Protein Ingredients Market Size - By Products(Plant Proteins(Cereal-based, Legumes-based, Root-based, Nuts & Seeds-based, Ancient Grains), Animal/Dairy Proteins(Egg Protein, Milk Protein Concentrates/Isolates, Whey Protein Concentrates, Whey Protein Hydrolysates, Gelatin, Casein/Caseinates), Microbe-based Proteins(Algae, Bacteria, Yeast, Fungi), Insect Proteins(Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera)), by Form(Dry, Liquid), by Applications(Food & Beverages(Bakery & Confectionery, Beverages, Breakfast Cereals, Dairy Alternatives, Dietary Supplements/Weight Management), Infant Formulations, Clinical Nutrition, Cosmetics & Personal Care, Animal Feed) & Region - Forecasts 2023 - 2033
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Global Protein Ingredients Market Analysis by Product, Form, Application, and Region and segments forecast till 2033
Market Overview
The global Protein Ingredients Market was worth USD 60,880 million in 2022 and is anticipated to amplify at a CAGR of 6.4% over 2023-2033, thereby accumulating USD 100,010 million by end of the analysis timeline.
The protein ingredient market is mainly driven by factors such as the rise in demand for protein functionality, awareness regarding the healthy diets and nutritional foods, new advancements in technologies, and also the rise in consumption of the animal by-products. Also, the COVID 19 had a negative impact on the protein ingredient market. This was majorly because of the restriction on movement which changed the consumption pattern. This was also because of the rise in health concerns that a large number of population stopped eating meat and poultry. Also, the pandemic had a severe effect on the protein ingredient market’s supply chain but the key market players tried to handle the situation and were ready for any further disruption.
There are several factors that have fueled the protein ingredients market. One of the major factor is the rise in demand for protein as a nutritional and functional ingredient. The protein ingredients are mainly sourced from animals and plants that are well-known for their emulsification, viscosity, hydration, foaming, aeration, and other functional properties. These functionalities and the nutritional aspects of proteins are a major advantage to end-user industries that makes it one of the key drivers of the market.
Additionally, the ability of protein ingredients to develop as well as design specific isolates and other forms of protein ingredients are likely to boost the market growth during the forecast duration. On the flip side, the cultural restriction on the consumption of gelatin has acted as the main restrain towards the market growth. This is because gelatin has varied applications in the food and pharmaceutical industries and is also used as a functional ingredient to manufacture hard and soft capsules. Alongside, it is further utilized as a protein supplement.
Gelatin is an animal by-product that is formed from the collagen of slaughtered animals, such as the bones, hides, and hooves of cattle, pigs, fish, and poultry. Because of this, the individuals with religious or dietary restrictions who have to forbid the consumption of animal products are not willing to consume those products that use gelatin. Thus, this acts as a major restrain to the market growth.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 60,880 Million |
Market Forecast in 2033 | USD 100,010 Million |
CAGR % 2023-2033 | 6.4% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Product, Form, and Application |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Cargill, ADM, DuPont, Arla Foods, Rousselot, Gelita AG, AGRANA, AMCO Proteins, Hilmar Ingredients, Archer Daniels Midland Company, Burcon, Kerry Group, Omega Protein Corporation, Friesland, Axiom Foods, Mead Johnson Nutrition Company, Fonterra Co-operative Group, Kewpie Corporation, Bunge Limited, Glanbia PLC, Tessenderlo Group, Foodchem International Corporation, Roquette Frères, A&B Ingredients, Reliance Private Label Supplements, The Scoular Company, MGP Ingredients, CHS Inc. and Others. |
Impact of COVID
The COVID-19 pandemic has had a mixed impact on the protein ingredients market. On one hand, the increased demand for healthy and functional foods has boosted the market growth as protein ingredients are essential components of such products. On the other hand, the pandemic has disrupted supply chains and manufacturing activities, resulting in a shortage of raw materials and delayed production timelines. The closure of restaurants and food service outlets during lockdowns also affected the market growth as the demand for protein ingredients from these sectors decreased. However, the increased consumption of packaged and processed foods during the pandemic has partially offset this decline in demand. Overall, the protein ingredients market has remained resilient during the pandemic and is expected to continue growing in the coming years as the focus on health and wellness continues to drive demand for protein-rich foods and supplements.
