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The global protein ingredient market size accounted for USD 85,889 million in 2024 and is expected to exceed around USD 1,65,825 million by 2034, growing at a CAGR of 6.8% from 2024 to 2034.
Protein ingredients find applications in food and beverages, nutritional supplements, animal feed, and infant formula. The market has been experiencing significant growth due to the rising health-consciousness among consumers. As consumers become more health-conscious, the demand for protein-rich foods and supplements that support fitness increases. Moreover, rising awareness of the health benefits of protein encourages consumers to incorporate protein ingredients into their regular diet. The benefits of having an adequate amount of protein include:
The protein ingredients market is expected to expand at the fastest rate in the coming years due to the rising instances of chronic diseases worldwide and the increasing concerns about obesity. The demand for animal protein is rising among consumers looking to maintain a healthy lifestyle, as it is considered a complete source of protein and essential amino acids, which are essential for the human body. Moreover, with the growing shift toward plant-based products, there is a high demand for plant-based protein ingredients. The rising demand for sports nutrition among fitness enthusiasts and athletes positively impacts the market.
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Stats ID: | 7637 |
Format: | Databook |
Published: | January 2025 |
Delivery: | Immediate |
Stats ID: | 7637 |
Format: | Databook |
Published: | January 2025 |
Delivery: | Immediate |
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