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Protein Ingredients Market Size By Product (Animal/Dairy Proteins, Plant Proteins), By Application & Forecast, 2023 - 2032
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Global Protein Ingredient Market is set to grow at a decent CAGR from 2023 to 2032 owing to the ongoing R&D operations to explore various novel product applications.
Protein ingredients produced from both plant and animal sources have emerged as essential ingredients in the food and beverage industries. Consumer demand for healthy and nutritious food options, particularly plant-based alternatives, will drive market growth.
Protein components are being used in various unique applications, including liquid protein fortification, plant-based dairy products, snacks, and nutritional supplements. Moreover, consumers are seeking sustainable and functional food options therefore these creative applications for products consider evolving dietary tastes and lifestyle choices.
Advancements in extraction, purification, and processing technologies have revolutionized the production and functionality of protein ingredients. These innovations have led to the development of new and improved protein sources, such as plant-based proteins, and enhanced the quality and nutritional value of existing protein ingredients.
Additionally, innovative techniques like enzymatic hydrolysis, microencapsulation, and protein modification have expanded the applications of protein ingredients in various food and beverage products. Such technological innovations will fuel the protein ingredient market by meeting consumer demands for high-quality, nutritious, and sustainable protein sources in a wide range of food and beverage products.
The protein ingredient market is segmented based on product, application, and region.
The plant protein ingredient market is gaining remarkable traction in recent years, attributed to the increasing consumer demand for plant-based alternatives. Increasing awareness about sustainability and health benefits, in line with technological innovations in plant protein extraction and processing methods, has fostered product demand.
Furthermore, plant proteins derived from sources like soy, pea, and rice are finding applications in a variety of food products, including meat substitutes, dairy alternatives, snacks, and beverages which are becoming popular due to the rising vegetarian and vegan populations globally.
The protein ingredient market is experiencing significant growth from the soy protein concentrates segment on account of its versatile applications in various food products, such as meat substitutes, beverages, and bakery items, which are driving market expansion and fueling innovation in this segment.
Based on application, the protein ingredient industry from personal care & cosmetics segment is estimated to grow at over 9% CAGR between 2023 and 2032 owing to the rising consumer awareness towards their hair and skin care. The growing use of hydrolyzed soy protein in skin and hair product applications due to high amino acid content will contribute to segment growth.
The North America protein ingredient industry size is estimated to reach over USD 28 billion by the end of 2032, attributed to the rising consumer preference for healthy food consumption and favorable government standards. Moreover, the presence of major food and beverage manufacturers in the region will impel the regional industry revenue.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market definitions
- 1.3 Market estimation & forecast parameters.
- 1.3.1 Base estimates & working
- 1.3.1.1 North America
- 1.3.1.2 Europe
- 1.3.1.3 Asia Pacific
- 1.3.1.4 Latin America (LATAM)
- 1.3.1.5 Middle East, & Africa (MEA)
- 1.3.2 Forecast calculations.
- 1.3.2.1 COVID-19 impact calculations on industry forecast.
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid Sources
- 1.4.2.2 Public Sources
Chapter 2 Executive Summary
- 2.1 Protein Ingredients Market industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Application trends
- 2.1.4 Regional trends
Chapter 3 Protein Ingredients Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size and forecast, 2018 - 2032.
- 3.2.1 COVID-19 impact on industry landscape.
- 3.3 Industry ecosystem analysis
- 3.3.1 Vendor matrix
- 3.3.2 Distribution chain analysis
- 3.3.2.1 Strategic Alliance
- 3.3.2.2 Collaboration
- 3.3.2.3 Distributors
- 3.3.2.4 Technology Providers
- 3.4 Raw material trends
- 3.4.1 Pea
- 3.4.2 Whey
- 3.4.3 Milk
- 3.4.4 Wheat
- 3.4.5 Egg
- 3.4.6 Canola
- 3.5 Regulatory landscape
- 3.5.1 Plant protein ingredients
- 3.5.2 Animal protein ingredients
- 3.6 Raw material trends
- 3.6.1 Growth drivers
- 3.6.1.1 Scientific evidence towards increasing health benefits.
- 3.6.1.2 Technological innovations
- 3.6.1.3 Rising novel applications usage
- 3.6.1.4 Nutraceutical applications in the U.S. and APAC
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 Fluctuating soybean prices
- 3.6.2.2 Growing threat from soy-based products.
