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Plant-Based Milk Market 2022| Future Outlook by Key Players, Size, Share and Forecast 2022-2030 By R&I

A report titled “Plant-Based Milk Market: Opportunity Analysis and Future Assessment 2022-2030” has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data. 

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Plant-Based Milk Introduction

Plant based milk can be understood as a kind of plant beverage with a color similar to that of milk. Plant based milks are basically non-dairy beverages developed from a water-based plant extract for aroma and flavoring. Plant based milks are consumed as replacements to milk, and by and large offer a milky and buttery mouthfeel. There are roughly around 17 various kinds of plant milks; among which oat, almond, coconut, and soy are the biggest-selling all around the world. It is significant to note that plant-based beverages have been used up for centuries, with the name "milk-like plant juices", since the 13th century. In present times, they are oftentimes pertained to as alternative milk, plant-based milk, non-dairy milk or vegan milk.

Attributing to its higher nutritional values and rich in minerals, vitamins, proteins and carbohydrates, plant-based milk is broadly recognized among consumers. It has several different applications in the dairy industry, food and beverage, and cosmetic industry. By virtue of rising awareness with regard to plant milk and its nutritional values among the consumers, the global plant-based milk market is projected to grow significantly in the following years.

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Plant-Based Milk Market Segmentation

The global plant-based milk market is segmented on the basis of category, form, source, product type, flavor type, end use, and region.

By Category

Organic

Conventional

By Form

Liquid

Powder

By Source

Fruits

Rice

Nuts

Soy

Others

By Product Type

Soy Milk

Almond Milk

Coconut milk

Cashew Milk

Hemp Seed Milk

Rice Milk

Oat Milk

Peanut Milk

Pea Milk

Hazelnut Milk

Macadamia Milk

Flax Milk

Walnut

Other Product Types (Spelt Milk, Banana, etc.)

By Flavor Type

Original/Unflavored

Flavoured

Chocolate

Vanilla

Strawberry

Coconut

Mocha

Berry

Hazelnut

Other

By End-Use

Infant Formula

Dairy Products

Milk

Cheese

Yogurt

Butter

Spreads

Ice Cream

Frozen Dessert

Bakery & Confectionary

Milk & Milk-based Beverages

Retail Sales

By Sales Channel

Direct Sales

Indirect Sales

Modern Trade

Convenience Store

Departmental Store

Traditional Store

Specialty Store

Online Retailers

Other Sales Channel

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Plant-Based Milk Market Key Players

Some of the key participating players in global Plant-Based Milk market are:

Groupe Danone

Alpina Foods

Blue Diamond Growers, Inc.

Döhler GmbH

Earth’s Own Food Company Inc

Elden Foods Inc

Freedom Foods Group Ltd

Goya Foods

Hain Celestial Group, Inc

Kaslink Foods Oy Ltd

Living Harvest Foods Inc

Liwayway Holdings Company Limited

Mc Cormick & Co.

Natura Foods

Nutriops SL

Organic Valley.

Pacific Foods of Oregon, Inc.

To view Top Players, Segmentation and other Statistics of Plant-Based Milk Market Industry, Get Sample Report @: https://reportsandinsights.com/sample-request/5917

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Lactose Intolerance Market Growth, Opportunities and Industry Forecast Report 2034

Lactose intolerance is a digestive disorder where individuals cannot digest lactose, a sugar found in milk and dairy products. This has led to a significant demand for lactose-free products, including dairy alternatives and enzyme supplements, creating a thriving market. The lactose intolerance market is expected to see strong growth in the coming years, driven by rising lactose intolerance cases, particularly in Asia-Pacific, where a large percentage of the population is affected.

The  lactose intolerance Market related products, including lactose-free foods, beverages, and lactase supplements, has witnessed strong growth. The global lactose-free market was valued at around USD 12 billion in 2022 and is projected to reach USD 18-20 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 6-7%. The rising consumer awareness about the digestive issues associated with lactose intolerance is a key factor driving this growth.

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Lactose Intolerance Market Drivers

Several factors are driving the growth of the lactose intolerance market:

Increasing Prevalence: Studies indicate that over 65% of the global population has some degree of lactose intolerance, leading to higher demand for solutions.

Rising Health Awareness: As more consumers seek to avoid gastrointestinal discomfort associated with lactose consumption, awareness campaigns and medical advice have led to a surge in demand for lactose-free products.

Dairy Alternatives: Growing interest in plant-based diets is pushing demand for lactose-free dairy alternatives like almond, soy, oat, and coconut milk. Veganism is another contributing factor here.

Product Innovations: Manufacturers are developing lactose-free dairy products, including milk, cheese, and yogurt, as well as supplements like lactase enzymes.

Lactose Intolerance Market Trends

Consumer Preference Shift: There has been a notable shift toward plant-based alternatives and lactose-free products as consumers seek more sustainable and healthy choices.

Fortification of Dairy Alternatives: Companies are fortifying plant-based products with nutrients like calcium, vitamin D, and protein to match the nutritional profile of traditional dairy.

Online Retail Growth: The rise of e-commerce platforms has made lactose-free products more accessible, increasing consumer convenience and fueling market growth.

Lactose Intolerance Market Challenges

Product Cost: Lactose-free products are often more expensive than their traditional counterparts, which can limit their appeal to cost-sensitive consumers.

Taste and Texture: Some consumers may still prefer the taste and texture of regular dairy products, which can make transitioning to lactose-free or plant-based alternatives challenging.

Lactose Intolerance Market Regional Analysis

North America and Europe are leading markets for lactose-free products, driven by well-established dairy industries and rising lactose intolerance awareness. The U.S. and Germany are key markets in these regions.

The Asia-Pacific region is expected to witness the highest growth, fueled by the high prevalence of lactose intolerance, particularly in countries like China, India, and Japan. The region’s large population, combined with increased disposable income and growing awareness of lactose intolerance, is propelling the market forward.

Lactose Intolerance Market Segmentation,

Product Type:

Lactose-Free Dairy Products: Milk, cheese, yogurt, ice cream.

Dairy Alternatives: Soy milk, almond milk, rice milk, oat milk.

Distribution Channel:

Supermarkets and Hypermarkets

Online Stores

Specialty Stores

Convenience Stores

Key companies profiled in this research study are,

Nestlé S.A.

Danone S.A.

The Coca-Cola Company (Fairlife)

Johnson & Johnson (Lactaid)

General Mills, Inc.

Valio Ltd.

Arla Foods amba

Dean Foods Company

Parmalat S.p.A.

Saputo Inc.

Conclusion

The Lactose Intolerance Market is poised for sustained growth, driven by increasing global awareness of lactose intolerance and the rising demand for lactose-free and dairy alternative products. As more individuals seek health-conscious, digestive-friendly, and sustainable options, the market for lactose-free dairy, plant-based alternatives, and lactase supplements will continue to expand. However, challenges such as product cost and taste preferences need to be addressed through innovation. With major industry players focusing on product development and fortification, the future of the lactose intolerance market appears promising, offering both consumers and businesses a wide range of opportunities.

[market-insider]

How the Plant-based Milk Market is Growing Worldwide: A Sustainable Alternatives

The global plant-based milk market size is estimated to reach USD 32.35 billion in 2030 and expand at a CAGR of 7.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the plant-based milk market is primarily driven by shifting consumer preferences towards healthier dietary choices and increasing awareness of lactose intolerance and dairy allergies. Consumers are increasingly opting for plant-based alternatives such as almond, soy, oat, coconut, and others, which offer nutritional benefits including vitamins, minerals, and proteins, without compromising on taste.

The growing adoption of vegan and flexitarian lifestyles worldwide has significantly expanded the consumer base for plant-based milk products. These dietary choices are driven by ethical considerations, environmental sustainability concerns, and perceived health benefits associated with reduced consumption of animal products is further expected to drive the market for plant-based milk during the forecast period.

The availability and convenience of plant-based milks have significantly improved, contributing to market growth. Major retailers and supermarkets now stock a wide range of plant-based milks, making them easily accessible to consumers. Online grocery platforms have also expanded their plant-based milk offerings, allowing consumers to conveniently purchase their preferred products from the comfort of their homes. This factor is further expected to drive the market for plant-based milk during the forecast period.

The plant-based milk market has seen significant expansion beyond North America and Europe, reaching new markets in Asia, Latin America, and the Middle East. In Asia, where lactose intolerance is prevalent, plant-based milks are gaining popularity as a suitable alternative to dairy. In Latin America, the growing middle class and increasing awareness of health and environmental issues are driving demand for plant-based milks.

Manufacturers in the plant-based milk market are investing in research and development to innovate and expand their product portfolios. This includes the introduction of new plant sources such as almond, soy, oat, coconut, and others, as well as fortified variants enriched with vitamins, minerals, and protein. Innovations in flavor profiles and packaging formats cater to diverse consumer preferences and convenience.

