Global Protein Ingredients Market size is expected to reach USD 48.77 billion by 2025. Protein is a macronutrient which is essential to building blocks of the human body. It is generally found in animal product and present in the other sources such as legumes and nuts. Seafood, meat, poultry, beans, grains and dairy products are the good sources of protein. The increasing awareness amongst the consumers, especially for dietary supplements and functional foods is a main factor drive the growth of market in the coming years. The market is expected to register a CAGR of 7.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

There are two types of protein-based products are available such as animal proteins and plant proteins. The animal proteins consist of egg protein, whey protein concentrates, milk protein concentrates/ isolates whey protein hydrolysates, gelatin, whey protein isolates, casein / caseinates and others whereas the plant protein including wheat, soy protein concentrates, textured soy protein, soy protein isolates, pea, canola and others. The “soy protein concentrates” are the high consumed form of plant proteins ingredients and is projected to grow at the higher CAGR in the upcoming period due to it easily digestible and having greater fat retention capacity and higher nutritional level. Also, the soy concentrates are increasingly used in breakfast cereals, baked products, meat products and poultry products.

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Protein ingredients could be explored by application such as infant formulations, foods & beverages, personal care & cosmetics, animal feed, protein & nutritional bars, supplements & nutritional powders, pharmaceuticals, breakfast cereals, bakery & confectionery, dairy products, meat & meat products and others. The “food & beverage” industry is expected to hold the large market share in the years to come owing to the growing population, changing lifestyle of consumers and rising number of cafes & restaurants especially in the emerging countries of India and China.

The factors that play an important role in the growth of this market include increasing demand, growing population, increasing urbanization & industrialization, growing consumer inclination towards healthy food, rising concerns about animal nutrition & health, increasing demand for superior personal & health care products, increasing health consciousness among consumers and increasing demand for processed foods & energy drinks. Moreover, rapidly growing food & beverages industry in Asia Pacific countries including India, Malaysia, China & Indonesia and growing domestic demand for foods & beverages in emerging countries of BRICS are expected to boost the market growth in the upcoming period. In addition, the growing demand for soy proteins for food applications such as snacks, dairy products and sports nutrition will positively contribute to the growth of the protein ingredients market in the next couple of years.

However, fluctuating prices of protein-based products is negatively impacting the growth of protein ingredients industry. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product type, form, application and geography. The market is classified into form such as isolate, concentrate and others.

North America is expected to hold the large market share in the upcoming period due to increasing consumption of energy bars, snacks & cold cereals, growing demand for high nutritional products, increasing disposable income, new product development, increasing the number of health conscious population and growing food & beverage industry. Asia Pacific is projected to grow at the higher CAGR in the years to come owing to growing exports and domestic demand. The growth of cosmetics & healthcare industries in India, Japan, South Korea and China, coupled with the low manufacturing cost of protein-based products as compared to the U.S. and European countries, is expected to boost the protein ingredients market growth in the upcoming period.

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The key players contributing to the robust development of the protein ingredients industry include DuPont, Archer Daniels Midland Company (ADM) Inc., Cargill Inc., Kewpie Corporation, Kerry Group plc, E. I. du Pont de Nemours and Company, Arla Foods, Bunge Limited, AMCO Proteins, Omega Protein Corporation, GELITA AG, Fonterra Co-operative Group Ltd., Hilmar Ingredients and CHS Inc. The major market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Protein Ingredients Type Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Plant proteins
• Animal proteins

Plant Protein Ingredients Product Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Wheat
• Soy protein concentrates
• Soy protein isolates
• Textured soy protein
• Pea
• Canola
• Others

Animal Protein Ingredients Product Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Egg protein
• Milk protein concentrates/isolates
• Whey protein concentrates
• Whey protein hydrolysates
• Whey protein isolates
• Gelatin
• Casein/Caseinates

Protein Ingredients Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2014 - 2025)
• Foods & beverages
• Infant formulations
• Personal care & cosmetics
• Animal Feed

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Latin America
• Brazil
• Middle East & Africa

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Global Market Insights, Inc. has added a new report on Protein Ingredients Market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

Global Protein Ingredient Market size was higher than $22.1 billion for 2015 and forecast to record CAGR of more than 7.1% by end of forecast timeframe. Rising customer consciousness about health advantages from nutrient intake coupled with growing importance of its use in cosmetics segment as well as in food & beverages segment is predicted to industry expansion.

Further, favorable impact on cardiovascular health and diabetes prevention coupled with muscle building has positively stimulated the industry demand. Approvals by European Union and Food & Drug Administration to utilize protein ingredients in customer products coupled with its wider adoption in countries like Canada, Australia and Japan are projected to promote global protein ingredient industry expansion. In addition to this, rising penetration of the application in cosmetic items and personal care items due to its healthy features are projected to propel global protein ingredient market trends.

However, low adoption of other ingredients owing to lack of consciousness can inhibit industry growth. Limited supply of soybean as well as rising demand from alternate applications and channels are key factors projected to affect global protein ingredient market price.

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Global Protein Ingredient Market Share is consolidated. ADM, DuPont, Cargil, Mead Johnson,and Bunge are major market players. Dairy and soy ingredient production is based in Germany, France, Italy, China, India, and the U.S. Many industrial participants in India and China are focusing on raw material trend which will expand manufacturing base in the regions. Other prominent companies include Roquette, Fonterra, Scoular, Burcon, Rouseelot, NutraScience, Kewpie Egg Corporation, Tessenderlo, and Crop Energies Bio Wanze.

Whey protein ingredient are used as food supplement, improve athletic performance, and alternative to milk for people with lactose intolerance. It is beneficial for asthma, weight loss, obesity, cancer patients, preventing allergy, and high cholesterol level. Protein ingredient industry outlook is primarily divided into animal and plant-based sources. These products are mainly used in functional and conventional food with respect to nutritional benefits. Growing incidences of various diseases has led healthcare sector to boost product demand. Intake of protein products help stimulate body muscles and regulates body functions properly.

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Global protein ingredient industry is segmented into North America, MEA, Latin America, Europe and APAC. U.S. protein ingredient market share led the regional industry demand contributing more than $6.6 billion in revenue terms for 2015. Customer choice for healthy items along with government acceptance to utilize these ingredients in infant formulas, food and cosmetics has fueled the regional industry expansion. Europe protein ingredient industry contributed higher than $7.1 billion in terms of revenue for 2015 and is predicted to experience heavy industry expansion.

APAC industry is anticipated to register CAGR of more than 7.1% during forecast timeline owing to heavy food & beverage sales in nations like India, Malaysia, China, Thailand and South Korea. Rise in customer expenditure on food supplements, nutrition and healthcare owing to increase in buying capacity is projected to propel regional industry expansion.

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April 12, 2019: The global protein ingredients market size is expected to reach USD 48.77 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.5% during the forecast period. Rising demand for nutrient rich food content is projected to propel the demand.

Growing health awareness among consumers is likely to boost plant and dairy market as it helps reduce risk of diabetes and cardiovascular diseases. Plant and dairy protein ingredients have been approved for use by the U.S. Food and Drug Administration (FDA) and are approved as an essential ingredient by the European Union and other countries around the world including Japan, Australia, and Canada. Presence of favorable government regulations in various regions is anticipated to propel the demand for plant and dairy proteins over the estimated period.

Vegetable-based protein isolates are widely used for dairy applications owing to their fine particle size and dispersibility. Soy proteins are primarily employed in liquid whipped toppings, coffee whiteners, pre-whipped topping, and toppings of other emulsified food items to replace sodium-caseinate. Increasing demand from these application areas, technological advancements, and product innovations are anticipated to be the key drivers for the protein ingredients market over the projected period.

Higher profitability concerning soy protein manufacturing is expected to result in increased marketing expenditures, thus catalyzing product demand over the forecast period. In addition, initiatives including International Sustainability and Carbon Certification and Initiative for Sustainable Soy and Round Table on Responsible Soy resulted in proactive positioning of soy as a sustainable protein source. Food aid nutrition programs on a global level are driving the soy industry further augmenting protein ingredients market.

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Further key findings from the report suggest:

• Animal proteins led the global protein ingredient market, accounting for over 73% market share in terms of revenue in 2018

• Soy protein concentrates is predicted to be the largest product segment by 2025. It is expected to be the highest revenue-generating segment constituting 34.9% market share in 2018

• Food and beverage registered the highest revenue at a CAGR of over 7.4% from 2019 to 2025 due to rising population in developing countries

• North America was the largest regional segment accounting for 34.2% of the total market share in terms of revenue and is expected to expand at a CAGR of 7.1% between 2019 and 2025

• The protein ingredients market is dominated by specific key companies such as Bunge, ADM, DuPont, and Cargill.

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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Information Procurement
1.2.1 Purchased Database
1.2.2 GVR’s Internal Database
1.2.3 Secondary Sources & Third-Party Perspectives
1.2.4 Primary Research
1.3 Information Analysis
1.3.1 Data Analysis Models
1.4 Market Formulation & Data Visualization
1.5 Data Validation & Publishing
1.6 Research Scope & Assumptions
1.7 List of Data Sources

Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights

The Global Protein Ingredients Market Size is projected to reach USD 47.13 billion by 2025. Increasing awareness about healthy eating habits, adoption of strict dietary procedures due to busy lifestyle, technological advancements to produce variety of types and growing demand from different industries including food and beverages, Personal care & cosmetics, and infant formulations.

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Regional analysis shows that North America dominated the global protein ingredients market in 2017 by occupying 37.4% share and is expected to remain in lead during the forecast period. However, Asia Pacific is anticipated to grow at a fastest CAGR in the coming years. China and India are the major markets with larger population and high consumption. Moreover, the consumption of protein ingredients such as egg protein, whey protein, wheat, and soy protein is increasing as people are becoming more health conscious and focusing on health and nutrition products.

Adroit Market Research launched a study titled, “Global Protein Ingredients Market Size 2017 by Ingredient Type (Plant Proteins [Wheat, Soy Protein Isolates, Soy Protein Concentrates, Textured Soy protein, Canola and Pea], Animal & Dairy Protein [Milk Protein Concentrates/Isolates, Egg Protein, Whey Protein Hydrolysates, Whey Protein Concentrates, Whey Protein Isolates, Gelatin and Casein]), by Application (Foods & Beverages, Infant Formulations, Personal Care & Cosmetics and Animal Feed) by Region and Forecast 2018 to 2025”. The study covers the global protein ingredients market value and volume for a period ranging in between 2015 to 2025, where 2015 to 2017 imply the historical value with forecast between 2018 and 2025. The global protein ingredients market report also includes qualitative insights of the market such as value chain analysis, porters five forces analysis, drivers and restraints.

The global protein ingredients market is highly fragmented as of 2017. The established players are holding major share in different types of ingredients. For instance, Archer Daniels Midland Company is popular for plant based protein ingredients and Arla Food Ingredients major focus is on diary based protein ingredients. Moreover, the companies are expanding their presence in different regions by investing in new plants. In June 2016, Arla Food Ingredients stated a new plant with the investment of USD 52 million in Denmark.

The top players in the global protein ingredients market are Archer Daniels Midland Company, Cargill, Incorporated, Bunge Limited, DuPont, Agropur Cooperative, Omega Protein Corporation, Glanbia plc, CHS Inc., FrieslandCampina DMV and Arla Food Ingredients.

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