The Italy protein market size is expected to grow from USD 363.51 million in 2024 to USD 449.77 million by 2029, at a CAGR of 4.35% during the forecast period (2024-2029).
The Italy protein market is fragmented, with the presence of various international and domestic players. The major players in this market are Archer Daniels Midland Company, Darling Ingredients Inc., Kerry Group PLC, International Flavors & Fragrances Inc., and Koninklijke FrieslandCampina N.V., among others. Key protein market players are investing in R&D and entering into mergers and acquisitions to enhance their product portfolios. Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy among all, as it helps in understanding the changing needs of the consumers in the market. The demand for plant-based ingredients is growing in the region due to consumers' increasing demand for vegan and plant-based foods.
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