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Plant-based Milk Market Report Highlights

Asia Pacific is expected to grow with the fastest CAGR of 8.2% over the forecast period from 2024 to 2030. The rise of vegetarianism and veganism, driven by concerns about animal cruelty, supports the demand for plant-based milks.

Based on product, the oat milk is expected to grow with the fastest CAGR of 9.4% over the forecast period. Oat milk is rich in dietary fiber, particularly beta-glucan, which has been shown to help lower cholesterol levels. Additionally, oat milk often contains higher levels of protein compared to other plant-based milks, making it a nutritious option for consumers.

Based on nature, organic plant-based milk is expected to growth with the fastest CAGR of 11.5% from 2024 to 2030. Organic plant-based milks are free from synthetic pesticides, fertilizers, and genetically modified organisms (GMOs), which appeals to health-conscious consumers.

Based on distribution channel, sales of plant-based milk proudcts through hypermarkets & supermarkets accounted for the largest share in the plant-based milk market in 2023. These retail outlets offer a wide variety of plant-based milk products, including different brands, types, and flavors. The extensive product range allows consumers to compare and choose according to their preferences, driving sales through this channel.

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We have segmented the global plant-based milk market based on product, nature, flavor, distribution channel, and region.

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The Tofu Market: Exploring Growth in a Plant-Based World

The Tofu Market, a versatile and nutritious plant-based protein source, has seen a significant rise in popularity worldwide, particularly among health-conscious consumers and those seeking sustainable food alternatives. Valued at $2.50 billion in 2023, the global tofu market is projected to grow to $2.80 billion in 2024 and reach $5.10 billion by 2030, with a robust compound annual growth rate (CAGR) of 10.80% during the forecast period. This blog delves into the dynamics of the tofu market, exploring its key segments, major players, regional insights, and future outlook.

Overview of the Tofu Market

Tofu, also known as bean curd, is made from soy milk that has been coagulated and pressed into solid blocks. It is an excellent source of protein, low in calories, and rich in essential amino acids, making it a staple in vegetarian and vegan diets. The growing trend toward plant-based diets and increasing awareness of health benefits are driving the demand for tofu globally.

Market Drivers and Trends

Several factors are contributing to the growth of the tofu market:

Rising Health Consciousness: As consumers become more health-conscious, there is a growing preference for plant-based proteins like tofu, which are perceived as healthier alternatives to meat. Tofu is low in cholesterol and high in protein, appealing to various dietary preferences.

Sustainable Food Choices: The shift toward sustainable food sources is gaining momentum as environmental concerns rise. Tofu production generally has a lower carbon footprint compared to meat, making it an attractive option for eco-conscious consumers.

Diverse Culinary Applications: Tofu's versatility in cooking makes it suitable for various cuisines and dishes. It can be grilled, sautéed, stir-fried, or blended into smoothies, catering to diverse tastes and preferences.

Market Segmentation

The tofu market can be segmented based on type and application, providing insights into its structure and consumer behavior.

By Type:

Firm Tofu: This type of tofu has a dense texture, making it ideal for stir-fries and grilling. It is popular among consumers looking for a meat substitute that holds its shape during cooking.

Soft Tofu: Soft tofu, with its creamy texture, is often used in soups, desserts, and smoothies. It appeals to those who prefer a smoother texture and milder flavor.

By Applications:

Dealer/Retailer: Retailers play a significant role in distributing tofu products to consumers. They include specialty health food stores, local grocery shops, and organic markets.

Supermarkets and Hypermarkets: These large retail chains provide a wide range of tofu options, making it easily accessible to consumers. Their extensive reach contributes significantly to market growth.

Direct Selling: Direct-to-consumer sales through online platforms and farmers' markets are becoming increasingly popular, especially during the pandemic, as consumers seek convenient shopping options.

Regional Analysis

The tofu market's growth is influenced by regional trends and consumer preferences. Key regions include:

North America: The North American tofu market is experiencing rapid growth, driven by the rising demand for plant-based foods. The U.S. and Canada are home to numerous tofu brands that cater to health-conscious consumers. Increasing awareness about the environmental impact of meat consumption is also fueling tofu's popularity in this region.

Europe: Europe is witnessing a growing trend toward vegan and vegetarian diets, boosting tofu consumption. Countries such as Germany and the UK are leading the charge, with an increasing number of consumers seeking plant-based protein alternatives.

Asia Pacific: As the birthplace of tofu, the Asia Pacific region remains a significant market. Countries like China and Japan have a long history of tofu consumption, and the demand for traditional and innovative tofu products continues to thrive. The region is also seeing a rise in health-conscious consumers exploring new tofu varieties.

Latin America: The Latin American market for tofu is in its nascent stages but shows promise. With a growing awareness of plant-based diets, countries like Brazil and Argentina are starting to embrace tofu as a healthy protein source.

Middle East & Africa: In this region, the tofu market is gradually developing, driven by the increasing awareness of health benefits and the adoption of vegetarian diets. However, challenges such as limited availability and cultural preferences may slow down market growth.

Key Market Players

The tofu market is competitive, with several key players leading the industry:

Pulmuone: A major player in the Asian market, Pulmuone offers a wide range of tofu products, catering to diverse consumer preferences.

Sagamiya Foods: Known for its high-quality tofu products, Sagamiya Foods has established a strong presence in the Japanese market.

CJ CheilJedang: This South Korean company produces a variety of tofu products and has expanded its offerings to cater to international markets.

Zuming Bean Products: A prominent Chinese tofu manufacturer, Zuming focuses on producing traditional and innovative tofu products for domestic and export markets.

House Foods America Corporation: This U.S.-based company specializes in a range of tofu products, including organic and flavored options.

Morinaga Milk: Known for its high-quality tofu, Morinaga Milk has a strong foothold in the Japanese market and is expanding its reach globally.

Shanghai Tramy Green Food Group: This Chinese company is focused on producing sustainable tofu products, emphasizing organic and non-GMO ingredients.

Hangzhou Bean Food: Known for its wide variety of tofu products, Hangzhou Bean Food caters to both domestic and international markets.

Shenyang Fulai Food Industrial: This Chinese company is involved in the production and distribution of various tofu products.

Sunrise Soya Foods: A Canadian company, Sunrise Soya Foods specializes in tofu and other soy-based products, focusing on quality and sustainability.

Future Outlook

The tofu market is poised for continued growth, driven by several trends:

Innovation in Product Development: Companies are focusing on developing new tofu products to cater to diverse consumer preferences. Innovations such as flavored tofu, tofu-based snacks, and ready-to-eat meals are gaining traction.

Expansion of Distribution Channels: As demand for tofu grows, manufacturers are exploring new distribution channels, including e-commerce and direct-to-consumer sales, to reach a broader audience.

Health and Wellness Trends: The increasing focus on health and wellness is expected to drive tofu consumption. As more consumers adopt plant-based diets, the demand for nutritious and sustainable food options will continue to rise.

Challenges and Opportunities

While the tofu market presents significant opportunities, it also faces challenges:

Consumer Perception: Despite its health benefits, tofu may still be perceived as an unfamiliar or unappealing option by some consumers. Overcoming this perception through education and marketing will be essential for growth.

Competition from Alternatives: The growing popularity of other plant-based protein sources, such as tempeh and seitan, may pose competition for tofu. Tofu manufacturers must emphasize its unique benefits to stand out in the market.

Despite these challenges, opportunities abound:

Emerging Markets: As health consciousness grows in developing regions, the tofu market has the potential to expand significantly in countries with increasing demand for plant-based protein.

Collaboration and Partnerships: Collaborations between tofu manufacturers and food brands can lead to innovative product offerings and increased market reach.

Conclusion

The tofu market is experiencing robust growth, driven by rising health consciousness, sustainable food choices, and diverse culinary applications. With a projected market size of $5.10 billion by 2030, the industry is adapting to meet changing consumer preferences and exploring new opportunities for innovation. Key players are focusing on product development and expanding distribution channels to capitalize on the growing demand for plant-based proteins. As consumers increasingly turn to tofu as a healthy and sustainable food option, the market is set to thrive in the coming years.

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Top 10 Emerging Food and Beverage Trends to Watch in 2024

Grocery stores, restaurants, bars, caterers, and other sub-sectors are all part of the massive food trends and beverage business. Despite constantly shifting customer tastes and emerging difficult problems, the sector keeps developing and adapting.

Top 10 Emerging Food and Beverage Trends to Watch in 2024

Consumer tastes are always changing when it comes to food and drink. Plant-based diets and non-dairy milk are two trends that gained popularity a few years ago and are still in vogue today. However, a sizable segment of the market is also open to trying out novel tastes and components. Additionally, more individuals than ever before are concerned about the sustainability and health advantages of food. The top ten Food trends 2024 and 2025 are shown below.

The Market for Alternative Milk Changes

Vegans are no longer the only ones who can consume plant-based milks. Nowadays, many customers are filling their refrigerators with a variety of milks, including cashew, flax, and oat.

