The global market for Protein Ingredients is estimated at US$57.3 Billion in 2023 and is projected to reach US$92.1 Billion by 2030, growing at a CAGR of 7.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the protein ingredients market is driven by several factors, reflecting the increasing demand for health-oriented and sustainable food products. The rising awareness about the health benefits of protein consumption, coupled with the growing prevalence of lifestyle-related health issues such as obesity and diabetes, is propelling the demand for protein-enriched foods and supplements. Technological advancements in protein extraction and formulation are enabling the development of high-quality, functional protein ingredients that cater to specific dietary requirements and preferences. The expanding vegan and vegetarian population is significantly boosting the market for plant-based protein ingredients.
Additionally, the surge in sports and fitness activities has led to a higher demand for protein supplements aimed at muscle building and recovery. The food industry's shift towards sustainability and ethical sourcing is driving investments in alternative protein sources, such as algae and cultured proteins, further accelerating market growth. These factors collectively underscore the critical role of protein ingredients in shaping the future of the food and nutrition sectors, addressing both health and environmental challenges.
The growth in the protein ingredients market is driven by several factors, reflecting the increasing demand for health-oriented and sustainable food products. The rising awareness about the health benefits of protein consumption, coupled with the growing prevalence of lifestyle-related health issues such as obesity and diabetes, is propelling the demand for protein-enriched foods and supplements. Technological advancements in protein extraction and formulation are enabling the development of high-quality, functional protein ingredients that cater to specific dietary requirements and preferences. The expanding vegan and vegetarian population is significantly boosting the market for plant-based protein ingredients.
Additionally, the surge in sports and fitness activities has led to a higher demand for protein supplements aimed at muscle building and recovery. The food industry's shift towards sustainability and ethical sourcing is driving investments in alternative protein sources, such as algae and cultured proteins, further accelerating market growth. These factors collectively underscore the critical role of protein ingredients in shaping the future of the food and nutrition sectors, addressing both health and environmental challenges.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Egg-based Protein Ingredients segment, which is expected to reach US$35.2 Billion by 2030 with a CAGR of a 6.8%. The Dairy-based Protein Ingredients segment is also set to grow at 7.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $16.0 Billion in 2023, and China, forecasted to grow at an impressive 9.3% CAGR to reach $14.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Protein Ingredients Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Protein Ingredients Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Protein Ingredients Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amway Corporation, Associated British Foods PLC, Carbery Food Ingredients Limited, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 160 Featured):
- Amway Corporation
- Associated British Foods PLC
- Carbery Food Ingredients Limited
- Barentz International BV
- Agropur Cooperative
- Avebe Group
- Armor Proteines SAS
- A&B Ingredients, Inc.
- AMCO Proteins
- BHJ A/S
- Biolac GmbH & Co. KG
- Agridient
- Axiom Foods, Inc.
- Burcon NutraScience Corporation
- Bioway (Xi'an) Organic Ingredients Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINAMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
BRAZIL
MIDDLE EAST
AFRICA
Companies Mentioned
- Amway Corporation
- Associated British Foods PLC
- Carbery Food Ingredients Limited
- Barentz International BV
- Agropur Cooperative
- Avebe Group
- Armor Proteines SAS
- A&B Ingredients, Inc.
- AMCO Proteins
- BHJ A/S
- Biolac GmbH & Co. KG
- Agridient
- Axiom Foods, Inc.
- Burcon NutraScience Corporation
- Bioway (Xi'an) Organic Ingredients Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 755 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 57.3 Billion |
Forecasted Market Value ( USD | $ 92.1 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |