Protein Ingredients Market: Global Industry Analysis and Forecast (2022-2029) by Source, Application and Region

Protein Ingredients Market was valued at US$ 29.77 Bn in 2021 and is expected to reach US$ 51.96 Bn by 2029, at a CAGR of 7.21% during a forecast period.
Protein Ingredients Market Dynamics:
The global protein ingredients market is growing rapidly due to increased concerns regarding health and wellness among the population across the globe. Protein ingredients have vast applications in the health and wellness industry, which include post-workout replenishment, pre-workout fuel, and muscle protection. Growing adoption of protein supplements, with advantages like high-calorie intake which is boosting the demand for protein ingredients among consumers. The rise in the craze of health clubs among the youth population globally is also driving the global protein ingredients market in a positive way. Global protein ingredients market is witnessing vibrant growth as the rising popularity of protein ingredients as health supplements. The growing demand for processed food products and energy drinks among consumers across the globe which is also propelling the global protein ingredients market growth in a positive way. Increased trend of rich protein diets, coupled with low-carbohydrates, which is fueling the global protein ingredients market growth.To know about the Research Methodology:-Request Free Sample Report
COVID-19 impact on the market:
COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.
Global Protein Ingredients Market Segment Analysis:
Based on the application, food & beverages segment is expected to propel the global protein ingredients market growth during the forecast period owing to expansion of the food & beverages industry across the globe. In addition, consumers look for a great product coupled with a pleasing taste and high nutritional value, which is also fueling the global protein ingredients market in a positive way. On the basis of source, plant segment is projected to hold the largest share in the global protein ingredients market as expanding the global vegan population. The growing number of people who are adopting vegan lifestyles across the globe.
Global Protein Ingredients Market Regional Analysis:
In terms of region, North America is estimated to contribute to the highest market share as increased growth of the health and wellness industry in this region. Growing demand for products such as energy bars, snacks, and cold cereals, which is estimated to boost the global protein ingredients market growth in the forecast period. Europe is expected to generate the highest CAGR in the global protein ingredients market during the forecast period as a huge consumption of protein-based energy products which rise human productivity. The growing dairy production in Poland is also catering to the overall growth of the European market. The Asia Pacific is expected to drive the global protein ingredients market growth as increased consciousness regarding health among consumers across the globe.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Protein Ingredients Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Protein Ingredients Market.
Global Protein Ingredients Market, Key Highlights:
• Global Protein Ingredients Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Protein Ingredients Market

• Global Protein Ingredients Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Protein Ingredients Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Protein Ingredients Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Protein Ingredients Market are also profiled.
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Global Protein Ingredients Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 29.77 Bn.


Forecast Period 2022 to 2029 CAGR:
7.21%
Market Size in 2029:
US $ 51.96 Bn.


 Segments Covered:
by Source
• Animal
• Plant


by Application
• Food & Beverage
• Animal Feed
• Cosmetics & Personal Care
• Pharmaceuticals
• Others


by Form
• Isolates
• Concentrates
• Others



Protein Ingredients Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Protein Ingredients Market Key Players
• Cargill, Incorporated
• Kerry Group
• Arla Foods
• Archer Daniels Midland Company
• DuPont.
• Omega Protein Corporation
• Amco Proteins.
• Fonterra Co-operative Group
• Gelita Ag.
• Hilmar Ingredients.
• A&B Ingredients Inc.
• Agridient Inc.
• Agropur MSI, LLC
• Davisco Foods International, Inc.
• Friesland

Frequently Asked Questions:

1. Which region has the largest share in Global Protein Ingredients Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Protein Ingredients Market?
Ans: The Global Protein Ingredients Market is growing at a CAGR of 7.21% during forecasting period 2021-2029.

3. What segments are covered in Global Protein Ingredients market?
Ans: Global Protein Ingredients Market is segmented into source, application,Form and region.

4. Who are the key players in Global Protein Ingredients market?
Ans: The important key players in the Global Protein Ingredients Market are – Cargill, Incorporated, Kerry Group, Arla Foods, Archer Daniels Midland Company, DuPont., Omega Protein Corporation, Amco Proteins., Fonterra Co-operative Group, Gelita Ag., Hilmar Ingredients., A&B Ingredients Inc., Agridient Inc., Agropur MSI, LLC, Davisco Foods International, Inc., Friesland

5. What is the study period of this market?
Ans: The Global Protein Ingredients Market is studied from 2021 to 2029.