About Protein Ingredient
Protein ingredients are available in animal-based, plant-based, and dairy-based protein. Animal-based protein ingredients are considered the most effective quality of protein food sources. protein-based ingredients range from gelatin to other crop derived ingredients like whey, soy, peas, etc. The protein ingredients are used in the production of nutritional supplements, food products, beverages, bakery products, etc. Advanced technology is used in the separation ad purification of these ingredients or components and then these are marketed.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Danisco A/S (DuPont Nutrition & Health) (Denmark), Archer-Daniels-Midland Company (United States), Cargill, Incorporated (United States), Manildra Group (Australia), Lactalis Ingredients (France), Hilmar Ingredients (United States), Leprino Foods Company (United States), Glanbia plc (Ireland), Vyse Gelatin LLC. (United States) and Burcon Nutrascience (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Protein Ingredient market by Type (Animal-based Protein Ingredients, Plant-based Protein Ingredients and Dairy-based Protein Ingredients), Application (Nutritional Supplements, Food, Beverage, Bakery Products and Others) and Region.
On the basis of geography, the market of Protein Ingredient 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). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Protein Ingredient market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Wheat will boost the Protein Ingredient market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The popularity of Animal-based Protein Ingredient like Eggs, Meat and Protein Ingredients Packed Snacks and Beverages are Highly Consumed in Australia
Market Growth Drivers:
Growing Health Conscious People who are Indulging into Healthy Diets and Food Products and The Increasing Number of Diseases and Health Problems Requires Consumption of Protein Rich Products
Challenges:
Stiff Competition in the Protein Ingredient Market
Restraints:
Problem with the Correct Ingredient Labeling & Packaging Might be a Hindrance for Protein Ingredient Market
Opportunities:
Surging Demand for the Protein Ingredient based Nutritional Supplements and Rising Spendings of People in Protein Ingredient Products
Market Leaders and their expansionary development strategies
On 24th January 2020, Nestle announced a collaboration with Burcon and Merit, two key players in the development and production of high-quality plant proteins. This partnership will enable Nestlé to further accelerate the development of nutritious and great-tasting plant-based meat and dairy alternatives with a favorable environmental footprint.
"According to the Food Standards Code or the Therapeutic Goods Act, supplements cover a range of products in Australia, including vitamins, minerals, sports nutrition products such as protein powders, and other goods that may improve nutrition and performance. The TGA provides a food-medicine interface guidance tool to help in determining whether a product is a medicine or food. Some of the considerations include the form of the product (capsule, tablet, liquid), whether the product contains a scheduled substance, how the product is represented, i.e. for human therapeutic use, whether people are likely to perceive the product as being for therapeutic use due to the way it is presented the types of claims the product makes."
Key Target Audience
Protein Ingredient Producers, Protein Ingredient International Traders, Protein IngredientDIstirbutors and Suppliers, Research and Development Institutes, Potential Investors, 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.