PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627650
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627650
The protein ingredients market is evaluated at US$64.719 billion for 2025, growing at a CAGR of 7.31%, reaching a market size of US$92.102 billion by 2030.
The market for protein ingredients is projected to grow significantly, primarily due to the growing awareness about a healthy and nutritious diet, leading to increased consumption of functional foods and beverages. Increased dietary supplement consumption due to their health benefits is projected to drive the demand for protein ingredients positively. Moreover, the wide applications of protein ingredients and the manufacturing of superior personal care and cosmetic products, coupled with the promising growth of the cosmetics industry, are the additional factors for the protein ingredients market's expansion.
The growing participation by food companies in the R&D investments for the launch of new and enhanced foods with high protein content further expands the business growth opportunities. The market is also expected to grow significantly due to the growing consumption of plant-based protein products. Hence, growth in the vegan population globally will further supplement the demand for plant-based protein ingredients until the end of the forecast period. The protein ingredients market has been segmented based on source, application, and geography.
According to the World Integrated Trade Solution (WITS), the top importers of Protein concentrates and textured protein substances are the European Union, United States, Canada, Netherlands, and the United Kingdom.
Protein ingredients market drivers
By source, the protein ingredients market has been classified into plant and animal. The plant-based segment is anticipated to grow notably until the end of the forecast period. The growing vegan population, coupled with changing perceptions regarding the safety of animals, are some of the key factors supplementing this segment's growth. Moreover, new products such as Burcon's novel canola and pea proteins is a protein blend with plant-based nutrition, clean flavor, neutral aroma, and high protein purity, giving dairy alternative and meat substitute applications. Further, the ability of plant-based proteins to offer similar nutritious values to animal-based ingredients is also a key factor supporting the growth of this segment.
By geography, the protein ingredients market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.
Asia Pacific region is expected to grow significantly. The key factors bolstering regional growth include the rising focus of the people on healthy diets, the growing middle-class population, and the increasing purchasing power of the people. Pea protein-based products, soy-based meat alternatives, mushroom-based products, and legume-based products are significantly growing in the region.
North American region is expected to hold a significant market share due to the presence of a greater proportion of the health-savvy population in countries like the United States and Canada. Moreover, the presence of key players in the market in the region further supplements the share during the forecast period.
Reasons for buying this report:-
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence