Protein Ingredients Market

Protein Ingredients Market by Source (Animal (Dairy, Egg, Gelatin) and Plant (Soy, Wheat, Vegetable)), Form (Dry and Liquid), Application (Food & Beverages, Feed, Pharmaceuticals, and Cosmetics & Personal Care Products), Region - Global Forecast to 2025

Report Code: FB 3470 Apr, 2019, by marketsandmarkets.com

[181 Pages Report] The global protein ingredients market size estimated at USD 49.8 billion in 2019 is expected to be worth USD 70.7 billion by 2025, driven by increasing demand for protein functionalities and awareness about healthy diet & nutritional food. Additionally, new technological development in the protein ingredients industry, growth in demand for superior personal care & healthcare products, and increase in consumption of animal by-products, which in turn, supported by the economic growth, technological advancements, and consumer preference for functional products.

Protein Ingredients Market

Market Dynamics

Increasing demand for proteins as nutritional and functional ingredients

Protein ingredients sourced from both animals and plants are well-known for their emulsification, gelation/viscosity, water-binding/hydration, foaming, aeration properties; other attributes of protein ingredients include thickening ability, stabilizing ability, and solubility. These functionalities, along with nutritional aspects of proteins, are a major advantage to end-user industries, and are, thus, one of the major market drivers. Another advantage associated with protein sources used for specific functional properties is that they are often less price-sensitive than those that are used only for their nutritional properties. This often benefits the end-user industries with cost advantages.

In the end-user industries such as cosmetic & personal care, protein ingredients are largely used for their conditioning and moisturizing properties in the hair and skin care industries. In major applications such as food & beverages, the use of protein ingredients continues to grow with the increasing demand for improved functionalities. The ability of protein ingredient manufacturers to design and develop specific isolates, concentrates, and other forms of protein ingredients for dairy products, beverages, dietary supplements, infant formula, bakery products, confectionery, and other food products is likely to drive the growth of the protein ingredients market during the forecast period.

Soy proteins with GM origin

Research studies have cited many health and environmental risks associated with the production and consumption of genetically modified (GM) commodities including soybeans. There are apprehensions that in the long term, GM soy alters the enzymatic activity and metabolic activity in the liver. Hence, they are opposed by the various industry stakeholders, including regulatory bodies of countries in Europe and Asian Pacific regions, who are demanding non-genetically modified (non-GMO) soybeans. Thus, most of the countries in these regions have made it mandatory to declare GM/non-GM status of food ingredients on the packaging of all processed foods. India has also brought into effect, in 2013, the rule that packaged food products containing GM products as ingredients should carry labels as a mandate. Some European countries such as Germany and the UK have made it mandatory even for dairy and processed meat products.

However, GM soy is estimated to be present in up to 70% of all food products found in the US supermarkets, according to the Soyfoods Association of North America. These ingredients would be an important part in foods including cereals, bread, soymilk, and pasta, in the US. In 2013, the area utilized for genetically modified (GM) soy accounted for 93% of soybeans planted in the US and are rapidly growing throughout the world. Consequently, the global market is shifting their preferences toward countries such as India and China for the supply of non-GMO soy.

However, the supply flow for non-GM soybeans can be reduced, owing to the demand from various application segments. Brazil and Argentina provide a great deal of leverage in strengthening the raw material need for soybean derivatives, but much guarantee cannot be provided for a steady supply of non-GM soybeans, as 100% of soybean crops under Argentina are GM-based. Among the strictly regulated EU nations, GM-based crop ingredients are required to gain approval for the purpose of application (food/feed), and it is not easier for processors to procure GM-based ingredients for food processing. This is expected to restrain market growth for the largest plant protein ingredient segments such as soy.

Entering new sectors through customization

Manufacturers have been using functional properties of soy protein ingredients in developing versatile food products. Several new products such as in nut butter, cheese, burgers, and instant oatmeals have been launched by the manufacturers of soy protein ingredients. New sectors such as healthcare foods and sports beverages can provide a better market opportunity for soy proteins. These sectors can boost the growth of soy protein production if they are manufactured in a customized way. With advancements in technology, soy proteins can be isolated and functional properties can be enhanced to provide a wider scope of application. There have been various food products awaiting market introduction that requires consumer appeal. The products are designed with the help of soy proteins to attract consumers, based on their nutritive content and palatability. Though soy proteins have uncharacteristic flavor, these limitations have been researched to be overcome by suitable changes in product formulation.

