The Plant-based Protein Market is estimated to grow at CAGR 14% during the forecast period 2021-2026.

The plant-based protein market is projected to grow at rapid speed Plant-based protein products are derived from plant sources such as soy, wheat, and pea. Plant-based proteins are used in protein beverages, dairy alternatives, meat alternatives, proteins bars, nutrition supplements, processed meat, poultry & seafood, bakery, food, and sports nutrition products to enhance their nutritional and functional properties, such as texturing, emulsifying, solubility, stabilizing, and binding.
The soy segment is projected to dominate the market during the forecast period. This segment is driven by the increasing popularity and rising demand for a high-protein diet among individuals. Soy protein helps to reduce the cholesterol level, improve metabolism, bone mineral density, and also decrease the risk of cancer. Soy protein isolates are used in applications such as nutritional bars, meat alternatives, bakery products, sports nutrition products, and beverages.

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1. Plant-Based Protein Market, By Source
Soy
Wheat
Pea
Others
2. Plant Based Protein Market, By Application
Protein Beverages
Dairy Alternatives
Meat Alternatives
Protein Bars
Nutrition Supplements
3. Processed Meat, Poultry & Seafoods
Bakery Products
Convenience Foods
Sports Nutritions
4. Plant Based Protein Market, By Type
Isolates
Concentrates
Protein Flour
5. Plant Based Protein Market, By Region
North America
Europe
Asia Pacific
Rest of World
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