U.S. Protein Ingredients Market Size, Share & Trends Analysis Report By Product (Plant Proteins, Animal/Dairy Proteins, Microbe-based Protein), By Application (Foods & Beverages, Infant Formulations), By Country, And Segment Forecasts, 2023 - 2030

U.S. Protein Ingredients Market Size, Share & Trends Analysis Report By Product (Plant Proteins, Animal/Dairy Proteins, Microbe-based Protein), By Application (Foods & Beverages, Infant Formulations), By Country, And Segment Forecasts, 2023 - 2030

U.S. Protein Ingredients Market Growth & Trends

The U.S. protein ingredients market size is expected to reach at USD 33.34 billion by 2030, registering CAGR of 6.6% during 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing health benefits and growing demand for the food products that use protein ingredients, including margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages is expected to drive the market for the U.S. protein ingredients during the forecast period.

This demand is driven by the health-conscious and elderly consumers who are looking for the products that offer functional benefits. The market is benefiting from the innovation of various proteins by the manufacturers that offer a wide range of amino acids and perform specific functions, such as satiety, muscle repair, weight loss, and energy balance. This presents significant growth opportunities for the market as the consumers are increasingly interested in the products that provide specific health benefits.

The use of protein ingredients has expanded beyond traditional food and beverage products. They are now being used in pharmaceuticals, cosmetics, and personal care products, among others. The versatility of the protein ingredients is driving their demand in various industries. Consumers' growing interest in health and wellness is also driving demand for the protein ingredients. Proteins are essential nutrients that are needed for the growth, repair, and maintenance of the body. As consumers become more health-conscious, they are seeking out products that offer functional benefits, such as improved muscle mass and enhanced energy levels.

The product innovations and technological advancements are expected to be the major factors in the expansion of the protein ingredients market during the forecast period. With the advancements in technology, manufacturers are now able to produce a wide range of protein ingredients with unique functionalities and properties that can be used in various applications. For instance, in December 2022, Merit, a supplier of plant protein ingredients, launched a new organic plant protein ingredient called Organic Peazazz C 850. This new ingredient is made using Merit's proprietary membrane filtration technology, which allows for the superior taste and purity compared to the traditional processing methods.

There is increasing demand for the plant protein ingredients as there is growing interest in plant-based foods, which can promote better health and reduce the risk of chronic diseases such as heart disease, type 2 diabetes, and certain types of cancer. As demand for the plant protein continues to grow, more companies are investing in research and development to create new and innovative plant-based products. This trend is expected to accelerate in the coming years as the consumers become more conscious of their health and environmental impact.

Another benefit of plant protein is that it is generally more sustainable and environmentally friendly as compared to the animal protein. Livestock production requires large amounts of land, water, and energy, besides can lead to deforestation, greenhouse gas emissions, and water pollution. In contrast, plant-based protein sources such as legumes, nuts, and seeds have a smaller environmental footprint and can be grown using less land and resources.

U.S. Protein Ingredients Market Report Highlights

• Based on product, the market is segmented into plant protein, animal/dairy protein, microbe-based protein, insect protein. In 2022, the animal protein segment dominated the market with a revenue share of 105.76% owing to its health benefits, long shelf life and they are often more versatile in cooking, allowing for a wide variety of culinary applications. Animal-based proteins have traditionally been considered a more complete source of protein, as they contain all nine essential amino acids required by the human body. Many plant-based proteins are incomplete and lack one or more of these essential amino acids. Additionally, animal-based proteins are often perceived as being more flavorful and satisfying than plant-based proteins, which can make them more appealing to consumers
• Based on application, the market is segmented into food & beverages, infant formulations, clinical nutrition, animal feed, and others. The food and beverages application segment held the largest revenue share of over 39.21% share in 2022. Whey protein ingredients are an economical source of protein and are therefore extensively used in the bakery and confectionery industry. Furthermore, advancements in process design and technology have improved the quality of whey products that are highly refined, including demineralized whey, WPIs, and WPCs. The advancements have resulted in the increased incorporation of protein ingredients in various functional food products to make them nutrient-rich

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