About Protein Packed Foods
Consumers are increasingly seeking protein-packed foods to increase nutrition in their diets. The effects of various studies support the protein’s role in attacking obesity through aiding weight management. The protein-packed foods market has witnessed a paradigm inclination in focus from developed regions to developing countries. Regarding the possibility of static markets in the developed countries, players have started focusing on emerging economies where changing consumer preferences and increasing disposable income were favorable factors at play.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.8% |
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. now crucial players have recognized that emerging markets are no longer the single growth drivers in the protein-packed foods market and are therefore returning to developed regions once again in order to have sustained growth in the future. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Protein Packed Foods market throughout the forecasted period. 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.
Nestle (Switzerland), Kraft Food (United States), Kellogg Company (United States), General Mills (United States), ConAgra Foods (United States), Frito-Lay (United States), JBS Food (United States), Tyson Foods (United States) and Smithfield Food (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Protein Packed Foods market by , Application (Kids and Adults) and Region.
On the basis of geography, the market of Protein Packed Foods 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets & hypermarkets will boost the Protein Packed Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Bottled will boost the Protein Packed Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Whey will boost the Protein Packed Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
This increasing demand for alternative protein-packed food items has natural contains rather than artificial ingredients.
Market Growth Drivers:
Increasing health awareness among these consumers and The growing demand for several artificial ingredients in protein-packed foods
Challenges:
The food contamination, and the emergence of several local brands
Restraints:
The stringent government regulations and The danger of reaction with packaging material
Opportunities:
These essential protein-packed foods have witnessed a diminished demand in the appearance of the high popularity of protein-packed foods.
Market Leaders and their expansionary development strategies
In January 2024, Greater Omaha Packing Inc. announced that it acquired fellow Nebraska company Heartland Proteins. The company was started by Keith Fulton, owner of Heartland Proteins, when operations began in 2018. Fulton operated with Progressive Protein, the wholly owned rendering operations of Greater Omaha Packing.
In April 2021, General Mills, Inc. is pumping up the protein in its yogurt Made with ultrafiltered nonfat milk and whey protein, the dairy-based snack contains 25 grams of protein and 3 grams of sugar per serving. Ratio Protein yogurt is packaged in single-serve cups and is available in five flavors, including strawberry, vanilla, blueberry, coconut and key lime. Each cup contains 170 calories, 7 grams of net carbs and 4 grams of fat.
Key Target Audience
Manufacturer, Suppliers, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations 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.