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Protein Ingredients Market Share

Report ID: GMI2473
Published Date: Dec 2023
Report Format: PDF

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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.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of protein ingredients market for food application is poised to witness 7.5% CAGR from 2023 to 2032, owing to the rising demand for protein-rich diets, driven by increased health consciousness and a growing focus on fitness.

The bakery application segment is set to grow at 5% CAGR through 2032, backed by the premiumization of products, along with flavor enhancement using protein ingredients.

Europe market size will record more than 6.5% CAGR between 2023 and 2032, favored by the wider adoption of healthier lifestyles and increased awareness about the benefits of protein-rich diets.

ADM, Cargill Inc., Kerry Group, DuPont, Ingredion Incorporated, Roquette Fr