North America Protein Ingredients Market Outlook, 2027

North America Protein Ingredients Market Outlook, 2027

A protein is an important nutrient to the human body as it needs to grow, repair cells and to work properly. A Protein is found in a wide range of food and it is important that one consumes protein in his/her diet every day. Requirement for protein depends on the weight, gender, age and health of the consumer. Protein supplements come in various forms including powders mix with milk or water, pre-mixed, ready-to-drink shakes, or in bars, chips. The most common types of protein used are whey, casein, and soy. Whey protein and casein are milk-based proteins, while soy is the better choice for vegans or anyone with a dairy allergy. However protein deficiency may occur in people with special requirements, such as older people and people following strict vegetarian or vegan diets.

According to the report title “North America Protein Ingredients Market Outlook, 2027”, published by Bonafide Research, The North America protein ingredients market size was valued at USD 16.31 Billion in 2021 and is expected to expand at a CAGR of more than 5% from 2022 to 2027.

The North America Protein Ingredients Market is divided into two types i.e. the animal protein ingredients and the plant protein ingredients. The Animal protein supplements and fats have long been utilized by the feed compounding industries, primarily for their protein (amino acid) content, mineral content (calcium and phosphorus), and energy contributions. The animal proteins do not contain oligosaccharides and other non-starch polysaccharides that have been alter gut viscosity and isto reduce the digestibility of fats and proteins. The Albuminsare water-soluble globular animal proteins with a relatively low heat stability these are very attractive proteins for the production of micro-particles or Nano-particles as they are widely available in pure form and are biodegradable& nontoxic. The whey animal protein ingredient market is expected to grow at a significant CAGR during the forecast period.

The plant based protein could actually have a better chance at combating chronic illnesses such as heart disease and type two diabetes due to the naturally low levels of cholesterol and unhealthy fats present in them. The nutritional supplement like vegan protein is one of the most potent sources of vegetable protein rich food. The soy protein ingredients market is anticipated to grow highest during the forecast period. Pea protein has been formulated using vegetable rich protein food legumes like pea, wherein the fibers and starch present in it are eliminated during the manufacturing process. However, pea protein is not a fully synthesized protein and needs to be paired with another good source of proteins in order to be fully utilized.

The North America Protein Ingredients market is segmented into four types such as food & beverages, animal feed, cosmetics & personal care and pharmaceutical & nutraceutical. The food & beverages has the largest market share of animal-based protein ingredients. There are clear opportunities for the growth of animal-protein ingredients market in the North America region. The Canada is leading the North America protein ingredient market and driven by high protein consumption in the supplements industries. Whey protein mainly used in sports nutrition. It was due to the surging count of fitness enthusiasts and fitness clubs in Canada.

Covid-19 impact
The animal protein industries faced many challenges because of COVID-19 pandemic and increasing consumer concerns, the sector is embracing innovation to help the industry grow. The future of the meat industry depends on adopting science and innovation that help produce animal protein to full fill new consumer needs because of increasing consumer concern about health risks associated with consuming meat and its environmental impact The unfounded claim that associates the origin of the novel coronavirus with animal meat has also negatively affected the demand for meats, as the fear of getting the virus from eating animal-based protein has somehow affected consumers shopping behavior.

Major Companies present in the market:
Cargill, Inc., DuPont de Nemours, Inc. (NUTRITION & BIOSCIENCES), Archer Daniels Midland (ADM) Company, Kerry Group plc., Bunge Limited, Fonterra Co-operative Group, Arla Foods Ingredients Group P/S, CHS Inc., Mead Johnson Nutrition Company, Agridient Inc., Ingredion Incorporated, Agropur MSI, LLC, AMCO Proteins Company, Omega Protein Corporation

Considered in this report
• Geography: North America
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• North America Protein Ingredients Market with its value and forecast along with its segments
• Country wise Protein Ingredients market analysis
• Application wise Protein Ingredients distribution
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• USA
• Canada
• Mexico

Based on source of protein ingredientsin the report:
• Animal protein
• Plant protein

Based on Animal type of protein ingredientsin the report:
• Egg protein
• Milk protein
• Whey protein
• Casein protein
• Gelatin protein
• Fish protein, Others

Based on Plant type of protein ingredientsin the report:
• Soy protein
• Pea protein
• Wheat protein
• Others

By Application Type in the report:
• Food & Beverages
• Animal Feed
• Cosmetic & Personal care
• Pharmaceutical & Nutraceutical

By Formulation Type in the report:
• Solid
• Liquid

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to food and beverage industry, Medical industry, cosmetic industry, animal nutrition industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.