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Protein Ingredients - Global Market Trajectory & Analytics

  • ID: 338513
  • Report
  • May 2021
  • Region: Global
  • 755 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • A&B Ingredients Inc.
  • Amway Corporation
  • Cargill Incorporated
  • Gelita AG
  • Kewpie Corporation
  • Omega Protein Corporation
  • MORE

Global Protein Ingredients Market to Reach $73.9 Billion by 2027


Amid the COVID-19 crisis, the global market for Protein Ingredients estimated at US$47.1 Billion in the year 2020, is projected to reach a revised size of US$73.9 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027. Egg, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$28.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Dairy segment is readjusted to a revised 6.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $13.3 Billion, While China is Forecast to Grow at 9% CAGR


The Protein Ingredients market in the U.S. is estimated at US$13.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.1 Billion by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Soy Segment to Record 7.4% CAGR


In the global Soy segment, USA, Canada, Japan, China and Europe will drive the 7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.1 Billion in the year 2020 will reach a projected size of US$13 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.9 Billion by the year 2027, while Latin America will expand at a 9.2% CAGR through the analysis period.

Select Competitors (Total 160 Featured) -

  • A&B Ingredients Inc.
  • Agridient Inc.
  • Agropur MSI, LLC
  • AMCO Proteins Company
  • Amway Corporation
  • Archer Daniels Midland Company
  • Arla Foods Ingredients Group P/S
  • Armor Proteines S.A.S.
  • Axiom Foods, Inc.
  • Bunge Limited
  • Burcon NutraScience Corporation
  • Cargill Incorporated
  • CropEnergies AG
  • Darling Ingredients Inc.
  • Rousselot B.V.
  • Sonac
  • DuPont Nutrition & Health
  • Fonterra Co-Operative Group Limited
  • Gelita AG
  • Glanbia Plc
  • Hilmar Ingredients
  • Kerry Group plc
  • Kewpie Corporation
  • Lactalis Ingredients
  • Manildra Group USA
  • Mead Johnson Nutrition Company
  • Michael Foods, Inc.
  • Omega Protein Corporation
  • Roquette Frères SA
  • Sterling Biotech Limited
  • Tessenderlo Group NV
  • PB Leiner
  • The Scoular Company
  • Weishardt Holding SA
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • A&B Ingredients Inc.
  • Amway Corporation
  • Cargill Incorporated
  • Gelita AG
  • Kewpie Corporation
  • Omega Protein Corporation
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • COVID-19 Pandemic Transforms Consumer Perceptions about Health Foods
  • Exhibit 1: Health Foods Buck the Trend of Reducing Consumer Spends Across a Multitude of Categories: US Per Store Average Growth in Sales of Health Foods March-June 2020 (In %)
  • Functional Foods and Immune Boosters Gain Prominence
  • Pandemic Provides New Opportunity to Alternative Meat Options
  • Consumer Focus on Health Drives Sales of Plant-based Protein Foods
  • Sports Nutritional Products Incorporate More of Plant-based Protein Ingredients
  • Protein Ingredients: A Prelude
  • Types of Protein Ingredients
  • Animal Proteins
  • Plant Proteins
  • Outlook
  • Plant Based Proteins Score Over Animal-based Proteins
  • Developing Countries Drive Current and Future Market Growth
  • Food & Beverage Industry Dominates Demand for Protein Ingredients
  • Growing Demand for Protein Sources to Meet Varying Protein Needs of the Ever-Increasing Global Population: Key to Market Growth
  • The Growing Gap between Population and Food Supply
  • Exhibit 2: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Exhibit 3: Undernourished Population Worldwide by Geographic Region: Number of Undernourished People (in Millions)
  • Recent Market Activity
  • World Brands
  • Exhibit 4: Percentage Mix of Protein Ingredient Brands by Country of Origin - USA, Canada, Australia, Italy, and Japan
  • Competitive Landscape
  • Exhibit 5: Market Share of Leading Players in the Global Pea Proteins Market : 2019
  • Exhibit 6: Market Share of Leading Players in the Wheat Proteins Market: 2019
  • Exhibit 7: Market Share of Leading Players in the Global Caseinate Milk Proteins Market: 2019
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Protein-Fortified Supplements Drive Demand for New Protein Sources
  • Protein Emerges as Strong Influencer in Ready-to-Drink Space
  • Growing Consumer Demand for Natural and Minimally Processed Ingredients Augurs Well for market Growth
  • Technology Developments in Protein Ingredients Market
  • Growing Demand for Functional Foods & Beverages Augurs Well for Market Expansion
  • Exhibit 8: Global Functional Drinks Market by Segment: 2020
  • Despite Sustainability Issues, Animal Protein Ingredients Continue to Dominate by a Wide Margin
  • Exhibit 9: Energy, Water, Protein and Fat Content for Meat & Eggs Vis-à-vis Grains, Fruits & Vegetables, and Beverages (per 100 grams)
  • Strong Demand from Developing Nations Drive Egg Proteins Intake
  • Exhibit 10: Global Per Capita Egg Consumption (in Kg per Person per Year) by Geographic Region: 2000, 2005, 2011, 2015 & 2019
  • Highly Developed Milk Industry Drive Demand for Dairy Ingredients
