Protein Ingredients Market Size, Share, Opportunities, And Trends By Source (Plant, Animal), By Application (Food and Beverages, Dietary Supplements, Infant Formulations, Personal Care and Cosmetics, Others), By Form (Isolates, Concentrates, Hydrolyzed), And By Geography - Forecasts From 2025 To 2030
- Published : Dec 2024
- Report Code : KSI061613952
- Pages : 148
The protein ingredients market is evaluated at US$64.719 billion for 2025, growing at a CAGR of 7.31%, reaching a market size of US$92.102 billion by 2030.
The market for protein ingredients is projected to grow significantly, primarily due to the growing awareness about a healthy and nutritious diet, leading to increased consumption of functional foods and beverages. Increased dietary supplement consumption due to their health benefits is projected to drive the demand for protein ingredients positively. Moreover, the wide applications of protein ingredients and the manufacturing of superior personal care and cosmetic products, coupled with the promising growth of the cosmetics industry, are the additional factors for the protein ingredients market’s expansion.
The growing participation by food companies in the R&D investments for the launch of new and enhanced foods with high protein content further expands the business growth opportunities. The market is also expected to grow significantly due to the growing consumption of plant-based protein products. Hence, growth in the vegan population globally will further supplement the demand for plant-based protein ingredients until the end of the forecast period. The protein ingredients market has been segmented based on source, application, and geography.
According to the World Integrated Trade Solution (WITS), the top importers of Protein concentrates and textured protein substances are the European Union, United States, Canada, Netherlands, and the United Kingdom.
What are the drivers of the protein ingredients market?
- The plant-based protein ingredients market is showing promising growth
By source, the protein ingredients market has been classified into plant and animal. The plant-based segment is anticipated to grow notably until the end of the forecast period. The growing vegan population, coupled with changing perceptions regarding the safety of animals, are some of the key factors supplementing this segment’s growth. Moreover, new products such as Burcon’s novel canola and pea proteins is a protein blend with plant-based nutrition, clean flavor, neutral aroma, and high protein purity, giving dairy alternative and meat substitute applications. Further, the ability of plant-based proteins to offer similar nutritious values to animal-based ingredients is also a key factor supporting the growth of this segment.
- Growing awareness about health and fitness
With an increasing global population and rising living standards, the demand for protein has risen. Consumers are more health-conscious than ever, recognizing protein's role in supporting an active and healthy lifestyle. February 27th is marked as World Protein Day, addressing protein-related health challenges.
The global lime material market is segmented into five regions worldwide:
By geography, the protein ingredients market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.
Asia Pacific region is expected to grow significantly. The key factors bolstering regional growth include the rising focus of the people on healthy diets, the growing middle-class population, and the increasing purchasing power of the people. Pea protein-based products, soy-based meat alternatives, mushroom-based products, and legume-based products are significantly growing in the region.
North American region is expected to hold a significant market share due to the presence of a greater proportion of the health-savvy population in countries like the United States and Canada. Moreover, the presence of key players in the market in the region further supplements the share during the forecast period.
- By application, the market has been classified into food and beverages, dietary supplements, infant formulations, and others.
The food and beverages segment is projected to hold a significant market share until the end of the forecast period. The growing awareness among consumers, coupled with the increasing prevalence of chronic diseases such as obesity, diabetes, and others, has further led to an inclination of consumers’ propensity to spend on nutritious and healthy food products. The booming consumption of functional foods and beverages will further play a significant role in shaping growth. The growing market for RTD protein beverages also bolsters it. The growing millennial population in developed and developing economies and the increased focus on a healthy diet have raised dietary supplement consumption. This further positively impacts the market growth of protein ingredients for their applications in these supplements.
Key developments in the Global Protein Ingredients Market:
The major Protein Ingredients market leaders are Cargill, Incorporated, DuPont de Nemours, Inc., ADM, Kerry Group plc, Burcon, Kewpie Corporation, and FrieslandCampina Ingredients. These key players implement growth strategies such as product launches, mergers, acquisitions, etc., to gain a competitive advantage. For Instance,
- In October 2024, LanzaTech Global, Inc. planned to expand its biorefining platform capabilities to include operations that produce LanzaTech Nutritional Protein (“LNP”) as the primary product. LNP is a microbial protein. This is an alternative to plant and animal-based proteins. It uses a proprietary gas fermentation process to produce this cost-competitive protein solution. LNP production can address food security issues and be produced anywhere globally.
