Germany Protein Ingredients Market Size & Outlook
Germany protein ingredients market, 2018-2030 (US$M)
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Germany protein ingredients market highlights
- The Germany protein ingredients market generated a revenue of USD 3,676.4 million in 2023 and is expected to reach USD 5,746.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, animal/dairy protein was the largest revenue generating product in 2023.
- Insect Protein is the most lucrative product segment registering the fastest growth during the forecast period.
Protein ingredients market data book summary
| Market revenue in 2023 | USD 3,676.4 million |
| Market revenue in 2030 | USD 5,746.7 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Animal/dairy protein |
| Fastest growing segment | Insect Protein |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plant Protein, Animal/Dairy Protein, Microbe-based Protein, Insect Protein |
| Key market players worldwide | DuPont de Nemours Inc, Archer-Daniels Midland Co, Burcon NutraScience Corp, Tessenderlo Group NV, Kewpie Corp, The Scoular Company, CHS Inc Pref Share, Reckitt Benckiser Group PLC, Suedzucker AG, Bunge Global SA, Cargill, Ingredion Inc, Kerry Group PLC Class A, Givaudan SA, Tate & Lyle PLC, Puris, Koninklijke DSM NV, Glanbia PLC, NutriPea, Nagase & Co Ltd |
Other key industry trends
- In terms of revenue, Germany accounted for 7.3% of the global protein ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany protein ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 5,746.7 million by 2030.
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Protein Ingredients Market Scope
Protein Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 66.67% in 2023. Horizon Databook has segmented the Germany 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.
Germany dominated the food & beverages industry in Europe in the recent past contributing to soaring demand for proteins from food & beverage manufacturers. The country accounted to be the leading producer of meat and dairy products.
In addition, the rise in the geriatric population in the country has spurred the demand for functional foods and dietary supplements to prevent diabetes, obesity, high blood pressure, and cholesterol. For instance, as per a survey result published by the journal of Nutrients in May 2021, about 52.4% of surveyed children and adolescents reported the use of dietary supplements in Germany.
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Target buyers of Germany 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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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 country-level data and insights on the Germany protein ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Germany protein ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany protein ingredients market size, by product, 2018-2030 (US$M)
Germany Protein Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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