What are the Growth Drivers of Food Protein Ingredient Market? Solae, LLC, Archer Daniels Midland, Cargill, Bunge, Mead Johnson Nutrition, CHS Inc., Roquette, MGP Ingredients, Rousselot, Tessenderlo Group

Asia Pacific Food Protein Ingredient Market is estimated to exceed USD 5.65 billion over the forecast timeframe owing to rising consumption of dietary supplements. Easy and large availability of plat based raw material due to presence of agro – economies in this region supported by dominance of vegan population may drive regional growth mainly for plant-based additives. However, growth in animal derived products demand owing to decreasing cultural and traditional barriers mainly in China, Japan and India will promote animal derived food protein ingredients demand.

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Shift in consumer focus towards consuming healthy dietary supplements along with strong application outlook in food & beverage industry should drive food protein ingredients market size. These products are sourced from raw materials which can be both plant and animal based. Consumer mostly prefer plant-based ingredients owing to its functional and nutritional benefits driving industry size. Plant based ingredients offer myriad of health benefits including controlling blood pressure, reducing risk of cancer & heart disease.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Solae, LLC
• Archer Daniels Midland
• Cargill
• Bunge
• Mead Johnson Nutrition
• CHS Inc.
• The Scouler Company
• Roquette
• MGP Ingredients
• Rousselot
• Tessenderlo Group
• CropEnergies AG
• KEWPIE Corporation

Growing demand for infant food due to increasing affordability and rising income levels across the globe should propel food protein ingredients demand. Infant nutrition accounts over 30% of global product demand which can be accredited to increasing demand from mothers who have busy work schedule and lack in time to prepare meals.

Soy based food protein ingredients market size is expected to witness significant gains at over 7% during forecast period. They also account the majority share in plant-based product market which can be attributed to its high-quality amino acid profile and concentration. Growing awareness among consumer regarding health benefits offered by consuming soy should drive product demand. Strengthening R&D landscape by industry participants towards introducing soy-based products blending into functional & fortified food & beverage applications also strengthens industry growth.

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Sport nutrition application for food protein ingredients is expected to witness strong gains at over 7% by 2024. This growth of product demand in sports nutrition can be ascribed to need for supplements in post resistant workout for reducing fat-mass and increase lean body mass, strength and skeletal muscle hypertrophy. Rice food protein ingredients accounts majority share in this application segment owing to its amino acid profile and growing intolerance to various other sources including egg, meat, whey and soy.

Stringent regulatory regimes in Europe and North America set forth by EFSA and FDA pertaining to approvals and labelling these products should bolster industry growth. Government and public health agencies also formulate strict laws & standard operating procedures (SOP) regarding safe production which should strengthen food protein ingredients market growth. Companies & manufacturers also form strategic alliances and collaborations to enhance its product and application portfolio along with launching new product in the market.

Report Content

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimation & forecast parameters

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid Sources

1.4.2.2 Public Sources

1.5 Appendix

Chapter 2 Executive Summary

2.1.1 Business trends

2.1.2 Regional trends

2.1.3 Product trends

2.1.4 Application trends

Chapter 3 Protein Ingredients Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 - 2024

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.3.2 Distribution channel analysis

3.3.2.1 Strategic Alliance

3.3.2.2 Collaboration

3.3.2.3 Distributors

3.3.2.4 Technology Providers

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