Protein Ingredients Market by Source (Animal and Plant), Application (Food & Beverage, Animal Feed, Cosmetics & Personal Care, and Pharmaceuticals), and Region - Forecast to 2022

The protein ingredients market was valued at USD 41.41 billion in 2016 and is projected to grow at a CAGR of 6.0% from 2017, to reach a value of USD 58.49 billion by 2022. The basic objective of the report is to define, segment, and project the global market size of the protein ingredients market on the basis of source, application, and region. It will also help to understand the structure of the protein ingredients market by identifying its various segments. The other objectives include analyzing the opportunities in the market for the stakeholders, providing the competitive landscape of the market trends, and projecting the size of the protein ingredients market and its submarkets, in terms of value (USD Million) and volume (KT).

This research study involved the extensive use of secondary sources; which included directories and databases, such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the protein ingredients market. The primary sources that have been involved include industry experts from the core and related industries and preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations from companies; and organizations related to all the segments of this industry’s value chain. In-depth interviews have been conducted with various primary respondents such as key industry participants, subject matter experts, C-level executives of the key market players, and industry consultants to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied in drafting this report on the protein ingredients market.

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

Key participants in the protein ingredients market are the protein ingredient manufacturers, suppliers, and regulatory bodies. The key players that are profiled in the report include Cargill (U.S.), Archer Daniels Midland Company (ADM) (U.S.), E. I. du Pont de Nemours and Company (U.S.), Kerry Group plc (Ireland), Omega Protein Corporation (U.S.), Fonterra Co-operative Group Ltd. (New Zealand), Arla Foods (Denmark), Kewpie Corporation (Japan), AMCO Proteins (U.S.), GELITA AG (Germany), and Hilmar Ingredients (U.S.).

This report is targeted at the existing industry players, which include the following:

• Protein ingredient manufacturers
• Regulatory bodies
• Intermediary suppliers
• End users

“The study answers several questions for the stakeholders; primarily, which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.”

Scope of the Report

On the basis of source, the protein ingredients market has been segmented as follows:

• Animal source
  • Dairy  protein
    • Whey protein
    • Casein and caseinates
    • Milk protein concentrate
  • Egg protein
  • Gelatin
• Plant source
  • Soy protein
    • Soy protein concentrates
    • Soy protein isolates
    • Textured soy protein
  • Wheat protein
  • Vegetable protein
    • Pea protein
    • Others
      

On the basis of application, the protein ingredients market has been segmented as follows:

• Food & beverages
• Cosmetics and personal care
• Animal feed
• Pharmaceuticals

On the basis of region, the protein ingredients market has been segmented as follows:

• North America
• Europe
• Asia-Pacific
• RoW (South America and the Middle East & Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific needs.

The following customization options are available for the report:

Segment Analysis

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

Regional Analysis

• Further breakdown of the Rest of Asia-Pacific protein ingredients market, by country
• Further breakdown of the Rest of Europe protein ingredients market, by country

Company Information

• Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Covered
           1.3.2 Geographic Scope
    1.4 Periodization Considered for the Study
    1.5 Currency Considered
    1.6 Units Considered
    1.7 Stakeholders
    1.8 Limitations

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries By Company Type, Designation, and Region
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 32)
    4.1 Opportunities in Protein Ingredients Market
    4.2 U.S. to Be Largest Protein Ingredients Market
    4.3 Life Cycle Analysis: Protein Ingredients Market, By Region
    4.4 Protein Ingredients Market, By Region
    4.5 Animal-Sourced vs Plant-Source Protein Ingredients
    4.6 Protein Ingredients Market, By Application

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Protein Ingredients Market, By Source
           5.2.2 Market, By Application
           5.2.3 Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Demand for Functional Proteins
                    5.3.1.2 Rising Consumer Health Awareness
                    5.3.1.3 New Technological Developments
                    5.3.1.4 Increasing Demand for Animal Products
                    5.3.1.5 Rising Demand for Superior Personal and Health Care Products
           5.3.2 Restraints
                    5.3.2.1 Stringent Government Regulations
                               5.3.2.1.1 Regulations for Animal Proteins
                               5.3.2.1.2 EU Regulations
           5.3.3 Opportunities
                    5.3.3.1 High Potential for Dairy and Plant Proteins
           5.3.4 Challenges
                    5.3.4.1 Increasing Consumer Demand for Product Transparency
    5.4 Value Chain Analysis