Customers who are concerned about sugar are drawn to natural sweeteners.

In recent years, health professionals have been quite critical of America's over-reliance on white sugar. According to three-quarters of American customers, they wish to cut back on or stay away from sugar.

People start using specialty mushrooms as a meat substitute.

Over the last ten years, sales of mushrooms have increased by over 20%. The most current report from the Mushroom Council says so. According to their data, about 270 million pounds of mushrooms are sold annually in grocery shops.

Cold Brew Coffee in the Store and at Home

Although coffee has long been a popular beverage, cold brew coffee has become increasingly popular in recent months. For up to 24 hours, coarsely ground coffee is steeped in cold water to make this kind of coffee.

Unexpected Foods and Drinks Incorporate Spice

Spice isn't just for the few customers who dare to try it anymore. A significant percentage of consumers, particularly millennial and Gen Zers, are displaying an increasing preference for spicy dishes; half of these generations say they frequently purchase hot sauces and would want to see a wider selection of hot sauce alternatives.

Chocolate Made from Plants Becomes Popular

The market for vegan chocolate is expected to expand at a compound annual growth rate (CAGR) of above 10% until 2032. That year, it’s worth may reach $2 billion. According to a recent poll, over 40% of customers are interested in plant-based chocolates, indicating their growing popularity.

Adding Buckwheat to Cookies, Crackers, and Bread

Oats and quinoa are often two of the best choices for gluten-free grains. However, buckwheat is gaining popularity.

Customers Add Pickles to Almost Everything

GrubHub saw a boom in pickles in 2023. In 2023, pickle-focused product orders increased by 89%. That was over seven million pickles!

Consumers Select Healthy Drinks

Without accounting for e-commerce transactions, grocery store sales of functional beverages—drinks made with substances that have particular health benefits—amount to $1.2 billion annually.

Sustainability Concerns Fuel Demand for Alternative Seafood trends

The market for plant-based seafood trends is expanding quickly. According to 2023 research, the market value may increase until 2032 at a compound annual growth rate (CAGR) of above 30%.

Plant-Based Food: Expanding Beyond Meat Alternatives

With health concerns and climate change on the horizon, Health-conscious consumers are increasingly choosing plant-based food substitutes. Animal components are not included in plant-based eco-friendly foods, which include a variety of plant products. Innovative meat substitutes like Beyond Meat and Impossible Foods, as well as tofu, tempeh, and seitan, replicate the flavor and consistency of animal flesh.

The Growth of Seafood Based on Plants

Plant-based seafood substitutes made from algae, seaweed, or other plant materials.

Dairy-Free Innovations: Not Just Alternatives to Milk

Dairy substitutes include ice creams, yogurts, cheeses, and plant-based milks (almond, soy, oat, etc.).

Functional Beverages: Health Benefits in Every Sip

Restoring energy, staying hydrated, improving mental and physical performance, and preventing joint pain are all facilitated by functional sports drinks.

Growth of CBD-Infused Drinks

The market for CBD beverages is expanding internationally as a result of growing knowledge of the health advantages of CBD products. Drinks with CBD are thought to be a natural treatment for a number of illnesses. Numerous medical disorders, including pain, anxiety, diseases of the central nervous system, epilepsy, and many more, are thought to be treated by CBD-infused drinks.

Adaptogenic Drinks: Boosting Energy and Relaxation

Herbs, roots, and other plant materials (such as mushrooms) are known as adaptogens, and they aid in stress management and the recovery of equilibrium following a stressful event. Adaptogens are taken by people as herbal supplements in the form of capsules, teas, or powder that may be added to soups, smoothies, and other dishes.

Any type of stress, including hormonal, emotional, physical, and even stress related to food and drink, affects the body's systems. The hypothalamic-pituitary-adrenal (HPA) axis, which starts your body's stress response and is crucial for maintaining bodily balance, is thought to interact with adaptogens, according to experts.

Alternative Proteins: Beyond Soy and Pea

Although meat, fish, and dairy products are often thought of as great providers of protein, there are many other foods that might help us reach our protein intake goals. The most widely consumed beans in the world are soy and pea, which is also the plant used to make the majority of foods with alternative protein. However, soy and pea are not the only options.

Insect Protein Gaining Popularity

A viable substitute for conventional protein sources like meat, chicken, and fish, insects are high in protein, vitamins, minerals, and vital fatty acids. At a compound annual growth rate (CAGR) of 33.4%, the worldwide insect protein market is expected to reach USD 3.3 billion by 2027.

Lab-Grown Meat: A New Era for Protein

Even though it is still in its infancy, lab-grown meat appears to be a promising alternative technology for producing animal-derived proteins and making customarily animal-based products available with much less or no animal involvement.

Food Innovation through Biotechnology

Food innovation in biotechnology is the process of enhancing Global food culture to make it safer, healthier, and tastier by using live organisms or their byproducts.

The following innovations are revolutionizing the food industry:

Functional Foods: Biotechnology has made it possible to produce functional foods, which provide health advantages beyond simple sustenance.

Genetically Modified Crops (GM): Although GM crops are controversial, there is no denying their influence on sustainability and food security.

New Preservation Techniques: Biotechnology has brought out new techniques for Global food culture preservation, such as using microbes and enzymes to organically increase food items' shelf life without the need of chemical preservatives.

Alternative Food Production: As the world's population grows and environmental concerns rise, biotechnology is being employed to provide sustainable packaging alternatives to traditional meat production, such as lab-grown beef and plant-based meat replacements.

Conclusion:

The food and beverage sector is booming with innovative ideas as 2024 approaches. Customers are more experimental and health-conscious than ever before, thanks to plant-based substitutes and creative drinks. Businesses may stay current and satisfy their Health-conscious consumers' changing needs by keeping an eye on these developments. Accepting these adjustments promotes a more sustainable future in addition to progress.

FAQ:

How is sustainability influencing the food and beverage industry?

Sustainability influences consumer preferences and business practices, driving demand for plant-based products, eco-friendly food packaging, and ethical sourcing.

What are functional beverages, and why are they popular?

Functional drinks provide hydration and energy improvements, among other health advantages. They are well-liked for encouraging convenience and well-being.

How is AI impacting the food and beverage industry?

Supply chain efficiency is increased, marketing is personalized, and food safety is improved through improved data analysis and quality control thanks to AI in food industry.

What role does alternative protein play in 2024 food trends?

Alternative proteins—such as lab-grown meat and insects—are becoming more and more popular as wholesome, sustainable ways to satisfy the world's expanding protein needs outside of conventional farming.

[marketanalysisdata]

Protein Ingredients Market Analysis, Top Key Players, Drivers and Trends by Forecast to 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The market is gaining significant momentum due to the increasing demand for food products like margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages, all of which are produced using protein ingredients. The rising consumption of these protein-rich products among health-conscious consumers, particularly the elderly, is further fueling market growth. Additionally, manufacturers are innovating and developing various proteins with a broad range of amino acids that serve specific functions, such as promoting satiety, muscle repair, weight loss, and energy balance, which opens up more growth opportunities for the market in the forecast period.

The industry has witnessed a notable increase in the consumption of animal-based products recently, and animal protein is expected to see continued growth, especially in the U.S. The strong domestic demand for animal-derived products is expected to drive the need for protein ingredients further. Companies involved in the production and supply of these ingredients are strengthening their distribution networks to ensure better market penetration, a factor that is expected to boost the industry's growth over the next several years.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Product Segmentation Insights:

In terms of product types, the animal/dairy protein segment dominated the market, accounting for a revenue share of 78.94% in 2022. This segment's growth is primarily driven by the high demand for premium-quality proteins across sectors such as food and beverages, animal feed, and personal care. Animal proteins are considered complete sources of protein because they contain all the essential amino acids the human body requires, making them a preferred choice for consumers aiming to maintain a healthy lifestyle. The numerous health benefits of animal protein ingredients have been well-supported by scientific research and endorsed by regulatory authorities. For example, whey protein has been shown to boost glutathione (GSH) levels, which enhances nutritional status and immune function in cancer patients undergoing chemotherapy.

The animal protein segment is expected to grow at a moderate CAGR of 4.4% during the forecast period, driven by its use in the animal feed industry, where it is employed as a supplement to promote the health and growth of livestock. In the personal care sector, animal proteins are incorporated into hair and skincare products to improve the texture and appearance of hair and skin. Among animal proteins, egg protein held the largest share (43.28%) in 2022, as eggs are a rich source of high-quality protein. Each egg contains approximately 6-7 grams of protein, with both the whites and yolks contributing to this amount. Eggs also offer numerous other health benefits, such as being low in calories and high in essential nutrients like choline, iron, and vitamins A, D, E, and B12. The versatility of egg protein, which can be incorporated into a wide range of food products (e.g., baked goods, sauces, and dressings), further drives its popularity among consumers.

