
Report ID: SQMIG30I2379
Report ID:
SQMIG30I2379 |
Region:
Global |
Published Date: February, 2025
Pages:
157
|
Tables:
61 |
Figures:
77
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.
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REQUEST FREE CUSTOMIZATIONProtein 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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Report ID: SQMIG30I2379