For food & feed products or other industrial usages, the consumers (food processors, feed manufacturers, and other industries) require proteins to be offered, with respect to certain specifications that would improve the feasibility of end products. Customizations can be provided through a change in protein structure, isoelectric pH range, functional property enhancement, and flavor enrichment. The range of customized products can allow the market to venture new avenues of food segments and even beyond.

As soy protein is the highly suitable animal protein substitute, further experimentations have been carried to identify the best form of soy proteins to perfectly simulate meat products of pork, beef, eggs, and fish. Soy protein ingredients were initially used in meat products, but are being used as dairy replacements. Food manufacturers realized the importance of soy protein ingredients, especially soy protein isolates, as best substitutes for fermented dairy products such as cheese and low-pH beverages. Soy isolates are noted to gain better growth in infant formulas as a healthcare food for lactose intolerance.

Each soy protein ingredient has been gaining significance in different food segments. Soy protein concentrates are projected to gain strong growth in functional foods, as they are a better nutritional supplement of amino acids, minerals, vitamins, and dietary fibers. Cereals and snacks products are being designed with the help of soy flour, which is gluten-free. As soy protein ingredients reduce the cost of the final product, the processors provide enough flexibility to enhance the value through nutrient fortification or flavor addition.

Demand-based price fluctuations in cropping pattern challenging the market

Even though the prices of soy proteins are comparatively lower than most of the proteins, the supply can prove to be a significant factor in price escalation. The raw material for soy protein ingredients is soy meal, which is also highly demanded by the feed industry. Unless there is no drop-in cultivation area under soybeans, the supply is expected to remain unfazed for both feed and protein manufacturers.

Sometimes, crop growers, in order to avail better crop value, change their crop patterns, which can marginalize the flow of supply, and thereby, lead to an increased demand for protein manufacturing and price escalation. In 2013, increased diversion to biofuel and vegetable oil consumption led to more corn and canola production than soybean in North America. However, soybean cultivation has been maintaining better positive year-by-year growth in this region. So, the crops cultivated by growers are subject to change, based on the crop demand and price value. A wide-scale change in the cropping patterns can be expected with the decline in price levels for a crop after a certain point of price saturation. Around 2020, this can play an important role in seeking a cost-effective supply channel to maintain operational efficiency, as Latin America is expected to near its optimum land resource utilization for soybean by that time.

The market has seen substantial fluctuations in recent years and is expected to experience extensive changes in the way protein ingredients are used in different industries. However, factors such as stringent government regulations on animal-sourced protein are expected to restrain the market growth of animal protein.

Animal-based proteins to continue dominating the global protein ingredients market through 2024

The market for protein ingredients is classified into animal and plant protein. The demand for animal-based protein ingredients held a dominant share in the protein ingredients market across regions, particularly in North America and Europe, where the consumption of animal-based protein remains high.

Protein Ingredients Market

Of the various subsegments of animal proteins, the dairy segment accounts for the majority share due to its nutrition-rich content and diverse flavor profile. The dairy segment remains a dominant segment and is nearly irreplaceable, particularly for food applications such as sports nutrition. Though eggs are the best source of meat protein substitute due to its high nutritional content, its demand is affected by the rise in prices and irregularities during supply, which has encouraged manufacturers across different end-user industries to prefer alternative products.

Increase in consumer preference for high-protein & low-calorie food to drive the food & beverages segment through 2024

Consumers are becoming more conscious about their eating habits and are including more nutritious food in their diets. This is boosting the demand for ingredients such as proteins as consumers are shifting their focus to a protein-based food diet.

Protein Ingredients Market

The market for types such as soy, wheat, milk, and egg in the food & beverage industry is, however, affected by the celiac disease and allergen concerns among consumers, a large base of which is in the North American and European region. According to the Food Allergy Research & Education (US), 15 million Americans suffer from food allergies, and according to the European Academy of Allergy and Clinical Immunology (EAACI), more than 17 million Europeans have food allergies. Such instances have led to the adoption of stringent regulations concerning product labeling laws to promote an informative selection of products among consumers to deal with allergen concerns.

Asia Pacific to witness the highest gains within the global protein ingredients market during the forecast period

Protein ingredients play a significant role by providing vital nutritional benefits through its applications in the food & beverage, pharmaceuticals, feed, and cosmetics & personal care sectors. The market is experiencing positive growth, worldwide, especially in the Asia Pacific region.

