Protein Ingredient Market Demand Analysis 2022 by Growing Global Trends, Size, Segmentation, Revenue Share and Forecast 2029 | Cargill (US), ADM (US), DuPont (US), Kerry Group (Ireland), Omega Protein Corporation (US)

The global protein ingredients market size to Reached at USD 90.9 billion in 2029 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2029.

Protein Ingredient Market Overview

Factors such as rising demand for protein functionalities, increased awareness of healthy diets and nutritional food, new technological advancements in the industry, increased demand for superior personal care and healthcare products, and rising consumption of animal by-products are all driving the market. Because of the huge consumption of animal protein in the region, Europe will dominate the worldwide market. Furthermore, as the European population places a greater emphasis on living a healthier lifestyle, the market in the region will rise.

The global Protein Ingredient market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.

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Industry Development

Partnership to Improve the Functionality of Pulse-based Ingredients

Ingredion Inc., Ingredion Plant Based Protein Specialties (Canada) Inc., Verdient Foods Inc., T Base 4 Investments and O.M.D. Food Products are partnering to commercialize new technology that will improve the functionality of pulse-based ingredients. Initially focusing on yellow peas, the partners will use physical processing techniques to turn the commodities into ingredients that will be available to food processors and manufacturers in Canada and internationally.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Protein Ingredient market manufacturers. The revenue created from the sales of Protein Ingredient Market has been calculated through primary and secondary research.

The market size assessment also considered leading players revenues as part of triangulation the key players considered are Cargill (US), ADM (US), DuPont (US), Kerry Group (Ireland), Omega Protein Corporation (US), Friesland Campina (Netherlands), Fonterra Co-operative Group Limited (New Zealand), Arla Foods (Denmark), Roquette (France), Gelita AG (Germany), Kewpie Corporatio and Others.

The Protein Ingredient Market has been segmented as below:

Global Market by Source, 2019-2028, (In USD Million)

Animal Source

Plant Source

Global Market by Application, 2019-2028, (In USD Million)

Food And Beverages

Cosmetics And Personal Care

Feed

Pharmaceuticals

Global Market by Form, 2019-2028, (In USD Million)

Dry

Liquid

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Protein Ingredient Market: Regional Analysis

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Protein Ingredient market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.

Geographically, the market is dominated by APAC, North America and Europe.

Major Key areas that have been focused on in the report:

Raw material supply analysis
Major trends noticed in the Global Protein Ingredient Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.

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This release was published on openPR.