Protein Ingredients Market Worth $122.17 Billion by 2030: Grand View Research, Inc.

Key Industry Insights & Findings from the report: Key Industry Insights & Findings from the report: Read full market research report for more Insights, "Protein Ingredients Market Size, Share & Trends Analysis Report By Product (Plant Proteins, Animal/Dairy Proteins, Microbe-based Protein, Insect Protein), By Application (Foods & Beverages), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research. Protein Ingredients Market Growth &...

Key Industry Insights & Findings from the report:

Read full market research report for more Insights, "Protein Ingredients Market Size, Share & Trends Analysis Report By Product (Plant Proteins, Animal/Dairy Proteins, Microbe-based Protein, Insect Protein), By Application (Foods & Beverages), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Protein Ingredients Market Growth & Trends 

Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the 'strong not skinny' trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.

There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.

The protein ingredients companies have been launching new products to cater to the rising demand among health-conscious consumers. For instance, in October 2018, the company DuPont launched a new protein ingredient (pea protein) under the brand TRUPRO 2000 for use in beverage applications. DuPont introduced the new product to further expand its product offerings and increase its penetration in the beverages industry.

Furthermore, in August 2019, Cargill, Incorporated invested in a U.S.-based company called Puris that is operating in the field of plant-based ingredients. A total sum of USD 75 million was invested to cater to the rising demand for pea protein ingredients in the U.S. market. Many international players are looking to make such investments to capitalize on the growing demand for pea protein. Urbanization, westernization of diets, population growth, expanding middle-class with higher disposable income, increasing frequency of exercise, and rising focus on leading an active and healthy lifestyle in the emerging economies, including China and India, are factors expected to drive the demand for protein ingredients.

Protein Ingredients Market Segmentation

Grand View Research has segmented the protein ingredients market based on product, application, and region

Protein Ingredients Market - Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

Protein Ingredients Market - Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

 

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

 

List of Key Players of Protein Ingredients Market

 

 

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Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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