An increase in population, with growth in concerns toward health and improving economic conditions, has led to a rise in demand for nutritional food and healthy diets in the region. Thus, the protein ingredients market in the Asia Pacific region is estimated to grow at a significant rate, with India and Australia & New Zealand driving the growth. However, cultural aspects such as religion have led to issues relating to animal-derived proteins, such as egg protein and gelatin protein in Asian Countries, thereby influencing the diet choice of the population in Asia Pacific.

Protein Ingredients Market

European accounted for the largest of the global protein ingredients market share in 2018. An increase in the aging population and a rise in demand for functional food, along with the growth in awareness toward animal welfare and health, are driving the protein ingredients industry in this region.

Key Market Players

The key players in the global protein ingredients market include Cargill (US), ADM (US), DowDuPont (US), Kerry Group (Ireland), Omega Protein Corporation (US), FrieslandCampina (Netherlands), Fonterra (New Zealand), Arla Foods (Denmark), Roquette (France), Gelita AG (Germany), Kewpie Corporation (Japan), AGRANA (Austria), AMCO Proteins (US), Hilmar Ingredients (US), Axiom Foods (US), and Burcon Nutrascience (Canada). They have adopted various strategies, including expansion, partnerships, collaboration, agreements, new product developments & launches, and mergers & acquisitions.

Major strategies identified in the global protein ingredients market include the following:

  • Expansions
  • New product launches
  • Acquisitions
  • Agreements

Recent Developments

  • In November 2017, ADM expanded its ingredient portfolio with the launch of Nutriance, a range of wheat protein concentrates having applications in sports and geriatric nutrition. Nutriance delivers 85% protein and has a high glutamine content, excellent digestibility, making it ideally suited to both the booming sports and senior nutrition markets.
  • In July 2017, ADM set up a new soy processing plant in Germany to expand its network in the European region.
  • In June 2016, Cargill acquired Five Star Custom Foods, Ltd. (US), specialized in cooked protein products. The acquisition further broadened the company’s product portfolio.
  • In March 2017, DowDuPont entered into an agreement with FMC Corporation (US) to divest a part of DuPont’s crop protection business and to acquire FMC Corporation’s health & nutrition business. This helped DuPont in the agriculture business segment for seeds, including soybean.

Key Questions Addressed by the Report

  • Who are the major market players in the protein ingredients market?
  • What are the regional growth trends and the largest revenue-generating regions for the protein ingredients market?
  • Which are the significant regions for different industries that are projected to witness remarkable growth for the protein ingredients market?
  • What are the major types of protein ingredients that are projected to gain maximum market revenue and share during the forecast period?
  • Which is the major type of source where protein ingredients are used that will be accounting for the majority of the revenue over the forecast period?

Table of Contents

1 Introduction (Page No. - 26)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
          Figure 1 Protein Ingredients Market Segmentation
          Figure 2 Protein Ingredients Market, By Region
    1.4 Periodization Considered
    1.5 Currency Considered
          Table 1 USD Exchange Rates, 2014–2018
    1.6 Stakeholders

2 Research Methodology (Page No. - 30)
    2.1 Research Data
           Figure 3 Protein Ingredients: Research Design
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
                                Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
    2.2 Market Size Estimation
          Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
          Figure 6 Market Size Estimation Methodology: Top-Down Approach
    2.3 Data Triangulation
          Figure 7 Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 37)
     Table 2 Protein Ingredients Market Snapshot, 2019 Vs. 2025
     Figure 8 Protein Ingredients Market Snapshot (2019 Vs. 2025): Plant Protein Segment Projected To Grow At A Higher Rate During The Forecast Period
     Figure 9 Dry Segment to Dominate the Protein Ingredients Market, By Form, 2019 Vs. 2025 (USD Billion)
     Figure 10 Food & Beverages Segment Dominated the Protein Ingredients Market, By Application, 2019 Vs. 2025 (USD Billion)
     Figure 11 Protein Ingredients Market Share (Value), By Region, 2018

