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Report Overview

The United States textured vegetable protein market value is projected to grow at a CAGR of 9.8% between 2025 and 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

United States Texture Vegetable Protein Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 9.8%
CAGR 2024-2032 - Market by Region Southeast 9.7%
CAGR 2024-2032 - Market by Region New England 9.1%
CAGR 2024-2032 - Market by Source Pea 10.8%
CAGR 2024-2032 - Market by Application Meat Substitutes 10.8%
Market Share by Region Great Lakes 2.0%

United States Textured Vegetable Protein Market Outlook

A prominent shift towards plant-based diets is driving the demand for textured vegetable protein (TVP) as it is made of vegetarian friendly ingredients and offers good amount of protein content. High fat content in meat products is also encouraging consumers to explore TVP, which is low in fat and rich in fibre. Due to this, several food companies are adding TVP into a wide range of meat analogues, snacks, and bakery items, leading to changed United States textured vegetable protein market dynamics and trends.

To further expand the market share, manufacturers are engaged in development of more nutritious TVPs. For instance, ADM, one of the global leaders, recently launched Arcon T textured pea protein and Prolite MeatTEX textured wheat protein to cater to the consumers looking for meat alternatives.

Moreover, the steadily growing vegan population in the US has helped creating a robust consumer base for textured vegetable protein, contributing to growth of the United States textured vegetable protein market. As per industry reports, there are around 9.6 million vegans in the country as of 2024, which represents approximately 2.9% of the total US population.

Consumer Shift Towards Plant-Based Proteins has Boosted United States Textured Vegetable Protein Market Growth

  • From 2024 to 2032, the Far West region is projected to lead with a CAGR of 11.4%, driven by increasing consumer demand for plant-based food products and strong support for sustainability initiatives. 
  • The Rocky Mountain region follows with a CAGR of 10.6%, reflecting growing consumer awareness and preference for healthier food options. 
  • The Southwest region, with a CAGR of 10.1%, benefits from a rapidly expanding market for alternative protein sources. 
  • The Southeast and New England regions, with CAGRs of 9.7% and 9.1%, respectively, show robust textured vegetable protein demand in United States due to the rising adoption of plant-based diets. 
  • The Mideast, with a CAGR of 8.4%, and the Plains, with a CAGR of 7.8%, exhibit moderate growth driven by increasing availability of plant-based products. 
  • The Great Lakes region experiences the slowest growth at a CAGR of 7.4%, indicating a more traditional food consumption pattern.
CAGR 2024-2032 - Market by Region
Southeast 9.7%
New England 9.1%
Mideast XX%
Plains XX%
Southwest XX%
Rocky Mountain 10.6%
Far West 11.4%
Great Lakes XX%

Expanding Uses of Pea, Soy, and Wheat-Based Protein in Food and Beverage Industry is a Major United States Textured Vegetable Protein Market Trend

  • Pea-based products are expected to experience the highest growth, with a CAGR of 10.8%, driven by their versatility and increasing popularity in meat substitutes. 
  • Soy-based products, with a CAGR of 10.4%, have a prominent textured vegetable protein market share in United States due to their well-established presence in the market and wide acceptance as a protein source. 
  • Wheat-based products, with a CAGR of 9.4%, show steady growth due to their use in various plant-based foods, particularly cereals and snacks. 
  • Other sources, with a CAGR of 8.8%, include a diverse range of alternative protein sources, reflecting broader market diversification.

Meat Substitutes Dominate the United States Textured Vegetable Protein Market Share, Followed by Dairy Alternatives

  • Meat substitutes are projected to lead the market with a CAGR of 10.8%, driven by the growing consumer shift towards plant-based diets and the rising demand for sustainable food options. 
  • Dairy alternatives, with a CAGR of 10.4%, show strong growth due to increasing lactose intolerance and the rising popularity of veganism. 
  • As per United States textured vegetable protein industry analysis, cereals and snacks, with a CAGR of 9.4%, are experiencing steady growth as consumers are seeking healthier snack options. 
  • Other applications, with a CAGR of 8.8%, include various plant-based food products, reflecting the expanding market for alternative protein sources.

Key Questions Answered in the Report:

  • How has the United States textured vegetable protein market performed historically, and what are the growth expectations for the future? 
  • What are the primary factors influencing demand and growth in the United States textured vegetable protein market? 
  • What are the key segments within the United States textured vegetable protein market, and how are they expected to evolve over the forecast period? 
  • What are the major challenges and opportunities facing stakeholders in the United States textured vegetable protein market? 
  • Who are the key players in the United States textured vegetable protein market, and what strategies are they employing to maintain a competitive edge? 
  • What are the regulatory and policy factors influencing the United States textured vegetable protein market globally or regionally? 
  • How competitive is the United States textured vegetable protein market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers? 
  • What are the current trends shaping the United States textured vegetable protein market landscape, and how are they expected to evolve in the future? 
  • How are technological advancements impacting the United States textured vegetable protein market, and what role do innovation and R&D play in driving growth? 
  • What are the consumer preferences and buying behavior trends influencing the United States textured vegetable protein market? 
  • How sustainable are current growth rates in the United States textured vegetable protein market, and what factors could potentially disrupt these trends? 
  • What are the regional dynamics within the United States textured vegetable protein market, and how do they contribute to overall market growth? 
  • What are the economic factors influencing the United States textured vegetable protein market, such as GDP growth, inflation rates, and currency fluctuations? 
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States textured vegetable protein market? 
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States textured vegetable protein market? 
  • What are the regulatory and legal frameworks impacting the United States textured vegetable protein market globally or in key regions? 
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States textured vegetable protein market? 
  • What are the emerging market trends and niche opportunities within the United States textured vegetable protein market that stakeholders should be aware of? 
  • How resilient is the United States textured vegetable protein market to external shocks or disruptions, such as geopolitical tensions or natural disasters? 
  • What are the potential barriers to market entry and growth for new players in the United States textured vegetable protein market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States textured vegetable protein market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States textured vegetable protein market. 

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States textured vegetable protein market. 

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares. 

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States textured vegetable protein market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

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

  • Source
  • Application
  • Region
Breakup by Source
  • Pea
  • Soy
  • Wheat
  • Others
Breakup by Application
  • Meat Substitutes
  • Dairy Alternatives
  • Cereals and Snacks
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • 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
  • Archier Daniels Midland Company
  • Cargill, Incorporated
  • Ingredion Incorporated
  • The Scoular Company
  • Axiom Foods
  • Others

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124