A protein can be referred to as nitrogenous compound that consists of long chains of amino acids. Some of the sources of protein ingredients are wheat, milk, soya, eggs, and meat. Based on product type, market is classified into plant and animal proteins. The animal protein segment is further categorized into casein & caseinates, whey protein, egg protein, milk protein, and gelatin. The plant segment is classified into wheat protein, soy protein, pea protein, and others. Proteins are widely used across supplements and nutritional powders, beverages, animal feed, protein bars, bakery and snacks, breakfast cereals, meat and meat products, infant nutrition, dairy products, and others.
Market Dynamics
Growing protein fortification and standardization is primarily fueling the market growth of protein ingredients. Protein fortification is gaining high demand among the consumer due to shifting preferences for protein in foods and growing demand for weight management food products that are high in protein. Therefore, the rising demand for fortification and standardization across the food industry is projected to propel the market growth of protein ingredients over the forecast period.
The growing popularity of dairy and plant protein blend products is expected to drive the market growth. Blends of dairy and plant proteins enhance the protein levels and also reduce formulation costs, as prices of plant-based protein are less volatile compared to other protein. According to the study conducted in 2015 by DuPont Nutrition & Health, ready-to-drink beverages formulated with blends were more preferred as compared to single protein beverages in terms of both flavor and cost.
Key features of the study:
- This report provides an in-depth analysis of global protein ingredients market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, 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 overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include DuPont Nutrition & Biosciences, Archer Daniels Midland Company, Cargill Inc., Glanbia plc, FrieslandCampina DMV B.V., Kerry Group plc, Arla Food Ingredients, Roquette Freres S.A., Davisco Foods International, and Burcon NutraScience.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global protein ingredients market report caters to various stakeholders in this industry including investors, suppliers, protein ingredients 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:
- Global Protein Ingredients Market, By Product Type :
- Animal Type
- Whey Protein
- Casein and Caseinates
- Milk Protein
- Egg Protein
- Gelatin
- Plant Type
- Soy Protein
- Wheat Protein
- Pea Protein
- Others
- Global Protein Ingredients Market, By Form:
- Isolate
- Concentrate
- Others
- Global Protein Ingredients Market, By Application:
- Nutritional Supplement Powders
- Beverages
- Protein & Nutritional Bars
- Bakery & Snacks
- Breakfast cereals
- Meat & Meat Products
- Dairy Products
- Infant Nutrition
- Animal Feed
- Others
- Global Protein Ingredients Market, By Region:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- Middle East
- Africa
- Company Profiles
- DuPont Nutrition & Biosciences
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments
- Future Plans
- Archer Daniels Midland Company
- Cargill Inc
- Glanbia plc.
- FrieslandCampina DMV B.V.
- Kerry Group plc
- Arla Food Ingredients
- Roquette Freres S.A.
- Davisco Foods International
- Burcon NutraScience
"*" marked represents similar segmentation in other categories in the respective section