USD 82.3 billion
Report ID:
SQMIG30I2379 |
Region:
Global |
Published Date: February, 2025
Pages:
157
|Tables:
61
|Figures:
77
Protein Ingredients Market size was valued at USD 82.3 billion in 2023 and is poised to grow from USD 87.24 billion in 2024 to USD 139.04 billion by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032).
The protein ingredients market is gaining important traction, determined by a surging demand for food items like cold cuts, spreads, yogurt, milk sausages, bakery products and margarine that are made using protein ingredients. The discriminating consumption of these products, predominantly among health-conscious and aging consumers, is a key factor driving the protein ingredients industry's development. Moreover, the protein ingredients market growth is due to increased origination by various manufacturers in the realm of protein development, offering a varied array of amino acids that cater to specific functions such as satiety, muscle repair, weight loss, and energy balance. This tendency is anticipated to make substantial growth chances within the protein ingredients market.
There has been a distinguished surge in the consumption of animal-based products within the protein ingredients industry in current times, and this movement is expected to continue its rising sequence in the coming years in the U.S. The significant demand for products resulting from animal sources in the domestic market is predictable to additional boost product demand. The protein ingredients market is also anticipated to accept impetus from supply chain creativities initiated by ingredient manufacturing companies, leading to fortify the distribution of products during the forecast period.
Plant-based constituents, derived from crops such as pea, soy, canola, wheat, are prominent. Soy protein, in certain, has exhibited substantial development and holds the largest segment in the plant-based category. It is composed to observe a robust CAGR in the forecast period. Furthermore, the Food and Drug Administration has granted approval for a health claim, approving the reduction of LDL cholesterol through dietary guidelines that mention four servings of soy per day to achieve a 10% reduction in LDL cholesterol levels in the body.
The protein ingredients market growth is predicted to be propelled by product innovations and technological advancements. Protein ingredients find application across diverse sectors, with isolates, known for their high dispersibility and fine particle size, being lengthily used in dairy applications. Consumer belief in the associated health benefits of these products has been an essential driver of growth in recent years, and this protein ingredients market trend is expected to persevere throughout the forecast period.
US Protein Ingredients Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 82.3 billion
Largest Segment
Animal Source
Fastest Growth
Animal Source
Growth Rate
6.0% CAGR
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Global Protein Ingredients Market is segmented by Product, Form, Application and region. Based on Product, the market is segmented into Plant Proteins. Based on Form, the market is segmented into Solid and Liquid. Based on Application, the market is segmented into Food & Beverages, Infant Formulations, Clinical Nutrition, Animal Feed and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
In 2023, the animal/dairy protein segment is predicted to constitute a substantial protein ingredients market share, accounting for 78.94%. The pouring force behind the growth of the animal protein segment within the market stems from the rising demand for high-quality protein across various sectors, counting food and beverage, animal feed, and personal care industries. Predictable as a complete protein source due to its possession of all essential amino acids vital for human body function, animal protein is favored by consumers seeking to support a healthy lifestyle.
Plant proteins are composed to realize a noteworthy CAGR of 9.1% in terms of revenue during the forecast period, driven by the growing consumer preference for plant-based diets. The relative affordability of plant proteins related to their animal-derived counterparts is predicted to propel the growth of the plant segment in the predictable future. Furthermore, the rising trend of veganism is contributive to the surge in the consumption of plant-based elements, chiefly in North America and Europe. The perception that plant-based products offer a healthier alternative to animal-based counterparts has led to a growing adoption of products derived from sources.
The protein ingredients market was largely directed by the food and beverage segment, with a significant protein ingredients market share of 39.21% in 2022, and this dominance is expected to persevere throughout the forecast period. Whey protein ingredients, well-known for their cost-effectiveness, play an essential role in the bakery and confectionery industry. Ongoing progressions in process design and technology have particularly improved the quality of whey products, with a focus on highly refined variations such as demineralized whey, whey protein isolates and whey protein concentrates. These technological treads have donated to the increased integration of protein ingredients in various functional food products, inspiring them with vital nutrients.
Protein ingredients find important application in animal feed, representing another remarkable sector in the protein ingredients market. This sector is anticipated to exhibit the fastest CAGR of 6.3% during the forecast period. Inside the animal feed industry, there is a determined effort by companies to advocate for reduced environmental emissions, fostering a heightened demand for alternative proteins in animal feed products. The growing authority to optimize animal feed premixes, chiefly with non-GMO proteins, underscores the growing recognition of the importance of sustainable and efficient protein sources in the realm of animal diet.
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In 2023, North America proclaimed its dominance in the market, impressing over 33.56% of the protein ingredients market share. The rising demand for protein ingredients in the region is driven by the increasing feeding of snacks, energy bars and cold cereals. Particularly, companies like Mead Johnson and Cargill, Inc. have donated to this protein ingredients market trend by introducing innovative products such as Enfamil Human Milk Fortifier Liquid High Protein, designed to meet consumer preferences for cholesterol-free and low-saturated-fat beverages. This introduction of novel products is predictable to additionally stimulate the demand in the North American protein ingredients market.