Plant Proteins -

Plant proteins are expected to grow at a significant CAGR of 9.1% during the forecast period. This growth is driven by the increasing preference for plant-based diets, which are seen as healthier and more sustainable than animal-based diets. Plant proteins are also relatively inexpensive, which is expected to further boost demand in the coming years. The growing trend of veganism, particularly in North America and Europe, is also contributing to the rise in consumption of plant-based protein ingredients. Soy and wheat proteins are particularly popular as they are perceived to offer numerous health benefits.

Cereal-based proteins are also expected to see significant growth, particularly in the personal care and cosmetics industries. For example, corn-based ingredients are used as skin and hair conditioning agents, abrasives, absorbents, and binders in a variety of products, including facial makeup, fragrances, hair care products, hair dyes, and even oral care products.

Insect Proteins -

Insect proteins represent the fastest-growing segment in the market, with a projected CAGR of 26.4% over the forecast period. Protein derived from insects, such as crickets, has found increasing use in various applications, particularly in nutritional bars where it is added in powder form to boost nutritional value and flavor. Companies like Crik Nutrition source insect proteins from farms that adhere to strict guidelines, ensuring that the crickets used are of the highest quality for human consumption.

Research at Wageningen University suggests that waste generated from insect-rearing could be used to promote sustainable agriculture. The exoskeletons of insects are rich in chitin, a compound that can be metabolized by certain bacteria to enhance plant resilience against pests and diseases. Insects are highly efficient to farm, producing ten times as much edible protein per kilogram of grass compared to traditional livestock. This ability to produce more protein with fewer resources positions insect-rearing as an integral component of a circular food system, one in which waste is minimized and sustainability is maximized.

The combination of rising health-conscious consumer behaviors, innovations in protein ingredient development, and the drive for sustainable, eco-friendly food sources will continue to fuel the growth of the global protein ingredients market over the forecast period.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Protein Ingredients Industry 2030 Forecast, Future Outlook, Share, Trends, Application

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The market is gaining significant momentum due to the increasing demand for food products like margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages, all of which are produced using protein ingredients. The rising consumption of these protein-rich products among health-conscious consumers, particularly the elderly, is further fueling market growth. Additionally, manufacturers are innovating and developing various proteins with a broad range of amino acids that serve specific functions, such as promoting satiety, muscle repair, weight loss, and energy balance, which opens up more growth opportunities for the market in the forecast period.

The industry has witnessed a notable increase in the consumption of animal-based products recently, and animal protein is expected to see continued growth, especially in the U.S. The strong domestic demand for animal-derived products is expected to drive the need for protein ingredients further. Companies involved in the production and supply of these ingredients are strengthening their distribution networks to ensure better market penetration, a factor that is expected to boost the industry's growth over the next several years.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Product Segmentation Insights:

In terms of product types, the animal/dairy protein segment dominated the market, accounting for a revenue share of 78.94% in 2022. This segment's growth is primarily driven by the high demand for premium-quality proteins across sectors such as food and beverages, animal feed, and personal care. Animal proteins are considered complete sources of protein because they contain all the essential amino acids the human body requires, making them a preferred choice for consumers aiming to maintain a healthy lifestyle. The numerous health benefits of animal protein ingredients have been well-supported by scientific research and endorsed by regulatory authorities. For example, whey protein has been shown to boost glutathione (GSH) levels, which enhances nutritional status and immune function in cancer patients undergoing chemotherapy.

The animal protein segment is expected to grow at a moderate CAGR of 4.4% during the forecast period, driven by its use in the animal feed industry, where it is employed as a supplement to promote the health and growth of livestock. In the personal care sector, animal proteins are incorporated into hair and skincare products to improve the texture and appearance of hair and skin. Among animal proteins, egg protein held the largest share (43.28%) in 2022, as eggs are a rich source of high-quality protein. Each egg contains approximately 6-7 grams of protein, with both the whites and yolks contributing to this amount. Eggs also offer numerous other health benefits, such as being low in calories and high in essential nutrients like choline, iron, and vitamins A, D, E, and B12. The versatility of egg protein, which can be incorporated into a wide range of food products (e.g., baked goods, sauces, and dressings), further drives its popularity among consumers.

Plant Proteins -

Plant proteins are expected to grow at a significant CAGR of 9.1% during the forecast period. This growth is driven by the increasing preference for plant-based diets, which are seen as healthier and more sustainable than animal-based diets. Plant proteins are also relatively inexpensive, which is expected to further boost demand in the coming years. The growing trend of veganism, particularly in North America and Europe, is also contributing to the rise in consumption of plant-based protein ingredients. Soy and wheat proteins are particularly popular as they are perceived to offer numerous health benefits.

Cereal-based proteins are also expected to see significant growth, particularly in the personal care and cosmetics industries. For example, corn-based ingredients are used as skin and hair conditioning agents, abrasives, absorbents, and binders in a variety of products, including facial makeup, fragrances, hair care products, hair dyes, and even oral care products.

Insect Proteins -

Insect proteins represent the fastest-growing segment in the market, with a projected CAGR of 26.4% over the forecast period. Protein derived from insects, such as crickets, has found increasing use in various applications, particularly in nutritional bars where it is added in powder form to boost nutritional value and flavor. Companies like Crik Nutrition source insect proteins from farms that adhere to strict guidelines, ensuring that the crickets used are of the highest quality for human consumption.

Research at Wageningen University suggests that waste generated from insect-rearing could be used to promote sustainable agriculture. The exoskeletons of insects are rich in chitin, a compound that can be metabolized by certain bacteria to enhance plant resilience against pests and diseases. Insects are highly efficient to farm, producing ten times as much edible protein per kilogram of grass compared to traditional livestock. This ability to produce more protein with fewer resources positions insect-rearing as an integral component of a circular food system, one in which waste is minimized and sustainability is maximized.

The combination of rising health-conscious consumer behaviors, innovations in protein ingredient development, and the drive for sustainable, eco-friendly food sources will continue to fuel the growth of the global protein ingredients market over the forecast period.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[aaravkadam]

Cattle Squeeze Market Size: Analyzing Current and Future Prospects

The Cattle Squeeze Market is experiencing significant fluctuations that reflect broader economic trends, consumer preferences, and environmental challenges. Understanding the current size of the cattle squeeze market and its future prospects is essential for producers, investors, and stakeholders in the agriculture sector.

Current Market Size

As of 2024, the global cattle market is valued at approximately $billion, with the U.S. being the largest producer and consumer of beef. The market has shown resilience, recovering from previous downturns and adapting to changing consumer demands. Key contributors to this market size include:

Beef Production: The U.S. leads in beef production, contributing over 20% of the world’s supply. Factors such as high demand for beef in domestic and international markets play a critical role in maintaining market size.

Dairy Production: The dairy sector also significantly influences the cattle market. In regions where dairy farming is prominent, the dual-purpose use of cattle (beef and milk) contributes to overall market strength.

Factors Influencing Market Size

Supply Chain Challenges

The cattle market has been affected by various supply chain disruptions, including feed shortages, transportation issues, and health crises like COVID-19. These challenges have led to increased production costs, which can result in higher consumer prices.

Consumer Demand

Rising global populations and increasing incomes, particularly in developing nations, are driving demand for beef. As more consumers seek protein-rich diets, the cattle market is poised for growth, particularly in regions like Asia and Africa.

Health and Sustainability Trends

The shift towards healthier eating and sustainable farming practices is reshaping the cattle market. Consumers are increasingly favoring grass-fed and organic beef, prompting producers to adapt their practices. This trend not only influences current market dynamics but also shapes future demand.

Technological Advancements

Technological innovations in livestock management, such as precision agriculture and genetic improvements, are enhancing productivity and efficiency in cattle farming. These advancements can help mitigate supply chain challenges and contribute to market growth.

Future Prospects

Market Projections

Analysts predict that the global cattle market will grow at a compound annual growth rate (CAGR) of approximately % over the next five years. By 2028, the market size could reach around $billion, driven by factors such as:

Increased Global Demand: With population growth and changing dietary habits, demand for beef is expected to rise, particularly in emerging economies.

Sustainable Practices: The adoption of sustainable farming practices will not only meet consumer expectations but also help stabilize supply chains and production costs.

Investment in Technology: Continued investment in technology will enhance productivity and reduce operational costs, positioning producers for future success.

Potential Challenges

Despite positive growth projections, the cattle market faces challenges that could impact its trajectory:

Environmental Regulations: Stricter regulations aimed at reducing greenhouse gas emissions and promoting animal welfare could lead to increased production costs.

Competition from Alternatives: The rise of plant-based proteins and lab-grown meat presents competition to traditional beef products, potentially impacting demand.

Economic Factors: Global economic uncertainties, including inflation and trade tensions, may influence consumer purchasing power and demand for beef.

Request a Sample PDF for the Cattle Squeeze Market Report

(The sample serves as a general overview and contents of the final report, without actual data. Accessing the facts and figures of the complete report will incur a cost.)