- 3.7 Growth potential analysis
- 3.7.1 Emerging business model
- 3.7.1.1 Collaboration/Joint ventures
- 3.7.1.2 Acquisitions
- 3.7.1.3 New product launch
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Market share analysis, 2022
- 4.3 Competitive analysis of key market players, 2022
- 4.4 Competitive positioning matrix
- 4.5 Strategic outlook matrix
Chapter 5 Protein ingredients Market By product
- 5.1 Key product trends
- 5.2 Plant proteins
- 5.2.1 Global market estimates and forecasts, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Global plant protein ingredients by product market share, 2019 & 2026
- 5.3.1 Wheat protein
- 5.3.1.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.1.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.1.3 Market estimates and forecast, by application, 2018 - 2032
- 5.3.2 Soy protein concentrate
- 5.3.2.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.2.3 Market estimates and forecast, by application, 2018 - 2032
- 5.3.3 Soy Protein Isolates (SPI)
- 5.3.3.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.3.3 Market estimates and forecast, by application, 2018 - 2032
- 5.3.4 Textured Soy Protein (TSP)
- 5.3.4.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.4.3 Market estimates and forecast, by application, 2018 - 2032
- 5.3.5 Pea Protein
- 5.3.5.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.5.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.5.3 Market estimates and forecast, by application, 2018 - 2032
- 5.3.6 Canola protein
- 5.3.6.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.6.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.6.3 Market estimates and forecast, by application, 2018 - 2032
- 5.3.7 Other plant protein
- 5.3.7.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.7.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3.7.3 Market estimates and forecast, by application, 2018 - 2032
- 5.4 Global animal protein ingredients by product market share, 2019 & 2026
- 5.4.1 Animal proteins
- 5.4.1.1 Global animal proteins market, 2018 - 2032
- 5.4.1.2 Global animal proteins market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.2 Egg protein
- 5.4.2.1 Global egg protein market, 2018 - 2032
- 5.4.2.2 Global egg protein market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.3 Milk protein concentrates/isolates (MPC)
- 5.4.3.1 Global egg protein market, 2018 - 2032
- 5.4.3.2 Global egg protein market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.4 Whey protein concentrates
- 5.4.4.1 Global egg protein market, 2018 - 2032
- 5.4.4.2 Global egg protein market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.5 Whey protein hydrolates (WPH)
- 5.4.5.1 Global egg protein market, 2018 - 2032
- 5.4.5.2 Global egg protein market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.6 Gelatin
- 5.4.6.1 Global egg protein market, 2018 - 2032
- 5.4.6.2 Global egg protein market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 5.4.7 Casein/caseinates
- 5.4.7.1 Global egg protein market, 2018 - 2032
- 5.4.7.2 Global egg protein market, by region, 2018 - 2032, (Kilo Tons) (USD Million)
Chapter 6 Protein Ingredients Market, By Application
- 6.1 Key application trends
- 6.2 Food & beverage
- 6.2.1 Global protein ingredients market food & beverage market, 2018 - 2032
- 6.2.2 Global protein ingredients market volume and revenue from food & beverage, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.3 Infant formulations
- 6.3.1 Global protein ingredients market food & beverage market, 2018 - 2032
- 6.3.2 Global protein ingredients market volume and revenue from food & beverage, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.4 Personal care & cosmetics
- 6.4.1 Global protein ingredients market food & beverage market, 2018 - 2032
- 6.4.2 Global protein ingredients market volume and revenue from food & beverage, by region, 2018 - 2032, (Kilo Tons) (USD Million)
- 6.5 Animal Feed
- 6.5.1 Global protein ingredients market food & beverage market, 2018 - 2032
- 6.5.2 Global protein ingredients market volume and revenue from food & beverage, by region, 2018 - 2032, (Kilo Tons) (USD Million)
Chapter 7 Protein Ingredients Market , By Region
- 7.1 Protein Ingredients market, by region, 2022 & 2032
- 7.2 North America
- 7.2.1 Market estimate and forecast, 2018-2032
- 7.2.2 Market estimates and forecast, by product, 2018-2032
- 7.2.3 Market estimates and forecast, by application, 2018 - 2032.
- 7.2.4 U.S.