4 Premium Insights (Page No. - 41)
    4.1 Attractive Opportunities in the Protein Ingredients Market
          Figure 12 Rising Demand for Superior Personal and Healthcare Products
    4.2 Protein Ingredients Market: Major Subregional Markets
          Figure 13 Australia & New Zealand is Projected to Grow at the Highest CAGR During the Forecast Period
    4.3 Europe: Protein Ingredients Market, By Application & Country
          Figure 14 Germany and Food & Beverages Accounted for the Largest Shares in the Respective Segments of the European Protein Ingredients Market in 2018
    4.4 Protein Ingredients Market, By Application & Region
          Figure 15 the Pharmaceuticals Segment is Projected to Grow at the Highest CAGR During the Forecast Period
    4.5 Protein Ingredients Market, By Source, 2019 Vs. 2025
          Figure 16 Animal-Sourced Protein Ingredients to be Dominant in the Protein Ingredients Market
    4.6 Protein Ingredients Market, By Form & Region
          Figure 17 Europe is Projected to Account for the Major Share in the Protein Ingredients Market Across All Types of Form Through to 2025

5 Market Overview (Page No. - 46)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Proteins as Nutritional and Functional Ingredients
                                 Figure 18 Protein Ingredients: Functional Benefits vs Nutritional Benefits
                    5.2.1.2 Consumer Awareness About a Healthy Diet
                                 Table 3 Percentage Share of Health-Related Attributes Influencing Purchasing Decisions
                                 Figure 19 Percentage Share of Nutrients in the Eradication of Major Health Issues
                    5.2.1.3 Growth of the Functional Food & Beverage Market
                    5.2.1.4 New Technological Developments in the Protein Ingredient Industry
                    5.2.1.5 Rising Demand for Livestock Products
                                 Figure 20 Livestock-Based Product Consumption, 1967–2030 (Million Tons)
                    5.2.1.6 Rising Demand for Superior Personal and Healthcare Products
           5.2.2 Restraints
                    5.2.2.1 Soy Proteins With Gm Origin
                    5.2.2.2 Cultural Restriction on the Consumption of Gelatin
           5.2.3 Opportunities
                    5.2.3.1 Growing Potential of Dairy and Plant Proteins
                    5.2.3.2 Entering New Sectors Through Customization
           5.2.4 Challenges
                    5.2.4.1 Fluctuation in Raw Material Prices of Dairy Proteins
                    5.2.4.2 Demand-Based Price Fluctuations in Cropping Pattern
    5.3 Value Chain
          Figure 21 Value Chain: Protein Ingredients Market

6 Protein Ingredients Market, By Source (Page No. - 56)
    6.1 Introduction
          Figure 22 Protein Ingredients Market Share, By Type,  2019 Vs. 2025 (By Value)
          Table 4 Protein Ingredients Market Size, By Source, 2017–2025 (USD Million)
    6.2 Animal Source
          Table 5 Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           6.2.1 Dairy Protein
                    Table 6 Dairy Protein Ingredients Market Size, By Subtype, 2017–2025 (USD Million)
                    Table 7 Dairy Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    Table 8 North America: Dairy Protein Ingredients Market Size, By Country 2017–2025 (USD Million)
                    Table 9 Europe: Dairy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 10 Asia Pacific: Dairy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 11 South America: Dairy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 12 RoW: Dairy Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
           6.2.2 Milk Protein
                    6.2.2.1 Milk Protein Concentrate
                    6.2.2.2 Milk Protein Isolates
                    6.2.2.3 Milk Protein Hydrolysates
                                Table 13 Milk Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
           6.2.3 Whey Protein
                    6.2.3.1 Whey Protein Concentrate
                    6.2.3.2 Whey Protein Isolates
                                Table 14 Whey Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    6.2.3.3 Casein & Caseinates
                                Table 15 Casein & Caseinates Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
           6.2.4 Egg Protein
                    Table 16 Egg Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    Table 17 North America: Egg Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 18 Europe: Egg Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 19 Asia Pacific: Egg Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 20 South America: Egg Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 21 RoW: Egg Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
           6.2.5 Gelatin
                    Table 22 Gelatin Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    Table 23 North America: Gelatin Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 24 Europe: Gelatin Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 25 Asia Pacific: Gelatin Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 26 South America: Gelatin Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 27 RoW: Gelatin Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
    6.3 Plant Source
                    Table 28 Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           6.3.1 Soy Protein
                    6.3.1.1 Soy Protein Concentrates (SPCS)
                    6.3.1.2 Soy Protein Isolates (SPI)
                    6.3.1.3 Soy Protein Flour
                    6.3.1.4 Others
                                Table 29 Soy Protein Ingredients Market Size, By Subtype, 2017–2025 (USD Million)
                                Table 30 Soy Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                                Table 31 North America: Soy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                                Table 32 Europe: Soy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                                Table 33 Asia Pacific: Soy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                                Table 34 South America: Soy Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                                Table 35 RoW: Soy Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
           6.3.2 Wheat Protein
                    Table 36 Wheat Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    Table 37 North America: Wheat Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 38 Europe: Wheat Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 39 Asia Pacific: Wheat Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 40 South America: Wheat Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 41 RoW: Wheat Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
           6.3.3 Vegetable Protein
                    Table 42 Vegetable Protein Ingredients Market Size, By Subtype, 2017–2025 (USD Million)
                    Table 43 Vegetable Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    Table 44 North America: Vegetable Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 45 Europe: Vegetable Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 46 Asia Pacific: Vegetable Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 47 South America: Vegetable Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
                    Table 48 RoW: Vegetable Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    6.3.3.1 Pea Protein
                                Table 49 Pea Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    6.3.3.2 Rice Protein
                                Table 50 Rice Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    6.3.3.3 Potato Protein
                                Table 51 Potato Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
                    6.3.3.4 Canola Protein
                                 Table 52 Canola Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)

