032, By Application
- Food Products is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 4.92 USD Billion in the year 2024.
- Food Products is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.49 % in forecast period 2025-2032.
-
Global Vegan Protein Market to 2032, By Source
- Soy Protein is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 4.20 USD Billion in the year 2024.
- Rice Protein is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.25 % in forecast period 2025-2032.
-
Global Vegan Protein Market to 2032, By Function
- Solubility is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 3.77 USD Billion in the year 2024.
- Solubility is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.95 % in forecast period 2025-2032.
-
Global Vegan Protein Market to 2032, By Nature
- Conventional is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 6.31 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.04 % in forecast period 2025-2032.
-
Global Vegan Protein Market to 2032, By Form
- Dry is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 8.67 USD Billion in the year 2024.
- Dry is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.21 % in forecast period 2025-2032.
-
Global Vegan Protein Market to 2032, By Protein Type
- Isolates is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 6.36 USD Billion in the year 2024.
- Isolates is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.41 % in forecast period 2025-2032.
-
Global Vegan Protein Market to 2032, By Level of Hydrolisation
- Intact is the largest segment in Global Vegan Protein Market to 2032 with a revenue of 8.15 USD Billion in the year 2024.
- Intact is the Fastest growing segment in Global Vegan Protein Market to 2032 with a Growth rate of 7.25 % in forecast period 2025-2032.
Global Vegan Protein Market Company Share Analysis
| Company Name |
|
||
| Kerry Group plc. | |||
| Roquette Frères | |||
| Cargill, Incorporated | |||
| ADM | |||
| Wilmar International Ltd | |||
Global Vegan Protein Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Vegan Protein Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Vegan Protein Market is segmented based on Segmentation Application,Source,Function,Nature,Form,Protein Type,Level of Hydrolisation.
Global Vegan Protein Market was valued at USD 10.91(Revenue in USD Billion) in 2023.
Global Vegan Protein Market is projected to grow at a CAGR of 7.17% during the forecast period of 2024 to 2032.
The Dry segment is expected to dominate the Global Vegan Protein Market, holding a largest market share of 8.67 USD Billion in 2024
Global Vegan Protein Market Scope
Global Vegan Protein Market Segmentation & Scope
Application
- Beverages
- Nutraceuticals and Dietary Supplements
- Cosmetics and Personal Care
- Animal Feed
- Pharmaceuticals
- Others
- Food Products
Source
- Flaxseeds Protein
- Chia Protein
- Canola Protein
- Pumpkin Seed
- Quinoa Protein
- Soy Protein
- Pea Protein
- Rice Protein
- Hemp Protein
- Spirulina
- Others
Function
- Solubility
- Emulsification
- Gelation
- Water Binding
- Foaming
- Others
Nature
- Organic
- Conventional
Form
- Liquid
- Dry
Protein Type
- Isolates
- Concentrates
- Hydrolysate
Level of Hydrolisation
- Intact
- Mildly Hydrolized
- Strongly Hydrolized
Frequently Asked Questions
The Global Vegan Protein Market is segmented based on Segmentation Application,Source,Function,Nature,Form,Protein Type,Level of Hydrolisation.
Global Vegan Protein Market was valued at USD 10.91(Revenue in USD Billion) in 2023.
Global Vegan Protein Market is projected to grow at a CAGR of 7.17% during the forecast period of 2024 to 2032.
The estimated market value of the Global Vegan Protein Market for final year is USD 18.98 (USD Billion).
Global Vegan Protein Market Company Profiling
Frequently Asked Questions
The Global Vegan Protein Market is segmented based on Segmentation Application,Source,Function,Nature,Form,Protein Type,Level of Hydrolisation.
Global Vegan Protein Market was valued at USD 10.91(Revenue in USD Billion) in 2023.
Global Vegan Protein Market is projected to grow at a CAGR of 7.17% during the forecast period of 2024 to 2032.
The estimated market value of the Global Vegan Protein Market for final year is USD 18.98 (USD Billion).
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