Protein Ingredients Market size is expected to be worth around USD 134.0 billion by
2033, from USD 74.1 billion in 2023, growing at a CAGR of 6.1% during the forecast
period from 2023 to 2033.
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The protein ingredients market refers to the sector involved in the production and supply of
protein-based components used in various food products. This includes proteins derived
from sources such as meat, dairy, soy, and plant-based ingredients.
As consumer preferences shift towards healthier eating habits, there is a growing demand
for protein ingredients in products like margarine and cold cuts. This trend is driven by
increased awareness of health benefits associated with protein consumption, including
improved muscle repair, weight management, and energy balance.
The market is experiencing robust growth due to innovation in protein formulations by
manufacturers, who are developing new protein types tailored to specific health needs.
These advancements cater to a diverse range of consumer requirements, from enhancing
muscle recovery to promoting satiety and weight loss.
As clean eating and health-conscious lifestyles gain popularity, the demand for functional
and high-quality protein ingredients continues to rise, presenting significant opportunities for
expansion within the industry.
Кеу Маrkеt Ѕеgmеntѕ
By Source
● Microbe-Based Proteins
● Animal/Diary Proteins
● Plant Proteins
● Insect Proteins
By Application
● Food & Beverages
● Protein Bars
● Protein Beverages
● Meat Alternatives
● Dairy Products
● Dietary Supplements
● Pharmaceuticals
● Animal Feed
● Personal Care Products
● Others
By Source
In 2023, animal-based proteins dominated the market with over 75.4% share, crucial for
liquid biopsy tests and recognized for their health benefits. Whey proteins, in particular,
support nutrition and immunity, especially for chemotherapy patients. Despite the high cost,
animal proteins continue to drive market growth.
Application Analysis
Food and beverages led the protein ingredients market in 2023, capturing over 40.2% of the
share. Advances in technology have improved whey protein quality, driving demand for
protein-rich functional foods and beverages.
Кеу Маrkеt Рlауеrѕ
● DuPont
● Fonterra Co-operative Group Limited
● Cargill, Incorporated
● ADM
● Kerry Group plc
● Arla Foods amba
● BRF Global
● International Flavors & Fragrances Inc.
● Royal FrieslandCampina NV
● Glanbia plc
● Solae LLC
● Axiom Food Inc.
● Davisco Foods International, Inc.
● Roquette Freres S.A.
● FrieslandCampina DMV B.V
Drivers
Post-COVID-19, there's been a notable shift towards healthier eating, with a focus on
boosting immunity through diet. As people increasingly prioritize health and wellness, the
demand for protein-rich foods has surged, reflecting a global trend toward stronger immune
systems and healthier lifestyles.
Restraints
Gelatin, commonly derived from animal parts like bones and hides, faces restrictions in
markets where dietary or religious practices oppose animal products. For example, in
Muslim communities and other regions with specific dietary rules, pork-derived gelatin is
unacceptable, limiting the market's expansion.
Opportunities
The rising interest in dairy and plant-based proteins presents significant growth
opportunities. With a shift towards veganism and concerns about sustainability and animal
welfare, plant proteins are gaining traction, particularly in regions with dietary restrictions or
cultural preferences, such as Islamic nations and parts of India and Nepal.
Challenges
The use of genetically modified (GM) ingredients in plant-based foods poses health and
safety concerns. As regulatory bodies demand clear labeling of GM products, and
consumers express worries about potential health risks and residues from weed killers, the
market faces challenges related to food quality and consumer trust.