6 Protein Ingredients Market, By Source (Page No. - 46)
    6.1 Introduction
    6.2 Animal Source
           6.2.1 Dairy Protein
                    6.2.1.1 Whey Protein
                    6.2.1.2 Casein and Caseinates
                    6.2.1.3 Milk Protein Concentrate
           6.2.2 Egg Protein
           6.2.3 Gelatin
    6.3 Plant Source
           6.3.1 Soy Protein
                    6.3.1.1 Soy Protein Concentrates
                    6.3.1.2 Soy Protein Isolates
                    6.3.1.3 Textured Soy Protein
           6.3.2 Wheat Protein
           6.3.3 Vegetable Protein
                    6.3.3.1 Pea Protein
                    6.3.3.2 Others

7 Protein Ingredients Market, By Application (Page No. - 56)
    7.1 Introduction
    7.2 Food and Beverages
    7.3 Cosmetics and Personal Care
    7.4 Animal Feed
    7.5 Pharmaceuticals

8 Protein Ingredients Market, By Region (Page No. - 64)
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 U.K.
           8.3.4 Italy
           8.3.5 Spain
           8.3.6 Rest of Europe
    8.4 Asia-Pacific
           8.4.1 China
           8.4.2 Japan
           8.4.3 India
           8.4.4 Australia and New Zealand
           8.4.5 Rest of Asia-Pacific
    8.5 Rest of the World
           8.5.1 Latin America
           8.5.2 Middle East and Africa

9 Competitive Landscape (Page No. - 97)
    9.1 Overview
    9.2 Competitive Situation and Trends
           9.2.1 Expansions and Investments
           9.2.2 Joint Ventures, Partnerships, Collaborations, and Agreements
           9.2.3 Mergers and Acquisitions
           9.2.4 New Product Launches

10 Company Profiles (Page No. - 106)
(Business Overview, Product Offered, Recent Developments, MnM View, SWOT Analysis, Key Strategies)*
     10.1 Introduction
     10.2 Cargill
     10.3 Archer Daniels Midland Company
     10.4 E. I. Du Pont De Nemours and Company
     10.5 Kerry Group PLC
     10.6 Omega Protein Corporation
     10.7 Fonterra Co-Operative Group Ltd
     10.8 Arla Foods
     10.9 Kewpie Corporation
     10.10 Amco Proteins
     10.11 Gelita AG
     10.12 Hilmar Ingredients

"* The companies listed are a representative sample of the market’s ecosystem and in no particular order"

*Details on Business Overview, Product Offered, Recent Developments, MnM View, SWOT Analysis, Key Strategies Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 135)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.3 Company Developments
             11.3.1 Expansions & Investments
             11.3.2 Joint Ventures, Partnerships, Collaborations, and Agreements
             11.3.3 Mergers & Acquisitions
             11.3.4 New Product Launches
     11.4 Introducing Rt: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports
     11.7 Author Details

List of Tables (84 Tables)

