Protein Ingredients Market (By Product: Plant Proteins, Animal/Dairy Proteins, Animal/Dairy Proteins, Insect Proteins; By Application: Food & Beverages, Infant Formulations, Clinical Nutrition, Animal Feed, Others; By Form: Isolates, Concentrates, Hydrolyzed) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 – 2030


The global protein ingredients market was estimated at US$ 72.12 billion in 2021 and it is expected to hit US$ 114.6 billion by 2030 poised to grow at a CAGR of 5.9% from 2022 to 2030.

Protein Ingredients Market Size | Report 2022 to 2030

Growth Factors

One of the significant factors driving the growth of global protein ingredients market is rising consumer awareness regarding healthy and nutritious food products. In addition, the growing demand for plant-based proteins is also contributing towards the growth and development of global protein ingredients market. Moreover, dieticians and doctors are recommending people to consume proteins on a large scale. This is attributed to the growing prevalence of chronic disorders and infections. Furthermore, the surge in the number of geriatric people is also boosting the expansion of global protein ingredients market.

Due to the rapid rise of the global population and growing consumer awareness of health and nutritional meals, the global protein ingredients market is expanding dramatically. The consumer knowledge of the advantages of a protein rich diet has boosted the demand for protein components in the infant formulation, nutritional supplement, and food and beverage industries all over the world. In addition, the surge in demand for soy protein is also propelling the growth of protein ingredients market. The Food and Drug Administration approved a health benefit for lowering LDL cholesterol through nutritional recommendations that recommend four meals of soy per day to help lower LDL cholesterol levels by 10% in the body.

The government all around the world is taking constant efforts for the development of global protein ingredients market. The government is investing for the expansion of food and beverage industry. This is directly impacting the growth and expansion of global protein ingredients market. Moreover, the government of emerging nations is collaborating with market players for increasing market reach in the market. The government is also conducting awareness programs for the promotion of protein ingredients among people. Thus, all of these aforementioned factors are driving the growth of global market.

Report Scope of the Protein Ingredients Market

Report Coverage Details
Market Size by 2030 USD 114.6 Billion
Growth Rate from 2022 to 2030

CAGR of 5.9%

North America Market Share in 2021 41%
Food and Beverages Segment Market Share in 2021 40%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Product, Application, Form, Geography
Companies Mentioned Archer Daniels Midland Company, DuPont, Rousselot, Fonterra, BurconNutraScience, Kewpie Corporation, Tessenderlo Group, Roquette Freres, The Scoular Company, CHS Inc.

 

The global protein ingredients market, like other large sectors or industries, had to bear the weight of the pandemic. With decreased sales and constraints, the expected growth rates dropped. The industries that made the product couldn’t function correctly. The global protein ingredients market growth has also been hampered by supply chain disruptions. While offline wholesalers and merchants suffered significant losses, the sales through online sales channel or e-commerce platforms saw a surge in demand for protein ingredients in the worldwide market. As a result, the impact of COVID-19 pandemic on the growth of global protein ingredients market was moderate in nature.

The key market participants are employing a variety of tactics in order to meet rising product demand while also lowering total costs by lowering raw material and labor prices. Due to the existence of organized and unorganized market structures in emerging and established nations, there is a great potential for public, small, and internationally famous firms in the global protein ingredients market. To grab growing markets and combat with domestic firms, major market players are pursuing acquisitions and mergers. The strategy has also aided corporations in expanding distribution networks in order to improve product supply across regions.

Product Insights

The animal proteins segment accounted revenue share of around 71% in 2021. The growth of the segment is attributed to a rise in health and fitness consciousness. Furthermore, animal protein is widely employed in a variety of applications, including pet food and cosmetics, whereas egg and milk proteins are often used in confectionary and baking items.

The plant proteins segment is fastest growing segment of the protein ingredients market in 2021. The expansion of the segment can be attributed to the low cost of plant proteins as compared to animal proteins. The consumers are gradually adopting plant protein sources since they are perceived to be healthier and more nutritious than their animal-based alternatives.

Application Insights

The food and beverages segment dominated the market in 2021 with revenue share of 40%. The customers are increasingly focusing on healthy diets with low fat and high nutritive value foods, leading to an increase in the consumption of protein components. As a result, there is a growing need for functional and nutritional food.

Protein Ingredients Market Share, By Application, 2021 (%)

The infant formulations segment is expected to hit strong growth from 2022 to 2030. The premixes for infants can contain either plant or animal proteins. The milk protein isolates and concentrates are commonly utilized in newborn formulae. The liquid ready to eat and powder or liquid versions of the products are available on large scale. The non-fat milk, partially hydrolyzed whey protein, and casein concentrates are all products made from cow milk.

Region Insights

North America region led the market in 2021 with revenue share of around 41%. The North American protein ingredients market size was valued 12,650 million in 2020. The growing trend of consuming healthy and nutritious food products is driving the growth of North America protein ingredients market. The other factors driving the growth of protein ingredients market in North America region are shift in consumer patterns and growing demand for vegan food products. The evidence by the United States Department of Agriculture that soy protein lowers the risk of heart disorders has propelled the protein ingredients market in the U.S. and surged the demand for other vegan proteins.

Protein Ingredients Market Share, By Region, 2021 (%)

Asia-Pacific is expected to develop at the fastest rate during the forecast period. India and China dominate the protein ingredients market in Asia-Pacific region. The growth of Asia-Pacific protein ingredients market is being driven by the surge in demand for animal and plant protein ingredients. The other factors contributing towards the growth of protein ingredients market in Asia-Pacific region are economic development and expansion of food and beverage and healthcare sectors.

Key Developments

  • Lcprodan BLG-100, a pure BLG ingredient with a unique nutritional profile, was declared by Arla Foods Ingredients in October 2021. It includes 45% more leucine, the major muscle building amino acid, than currently available why protein isolates, due to a patented new separation method.
  • Nutriance, a line of wheat protein concentrates with uses in sports and geriatric nutrition, was introduced to ADM’s ingredient portfolio in November 2017.
  • 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 North Dakota.
  • Cargill stated in October 2019 that it would invest $225 million in a facility in Ohio to better serve local farmers and meet the growing demand for protein and refined oils.

Some of the prominent players in the global protein ingredients market include:

  • Archer Daniels Midland Company
  • DuPont
  • Rousselot
  • Fonterra
  • BurconNutraScience
  • Kewpie Corporation
  • Tessenderlo Group
  • Roquette Freres
  • The Scoular Company
  • CHS Inc.

Segments Covered in the Report

(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)

By Product

  • Plant Proteins
    • Cereal-based
    • Legumes-based
    • Root-based
    • Nuts & Seeds-based
    • Ancient Grains
  • Animal/Dairy Proteins
    • Egg Protein
    • Milk Protein Concentrates/Isolates
    • Whey Protein Concentrates
    • Whey Protein Hydrolysates
    • Whey Protein Isolates
    • Gelatin
    • Casein/Caseinates
    • Collagen Peptides
  • Microbe Proteins
    • Algae
    • Bacteria
    • Yeast
    • Fungi
  • Insect Proteins
    • Coleoptera
    • Lepidoptera
    • Hymenoptera
    • Orthoptera
    • Hemiptera
    • Diptera
    • Others

By Application

  • Food & Beverages
    • Bakery & Confectionery
    • Beverages
    • Dairy Alternatives
    • Breakfast Cereals
    • Dietary Supplements/Weight Management
    • Sports Nutrition
    • Meat Alternatives & Extenders
    • Snacks
    • Others
  • Infant Formulations
  • Clinical Nutrition
  • Animal Feed
  • Others

By Form

  • Isolates
  • Concentrates
  • Hydrolyzed

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions

What is the current size of protein ingredients market?
The global protein ingredients market size was reached at US$ 72.12 billion in 2021 and it is anticipated to rake US$ 114.6 billion by 2030.
The global protein ingredients market is expected to grow at a CAGR of 5.9% from 2022 to 2030.
The major players operating in the protein ingredients market are Archer Daniels Midland Company, DuPont, Rousselot, Fonterra, BurconNutraScience, Kewpie Corporation, Tessenderlo Group, Roquette Freres, The Scoular Company, and CHS Inc.
The increased consumer awareness of healthy and nutritious food products is one of the major reasons driving the global protein ingredients market. In addition, the increased demand for plant-based proteins is boosting the worldwide protein ingredients market's growth and development.
In 2021, North America dominated the protein ingredients market with revenue share of 41% and will lead in the forecast period.
  • Report Code:1685
  • Category:Food and Beverages
  • No. of Pages:150+
  • Format:PDF/PPT/Excel
  • Status:Published

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