According to the current analysis
of Reports and Data, the global Protein
Ingredients market was valued at USD 29.18 Billion in 2018 and is
expected to reach USD 52.31 Billion by the year 2026, at a CAGR of 7.6%. The
factors driving the growth of the protein ingredients market are the increasing
demand for protein functionalities, increasing about healthy diet &
nutritional food, and growing demand for superior personal care and healthcare
products. A noticeable global trend in the market is the demand for purer products
with reduced processing that has led to the development of native whey and
micellar casein. The growing preference for convenience foods and nutrient-rich
fortified food is another factor fueling the demand for protein ingredients.
These ingredients are essential
for body functioning since proteins are the primary source of fuel. They can be
obtained from plants as well as animals. Plant proteins are usually obtained
from wheat, pea, and soy and are used for texturizing vegetable proteins. Plant
proteins help in fighting diabetes and obesity effectively. Animal proteins are
widely used as protein supplements for muscle building. Along with this, the
enormous demand for animal proteins, and growing awareness about healthy eating
and fitness are majorly propelling expansion in the global protein ingredients
market. Apart from this, the growth of the global protein ingredients market is
further bolstered by the increasing use of soy isolates and the rate of
consumption of eggs and caseinates. Moreover, cost sensitivity associated with
the production of protein-rich products negatively impacts the growth of the
global protein ingredients market. However, rapidly launching pocket-friendly
protein supplement products is expected to help the growth of the market during
the forecast years.
To identify the key trends in
the industry, click on the link below:
Further key findings from
the report suggest
- The increasing demand for processed as well as
functional food products are expected to boost the demand for protein
ingredients. The rising consumer awareness about the health benefits of
these products along with the increasing use of sports & energy supplements
is expected to fuel the growth of protein ingredients market.
- The rising demand for functional foods containing
protein-based ingredients is due to increasing incidences of
health-related issues. This inturns fosters the demand during the forecast
years. The market is further driven by the availability of vegan,
vegetarian, and gluten-free products.
- The increasing fitness trend among health-conscious
consumers, coupled with the role of protein-rich foods in muscle building
and weight management, is stimulating market growth.
- The Asia Pacific region is projected to register the
fastest growth at CAGR of 8.8%. The growth in this region is mainly driven
by growing exports and increasing domestic demand for these ingredients in
the region.
- Based on application, the food & beverage segment
dominated the protein ingredients market in 2018; owing to the growing
health consciousness among consumers. The shift in consumer preference on
healthy diets with low-fat and highly nutritious value food leads to a high
demand for protein ingredients.
- The fluctuating raw material prices along with
stringent rules and regulations limit the market growth during forecast
years
- Key participants include ADM, DuPont, Gelita, Omega
Protein Corporation, Kewpie Corporation, among others.
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For the purpose of this report,
Reports and Data has segmented the Protein Ingredients market on the basis of
source, form, application, and region:
Source (Revenue, USD Billion;
2016–2026)
- Animal
- Dairy
- Milk
- Whey
- Egg
- Gelatin
- Plant
- Wheat
- Vegetables
- Soy
- Soy Protein Concentrates
- Soy Protein Isolates
- Textured Soy protein
Form Type (Revenue, USD
Billion; 2016–2026)
- Dry
- Liquid
Application (Revenue, USD
Billion; 2016–2026)
- Food & Beverages
- Pharmaceutical
- Feed
- Cosmetics & Personal Care
Regional Outlook (Revenue in
USD Billion; 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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