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Protein Ingredients Market Analysis

  • Report ID: GMI2473
  • Published Date: Dec 2023
  • Report Format: PDF

Protein Ingredients Market for Food Application Analysis

The plant proteins segment is anticipated to register a CAGR of over 6.5% through 2032, owing to the paradigm shift toward veganism and flexitarian diets.
 

  • Plant-based proteins are recognized for their cholesterol-free nature and rich nutritional profiles, having essential vitamins, minerals, and antioxidants. This aligns with the health and wellness trend as consumers increasingly seek foods that not only support their dietary preferences but also contribute to overall well-being.
     
  • With more people adopting vegetarian and vegan lifestyles, there is increasing consumer preference for plant-based diets, driving the segment growth.  
     

The bakery application of protein ingredients market for food application is expected to witness a CAGR of over 5% till 2032, backed by the premiumization of products, along with flavor enhancement using protein ingredient.
 

  • With the increasing disposable income, individuals are ready to explore the premium bakery product line. Addition of functional ingredients in whole grain, less fat, low trans-fat, organic, and multigrain bakery variants enables consumers to choose the premium products to meet their dietary preferences
     
  • Protein-enriched bakery products align with dietary trends such as high-protein and low-carb diets, offering a convenient and enjoyable way for consumers to meet their nutritional goals.
     

Europe protein ingredients market size for food application will expand at the rate of over 6.5% between 2023 and 2032, favored by the wider adoption of healthier lifestyles and increased awareness about the benefits of protein-rich diets. Additionally, the rising popularity of plant-based diets and the quest for sustainable food sources have prompted manufacturers to innovate and introduce new varieties.
 

The advancements in technology and food processing methods have enabled the creation of improved and more palatable protein ingredients, catering to varying dietary needs. This convergence of health consciousness, sustainability focus, and technological advancements is responsible for the upward trajectory of the regional market.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of protein ingredients market for food application is poised to witness 7.5% CAGR from 2023 to 2032, owing to the rising demand for protein-rich diets, driven by increased health consciousness and a growing focus on fitness.

The bakery application segment is set to grow at 5% CAGR through 2032, backed by the premiumization of products, along with flavor enhancement using protein ingredients.

Europe market size will record more than 6.5% CAGR between 2023 and 2032, favored by the wider adoption of healthier lifestyles and increased awareness about the benefits of protein-rich diets.

ADM, Cargill Inc., Kerry Group, DuPont, Ingredion Incorporated, Roquette Frères, Kemin Industries, Inc.

Protein Ingredients Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 733
  • Countries covered: 17
  • Pages: 465
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