About Speciality Proteins
Speciality proteins are the type of protein which is used for building the blocks of cartilage, skin, blood, bones and muscles. The proteins are used by the human bodies to repair and build tissues and it helps in providing necessary association that facilitates amalgamation from the farm-gate level to the final value-added processed food stage. These proteins are comprised of 100 or more amino acids which are used for building the blocks in living organisms. Increased awareness towards the health is the major driver escalating the market growth, also rise in the spending power of the people, increase in the disposable income and rise in the demand for packaged as well as processed foods.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.3% |
Speciality Proteins is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Speciality Proteins market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kerry Inc. (Ireland), Cargill (United States), Arla Foods (Denmark), Glanbia Plc. (Ireland), CHS (United States), Milk Specialties (United States), ADM (United States), Ingredion (United States), Roquette (France), Burcon (Canada), DSM (Netherland) and AMCO Proteins (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are MGP (United States), Axiom Foods (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Speciality Proteins market by Type (Plant Based Protein and Animal Based Protein), Application (Bakery Products, Dairy Products, Beverages, Meat Products, Functional Foods, Dietary Supplements and Others) and Region.
On the basis of geography, the market of Speciality Proteins has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Advancements in Protein Engineering. and Increasing variety of plant-based specialty proteins to cater to the rising demand for plant-derived protein sources.
Market Growth Drivers:
Increased consumer awareness and interest in health and wellness. Demand for specialty proteins in nutritional supplements. and Increasing Adoption of Plant-Based Diets.
Challenges:
Addressing environmental and sustainability concerns related to certain sources of specialty proteins.
Restraints:
Higher production costs. and Lack of awareness and understanding among consumers about the benefits of specialty proteins.
Opportunities:
Rising demand for specialty proteins in sports nutrition products for muscle building and recovery.
Market Leaders and their expansionary development strategies
In December 2022, Butterfly acquired nutrition leader Milk Specialties, a leader in human and animal nutrition, from affiliate of American securities LLC. Butterfly’s latest investment within its “seed to fork” strategy spanning agriculture and aquaculture, food and beverage products, food distribution, and foodservice.
In November 2022, DSM launched Vertis CanolaPro, a canola protein isolate. CanolaPro shown to improve the bite and texture of meat and fish alternatives, and it creates a smoother mouthfeel in dairy alternatives and performance nutrition products.
Key Target Audience
Speciality Proteins Manufacturer, Investor, Research and Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.