[umadeochake]

Dairy Alternatives Market 2024-2036 | Size, Growth, Industry Trends and Insights Report

Research Nester assesses the growth and market size of the global dairy alternatives market which is anticipated to be on account of the growing population and growing health consciousness among people.

Research Nester’s recent market research analysis on “Dairy Alternatives Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global dairy alternatives market in terms of market segmentation by source, nutrient, product, formulation, distribution channel, and by region.

Growing Number of Vegetarians to Promote Global Market Share of Dairy Alternatives

The global dairy alternatives market is estimated to grow majorly on account of the increasing number of people switching to vegetarian or vegan diets. Due to rising concern about animal suffering and the environmental effects of meat eating, vegetarianism is gradually becoming more popular in developed economies worldwide. For instance, vegetarianism is the most popular plant-based diet, with over 1 billion adherents globally.

Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-6165

The world has also seen an increase in the market for vegan meals, which has led to a growing inclination toward dairy alternatives. Additionally, several plant-based substitutes for dairy and milk are being created, and the use of these goods is rising as consumers are looking to move away from regular dairy towards healthier, more environmentally friendly options.

Furthermore, most individuals lose their ability to break down lactose as they get older, which results in a decline in their tolerance to lactose, leading to higher demand for lactose-free milk alternatives like almond, coconut, and soy milk, which are readily available at most supermarkets.

Some of the major growth factors and challenges that are associated with the growth of the global dairy alternatives market are:

Growth Drivers:

Surge in Product Innovations Globally

Rising Focus on Sustainability

Challenges:

The side effects and the high cost are some of the major factors anticipated to hamper the global market size of dairy alternatives. There are adverse effects associated with switching from dairy milk to plant-based substitutes like almond, soy, oat, or coconut milk as certain plant milks contain thickeners like carrageenan that may irritate some people's stomachs or create other digestive problems.

Furthermore, a complete move to plant-based milk would usually result in lower intakes of protein, phosphorus, choline, and vitamin B12, which is likely to limit market demand.

By product, the global dairy alternatives market is segmented into milk, ice cream, yogurt, cheese, creamers, and butter. The milk segment is to garner the highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Supermarkets offer a variety of substitutes for milk, including soy milk which are excellent providers of both protein and calcium and can be included in a nutritious, well-balanced diet.

Request for customization @ https://www.researchnester.com/customized-reports-6165

Switching from dairy milk to plant-based milk such as almond, soy, oat, or coconut milk is known to lower the emissions of greenhouse gases from food by over 8%, respectively.

By 2036, the soy category is expected to have grown to a sizeable market share as it is known to lower cholesterol, lower blood pressure, fight inflammation, and help with weight loss or maintenance by reducing waist circumference in overweight or obese individuals.

Also, animal milk can be replaced with dairy-free almond milk, which is rich in magnesium, has a low-calorie, high-vitamin, and can be consumed by those who are lactose intolerant.

By region, the Europe dairy alternatives market is to generate the highest revenue by the end of 2036. This growth is anticipated by a growing number of vegans in the region. With over 5% of its population identifying as vegan, Sweden is frequently cited as having one of the largest percentages of vegans in Europe.

In recent years, the vegan diet has become more and more popular around Europe as a dietary choice because of expanding consumer awareness about health, and climate change, and the rising focus on sustainability. This has led to an increase in demand for dairy alternatives in the region. Particularly, in 2023, there were more than 6 million vegans in the designated area of the EU.

Moreover, plant milk in general is becoming more and more popular in Europe, which is likely to drive market demand for milk alternatives such as almond, and soy milk. A new survey indicates that more than 52% of customers in Europe genuinely prefer plant-based milk.

This report also provides the existing competitive scenario of some of the key players of the global dairy alternatives market which includes company profiling of Blue Diamond Growers, Organic Valley Family of Farms, ADM, The Whitewave Foods Company, The Hain Celestial Group, Inc., Daiya Foods Inc., Eden Foods, Inc., Nutriops, S.L., Earth’s Own Food Company, SunOpta Inc., Freedom Foods Group Ltd., and others.     

Access our detailed report @ https://www.researchnester.com/reports/dairy-alternatives-market/6165

About Research Nester-

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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AJ Daniel

Email: info@researchnester.com

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[credenceresearchdotblog]

The Soy and Milk Protein Ingredients Market is projected to grow from USD 33,530 million in 2024 to USD 45,888.12 million by 2032, reflecting a CAGR of 4.00% during the forecast period.The global market for soy and milk protein ingredients has witnessed significant growth in recent years, driven by rising demand for plant-based and dairy protein products, a shift in consumer preferences toward healthier diets, and an increasing focus on sustainable and alternative protein sources. Both soy and milk protein ingredients are crucial in various food and beverage applications, providing high nutritional value and functional benefits that enhance the texture, taste, and nutritional profile of the end product.

Browse the full report https://www.credenceresearch.com/report/soy-and-milk-protein-ingredients-market

Market Dynamics

1. Rising Consumer Demand for Protein-Enriched Products Increased awareness of the health benefits of proteins, including their role in muscle building, weight management, and overall wellness, has spurred demand for protein-enriched foods and beverages. This shift is particularly noticeable in regions like North America, Europe, and parts of Asia-Pacific, where consumers are becoming more health-conscious. The trend is also reflected in the rising popularity of functional foods, dietary supplements, and sports nutrition products that use soy and milk protein ingredients to meet the nutritional needs of athletes, fitness enthusiasts, and the aging population.

2. Plant-Based Proteins Gaining Traction Soy protein, derived from soybeans, has seen remarkable growth as a plant-based protein ingredient. This surge is fueled by the growing vegan and vegetarian movements and an increasing number of consumers opting for plant-based diets due to ethical, environmental, or health reasons. Soy protein is widely used in meat alternatives, dairy-free beverages, and plant-based snacks due to its high protein content and ability to mimic the texture and flavor of meat and dairy.

Moreover, concerns about lactose intolerance and dairy allergies have contributed to the growing preference for soy-based protein products. As a result, manufacturers are developing innovative soy protein-based products that cater to a wide range of dietary preferences, including lactose-free, gluten-free, and low-fat options.

3. Milk Protein Ingredients: A Steady Growth Trajectory Milk protein ingredients, including casein, whey protein, and milk protein concentrates (MPCs), remain popular in the food and beverage industry, especially in dairy products, infant formulas, and sports nutrition. Whey protein, in particular, is highly regarded for its complete amino acid profile and fast digestion, making it a staple in protein powders, energy bars, and performance-enhancing products.

The demand for milk protein ingredients continues to rise, especially in developed regions, driven by the increasing consumption of dairy-based products and growing awareness of the health benefits associated with milk proteins, such as improved muscle recovery, weight management, and satiety. Additionally, the functional properties of milk proteins, such as emulsification, foaming, and gelation, make them ideal for use in bakery products, dairy beverages, and processed foods.

Challenges and Opportunities

While the soy and milk protein ingredients market offers tremendous growth opportunities, it is not without its challenges. The fluctuating prices of raw materials, particularly soybeans and milk, pose a challenge to manufacturers. Additionally, the rise of alternative protein sources, such as pea protein, may create competition in the plant-based protein segment.

Nevertheless, the market remains highly dynamic, with opportunities for innovation, especially in developing new products that cater to the growing demand for clean-label, allergen-free, and sustainable protein ingredients.

Key Player Analysis:

Cargill, Inc.

Archer Daniels Midland Company (ADM)

DuPont de Nemours, Inc.

BASF SE

CHS Inc.

Wilmar International Ltd.

Kerry Group plc

NutraScience Labs

Soy Protein Ingredients (SPI)

Glanbia Nutritionals

Segmentations:

By Protein Types:

Soy Protein Isolates

Soy Protein Concentrates

Soy Protein Hydrolysates

Others

By Milk Protein Types:

Milk Protein Concentrates & Isolates

Casein/Caseinates

Whey Protein Concentrates

Whey Protein Isolates

Whey Protein Hydrolysates

By Applications:

Food and Beverages

Infant Formulations

Personal Care and Cosmetics

Animal Feed

By Region:

North America

US

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

UK

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Browse the full report https://www.credenceresearch.com/report/soy-and-milk-protein-ingredients-market

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: sales@credenceresearch.com

Website: www.credenceresearch.com

[mordormr]

Exploring the Growth of the Global Smoothies Industry: Trends and Market Insights

The smoothies industry size has been experiencing significant growth, fueled by a growing awareness of health and wellness among consumers worldwide. The Smoothies Market is projected to reach a value of USD 5.10 billion in 2024 and is anticipated to grow to USD 7.30 billion by 2029. This represents a compound annual growth rate (CAGR) of 7.51% over the forecast period from 2024 to 2029.

Key Drivers of the Smoothies Market

Rising Health Consciousness: One of the major factors driving the smoothies market is the growing focus on healthy living. As more people adopt healthy eating habits, smoothies—packed with fruits, vegetables, proteins, and superfoods—are seen as a nutritious and convenient option for those on the go.

