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Protein Ingredients Market

Global Protein Ingredients Market Size, Share, Growth: By Product Type: Animal Proteins, Plant Proteins; By Application: Food and Beverages, Personal Care and Cosmetics, Pharmaceuticals, Animal Feed, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Protein Ingredients Market Outlook 

The global protein ingredients market size reached a value of almost USD 40.38 billion in the year 2023. The protein ingredients industry is further expected to grow at a CAGR of 6% between 2024 and 2032 to reach a value of almost USD 68.24 billion by 2032.

 

Global Protein Ingredients Market

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The global protein ingredients market is driven by the rising health consciousness amongst consumers about the health benefits of the product. Protein ingredients aid in weight regulation, immunity improvement, and strength building and, thereby, are used extensively in various industries, including food and beverages, personal care products, cosmetics, and pharmaceuticals. 

 

Properties and Applications

Protein ingredients are referred to as the amino acids required to maintain the optimum protein level in the human being. These ingredients can be obtained from various sources, like plants or animals, and aid in repairing damaged cells.

 

Global Protein Ingredients Market By Application

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The industry is divided on the basis of product type into:

  • Animal Proteins
    • Egg Protein
    • Whey Protein
    • Gelatine
    • Casein
    • Milk Protein Concentrates/Isolates
  • Plant Proteins

Amongst these, animal proteins account for the majority of the market share.

Based on application, the industry is divided into:

  • Food and Beverages
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Animal Feed
  • Others

The food and beverage segment represents the largest market share owing to the growing demand for dietary supplements and functional food and beverages.

The report also covers the regional markets of protein ingredients like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Protein Ingredients Market By Region

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Market Analysis

The global protein ingredients market is driven by the rising incidences of obesity, diabetes, and malnutrition among the masses, which, as a result, has led to an increased number of health-conscious consumers across the world. The industry is further aided by the increase in the disposable income of the people and improving living standards. The rising popularity of protein-rich food and beverages, including dietary supplements and sports nutrition products, offering the right amount of protein nutrition is further accelerating market growth. 

The protein ingredients market is further propelled by the escalating number of health and fitness clubs across the globe, which has provided a boost to the industry growth of soy proteins in snacks and dairy products. The availability of vegan, vegetarian, and gluten-free product variants, catering to the individual requirements of the customer, is aiding the industry growth. Furthermore, ease and convenience of cooking protein ingredients products is providing an impetus to the industry growth. The industry may, however, find obstructions for its growth due to volatile prices of raw material and strict rules and regulations imposed by several authorities like the Food and Drug Administration in the US.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global protein ingredients market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cargill, Incorporated 
  • Archer-Daniels-Midland Company 
  • Kerry Group 
  • Omega Protein Corporation 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Region
Breakup by Product Type
  • Animal Proteins
  • Plant Proteins
Breakup by Application
  • Food and Beverages
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Animal Feed
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill, Incorporated 
  • Archer-Daniels-Midland Company 
  • Kerry Group 
  • Omega Protein Corporation 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Protein Ingredients Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Protein Ingredients Historical Market (2018-2023) 
    8.3    Global Protein Ingredients Market Forecast (2024-2032)
    8.4    Global Protein Ingredients Market by Product Type
        8.4.1    Animal Proteins
            8.4.1.1    Egg Protein
                8.4.1.1.1    Historical Trend (2018-2023)
                8.4.1.1.2    Forecast Trend (2024-2032)
            8.4.1.2    Whey Protein
                8.4.1.2.1    Historical Trend (2018-2023)
                8.4.1.2.2    Forecast Trend (2024-2032)
            8.4.1.3    Gelatine
                8.4.1.3.1    Historical Trend (2018-2023)
                8.4.1.3.2    Forecast Trend (2024-2032)
            8.4.1.4    Casein
                8.4.1.4.1    Historical Trend (2018-2023)
                8.4.1.4.2    Forecast Trend (2024-2032)
            8.4.1.5    Milk Protein Concentrates/Isolates
                8.4.1.5.1    Historical Trend (2018-2023)
                8.4.1.5.2    Forecast Trend (2024-2032)
        8.4.2    Plant Proteins
            8.4.2.1    Wheat Protein
                8.4.2.1.1    Historical Trend (2018-2023)
                8.4.2.1.2    Forecast Trend (2024-2032)
            8.4.2.2    Soy Protein
                8.4.2.2.1    Historical Trend (2018-2023)
                8.4.2.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Pea Protein
                8.4.2.3.1    Historical Trend (2018-2023)
                8.4.2.3.2    Forecast Trend (2024-2032)
            8.4.2.4    Others
    8.5    Global Protein Ingredients Market by Application
        8.5.1    Food and Beverages
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Personal Care and Cosmetics
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Pharmaceuticals
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Animal Feed
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others   
    8.6    Global Protein Ingredients Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Protein  Ingredients Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Protein Ingredients Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Protein Ingredients Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Protein Ingredients Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Protein Ingredients Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Manufacturing  Process

    16.1    Overview
    16.2    Detailed Process Flow
    16.3    Operation Involved
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Cargill, Incorporated
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Archer-Daniels-Midland Company
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Kerry Group.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Omega Protein Corporation
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Protein Ingredients Market: Key Industry Highlights, 2018 and 2032
2.    Global Protein Ingredients Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Protein Ingredients Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Protein Ingredients Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Protein Ingredients Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Protein Ingredients Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Protein Ingredients Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Protein Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Protein Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Protein Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Protein Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Protein Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Protein Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Protein Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Protein Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Protein Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Protein Ingredients Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Protein Ingredients Market Structure

Key Questions Answered in the Report

In 2023, the global protein ingredients market attained a value of nearly USD 40.38 billion.

The market is expected to grow at a CAGR of 6% between 2024 and 2032.

By 2032, the market is estimated to reach a value of about USD 68.24 billion.

The major drivers of the market are rising disposable incomes, increasing population, rising incidences of obesity and malnutrition, improving living standards, growing popularity of protein-rich foods and beverages, and increasing health consciousness.

The rising availability of vegan, vegetarian, and gluten-free variants of the protein ingredients and increasing number of health and fitness clubs are expected to be major trends of the market.

The major regional markets for protein ingredients are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
 

The dominant product types in the market are animal proteins and plant proteins.

Various applications of protein ingredients in the market are food and beverages, personal care and cosmetics, pharmaceuticals, and animal feed, among others.

The key players in the global protein ingredients market are Cargill, Incorporated, Archer-Daniels-Midland Company, Kerry Group, and Omega Protein Corporation, among others.

Analyst Review

The global protein ingredients market attained a value of USD 40.38 billion in 2023 driven by rising health consciousness. Aided by the product diversification, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6%. The market is projected to reach USD 68.24 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the market is divided into animal and plant proteins, with animal proteins leading the market. On the basis of application, the food and beverage segment accounts for the largest share in the market. The major regional markets for protein ingredients are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Cargill, Incorporated, Archer-Daniels-Midland Company, Kerry Group, and Omega Protein Corporation, and Mead Johnson.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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