United States Alternative Proteins Market to Grow at a CAGR of 17.4% During 2024-2032, Aided by the Demand for Innovative Protein and Increasing Research and Development

The United States alternative proteins market is experiencing robust growth, fueled by increasing venture investments and demand for innovative protein sources. In the United States, the food industry's expansion is driving this growth, with a focus on improving nutritional content. CDC recommends 16% of kilocalories mean protein intake for men above 20 years. Further, females are recommended to have 15.7% of kilocalories.

Alternative proteins offer advantages such as lower carbon emissions and alleviating concerns about intensive animal farming. Edible insects are gaining traction due to their benefits of environmental sustainability and high nutritional value. Furthermore, research and development efforts, along with the rise in veganism, are creating significant market opportunities. This dynamic landscape underscores the potential for continued growth and innovation in alternative protein sources.

Due to the changing consumer preferences, the manufacturers are focusing on meeting their diverse needs and nutritional requirements. In March 2024, Blender Bites Limited partnered with Orgain Inc., the top-selling plant-based protein brand in the USA, to launch their new post-workout smoothie product, Superberry Sport™. This collaboration marks Blender Bites' entry into the sports nutrition market, combining Orgain's expertise in clean, organic nutrition.

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Market Breakup by Source, Ingredient, End Use, and Distribution Channel:

• The market is segmented based on source into plant-based, fermentation, and cellular agriculture, among others.

• Based on ingredient, the market can be bifurcated into bulk ingredients and specialty ingredients. 

• By end use, the market is divided into food and beverage, aquaculture, and animal feed, among others.

• Based on distribution channel, the market is segmented into B2B and B2C. 

Key Findings of the Report:

• The alternative proteins market is experiencing significant growth, driven by increasing venture investments and consumer demand for innovative protein sources.

• Alternative proteins, such as edible insects and plant-based sources, offer advantages like lower carbon emissions and addressing concerns related to intensive animal farming. 

• Additionally, these alternatives provide nutritional benefits, contributing to their popularity and market expansion.

• Manufacturers are focusing on meeting diverse consumer needs and preferences. This is exemplified by the launch of new and innovative products.

Key Offerings of the Report:

• The EMR report gives an overview of the United States alternative proteins market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the source, ingredient, end use, and distribution channels of alternative proteins.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the United States alternative proteins market are Greenleaf Foods SPC, Archer Daniels Midland Company, Darling Ingredients, Cargill Incorporated, Kerry Group, and Calysta, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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