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Alternative Protein Market Size

  • Report ID: GMI5289
  • Published Date: Jul 2022
  • Report Format: PDF

Alternative Protein Market Size

Alternative Protein Market size exceeded USD 60.45 billion in 2021 and is estimated to grow at over 18.5% CAGR between 2022 and 2028 owing to the increasing concern towards pet health, feed manufactures are coming up with the feed products with high nutritional value.


Alternative proteins are non-meat proteins that are obtained from various sources such as plants, fungi, and insects. Proteins sourced from insects, plants, and microbials are widely used to replace conventional animal-based proteins. Alternative proteins are used in dairy-free and meat-free diets such as meat analogs and various animal feed products. Consumer interest in health, ethical considerations, and minimal intake of protein calories are a few factors which is expected to boost the demand for alternative proteins.


Consumers are becoming aware of the importance of clean protein in their daily diet for energy and weight management which is anticipated to positively impact the alternative protein market growth. Surge in clean protein consumption along with increased awareness and adoption of sustainably sourced proteins by consumers is likely to fuel product demand. The alternative protein provides several health benefits such as increasing the nutritional constitution of the body and strengthening the immune system which should proliferate alternative protein market for food application which should favour market growth.


Alternative protein plays a vital role in livestock sector as it is used in feed of various animals such as poultry, swine, cattle, aquaculture, pet food, and equine. Alternative protein is a key source for animal feed application owing to high composition of amino acids and vitamins of plant-based proteins. There is a higher need for alternative protein sources for animal feed applications due to greater emphasis on lowering the overall cost of feed which is expected to drive the alternative protein market share.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global alternative protein industry size had crossed USD 60.45 billion in 2021 and is projected to record an 18.5% CAGR between 2022 and 2028 driven by the thriving focus of feed manufacturers to come up with feed products that have high nutritional value.

The microbial-based alternative protein market is expected to surpass USD 41.75 billion by 2028, ascribing to the higher adoption of sustainable sources for food and animal nutrition.

The alternative protein market share from the food application segment is likely to exceed USD 186.5 billion by 2028 due to the growing consumer awareness regarding the harmful health effects of meat & meat products.

The alternative protein market in North America had crossed USD 10 billion in 2021 and is poised to observe a 17.5% growth rate through 2028 owing to the increasing need for nutritious ingredients and the growing consumer attention toward preventive healthcare.

Alternative Protein Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 39
  • Tables & Figures: 761
  • Countries covered: 22
  • Pages: 540
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