Global Protein Ingredients Market Size & Outlook
The protein ingredients industry worldwide is expected to reach a projected revenue of US$ 72,495.7 million by 2030. A compound annual growth rate of 5.4% is expected of the worldwide protein ingredients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$50,088.6
Forecast, 2030 (US$M)
$72,495.9
CAGR, 2024 - 2030
5.4%
Report Coverage
Worldwide
Global protein ingredients market, 2018-2030 (US$M)
Related Markets
Global protein ingredients market highlights
- The global protein ingredients market generated a revenue of USD 50,088.6 million in 2023 and is expected to reach USD 72,495.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.4% by 2030.
- In terms of segment, animal/dairy protein accounted for a revenue of USD 34,800.6 million in 2023.
- Insect Protein is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 50,088.6 million |
| Market revenue in 2030 | USD 72,495.9 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Animal/dairy protein |
| Fastest growing segment | Insect Protein |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plant Protein, Animal/Dairy Protein, Microbe-based Protein, Insect Protein |
Other key industry trends
- In terms of revenue, the North America accounted for 37.5% of the global protein ingredients market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,873.2 million by 2030.
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Protein Ingredients Market Scope
Protein ingredients market segmentation & scope
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Protein Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global protein ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein ingredients market will help companies and investors design strategic landscapes.
animal/dairy protein was the largest segment with a revenue share of 69.48% in 2023. Horizon Databook has segmented the Global protein ingredients market based on plant protein, animal/dairy protein, microbe-based protein, insect protein covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Protein Ingredients Product Outlook (Revenue, USD Million, 2018-2030)
- Plant Protein
- Cereals
- Wheat
- Wheat Protein Concentrates
- Wheat Protein Isolates
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- HMEC/HMMA Wheat Protein
- Rice
- Rice Protein Isolates
- Rice Protein Concentrates
- Hydrolyzed Rice Protein
- Others
- Oats
- Oat Protein Concentrates
- Oat Protein Isolates
- Hydrolyzed Oat Protein
- Others
- Wheat
- Legumes
- Soy
- Soy Protein Concentrates
- Soy Protein Isolates
- Textured Soy Protein
- Hydrolyzed Soy Protein
- HMEC/HMMA Soy Protein
- Pea
- Pea Protein Concentrates
- Pea Protein Isolates
- Textured Pea Protein
- Hydrolyzed Pea Protein
- HMEC/HMMA Pea Protein
- Lupine
- Chickpea
- Others
- Soy
- Roots
- Potato
- Potato Protein Concentrate
- Potato Protein Isolate
- Maca
- Others
- Potato
- Ancient Grains
- Hemp
- Quinoa
- Sorghum
- Amaranth
- Chia
- Others
- Nuts & Seeds
- Canola
- Almond
- Flaxseeds
- Others
- Cereals
- Animal/Dairy Protein
- Egg Protein
- Milk Protein Concentrates/Isolates
- Whey Protein Concentrates
- Whey Protein Hydrolysates
- Whey Protein Isolates
- Gelatin
- Casein/Caseinates
- Collagen Peptides
- Microbe-based Protein
- Algae
- Bacteria
- Yeast
- Fungi
- Insect Protein
- Coleoptera
- Lepidoptera
- Hymnoptera
- Orthoptera
- Hemiptera
- Diptera
- Others
- Plant Protein
- Global Protein Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Bakery & Confectionary
- Beverages (Non-Dairy Alternatives)
- Breakfast Cereals
- Dairy Alternatives
- Beverages
- Cheese
- Snacks
- Others
- Dietary Supplements/Weight Management
- Meat Alternatives & Extenders
- Poultry
- Beef
- Pork
- Others
- Snacks (Non-Dairy Alternatives)
- Sports Nutrition
- Others
- Infant Formulations
- Clinical Nutrition
- Animal Feed
- Others
- Food & Beverages
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Target buyers of Global protein ingredients market databook
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Our clientele includes a mix of protein ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global protein ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global protein ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global protein ingredients market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Protein ingredients market size, 2023 (USD Million)
Top 10 countries: Protein ingredients market size, 2023 (USD Million)
Global protein ingredients market, by region, 2023 (US$M)
Related regional statistics
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