Product Insights
The animal-based product segment is dominating the global Protein Ingredients Market due to several reasons. Firstly, animal-based protein sources such as whey, casein, and egg are considered to have high biological value, meaning that they contain all the essential amino acids required by the human body. This makes them more efficient at building and repairing muscles and tissues than plant-based proteins, which may lack one or more essential amino acids. Secondly, animal-based protein sources are also generally considered to have a better taste and texture compared to plant-based proteins, which can be gritty or chalky. This makes animal-based protein ingredients more appealing to consumers, particularly in the sports nutrition and weight management sectors. Overall, the animal-based protein segment is expected to continue dominating the global Protein Ingredients Market due to its widespread use and perceived superiority in terms of nutrition and sensory attributes.
Form Insights
Dry form is dominating the protein ingredient market due to its longer shelf life, ease of storage and transportation, and versatility in application. Dry protein ingredients such as whey protein concentrate, soy protein isolate, and casein are widely used in food and beverage products due to their ability to enhance the nutritional value, texture, and taste of the final product. Additionally, the demand for dry protein ingredients is also increasing in the sports nutrition industry due to their high protein content, which is beneficial for muscle building and recovery.
Application Insights
The food and beverages segment has dominated the air cushion packaging market due to the increasing demand for efficient and safe packaging solutions for food and beverage products. Air cushion packaging provides a protective barrier against damage, spoilage, and contamination during transportation and storage of food and beverage products. Additionally, the lightweight and flexible nature of air cushion packaging allows for cost-effective and convenient shipping, storage, and display of food and beverage products, making it a popular choice among manufacturers and retailers in the industry.
Regional Insights
The Global Protein Ingredient market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America and middle East and Africa. North America is the leading region in the protein ingredient market. This is because of the increasing number of consumers in the U.S. who have adopted a healthy lifestyle or indulged in activities that promote an active and healthy lifestyle.
Competitive Analysis
Key players operating in the worldwide Protein Ingredients Market are Cargill, ADM, DuPont, Arla Foods, Rousselot, Gelita AG, AGRANA, AMCO Proteins, Hilmar Ingredients, Archer Daniels Midland Company, Burcon, Kerry Group, Omega Protein Corporation, Friesland, Axiom Foods, Mead Johnson Nutrition Company, Fonterra Co-operative Group, Kewpie Corporation, Bunge Limited, Glanbia PLC, Tessenderlo Group, Foodchem International Corporation, Roquette Frères, A&B Ingredients, Reliance Private Label Supplements, The Scoular Company, MGP Ingredients, CHS Inc. and Others.
Recent News
· In March 2022, Archer Daniels Midland Company announced the expansion of their plant-based protein ingredient portfolio with the launch of a new soy protein concentrate product.
· In February 2022, Cargill announced the acquisition of ProPortion Foods, a supplier of cooked protein products for the foodservice industry, to expand their protein ingredient offerings.
· In January 2022, Kerry Group announced the acquisition of Pevesa Biotech, a Spanish producer of pea protein and other plant-based ingredients, to enhance their protein ingredient portfolio.
· In December 2021, Ingredion Incorporated launched a new range of plant-based protein concentrates to meet the increasing demand for sustainable protein alternatives.
1. Global Protein Ingredients Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Protein Ingredients Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Protein Ingredients Market Scope and Market Estimation
1.4.1. Global Protein Ingredients Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Protein Ingredients Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Protein Ingredients Market Segmentation
1.5.1. Products of Global Protein Ingredients Market
1.5.2. Form of Global Protein Ingredients Market
1.5.3. Applications of Global Protein Ingredients Market
1.5.4. Key Regions of Global Protein Ingredients Market
2. Global Protein Ingredients Market - Executive Summary
2.1. Global Protein Ingredients Market – Summary & Snapshot
2.2. Global Protein Ingredients Market, By Products (US$ Million)
2.3. Global Protein Ingredients Market, By Form (US$ Million)
2.4. Global Protein Ingredients Market, Applications (US$ Million)
2.5. Global Protein Ingredients Market, By Geography (US$ Million)
2.6. Global Protein Ingredients Market Outlook & Future Opportunities
3. Protein Ingredients Market Trends, Outlook, and Factors Analysis
3.1. Global Protein Ingredients Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Protein Ingredients Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Protein Ingredients Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. high demand owing to rising demand for food products, such as margarine, cold cuts, bakery products.