7 Protein Ingredients Market, By Form (Page No. - 84)
    7.1 Introduction
          Figure 23 Protein Ingredients Market Share, By Form, 2019 Vs. 2025 (By Value)
          Table 53 Protein Ingredients Market Size, By Form, 2017–2025 (USD Million)
    7.2 Dry
          Table 54 Dry Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
    7.3 Liquid
          Table 55 Liquid Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)

8 Protein Ingredients Market, By Application (Page No. - 88)
    8.1 Introduction
          Figure 24 Protein Ingredients Market Size, By Type, 2019 Vs. 2025 (USD Million)
          Table 56 Protein Ingredients Market Size, By Application, 2017–2025 (USD Billion)
    8.2 Food & Beverages
          Table 57 Protein Ingredients Market Size in Food & Beverages, By Region, 2017–2025 (USD Billion)
    8.3 Cosmetics & Personal Care Products
          Table 58 Protein Ingredients Market Size in Cosmetics & Personal Care Products, By Region, 2017–2025 (USD Billion)
    8.4 Feed
          Table 59 Protein Ingredients Market Size in Feed, By Region, 2017–2025 (USD Billion)
    8.5 Pharmaceuticals
          Table 60 Protein Ingredients Market Size in Pharmaceuticals, By Region, 2017–2025 (USD Billion)