- In February 2024, Roquette launched four multi-functional pea proteins to improve taste, texture, and creativity in plant-based food and high-protein nutritional products. The company expanded its established NUTRALYS plant protein portfolio for the food manufacturers. The four pea protein ingredients are NUTRALYS Pea F853M (isolate), NUTRALYS H85 (hydrolysate), NUTRALYS T Pea 700FL (textured), and NUTRALYS T Pea 700M (textured). These products can give refined textures and high protein content for end products, such as nutritional bars, protein drinks, plant-based meat, and dairy alternatives.
- In January 2024, Yoplait launched Yoplait Protein to its lineup. It is a dairy snack. Yoplait Protein packs 15g of protein and 3g of sugar per serving. This is the brand’s highest protein and lowest sugar. It comes in the taken with the flavors like Vanilla, Strawberry, and Key Lime Pie.
- In October 2023, FrieslandCampina Ingredients doubled its whey protein isolate and milk fat globule membrane (MFGM) production. With the expansion of its Borculo (NL) plant, the company would significantly increase its total capacity for whey protein isolate and milk fat globule membrane. This increased production capacity is in response to the rising global demand for specialized protein ingredients.
The Global Protein Ingredient market is segmented and analyzed as below:
- By Source
- Plant
- Animal
- By Application
- Food and Beverages
- Dietary Supplements
- Infant Formulations
- Personal Care and Cosmetics
- Others
- By Form
- Isolates
- Concentrates
- Hydrolyzed
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Rest of Asia-Pacific
- North America
Frequently Asked Questions (FAQs)
The protein ingredients market is expected to reach a total market size of US$70.035 billion by 2027.
Protein Ingredients Market is evaluated at US$51.428 billion for the year 2020.
The global protein ingredients market is expected to grow at a CAGR of 4.51% during the forecast period.
The North American region is expected to hold a significant share in the protein ingredients market owing to the presence of a greater proportion of the health-savvy population in the countries like the United States and Canada.
The protein ingredients market is projected to propel at a significant rate which is primarily attributed to the fact that the growing awareness among the millennials about a healthy diet and nutritious diet has led to increased consumption of functional foods and beverages.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. The plant-based protein ingredients market is showing promising growth
4.1.2. Growing awareness about health and fitness
4.2. Market Restraints
4.2.1. Allergies related to different protein types
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. PROTEIN INGREDIENTS MARKET BY SOURCE
5.1. Introduction
5.2. Plant
5.3. Animal
6. PROTEIN INGREDIENTS MARKET BY APPLICATION
6.1. Introduction
6.2. Food and beverages
6.3. Dietary supplements
6.4. Infant formulations
6.5. Personal care and cosmetics
6.6. Others
7. PROTEIN INGREDIENTS MARKET BY FORM
7.1. Introduction
7.2. Isolates
7.3. Concentrates
7.4. Hydrolyzed
8. PROTEIN INGREDIENTS MARKET BY GEOGRAPHY
8.1. Global Overview
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Rest of South America
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Rest of Europe
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. United Arab Emirates
8.5.3. Rest of the Middle East and Africa
8.6. Asia-Pacific
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Rest of Asia-Pacific
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Cargill, Incorporated
10.2. DuPont de Nemours, Inc.
10.3. ADM
10.4. Bunge Limited
10.5. Kerry Group plc
10.6. Roquette Frères
10.7. The Scoular Company
10.8. Burcon
10.9. FrieslandCampina Ingredients
10.10. Kewpie Corporation
Cargill, Incorporated
DuPont de Nemours, Inc.
ADM
Bunge Limited
Kerry Group plc
Roquette Frères
The Scoular Company
Burcon
FrieslandCampina Ingredients
Kewpie Corporation
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Fruit And Vegetable Ingredients Market: Size, Trends, Forecast 2030 | Dec 2024 | |
Almond Ingredients Market Size, Share & Trends: Report, 2022-2027 | Apr 2022 | |
Pet Food Ingredients Market Size: Industry Report, 2022–2027 | Aug 2022 | |
Dairy Ingredients Market Size & Share: Industry Report, 2022 – 2027 | Sep 2022 | |
Alcohol Ingredients Market Size & Share: Industry Report, 2023-2028 | Aug 2023 |