Table 1 Protein Ingredients Market Size, By Source, 2015–2022 (USD Billion)
Table 2 Market Size, By Source, 2015–2022 (KT)
Table 3 Animal Protein Ingredients Market Size, By Type, 2015–2022 (USD Billion)
Table 4 Animal Protein Ingredients Market Size, By Type, 2015–2022 (KT)
Table 5 Dairy Protein Ingredients Market Size, By Type, 2015–2022 (USD Billion)
Table 6 Dairy Protein Ingredients Market Size, By Type, 2015–2022 (KT)
Table 7 Plant Protein Ingredients Market Size, By Type, 2015–2022 (USD Billion)
Table 8 Plant Protein Ingredients Market Size, By Type, 2015–2022 (KT)
Table 9 Soy Protein Ingredients Market Size, By Type, 2015–2022 (USD Billion)
Table 10 Soy Protein Ingredients Market Size, By Type, 2015–2022 (KT)
Table 11 Vegetable Proteins Ingredients Market Size, By Type, 2015–2022 (USD Billion)
Table 12 Vegetable Proteins Ingredients Market Size, By Type, 2015–2022 (KT)
Table 13 Protein Ingredients Market Size, By Application, 2015–2022 (USD Billion)
Table 14 Market Size, By Application, 2015–2022 (KT)
Table 15 Protein Ingredients in Food and Beverages Market Size, By Region, 2015–2022 (USD Billion)
Table 16 Protein Ingredients in Food and Beverages Market Size, By Region, 2015–2022 (KT)
Table 17 Protein Ingredients in Cosmetics and Personal Care Market Size, By Region, 2015–2022 (USD Billion)
Table 18 Protein Ingredients in Cosmetics and Personal Care Market Size, By Region, 2015–2022 (KT)
Table 19 Protein Ingredients in Animal Feed Market Size, By Region, 2015–2022 (USD Billion)
Table 20 Protein Ingredients in Animal Feed Market Size, By Region, 2015–2022 (KT)
Table 21 Protein Ingredients in Pharmaceuticals Market Size, By Region, 2015–2022 (USD Billion)
Table 22 Protein Ingredients in Pharmaceuticals Market Size, By Region, 2015–2022 (KT)
Table 23 Protein Ingredients Market Size, By Region, 2015–2022 (USD Billion)
Table 24 Market Size, By Region, 2015–2022 (KT)
Table 25 North America: Protein Ingredients Market Size, By Country, 2015–2022 (USD Billion)
Table 26 North America: Market Size, By Country, 2015–2022 (KT)
Table 27 North America: Market Size, By Source, 2015–2022 (USD Billion)
Table 28 North America: Market Size, By Source, 2015–2022 (KT)
Table 29 North America: Market Size, By Application, 2015–2022 (USD Billion)
Table 30 North America: Market Size, By Application, 2015–2022 (KT)
Table 31 U.S.: Market Size, By Application, 2015–2022 (USD Billion)
Table 32 U.S.: Market Size, By Application, 2015–2022 (KT)
Table 33 Canada: Market Size, By Application, 2015–2022 (USD Billion)
Table 34 Canada: Market Size, By Application, 2015–2022 (KT)
Table 35 Mexico: Market Size, By Application, 2015–2022 (USD Billion)
Table 36 Mexico: Market Size, By Application, 2015–2022 (KT)
Table 37 Europe: Protein Ingredients Market Size, By Country, 2015–2022 (USD Billion)
Table 38 Europe: Market Size, By Country, 2015–2022 (KT)
Table 39 Europe: Market Size, By Source, 2015–2022 (USD Billion)
Table 40 Europe: Market Size, By Source, 2015–2022 (KT)
Table 41 Europe: Market Size, By Application, 2015–2022 (USD Billion)
Table 42 Europe: Market Size, By Application, 2015–2022 (KT)
Table 43 Germany: Market Size, By Application, 2015–2022 (USD Billion)
Table 44 Germany: Market Size, By Application, 2015–2022 (KT)
Table 45 France: Market Size, By Application, 2015–2022 (USD Billion)
Table 46 France: Market Size, By Application, 2015–2022 (KT)
Table 47 U.K.: Market Size, By Application, 2015–2022 (USD Billion)
Table 48 U.K.: Market Size, By Application, 2015–2022 (KT)
Table 49 Italy: Market Size, By Application, 2015–2022 (USD Billion)
Table 50 Italy: Market Size, By Application, 2015–2022 (KT)
Table 51 Spain: Market Size, By Application, 2015–2022 (USD Billion)
Table 52 Spain: Market Size, By Application, 2015–2022 (KT)
Table 53 Rest of Europe: Protein Ingredients Market Size, By Application, 2015–2022 (USD Billion)
Table 54 Rest of Europe: Market Size, By Application, 2015–2022 (KT)
Table 55 Asia-Pacific: Protein Ingredients Market Size, By Country, 2015–2022 (USD Billion)
Table 56 Asia-Pacific: Market Size, By Country, 2015–2022 (KT)
Table 57 Asia-Pacific: Market Size, By Source, 2015–2022 (USD Billion)
Table 58 Asia-Pacific: Market Size, By Source, 2015–2022 (KT)
Table 59 Asia-Pacific: Market Size, By Application, 2015–2022 (USD Billion)
Table 60 Asia-Pacific: Market Size, By Application, 2015–2022 (KT)
Table 61 China: Market Size, By Application, 2015–2022 (USD Billion)
Table 62 China: Market Size, By Application, 2015–2022 (KT)
Table 63 Japan: Market Size, By Application, 2015–2022 (USD Billion)
Table 64 Japan: Market Size, By Application, 2015–2022 (KT)
Table 65 India: Market Size, By Application, 2015–2022 (USD Billion)
Table 66 India: Market Size, By Application, 2015–2022 (KT)
Table 67 Australia and New Zealand: Market Size, By Application, 2015–2022 (USD Billion)
Table 68 Australia and New Zealand: Market Size, By Application, 2015–2022 (KT)
Table 69 Rest of Asia-Pacific: Market Size, By Application, 2015–2022 (USD Billion)
Table 70 Rest of Asia-Pacific: Market Size, By Application, 2015–2022 (KT)
Table 71 RoW: Protein Ingredients Market Size, By Region, 2015–2022 (USD Billion)
Table 72 RoW: Market Size, By Region, 2015–2022 (KT)
Table 73 RoW: Market Size, By Source, 2015–2022 (USD Billion)
Table 74 RoW: Market Size, By Source, 2015–2022 (KT)
Table 75 RoW: Market Size, By Application, 2015–2022 (USD Billion)
Table 76 RoW: Market Size, By Application, 2015–2022 (KT)
Table 77 Latin America: Protein Ingredients Market Size, By Application, 2015–2022 (USD Billion)
Table 78 Latin America: Market Size, By Application, 2015–2022 (KT)
Table 79 Middle East and Africa: Protein Ingredients Market Size, By Application, 2015–2022 (USD Billion)
Table 80 Middle East and Africa: Market Size, By Application, 2015–2022 (KT)
Table 81 Expansion and Investments, 2012–February 2017
Table 82 Joint Ventures, Partnerships, Collaborations and Agreements, 2012–February 2017
Table 83 Mergers and Acquisitions, 2012–February 2017
Table 84 New Product Launches, 2012–February 2017

