Global Protein Ingredients Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 286
- CATEGORY
- Food & Beverages
Market Overview:
The protein ingredients market is a rapidly growing segment within the food and beverage industry. Protein ingredients are derived from various sources such as dairy, soy, wheat, and others, and are used for their nutritional value, functional properties, and flavor enhancement.
The market is being driven by several factors such as the increasing demand for high-protein diets, the rise in health awareness among consumers, and the growing trend of clean-label and plant-based products. In addition, the increasing demand for animal feed and the growing use of protein ingredients in the personal care and cosmetics industry are also contributing to the growth of the market.
The global protein ingredients market is expected to witness significant growth over the next few years, driven by the increasing demand from developing countries, particularly in the Asia-Pacific region. The growing population, increasing disposable incomes, and changing dietary habits in these regions are expected to boost the demand for protein ingredients.
The market is also witnessing a trend towards the use of plant-based protein ingredients as consumers become increasingly concerned about the environmental impact of animal-based protein production. This trend is expected to further drive the growth of the protein ingredients market.
Overall, the protein ingredients market is expected to continue to grow as consumers become more health-conscious and demand for high-protein products continues to increase.
Covid-19 Impact:
The COVID-19 pandemic has had a mixed impact on the protein ingredients market. While there has been a surge in demand for packaged and shelf-stable foods, there has been a decrease in demand for foodservice and other food products due to the closure of restaurants and other food establishments.
In the initial months of the pandemic, there was a temporary disruption in the supply chain of protein ingredients due to restrictions on transportation and international trade. However, the market quickly adapted to the new reality, and the supply chain has since recovered.
The pandemic has also led to a greater focus on health and wellness, which has increased the demand for protein ingredients. Consumers are increasingly seeking out products with high nutritional value, and protein ingredients have become an essential component of many health and wellness products. This trend is expected to continue post-pandemic, driving further growth in the protein ingredients market.
The pandemic has also led to a greater emphasis on sustainability and ethical sourcing, with consumers becoming more aware of the environmental impact of food production. As a result, there has been a growing interest in plant-based protein ingredients, which have a lower environmental impact than animal-based protein ingredients. This trend is expected to continue, driving further growth in the plant-based protein ingredients segment of the market.
Market Dynamics:
Drivers:
There are several drivers contributing to the growth of the protein ingredients market:
- Growing demand for high-protein diets: The increasing awareness about the health benefits of protein consumption, such as muscle building, weight management, and improved bone health, is driving the demand for high-protein diets. Protein ingredients are an excellent source of protein, and their use in food and beverage products has increased significantly in recent years.
- Rising health awareness: There is a growing emphasis on health and wellness, with consumers becoming more conscious about the nutritional content of the food they eat. Protein ingredients are often used in products marketed as healthy, natural, and organic, which are becoming increasingly popular with consumers.
- Increasing demand for plant-based products: The demand for plant-based protein ingredients is growing rapidly due to the rising awareness of the environmental impact of animal-based protein production. The trend towards veganism and vegetarianism is also contributing to the growth of the plant-based protein ingredients market.
- Growth in the food and beverage industry: The food and beverage industry is growing at a rapid pace, driven by the increasing population and rising disposable incomes. The demand for protein ingredients in this sector is also increasing, as manufacturers look to enhance the nutritional value and taste of their products.
- Technological advancements: The protein ingredients industry is seeing significant technological advancements, with new and innovative processing techniques being developed to improve the functionality and nutritional value of protein ingredients. These advancements are driving the growth of the market by expanding the range of applications for protein ingredients.
Regional Analysis:
The protein ingredients market can be analyzed regionally into North America, Europe, Asia-Pacific, and the Rest of the World.
North America is the largest market for protein ingredients, due to the high demand for protein-rich foods and beverages. The region is also home to several key players in the protein ingredients market, which contributes to the market's growth. Additionally, the growing trend of plant-based diets and the increasing demand for organic and non-GMO food products is driving the growth of the protein ingredients market in North America.
Europe is another significant market for protein ingredients, due to the high demand for functional and nutritional food products. The region has a well-established food and beverage industry, which drives the demand for protein ingredients. Furthermore, the growing trend of clean-label and natural food products is contributing to the growth of the protein ingredients market in Europe.
Asia-Pacific is the fastest-growing market for protein ingredients, due to the increasing population, rising disposable incomes, and changing dietary habits in the region. The growing demand for processed foods and beverages is driving the demand for protein ingredients in the Asia-Pacific region. Additionally, the trend towards plant-based diets and the increasing demand for health and wellness products is driving the growth of the protein ingredients market in the region.
