Protein Ingredients Market
Protein Ingredients Market Size, Share & Trends Analysis Report by Source (Animal Source, Plant Source), and by Application (Food and Beverages, Animal Feed, Infant Food, Pharmaceuticals, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global protein ingredients market is anticipated to grow at a significant CAGR of 9.0% during the forecast period. Amino acids, which are organic molecules formed of carbon, hydrogen, nitrogen, oxygen, or sulphur, make up protein constituents chemically. Product innovations and technological improvements are expected to be the primary drivers of market growth. Protein components are increasingly used in a variety of applications. For instance, isolates, have a high dispersibility and a very tiny particle size, making them popular in dairy applications.
Crops such as soy, canola, wheat, and pea are used to make plant-based components. Soy protein has been steadily increasing in popularity, and it now holds the greatest proportion of the plant-based protein market. Over the projection period, it is expected to increase at a fast compound annual growth rate. Furthermore, the Food and Drug Administration (FDA) has approved a health claim for the lowering of LDL cholesterol through dietary guidelines that recommend four servings of soy per day to help lower LDL cholesterol levels by 10% in the body.
Impact of COVID-19 Pandemic on Global Protein Ingredients Market
The COVID-19 pandemic has had an impact on people's food consumption and shopping habits all around the world. People have reduced their consumption of meat and poultry as a result of increased health concerns. Protein substitution products, in which protein components play a vital role, have filled this protein consumption gap. During this time, global usage of immunity-boosting products has surged, fueling the demand for protein components even more.
Segmental Outlook
The global protein ingredient market is segmented based on source and applications. Animal sources include egg, dairy, and other protein ingredients. Animal proteins are highly beneficial in building muscles and good health. Based on the plant source, the market is segmented into soy protein, wheat protein, vegetable protein, and canola protein. Plant proteins are gaining more popularity and market share. Plant proteins consist of low fat and cholesterol. Soy proteins are anticipated to dominate the plant proteins market. Non-soy proteins are also gaining popularity and more R&D is going to discover more plant sources and products. Based on application, the market is segmented into food and beverages, animal feed, infant food, pharmaceuticals, and other applications.
Global Protein Ingredients Market Share by Source, 2021 (%)
The Soy Protein Segment is Expected to Hold a Prominent Share in the Global Protein Ingredients Market
The global protein ingredient market is segmented based on source and applications. Animal sources include egg, dairy, and other protein ingredients. Based on the plant source, the market is segmented into soy protein, wheat protein, vegetable protein, and canola protein. Among these, the soy protein segment is anticipated to hold a prominent share in the market. Soy protein received the maximum possible score of 1.0 in a PDCAAS (protein digestibility-corrected amino acid score) approach, which provides protein quality rankings by comparing the amino acid profile of a food protein to a standard amino acid profile. This score indicates that after digestion, soy protein offers 100% or more of the essential amino acids required, making it a nutrient-dense source of protein. Furthermore, soy protein is a physiologically active non-isoflavone component of soy that has health benefits such as cholesterol-lowering, blood pressure-lowering, cancer risk and diabetes incidence reduction, and beneficial effects on renal function and cardiac health.
Regional Outlooks
The global protein ingredients market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia Pacific region is anticipated to be the fastest-growing region in the protein ingredients market owing to increased consumption of snacks, cold cereals, and energy bars in the region.
Global Protein Ingredients Market Growth, by Region 2022-2028
The North American Region is Anticipated to hold the Prominent Share in the Global Protein Ingredients Market
The North American region is anticipated to hold a prominent share of the protein ingredients market. The confirmation by the United States Department of Agriculture (USDA) that soy protein decreases heart disease has boosted the market in the US and generated demand for additional vegan proteins. In the region, the market for soy-based drinks and nutrition bars is more stable and saturated.