Popularity of Functional Foods: Consumers are increasingly looking for foods and drinks that not only satisfy their hunger but also offer specific health benefits. Smoothies have emerged as a functional food product, with variations focused on boosting energy, improving digestion, enhancing immunity, and promoting weight loss.

Demand for Plant-Based Products: The rise of plant-based diets has significantly impacted the smoothies market. As more consumers seek out dairy-free and vegan options, smoothies made with plant-based milks like almond, soy, and oat have gained popularity. Additionally, plant-based proteins and other ingredients are increasingly being incorporated into smoothie recipes.

Convenience and On-the-Go Consumption: Modern consumers, especially in urban areas, seek convenience without compromising on nutrition. Ready-to-drink smoothies and smoothie kits that require minimal preparation have found a strong customer base, making it easy for consumers to incorporate them into their daily routines.

Innovation in Flavors and Ingredients: The smoothies market is continuously evolving, with brands experimenting with new ingredients such as superfoods, herbs, and exotic fruits to attract health-conscious customers. The fusion of traditional and contemporary flavors offers consumers a wider variety of choices, contributing to market growth.

E-Commerce and Delivery Platforms: With the expansion of online grocery shopping and delivery platforms, consumers now have easier access to smoothies and smoothie ingredients. This has further bolstered the market as brands leverage e-commerce channels to reach a wider audience.

Sustainability and Clean Label Movement: Many consumers are now more conscious of the environmental and ethical impact of their food choices. This has led to an increased demand for sustainably sourced and organic ingredients in smoothies. In response, companies are focusing on clean-label products that provide transparency about the ingredients used.

Regional Insights

North America, particularly the United States, has been a dominant region in the smoothies market, driven by the popularity of health and fitness trends. However, the Asia-Pacific region is emerging as a key market, with rising health awareness, urbanization, and increasing disposable incomes in countries like China, India, and Japan.

Future Outlook

The smoothies industry is poised for continued growth, driven by the increasing demand for health-conscious, convenient food options. Companies are likely to invest in product innovations and expand their offerings to cater to different consumer preferences, including the demand for functional smoothies and plant-based alternatives.

Conclusion

The global smoothies market is set to experience strong growth in the coming years as health and wellness trends continue to shape consumer behavior. With increasing demand for convenient, nutritious, and plant-based products, the industry is well-positioned to capitalize on these trends and expand further.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/smoothies-market  

[priyanshisingh]

Soy and Milk Protein Ingredients Market Forecast and Analysis Report (2023-2032)

The Soy and Milk Protein Ingredients Market is projected to grow from USD 33,530 million in 2024 to USD 45,888.12 million by 2032, reflecting a CAGR of 4.00% during the forecast period.

Soy and milk protein ingredients are essential components in various food and beverage products, prized for their high nutritional value and functional properties. Soy protein, derived from soybeans, is rich in essential amino acids and is popular in plant-based diets, making it a staple in products like protein powders, meat substitutes, and dairy alternatives. It is also known for its health benefits, such as supporting heart health and aiding in muscle recovery, which has boosted its use in sports nutrition and weight management products. Milk protein, derived from cow’s milk, primarily consists of casein and whey, which are well-known for their bioavailability and ability to promote muscle growth. These proteins are commonly found in products such as protein shakes, yogurts, and infant formulas, as well as in various baked goods and snacks. Both soy and milk proteins are valued not only for their nutritional profiles but also for their functional properties, such as emulsification, gelation, and water-binding capacity, which enhance the texture and stability of food products. As consumer demand for high-protein and health-focused foods continues to grow, soy and milk protein ingredients remain integral in the development of diverse, nutritionally-enhanced foods that cater to a wide range of dietary preferences and lifestyles.

The market for soy and milk protein ingredients is expanding, driven by shifting dietary trends, health consciousness, and demand for protein-rich foods. Here are some key opportunities within this market:

1. Growth of Plant-Based and Vegan Diets

The rising popularity of plant-based diets has significantly boosted demand for soy protein, as it serves as an important protein source for vegans and vegetarians. Soy protein’s use in plant-based meat and dairy alternatives, such as soy-based milk, yogurt, and meat substitutes, presents significant growth potential as consumers seek high-protein, animal-free options.

2. Increasing Demand for Protein-Enriched Foods

Consumers are prioritizing high-protein foods for fitness, muscle growth, and overall wellness. This trend drives demand for both soy and milk proteins in various products, including protein bars, powders, snacks, and functional beverages. Companies can capitalize on this trend by expanding their product lines with protein-fortified options.

3. Growth in Sports Nutrition and Performance Products

The sports nutrition market is rapidly growing, with athletes and fitness enthusiasts seeking products to enhance performance, muscle recovery, and endurance. Milk proteins, particularly whey and casein, are well-known for their role in muscle recovery and are popular ingredients in protein powders, shakes, and ready-to-drink beverages targeted at active consumers.

4. Expansion in Emerging Markets

Emerging markets in Asia-Pacific, Latin America, and Africa are seeing an increase in disposable incomes and health awareness. These regions represent untapped potential for both soy and milk protein ingredients, especially as urban populations grow and dietary preferences shift toward healthier, protein-rich foods.

5. Innovation in Functional Food Applications

Soy and milk proteins have versatile functional properties, such as gelation, emulsification, and water retention, making them valuable ingredients in food innovation. Their use in bakery products, confectionery, frozen desserts, and sauces offers opportunities for food manufacturers to enhance texture, improve shelf life, and add nutritional value to a wide range of products.

6. Rising Interest in Health and Wellness

As consumers become more health-conscious, there is increased interest in ingredients that support heart health, bone health, weight management, and muscle growth. Both soy and milk proteins have recognized health benefits, creating an opportunity to target specific consumer segments, such as seniors, weight-conscious individuals, and those focused on maintaining healthy lifestyles.

7. Development of Sustainable and Clean-Label Products

Sustainability is a growing concern, particularly with younger consumers. Soy protein appeals to environmentally conscious consumers due to its lower environmental impact compared to animal proteins. Additionally, clean-label demands provide an opportunity for companies to develop minimally processed soy and milk protein products without artificial additives, preservatives, or unnecessary fillers.

8. Innovation in Dairy Alternatives

The dairy alternatives market is expanding rapidly as lactose-intolerant and dairy-averse consumers seek alternatives. Soy protein is already a leading ingredient in non-dairy milk, yogurt, and cheese. This trend provides continued opportunity for brands to explore new soy-based products that offer the taste, texture, and nutrition of traditional dairy.

9. Demand for Infant and Elder Nutrition

Both soy and milk proteins play a critical role in specialized nutrition markets, such as infant and elderly nutrition. Milk protein’s digestibility and high bioavailability make it a popular ingredient in infant formulas, while soy protein is often used in hypoallergenic formulas. For the elderly, both proteins provide an accessible source of nutrients, supporting muscle maintenance and bone health.

10. Focus on Non-Allergenic Protein Options

With allergies and sensitivities to both dairy and soy on the rise, there is a demand for allergen-friendly versions of soy and milk protein products. Brands can cater to this need by developing hypoallergenic protein alternatives and formulations that cater to individuals with sensitivities.

11. Research and Development in Enhanced Protein Products

Ongoing research into improving the nutritional profile, taste, and functional properties of soy and milk proteins offers a path for innovation. For example, soy protein isolates and concentrates with improved amino acid profiles and milk protein hydrolysates that are easier to digest can meet the needs of specific consumer groups and elevate product offerings.

12. Partnerships and Collaborations for Product Development

Collaborations between ingredient suppliers and food manufacturers can foster innovation in new product development, especially in the rapidly evolving market of high-protein foods. Joint R&D efforts can lead to the creation of novel applications for soy and milk proteins, further expanding their market presence.

Key Player Analysis:

Cargill, Inc.

Archer Daniels Midland Company (ADM)

DuPont de Nemours, Inc.

BASF SE

CHS Inc.

Wilmar International Ltd.

Kerry Group plc

NutraScience Labs

Soy Protein Ingredients (SPI)

Glanbia Nutritionals

More About Report- https://www.credenceresearch.com/report/soy-and-milk-protein-ingredients-market

The future outlook for the soy and milk protein ingredients market is promising, with several trends and developments expected to shape the industry in the coming years:

1. Continued Growth in Plant-Based Proteins

The demand for plant-based foods is expected to rise further, driven by environmental concerns, dietary preferences, and increasing awareness of animal welfare. Soy protein, as one of the most established plant-based proteins, will continue to be a staple ingredient in plant-based meat and dairy alternatives. Innovations in taste, texture, and processing methods will help soy protein remain competitive in this expanding market.

2. Expansion in Health and Wellness Products

As consumers increasingly focus on health and wellness, there will be sustained demand for high-protein products that support various health benefits, such as muscle maintenance, weight management, and cardiovascular health. Both soy and milk protein ingredients are well-suited for these applications, with soy being recognized for its heart health benefits and milk proteins being valued for muscle recovery and bioavailability.