The Rest of the World, which includes Latin America, the Middle East, and Africa, is also witnessing significant growth in the protein ingredients market. The increasing demand for healthy and nutritional food products, coupled with the growing food and beverage industry in the region, is driving the demand for protein ingredients. Additionally, the increasing adoption of western dietary habits and the growing trend of plant-based diets is driving the growth of the protein ingredients market in this region.
Market Segmentation:
The protein ingredients market can be segmented by type, application, and source.
By type, the protein ingredients market can be segmented into:
- Plant-based proteins: This segment includes protein ingredients derived from sources such as soy, wheat, pea, rice, and others.
- Animal-based proteins: This segment includes protein ingredients derived from sources such as whey, casein, egg, and others.
By application, the protein ingredients market can be segmented into:
- Food and beverages: This segment includes protein ingredients used in products such as sports nutrition, functional foods, dairy products, bakery products, and others.
- Animal feed: This segment includes protein ingredients used in animal feed to improve the nutritional content of the feed.
- Personal care and cosmetics: This segment includes protein ingredients used in personal care and cosmetic products for their nutritional and functional properties.
- Pharmaceuticals: This segment includes protein ingredients used in pharmaceutical products for their therapeutic properties.
By source, the protein ingredients market can be segmented into:
- Plant-based: This segment includes protein ingredients derived from sources such as soy, wheat, pea, rice, and others.
- Animal-based: This segment includes protein ingredients derived from sources such as whey, casein, egg, and others.
- Others: This segment includes protein ingredients derived from sources such as algae and insects, which are emerging as alternative sources of protein.
Competitive Landscape:
Some key players in the protein ingredients market include:
- Archer Daniels Midland Company
- Cargill, Inc.
- DuPont de Nemours, Inc.
- Kerry Group plc
- Ingredion Incorporated
- Roquette Frères S.A.
- Fonterra Co-operative Group Limited
- Royal DSM N.V.
- Axiom Foods, Inc.
- Tate & Lyle plc
These companies are constantly investing in research and development activities to develop new and innovative protein ingredients that offer enhanced functionality and nutritional value. They are also expanding their product portfolios through mergers and acquisitions to strengthen their market position and increase their presence in key markets. Additionally, these companies are focusing on sustainable and environmentally friendly protein ingredients to meet the growing demand for sustainable food products.
Global Protein Ingredients Market: Regional AnalysisAll the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Protein Ingredients market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Protein Ingredients Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
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Historic Year: 2016-2022
Forecast: 2024-2035
1 Protein Ingredients Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Protein Ingredients
1.3 Protein Ingredients Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Protein Ingredients
1.4.2 Applications of Protein Ingredients
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Sojaprotein Market Performance Analysis
3.1.1 Sojaprotein Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Sojaprotein Sales, Value, Price, Gross Margin 2016-2021
3.2 Topagri Market Performance Analysis
3.2.1 Topagri Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Topagri Sales, Value, Price, Gross Margin 2016-2021
3.3 Daiichi Kasei Market Performance Analysis
3.3.1 Daiichi Kasei Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Daiichi Kasei Sales, Value, Price, Gross Margin 2016-2021
3.4 Cargill Market Performance Analysis
3.4.1 Cargill Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Cargill Sales, Value, Price, Gross Margin 2016-2021
3.5 Gelita Market Performance Analysis
3.5.1 Gelita Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Gelita Sales, Value, Price, Gross Margin 2016-2021
3.6 Blue Wave Market Performance Analysis
3.6.1 Blue Wave Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Blue Wave Sales, Value, Price, Gross Margin 2016-2021
3.7 Aroma Market Performance Analysis
3.7.1 Aroma Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Aroma Sales, Value, Price, Gross Margin 2016-2021
3.8 Norland Products Market Performance Analysis
3.8.1 Norland Products Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Norland Products Sales, Value, Price, Gross Margin 2016-2021
3.9 Koyo Mercantile Market Performance Analysis
