Whey Finance

Protein Ingredients Market Expected to Grow by USD 25.76 Billion, 37% of Market Growth to Come from Europe

NEW YORK, October 27, 2022 /PRNewswire/ — The protein ingredients market the size should increase by $25.76 billion from 2021 to 2026, according to Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 9.66% during the forecast period. The growing infant formula market is driving the growth of the protein ingredients market. However, the highly fragmented nature of the market is hampering the growth of the soybean meal market.

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Technavio has announced its latest market research report titled Global Protein Ingredients Market 2022-2026

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Protein Ingredients Market Source Outlook (Revenue, USD Billion, 2021-2026)

Geographical Outlook of the Protein Ingredients Market (Revenue, USD Billion, 2021-2026)

  • Europe – size and forecast 2021-2026

  • North America – size and forecast 2021-2026

  • APAC – size and forecast 2021-2026

  • South America – size and forecast 2021-2026

  • Middle East and Africa – size and forecast 2021-2026

Discover the contribution of each segment summarized in concise infographics and detailed descriptions. See a sample FREE PDF report

Regional analysis

Europe will account for 37% of market growth over the forecast period. Rising demand for highly nutritional products such as sports nutrition products and functional foods will facilitate the growth of the protein ingredients market in Europe over the forecast period. The sports nutrition market in Europe is expected to grow at a CAGR of over 3% during the forecast period. The market is also influenced by other factors such as increasing disposable income, an increasingly health-conscious population, and the development of new products in the market. UK, Germanyand France are the main markets for protein ingredients in Europe.

Explore insights by country and region in this report. Buy now to access detailed regional information

Top Protein Ingredient Companies and Their Offerings:

Archer Daniels Midland Co., Axiom Foods Inc., Burcon NutraScience Corp., Cargill Inc., CHS Inc., Darling Ingredients Inc., Farbest-Tallman Foods Corp., Fonterra Co-Operative Group Ltd, Igenza, Kewpie Corp., Mead Johnson and Co. LLC, Perfect Day Inc., Proeon, Protera, Roquette Frères SA, Rousselot (M) SDN. BHD., Sotexpro, The Peterson Company, Victory Hemp Foods, Ynsect SAS, DuPont de Nemours Inc. among others are the major players in the market. The offerings of some of these providers are listed below:

  • Archer Daniels Midland Co.- The Company offers Animal Nutrition which provides innovative ingredient solutions and services to optimize performance, profitability and efficiency opportunities for animal feed, aquaculture and pet food producers.

  • Axiom Foods Inc. – The company offers protein solutions such as plant-based, vegan, kosher, etc. ideal for breakfast, snacks, vegetarian, low glycemic, weight control and sports nutrition, and beverages.

  • Burcon NutraScience Corp. – The company offers CLARISOY which is a high quality plant-based dairy alternative that offers greater cost stability and comparable nutrition.

  • Cargil Inc. – The company offers Crave House, a plant-based protein that has consistent flavor, texture and performance.

  • CHS inc. – The company offers high protein soy isolates that have a wide range of applications such as dietary supplements, dairy-based beverages and others.

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Related reports:

Whey Protein Ingredients Market by Product and Geography – Forecast and Analysis 2020-2024: Whey Protein Ingredients market size has the potential to grow by $3.33 billion during the period 2020-2024, and the growth momentum of the market will accelerate during the forecast period due to the steady increase in year-on-year growth.

Wheat Protein Market by Type and Geography – Forecast and Analysis 2022-2026: Wheat Protein Market share is expected to grow USD 951.18 million from 2021 to 2026, and market growth momentum will accelerate during of the forecast period due to the steady increase in year-on-year growth.

Protein Ingredients Market Scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 9.66%

Market Growth 2022-2026

$25.76 billion

Market structure

Fragmented

Annual growth (%)

9:35 a.m.

Regional analysis

Europe, North America, APAC, South America, Middle East and Africa

Successful market contribution

Europe at 37%

Main consumer countries

United States, China, Japan, United Kingdom, Germany and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Archer Daniels Midland Co., Axiom Foods Inc., Burcon NutraScience Corp., Cargill Inc., CHS Inc., Darling Ingredients Inc., Farbest-Tallman Foods Corp., Fonterra Co-Operative Group Ltd, Igenza, Kewpie Corp., Mead Johnson and Co. LLC, Perfect Day Inc., Proeon, Protera, Roquette Frères SA, Rousselot (M) SDN. BHD., Sotexpro, The Peterson Company, Victory Hemp Foods, Ynsect SAS and DuPont de Nemours Inc.

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Source

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Technavio

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

contacts

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

(PRNewsfoto/Technavio)

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