Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 3.99 Billion | USD 6.46 Billion | CAGR at 5.62% | 2023 |
According to the report published by Zion Market Research, the global Concentrate Protein Market size was valued at USD 3.99 Billion in 2023 and is predicted to reach USD 6.46 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.62% during the forecast period. The report analyzes the global Concentrate Protein Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Concentrate Protein Market industry.
Concentrate protein is a highly rich protein-formulated content that aims at facilitating nutrition for malnutrition and operational use of underutilized protein sources. It has a wide number of applications across different sectors like fitness, food & beverages, healthcare, and several others. It is also prescribed by professionals, physicians, doctors, and dieticians to overcome protein deficiency. Lack of protein leads to several severe diseases like rickets. Hence, the consumption of a sufficient amount of protein is important to curb these diseases. Moreover, it is highly advised by gym trainers to build muscles rapidly. However, protein is a rich energy source and thus it is utilized in all professions where a good amount of energy is needed.
A large number of benefits and applications associated with concentrate protein are boosting its demand vigorously. One of the major factors driving the growth of the global concentrate protein market is its growing awareness among people. Moreover, the hectic lifestyle and unhealthy eating habits of people have significantly propelled the demand for protein supplements all across the globe. Concentrate protein is highly utilized in sports nutrition also. Its high demand can be attributed to the fact that athletes need higher consumption of proteins.
Moreover, the various benefits associated with it like easy digestibility, strong amino profile, and wide availability are some other key factors fuelling the adoption of concentrate protein in sports nutrition. However, the exponentially growing demand for sports nutrition supplements is likely to create many lucrative growth opportunities in the global concentrate protein market during the forecast period. Also, the growing endorsement of protein-based products by high-end celebrities and several fitness influencers is also accelerating the growth of the market globally.
Moreover, manufacturers are increasing investment to boost the research and development activities in order to launch innovative products in the market to expand their customer base and generate huge revenue out of the global concentrate protein market. The emergence of lactose-free products in the market is another key factor turning a large number of consumers towards the concentrated protein products.
The global concentrate protein market can be segmented into the distribution channel, application, protein extraction, source, nature and region.
By distribution channel, the market can be segmented into indirect and direct channels.
By application, the market can be segmented into dietary supplements, sports nutrition, animal feeds, personal care & cosmetics, infant formulations, food & beverages and others.
By protein extraction, the market can be segmented into protein solubilization followed by precipitation and drying & manual separation of a protein-rich fraction.
By source, the market can be segmented into microbial sources, plant sources, and animal sources. The plant source segment accounts for the largest share in the global concentrate protein market. The plant sources segment can further be bifurcated into canolas, peas, textured soy protein, soy protein concentrates, wheat, and others. The animal sources segment can further be bifurcated into caseinates, gelatin, whey protein, milk protein, egg protein, and others.
By nature, the market can be segmented into conventional and organic.
Report Attributes | Report Details |
---|---|
Report Name | Concentrate Protein Market Research Report |
Market Size in 2023 | USD 3.99 Billion |
Market Forecast in 2032 | USD 6.46 Billion |
Growth Rate | CAGR of 5.62% |
Number of Pages | 201 |
Key Companies Covered | John Pointon & Sons Ltd, Euroduna Food Ingredients GmbH, Foodchem International Corporation, Wilmar International Ltd., Cargill Inc., Morinaga Milk Group, Nutra Food Ingredients, Ingredion Incorporated, E. I. duPont de Nemours and Company, and Archer Daniels Midland Company. |
Segments Covered | By Distribution channel, By Application, By Protein extraction, By Source, By Nature and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global concentrate protein market owing to the fact that a large number of the population is suffering from lifestyle-related diseases due to bad dietary habits and high consumption of ready-to-eat foods. Also, the growing awareness regarding the benefits of concentrated protein in sports nutrition in the region is another reason fuelling the growth of the regional market during the forecast period.
Asia Pacific is expected to witness huge growth during the forecast period due to the growing disposable income of the people in the region. Moreover, the growing awareness of people regarding their health is also propelling the growth of the regional market during the forecast period.
Some of the significant players in the global concentrate protein market are:
By Distribution channel
By Application
By Protein extraction
By Source
By Nature
What Reports Provides
FrequentlyAsked Questions
A large number of benefits and applications associated with concentrate protein are boosting its demand vigorously. One of the major factors driving the growth of the global concentrate protein market is its growing awareness among people. Moreover, the hectic lifestyle and unhealthy eating habits of people have significantly propelled the demand for protein supplements all across the globe.
Some of the significant players in the global concentrate protein market are John Pointon & Sons Ltd, Euroduna Food Ingredients GmbH, Foodchem International Corporation, Wilmar International Ltd., Cargill Inc., Morinaga Milk Group, Nutra Food Ingredients, Ingredion Incorporated, E. I. duPont de Nemours and Company, and Archer Daniels Midland Company.
North America accounts for the largest share in the global concentrate protein market owing to the fact that a large number of the population is suffering from lifestyle-related diseases due to bad dietary habits and high consumption of ready-to-eat foods.
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