- 7.2.4.1 Market estimate and forecast, 2018-2032
- 7.2.4.2 Market estimates and forecast, by product, 2018-2032
- 7.2.4.3 Market estimates and forecast by application, 2018 - 2032
- 7.2.5 Canada
- 7.2.5.1 Market estimate and forecast, 2018-2032
- 7.2.5.2 Market estimates and forecast, by product, 2018-2032
- 7.2.5.3 Market estimates and forecast by application, 2018 - 2032
- 7.3 Europe
- 7.3.1 Market estimate and forecast, 2018-2032
- 7.3.2 Market estimates and forecast, by product, 2018-2032
- 7.3.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.4 UK
- 7.3.4.1 Market estimate and forecast, 2018-2032
- 7.3.4.2 Market estimates and forecast, by product, 2018-2032
- 7.3.4.3 Market estimates and forecast by application, 2018 - 2032
- 7.3.5 Germany
- 7.3.5.1 Market estimate and forecast, 2018-2032
- 7.3.5.2 Market estimates and forecast, by product, 2018-2032
- 7.3.5.3 Market estimates and forecast by application, 2018 - 2032
- 7.3.6 France
- 7.3.6.1 Market estimate and forecast, 2018-2032
- 7.3.6.2 Market estimates and forecast, by product, 2018-2032
- 7.3.6.3 Market estimates and forecast by application, 2018 - 2032
- 7.3.7 Italy
- 7.3.7.1 Market estimate and forecast, 2018-2032
- 7.3.7.2 Market estimates and forecast, by product, 2018-2032
- 7.3.7.3 Market estimates and forecast by application, 2018 - 2032
- 7.4 Asia Pacific
- 7.4.1 Market estimate and forecast, 2018-2032
- 7.4.2 Market estimates and forecast, by product, 2018-2032
- 7.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.4 China
- 7.4.4.1 Market estimate and forecast, 2018-2032
- 7.4.4.2 Market estimates and forecast, by product, 2018-2032
- 7.4.4.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.5 Japan
- 7.4.5.1 Market estimate and forecast, 2018-2032
- 7.4.5.2 Market estimates and forecast, by product, 2018-2032
- 7.4.5.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.6 India
- 7.4.6.1 Market estimate and forecast, 2018-2032
- 7.4.6.2 Market estimates and forecast, by product, 2018-2032
- 7.4.6.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.7 South Korea
- 7.4.7.1 Market estimate and forecast, 2018-2032
- 7.4.7.2 Market estimates and forecast, by product, 2018-2032
- 7.4.7.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.8 Thailand
- 7.4.8.1 Market estimate and forecast, 2018-2032
- 7.4.8.2 Market estimates and forecast, by product, 2018-2032
- 7.4.8.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.9 Malaysia
- 7.4.9.1 Market estimate and forecast, 2018-2032
- 7.4.9.2 Market estimates and forecast, by product, 2018-2032
- 7.4.9.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.10 Australia
- 7.4.10.1 Market estimate and forecast, 2018-2032
- 7.4.10.2 Market estimates and forecast, by product, 2018-2032
- 7.4.10.3 Market estimates and forecast by application, 2018 - 2032
- 7.4.11 Indonesia
- 7.4.11.1 Market estimate and forecast, 2018-2032
- 7.4.11.2 Market estimates and forecast, by product, 2018-2032
- 7.4.11.3 Market estimates and forecast by application, 2018 - 2032
- 7.5 Latin America
- 7.5.1 Market estimate and forecast, 2018-2032
- 7.5.2 Market estimates and forecast, by product, 2018-2032
- 7.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.4 Brazil
- 7.5.4.1 Market estimate and forecast, 2018-2032
- 7.5.4.2 Market estimates and forecast, by product, 2018-2032
- 7.5.4.3 Market estimates and forecast by application, 2018 - 2032
- 7.6 Middle East & Africa
- 7.6.1 Market estimate and forecast, 2018-2032
- 7.6.2 Market estimates and forecast, by product, 2018-2032
- 7.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.4 Saudi Arabia
- 7.6.4.1 Market estimate and forecast, 2018-2032
- 7.6.4.2 Market estimates and forecast, by product, 2018-2032
- 7.6.4.3 Market estimates and forecast by application, 2018 - 2032
- 7.6.5 UAE
- 7.6.5.1 Market estimate and forecast, 2018-2032
- 7.6.5.2 Market estimates and forecast, by product, 2018-2032
- 7.6.5.3 Market estimates and forecast by application, 2018 - 2032
Chapter 8 Company Profiles
- 8.1 DuPont Solae
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT analysis
- 8.2 Archer Daniels Midland (ADM)
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT analysis
- 8.3 Cargill, Inc
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Strategic outlook
- 8.3.5 SWOT analysis
- 8.4 Bunge Ltd
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT analysis
- 8.5 Mead Johnson Nutrition Company
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 SWOT analysis
- 8.6 CHS
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 SWOT analysis
- 8.7 The Scouler Company
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT analysis
- 8.8 Roquette
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 Strategic outlook
- 8.8.5 SWOT analysis
- 8.9 Burcon NutraScience Corporation
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 Strategic outlook
- 8.9.5 SWOT analysis
- 8.10 MGP Ingredients, Inc.
- 8.10.1.1 7Business overview
- 8.10.1.2 Financial data
- 8.10.1.3 Product landscape
- 8.10.1.4 SWOT analysis
- 8.11 Rousselot
- 8.11.1.1 7Business overview
- 8.11.1.2 Financial data
- 8.11.1.3 Product landscape
- 8.11.1.4 SWOT analysis
- 8.11.1.5
- 8.12 Tessenderlo Group
- 8.12.1.1 7Business overview
- 8.12.1.2 Financial data
- 8.12.1.3 Product landscape
- 8.12.1.4 SWOT analysis
- 8.13 CropEnergies AG
- 8.13.1.1 7Business overview
- 8.13.1.2 Financial data
- 8.13.1.3 Product landscape
- 8.13.1.4 SWOT analysis
- 8.14 Kewpie Corporation
- 8.14.1.1 7Business overview
- 8.14.1.2 Financial data
- 8.14.1.3 Product landscape
- 8.14.1.4 SWOT analysis
- 8.15 Fonterra Co-operative Group
- 8.15.1.1 7Business overview
- 8.15.1.2 Financial data
- 8.15.1.3 Product landscape
- 8.15.1.4 SWOT analysis
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