Global Plant-based Food Market Value by Source (2025–2032)

Free

in USD Billion

Global Plant-based Food Market by Source Outlook: Protein Innovation to Drive Growth Through 2032

Published by MMR Statistics Reserch Team, January 2026

The global plant-based food market, by source, demonstrates sustained value expansion across all major raw material categories between 2025 and 2032. In 2025, soy-based products led the market with a value of USD 12.92 billion, supported by their widespread application in meat alternatives, dairy substitutes, and processed foods. Almond- and pea-based segments followed, reflecting strong demand for premium and allergen-friendly formulations. By 2026, overall market value growth is estimated to strengthen, driven by rising flexitarian adoption and product innovation. From 2027 to 2032, market value is expected to expand consistently, with soy projected to reach USD 24.51 billion and pea-based products rising to USD 11.11 billion by 2032. Wheat and rice segments also show steady progression, while the “others” category benefits from diversification into oats, coconut, and blended protein sources. The value trend reflects increasing price realization, premium positioning, and wider retail penetration.

OTHER STATISTICS ON TOPIC

Plant-based Food

More statistics on Plant-based Food

Download

Information

Unit

in USD Billion

Region

Global

Time Period

2025-2032

Source Name

MMR Statistics

Source Link

https://www.mmrstatistics.com/

Publisher Name

MMR Statistics

Publisher Link

https://www.mmrstatistics.com/

Related Topics

  • Alcoholic Ice Cream

    Discover market data, innovation trends, and regional insights across the global alcoholic ice cream industry.

  • Alternative Protein

    Access global market data, investment trends, and consumer insights on alternative protein sources with MMR Statistics.

  • Bakery

    Access essential figures, revenue, market size, and growth insights on bakery products with MMR Statistics.

  • Dairy Products

    Explore consumption trends, market growth, and survey insights on dairy products worldwide with MMR Statistics.

  • Edible Insects

    Discover industry statistics, production trends, and market outlook for edible insect protein with MMR Statistics.

  • Egg Products

    Explore market size data, processing trends, consumption patterns, and key insights shaping the global egg products market with MMR Statistics.

Related reports

Market Research Reports on Plant-based Food

Explore published research tied to this statistic's topic. Open the featured edition or jump into another region without leaving the page.

Open featured report

Subscriptions

Stay ahead of Plant-based Food with tailored access

Sample free-tier statistics or unlock premium coverage for this topic with team-friendly usage rights.

Discover

Try free-tier statistics before committing to a plan.

Start for Free

Professional

Unlock premium coverage across this topic with analyst support.

Select Plan

Contact our team

Need a bespoke deep-dive on Plant-based Food?

Tell us about your KPIs and coverage priorities. We can tailor a briefing, share methodology notes, or build a custom dataset that complements the reports and statistics you are browsing.

Talk with an analyst