3.2.1.2. Increase in health care awareness has led consumers to shift their focus toward nutritional & healthy diets
3.2.2. Restraints
3.2.2.1. Covid 19 hinders the market growth
3.2.3. Opportunities
3.2.3.1. Innovation Center for U.S. Dairy, and dairy ingredient manufacturers invest in R&D activities
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Protein Ingredients Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Protein Ingredients Market
3.9.1. By Products
3.9.2. By Form
3.9.3. By Applications
3.9.4. By Regions
4. Global Protein Ingredients Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Protein Ingredients Market, 2020 – 2021 (US$ Million)
4.2. Global Protein Ingredients Market, By Products, 2020 To 2021 (US$ Million)
4.3. Global Protein Ingredients Market, By Form, 2020 To 2021 (US$ Million)
4.4. Global Protein Ingredients Market, By Applications, 2020 To 2021 (US$ Million)
4.5. Global Protein Ingredients Market, By Region, 2020 To 2021 (US$ Million)
5. Global Protein Ingredients Market Estimates & Forecast Trend Analysis, by Products
5.1. Global Protein Ingredients Market Share (%) Estimates and Forecasts, by Products, 2022 & 2033
5.2. Global Protein Ingredients Market Revenue (US$ Million) Estimates and Forecasts, by Products, 2022 to 2033
5.2.1. Plant Proteins
5.2.1.1. Cereal-based
5.2.1.2. Legumes-based
5.2.1.3. Root-based
5.2.1.4. Nuts & Seeds-based
5.2.1.5. Ancient Grains
5.2.2. Animal/Dairy Proteins
5.2.2.1. Egg Protein
5.2.2.2. Milk Protein Concentrates/Isolates
5.2.2.3. Whey Protein Concentrates
5.2.2.4. Whey Protein Hydrolysates
5.2.2.5. Gelatin
5.2.2.6. Casein/Caseinates
5.2.2.7. Others
5.2.3. Microbe-based Proteins
5.2.3.1. Algae
5.2.3.2. Bacteria
5.2.3.3. Yeast
5.2.3.4. Fungi
5.2.4. Insect Proteins
5.2.4.1. Coleoptera
5.2.4.2. Lepidoptera
5.2.4.3. Hymenoptera
5.2.4.4. Orthoptera
5.2.4.5. Hemiptera
6. Global Protein Ingredients Market Estimates & Forecast Trend Analysis, by Form
6.1. Global Protein Ingredients Market Share (%) Estimates and Forecasts, By Form, 2022 & 2033
6.2. Global Protein Ingredients Market Revenue (US$ Million) Estimates and Forecasts, by Form, 2022 to 2033
6.2.1. Dry
6.2.2. Liquid
7. Global Protein Ingredients Market Estimates & Forecast Trend Analysis, by Application
7.1. Global Protein Ingredients Market Share (%) Estimates and Forecasts, By Applications, 2022 & 2033
7.2. Global Protein Ingredients Market Revenue (US$ Million) Estimates and Forecasts, by Applications, 2022 to 2033
7.2.1. Food & Beverages
7.2.1.1. Bakery & Confectionery
7.2.1.2. Beverages
7.2.1.3. Breakfast Cereals
7.2.1.4. Dairy Alternatives
7.2.1.5. Dietary Supplements/Weight Management
7.2.1.6. Others
7.2.2. Infant Formulations
7.2.3. Clinical Nutrition
7.2.4. Cosmetics & Personal Care
7.2.5. Animal Feed
7.2.6. Others
8. Global Protein Ingredients Market Analysis and Forecast, by Region
8.1. Global Protein Ingredients Market Share (%) Estimates and Forecasts, By Region, 2022 & 2033
8.2. Global Protein Ingredients Market Revenue (US$ Million) Estimates and Forecasts, By Region, 2022 To 2033
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East and Africa
8.2.5. Latin America
9. North America Protein Ingredients Market: Estimates & Forecast Trend Analysis
9.1. North America Protein Ingredients Market Assessments & Key Findings
9.2. North America Protein Ingredients Market Share (%) Estimates and Forecasts, 2022 & 2033
9.3. North America Protein Ingredients Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
9.3.1. By Products
9.3.2. By Form
9.3.3. By Applications
9.3.4. By Major Country
9.3.4.1. The U.S.
9.3.4.2. Canada
10. Europe Protein Ingredients Market: Estimates & Forecast Trend Analysis
10.1. Europe Protein Ingredients Market Assessments & Key Findings
