Global Protein Market 2024-2028
The protein market is forecasted to grow by USD 86.75 bn during 2023-2028, accelerating at a CAGR of 3.48% during the forecast period. The report on the protein market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing interest in sports and fitness activities, increase in awareness about physical appearance, and focus on disease-free life and improved quality of life.
Technavio's protein market is segmented as below:
By Source
By End-user
- Food and beverages
- Infant formulations
- Animal feed
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the rise in online sales of proteins as one of the prime reasons driving the protein market growth during the next few years. Also, shift in preference toward natural and herbal products and endorsements of high-protein-based food by celebrities and sportspersons will lead to sizable demand in the market.
The report on the protein market covers the following areas:
- Protein market sizing
- Protein market forecast
- Protein market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading protein market vendors that include AMCO Proteins, Archer Daniels Midland Co., Arla Foods amba, Bunge Ltd., Cargill Inc., Darling Ingredients Inc., Fonterra Cooperative Group Ltd., FrieslandCampina, Fuji Oil Holdings Inc., Gelita AG, Glanbia plc, Hilmar Cheese Company Inc., Ingredion Inc., International Flavors and Fragrances Inc, Kerry Group Plc, LACTALIS Ingredients, Puris, Roquette Freres SA, The Scoular Co., and Wilmar International Ltd.. Also, the protein market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.