Plant Powerhouses- Top 10 Companies in the Plant-Based Protein Market

1. Plant Powerhouses: Top 10 Companies in the Plant-Based Protein Market

2. The Plant-based Protein Market is poised for substantial growth, with projections indicating a value of $26.45 billion by 2031, marking a significant CAGR of 8.4% during the forecast period from 2024 to 2031. This expansion is fueled by several factors including the increasing demand for protein-rich diets, surging health and wellness trends, a growing focus on meat alternatives among consumers, rising demand from the food & beverage sector, and advancements in ingredient technologies like microencapsulation. Despite these drivers, challenges such as consumer preference for animal-based products and fluctuating raw material prices may impede market progress. Moreover, the escalating consumer preference for plant-based diets, particularly in emerging economies, and the rising prevalence of intolerance to animal proteins are anticipated to create abundant growth opportunities for players in the plant-based proteins market. Among the top10 players shaping the market landscape are:https://meticulousblog.org/top-10- companies-in-plant-based-protein-market/ Here are the top 10 companies at the forefront of innovation in the Plant-based Protein Market: 1. Archer Daniels Midland (ADM) Company: Based in Illinois, U.S., ADM is a global leader in food ingredients, flavors, and nutrition products, offering a diverse range of alternative proteins sourced from soy, wheat, pea, and yeast. 2. Cargill, Incorporated: Headquartered in Minneapolis, U.S., Cargill is a prominent player in food, agriculture, financial, and industrial products and services, providing alternative proteins derived from soy, pea, wheat, and corn. 3. Roquette Frères Le Romain: Operating from Lestrem, France, Roquette Frères offers a wide array of alternative proteins, including pea protein, wheat protein, potato protein, corn protein, and Chlorella, catering to various industries globally. 4. Ingredion Incorporated: Based in Illinois, U.S., Ingredion specializes in ingredient solutions for multiple industries and offers plant-based proteins used in processed foods such as bakery products, snacks & cereals, and meat substitutes. 5. Kerry Group: Headquartered in Tralee, Ireland, Kerry Group focuses on research & development and manufactures alternative proteins used in pet food, meat & poultry, seafood, beverages, and bakery industries. 6. International Flavors & Fragrances, Inc. (IFF): With roots in New York, U.S., IFF creates, manufactures, and supplies flavors, fragrances, and cosmetic actives, offering alternative proteins for various applications. Download Free Sample Report:https://www.meticulousresearch.com/download-sample- report/cp_id=5031 7. Tate & Lyle PLC: Based in London, U.K., Tate & Lyle provides ingredients and solutions for food & beverage industries, including proteins derived from oats, wheat, and corn. Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. 8. Axiom Foods Inc.: Operating from California, U.S., Axiom Foods specializes in manufacturing and distributing protein solutions, offering organic, chemical-free, and allergen-free whole-grain brown rice protein and raw pea protein. 9. Burcon NutraScience Corporation: Headquartered in Vancouver, Canada, Burcon Nutrascience develops and manufactures functional plant-based proteins derived from peas and canola for the food & beverage industry. 10. BENEO GmbH (A Part of Südzucker AG): Based in Mannheim, Germany, BENEO develops and produces ingredients for human and animal health, offering plant-based proteins derived from rice, wheat, and faba beans. These companies are driving innovation and shaping the future of the plant-based protein market, catering to the evolving needs of consumers worldwide. About Us: We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition. Through our mixed bag of research offerings – syndicated research, custom research, and analyst engagement — we enable smart decision making to enhance business performance for global organizations. Our focus is also on finding answers to the challenging questions that global business leaders face on a daily basis. Each year, we deliver more than 300 syndicate studies and 60+ consulting projects across eight industry verticals in 20+ geographic markets. Contact Us: Meticulous Research® Email-sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com