Protein Ingredients Market Analysis Size And Forecast Report 2024-2030
Protein Ingredients Market Analysis Size And Forecast Report 2024-2030
Blog Article
Global Protein Ingredients Market Analysis
The global protein ingredients market was valued at US$ 47.50 billion in 2023 and is expected to surpass US$ 74.12 billion by 2030, growing at a CAGR of 6.56% from 2024 to 2030, according to Renub Research.
Proteins are large, complex molecules that are fundamental to many biological functions. Composed of amino acids linked in chains, they are essential for the structure, function, and regulation of the body’s tissues and organs. Dietary protein is necessary for maintaining good health, with various foods like dairy, meat, nuts, fruits, and vegetables being rich sources of protein. The daily requirement for an average person ranges from 65 to 75 grams, though it varies depending on individual needs based on lifestyle and physical condition.
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Global Protein Ingredients Market Trends
- Rise in Active Lifestyle and Physical Activity
The global fitness and wellness sector is expanding rapidly, with increasing physical activity among people. Exercise enthusiasts, athletes, and gym-goers recognize the importance of protein for muscle repair and growth, driving demand for protein-rich products such as shakes, bars, and supplements. As a result, the market for protein ingredients is growing steadily.
The International Society of Sports Nutrition recommends a protein intake of 1.4 to 2.0 g/kg/day for active individuals. According to the latest Active Lives Adult Survey (2022-2023), 63.4% of adults engaged in at least 150 minutes of moderate-intensity physical activity per week, underscoring the growing focus on fitness.
- Health Benefits of Protein
Protein’s health benefits are widely recognized, making it a cornerstone in nutrition. High-protein diets are linked to weight management, reduced cravings, and enhanced satiety, which are important for overall well-being. According to research published by PubMed, increasing protein intake reduces daily calorie consumption and curbs late-night snacking. These benefits are fueling the market’s expansion.
A 2023 NCBI report confirmed that diets with higher protein content, constituting at least 18% of caloric intake, showed no adverse cardiovascular effects, further solidifying protein's role in a healthy diet.
- Government Initiatives
Governments worldwide are supporting the growth of alternative proteins to address concerns about climate change, food security, and animal welfare. For instance, Denmark’s DKK 675 million investment into plant-based protein production aims to meet climate goals, while copyright has pledged over CAD 171 million to support the development of plant-based proteins. These initiatives are pivotal in the increasing demand for protein ingredients globally.
United States Protein Ingredients Market
The United States is projected to dominate the protein ingredients market, driven by a growing focus on physical fitness and the rise of plant-based and cultivated meat substitutes. According to the Sports & Fitness Industry Association, 242 million Americans participated in physical activities in 2023, boosting the demand for protein supplements.
Additionally, plant-based proteins like plant-based eggs have witnessed rapid growth, with a 17% increase in US menus over the past year. The market's growth is further supported by substantial research funding from organizations like the National Science Foundation and the USDA National Institute of Food and Agriculture, totaling millions of dollars for the development of cultivated meat technologies.
Germany Protein Ingredients Market
Germany is a major player in the European protein ingredients market, benefiting from its focus on clean-label and sustainable products. The country has seen increasing demand for plant-based proteins like peas and oats, which are popular among vegan and vegetarian consumers. Technological advancements in protein extraction, along with substantial investments in research, are fueling market growth.
China Protein Ingredients Market
The protein ingredients market in China is growing dynamically, driven by rising disposable income, urbanization, and a shift towards health-conscious diets. Protein-rich foods, including soy and collagen proteins, are gaining traction, supported by government investments in local protein production. The country’s large population and evolving dietary preferences are key drivers of this growth.
Brazil Protein Ingredients Market
In Brazil, the protein ingredients market is thriving due to the country’s strong agricultural sector, particularly in soy and livestock production. Consumer interest in sustainable, plant-based diets is driving the demand for alternative protein products. Additionally, Brazil’s protein exports further bolster its position in the global market.
South Africa Protein Ingredients Market
In South Africa, the protein ingredients market is evolving as urbanization and health consciousness rise. The demand for soy and pea proteins is growing, particularly among consumers looking for affordable, plant-based protein sources. Government initiatives to enhance agricultural output and local production are helping to sustain the market’s growth.
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Industry News
Key players in the protein ingredients market include Archer Daniels Midland Co., DuPont de Nemours, Inc., MGP Ingredients, Kerry Group plc, and Glanbia Plc.
- Archer Daniels Midland Co. has been active in expanding its protein capabilities, acquiring FDL and investing in an innovation center for alternative proteins.
- MGP Ingredients introduced Proterra® Crumbles, a plant-based protein product for foodservice.
- Kerry Group partnered with Unigrain to develop plant-based dairy substitutes.
- Glanbia Plc expanded its portfolio with new ingredients focused on strength, energy, and recovery for sports nutrition.
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