List of Figures (47 Figures)

Figure 1 Protein Ingredients Market Segmentation
Figure 2 Protein Ingredients Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Research Assumptions
Figure 7 Protein Ingredients Market Snapshot (2017 vs 2022): Dairy and Egg Dominate Overall Protein Ingredients Market (USD Billion)
Figure 8 Protein Ingredients Widely Used in Food and Beverages and Cosmetics and Personal Care Products
Figure 9 Protein Ingredients Market Size, By Source, 2017–2022 (USD Billion)
Figure 10 North America: Largest Protein Ingredients Market in 2016
Figure 11 Leading Protein Ingredient Manufacturers Adopted Expansions and Investments as Key Strategy, 2012–2017 (February)
Figure 12 Growing Demand for Protein Functionalities, Animal Products, and Personal and Health Care Products Driving Protein Ingredients Market
Figure 13 Emerging Markets Poised to Grow Significantly From 2017 to 2022 (In Terms of Value)
Figure 14 North America and Europe Near Maturity, Asia-Pacific and RoW to Drive Global Growth, 2017–2022
Figure 15 Asia-Pacific Market Projected to Record Highest Growth Between 2017 and 2022
Figure 16 Dairy Protein: Largest Animal-Sourced Protein Segment; Soy Protein: Largest Plant-Sourced Segment, 2016
Figure 17 Food and Beverage Largest Application Segment in 2016 (USD Billion)
Figure 18 Protein Ingredients Market, By Source
Figure 19 Market, By Application
Figure 20 Market, By Region
Figure 21 Healthy Diets Spurring Protein Ingredients Market
Figure 22 Raw Materials and Processing: Vital Components of Value Chain
Figure 23 Protein Ingredients Market Size, By Source, 2017 vs 2022 (USD Billion)
Figure 24 Market Size, By Source, 2017 vs 2022 (KT)
Figure 25 Mexico to Witness Fastest Growth in North American Protein Ingredients Market Between 2017–2022, (USD Billion)
Figure 26 U.S. to Lead North American Protein Ingredients Market Until 2022 (USD Billion)
Figure 27 Germany to Witness Fastest Growth in European Protein Ingredients Market From 2017 to 2022 (USD Billion)
Figure 28 China to Dominate Asia-Pacific Protein Ingredients Market From 2017 to 2022 (USD Billion)
Figure 29 Expansions and Investments: Most Preferred Strategy By Key Players, 2012–February 2017
Figure 30 Expansions and Investments Fueled Growth, 2012– February 2017
Figure 31 Expansions and Investments: Key Strategy, 2012–February 2017
Figure 32 Ranking Analysis of Key Players in Protein Ingredients Market
Figure 33 Geographical Revenue Mix of Top 5 Market Players
Figure 34 Cargill: Company Snapshot
Figure 35 Cargill: SWOT Analysis
Figure 36 Archer Daniels Midland Company: Company Snapshot
Figure 37 Archer Daniels Midland Company: SWOT Analysis
Figure 38 E. I. Du Pont De Nemours and Company: Company Snapshot
Figure 39 E. I. Du Pont De Nemours and Company: SWOT Analysis
Figure 40 Kerry Group PLC: Company Snapshot
Figure 41 Kerry Group PLC: SWOT Analysis
Figure 42 Omega Protein: Company Snapshot
Figure 43 Omega Protein Corporation: SWOT Analysis
Figure 44 Fonterra Co-Operative Group Ltd: Company Snapshot
Figure 45 Arla Foods: Company Snapshot
Figure 46 Kewpie Corporation: Company Snapshot
Figure 47 Gelita AG: Company Snapshot

