The Protein Market report segments the industry into Source (Animal, Microbial, Plant), End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements), and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Includes five years of historical data and five-year market forecasts.

In 2022, the global protein market was valued at over 27.5 billion U.S. dollars. The market is forecast to value around 47.4 billion U.S. dollars by 2030.

Plant based food market

Food items within the plant based food market are made of soy, wheat, and vegetables, and can be expressed in different ways. In the United States, the largest driver of plant based food sales are milk alternatives. In 2019, milk alternatives generated more in sales than all other plant based food categories (such as meat, cheese, and yogurt alternatives) combined. That year, the plant based food market within the United States was reported to value 5 billion U.S. dollars, and saw significantly higher growth that year compared to all other food retail. In Europe and Russia, the plant based food market was projected to double its value between 2013 and 2022 to almost 15 billion Euros.

Plant based food demand/consumption worldwide

In recent years, the plant based food market has seen a significant increase in global demand due to the changing dietary preferences amongst Western consumers. Reasons cited by American and European consumers seeking plant based food say that they want a healthier diet, less dependence on animal products, and a more sustainable lifestyle. In 2019, more than half of respondents in the United States had tried a plant-based „meat“. However, not all consumers are willing to replace meat entirely with plant based alternatives.

The United States Protein Market is segmented by Source (Animal, Microbial, Plant) and by End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements). Market value in USD and market volume in tonnes are presented. Key data points observed include the market volume of end-user segments, per capita consumption, and raw material production.

The global plant based protein market size reached USD 16.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 29.9 Billion by 2033, exhibiting a growth rate (CAGR) of 6.55% during 2025-2033. The rising popularity of sustainable food sources, along with the growing number of hotels, restaurants, cafes, etc., which are incorporating plant-based protein to curate various food items in their menus, is primarily driving the global market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 16.9 Billion
Market Forecast in 2033	USD 29.9 Billion
Market Growth Rate (2025-2033)	6.55%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on source, type, nature, and application.

The United Kingdom Protein Market is segmented by Source (Animal, Microbial, Plant) and by End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements). Market value in USD and market volume in tonnes are presented. Key data points observed include the market volume of end-user segments, per capita consumption, and raw material production.

The United States Plant Protein Market report segments the industry into Protein Type (Hemp Protein, Pea Protein, Potato Protein, Rice Protein, Soy Protein, Wheat Protein, Other Plant Protein) and End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements). The report includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects.

This statistic shows the market size of the whey protein market from 2022 to 2032. In 2022, the global whey protein market was valued at approximately 19.6 billion U.S. dollars and is forecast to reach 40.3 billion U.S. dollars by 2032.

The global egg protein market value in the year 2025 is determined to be USD 10,126 Million. For the year 2035, the Market is projected to reach USD 19,009 Million at a CAGR of 6.5%.

Metric	Value
Market Size in 2025	USD 10,126 Million
Projected Market Size in 2035	USD 19,009 Million
CAGR (2025 to 2035)	6.5%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
USA	6.7%

Country	CAGR (2025 to 2035)
UK	6.4%

Country	CAGR (2025 to 2035)
EU	6.5%

Country	CAGR (2025 to 2035)
Japan	6.5%

Country	CAGR (2025 to 2035)
South Korea	6.6%

Competitive Outlook

Company Name	Estimated Market Share (%)
Cargill, Incorporated	18-22%
Kewpie Corporation	12-16%
Rose Acre Farms	10-14%
Bouwhuis Enthoven	8-12%
Sanovo Technology Group	5-9%
Other Egg Protein Suppliers (combined)	30-40%

The pea protein market size is predicted to reach $1.5 billion in 2024 to $5.59 billion by 2035, growing at a CAGR of 12.71% from 2024 to 2035.

According to Cognitive Market Research, the global Whey protein market size will be USD 5569.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2227.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1670.76 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1280.92 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 278.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 111.38 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The concentrates held the highest Whey protein market revenue share in 2024.

Market Dynamics of Whey protein Market

Key Drivers for Whey protein Market

Advancements in protein processing to increase the demand globally

Advancements in protein processing have significantly boosted global demand for whey protein. Innovations such as advanced filtration techniques, including microfiltration and ultrafiltration, enhance the purity and quality of whey protein, producing higher protein content with fewer impurities. Improvements in hydrolysis technology create more digestible and bioavailable whey protein hydrolysates, catering to individuals with specific dietary needs. Additionally, the development of novel processing methods that preserve the functional and nutritional properties of whey protein drives consumer preference. These technological strides not only ensure superior product quality but also expand application versatility, fueling increased global adoption and market growth.

Growing fitness and health awareness to propel market growth

Growing fitness and health awareness is a major driver of market growth for whey protein. As more individuals prioritize health and wellness, there is increased demand for supplements that support muscle recovery, enhance performance, and aid in weight management. Fitness enthusiasts and athletes are turning to whey protein for its high-quality protein content and beneficial amino acid profile. This shift towards healthier lifestyles and preventive health measures is prompting greater consumption of whey protein products. Furthermore, increased awareness about the benefits of protein in maintaining overall health and achieving fitness goals is propelling the global market for whey protein.

Restraint Factor for the Whey protein Market

High cost of premium products to limit the sales

The high cost of premium whey protein products can significantly limit sales, particularly in price-sensitive markets. Premium whey protein isolates and hydrolysates, while offering superior purity and effectiveness, come at a higher price point compared to concentrates and lower-grade options. This elevated cost can deter budget-conscious consumers and limit product accessibility. In regions with lower disposable incomes, the price disparity between premium and economy options can restrict market penetration and growth. Consequently, the high cost of premium products creates a barrier for widespread adoption, potentially hindering overall sales and limiting the market reach of high-end whey protein offerings.

Impact of Covid-19 on the Whey protein Market

The COVID-19 pandemic had a negative impact on the whey protein market, disrupting supply chains and causing shortages of key raw materials. Lockdowns and restrictions led to factory closures and delays in production, affecting product availability and distribution. Consumer spending shifted towards essential items, reducing demand for non-essential supplements like whey protein. Additionally, the economic uncertainty and job losses during the pandemic resulted in tighter budgets, leading many to cut back on premium health products. These factors collectively dampened market growth and created challenges for both manufacturers and consumers in the whey protein sector....

The global food alternative protein market size reached USD 22.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 56.7 Billion by 2033, exhibiting a growth rate (CAGR) of 10.55% during 2025-2033. The growing awareness of health and wellness, the increasing environmental sustainability concerns, the rising demand for ethical treatment of animals, the rapid advances in food technology, and the escalating availability of alternative protein products are some of the factors propelling the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 22.0 Billion
Market Forecast in 2033	USD 56.7 Billion
Market Growth Rate 2025-2033	10.55%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on source and application.

The global whey protein market size is expected to reach USD 17.94 billion by 2032 according to a new study by Polaris Market Research

The global plant-based proteins market is set to grow US$ 24.4 Bn by 2032, with a 7.4% CAGR, driven by rising demand for plant-based meat worldwide

This statistic shows the value of the algae protein market worldwide in 2016, and provides a forecast for 2023. In 2016, the global algae protein market was valued at approximately 616 million U.S. dollars.

The market value for plant protein is forecast to be 17.4 billion U.S. dollars in 2027. Compared to the 12.2 billion the market was estimated to be worth in 2022. This would constitute an increase of over seven billion U.S. dollars.

Plant Protein
Examples of plant-based products that are particularly protein-rich are nuts, soya, tofu, tempeh, seitan, peas, beans, and chickpeas. From 2013 to 2018, there was an increase in the production of plant protein products in Europe and Russia of approximately 500,000 thousand metric tons.

Reasons for choosing plant-based products Plant-based products are becoming increasingly popular for a variety of reasons. According to a survey in India, more than half of the respondents stated that they choose plant-based food products over animal-based products because they follow a vegetarian or vegan diet. In contrast, only roughly two percent of respondents in Japan stated the same. Japanese are mainly concerned with health reasons. Among people who prefer plant-based protein over animal protein in the United States, approximately half of the survey respondents stated that they do so because of the taste.

The global dairy protein market size reached USD 15.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.87% during 2025-2033. The market is experiencing steady growth due to rising consumer awareness about health and nutrition, expansion of the fitness and wellness industry, widespread innovation in food technology, growing geriatric population, increasing disposable income, and rapid urbanization across the globe.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 15.3 Billion
Market Forecast in 2033	USD 22.0 Billion
Market Growth Rate 2025-2033	3.87%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on type, form, and application.

Global Plant-Based Proteins market size 2025 was XX Million. Plant-Based Proteins Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The wheat protein market size was estimated to be US$ 3.4 billion in 2023, with total wheat protein revenue predicted to expand at a 5.3% CAGR from 2023 to 2033, anticipated to be reaching about US$ 5.7 billion.

Report Attribute	Details
Wheat Protein Market Value (2023)	US$ 3.4 billion
Wheat Protein Market Anticipated Value (2033)	US$ 5.7 billion
Wheat Protein Market Growth Rate (2023 to 2033)	5.3% CAGR

A Glimpse of Country-wise Insights

Country	United States
CAGR (2017 to 2022)	3.6%
Valuation (2023 to 2033)	US$ 729.0 million

Country	United Kingdom
CAGR (2017 to 2022)	5.4%
Valuation (2023 to 2033)	US$ 531.6 million

Country	China
CAGR (2017 to 2022)	5.5%
Valuation (2023 to 2033)	US$ 738.0 million

Country	Japan
CAGR (2017 to 2022)	4.0%
Valuation (2023 to 2033)	US$ 230.9 million

Country	India
CAGR (2017 to 2022)	5.7%
Valuation (2023 to 2033)	US$ 426.6 million

The market size of the quinoa protein market size and forecast is categorized based on Application (Food and Beverages, Nutrition, Pharmaceuticals, Animal Feed) and Product (Organic, Conventional) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

The size and share of this market is categorized based on Soy Protein (Soy Protein Isolate, Soy Protein Concentrate, Textured Soy Protein) and Pea Protein (Pea Protein Isolate, Pea Protein Concentrate, Textured Pea Protein) and Wheat Protein (Wheat Gluten, Vital Wheat Gluten) and Rice Protein (Brown Rice Protein, White Rice Protein) and Hemp Protein (Hemp Protein Powder, Hemp Seed Protein) and Other Plant Proteins (Potato Protein, Almond Protein, Pumpkin Seed Protein) and geographical regions (North America, Europe, Asia-Pacific, South America, Middle-East and Africa).