U.S. Protein Ingredients Market Size & Outlook, 2023-2030
U.S. protein ingredients market, 2018-2030 (US$M)
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U.S. protein ingredients market highlights
- The U.S. protein ingredients market generated a revenue of USD 14,549.9 million in 2023 and is expected to reach USD 20,398.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.9% 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 14,549.9 million |
| Market revenue in 2030 | USD 20,398.9 million |
| Growth rate | 4.9% (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, U.S. accounted for 29.0% 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 North America, U.S. protein ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 4,188.5 million by 2030.
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Protein Ingredients Market Scope
Protein Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 69.31% in 2023. Horizon Databook has segmented the U.S. 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.
The U.S. protein ingredients market is driven by the emerging trend of protein diet among consumers. The consumption of protein shakes, protein bars, and protein-based dietary supplements such as collagen pills has been rising among the U.S. population.
This can be attributed to the health benefits of protein-rich foods & supplements such as weight management, strengthening muscle mass, and revitalizing skin. As per the 2021 survey of the International Food Information Council, nearly 62% of the survey respondents in the U.S. stated that they try to consume protein in their diets.
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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 country-level data and insights on the U.S. protein ingredients market , including forecasts for subscribers. This country databook contains high-level insights into U.S. protein ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. protein ingredients market size, by product, 2018-2030 (US$M)
U.S. Protein Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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