Protein Ingredients Market Key Players Analysis - Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), E.I. Dupont De Nemours and Company (U.S.), Kerry Group (Ireland), Roquette Freres (France).

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Protein Ingredients Market By Type (Animal Protein Ingredients (Dairy Protein, Milk Protein, Whey Protein, Casein & Caseinates, Egg Protein, Gelatin And Other Animal Protein), Plant Protein Ingredients (Soy Protein, Wheat Protein, Pea Protein, Rice Protein, Potato Protein, Canola Protein, Corn Protein And Other Plant Protein) And Insect Protein Ingredient (Microbial Protein Ingredients, Algae, Fungi And Others)), Form (Dry And Liquid), And Applications (Food And Beverages, Animal Feed, Nutrition And Health Supplements, Pharmaceuticals, Personal Care, And Cosmetics And Others)- Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

The global protein Ingredients market is estimated to reach over 104.80 Billion by the year 2031, exhibiting a CAGR of 8.09% during the forecast period.

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Proteins are complex molecules composed of long chains of amino acids, which serve as fundamental building blocks for cells and provide energy to organisms. As a critical component of all bodily cells, proteins play an essential role in various physiological functions. The protein ingredients market is experiencing robust growth driven by increasing consumer demand for protein-rich foods, including products such as butter, processed meats, confectionery, spreads, yogurt, and sausages. This growth is largely attributed to the rising preference for health-conscious options among senior consumers and individuals focused on their wellness.

The market is also expected to benefit from the continued development of new protein-based molecules by manufacturers, offering diverse amino acid profiles that cater to various purposes, including promoting satiety, repairing tendons, aiding weight loss, and supporting basal metabolism. Additionally, the global increase in protein deficiency-related diseases, such as kwashiorkor, along with a growing number of bodybuilders and professional athletes consuming protein supplements, is further fueling market expansion.

Moreover, the aging global population is contributing to the rising demand for protein ingredients, as older individuals often require higher protein intake to maintain health. Governments in emerging markets are collaborating with industry stakeholders to expand market access, and public awareness campaigns promoting the benefits of protein ingredients are expected to further accelerate market growth.

List of Prominent Players in the Protein Ingredients Market:
Cargill
Incorporated (U.S.)
Archer Daniels Midland Company (U.S.
E.I. Dupont De Nemours and Company (U.S.)
Kerry Group (Ireland)
Roquette Freres (France)
Arla Foods amba (Denmark)
Fonterra Co-Operative Group Limited (New Zealand)
Royal FrieslandCampina N.V
AMCO Proteins (U.S.)
Axiom Foods Inc. (U.S.)
Burcon NutraScience Corporation (Canada)
Glanbia plc (Ireland)
GELITA AG (Germany)
CHS Inc. (U.S.)
Kewpie Corporation (Japan)
Omega Protein Corporation (U.S.)
Hilmar Ingredients (U.S.)
AgriProtein (South Africa)
Crespel & Deiters GmbH & co. kg (Germany)
Ÿnsect (France)
Farbest Brands (U.S.)
Enterra Feed Corporation (Canada)
Sotexpro (France)
Protix (The Netherlands)
Now Foods (U.S.)
Entomo Farms (Canada)
Cosucra Groupe Warcoing SA (Belgium)
DIC Corporation (Japan)
Taiwan Chlorella Manufacturing Company (Taiwan)
Tianjin Norland Biotech Co., Ltd. (China)
Cyanotech Corporation (U.S.
MycoTechnology Inc. (U.S.)
3Fbio Ltd. (U.K.).

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Market Dynamics:
Drivers:
The biopharmaceutical sector is increasingly incorporating protein ingredients into its products, driven by expanded research and development focused on protein-based solutions for clinical nutrition. The demand for these ingredients has grown due to rising awareness of nutrition-related diseases and the impact of changing lifestyles. Additionally, the market's growth is further supported by the growing demand for animal-based food products, advancements in ingredient technologies such as microencapsulation, and an increasing consumer preference for protein-rich diets.

Challenges:
The growth of the global protein ingredients market has been hindered by challenges in distribution networks. While online sales channels and e-commerce platforms have seen an increase in demand for protein ingredients, offline retailers and wholesalers have experienced significant losses. The COVID-19 pandemic further disrupted the market, leading to lower-than-expected growth rates due to reduced sales and operational restrictions. Manufacturing sectors involved in protein ingredient production were also impacted by the pandemic, which further constrained market expansion.

Regional Trends:
The North American region is projected to hold the largest share of the protein ingredients market. Growth in this region is driven by increasing health awareness and consumers' growing focus on the nutritional content, taste, and purity of their food products. Meanwhile, the Asia-Pacific region holds a significant market share, particularly due to the growing consumer markets in countries such as China and India. China, with its easy access to raw materials, remains a major producer of both plant- and animal-based protein ingredients, contributing significantly to the market's expansion in the region.

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Recent Developments:
• In May 2020, cooperation between Cargill and Procter & Gamble will bring environmental invention, igniting the growth of more strong products.
• In October 2019, Cargill announced intentions to invest USD 225 million at a facility in Sydney, Ohio, in order to better serve smallholder producers and fulfil the rising demand for protein and processed oils.

Segmentation of Protein Ingredients Market-
By Type-
• Animal Protein Ingredients
o Dairy Protein
o Milk Protein
o Whey Protein
o Casein & Caseinates
o Egg Protein
o Gelatin
o Other Animal Protein
• Plant Protein Ingredients
o Soy Protein
o Wheat Protein
o Pea Protein
o Rice Protein
o Potato Protein
o Canola Protein
o Corn Protein
o Other Plant Protein
• Insect Protein Ingredients
o Microbial Protein Ingredients
o Algae
o Fungi
o Others
By Form-
• Dry
• Liquid
By Application-
• Food and Beverages
• Animal Feed
• Nutrition and Health Supplements
• Pharmaceuticals
• Personal Care and Cosmetics
• Other
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.