Protein Ingredients Market Size for Food Application - By Product (Animal Proteins, Plant Proteins), Application (Sports Nutrition, Clinical Nutrition, Infant Nutrition, Bakery, Fortified Food & Beverages, Functional Food & Beverages), Regional Outlook & Forecast, 2023 – 2032

Protein Ingredients Market Size for Food Application

Protein Ingredients Market size for Food Application is estimated to grow at over 7.5% CAGR between 2023 and 2032. The rising demand for protein-rich diets, driven by increased health consciousness and a growing focus on fitness, is a significant growth factor. Consumers are actively seeking foods that provide essential nutrients. Food protein ingredients offer an effective means to meet these nutritional requirements. According to the World Bank data, global population crossed 7.9 billion in 2022. The expanding population and rising disposable incomes in emerging economies have led to a surge in adoption of processed and convenient food products, further fueling the demand for food protein ingredients.
 

The plant-based diets are becoming popular choice among the population worldwide. As per a World Economic Forum report, 65% of consumers prioritize ethical spending to cultivate a healthy and sustainable lifestyle. As consumers increasingly shift towards plant-based and vegetarian lifestyles, there is a rising demand for plant-derived protein sources. This trend is supported by environmental concerns, animal welfare considerations, and the recognition of the health benefits associated with plant-based diets. Food protein ingredients derived from plants, such as soy, pea, and wheat, are gaining traction, contributing to the overall market growth.
 

Despite growth, the protein ingredients market for food application faces certain restraints. Challenges include the high cost associated with the production and extraction of protein from some sources, limiting their affordability. Additionally, issues related to taste and texture of certain plant-based proteins may pose hurdles to widespread consumer acceptance. Regulatory complexities, particularly in terms of labeling and health claims will also hinder the industry growth to some extent, compelling the players to navigate them strategically for improved returns.
 

COVID-19 Impact

The COVID-19 pandemic impacted the protein ingredients market for food application in various ways. Disruptions in the supply chain, labor shortages, and logistical challenges led to fluctuations in production and distribution. Consumer purchasing patterns shifted during lockdowns, impacting demand for certain product variants. Economic uncertainties influenced spending behaviors, with some consumers prioritizing essential goods over specialty food items. However, the pandemic also highlighted the importance of health and wellness, boosting interest in protein-rich diets. The industry's ability to navigate these challenges and adapt to evolving consumer preferences is shaping its post-pandemic trajectory.
 

Protein Ingredients Market Trends for Food Application

The increasing popularity of plant-based protein sources, driven by a rising demand for sustainable and vegetarian dietary options, will influence the market outlook. In 2022, a Sentient Media article reported a global vegan population of 79 million, reflecting a growing preference for healthier & vegan options. Plant-derived proteins like pea, soy, and hemp are gaining traction as consumers seek healthier and environmentally friendly alternatives to minimize the environmental impact of animal agriculture and oppose animal cruelty.
 

Another notable trend is the surge in demand for functional food protein ingredients that offer health benefits beyond basic nutrition. According to a report published by McKinsey & Company in 2022, approximately 50% of U.S. consumers prioritize wellness in their daily lives, marking a notable increase from 42% in 2020.
 

Ingredients such as collagen peptides, probiotics, and hydrolyzed proteins are gaining prominence as consumers focus on holistic well-being. The integration of protein ingredients into innovative food and beverage formulations, addressing specific health concerns or targeting niche consumer segments. This reflects a broader shift toward personalized nutrition and the recognition of food as a means of proactive health management, redefining the market growth trajectory in the coming years.
 

Protein Ingredients Market for Food Application Analysis

The plant proteins segment is anticipated to register a CAGR of over 6.5% through 2032, owing to the paradigm shift toward veganism and flexitarian diets.
 

• Plant-based proteins are recognized for their cholesterol-free nature and rich nutritional profiles, having essential vitamins, minerals, and antioxidants. This aligns with the health and wellness trend as consumers increasingly seek foods that not only support their dietary preferences but also contribute to overall well-being.
   
• With more people adopting vegetarian and vegan lifestyles, there is increasing consumer preference for plant-based diets, driving the segment growth.  
   

The bakery application of protein ingredients market for food application is expected to witness a CAGR of over 5% till 2032, backed by the premiumization of products, along with flavor enhancement using protein ingredient.
 

• With the increasing disposable income, individuals are ready to explore the premium bakery product line. Addition of functional ingredients in whole grain, less fat, low trans-fat, organic, and multigrain bakery variants enables consumers to choose the premium products to meet their dietary preferences
   
• Protein-enriched bakery products align with dietary trends such as high-protein and low-carb diets, offering a convenient and enjoyable way for consumers to meet their nutritional goals.
   

Europe protein ingredients market size for food application will expand at the rate of over 6.5% between 2023 and 2032, favored by the wider adoption of healthier lifestyles and increased awareness about the benefits of protein-rich diets. Additionally, the rising popularity of plant-based diets and the quest for sustainable food sources have prompted manufacturers to innovate and introduce new varieties.
 

The advancements in technology and food processing methods have enabled the creation of improved and more palatable protein ingredients, catering to varying dietary needs. This convergence of health consciousness, sustainability focus, and technological advancements is responsible for the upward trajectory of the regional market.
 

Protein Ingredients Market Share for Food Application

Archer Daniels Midland Company (ADM), one of the key companies, employs strategic initiatives, such as focus on extensive R&D, introducing innovative protein solutions to meet evolving consumer preferences. The company also engages in strategic partnerships and collaborations to enhance its product portfolio. Sustainable sourcing practices and investments in plant-based protein technologies align with the ongoing trends, while global expansion and acquisitions bolster ADM's presence in key regions. This multifaceted approach is also applied by the other prominent industry players, namely:

• Cargill Inc.
• Kerry Group
• DuPont
• Ingredion Incorporated
• Roquette Frères
• Kemin Industries, Inc.
   

Protein Ingredients Industry News for Food Application

• In May 2023, Archer Daniels (ADM) and Air Protein forged a Strategic Development Agreement to revolutionize sustainable nutrition. The collaboration leverages ADM's expertise and Air Protein's air-based protein tech, aiming to create innovative proteins and decouple production from traditional supply chain risks, advancing a resilient and sustainable future.
   
• In May 2023, Kerry Group acquired Colombian food ingredients company Proexcar S.A.S, a specialist in meat extracts processing since 2009. This strategic move underscores Kerry's commitment to global expansion and diversification in the food ingredients market.
   

The protein ingredients market for food application research report include in-depth coverage of the industry with estimates & forecast in terms of volume in million kilo tons & revenue in USD billion from 2018 to 2032 for the following segments:

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Market, By Product

Animal Protein 

• Meat
• Egg
• Fish
  • Fish Protein Concentrate
  • Fish Protein Isolate
  • Fish Protein Hydrolysate 
• Milk Protein
  • Whey Protein Concentrate
  • Whey Protein Isolate
  • Whey Protein Hydrolysate
  • Casein

Plant Protein

• Wheat
• Soy
  • SoyaProtein Concentrate
  • Soy Protein Isolate
  • Textured Soy Protein
• Pea 
  • Pea Protein Concentrate
  • Pea Protein Isolate
  • Textured Pea Protein
• Rice 
  • Rice Protein Concentrate
  • Rice Protein Isolate
  • Rice Protein Hydrolysate

Market, By Application

• Sports Nutrition
• Clinical Nutrition
• Infant Nutrition
• Bakery
• Fortified Food & Beverages
• Functional Food & Beverages

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE