Market Overview

The Global Protein Ingredients Market was valued at USD 63,716.5 million in 2023 and is expected to reach USD 110,298.0 million by 2031 while growing at a CAGR of 7.1% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global protein ingredients market growth. Protein ingredients, rich in proteins, are utilized in food, beverage, dietary supplement, and animal feed formulations. They provide a concentrated source of this crucial macronutrient essential for human body tissue growth, repair, and maintenance.

Increasing demand for nutrient-rich foods and the expansion of the plant-based protein market drive the growth of the protein ingredients market. However, obstacles like cost considerations and allergen concerns may hinder market expansion.

Furthermore, the global protein ingredients industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Source Analysis

The Global Protein Ingredients Market is segmented among Animal Source, and Plant Source, based on Source. In 2023, Animal Source accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Protein Ingredients Market is segmented among Animal Feed, Food & Beverage, Infant Formulations, Cosmetics & Personal Care, and Pharmaceuticals, based on Application. In 2023, Food & Beverage accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Protein Ingredients Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Archer Daniels Midland Company, Cargill Incorporated, Kerry Group Plc, Roquette Freres, DuPont de Nemours, Inc, Fonterra Co-Operative Group Ltd., DAR PRO Ingredients, and BASF SE.  

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Protein Ingredients Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Protein Ingredients Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Protein Ingredients Market Segmentation, By Source  

• Global Protein Ingredients Market Share Analysis, By Source

• Global Protein Ingredients Market Growth Analysis, By Source

• Global Protein Ingredients Market Trends, By Source  

o Animal Source

Ø Dairy Ingredients

§ Whey Protein Concentrates

§ Whey Protein Hydrolysates

§ Whey Protein Isolates

§ Casein & Caseinates

Ø Egg Protein

Ø Gelatin

Ø Others

o Plant Source

Ø Soy Protein

§ Soy Protein Isolates

§ Soy Protein Concentrates

§ Textured Soy Protein

o Wheat Protein

o Vegetable Protein

6. Global Protein Ingredients Market Segmentation, By Application  

• Global Protein Ingredients Market Share Analysis, By Application  

• Global Protein Ingredients Market Growth Analysis, By Application

• Global Protein Ingredients Market Trends, By Application  

o Animal Feed

o Food & Beverage

Ø Food

Ø Beverage

Ø Supplements

o Infant Formulations

o Cosmetics & Personal Care

o Pharmaceuticals  

7. Global Protein Ingredients Market Segmentation, By Region

• Global Protein Ingredients Market Share Analysis, By Region

• Global Protein Ingredients Market Growth Analysis, By Region

• Global Protein Ingredients Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Archer Daniels Midland Company*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Cargill Incorporated

• Kerry Group Plc

• Roquette Freres

• DuPont de Nemours, Inc

• Fonterra Co-Operative Group Ltd.

• DAR PRO Ingredients

• BASF SE    

 *Similar analysis will be provided for each company listed above.