9 Protein Ingredients Market, By Region (Page No. - 95)
    9.1 Introduction
          Table 61 Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
          Figure 25 Geographic Snapshot: New Hotspots Emerging in Asia Pacific (2019–2025)
    9.2 North America
          Table 62 North America: Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
          Table 63 North America: Protein Ingredients Market Size, By Source, 2017–2025 (USD Million)
          Table 64 North America: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 65 North America: Dairy Protein Market Size, By Subtype, 2017–2025 (USD Million)
          Table 66 North America: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 67 North America: Vegetable Protein Ingredients Market Size, By Subtype, 2017–2025 (USD Million)
          Table 68 North America: Protein Ingredients Market Size, By Application, 2017–2025 (USD Million)
          Table 69 North America: Protein Ingredients Market Size, By Form, 2017–2025 (USD Million)
           9.2.1 US
                    9.2.1.1 Health & Wellness Trend and the Trend of Clean-Label Products and Allergen Concerns Among Consumers, Resulting in the Introduction and Launch of Food Products in Various Product Categories
                                Table 70 US: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 71 US: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.2.2 Canada
                    9.2.2.1 The Rising Production and Processing of the Animal-And Plant-Sourced Protein Have Made Canada an Important Supplier of Protein Ingredients to Global Markets
                                Table 72 Canada: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 73 Canada: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.2.3 Mexico
                    9.2.3.1 Growing Health Consciousness Among Consumers is the Major Factor Driving the Consumption of Proteins in the Country
                                Table 74 Mexico: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 75 Mexico: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
    9.3 Europe
          Figure 26 Europe: Market Share of Key European Countries, 2018
          Table 76 Europe: Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
          Table 77 Europe: Protein Ingredients Market Size, By Source, 2017–2025 (USD Million)
          Table 78 Europe: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 79 Europe: Dairy Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 80 Europe: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 81 Europe: Vegetable Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 82 Europe: Protein Ingredients Market Size, By Application, 2017–2025 (USD Million)
          Table 83 Europe: Protein Ingredients Market Size, By Form, 2017–2025 (USD Million)
           9.3.1 Germany
                    9.3.1.1 The High-Protein Trend in Food & Beverages and Personal Care & Cosmetics is Gaining a Foothold in Germany, as Protein Claims on Food and Drink Launches Continue Their Growth Path
                                Table 84 Germany: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 85 Germany: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.3.2 France
                    9.3.2.1 The Higher Market Growth Rate of Plant-Sourced Protein Ingredients is Attributed to the Reason That the Production of Animal Protein Generates More Carbon Footprint
                                Table 86 France: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 87 France: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.3.3 UK
                    9.3.3.1 Increasing Awareness About the Health Benefits of Supplement Diets and the Growing use of Protein Ingredients in Functional Food and Beverages
                                Table 88 UK: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 89 UK: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.3.4 Italy
                    9.3.4.1 Increasing Preference for Nutrition-Enriched Ingredients or Functional Ingredients, Such as Protein, That Offer Health Benefitspresent Opportunities for Protein Ingredients Manufacturers
                                Table 90 Italy: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 91 Italy: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.3.5 Spain
                    9.3.5.1 Demand for Lactose-Free Food Products is Gradually Increasing Due to the Health & Wellness Trend
                                Table 92 Spain: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 93 Spain: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.3.6 Rest of Europe
                    9.3.6.1 The Food & Beverage Industry is Rapidly Modernizing, With Significant Investments From Food & Beverage Manufacturers
                                Table 94 Rest of Europe: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 95 Rest of Europe: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
    9.4 Asia Pacific
          Figure 27 Australia & New Zealand to Witness Fastest Growth in the Protein Ingredients Market in Asia Pacific Between 2019 & 2025 (USD Million)
          Table 96 Asia Pacific: Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
          Table 97 Asia Pacific: Protein Ingredients Market Size, By Source, 2017–2025 (USD Million)
          Table 98 Asia Pacific: Animal Protein Market Size, By Type, 2017–2025 (USD Million)
          Table 99 Asia Pacific: Dairy Protein Ingredients Market Size, By Subtype, 2017–2025 (USD Million)
          Table 100 Asia Pacific: Plant Protein Market Size, By Type, 2017–2025 (USD Million)
