The protein ingredients market is estimated to be valued at USD 87.46 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031. The global protein ingredients market has been witnessing significant growth in recent years. Proteins are essential macronutrients required by the human body for the growth, maintenance, and repair of cells and tissues. They are comprised of amino acids which are the building blocks of proteins. Advancements in food and healthcare industries have increased the demand for various protein ingredients globally. Market players are focusing on the development of innovative protein sources and delivery formats to cater to evolving consumer preferences for health, nutrition, and wellness.
Market Dynamics:
Growing consumer awareness about the nutritional benefits of protein is a key driver for the market. Aging population and rising health consciousness have increased the demand for high-protein foods and drinks. However, stringent regulations pertaining to new ingredients and allergens pose a challenge for market players. On the positive side, expansion of application areas like clinical nutrition, sports nutrition, and functional foods present lucrative opportunities. Innovation in production technologies and development of plant-based and alternative proteins also provide a boost to the market.
Key Features of the Study:
- This report provides in-depth analysis of the global protein ingredients market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global protein ingredients market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include DuPont, ADM, Cargill, Incorporated, BRF, The Scoular Company, Roquette Freres, Glanbia PLC, Omega Protein Corporation, Sudzucker AG, DSM, Amco Proteins, A&B Ingredients, Inc, Puris, Ingredion, Kewpie Corporation, Fonterra Co-Operative Group Limited, Kerry Group plc, Arla Foods Ingredients Group P/S, FrieslandCampina Ingredients, and Gelita AG
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global protein ingredients market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global protein ingredients market
Detailed Segmentation-
- By Product Type:
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- Animal-based Protein Ingredients
- Milk Protein
- Egg Protein
- Meat and Poultry Protein
- Others
- Plant-based Protein Ingredients
- Soy Protein
- Wheat Protein
- Pea Protein
- Rice Protein
- Others
- By Application:
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- Food and Beverages
- Bakery and Confectionery
- Dairy Products
- Meat and Poultry Products
- Others
- Animal Feed
- Pharmaceutical and Nutraceuticals
- Cosmetics and Personal Care
- Others
- By Form
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- By Region:
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- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
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- DuPont
- ADM
- Cargill, Incorporated
- BRF
- The Scoular Company
- Roquette Freres
- Glanbia PLC
- Omega Protein Corporation
- Sudzucker AG
- DSM
- Amco Proteins
- A&B Ingredients, Inc
- Puris
- Ingredion
- Kewpie Corporation
- Fonterra Co-Operative Group Limited
- Kerry Group plc
- Arla Foods Ingredients Group P/S
- FrieslandCampina Ingredients
- Gelita AG