Global Food Protein Ingredient Market Overview:
Protein is a macronutrient, which is essential for the maintenance and building of body tissues and muscle. When protein is broken down in the body it helps to fuel muscle mass, which helps metabolism and also helps the immune system stay strong. The demand for protein ingredients increasing day by day due to inadequate protein in a regular diet. However, the growing awareness about a protein-rich diet to prevent multiple health issues has created a huge demand for protein ingredients.
As per latest study released by AMA Research, the Global Food Protein Ingredient market is expected to see growth rate of 7.3%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Trend of Plant-based Protein Products Due to Increasing Awareness about Animal Cruelty
Market Growth Drivers:
Increasing Demand of Whey and Casein Protein Supplements to Repair Body Cells after Heavy Workout and Government Initiatives for Fortification of Foods to Fill Nutrient Gap Among Population
Challenges:
Excess Consumption of Protein Can Lead to Health Issues
Restraints:
High Cost of Proteins
Opportunities:
Increasing Nutritional Issue in the Children Due to Change in Eating Habits
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are DuPont Solae (United States), Archer Daniels Midland (United States), Cargill (United States), Bunge Limited (United States), Mead Johnson (United States), CHS Inc. (United States), Scouler (United States), Roquette (France), MGP Ingredients (United States) and Rousselot Inc. (Netherlands). Analyst at AMA Research see United States Vendors to retain maximum share of Global Food Protein Ingredient market by 2030. Considering Market by Nature, the sub-segment i.e. Organic will boost the Food Protein Ingredient market.
Latest Market Insights:
In February 2021, IFF merged with DuPont’s Nutrition & Biosciences business. The deal will create a global leader in high-value ingredients and solutions for the Food & Beverage, Home & Personal Care, and Health & Wellness markets. However, the complementary portfolios give the company leadership positions within the Taste, Texture, Scent, Nutrition, Enzymes, Cultures, Soy Proteins, and Probiotics ingredient categories.
On December 6, 2023, Ingredion launched two new rice protein concentrates offering improved functionality and taste for plant-based meat applications.
What Can be Explored with the Food Protein Ingredient Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Food Protein Ingredient Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Food Protein Ingredient
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Protein Ingredient market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food Protein Ingredient market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Food Protein Ingredient Manufacturers, Suppliers and Distributors of Food Protein Ingredient, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.