3.9.1 Koyo Mercantile Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Koyo Mercantile Sales, Value, Price, Gross Margin 2016-2021
3.10 Kewpie Market Performance Analysis
3.10.1 Kewpie Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Kewpie Sales, Value, Price, Gross Margin 2016-2021
3.11 Nitta Gelatin Market Performance Analysis
3.11.1 Nitta Gelatin Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Nitta Gelatin Sales, Value, Price, Gross Margin 2016-2021
3.12 Solae Company(Danisco, Dupont) Market Performance Analysis
3.12.1 Solae Company(Danisco, Dupont) Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Solae Company(Danisco, Dupont) Sales, Value, Price, Gross Margin 2016-2021
3.13 World Food Processing Market Performance Analysis
3.13.1 World Food Processing Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 World Food Processing Sales, Value, Price, Gross Margin 2016-2021
3.14 Tessenderlo Group Market Performance Analysis
3.14.1 Tessenderlo Group Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Tessenderlo Group Sales, Value, Price, Gross Margin 2016-2021
3.15 Showa Market Performance Analysis
3.15.1 Showa Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Showa Sales, Value, Price, Gross Margin 2016-2021
3.16 Sterling Gelatin Market Performance Analysis
3.16.1 Sterling Gelatin Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Sterling Gelatin Sales, Value, Price, Gross Margin 2016-2021
3.17 FUJIOIL Market Performance Analysis
3.17.1 FUJIOIL Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 FUJIOIL Sales, Value, Price, Gross Margin 2016-2021
3.18 Taiyo International Market Performance Analysis
3.18.1 Taiyo International Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Taiyo International Sales, Value, Price, Gross Margin 2016-2021
3.19 CHS Market Performance Analysis
3.19.1 CHS Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 CHS Sales, Value, Price, Gross Margin 2016-2021
3.20 Rousselot Market Performance Analysis
3.20.1 Rousselot Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Rousselot Sales, Value, Price, Gross Margin 2016-2021
3.21 Okabe Group Market Performance Analysis
3.21.1 Okabe Group Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 Okabe Group Sales, Value, Price, Gross Margin 2016-2021
3.22 Nisshin Oillio Market Performance Analysis
3.22.1 Nisshin Oillio Basic Information
3.22.2 Product and Service Analysis
3.22.3 Strategies for Company to Deal with the Impact of COVID-19
3.22.4 Nisshin Oillio Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Protein Ingredients Production and Value by Type
4.1.1 Global Protein Ingredients Production by Type 2016-2021
4.1.2 Global Protein Ingredients Market Value by Type 2016-2021
4.2 Global Protein Ingredients Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Animal Market Production, Value and Growth Rate
4.2.2 Plant Market Production, Value and Growth Rate
4.3 Global Protein Ingredients Production and Value Forecast by Type
4.3.1 Global Protein Ingredients Production Forecast by Type 2022-2030
4.3.2 Global Protein Ingredients Market Value Forecast by Type 2022-2030
4.4 Global Protein Ingredients Market Production, Value and Growth Rate by Type Forecast 2022-2030
4.4.1 Animal Market Production, Value and Growth Rate Forecast
4.4.2 Plant Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Protein Ingredients Consumption and Value by Application
5.1.1 Global Protein Ingredients Consumption by Application 2016-2021
5.1.2 Global Protein Ingredients Market Value by Application 2016-2021
5.2 Global Protein Ingredients Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Food and Beverages Market Consumption, Value and Growth Rate
5.2.2 Cosmetics and Personal Care Market Consumption, Value and Growth Rate
5.2.3 Animal Feed Market Consumption, Value and Growth Rate
5.2.4 Pharmaceutical Market Consumption, Value and Growth Rate
5.3 Global Protein Ingredients Consumption and Value Forecast by Application
5.3.1 Global Protein Ingredients Consumption Forecast by Application 2022-2030
5.3.2 Global Protein Ingredients Market Value Forecast by Application 2022-2030
5.4 Global Protein Ingredients Market Consumption, Value and Growth Rate by Application Forecast 2022-2030
5.4.1 Food and Beverages Market Consumption, Value and Growth Rate Forecast
5.4.2 Cosmetics and Personal Care Market Consumption, Value and Growth Rate Forecast
5.4.3 Animal Feed Market Consumption, Value and Growth Rate Forecast
5.4.4 Pharmaceutical Market Consumption, Value and Growth Rate Forecast
6 Global Protein Ingredients by Region, Historical Data and Market Forecasts
6.1 Global Protein Ingredients Sales by Region 2016-2021
6.2 Global Protein Ingredients Market Value by Region 2016-2021
6.3 Global Protein Ingredients Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Protein Ingredients Sales Forecast by Region 2022-2030
6.5 Global Protein Ingredients Market Value Forecast by Region 2022-2030
