Textured Vegetable Protein Market
The Textured Vegetable Protein (TVP) market encompasses plant-based meat alternatives derived from sources like soy and peas, processed into various forms. Key customers include B2B clients such as food manufacturers, restaurants, and catering services, as well as end-consumers, particularly those following vegan, vegetarian, or health-conscious diets. Market growth is primarily propelled by government support for plant-based foods, technological advancements improving product taste and texture, and rising consumer demand for environmentally sustainable protein sources.
9.6%
Compound Annual Growth Rate
$2.04B
Estimated 2026
$4.25B
By 2034
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