3. Technological Advancements in Protein Processing

Advances in protein extraction and processing technologies will enable manufacturers to improve the nutritional profiles, digestibility, and sensory characteristics of soy and milk proteins. For example, new processing techniques may enhance amino acid profiles, reduce undesirable flavors in soy protein, and increase the solubility of milk proteins, leading to better product formulations across various applications.

4. Development of Specialized Protein Products

Both soy and milk proteins will increasingly be formulated for specific consumer needs, such as sports nutrition, infant nutrition, and elderly nutrition. As personalized nutrition gains popularity, manufacturers may explore ways to tailor protein blends to meet the unique requirements of different age groups, activity levels, and health goals.

5. Growing Emphasis on Sustainability

Sustainability will be a major focus for both soy and milk protein markets, with consumers increasingly expecting brands to prioritize eco-friendly practices. Soy protein’s lower environmental impact compared to animal proteins will continue to be a selling point, while the milk protein industry may adopt sustainable sourcing practices and explore renewable packaging solutions to align with consumer values.

6. Expansion of Global Markets, Particularly in Asia-Pacific

The Asia-Pacific region is poised to be a significant growth area for both soy and milk protein ingredients. As disposable incomes rise, consumers in countries like China, India, and Southeast Asia are becoming more interested in health foods, functional ingredients, and dietary supplements. This growing demand presents opportunities for global manufacturers to expand their market presence and product offerings in the region.

7. Enhanced Functional Applications in Food and Beverages

The versatility of soy and milk proteins in terms of emulsification, water binding, and gelation properties will drive continued use in innovative food and beverage formulations. As companies strive to develop products with improved texture, stability, and mouthfeel, both proteins will be key ingredients in new product categories, such as high-protein snacks, dairy alternatives, and functional beverages.

8. Increasing Integration in Clean-Label and Organic Products

With the ongoing demand for clean-label and organic products, soy and milk protein manufacturers may increasingly focus on organic certifications and minimizing the use of artificial additives. This shift can attract health-conscious consumers who prioritize natural ingredients and transparency in labeling.

9. Innovation in Dairy-Free and Allergen-Friendly Products

There is an emerging opportunity for allergen-friendly and dairy-free options to meet the needs of consumers with sensitivities or allergies. Innovations in soy protein formulations that are free from allergens and milk proteins processed to reduce lactose content will cater to a growing market for allergen-friendly foods.

10. Research and Development in Protein Blends

The blending of soy and milk proteins with other plant-based proteins (such as pea, rice, or hemp) or other animal-based proteins (such as collagen) is likely to increase. These blends can create complementary amino acid profiles, improve taste, and enhance product functionality, providing manufacturers with flexible options for high-protein foods across various categories.

11. Increased Use in Nutraceuticals and Dietary Supplements

Soy and milk proteins are expected to gain traction in nutraceuticals and dietary supplements, appealing to consumers focused on wellness, aging, and immunity. As scientific studies continue to highlight the benefits of these proteins for specific health outcomes, they are likely to be featured in a range of supplements targeting joint health, bone strength, and muscle maintenance.

12. Growing Consumer Demand for Transparent Sourcing

Transparency in ingredient sourcing is becoming more important, and brands that prioritize fair trade and ethical sourcing of soy and milk proteins will resonate with socially conscious consumers. Companies are likely to highlight sustainable farming practices, animal welfare, and traceability as selling points to align with evolving consumer expectations.

Segmentations:

By Protein Types:

Soy Protein Isolates

Soy Protein Concentrates

Soy Protein Hydrolysates

Others

By Milk Protein Types:

Milk Protein Concentrates & Isolates

Casein/Caseinates

Whey Protein Concentrates

Whey Protein Isolates

Whey Protein Hydrolysates

By Applications:

Food and Beverages

Infant Formulations

Personal Care and Cosmetics

Animal Feed

Browse the full report –  https://www.credenceresearch.com/report/soy-and-milk-protein-ingredients-market

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Email: sales@credenceresearch.com

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[amrutatbrc1]

Dairy Blends Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies 

The dairy blends global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Dairy Blends Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The dairy blends market size has grown strongly in recent years. It will grow from $3.67 billion in 2023 to $3.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%.The growth in the historic period can be attributed to changing consumer preferences, cost efficiency, improved shelf stability, globalization of food industry, functional and nutritional enhancements.

The dairy blends market size is expected to see strong growth in the next few years. It will grow to $5.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.The growth in the forecast period can be attributed to supply chain enhancements, emerging market demand, diverse food applications. Major trends in the forecast period include regional and ethnic variations, packaging innovation, transparency and traceability, culinary innovation and applications, allergen-free options, marketing strategies, product innovation.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increase in milk production used for various dairy products is expected to propel the dairy blend market going forward. Milk production refers to the milk produced for various milk products or dairy products. Consumers are showing interest in dairy products as they are conscious of their health. Milk is a source of rich protein and is therefore used in the preparation of various dairy blends. As a result, an increase in milk production increases the demand for the dairy blend market. For instance, In February 2022, according to a U.S.-based agency, U.S. 2021 milk production totaled 226.3 billion pounds, representing an increase of 2.9 billion pounds over 2020. Therefore, the increased milk production used for various dairy products is driving the dairy blend market.

Market Trends - Product innovation is a key trend in the dairy blend market. Major companies operating in the dairy blends sector are focused on developing new products to meet customer demand. For instance, in June 2022, Danone, a France-based company operating in dairy blends, launched a unique dairy and plant blend baby formula to provide a better option for parents to feed their babies. This unique formula combines dairy blends with plant nutrition that provides complete nutrition for babies, including plant proteins, fats, and fibers. This is the first blended baby formula with 60% proteins from plants and 40% dairy proteins.

The dairy blends market covered in this report is segmented –

1) By Type: Dairy Mixture, Dairy/Non Dairy Ingredients, Dairy As A Functional Ingredient, Dairy As A Carrier 2) By Form: Spreadable, Liquid, Powder 3) By Flavor: Regular, Flavoured 4) By Distribution Channel: B2B, B2C 5) By Application: Ice Cream And Frozen Desserts, Sweet And Savory Snacks, Bakery And Confectionery, Infant Nutrition And Baby Food, Beverages, Meat, Seafood, Dietary Supplements

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Regional Insights - Asia-Pacific was the largest region in the dairy blends market share in 2023. The regions covered in the dairy blends market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the dairy blends market report are Cape Food Ingredients West Africa Ltd., All American Foods Inc., Cargill Incorporated, Fonterra Co-operative Group Limited, Kerry Group plc, Royal FrieslandCampina NV, Döhler Inc., Agropur Ingredients LLC, Advanced Food Products LLC, Glanbia plc, Galloway Company Inc., Interfood Holding B.V., Intermix Australia Pty Ltd., Ace International LLP, Dairy Farmers of America Inc., Danone SA, Nestlé SA, Dean Foods Company, Land O'Lakes Inc., Archer Daniels Midland Company (ADM), Batory Foods, Bunge Limited, Foremost Farms USA Cooperative, Idaho Milk Products Inc., Lactalis Ingredients SA, Leprino Foods Company, MCT Dairies Inc., Milk Specialties Global Co., Pacific Dairy Ingredients Inc., Westland Co-operative Dairy Company Limited

Table of Contents 1. Executive Summary 2. Dairy Blends Market Report Structure 3. Dairy Blends Market Trends And Strategies 4. Dairy Blends Market – Macro Economic Scenario 5. Dairy Blends Market Size And Growth ….. 27. Dairy Blends Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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Pizza Cheese Market Analysis, Demand, Trends and Forecast 2030

On 2024-10-10 Global Info Research released【Global Pizza Cheese Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Pizza Cheese industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Pizza Cheese. Pizza Cheese refers to the type of cheese specially designed or selected for pizza making. This type of cheese usually has the characteristics of being able to melt and draw during the high-temperature baking process of pizza, giving the pizza a unique flavor and taste. Special cheese for pizza can melt quickly during the baking process, forming a layer of golden cheese, which not only increases the visual effect of the pizza, but also improves the taste. Some cheeses also have the characteristics of drawing, making pizza more interesting and satisfying when eating. In order to meet consumers' demand for health, deliciousness and diversity, the special cheese industry for pizza continues to innovate products. For example, developing healthy cheeses such as low-fat, low-sugar, and high-protein; exploring the use of new raw materials such as plant-based milk sources to make cheese; using bio-fermentation technology to enhance the flavor and taste of cheese, etc.

The global Pizza Cheese market size is expected to reach $ 10270 million by 2030, rising at a market growth of 6.7% CAGR during the forecast period (2024-2030).

