Protein Ingredients Market

• Growing health concerns among consumers are driving the market growth

Market CAGR for protein ingredients is being driven by the rising health concerns in consumers. The very common factor fueling the growth of the protein ingredients market is increasing consumers' awareness in concern to healthy and nutritious food products. Doctors and dietitians are suggesting people consume proteins on a large scale, owing to the increase in the prevalence of chronic disorders and infections. There is a growth in the demand for plant-based protein that is contributing to the protein ingredients.

The increase in geriatric people opting for a healthy lifestyle is also boosting the growth of the market protein ingredients globally. With the rapid increase of the population and rising consumer awareness of health and nutritional meals, the protein ingredients industry is growing exponentially. The consumer's knowledge about the benefits of a protein-rich diet has boosted the demand for protein components in the infant formulations, nutritional supplements, and food and beverages industries globally. Furthermore, the rise in the demand for soy protein is also boosting the growth of the protein ingredients market.

The Food and Drug Administration consented to a health benefit for minimizing the LDL cholesterol through nutritional recommendations, which suggest four meals of soy per day to assist lower LDL cholesterol levels by 10% in the body. The plant-based ingredients are manufactured from crops, including soy, canola, wheat, and pea. The demand for soy protein is significantly growing due to its health benefits. The market is getting popular with the increasing demand for the food products like margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages that are developed using protein.

The Global Protein Ingredients Market Industry experiences a surge in demand driven by increasing health consciousness among consumers. As individuals become more aware of the benefits of protein in their diets, the market is likely to expand significantly. In 2024, the market is projected to reach 46.2 USD Billion, reflecting a growing preference for protein-rich foods and supplements. This trend is particularly evident in regions where health and wellness trends are gaining traction, leading to a shift towards plant-based and animal-based protein sources. The emphasis on nutrition and fitness is expected to further propel the market's growth in the coming years.

The sports nutrition segment is emerging as a significant driver within the Global Protein Ingredients Market Industry. As fitness and athletic pursuits gain popularity, there is a growing demand for protein supplements and functional foods designed to support muscle recovery and performance. This segment is likely to witness substantial growth, with consumers increasingly seeking products that enhance their athletic performance. The market's expansion in this area is indicative of a broader trend towards active lifestyles and wellness. As more individuals engage in sports and fitness activities, the demand for high-quality protein ingredients tailored for this segment is expected to rise, further propelling the market forward.

The Global Protein Ingredients Market Industry is witnessing a notable shift towards plant-based protein sources. This trend is fueled by increasing consumer demand for sustainable and environmentally friendly food options. As more individuals adopt vegetarian and vegan diets, the market for plant-based proteins is likely to flourish. By 2035, the market could potentially reach 115.8 USD Billion, driven by innovations in plant protein formulations and the introduction of new products. Companies are investing in research and development to enhance the taste and texture of plant-based proteins, making them more appealing to a broader audience. This shift not only addresses dietary preferences but also aligns with global sustainability goals.

The food and beverage sector is a primary driver of the Global Protein Ingredients Market Industry. With the rising popularity of protein-enriched products, manufacturers are incorporating protein ingredients into a wide range of food items, including snacks, beverages, and dairy products. This trend is indicative of changing consumer preferences towards healthier options. The market's growth is supported by the increasing availability of protein-fortified foods, which cater to health-conscious consumers. As the industry adapts to these trends, the demand for protein ingredients is expected to rise, contributing to the overall market expansion and enhancing the variety of protein-rich offerings available to consumers.

Technological advancements in protein processing are playing a crucial role in shaping the Global Protein Ingredients Market Industry. Innovations in extraction and purification techniques enhance the quality and functionality of protein ingredients, catering to diverse applications in food and beverages. These advancements are likely to improve yield and reduce production costs, making protein ingredients more accessible to manufacturers. As the market evolves, companies are adopting cutting-edge technologies to meet the growing demand for high-quality protein products. This trend is expected to contribute to the overall market growth, with a projected CAGR of 8.71% from 2025 to 2035, indicating a robust future for the industry.

By region, the study gives market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American weight loss market area dominates the protein ingredient market due to the rising trend of consuming healthy and nutritious food products and the growing demand for vegan food products. The US is the largest contributor to the growth of the protein ingredients market.

Further, major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: PROTEIN INGREDIENTS MARKET SHARE BY REGION 2022 (%)  

Source: Primary Research, Secondary Research, Market Research Future Database, and Analyst Review

Europe's Protein Ingredients market accounts for the second-largest market share due to the increase in demand for healthy food and beverages and medical products. Further, the German Protein Ingredients held the largest market share due to rising demand for medical and nutritional products in bone and muscle development in the European region.

The Asia-Pacific Protein Ingredients Market is expected to grow at the fastest rate. This is due to the increase in demand for animal and plant protein ingredients and economic development and expansion of the food and beverage and healthcare sector. Moreover, China’s Protein Ingredients held the largest market share, and the Indian Protein Ingredients industry was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Protein Ingredients market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Protein Ingredients industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Protein Ingredients industry to benefit clients and increase the market sector. In recent years, the Protein Ingredients industry has offered some of the most significant advantages to nutrition. Major players in the Protein Ingredients market, including Archer-Daniels-Midland Company, Bunge Limited, Cargill, DuPont, Fonterra Co-operative Group, Friesland, Kewpie Corporation, Mead Johnson Nutrition Company, Kerry Group, Omega Protein Corporation, Arla Foods Ingredients , and others, are attempting to increase market demand by investing in research and development operations.

ADM provides the power of nature to enhance the quality of life; it is a leading human and animal nutrition company that delivers solutions today for the future. Their scientist, through research and development, is providing groundbreaking products to support healthier living; their innovative products are leading a new future for plant-based consumers and industrial solutions to replace petroleum-based products. They have unmatched agricultural supply chain managers and professors that will give food security by connecting local needs with capabilities.

In May 2020, Marfrig and ADM launched Plantplus Foods, a joint offer that will provide consumers with plant-based goods in North and South America. ADM plans to give all of its technological expertise to develop the system that collates ingredients, scents, and a plant basis from a protein complex comprising its new pea protein facility in North Dakota.

Arla Foods Ingredients is a worldwide leader in value-added whey solutions that provides premium ingredients derived from whey, which supports the food industry with the development and efficient processing of natural, functional, and nutritious foods. They provide worldwide manufacturers of early life nutrition, health foods, and food and beverage products. Arla Food Ingredients launched Lcprodan BLG-100, pure BLG ingredients with a unique nutritional profile, in October 2021. It consists of 45% more leucine which is a major amino acid for muscle building, than the already available protein isolates.