Protein extracts from various sources, including animal and plant sources, are what protein components are really made of. A variety of food products are prepared with the dietary element protein. It possesses a wide range of bioactivities and functions that are useful for processing food goods.
The expansion of the protein ingredients market is being fueled by consumers' shifting priorities toward nutritious and healthy meals and an increase in protein consumption to obtain additional nutrients from protein supplements made with protein ingredients. The market for protein components is anticipated to grow as a result of the widespread consumption of whey and egg proteins as animal protein supplements.
Segmental analysis of the market
Based on Product
Plant
- Cereal-Based
- Legumes Based
- Root-Based
- Nuts and Seeds-Based
- Ancient Grains
Animal or Dairy Products
- Egg Protein
- Milk Protein Concentrates or Isolates
- Whey Protein Concentrates
- Whey Protein Hydrolysates
- Galtin
- Casein or Caseinates
- Others
Microbe-Based Proteins
- Algae
- Bacteria
- Yeast
- Fungi
Insect Proteins
- Coleoptera
- Lepidoptera
- Hymenoptera
- Orthoptera
- Hemiptera
The animal segment has the largest market share. This is because of its better nutritional profile than plant protein and also it has more usage in a larger number of end-use applications.
Based on form
- Dry
- Liquid
The dry form is dominating the protein ingredient market. This is because it is largely preferred by many end-use applications and manufacturers. Also, it has a longer shelf life as compared to the liquid form.
Based on Application
- Food and Beverages
- Bakery and Confectionery
- Beverages
- Breakfast Cereals
- Diary Alternatives
- Dietary Supplements or Weight Management
- Infant Forumlations
- Clinical Nutrition
- Cosmetics and Personal care
- Animal Feed
- Others
The food and beverages segment has dominated the market, globally. This is because of the rise in number of health- conscious consumers as protein is highly nutritious.
Geographical Analysis of Global Protein Ingredients Market:
The Global Protein Ingredient market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America and middle East and Africa.
North America is the leading region in the protein ingredient market. This is because of the increasing number of consumers in the U.S. who have adopted a healthy lifestyle or indulged in activities that promote an active and healthy lifestyle.
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Top Key Players:-
- ADM
- DuPont
- Arla Foods
- Rousselot
- Gelita AG
- AGRANA
- AMCO Proteins
- Hilmar Ingredients
- Archer Daniels Midland Company
- Burcon
- Kerry Group
- Omega Protein Corporation
- Friesland
- Axiom Foods
- Mead Johnson Nutrition Company
- Fonterra Co-operative Group
- Kewpie Corporation
- Bunge Limited
- Glanbia PLC
- Tessenderlo Group
- Foodchem International Corporation
- Roquette Frères
- AB Ingredients
- Reliance Private Label Supplements
- The Scoular Company
- MGP Ingredients
- CHS Inc
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