The global protein ingredients market size has reached USD 26.93 billion in 2017 due to increased demand arising from population growth. The demand for protein ingredients is mainly driven by increased urbanization, aging population, change in socio and economic condition due to rise in incomes and awareness of role of protein in heathy diet. However, negative impact on environment has restrained the growth of animal food protein market.
The major global growth in demand for protein rich food was seen in developing countries due to increased urbanization, economic development and change in dietary patterns. For instance, in November 2018, Cargill invested USD 235 million in Philippines, which has increased the production of pork, chicken, eggs to meet domestic demand. Additionally, rising adoption of protein ingredients in baby food and animal food are some other factors which would support the growth of global protein ingredients market between 2018 and 2025.
At a compound annual growth rate of 5.6 %, the size of the worldwide Protein Ingredients market is projected to reach USD 47.4 Bn in 2032.
.jpg "The Global Protein Ingredients Market 2022-2032 (USD Billion)")
Further, growing number of sports and health clubs, rising awareness of benefits for protein ingredients, accelerated demand for energy drinks and bars have led new development and innovations in product offerings by prominent players. These factors are anticipated to surge the global protein ingredients market size in the coming future.
One of the biggest challenges that may have an impact on global animal protein ingredients market share is the carbon footprint management. Production of animal protein ingredients emits approx. 12% of greenhouse gas. Further, the land required for keeping livestock and the feeding pastures is huge. In Europe two thirds of total agricultural area is used for livestock production like, lamb, chicken, turkey and eggs. Additionally, at times over consumption of proteins may also cause heath issues.
Food & beverages segment held the major global protein ingredients market share in the year 2017. Rising population and awareness regarding healthy diet have increased the popularity of protein rich foods and beverages. Likewise, growing attraction towards body building, muscle maintenance and rising number of athletes have increased the importance of protein content in their diet. This has evolved the current as well as future opportunity of protein ingredients in food & beverage segment. For instance, in November, 2018 Arla Food Ingredients launched whey-pro biscuit named “Nutrilac”
Animal based protein food held the largest share for global protein ingredients market as these contain all essential amino acids that help our body to function effectively. For instance, According to HealthFocus data, 60% of U.S. population prefer to eat animal based protein whereas 17 % are in favor of plant based proteins. Moreover, dairy protein, whey protein, egg protein and gelatin also held major share in protein ingredients market which led to the rise of animal protein segment. Aligned with this trend, Arla Food Ingredients has decided to build an innovation center in Denmark. The center would focus on pilot production and process development of protein ingredients from whey and milk
The global protein ingredients market is dominated by North America, followed by Europe and Asia Pacific. For instance, in January 2018, Cargill and PURIS a producer of pea protein signed a joint venture to accelerate the demand for plant based proteins in North America.
The competitive landscape of the global protein ingredients market size is highly fragmented with a large number of global and regional players including Archer Daniels Midland Company, Bunge Limited, CHS Inc., DuPont, Omega Protein Corporation, Cargill, Incorporated, Arla Food Ingredients, Agropur Cooperative, Glanbia plc and Friesland Campina DMV.
Protein Ingredients Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2032 |
| Study Period | 2018-2032 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2032 | USD 47.4 Bn |
| Growth Rate | CAGR of 5.6% during 2022-2032 |
| Segment Covered | Form, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Richard Wolf, KARL STORZ, MetroMed Healthcare, Planmeca, C.R. Bard, Ethicon, CooperSurgical, ConMed, and B. Braun Melsungen among others. |
Key segments of the global protein ingredients market
Ingredients Overview (USD million)
- Plant Based Protein
- Wheat
- Soy Protein Concentrates
- Soy Protein Isolates
- Textured Soy protein
- Pea
- Canola
- Other
- Animal Based Protein
- Egg Protein
- Milk Protein Concentrates/Isolates
- Whey Protein Concentrates (includes WPC 80 and WPC)
- Whey Protein Hydrolysates
- Whey Protein Isolates
- Gelatin
- Casein/Caseinates
Application Overview (USD Billion)
- Food & Beverages
- Infant formulations
- Personal care & cosmetics
- Animal Feed
Regional Overview, (USD Billion)
- North America
- US
- Europe
- United Kingdom
- Germany
- Asia Pacific
- India
- China
- Japan
- Rest of the World
Frequently Asked Questions (FAQ) :
The market value of protein ingredients market in 2032 was USD 47.4 Bn
The application of the protein ingredients market Foods & Beverages, Infant Formulations, Personal Care & Cosmetics and Animal Feed.
The top companies that hold the market share in protein ingredients market are Archer Daniels Midland Company, Cargill, Incorporated, Bunge Limited, DuPont, Agropur Cooperative, Omega Protein Corporation, Glanbia plc, CHS Inc., FrieslandCampina DMV & among others.