U.S (New York)– The “Protein Ingredients Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Protein Ingredients Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The global protein ingredients market was valued at $53.78 billion in 2019, and is anticipated to reach $91.89 billion by 2027, growing at a CAGR of 6.4% during the forecast period. Animal proteins, such as whey protein, casein, and milk protein, work as gelling agents, thickening agents, carrier, foaming agents, and texture modifiers in the preparation of a wide range of food products. They are also widely used in various applications across industries, including animal feed, personal care, nutrition, and infant nutrition. Manufacturers of protein ingredients in food & beverages have highly invested in R&D to enhance taste, characteristics, or nutritional value of protein ingredients.
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Protein is considered as the building blocks of bones, skin, muscles, and blood. The human body requires protein to produce hormones, enzymes, and other body chemicals. Presently, protein supplements are used on a large scale due to rise in healthcare awareness among people and increase in obesity concerns. Therefore, these health concerns have led consumers to shift their focus toward nutritional & healthy diets and increase their protein consumption to get extra nutrients from protein supplements prepared using animal and plant protein, thereby fuelling the growth of the protein ingredients market. Moreover, egg and whey protein are the most preferred protein supplements among consumers, which are expected to drive the market for animal protein.
In addition, rapid urbanization and rise in number of middle-class families have led to changing lifestyle of consumers. The middle-income groups are more affluent and can spend more on nutritional needs of their children. This is anticipated to increase the adoption of infant formula globally, and drive the market for animal protein, which is one of the major ingredients of infant formula.
The protein ingredients market is segmented on the basis of source, form, application, and region. By source, it is categorized into animal and plant. Further, animal protein is segregated into whey protein, casein & caseinates, milk protein, egg protein, and others. Plant protein is classified into soy protein, wheat protein, pea protein, and others.
By form, it is bifurcated into solid and liquid. By application, it is divided into food & beverages, animal feed, cosmetics & personal care, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, Indonesia, New Zealand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, the UAE, Nigeria, Turkey, South Africa, and rest of LAMEA).
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Product Type Segmentation
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Key benefits for stakeholders
– The study provides an in-depth analysis of the protein ingredients market with current and future trends to identify the imminent investment pockets in the market.
– Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
– The report provides information regarding drivers, restraints, and opportunities with impact analysis.
– Quantitative analysis of the current market and estimation for the same from 2019 to 2027 is provided to showcase the financial competency of the market.
– Porter’s five forces model of the industry demonstrates the competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of buyers, and bargaining power of suppliers operating in the market.
– Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
– Competitive intelligence highlights the business practices, followed by the leading market players across various regions.
The key players profiled in this report includeCargill, ADM, DuPont, Kerry Group, Omega Protein Corporation, Friesland, Mead Johnson Nutrition Company, Fonterra Co-operative Group, Kewpie Corporation, and Bunge Limited.
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Key market segments
– By Type
o Animal
? Whey Protein Ingredients
? Casein & Caseinates
? Milk Protein
? Egg Protein
? Others
o Plant
? Soy Protein
? Wheat Protein
? Pea Protein
? Others
– Form
o Solid
o Liquid
– By Application
o Food & Beverages
o Animal Feed
o Cosmetics & Personal Care
o Others
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– By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? UK
? Italy
? Spain
? Russia
? Rest of Europe
o Asia-Pacific
? China
? Japan
? Australia
? South Korea
? Indonesia
? New Zealand
? Rest of Asia-Pacific
o LAMEA
? Brazil
? Argentina
? UAE
? Turkey
? Nigeria
? South Africa
? Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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