Global Protein Ingredients Market Size & Outlook
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, India 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 2024 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, India is the fastest growing regional market and is projected to reach USD 4,291.7 million by 2030.
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Protein Ingredients Market Scope
Protein Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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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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 size, by regions, 2018-2030 (US$M)
Top 10 countries: Protein ingredients market size, 2023 (US$M)
Global Protein Ingredients Market Outlook Share, 2023 & 2030 (US$M)
Protein ingredients market: Opportunity assessment by country
Global protein ingredients market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 15,906.1 | 16,618.4 | 16,338.9 | 17,221.3 | 17,971.2 | 18,785.2 | 19,663.6 | 20,611.0 | 21,628.1 | 22,717.8 | 23,886.4 | 25,133.0 | 26,461.1 | 5.0% |
| Europe | 12,942.0 | 13,594.9 | 13,439.1 | 14,242.3 | 14,943.5 | 15,705.9 | 16,531.6 | 17,422.9 | 18,383.5 | 19,417.8 | 20,528.9 | 21,720.0 | 22,995.9 | 5.6% |
| Asia Pacific | 9,007.1 | 9,518.6 | 9,465.6 | 10,089.9 | 10,649.1 | 11,257.4 | 11,916.6 | 12,631.1 | 13,402.6 | 14,235.3 | 15,133.5 | 16,099.7 | 17,138.2 | 6.2% |
| Latin America | 2,167.1 | 2,257.1 | 2,212.0 | 2,323.4 | 2,416.0 | 2,517.3 | 2,625.8 | 2,742.9 | 2,867.9 | 3,001.9 | 3,144.5 | 3,296.9 | 3,457.9 | 4.6% |
| MEA | 1,593.8 | 1,655.1 | 1,616.6 | 1,692.8 | 1,755.0 | 1,822.8 | 1,894.9 | 1,972.2 | 2,055.5 | 2,143.9 | 2,238.1 | 2,337.9 | 2,442.8 | 4.3% |
| Overall | 41,616.1 | 43,644.1 | 43,072.2 | 45,569.7 | 47,734.8 | 50,088.6 | 52,632.5 | 55,380.1 | 58,337.6 | 61,516.7 | 64,931.4 | 68,587.5 | 72,495.9 | 5.4% |
Related regional statistics
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