1. Market Research
  2. > Biotechnology
  3. > Biopharmaceutical Market Trends

Analysis of the Global Protein Ingredients Market

  • October 2013
  • 18 pages
  • Frost & Sullivan
Report ID: 1862612

Summary

Table of Contents

This market insight focuses on the global demand for different types of protein ingredients. The segmentation in this research service is done by ingredient source, region, and end applications. Prices of various types of protein ingredients and the list of key industry participants are provided. This market insight also focuses on macro trends that affect the market space. The base year is 2012 and forecasts are provided up to 2017.

Market Overview

• The revenue of the global protein ingredients market stood at $ million in 2012. It is expected to reach $ million in 2017, at a compound annual growth rate (CAGR) of %.
• Dairy proteins led the global protein ingredients market and contributed % in terms of revenue and % in terms of volume, in 2012.
• Although plant proteins exhibit properties that can be compared to dairy proteins, dairy proteins offer better functionality, organoleptic properties, and mouth feel.
• However, the cost factor has enabled plant proteins to surpass dairy proteins in terms of revenue share, in certain applications and regions.
• The protein ingredient market in the Asia-Pacific region has been witnessing strong revenue growth. This trend is expected to continue and the demand for plant proteins is projected to be higher in Asia-Pacific than in other regions.
• The global market has a relatively high degree of concentration. The top three participants held % of market revenue in 2012.

Market Definition and Segmentation

• This research service focuses on the global protein ingredients market.
• Market size is calculated based on the total consumption of protein.
• The segments are dairy proteins and plant proteins.
• The dairy proteins include:
o Whey—whey protein concentratesX(WPC 34), whey protein concentrates 80(WPC 80), whey protein isolates(WPI), and whey protein hydrolysates(WPH)
o Milk protein concentrates (MPC)—MPC 42, MPC 50, MPC 70, and MPC 80 and above.
• Plant proteins include soy protein concentrates, soy protein isolates, textured soy proteins, wheat, pea, canola, and wheat proteins.
• The applications include sports and fitness nutrition, meat, dairy, beverage, bakery, and medical nutrition.
• The regions included in this study are:
o North America—Canada and the United States
o Europe—The European Union, Scandinavia, and Eastern Europe
o Asia-Pacific (APAC)—Thailand, Malaysia, Japan, Singapore, Vietnam, South Korea, Indonesia, Australia, and New Zealand
o Rest of World (ROW)—Middle East and Latin America
• Units are defined in kilograms (kg) and thousand metric tons.
• All prices and revenue are represented in US dollars.


Key Industry Challenges

• Raw material volatility
• Price pressure forces manufacturers to reduce profit margins


Key Success Factors

• Organoleptic properties
• Regulatory approvals
• Marketing strategies
• Solubility
• Long-term access to raw materials

Three Big Predictions

1. Blending of dairy and plant proteins is expected to continue throughout the forecast period, to mitigate costs.
2. The application of proteins—especially high-concentrate proteins, such as WPH and WPI—in medical nutrition is projected to increase.
3. The health and wellness Mega Trend and the growing functional food and beverage market are expected to boost sales of both plant and dairy proteins.

Blending of Plant and Dairy Proteins Set to Drive Overall Growth of the Market

• Access to raw materials has become a challenge for manufacturers, owing to the scarcity of non-GM soy and high volatility in dairy markets.
• Therefore, the prices of plant and dairy protein ingredients have gone up in the recent past.
• Manufacturers are under severe pressure, as they are unable to pass on the inflation in prices to consumers in the prevalent economic situation.
• Hence, blending of proteins has been and is expected to be a lucrative option for manufacturers, to mitigate the increasing cost of production and simultaneously offer the same functionality of proteins.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Markets for Protein Labeling

  • $ 6650
  • Industry report
  • February 2017
  • by BCC Research

Use this report to: - Identify key market dynamics and the factors impacting the global protein-labeling market and its subsegments. - Gain insight into global protein-labeling market and its market segments, ...

Protein Ingredients Market and Plant Protein; Form - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2027

  • $ 5795
  • Industry report
  • May 2017
  • by Transparency Market Research

Global Protein Ingredients Market: Overview Transparency Market Research (TMR) offer a 10-year forecast for the protein ingredients market between 2017 and 2027. In terms of value, the market is expected ...

Protein Hydrolysates Market by Type, Application, Process, Source, Form, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The protein hydrolysates market is projected to grow at a significant rate” The protein hydrolysates market is projected to grow at a CAGR of 8.1% from 2016, to reach USD 738.2 million by 2022. The ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.