The protein ingredients market was valued at USD 41.4 billion in 2016 and is projected to grow at a CAGR of 6.0% from 2017, to reach a value of USD 58.5 billion by 2022. The growing consumption of protein ingredients is driven by the increasing demand for protein functionalities, awareness about healthy diet and nutritional food, new technological developments, growing demand for superior personal care and healthcare products, and increasing consumption of animal by-products.

Based on source, the market has been segmented into animal and plant. The animal protein segment dominated the market in 2016. Animal protein sources are complete proteins, as they contain all essential amino acids; while plant protein sources lack one or more essential amino acids. They are largely preferred by consumers because of their nutritional profile, which is better than plant protein; dominant use in major end-use applications such as functional beverages; and the difficulty of substituting egg and gelatin in bakery and confectionery applications.

In terms of application, the food & beverages segment dominated the market in 2016. The growing health consciousness has led to the increased focus of consumers on healthy diets and nutritious food. Thus, the demand for functional and healthy food is on the rise. Besides their nutritional properties, proteins are widely used for their functional properties, which include texturing, emulsifying, solubility, stabilizing, and binding. These functional properties enable manufacturers to lower their raw material costs, as they act as substitutes to some food additives, and are used to impart specific properties. As a result, protein ingredients are witnessing a high level of consumption and demand from segments such as bakery, dairy, dietary supplements, infant formula, beverages, and other food products.

Asia-Pacific is projected to be the fastest-growing market for protein ingredients during the forecast period. This growth can be attributed to the increasing population, government back up, and support by a range of local and global organizations and associations to improve health and diet standards. The rapid economic growth in the region is expected to propel high demand for protein ingredients, especially in China, India, and the Southeast Asian countries. The growing health consciousness has resulted in consumers shifting their focus to healthy diets. The improvement in the economic conditions of consumers has also benefited the Asia-Pacific cosmetics and personal care industry, as these improved economic conditions drive consumer interest in skincare, hair care, and other cosmetic products. The use of protein ingredients in the cosmetics and personal care industry has grown significantly, as consumers are demanding superior products.

One of the major challenges faced by the protein ingredient manufacturers is the increasing consumer demand for product transparency. The demand for transparency has increased sharply, as consumers are paying more attention to clean plant-based protein products. Thus, the food industry is facing a major challenge in offering healthy products with the desired transparency to meet consumer demand. Such challenges may hamper the protein ingredients market, in the coming years.

Key participants in the protein ingredients market are the protein ingredient manufacturers, suppliers, and regulatory bodies. The key players that are profiled in the report include Cargill (U.S.), Archer Daniels Midland Company (ADM) (U.S.), E. I. du Pont de Nemours and Company (U.S.), Kerry Group plc (Ireland), Omega Protein Corporation (U.S.), Fonterra Co-operative Group Ltd. (New Zealand), Arla Foods (Denmark), Kewpie Corporation (Japan), AMCO Proteins (U.S.), GELITA AG (Germany), and Hilmar Ingredients (U.S.)

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