Global Food Protein Ingredient Market is estimated to be US$ 244.74 billion by 2030 with a CAGR of 10.40% during the for

Global Food Protein Ingredient Market accounted for US$ 42.5 billion in 2020 and is estimated to be US$ 244.74 billion by 2030 and is anticipated to register a CAGR of 10.40%. Protein is an important factor of a healthy diet, it is made up of chemical ‘building blocks’ called amino acids. The body uses amino acids to build and repair muscles, bones, and to make hormones and enzymes. They can use as an energy source. Protein is important to keep the body functioning well. Protein from foods comes from plant and animal sources like meat, fish, eggs, seeds, rice, pasta, barley, whole-grain breads, milk, cheese, soy beverages, etc. Plant-based ingredients are manufactured from crops, canola, wheat, including soy, and pea.

The report " Global Food Protein Ingredient Market, By Type (Animal Protein and Plant Protein), By Application (Sports nutrition, Clinical Nutrition, Infant Nutrition, Functional Food Beverages, and Fortified Food Beverages), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East Africa) - Market Trends, Analysis, and Forecast till 2030”

Key Highlights:

On 10 January 2021, Arla Foods Ingredients launched protein bar solution, which is a new concept to help manufacturers solve issues surrounding the use of a soft nut butter base in protein bars.
Cargill and Procter Gamble collaborated to introduce nature-powdered innovation, fueling the future for more powerful products in May 2020.
In October 2019, Cargill declared plans to invest USD 225 million at a facility in Sydney, Ohio, to better serve area farmers and meet the increasing demand for protein and refined oils.
In November 2017, ADM increased its ingredient portfolio with the launch of Nutriance, a range of wheat protein concentrates having importance in sports and geriatric nutrition.
ADM started a new technical innovation center in Shanghai for flavor and ingredient creation in August 2018.

Analyst View:

Growing in health care awareness has led the consumer to shift their focus toward healthy and nutritional diets. Increase their protein consumption to get extra nutrients from protein supplements prepared using protein ingredients, thereby increasing growth of the food protein ingredient market. Egg and wheat proteins are mostly consumed as an animal protein supplement, which is anticipated to drive the food protein ingredients market. The market is gaining momentum and witnessing a huge demand owing to increase demand for food products, like margarine, bakery products, cold cuts, yogurt, milk sausages, spreads, which are produced using protein ingredients. In addition, an increase in the innovation of several proteins by various manufactures that constitute a wide range of amino acids and perform specific functions, like muscle repair, weight loss, and energy balance, is anticipated to have immense growth opportunities for the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Food Protein Ingredient Market, By Type (Animal Protein and Plant Protein), By Application (Sports nutrition, Clinical Nutrition, Infant Nutrition, Functional Food Beverages, and Fortified Food Beverages), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East Africa) - Market Trends, Analysis, and Forecast till 2030”

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Key Market Insights from the report:

Global Food Protein Ingredient Market accounted for US$ 42.5 billion in 2020 and is estimated to be US$ 244.74 billion by 2030 and is anticipated to register a CAGR of 10.40%. The Global Food Protein Ingredient Market is segmented by Type, Application, and Region.

By Type, Global Food Protein Ingredient Market is segmented into Animal Protein and Plant Protein.
By Application, Global Food Protein Ingredient Market is segmented into Sports nutrition, Clinical Nutrition, Infant Nutrition, Functional Food Beverages, and Fortified Food Beverages.
By Region, Global Food Protein Ingredient Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Competitive Landscape:

The key operators of the Global Food Protein Ingredient Market are DuPont Solae, Archer Daniels Midland (ADM), Cargill Inc., Bunge Ltd., Mead Johnson Nutrition Company, CHS, The Scouler Company, Roquette, Burcon NutraScience Corporation, MGP Ingredients# Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on RD strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered