The Global Plant-based Protein Market was valued at USD 13.8 Billion in 2023 and is projected to reach USD 25.7 Billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 8.1% during the forecast period (2023–2031). This robust growth is being driven by increasing consumer demand for sustainable nutrition, rising health consciousness, growing vegan and flexitarian populations, and significant technological advancements in protein extraction and formulation.
As the global food industry shifts toward more sustainable and ethical protein sources, the spotlight is on the key manufacturers and innovators who are driving product development, supply chain efficiency, and market expansion. In this blog, we profile the Top 10 Companies in the Plant-based Protein Industry—a mix of agricultural giants, ingredient specialists, and sustainability pioneers shaping the future of global nutrition.
🔟 1. ADM (Archer-Daniels-Midland Company)
Headquarters: Chicago, Illinois, USA
Key Offering: Soy protein, pea protein, textured vegetable protein, specialty ingredients
ADM is a global leader in agricultural processing and ingredient manufacturing, with a comprehensive portfolio of plant-based proteins. The company serves food, beverage, and animal nutrition markets worldwide, leveraging its extensive supply chain and R&D capabilities to develop innovative protein solutions.
Innovation Initiatives:
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Expansion of pea protein production capacity
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Development of proprietary protein blending technologies
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Strategic partnerships with food manufacturers and retailers
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9️⃣ 2. Cargill, Incorporated
Headquarters: Minneapolis, Minnesota, USA
Key Offering: Soy protein, wheat protein, pea protein, canola protein
Cargill is one of the world’s largest agricultural companies with significant investments in plant-based protein production. The company offers a diverse range of protein ingredients for food manufacturers, foodservice providers, and retail brands across multiple continents.
Innovation Initiatives:
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Investment in pea protein processing facilities
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Development of clean-label protein solutions
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Sustainability programs across supply chains
8️⃣ 3. DuPont Nutrition & Biosciences
Headquarters: Wilmington, Delaware, USA
Key Offering: Soy protein isolates, pea protein, specialty protein blends
DuPont Nutrition & Biosciences (now part of IFF) provides advanced protein solutions for the food and beverage industry. The company’s expertise in protein functionality and application helps manufacturers create superior plant-based products with improved texture and nutritional profiles.
Innovation Initiatives:
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Proprietary protein extraction technologies
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Custom protein solutions for specific applications
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R&D focus on improving sensory properties
7️⃣ 4. Kerry Group
Headquarters: Tralee, Ireland
Key Offering: Pea protein, rice protein, fermented plant proteins, protein blends
Kerry Group is a leading taste and nutrition company with extensive capabilities in plant-based protein development. The company offers integrated solutions that combine proteins with flavors, textures, and nutritional enhancements for optimal product performance.
Innovation Initiatives:
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Expansion of protein application centers globally
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Development of proprietary protein fermentation processes
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Sustainable sourcing programs
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6️⃣ 5. Roquette Frères
Headquarters: Lestrem, France
Key Offering: Pea protein, wheat protein, fava bean protein, specialty ingredients
Roquette is a global leader in plant-based ingredients and a pioneer in pea protein production. The company operates one of the world’s largest pea protein facilities and continues to expand its capacity to meet growing demand for plant-based proteins.
Innovation Initiatives:
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World’s largest pea protein production facility
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Investment in new protein sources (fava bean, chickpea)
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Collaboration with food startups and established brands
5️⃣ 6. Ingredion Incorporated
Headquarters: Westchester, Illinois, USA
Key Offering: Pea protein, rice protein, pulse proteins, texture solutions
Ingredion is a leading global ingredient solutions provider with a strong focus on plant-based proteins. The company offers a comprehensive portfolio of protein ingredients and complementary solutions that help manufacturers create successful plant-based products.
Innovation Initiatives:
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Expansion of pulse protein capabilities
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Development of protein-texture systems
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Technical support and application expertise
4️⃣ 7. Wilmar International Limited
Headquarters: Singapore
Key Offering: Soy protein, rice protein, specialty plant proteins
Wilmar International is one of Asia’s leading agribusiness groups with significant operations in oilseeds processing and ingredient manufacturing. The company leverages its agricultural processing expertise to produce high-quality plant proteins for global markets.
Innovation Initiatives:
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Vertical integration from farm to finished ingredients
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Expansion of protein application research
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Sustainable agriculture programs
3️⃣ 8. PURIS Proteins
Headquarters: Minneapolis, Minnesota, USA
Key Offering: Pea protein, organic plant proteins, specialty blends
PURIS is a vertically integrated plant protein company specializing in pea protein production. The company controls the entire supply chain from seed breeding to finished ingredient, ensuring quality, traceability, and sustainability throughout its operations.
Innovation Initiatives:
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Proprietary pea varieties optimized for protein production
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Expansion of production capacity
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Focus on organic and non-GMO ingredients
2️⃣ 9. BENEO GmbH
Headquarters: Mannheim, Germany
Key Offering: Rice protein, wheat protein, specialty ingredients
BENEO is a leading manufacturer of functional ingredients derived from natural sources. The company’s plant protein offerings are complemented by its expertise in carbohydrates and other functional ingredients, providing comprehensive solutions for food manufacturers.
Innovation Initiatives:
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Investment in protein application research
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Development of clean-label protein solutions
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Focus on nutritional enhancement
1️⃣ 10. DSM (Royal DSM NV)
Headquarters: Heerlen, Netherlands
Key Offering: Specialty plant proteins, protein blends, nutritional solutions
DSM is a global science-based company active in health, nutrition, and sustainable living. The company offers innovative plant protein solutions and technical expertise to help food manufacturers create successful plant-based products with improved nutritional profiles.
Innovation Initiatives:
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Development of advanced protein technologies
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Nutritional optimization solutions
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Sustainability and circular economy programs
Get Full Report Here: https://www.24chemicalresearch.com/reports/232794/plantbased-protein-market-2023-2031-782
🌍 Outlook: The Future of Plant-based Protein Is Innovative and Sustainable
The plant-based protein market is experiencing unprecedented growth and transformation. While traditional soy and wheat proteins continue to dominate, the industry is rapidly diversifying into new protein sources and developing advanced processing technologies to improve functionality and sustainability.
📈 Key Trends Shaping the Market:
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Diversification into novel protein sources (pea, fava bean, chickpea, lentil)
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Advancements in extraction and purification technologies
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Growing demand for clean-label and organic protein ingredients
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Expansion into new application areas beyond meat alternatives
Get Full Report Here: https://www.24chemicalresearch.com/reports/232794/plantbased-protein-market-2023-2031-782
The companies listed above are not only supplying essential ingredients—they’re driving the nutrition transformation toward more sustainable and health-conscious food systems worldwide.
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