(MENAFN- GlobeNewsWire - Nasdaq) The global Alternative Protein Market, valued at USD 91 billion in 2025, is projected to grow at a CAGR of 18.4%, reaching USD 417.1 billion by 2034. The demand for sustainable, plant-based nutrition drives this growth, supported by advancements in food tech. Regulatory approvals and rising consumer awareness further catalyze market expansion. However, challenges like high production costs remain. Regional insights cover North America, Europe, Asia-Pacific, and more. Unlock strategic insights on market and product diversification, targeted towards executives and stakeholders keen on capturing opportunities in this evolving sector.

Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Alternative Protein Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges" has been added to ResearchAndMarkets.com's offering.

The global Alternative Protein Market is poised for unprecedented growth, valued at USD 91 billion in 2025, with forecasts reaching USD 417.1 billion by 2034, driven by a CAGR of 18.4%. This surge is attributed to the global shift towards sustainable and plant-based nutrition, as consumers increasingly prioritize environmental conservation, animal welfare, and protein-rich diets.

The market's dynamism is enhanced by alternative proteins such as plant-based, insect-based, mycoprotein, and lab-grown meat. These proteins are transforming food processing technologies, bolstered by consumer health consciousness and substantial investments from major food and beverage industries and innovative startups. The market's expansion is further propelled by the popularity of plant-based proteins like soy, pea, and wheat, alongside cultivated meat gaining regulatory approvals globally. This has facilitated the commercialization and scalability of production, significantly reducing manufacturing costs.

Looking to the future, the Alternative Protein Market is expected to flourish as consumer demand gravitates towards ethical and sustainable food options. Innovations such as precision fermentation and AI-driven food formulation are set to revolutionize product accessibility and affordability. Governments worldwide are anticipated to implement policies to promote sustainable protein sources, addressing climate change and food security challenges. Nevertheless, hurdles like regulatory approvals, production expenses, and hesitance towards lab-grown meat may temper widespread market adoption.

Key Attributes:

Report Attribute	Details
No. of Pages	150
Forecast Period	2025 - 2034
Estimated Market Value (USD) in 2025	$91 Billion
Forecasted Market Value (USD) by 2034	$417.1 Billion
Compound Annual Growth Rate	18.4%
Regions Covered	Global

Key Trends

• Surging demand for plant-based proteins, especially soy, pea, and chickpea.
• Significant advancements in cellular agriculture and lab-grown meat technologies.
• Increased interest in insect-based proteins as sustainable alternatives.
• Expansion of fermentation-derived proteins, such as mycoproteins and algae-based options.
• Technological innovations enhancing taste and texture of alternative protein products.

Market Drivers

• Rising consumer awareness of the health and sustainability benefits of alternative proteins.
• Substantial investment from food tech startups and venture capital firms fueling innovation.
• Government initiatives advocating alternative protein sources to ensure food security.
• Growing demand from flexitarian and vegetarian populations seeking protein alternatives.

Market Challenges

• High production costs and scalability challenges limiting widespread adoption.

Market Segmentation

• By Source: Plant-Based, Insect-Based, Microbial-Based, Other Sources.
• By Form: Dry, Liquid.
• By Application: Food and Beverage, Cattle, Aquaculture, Animal Feed, Pet Food, Equine, Other Applications.
• By Geography: North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America.

Companies Featured

• Cargill Incorporated
• Archer-Daniels-Midland Company
• CHS Inc.
• International Flavors & Fragrances Inc.
• Kerry Group plc
• Ingredion Incorporated
• DIC Corporation
• Glanbia Plc
• Roquette Freres SA
• Tate & Lyle Plc
• Corbion NV
• Now Health Group Inc.
• Farbest Farms Inc.
• Ynsect SAS
• BENEO GmbH
• Cyanotech Corporation
• MycoTechnology Inc.
• Enterra Feed Corporation
• Sotexpro
• Axiom Foods Inc.
• Protix B.V.
• EnviroFlight LLC
• Entomo Farms
• Aspire Food Group
• Pond Technologies Holdings Inc.

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Attachment

• Alternative Protein Market

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