  • Exhibit 11: Major Applications of Whey Protein Concentrates in Food Industry
  • Whey Protein Ingredients: An Important Ingredient in Functional Foods and Sports Nutrition Products
  • Nano Whey Proteins: Opportunities in Beverage Formulations
  • Transforming Diet and Lifestyle Related Trends Spur Demand for Gelatin in Functional Foods & Beverages
  • Exhibit 12: Global Gelatin Consumption by End-use Application: 2019
  • Beverage Producers Focus on Collagen-based Products
  • Low Saturated Fat, Low Cholesterol, and Presence of All Essential Amino Acids Drive Surging Popularity of Plant Protein Ingredients
  • Sustainability and Other Benefits Drive Greater Adoption of Plant Proteins
  • Exhibit 13: Better Efficiency of Plant Protein Sources Compared to Animal Protein Sources: Comparing Water Consumption in Production (in Gallons per Ton) by Protein Source
  • Exhibit 14: Energy Efficiency in Production of Various Protein Sources (in kcal)
  • Soy Proteins Dominate Plant Protein Ingredients Market
  • Exhibit 15: Protein Content in Various Plant-Based Food Types
  • Pea Protein Gradually Gains Prominence over Soy Protein
  • Canola Protein Market: Commercialization Efforts in Full Swing
  • Rice Proteins Emerge as Ideal Alternatives to Various Protein Ingredients
  • Exhibit 16: Average Amount of Protein Present in Different Types of Rice
  • Wheat Proteins: Rising Demand for Nutrition-Rich Products Aids Growth
  • Microalgae: The Next Big Thing in Vegetarian Protein Sources
  • Infant Formula: Protein Ingredients Essential to Improve Nutritional Content
  • Soy-based Infant Formula Gains Popularity
  • Infant Formula to Present Huge Opportunities for Protein Hydrolysate Ingredients
  • Exotic and Artificially Grown Meats and Proteins to Meet Future Food Demand
  • Endurance, Cardiovascular, Bone Health, and Other Wide Ranging Benefits Drive Demand for Protein-Based Sports Nutrition Products
  • Exhibit 17: Global Sports Nutrition Market (2015, 2020 & 2025): Percentage Breakdown of Revenue by Category - Protein & Non-Protein
  • Innovative Plant-Derived Collagen Boosters Witness Increasing Popularity
  • Increasing Incidence of Chronic Diseases: An Important Opportunity Indicator
  • Exhibit 18: Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025, and 2030
  • Exhibit 19: Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • Osteoporosis Incidence Drives Focus on Protein Rich Products
  • Exhibit 20: Percentage (%) of Women Affected by Osteoporosis
  • Obesity Concerns Raise Significance of Protein Ingredient’s Satiety Features
  • Obesity Statistics
  • Exhibit 21: Average Per Capita Annual Health Expenditure (In US$) due to Obesity
  • Exhibit 22: Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
  • Whey Protein as an Effective Ingredient for Diabetes Cure Lends Traction to Market Growth
  • Exhibit 23: World Diabetes Prevalence (2000 - 2019)
  • Animal Feed Protein Ingredients Market Offer Huge Untapped Market Growth Potential
  • Alternative Proteins and Meat Substitutes Garner Significant Attention
  • Select Promising Sources of Proteins
  • Gellan Gum: An Effective Solution to Formulation Challenges
  • Protein Ingredient Suppliers Embrace Clean Labeling Transparency
  • Move towards Clean Labels
  • Increasing Affluence of the Ballooning Middle Class Population
  • Exhibit 24: Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Exhibit 25: Global Middle Class Spending (in US$ Trillion) by Geographic Region
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • Healthy Growth Outlook for US Protein Ingredients Market
  • Rising Demand for Protein-Based Functional Foods Bodes Well for Protein Ingredients Market
  • Myriad Factors Drive Prominence of Plant Proteins in the US
  • Plant-Based Proteins: Ingredient Innovation & Food Formulation
  • Availability in Several Forms and Options
  • Advent of Novel and New Ingredients
  • Soy: From a Humble Beginning to a Giant Market
  • Pea Protein Ingredients: A High Growth Market
  • Dairy Protein Ingredients Find Favor among Americans
  • Whey Protein Ingredient: Health-Conscious Consumers Drive Growth
  • Per Capita Egg Consumption Surges
  • Exhibit 26: Per Capita Eggs Consumption in the United States: 2010-2019
  • Wheat Gluten Market: Commercial Bakeries Aid Demand Growth
CANADA
  • Functional Foods & Beverages Market Enhances Demand for Protein Ingredients
  • COVID-19 Pandemic to Accelerate the Demand
  • Canada: A Key Supplier for Functional Ingredients and Foods
JAPAN
  • Growing Demand for Functional Foods Augurs Well for Protein Ingredients Market
CHINA
  • Protein Ingredients Market in China: An Overview
  • Soy Proteins Market in China: Positioned for Growth
  • Whey Proteins Market Records Steady Growth
  • China: A Major Producer & Consumer of Wheat Gluten
  • Gelatin Demand Continues to Grow in China
  • Sports Nutrition Products: Opportunities for Growth
EUROPE
  • Europe: A Mature Protein Ingredients Market
  • Soy Protein Ingredients Market Gains Ground in Europe
  • Whey Protein Ingredients Market: Steady Growth in Store
  • Innovative Health Trends Drive Demand for Protein-Rich Functional Ingredients
FRANCE
  • Growing Demand for Functional Foods & Beverages Supports Protein Ingredients Market
GERMANY
  • Market Overview
ITALY

