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United States Alternative Proteins Market

United States Alternative Proteins Market Share, Trends: By Source: Plant Based, Fermentation, Cellular Agriculture, Others; By Ingredient: Bulk Ingredients, Specialty Ingredients; By End Use: Food and Beverage, Others; By Distribution Channel: B2B, B2C, Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032

United States Alternative Proteins Market Outlook

The United States market size for alternative proteins reached a value of more than 2.81 MMT in 2023. The United States alternative proteins market is expected to grow at a CAGR of 17.4% between 2024 and 2032, reaching a projected value of 11.89 MMT by 2032.

 

united states alternative proteins market

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Key Trends in the Market

Alternative protein sources are immensely versatile and can include anything from algae to re-engineered plant-based legumes as well as a range of meat substitutes. Some common examples include lab-grown meat, plant-based meat, single-cell proteins from yeast or algae, and edible insects.

 

  • The sales in the alternative proteins market are likely to propel on account of the surging number of venture investments in alternative protein companies.
  • The growing food industry is expected to fuel the growth of the United States alternative proteins market. The increasing demand for protein has resulted in the food industry developing numerous innovations in categories like alternative proteins, which still has scope for further improvement in terms of nutritional content.
  • The market opportunities are likely to enhance over the upcoming years owing to the advantage of alternative proteins like lower carbon emissions. Other advantages include fewer concerns about intensive animal farming and its ethical and environmental consequences, while still getting tasty, nutritious, as well as healthy food.
  • The environmental sustainability and the high nutritional value of edible insects are aiding the growth of the United States alternative proteins market.
  • The surging research and development of innovative products coupled with the growing inclination toward veganism offer substantial market prospects for the growth of alternative proteins.

 

Market Analysis

 

united states alternative proteins market by segments

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Based on source, the market can be segmented into plant based, fermentation, and cellular agriculture, among others. On the basis of ingredients, the market is bifurcated into bulk ingredients and specialty ingredients. Based on the end-uses, the market is divided into food and beverage, aquaculture, and animal feed, among others. Based on the application, it can be segmented into B2B and B2C.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States alternative proteins market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Greenleaf Foods SPC
  • Archer Daniels Midland Company 
  • Darling Ingredients 
  • Cargill Incorporated 
  • Kerry Group 
  • Calysta 
  • Others

 

Market Share by Source

The growing number of plant-based product launches coupled with the large presence of plant protein producers are expected to boost the plant based segment growth in the United States alternative proteins market over the coming years. Going further, the increasing demand from food and beverage producers and the rise in the vegan population is anticipated to bolster the plant based segment growth over the forecast period. Growing veganism coupled with surging awareness among customers about the harmful health effects of meat and meat products is further expected to influence the market growth of alternative protein.

 

Market Share by End-Use

The food and beverage segment is expected to witness substantial growth in the United States alternative proteins market on account of the increase in food producers coupled with the growing food processing industry. The United States is the second largest manufacturer of soybean which is further leading to a substantial increase in its usage as a subsidiary source of protein.

 

united states alternative proteins market by region

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Competitive Landscape

  • Greenleaf Foods SPC is dedicated to forming the future of plant-based foods. The leading plant-based protein brand incorporates light life foods and field roasts. It is involved in changing plant-based protein with a huge range of delightful as well as advanced products that appeal to customers interested in adding protein range to their diets.
  • Archer Daniels Midland Company is one of the world’s largest nutrition companies. The company is leading both human and animal nutrition. It transforms crops into quality ingredients as well as solutions for foods, beverages, and supplements, supplying people worldwide. It also offers a complete variety of solutions and services for livestock, aquaculture, and pets.

 

Other market players include Darling Ingredients, Cargill Incorporated, Kerry Group, and Calysta, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Ingredient
  • End Use
  • Distribution Channel
  • Region
Breakup by Source
  • Plant Based
  • Fermentation
  • Cellular Agriculture
  • Others
Breakup by Ingredient
  • Bulk Ingredients
  • Specialty Ingredients
Breakup by End Use
  • Food and Beverage
  • Aquaculture
  • Animal Feed
  • Others
Breakup by Distribution Channel
  • B2B
  • B2C
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Greenleaf Foods SPC
  • Archer Daniels Midland Company
  • Darling Ingredients
  • Cargill Incorporated
  • Kerry Group
  • Calysta
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    North America Alternative Proteins Market Overview

