Protein Ingredients Market Applications, Types and Market Analysis to 2025

Protein Ingredients Market Applications, Types and
Market Analysis to 2025
Protein Ingredients Market Report provides in-depth analysis of industry by
production, share, size, demand, economic trends, investment feasibility,
major key players, SWOT analysis and forecast.
Industry Insights
The Global Protein Ingredients Market was estimated at around 23.98 billion in 2015. The rising
awareness about the product’s health benefits, supported by strong scientific evidence, is anticipated
to drive the growth of this market during the forecast period. In addition, rising awareness regarding
dietary supplements is expected to play a key role in the growth of this market during the forecast
period.
The human body requires amino acids for the healing of cells; however, it is not capable of producing
these important amino acids. Hence, there is an increasing need to consume them externally through
diet. These amino acids can be obtained from plants and animals.
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The rising demand for the product from the food & beverage, animal feed, cosmetics, and personal
care industries is expected to augment the growth of this industry during the forecast period.
The animal-based products are extracted from milk products, fish, egg, and meat, and plant-based
products are obtained from canola oil, soy, rice, pulses, and wheat. Depending on the type of
extraction technique, the proteins extracted from milk and soy can be segmented into isolates,
hydrolysates, and concentrates.
The key restraint that could impact the growth of the industry is the price volatility of raw materials.
The fluctuating prices of soybean may create imbalances in the supply-demand equilibrium of the
grains.
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Application Insights
The food and beverages segment is expected to be the fastest-growing segment, growing at a CAGR
of around 6%. In addition, this segment also dominated the overall industry revenues in 2015,
accounting for a share of nearly 50%. This dominance and growth are expected to continue owing to
the growth of pharmaceutical and cosmetics industries in the Asia-Pacific region, notably in
economies such as India, China, and Japan.
Infant formulations, which are derived using soybean or milk, are expected to account for the second
largest market share by volume, mainly on account of the heightened awareness among parents
regarding benefits of the product for the growth of infants. This segment is expected to account for
over 15% of the global demand during the forecast period.
Product insights
The soy protein concentrates segment accounted for highest consumption, valued at over 30% of the
overall global demand, in 2015. The major reason for the high consumption is the presence of low
cholesterol and saturated fats in these products.

The soy protein isolates segment accounted for the second largest share, with a share of 15% of the
overall demand in 2015. These products are primarily used in the processing of meat products and
food & beverage industries,comprising 90% protein content.
Among animal-based products, the whey protein segment accounted for the second-largest share of
the consumption volume, accounting for over 15%.
Regional insights
North America recorded the highest regional demand of over 35% for the product in 2015. This high
share can be attributed to the increasing demand from the pharmaceuticals, food & beverages, and
cosmetics industries, coupled with increasing awareness about the health benefits of the products
among consumers.
The U.S. market for the product is expected to grow on account of the rising consumption of energy
bars, cold cereals, and snacks. Moreover, this trend is expected to continue during the forecast years
owing to the changing lifestyles and rising demand for ready-to-eat snacks and supplementary diets.
The economic development and rise in demand for healthier food in the Asia Pacific region,
particularly in China, India, South Korea, and South East Asian countries, are expected to fuel the
product demand during the forecast period. The low cost of manufacturing, along with the growth of
the healthcare, personal care, and food & beverages industries, is expected to drive the growth of the
industry in the region, at a CAGR of over 7%.
Competitive insights
The industry is highly competitive, with the presence of a large number of manufacturers across the
globe. The industry is dominated by two key participants, namely, ADM and Cargill, Inc., followed by
DuPont, Bunge, and Mead Johnson.
Most players in this industry have adopted strategies such as new product developments and capacity
expansions, particularly in Asia Pacific region, in order to obtain a competitive edge over their
competitors.
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