Top Feed Plant-Based Protein Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Feed Plant-Based Protein Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Feed Plant-Based Protein industry players.

Feed Plant-Based Protein Market Competitive Landscape

The feed plant-based protein market is relatively fragmented, with a high level of competition. Few large players, like DuPont, Ingredion, and Kroner, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.

Top Players in Feed Plant-Based Protein Market

  • Archer Daniels Midland Company (United States) 
  • Cargill (United States) 
  • International Flavors & Fragrances Inc. (United States) 
  • Ingredion (United States) 
  • Roquette Frères (France) 
  • Kerry Group PLC (Ireland) 
  • Südzucker AG (Germany) 
  • Bunge Limited (United States) 
  • CHS Inc. (United States) 
  • Lantmannen (Sweden) 
  • Tereos SCA (France) 
  • Wilmar International Ltd. (Singapore) 
  • DuPont (United States) 
  • Kroner (Germany) 
  • Cosun Protein (Netherlands) 
  • Protealis (Belgium) 
  • Eighth Day Foods (Australia) 
  • SGProtein (Singapore) 
  • Mycovation (Germany) 
  • ERGO Bioscience (Argentina)

Feed Plant-Based Protein Market

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Global Feed Plant-Based Protein Market size was valued at USD 14.1 billion in 2023 and is poised to grow from USD 15.0 billion in 2024 to USD 24.64 billion by 2032, growing at a CAGR of 6.4% during the forecast period (2025-2032).

The feed plant-based protein market is relatively fragmented, with a high level of competition. Few large players, like DuPont, Ingredion, and Kroner, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Archer Daniels Midland Company (United States) ', 'Cargill (United States) ', 'International Flavors & Fragrances Inc. (United States) ', 'Ingredion (United States) ', 'Roquette Frères (France) ', 'Kerry Group PLC (Ireland) ', 'Südzucker AG (Germany) ', 'Bunge Limited (United States) ', 'CHS Inc. (United States) ', 'Lantmannen (Sweden) ', 'Tereos SCA (France) ', 'Wilmar International Ltd. (Singapore) ', 'DuPont (United States) ', 'Kroner (Germany) ', 'Cosun Protein (Netherlands) ', 'Protealis (Belgium) ', 'Eighth Day Foods (Australia) ', 'SGProtein (Singapore) ', 'Mycovation (Germany) ', 'ERGO Bioscience (Argentina)'

The demand for vegetarian protein in the human population has led to a shift in the use of animal products in animal feed. There is evidence that pets, including dogs and cats, share their owners' choice of a plant-based protein diet. Farm animal welfare and rights are the primary concern with meat-based pet food diets. Furthermore, most pet owners are animal enthusiasts, and as a result, they are more inclined to place a high value on the humane and ethical treatment of animals raised for food production. Strong growth drivers in recent years pushing plant-based pet food include an unhealthy impression of meat and environmental and sustainability concerns over animal protein manufacturing.

Key companies like DuPont (US), Roquette Frères (France), Kerry Group (Ireland), and Ingredion (US) have been putting a lot of effort into making feed with protein from plants. In the pet food industry, new technologies have been made possible by a lot of research and development. The Kerry Group (Ireland), Global Innovation Center, published a study in 2020 that showed that pets are eating more PurePal pet food because it smells better which is driving the demand for it.

In 2021, the European market accounted for the most significant plant-based protein market share globally. Soy, pea, and wheat are three of the most popular plant-based sources of protein for animal feed in Europe. Rising demand for organic materials in the pet food and feed sector is expected to boost sales of plant-based protein components in both North America and Europe. Nonetheless, the Asia-Pacific region is expected to continue seeing significant demand for feed plant-based protein due to factors such as the rising adoption of pets, the expansion of metropolitan areas, the rise of animal husbandry, and the expansion of the meat-eating population. As pet owners in China continue to favor prepackaged pet food over raw ingredients, the demand for plant-based protein in feed is expected to stay high.

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Global Feed Plant-Based Protein Market
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