    8.1    Key Industry Highlights
    8.2    North America Alternative Proteins Historical Market (2018-2023) 
    8.3    North America Alternative Proteins Market Forecast (2024-2032)
    8.4    North America Alternative Proteins Market by Country
        8.4.1    Market Share
            8.4.1.1    United States
            8.4.1.2    Canada
9    United States Alternative Proteins Market Analysis
    9.1    Key Industry Highlights
    9.2    United States Alternative Proteins Historical Market (2018-2023) 
    9.3    United States Alternative Proteins Market Forecast (2024-2032)
    9.4    United States Alternative Proteins Market by Source
        9.4.1    Plant Based
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2018-2023)
            9.4.1.3    Forecast Trend (2024-2032)
        9.4.2    Fermentation
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2018-2023)
            9.4.2.3    Forecast Trend (2024-2032)
        9.4.3    Cellular Agriculture
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2018-2023)
            9.4.3.3    Forecast Trend (2024-2032)
        9.4.4    Others
    9.5    United States Alternative Proteins Market by Ingredient
        9.5.1    Bulk Ingredients
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2018-2023) 
            9.5.1.3    Forecast Trend (2024-2032)
        9.5.2    Specialty Ingredients
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2018-2023) 
            9.5.2.3    Forecast Trend (2024-2032)
    9.6    United States Alternative Proteins Market by End Use
        9.6.1    Food and Beverage
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2018-2023)
            9.6.1.3    Forecast Trend (2024-2032)
        9.6.2    Aquaculture
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2018-2023)
            9.6.2.3    Forecast Trend (2024-2032)
        9.6.3    Animal Feed
            9.6.3.1    Market Share
            9.6.3.2    Historical Trend (2018-2023)
            9.6.3.3    Forecast Trend (2024-2032)
        9.6.4    Others
    9.7    United States Alternative Proteins Market by Distribution Channel
        9.7.1    B2B
            9.7.1.1    Market Share
            9.7.1.2    Historical Trend (2018-2023)
            9.7.1.3    Forecast Trend (2024-2032)
        9.7.2    B2C
            9.7.2.1    Market Share
            9.7.2.2    Historical Trend (2018-2023)
            9.7.2.3    Forecast Trend (2024-2032)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Greenleaf Foods SPC
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Archer Daniels Midland Company
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Darling Ingredients
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Cargill Incorporated
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Kerry Group
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Calysta
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    North America Alternative Protein Market: Key Industry Highlights, 2018 and 2032
2.    United States Alternative Protein Market: Key Industry Highlights, 2018 and 2032
3.    United States Alternative Protein Historical Market: Breakup by Source (MMT), 2018-2023
4.    United States Alternative Protein Market Forecast: Breakup by Source (MMT), 2024-2032
5.    United States Alternative Protein Historical Market: Breakup by Ingredient MMT), 2018-2023
6.    United States Alternative Protein Market Forecast: Breakup by Ingredient (MMT), 2024-2032
7.    United States Alternative Protein Historical Market: Breakup by End Use (MMT), 2018-2023
8.    United States Alternative Protein Market Forecast: Breakup by End Use (MMT), 2024-2032
9.    United States Alternative Protein Historical Market: Breakup by Distribution Channel (MMT), 2018-2023
10.    United States Alternative Protein Market Forecast: Breakup by Distribution Channel (MMT), 2024-2032
11.    United States Alternative Protein Market Structure

Key Questions Answered in the Report

In 2023, the United States alternative proteins market attained a value of nearly 2.81 MMT.

The market is assessed to grow at a CAGR of 17.4% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost 11.89 MMT by 2032.

The major market driver is the growing urbanization along with the rise in demand for natural and healthy products and health awareness.

The key market trends include the increasing disposable income among people and the growing trend of veganism.

The various sources of the alternative proteins market include plant based, fermentation, and cellular agriculture, among others.

The different ingredients of the alternative proteins market include bulk ingredients and specialty ingredients.

The various end-uses of the alternative proteins market include food and beverage, aquaculture, and animal feed, among others.

The various distribution channels of the alternative proteins market include B2B and B2C.

The major players in the market are Greenleaf Foods SPC, Archer Daniels Midland Company, Darling Ingredients, Cargill Incorporated, Kerry Group, and Calysta, among others.

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