Market Players Outlook
The major companies serving the global protein ingredients market include Cargill Inc., DuPont de Nemours Inc., and Archer Daniel Midland Co. The companies are focusing on product innovations, expansions, mergers & acquisitions, and finding a new market or innovation in their core competency to expand individual market share. For instance, in May 2020, Marfrig and ADM announced Plantplus Foods, a joint venture that will provide clients in North and South America with plant-based goods. ADM intends to contribute all of its technological expertise to the development of a system that combines ingredients, scents, and a plant basis from the protein complex, including its new pea protein facility in Enderlin, North Dakota.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global protein ingredients market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1.Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Protein Ingredients Market
- Recovery Scenario of Global Protein Ingredients Market
1.1.Research Methods and Tools
1.2.Market Breakdown
1.2.1.By Segments
1.2.2.By Region
2.Market Overview and Insights
2.1.Scope of the Report
2.2.Analyst Insight & Current Market Trends
2.2.1.Key Findings
2.2.2.Recommendations
2.2.3.Conclusion
3.Competitive Landscape
3.1.Key Company Analysis
3.1.1.Overview
3.1.2.Financial Analysis
3.1.3.SWOT Analysis
3.1.4.Recent Developments
3.2.Key Strategy Analysis
3.3.Impact of COVID-19 on Key Players
4.Market Segmentation
4.1.Global Protein Ingredients Market by Source
4.1.1.Animal Source
4.1.1.1.Egg Protein
4.1.1.2.Diary Protein
4.1.1.3.Other (Whey Protein, Gelatin)
4.1.2.Plant Source
4.1.2.1.Soy Protein
4.1.2.2.Wheat Protein
4.1.2.3.Vegetable Protein
4.1.2.4.Canola Protein
4.2.Global Protein Ingredients Market by Application
4.2.1.Food and Beverages
4.2.2.Aquaculture
4.2.3.Infant Foods
4.2.4.Pharmaceuticals
4.2.5.Others (Health Supplements, Cosmetics)
5.Regional Analysis
5.1.North America
5.1.1.United States
5.1.2.Canada
5.2.Europe
5.2.1.UK
5.2.2.Germany
5.2.3.Italy
5.2.4.Spain
5.2.5.France
5.2.6.Rest of Europe
5.3.Asia-Pacific
5.3.1.China
5.3.2.India
5.3.3.Japan
5.3.4.South Korea
5.3.5.Rest of Asia-Pacific
5.4.Rest of the World
6.Company Profiles
6.1.Amco Proteins
6.2.Archer Daniels Midland
6.3.Arla Foods
6.4.Bunge Ltd.
6.5.Cargill Inc.
6.6.Dupont De Nemours Inc.
6.7.Erie Foods International, Inc
6.8.Fonterra Co-Operative Group
6.9.Glanbia, Plc
6.10.Grande Custom Ingredients Group
6.11.Hilmar Ingredients
6.12.Kerry Group Plc
6.13.Kewpie Egg Corp.
1.GLOBAL PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
2.GLOBAL PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY ANIMAL SOURCE, 2021-2028 ($ MILLION)
3.GLOBAL EGG PROTEIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4.GLOBAL DAIRY PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5.GLOBAL OTHERS PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6.GLOBAL PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY PLANT SOURCE, 2021-2028 ($ MILLION)
7.GLOBAL SOY PROTEIN S MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8.GLOBAL WHEAT PROTEIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9.GLOBAL CANNED PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10.GLOBAL VEGETABLE PROTEIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11.GLOBAL CANOLA PROTEIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12.GLOBAL PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028($MILLION)
13.GLOBAL PROTEIN INGREDIENTS IN FOOD AND BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14.GLOBAL PROTEIN INGREDIENTS IN AQUACULTURE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15.GLOBAL PROTEIN INGREDIENTS IN INFANT FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16.GLOBAL PROTEIN INGREDIENTS IN PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17.GLOBAL PROTEIN INGREDIENTS IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18.GLOBAL PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
19.NORTH AMERICAN PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20.NORTH AMERICAN PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
21.NORTH AMERICAN PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22.EUROPEAN PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23.EUROPEAN PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
24.EUROPEAN PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION,2021-2028 ($ MILLION)
25.ASIA-PACIFIC PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26.ASIA-PACIFIC PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
27.ASIA-PACIFIC PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28.REST OF THE WORLD PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29.REST OF THE WORLD PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
30.REST OF THE WORLD PROTEIN INGREDIENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1.IMPACT OF COVID-19 ON GLOBAL PROTEIN INGREDIENTS MARKET, 2021-2028 ($ MILLION)
2.IMPACT OF COVID-19 ON GLOBAL PROTEIN INGREDIENTS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3.RECOVERY OF GLOBAL PROTEIN INGREDIENTS MARKET, 2022-2028 (%)
4.GLOBAL PROTEIN INGREDIENTS MARKET SHARE BY SOURCE, 2021 VS 2028 (%)
5.GLOBAL ANIMAL SOURCE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6.GLOBAL EGG PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7.GLOBAL DAIRY PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8.GLOBAL OTHER ANIMAL PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9.GLOBAL PLANT PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10.GLOBAL SOY PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11.GLOBAL WHEAT PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12.GLOBAL VEGETABLE PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13.GLOBAL CANOLA PROTEIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14.GLOBAL PROTEIN INGREDIENTS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
15.GLOBAL PROTEIN INGREDIENTS IN FOOD AND BEVERAGES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16.GLOBAL PROTEIN INGREDIENTS IN AQUACULTURE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17.GLOBAL PROTEIN INGREDIENTS IN INFANT FOODS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18.GLOBAL PROTEIN INGREDIENTS IN PHARMACEUTICALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19.GLOBAL PROTEIN INGREDIENTS IN OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20.GLOBAL PROTEIN INGREDIENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21.US PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
22.CANADA PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
23.UK PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
24.FRANCE PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
25.GERMANY PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
26.ITALY PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
27.SPAIN PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
28.REST OF EUROPE PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
29.INDIA PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
30.CHINA PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
31.JAPAN PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
32.SOUTH KOREA PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
33.REST OF ASIA-PACIFIC PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
34.REST OF THE WORLD PROTEIN INGREDIENTS MARKET SIZE, 2021-2028 ($ MILLION)