Asia Pacific is predicted to witness the uppermost growth rate, reaching 6.3% during the forecast period, attributed to the development of robust consumer markets in countries similar to China and India. China protein ingredients market, in particular, stands out as one of the foremost producers of both plant and animal-based products, promoting the appropriate convenience of raw materials.
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Increasing Demand for Health and Wellness Products
Rising Popularity of Plant-Based Diets
Taste and Texture Challenges
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The protein ingredients market is considered by intense competition, driven by a dynamic landscape shaped by factors such as innovation, product diversification, and partnerships. Key protein ingredients industry players are aggressively engaged in research and development activities to introduce novel protein formulations, catering to developing consumer preferences. The competitive landscape is further shaped by strategic collaborations and acquisitions. Companies are forming partnerships to enhance their capabilities in terms of processing, distribution and sourcing.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, the protein ingredients market is experiencing a robust expansion driven by multi-layered factors. The increasing global emphasis on health and wellness, joined with a rising awareness of the importance of protein in a balanced diet, is pushing the market's growth. Plant-based proteins, in specific, are gaining prominence due to the escalating acceptance of vegetarian and vegan lifestyles, aligning with broader sustainability trends. Concurrently, advancements in food processing technologies and innovations in protein preparations are developing diverse product offerings. Though, challenges persist, such as taste and texture anxieties in certain protein ingredients. Also, the market is witnessing premeditated initiatives, acquisitions, and expansions by key players, underscoring the active nature of the industry. As the demand for sustainable, functional, and nutritious food products continues to intensify, the Protein Ingredients Market is composed for sustained growth and diversification, catering to developing consumer preferences and driving invention in the wider food industry.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 82.3 billion |
Market size value in 2032 | USD 139.04 billion |
Growth Rate | 6.0% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Protein Ingredients Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Protein Ingredients Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Protein Ingredients Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Protein Ingredients Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Protein Ingredients Market size was valued at USD 81.54 Billion in 2023 and is poised to grow from USD 86.27 Billion in 2024 to USD 391.91 Billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).
The protein ingredients market is considered by intense competition, driven by a dynamic landscape shaped by factors such as innovation, product diversification, and partnerships. Key protein ingredients industry players are aggressively engaged in research and development activities to introduce novel protein formulations, catering to developing consumer preferences. The competitive landscape is further shaped by strategic collaborations and acquisitions. Companies are forming partnerships to enhance their capabilities in terms of processing, distribution and sourcing. 'Archer Daniels Midland Company', 'Cargill, Incorporated', 'Kerry Group plc', 'DuPont de Nemours, Inc. (now part of IFF)', 'Ingredion Incorporated', 'AGRANA Beteiligungs-AG', 'Fonterra Co-operative Group Limited', 'Roquette Frères', 'The Scoular Company', 'Omega Protein Corporation', 'Hilmar Ingredients', 'Tate & Lyle PLC', 'Glanbia plc', 'Mead Johnson Nutrition (Acquired by Reckitt Benckiser)', 'Amco Proteins', 'Gelita AG', 'Rousselot (Darling Ingredients Inc.)', 'Burcon NutraScience Corporation', 'Sonac BV (Darling Ingredients Inc.)', 'A&B Ingredients', 'Farbest Brands', 'Armor Proteines'
The protein ingredients market is observing robust development, pushed meaningfully by the swelling demand for health and wellness products. A key driver in this course is the growing global consciousness among consumers about the energetic role of protein in preserving a healthy lifestyle. As people become more health-conscious, there is a sensitive preference for food and beverage products that are not only nourishing but also rich in protein content. This protein ingredients market trend is ambitious by the credit of protein's essential role in muscle development, weight management, and overall well-being. As a result, the market experiences a surge in the incorporation of protein ingredients into an extensive array of products, ranging from functional foods to supplements, cuisine to the expanding consumer base looking for health-centric choices in their nutritional preferences.
Sustainable Sourcing and Production: Significant to the environmental impact of traditional food production, stakeholders in the protein ingredients industry are increasingly arranging sustainable sourcing. This includes responsible obtaining of raw materials, including plant-based proteins, to minimize ecological footprints, and morally produced animal-derived proteins. Moreover, there is a rising focus on protein ingredients market trends, emphasizing sustainable production processes that incorporate eco-friendly methods and technologies to decrease energy feeding and waste generation.
In 2023, North America proclaimed its dominance in the market, impressing over 33.56% of the protein ingredients market share. The rising demand for protein ingredients in the region is driven by the increasing feeding of snacks, energy bars and cold cereals. Particularly, companies like Mead Johnson and Cargill, Inc. have donated to this protein ingredients market trend by introducing innovative products such as Enfamil Human Milk Fortifier Liquid High Protein, designed to meet consumer preferences for cholesterol-free and low-saturated-fat beverages. This introduction of novel products is predictable to additionally stimulate the demand in the North American protein ingredients market.
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