Global Plant-based Food Market Value and YoY Growth (2025–2032)

The global Plant-based food market is expanding steadily as consumers increasingly shift toward dairy alternatives, meat substitutes, and plant-based eggs for health and sustainability reasons. In 2025, the global Plant-based food market was recorded at USD 30.41 billion, supported by strong sales of soy- and almond-based dairy alternatives and growing demand for pea-based meat substitutes across retail and foodservice channels. The market is estimated to reach USD 32.89 Billion in 2026, reflecting rising product availability through both offline supermarkets and online platforms.
From 2027 onward, the global Plant-based food market is projected to continue its upward trajectory, reaching USD 35.63 billion in 2027 and expanding further to USD 54.41 billion by 2032. Growth is being fueled by innovation in plant protein sources such as soy, pea, and wheat, along with increasing investments in clean-label and sustainable food production across global markets.