Press release
Protein Ingredients Market to Hit More than $94 Billion by 2028 - Arizton
Protein Ingredients Market Research Report by Arizton
To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/4013
The global protein ingredients market is set to continue evolving to meet the needs of an ever-growing and increasingly diverse population. Manufacturers must stay ahead of the curve to remain competitive and relevant. This means investing in R&D to create innovative, high-quality products that provide unique nutritional benefits without sacrificing taste. Similarly, suppliers must devise strategies to source sustainable and ethical proteins to meet changing consumer preferences.
Growing Number of Vegan Population Creating Buzz in the Protein Ingredients Market
A rise in preference for vegan and plant-based diets among consumers owing to increased concerns regarding animal and environmental protection drives the market for plant-based products. Millennials are the main drivers for the global shift away from animal-based product consumption. Renowned celebrities, world-class athletes, and large companies promote the consumption of more plant-based products. Countries such as China also support the vegan movement. Moreover, professional athletes adopt plant-based diets, breaking the myth about animal proteins. Some popular athletes include Kendrick Farris, a weightlifter from the Rio Olympics; a popular tennis player, Venus Williams; Patrik Baboumian, an Armenian-German strongman; and Heather Mills, a former skier and an amputee. Several celebrities also give up animal diets and embrace plant-based food and beverages. As a part of a broader initiative, Google also shifted toward implementing more plant-based food for its employees. Google recognizes meat consumption as an essential part of its carbon footprint. The company has been working with Better Buying Lab to develop strategies to help consumers purchase and consume more sustainable foods. In addition, many schools and teachers in the US and Europe implement more vegan meal options in school lunches.
Recent Developments in the Protein Ingredients Market
In 2022, International Flavors & Fragrances (IFF) launched its next-generation plant-based protein - SUPRO® TEX - to enhance growth in the meat alternative segment beyond ground meat burgers.
In 2023, FrieslandCampina, a prominent player in the global proteins and prebiotics industry, announced its plan to increase its production of whey protein isolate and milk fat globule membrane (MFGM) twofold.
Key Highlights
APAC is one of the fastest-growing markets and is expected to grow at a CAGR of 7.52% during the forecast period. Enhancements in digital infrastructure in emerging countries, such as India and China, offer significant opportunities for online platforms to promote the sales of products in the region.
Based on application, the global protein ingredients market is dominated by food & beverages, with a share of 42.11% and expected to grow with a CAGR of 6.83%.
The rise and fall in the price of raw materials, such as soy, pea, almond, coconut, rice, and other ingredients required to produce plant-based protein supplements directly impact the cost of production.
The demand for plant-based meat is rising due to the increased adoption of a flexitarian lifestyle.
About the Report
The global protein ingredients market is provided for the forecast years 2023 to 2028 and the base year 2022. The market is segmented by source, application, form, and geography. The report provides a holistic approach to the global protein ingredients market to enable customers to analyze the market thoroughly.
Buy this Research @ https://www.arizton.com/market-reports/protein-ingredients-market
Post-Purchase Benefit
1hr of free analyst discussion
10% of customization
Key Company Profiles
ADM
Cargill
FrieslandCampina
International Flavors & Fragrances (IFF)
Fonterra Co-operative Group
Kerry
Arla Foods
Bunge
Corbion
Fuji Oil
GELITA
Glanbia
AMCO Proteins
The Scoular Company
Wilmar International
Roquette Frères
Sudzucker AG
Hilmar Cheese Company
Ingredion
Burcon
COSUCRA
A&B Ingredients
TATE & LYLE
Market Segmentation
Source
Animal
Plant
Insect
Microbial
Animal
Meat
Dairy
Whey Protein
Milk Protein
Casein & Caseinates
Eggs
Aquaculture & Fisheries
Plant
Soy
Wheat
Pea
Others
Insect
Microbial
Form
Dry
Liquid
Application
Food & Beverages
Meat & Meat Alternatives
Dairy & Dairy Alternatives
Bakery Products
Performance Nutrition
Convenience Foods
Others
Animal Feed
Personal Care & Cosmetics
Pharmaceuticals
Geography
North America
The US
Canada
Europe
Germany
The UK
France
Italy
Spain
Poland
Netherlands
APAC
China
Japan
India
Indonesia
South Korea
Australia
Singapore
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
The UAE
Key Questions Answered in the Report:
How big is the protein ingredients market?
What is the growth rate of the global protein ingredients market?
Which region dominates the global protein ingredients market share?
What are the significant trends in the protein ingredients industry?
Who are the key players in the global protein ingredients market?
Get the Detailed TOC @ https://www.arizton.com/market-reports/protein-ingredients-market?details=tableOfContents
Why Arizton?
100% Customer Satisfaction
24x7 availability - we are always there when you need us
200+ Fortune 500 Companies trust Arizton's report
80% of our reports are exclusive and first in the industry
100% more data and analysis
1500+ reports published till date
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Contact Us
Call: +1-312-235-2040
+1 302 469 0707
Mail: enquiry@arizton.com
Contact Us: https://www.arizton.com/contact-us
Blog: https://www.arizton.com/blog
Website: https://www.arizton.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Protein Ingredients Market to Hit More than $94 Billion by 2028 - Arizton here
News-ID: 3317412 • Views: …
More Releases for Protein
Cell-Free Protein Synthesis Market Forecast: Opportunities in High-Throughput Pr …
"Cell-Free Protein Synthesis Market" in terms of revenue was estimated to be worth USD 299.9 million in 2024 and is poised to reach USD 585.3 Million by the year 2034, growing at a CAGR of 7.0% from 2025 to 2034 according to a new report by InsightAce Analytic.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1445
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global cell-free…
Plant Protein Market : Latest Market Research Report for Strategic Advantage | S …
Global Plant Protein Market
Market Overview:
Global Plant Protein Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028.This research study of Plant Protein involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters…
Pea Protein Ingredients Market Prospects, Consumption, Cost Structure, Competiti …
The food industry is continuously searching for healthier and cheaper protein ingredients that can be replaced by animal-based and gluten-based proteins. Pea protein is beneficial due to its low allergenicity, availability, and high nutritional value. The Global Pea Protein Ingredients Market is witnessing a major rise in its revenue from US$ 2.35 Bn in 2021 to US$ 6.78 Bn by 2030. The market is recording a CAGR of 12.5% during…
Astonishing growth in Dairy Protein Market Growth? Milk Protein Isolates (MPIs), …
Dairy Protein Market Business Insights and Updates:
The latest Market report by a Data Bridge Market Research with the title [Global Dairy Protein Market - Industry Trends and Forecast to 2026] . Dairy Protein Market research analysis and data lend a hand to businesses for the planning of strategies related to COVID-19 impact on industry, investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Dairy Protein market insights with…
Global Plant Protein Market 2019 – Soy Protein, Wheat Protein, Pea Protein | K …
The Global Pea Protein Market Research Report conducts a deep estimation on the present state of Pea Protein Industry with the definition, classification and market scope. The fundamental Pea Protein Industry aspects like competitive landscape structure, eminent industry players, Pea Protein Market size and value is studied. The Pea Protein Market growth trends, development plans, dynamic market driving factors and risk assessment is conducted. All the traders, dealers, distributors of…
Protein Packaging Market Report 2018: Segmentation by Product (Rigid packaging, …
Global Protein Packaging market research report provides company profile for Amcor Limited, DuPont, Flexifoil Packaging Pvt., Swiss Pac Private Ltd. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed…