6.6 Global Protein Ingredients Market Sales, Value and Growth Rate Forecast by Region 2022-2030
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Protein Ingredients Value and Market Growth 2016-2021
7.2 United State Protein Ingredients Sales and Market Growth 2016-2021
7.3 United State Protein Ingredients Market Value Forecast 2022-2030
8 Canada Market Size Analysis 2016-2026
8.1 Canada Protein Ingredients Value and Market Growth 2016-2021
8.2 Canada Protein Ingredients Sales and Market Growth 2016-2021
8.3 Canada Protein Ingredients Market Value Forecast 2022-2030
9 Germany Market Size Analysis 2016-2026
9.1 Germany Protein Ingredients Value and Market Growth 2016-2021
9.2 Germany Protein Ingredients Sales and Market Growth 2016-2021
9.3 Germany Protein Ingredients Market Value Forecast 2022-2030
10 UK Market Size Analysis 2016-2026
10.1 UK Protein Ingredients Value and Market Growth 2016-2021
10.2 UK Protein Ingredients Sales and Market Growth 2016-2021
10.3 UK Protein Ingredients Market Value Forecast 2022-2030
11 France Market Size Analysis 2016-2026
11.1 France Protein Ingredients Value and Market Growth 2016-2021
11.2 France Protein Ingredients Sales and Market Growth 2016-2021
11.3 France Protein Ingredients Market Value Forecast 2022-2030
12 Italy Market Size Analysis 2016-2026
12.1 Italy Protein Ingredients Value and Market Growth 2016-2021
12.2 Italy Protein Ingredients Sales and Market Growth 2016-2021
12.3 Italy Protein Ingredients Market Value Forecast 2022-2030
13 Spain Market Size Analysis 2016-2026
13.1 Spain Protein Ingredients Value and Market Growth 2016-2021
13.2 Spain Protein Ingredients Sales and Market Growth 2016-2021
13.3 Spain Protein Ingredients Market Value Forecast 2022-2030
14 Russia Market Size Analysis 2016-2026
14.1 Russia Protein Ingredients Value and Market Growth 2016-2021
14.2 Russia Protein Ingredients Sales and Market Growth 2016-2021
14.3 Russia Protein Ingredients Market Value Forecast 2022-2030
15 China Market Size Analysis 2016-2026
15.1 China Protein Ingredients Value and Market Growth 2016-2021
15.2 China Protein Ingredients Sales and Market Growth 2016-2021
15.3 China Protein Ingredients Market Value Forecast 2022-2030
16 Japan Market Size Analysis 2016-2026
16.1 Japan Protein Ingredients Value and Market Growth 2016-2021
16.2 Japan Protein Ingredients Sales and Market Growth 2016-2021
16.3 Japan Protein Ingredients Market Value Forecast 2022-2030
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Protein Ingredients Value and Market Growth 2016-2021
17.2 South Korea Protein Ingredients Sales and Market Growth 2016-2021
17.3 South Korea Protein Ingredients Market Value Forecast 2022-2030
18 Australia Market Size Analysis 2016-2026
18.1 Australia Protein Ingredients Value and Market Growth 2016-2021
18.2 Australia Protein Ingredients Sales and Market Growth 2016-2021
18.3 Australia Protein Ingredients Market Value Forecast 2022-2030
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Protein Ingredients Value and Market Growth 2016-2021
19.2 Thailand Protein Ingredients Sales and Market Growth 2016-2021
19.3 Thailand Protein Ingredients Market Value Forecast 2022-2030
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Protein Ingredients Value and Market Growth 2016-2021
20.2 Brazil Protein Ingredients Sales and Market Growth 2016-2021
20.3 Brazil Protein Ingredients Market Value Forecast 2022-2030
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Protein Ingredients Value and Market Growth 2016-2021
21.2 Argentina Protein Ingredients Sales and Market Growth 2016-2021
21.3 Argentina Protein Ingredients Market Value Forecast 2022-2030
22 Chile Market Size Analysis 2016-2026
22.1 Chile Protein Ingredients Value and Market Growth 2016-2021
22.2 Chile Protein Ingredients Sales and Market Growth 2016-2021
22.3 Chile Protein Ingredients Market Value Forecast 2022-2030
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Protein Ingredients Value and Market Growth 2016-2021
23.2 South Africa Protein Ingredients Sales and Market Growth 2016-2021
23.3 South Africa Protein Ingredients Market Value Forecast 2022-2030
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Protein Ingredients Value and Market Growth 2016-2021
24.2 Egypt Protein Ingredients Sales and Market Growth 2016-2021
24.3 Egypt Protein Ingredients Market Value Forecast 2022-2030
25 UAE Market Size Analysis 2016-2026
25.1 UAE Protein Ingredients Value and Market Growth 2016-2021
25.2 UAE Protein Ingredients Sales and Market Growth 2016-2021
25.3 UAE Protein Ingredients Market Value Forecast 2022-2030
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Protein Ingredients Value and Market Growth 2016-2021
26.2 Saudi Arabia Protein Ingredients Sales and Market Growth 2016-2021
26.3 Saudi Arabia Protein Ingredients Market Value Forecast 2022-2030
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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