Proteins play many technological, physicochemical and sensory roles (i.e. functionalities) in foods, including solubility, emulsifying, gelling, foaming and flavour creation. In comparison with animal proteins, plant proteins have different structure, composition and food functionality. This review discusses how protein can be extracted from plant materials to produce protein‐rich ingredients for creating plant‐based foods. It explores the potential for a new generation of semi‐purified plant‐derived ingredients with greater sustainability and health benefits.