UNITED KINGDOM
  • Health Benefits Drive Demand for Protein Ingredients
  • Increasing Demand for Functional Foods & Drinks Augur Well for the Market
SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC
  • Asia-Pacific: Market Laden with Opportunities
  • Robust Gains on the Cards for Plant Proteins Market
  • Whey Proteins Find Increased Demand
  • Surging Demand for Functional Foods & Beverages: Favorable Prospects for Protein Ingredients Market
AUSTRALIA

INDIA
  • India: A Rapidly Growing Market
  • Rising Importance of Soy Products Transforms Domestic Plant Protein Segment
  • Wheat Gluten Market on a Steady Growth Path
  • Established Gelatin Production
  • Rising Demand for Sports Nutrition Products Augurs Well for teh Market
SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA
  • Demand for Functional Foods & Beverages Fuels Growth in Protein Ingredients Market
ARGENTINA

BRAZIL
  • Market Overview
MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 160
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • A&B Ingredients Inc.
  • Agridient Inc.
  • Agropur MSI, LLC
  • AMCO Proteins Company
  • Amway Corporation
  • Archer Daniels Midland Company
  • Arla Foods Ingredients Group P/S
  • Armor Proteines S.A.S.
  • Axiom Foods, Inc.
  • Bunge Limited
  • Burcon NutraScience Corporation
  • Cargill Incorporated
  • CropEnergies AG
  • Darling Ingredients Inc.
  • Rousselot B.V.
  • Sonac
  • DuPont Nutrition & Health
  • Fonterra Co-Operative Group Limited
  • Gelita AG
  • Glanbia Plc
  • Hilmar Ingredients
  • Kerry Group plc
  • Kewpie Corporation
  • Lactalis Ingredients
  • Manildra Group USA
  • Mead Johnson Nutrition Company
  • Michael Foods, Inc.
  • Omega Protein Corporation
  • Roquette Frères SA
  • Sterling Biotech Limited
  • Tessenderlo Group NV
  • PB Leiner
  • The Scoular Company
  • Weishardt Holding SA
Note: Product cover images may vary from those shown
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