10.2. Europe Protein Ingredients Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. Europe Protein Ingredients Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
10.3.1. By Products
10.3.2. By Form
10.3.3. By Applications
10.3.4. By Major Country
10.3.4.1. Germany
10.3.4.2. The U.K.
10.3.4.3. France
10.3.4.4. Italy
10.3.4.5. Spain
10.3.4.6. Rest of Europe (includes all other European countries)
11. Asia Pacific Protein Ingredients Market: Estimates & Forecast Trend Analysis
11.1. Asia Pacific Protein Ingredients Market Assessments & Key Findings
11.2. Asia Pacific Protein Ingredients Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Asia Pacific Protein Ingredients Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
11.3.1. By Products
11.3.2. By Form
11.3.3. By Applications
11.3.4. By Major Country
11.3.4.1. China
11.3.4.2. Japan
11.3.4.3. India
11.3.4.4. ASEAN
11.3.4.5. South Korea
11.3.4.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
12. Middle East & Africa Protein Ingredients Market: Estimates & Forecast Trend Analysis
12.1. Middle East & Africa Protein Ingredients Market Assessments & Key Findings
12.2. Middle East & Africa Protein Ingredients Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Middle East & Africa Protein Ingredients Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
12.3.1. By Products
12.3.2. By Form
12.3.3. By Applications
12.3.4. By Major Country
12.3.4.1. GCC
12.3.4.2. South Africa
12.3.4.3. Egypt
12.3.4.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
13. Latin America Protein Ingredients Market: Estimates & Forecast Trend Analysis
13.1. Latin America Market Assessments & Key Findings
13.2. Latin America Protein Ingredients Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Latin America Protein Ingredients Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
13.3.1. By Products
13.3.2. By Form
13.3.3. By Applications
13.3.4. By Major Country
13.3.4.1. Brazil
13.3.4.2. Mexico
13.3.4.3. Rest of Latin America (includes all other Latin America countries)
14. Competitive Landscape
14.1. Protein Ingredients Market Revenue Share Analysis (%), By Major Players (2021)
14.2. Protein Ingredients Market Competition Matrix, By Leading Players
14.3. Protein Ingredients List of Emerging, Prominent & (Tons)
14.4. and Leading Players
14.5. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, Etc.
15. Company Profiles
15.1. Cargill
15.1.1. Company Overview & Insights
15.1.2. Financial Performance
15.1.3. Product / Service Portfolio
15.1.4. Geographical Footprint & Share
15.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
15.2. ADM
15.3. DuPont
15.4. Arla Foods
15.5. Rousselot
15.6. Gelita AG
15.7. AGRANA
15.8. AMCO Proteins
15.9. Hilmar Ingredients
15.10. Archer Daniels Midland Company
15.11. Burcon
15.12. Kerry Group
15.13. Omega Protein Corporation
15.14. Friesland
15.15. Axiom Foods
15.16. Mead Johnson Nutrition Company
15.17. Fonterra Co-operative Group
15.18. Kewpie Corporation
15.19. Bunge Limited
15.20. Glanbia PLC
15.21. Tessenderlo Group
15.22. Foodchem International Corporation
15.23. Roquette Frères
15.24. A&B Ingredients
15.25. Reliance Private Label Supplements
15.26. The Scoular Company
15.27. MGP Ingredients
15.28. CHS Inc
15.29. Others
16. Assumptions and Research Methodology
16.1. Data Mining
16.2. Secondary Research
16.3. Primary Research
16.4. Subject Matter Expert Advice
16.5. Quality Check
16.6. Final Review
16.7. Data Triangulation
16.8. Bottom-Up Approach
16.9. Top Down Approach
16.10. Research Flow
16.11. Key Insights from Industry Experts
16.12. Data Products
16.13. Assumptions
16.14. Limitations
17. Conclusions and Recommendations
17.1. Key Research Findings and Conclusion
17.2. Key Insights & Recommendations from Analysts
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