Protein Ingredients Market – Robust Growth in Food & Beverages Sector, Emerging Trends in Animal Feed, and Thriving Alternative Protein Sources

Chicago, Feb. 07, 2024 (GLOBE NEWSWIRE) — Protein ingredients refer to substances that contain proteins and are used as components in various food and nutritional products. Proteins are essential macronutrients composed of amino acids, and they play a crucial role in the growth, repair, and maintenance of tissues in the human body. The global protein ingredients market size is estimated to be valued at USD 61.0 billion in 2023. It is projected to reach USD 85.6 billion by 2028, recording a CAGR of 7.0% during the forecast period.

Download PDF brochure:

Protein ingredients can come from various sources, including:

Animal Sources:

  • Meat: Beef, poultry, pork, lamb, etc.
  • Dairy: Milk, cheese, yogurt, and other dairy products.
  • Eggs: Both egg whites and yolks.

Plant Sources:

  • Legumes: Beans, lentils, chickpeas, and peas.
  • Grains: Quinoa, wheat, rice, and oats.
  • Nuts and Seeds: Almonds, peanuts, chia seeds, and sunflower seeds.

Processed Proteins:

  • Protein Powders: Whey, casein, soy, pea protein, and more.
  • Protein Bars: Snack bars formulated to be high in protein.
  • Processed Meat Alternatives: Plant-based alternatives like tofu, tempeh, and seitan.

Protein Ingredients Market Share

Following are some Protein Ingredients Market Share:

  • Kerry Group plc (Ireland)
  • Arla Foods amba (Denmark)
  • Roquette Freres (France)
  • Cosucra (Belgium)
  • DuPont (US)
  • ADM (US)
  • Cargill, Incorporated (US)
  • BRF Global (Brazil)

Protein Ingredients Market Growth Insights

Following are some Protein Ingredients Market Growth Insights:

Drivers: Increase in demand for proteins as nutritional and functional ingredients

As per a research article published in October 2022, titled – ‘Impact of COVID-19 pandemic on consumer behavioral intention,’ there was a significant link found between the consumption of nutritious meals and consumer purchasing habits. It also stated that consumers are more focused on their health, security, and safety post-pandemic. Increasing awareness among people to strengthen their immune system to prevent themselves from being infected easily compels them to maintain a healthy lifestyle and proper diet. Thus, COVID-19 is expected to boost the demand for protein ingredients at a much higher rate in the global market.

Opportunities: Growing potential of dairy and plant proteins

There is a huge potential for the growing protein ingredients market soon, especially dairy and plant proteins. Dairy protein suppliers can continue to benefit from the trend toward more functional products and the increased consumer interest in the nutritional value of products. The growth of plant-sourced protein ingredients is being supported by growing vegan trends because of sustainability and animal cruelty concerns. It is also being aided by the Islamic nations across the globe (they avoid animal proteins, especially gelatin, prepared from pork), while other countries such as India and Nepal avoid animal proteins prepared from beef, owing to the issues relating to cultural and religious aspects. Thus, the skyrocketing potential in dynamic dairy and plant protein industries is proving to be a big opportunity for players in the market.

Speak to Analyst:

By application, cosmetics and personal care products segment is projected to hold a significant market size in the protein ingredients market by 2028

Proteins find a huge application in cosmetics and personal care industry. They are used in skin-care formulations due to their moisture-imparting properties and in hair-care products due to their conditioning properties. Collagen is one of the most popular sources of protein ingredients used in cosmetics industry due to its benefits for skin. With the rise in disposable incomes, and consumer spending on high-end personal care products, the demand and high growth for protein ingredients in this application industry is inevitable.

Europe is estimated to dominate the protein ingredients market

Europe is a strong market in the protein ingredients industry which is estimated to be the largest market in terms of value in 2023. The region enjoys macroeconomic benefits such as developed economies, high disposable incomes, and consumer awareness. Apart from them market specific developments such as government initiatives and investments are contributing to the growth of the industry. Europeans have a predominantly meat-based diet. However, veganism trends, and high demand for alternative protein sources in the form of plants and insects is also driving the market in the region.

Browse Related Reports:

Gelatin Market

Wheat Protein Market

Soy Protein Ingredients Market

Potato Protein Market

CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email:

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. IndiaShorts takes no editorial responsibility for the same.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Cookies Policy