UK Protein Ingredients Market Size & Outlook, 2023-2030
UK protein ingredients market, 2018-2030 (US$M)
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UK protein ingredients market highlights
- The UK protein ingredients market generated a revenue of USD 3,000.1 million in 2023 and is expected to reach USD 4,492.9 million by 2030.
- The UK market is expected to grow at a CAGR of 5.9% 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 3,000.1 million |
| Market revenue in 2030 | USD 4,492.9 million |
| Growth rate | 5.9% (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, UK accounted for 6.0% 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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UK 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 61.61% in 2023. Horizon Databook has segmented the UK 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.
In the UK, food & beverage product manufacturers are focusing on formulating their products with plant proteins owing to shifting consumer preference toward vegan offerings.
For instance, as per a survey result published by the Nutrition Journal in December 2020, over 50% of surveyed participants in the UK reported the consumption of processed plant-based meat and dairy alternatives at least once a week. Thus, rising demand for alternative proteins is expected to propel the growth of the protein ingredients market in the near future.
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Target buyers of UK 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 UK protein ingredients market , including forecasts for subscribers. This country databook contains high-level insights into UK protein ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK protein ingredients market size, by product, 2018-2030 (US$M)
UK Protein Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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