With the popularity of pizza around the world and the diversification of consumer tastes, the market demand for pizza cheese continues to grow. Especially in some pizza-consuming countries, such as Italy and the United States, the market size of pizza cheese continues to expand. Several types of cheese are often used in the production and baking of pizza, mainly including mozzarella cheese, cheddar cheese, Parmesan cheese, ricotta cheese, blue cheese and scamorza cheese. The Pizza Cheese market is highly concentrated. Leprino Foods is the leading brand in this industry, with a revenue market share equals 50% of the world total. Europe is now the largest consumption area, followed by North America. Asia is expected to be an emerging region, whose consumption will increase rapidly.

This report studies the global Pizza Cheese production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Pizza Cheese and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Pizza Cheese that contribute to its increasing demand across many markets.

Market segment by Type： Fresh Pizza Cheese、Processed Pizza Cheese Market segment by Application：Residential Use、Commercial Use Major players covered： Leprino Foods、Arla Food、Bel Group、Sabelli、Granarolo、Saputo、EMMI、Fonterra、Lactalis、Eurial、CASA Radicc、Savencia、Parag Milk Foods、MILKGROUND

Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa). The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Pizza Cheese product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Pizza Cheese, with price, sales, revenue and global market share of Pizza Cheese from 2019 to 2024. Chapter 3, the Pizza Cheese competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Pizza Cheese breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Pizza Cheese market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030. Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis. Chapter 13, the key raw materials and key suppliers, and industry chain of Pizza Cheese. Chapter 14 and 15, to describe Pizza Cheese sales channel, distributors, customers, research findings and conclusion.

Data Sources:

Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.

Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.

Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;

Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.

Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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Pasta Filata Cheese Market is in Trends by Growing Demand for Specialty and Artisan Cheeses

The pasta filata cheese market involves various cheese variants that undergo a cooking and kneading process to produce a soft, pliable consistency. Popular types include mozzarella, provolone, and scamorza. Pasta filata cheeses are known for their fresh, milky flavors and ability to melt well in baked dishes or on pizza. The market sees strong demand from the foodservice industry due to wide use of mozzarella in dishes. The health appeal of pasta filata cheeses as a good source of calcium, protein, and other nutrients also drives their use in products catering to health-conscious consumers. The Global Pasta Filata Cheese Market is estimated to be valued at US$ 14.4 Mn in 2024 and is expected to exhibit a CAGR of 11.% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the pasta filata cheese market are Bristol Myers Squibb, Johnson & Johnson, AbbVie Inc., and Merck & Co., Inc. Demand for specialty and artisan pasta filata cheeses is on the rise with consumers preferring unique flavors and authentic ingredients. Pasta filata cheese producers are also expanding globally with a focus on regions with high Italian populations or growing foodservice industries. Key players related content comprises key players related content Key players operating in the Pasta Filata Cheese Market Growth are Bristol Myers Squibb, Johnson & Johnson, AbbVie Inc., and Merck & Co., Inc. Demand for specialty and artisan pasta filata cheeses is on the rise with consumers preferring unique flavors and authentic ingredients. Pasta filata cheese producers are expanding globally with focus on regions with high Italian populations or growing foodservice industries. The growing demand in market: There is growing demand for pasta filata cheeses due to increasing preference for authentic Italian cuisine around the world. Foodservice providers are actively promoting specialty mozzarellas, scamorzas, and provolones on menus to attract customers. Global expansion of market: Major pasta filata cheese companies are expanding their global footprint by acquiring regional brands, establishing manufacturing plants overseas, and boosting imports. North America and Asia Pacific present lucrative opportunities due to rising spending power, Westernization of diets, and growing popularity of pizza and pasta dishes. Market Key Trends A key trend gaining traction in the pasta filata cheese market is the rise of artisan and specialty varieties. Small-scale producers are innovating with unique flavor blends, seasonal ingredients, and traditional recipes to appeal to consumers seeking authentic cooking experiences. This is driving increased consumption of high-value pasta filata cheeses.

Porter's Analysis Threat of new entrants: High capital investments for production plants and brand loyalty towards existing brands pose barrier for new entrants. Bargaining power of buyers: Large retail buyers can negotiate with suppliers on price discounts due to their high purchase volumes. Bargaining power of suppliers: Milk being the key raw material, dairy farmers can influence prices depending on production and supply. Threat of new substitutes: Alternative cheese varieties and plant-based substitutes can limit market growth.Competitive rivalry: Intense competition exists among existing vendors to capture market share through innovation, marketing campaigns and pricing strategies. Western Europe dominates the global pasta filata cheese market. Countries including Italy, Spain, and France are leaders in consumption and production. The per capita pasta filata cheese consumption in Western Europe is higher compared to other regions. The Middle East and Africa is expected to witness the fastest growth rate over the forecast period. Rising health awareness, changing dietary patterns, and growing exposure to international cuisines are fueling the demand for pasta filata cheese in countries such as Saudi Arabia, United Arab Emirates, South Africa and Nigeria.

Get more insights on Pasta Filata Cheese Market

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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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Protein Ingredients Market Business Analysis, Recent Development And Forecast, 2030

The global protein ingredients market size was valued at USD 77.69 billion in 2022 and is expected to grow at a revenue-based compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. 

The market is gaining momentum and witnessing a high demand owing to rising demand for food products, such as margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages, which are produced using protein ingredients. Increasing consumption of these products among health-conscious and elderly consumers is also fueling the industry’s growth. Moreover, a rise in the innovation of several proteins by various manufacturers that constitute a wide range of amino acids and perform specific functions, including satiety, muscle repair, weight loss, and energy balance, is expected to present immense growth opportunities for the market.

The industry has witnessed a considerable increase in the consumption of animal-based products in the recent past. Animal protein is expected to witness further growth over the next few years in the U.S. Momentous demand for these products derived from animal sources in the domestic market is expected to ascend the product demand. The supply chain initiatives undertaken by the ingredient manufacturing companies to strengthen the distribution of products are further expected to drive the market over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Protein Ingredients Market Report Highlights

• By product, plant proteins are expected to witness the fastest growth over the forecast period owing to the increased use of protein ingredients in food and beverages. Increasing use of plant proteins in a wide range of applications, including manufacturing of fertilizers, paper coatings, and printing inks, is creating lucrative growth opportunities for the segment

• Animal/dairy proteins held the largest revenue share of over 78.94% in 2022 owing to the growing adoption of these products in developed markets. Whey protein is expected to witness significant growth over the forecast period as it is largely popular among fitness-savvy consumers

• North America dominated the market with more than 33.56% share of the global revenue in 2022 owing to the high demand from the U.S. food and beverages sector. Consumer markets developing in Asia Pacific are growing at a high pace due to a rise in disposable income and changing lifestyle, resulting in significant growth of the regional market

• The Middle East and Africa is expected to exhibit a revenue-based CAGR of 9.6% from 2021 to 2028. This is attributed to supportive government policies as well as improved economic indicators, which have resulted in the increased availability of packaged foods amongst the urban and rural population

Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.

• The global fermented ingredients market size was valued at USD 35.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.1% from 2024 to 2030.

• The global milk protein market size was estimated at USD 6.63 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2024 to 2030.

Protein Ingredients Market Segmentation

Grand View Research has segmented the protein ingredients market based on product, application, and region:

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Plant Proteins

o Cereals

o Wheat

o Wheat Protein Concentrates

o Wheat Protein Isolates

o Textured Wheat Protein

o Hydrolyzed Wheat Protein

o HMEC/HMMA Wheat Protein

o Rice

o Rice Protein Isolates

o Rice Protein Concentrates

o Hydrolyzed Rice Protein

o Others

o Oats

o Oat Protein Concentrates

o Oat Protein Isolates

o Hydrolyzed Oat Protein

o Others

o Legumes

o Soy

o Soy Protein Concentrates

o Soy Protein Isolates

o Textured Soy Protein

o Hydrolyzed Soy Protein

o HMEC/HMMA Soy Protein

o Pea

o Pea Protein Concentrates

o Pea Protein Isolates

o Textured Pea Protein

o Hydrolyzed Pea Protein

o HMEC/HMMA Pea Protein

o Lupine

o Chickpea

o Others

o Roots

o Potato

o Potato Protein Concentrate

o Potato Protein Isolate

o Maca

o Others

o Ancient Grains

o Ancient Wheat

o Quinoa

o Sorghum

o Amaranth

o Chia

o Millet

o Others

o Nuts & Seeds

o Canola

o Canola Protein Isolates

o Hydrolyzed Canola Protein

o Others

o Almond

o Flaxseeds

o Others

o Animal/Dairy Proteins

o Egg Protein

o Milk Protein Concentrates/Isolates

o Whey Protein Concentrates

o Whey Protein Hydrolysates

o Whey Protein Isolates

o Gelatin

o Casein/Caseinates

o Collagen Peptides

o Microbe-based Protein

o Algae

o Bacteria

o Yeast

o Fungi

o Insect Protein

o Coleoptera

o Lepidoptera

o Hymenoptera

o Orthoptera

o Hemiptera

o Diptera

o Others

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.