          Table 101 Asia Pacific: Protein Ingredients Market Size, By Subtype, 2017–2025 (USD Million)
          Table 102 Asia Pacific: Protein Ingredients Market Size, By Application, 2017–2025 (USD Million)
          Table 103 Asia Pacific: Protein Ingredients Market Size, By Form, 2017–2025 (USD Million)
           9.4.1 China
                    9.4.1.1 Chinese Consumers are Adopting Healthy, Nutritious, and Safe Food Items, Demanding Greater Food Quantity and Quality and Changing the Nutrient Content of Their Diets
                                Table 104 China: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 105 China: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.4.2 India
                    9.4.2.1 India is Changing Consumer Attitudes and Their Preferences; Consumers are Opting for Healthy and High-Quality Products
                                Table 106 India: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 107 India: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.4.3 Japan
                    9.4.3.1 The Demand for Processed Milk Proteins has Been Increasing Due to a Rise in Demand for Clinical Nutrition and Dietary Supplements
                                Table 108 Japan: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 109 Japan: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.4.4 Australia & New Zealand
                    9.4.4.1 The Reason That Consumers are Increasingly Shifting Toward Clean Eating, and Allergen-Free Products (Largely Gluten-Free Products)
                                Table 110 Australia & New Zealand: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 111 Australia & New Zealand: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.4.5 Rest of Asia Pacific
                    9.4.5.1 The Consumption of Protein Ingredients in These Countries is Also Positively Influenced By Their Usage in Cosmetic and Pharmaceuticals Applications
                                Table 112 Rest of Asia Pacific: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 113 Rest of Asia Pacific: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
    9.5 South America
          Table 114 South America: Protein Ingredients Market Size, By Country, 2017–2025 (USD Million)
          Table 115 South America: Protein Ingredients Market Size, By Source, 2017–2025 (USD Million)
          Table 116 South America: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 117 South America: Dairy Protein Market Size, By Type, 2017–2025 (USD Million)
          Table 118 South America: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 119 South America: Vegetable Protein Market Size, By Subtype, 2017–2025 (USD Million)
          Table 120 South America: Protein Ingredients Market Size, By Application, 2017–2025 (USD Million)
          Table 121 South America: Protein Ingredients Market Size, By Form, 2017–2025 (USD Million)
           9.5.1 Brazil
                    9.5.1.1 The Increasing Level of Protein Consumption Due to Changing Consumer Trends of Consuming Less Sugar and More Protein
                                Table 122 Brazil: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 123 Brazil: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.5.2 Argentina
                    9.5.2.1 The Demand for Food & Beverages Will Continue to Grow in the Country, Particularly for Proteins, From Both Animal and Plant Origins
                                Table 124 Argentina: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 125 Argentina: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.5.3 Rest of South America
                    9.5.3.1 The Increasing Consumer Concerns About Health Issues, Protein Deficiencies, and Health & Wellness Have Increased the Consumption of Protein-Based
                                Table 126 Rest of South America: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                                Table 127 Rest of South America: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
    9.6 Rest of the World
          Table 128 RoW: Protein Ingredients Market Size, By Region, 2017–2025 (USD Million)
          Table 129 RoW: Protein Ingredients Market Size, By Source, 2017–2025 (USD Million)
          Table 130 RoW: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 131 RoW: Dairy Protein Market Size, By Subtype, 2017–2025 (USD Million)
          Table 132 RoW: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
          Table 133 RoW: Vegetable Protein Market Size, By Subtype, 2017–2025 (USD Million)
          Table 134 RoW: Protein Ingredients Market Size, By Application, 2017–2025 (USD Million)
          Table 135 RoW: Protein Ingredients Market Size, By Form, 2017–2025 (USD Million)
           9.6.1 Africa
                    9.6.1.1 Increase in the Regional Economic Co-Operation and Rise in the Intra-African Trade Have Resulted in Investments of Multinational Companies
                              Table 136 Africa: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                              Table 137 Africa: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
           9.6.2 Middle East
                    9.6.2.1 Consumption of Protein Ingredients is Also Experiencing a Rise, Largely Due to the Growing Focus of Livestock Rears on Livestock Health and Well-Being
                              Table 138 Middle East: Animal Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)
                              Table 139 Middle East: Plant Protein Ingredients Market Size, By Type, 2017–2025 (USD Million)

