What is the projected growth rate (CAGR) of the Alternative Proteins Market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Alternative Proteins Market Size was valued at US$ 25.7 Billion in 2022 and is expected to reach USD 81.9 Billion by 2031, exhibiting a CAGR of 15.6% during the forecast period (2025-2032)

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What is the Alternative Proteins Market ?

Alternative proteins are sustainable protein sources derived from plants, microorganisms, insects, or cultivated (lab-grown) meat that serve as substitutes for conventional animal-based proteins. They are developed to meet growing demand for nutritious, ethical, and eco-friendly food while reducing the environmental impact of traditional livestock production.

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Conclusion

As consumers and industries shift toward sustainable diets, alternative proteins are emerging as a key driver of the future food system. With advances in biotechnology, fermentation, and plant-based innovations, they are positioned to reshape global nutrition, enhance food security, and support climate-friendly protein production.

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Top Key Companies:

Kerry Group, DuPont, Cargill, Incorporated, Ÿnsect, Ingredion Incorporated, Emsland Group , Cosucra Group, Koninklijke DSM N.V, Batory Foods, and Chapul.

Market Segments:

By Type: Organic, Inorganic

By Source: Plant Protein, Mycoprotein, Insect Protein, Algal Protein, Cultured Meat, Others

By Form: Dry, Liquid

By Application: Food & Beverages, Animal Feed & Pet Food, Personal Care and Cosmetics, Pharmaceuticals, Others

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