Protein Ingredients Market Size, Share, Trend Analysis
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global protein ingredients market size at USD 5,492.8 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global protein ingredients market size to grow at a significant CAGR of 6% reaching a value of USD 8,275.1 million by 2029. Major growth drivers for the global protein ingredients market include an increasing demand for food products like margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages that utilize protein ingredients in their production. This demand is particularly prominent among health-conscious individuals and the elderly population. Also, manufacturers are actively innovating and developing various protein sources that offer a diverse range of amino acids and serve specific functions, such as promoting satiety, aiding in muscle repair, facilitating weight loss, and maintaining energy ba...