10 Competitive Landscape (Page No. - 142)
     10.1 Introduction
     10.2 Competitive Leadership Mapping
             10.2.1 Visionary Leaders
             10.2.2 Dynamic Differentiators
             10.2.3 Innovators
             10.2.4 Emerging Companies
                        Figure 28 Protein Ingredients Market: Competitive Leadership Mapping, 2018
     10.3 Market Share Analysis 
              Figure 29 Market Share of Key Players in the Protein Ingredients Market
     10.4 Competitive Scenario
             10.4.1 Expansions
                       Table 140 Expansions, 2014–2019
             10.4.2 New Product Launches
                       Table 141 New Product Launches, 2016–2017
             10.4.3 Acquisitions
                       Table 142 Acquisitions, 2015–2016
             10.4.4 Agreements
                       Table 143 Agreements, 2016–2017

11 Company Profiles (Page No. - 147)
     11.1 Cargill
             11.1.1 Business Overview
                        Figure 30 Cargill: Company Snapshot
             11.1.2 Products Offered
             11.1.3 Recent Developments
             11.1.4 SWOT Analysis
                        Figure 31 Cargill: SWOT Analysis
             11.1.5 MnM View
     11.2 ADM
             11.2.1 Business Overview
                        Figure 32 ADM: Company Snapshot
             11.2.2 Products Offered
             11.2.3 Recent Developments
             11.2.4 SWOT Analysis
                        Figure 33 ADM: SWOT Analysis
             11.2.5 MnM View
     11.3 Dowdupont
             11.3.1 Business Overview
                        Figure 34 Dowdupont: Company Snapshot
             11.3.2 Products Offered
             11.3.3 Recent Developments
             11.3.4 SWOT Analysis
                        Figure 35 Dowdupont: SWOT Analysis
             11.3.5 MnM View
     11.4 Kerry Group
             11.4.1 Business Overview
                        Figure 36 Kerry Group: Company Snapshot
             11.4.2 Products Offered
             11.4.3 Recent Developments
             11.4.4 SWOT Analysis
                        Figure 37 Kerry Group: SWOT Analysis
             11.4.5 MnM View
     11.5 Roquette
             11.5.1 Business Overview
                        Figure 38 Roquette: Company Snapshot
             11.5.2 Products Offered
             11.5.3 Recent Developments
     11.6 Arla Foods
             11.6.1 Business Overview
                        Figure 39 Arla Foods: Company Snapshot
             11.6.2 Products Offered
             11.6.3 Recent Developments
             11.6.4 MnM View
     11.7 Fonterra Co-Operative Group Limited
             11.7.1 Business Overview
                        Figure 40 Fonterra Co-Operative Group Limited: Company Snapshot
             11.7.2 Products Offered
             11.7.3 Recent Developments
                        Figure 41 Fonterra Co-Operative Group Limited: SWOT Analysis
             11.7.4 MnM View
     11.8 Frieslandcampina
             11.8.1 Business Overview
                        Figure 42 Frieslandcampina: Company Snapshot
             11.8.2 Products Offered
             11.8.3 Recent Developments
             11.8.4 MnM View
     11.9 Omega Protein Corporation
             11.9.1 Business Overview
                        Figure 43 Omega Protein Corporation: Company Snapshot
             11.9.2 Products Offered
             11.9.3 Recent Developments
             11.9.4 MnM View
     11.10 Gelita AG
               11.10.1 Business Overview
                            Figure 44 Gelita Ag: Company Snapshot
               11.10.2 Products Offered
               11.10.3 Recent Developments
     11.11 Kewpie Corporation
               11.11.1 Business Overview
                            Figure 45 Kewpie Corporation: Company Snapshot
               11.11.2 Products Offered
     11.12 Agarna
               11.12.1 Business Overview
                            Figure 46 Agarna: Company Snapshot
               11.12.2 Products Offered
               11.12.3 Recent Developments
               11.12.4 MnM View
     11.13 AMCO Proteins
               11.13.1 Business Overview
               11.13.2 Products Offered
               11.13.3 Recent Developments
     11.14 Hilmar Ingredients
               11.14.1 Business Overview
               11.14.2 Products Offered
     11.15 Axiom Foods
               11.15.1 Business Overview
               11.15.2 Products Offered
     11.16 Burcon Nutrascience
               11.16.1 Business Overview
               11.16.2 Products Offered
               11.16.3 Recent Developments

12 Appendix (Page No. - 182)
     12.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.2 Available Customizations
     12.3 Related Reports
     12.4 Author Details

The study involved four major activities in estimating the current market size for the protein ingredients market. Exhaustive secondary research was done to collect information on the market as well as the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various sources were referred to, so as to identify and collect information for this study. These secondary sources included reports from the Food and Agriculture Organization (FAO), Food Safety Council (FSC), Food and Drug Administration (FDA), European Food Safety Authority (EFSA), Food Standards Australia New Zealand (FSANZ), and Food Standards Agency – UK, were referred to identify and collect information for this study. The secondary sources also included annual reports, press releases, investor presentations of companies, white papers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and databases.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification & segmentation according to industry trends to the bottom-most level and geographical markets. It was also used to obtain information about the key developments from a market-oriented perspective.

Primary Research

The overall protein ingredients market comprises several stakeholders in the supply chain, which include raw material suppliers and manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include animal husbandry companies, large-scale ranches, poultry farms, and researchers. The primary sources from the supply side include producers of protein ingredients, suppliers, distributors, importers, and exporters.

Protein Ingredients Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the global market. These approaches were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players were identified through extensive secondary research.
  • The protein ingredients market size, in terms of value, were determined through primary and secondary research.
  • All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. In order to estimate the overall protein ingredients market and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Report Objectives

  • Determining and projecting the size of the protein ingredients market, with respect to type, livestock, form, source, and regional markets, over a six-year period ranging from 2019 to 2025
  • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
  • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • Analyzing the micromarkets, with respect to individual growth trends, future prospects, and their contribution to the total market
  • Identifying and profiling key market players in the global market
  • Providing a comparative analysis of the market leaders on the basis of the following:
    • Product offerings
    • Business strategies
    • Strengths and weaknesses
    • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
  • Analyzing the value chain, products, and regulatory frameworks across key regions and their impact on the prominent market players
  • Providing insights into key product innovations and investments in the protein ingredients market

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific protein ingredients market
  • Further breakdown of the Rest of Europe protein ingredients market

Company Information

  • Analyses and profiling of additional market players (up to five)
Report Code
FB 3470
Published ON
Apr, 2019
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