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The Protein Trends and Technologies market is changing due to customer tastes, technology, and a focus on sustainable and plant-based protein sources. Market trends include rising demand for plant-based proteins. With the rise of vegetarianism, veganism, and plant-centric diets, animal-based protein sources are declining. This trend is pushing plant protein technology innovation, resulting in a variety of plant-derived protein products to fulfill consumer nutritional needs.
To address sustainability, protein technologies are advanced. Traditional animal agriculture's environmental effect has spurred the search for sustainable protein sources. This has led to cell-based and fermentation-derived protein technologies. These technologies support the global quest for sustainable and ethical food choices by producing protein more sustainably and efficiently.
To address demand for protein-enriched foods and beverages, several food and beverage items are adding protein. Protein is being added to snacks, beverages, meal replacements, and sports nutrition products to suit different tastes and lifestyles. The increased awareness of protein's role in health, muscle maintenance, and satiety drives this trend.
Personalized nutrition and protein product customisation to fit health goals and dietary needs are also rising. Technology and genetic testing allow companies to offer individualized protein solutions depending on an individual's genetics, health, and lifestyle. This trend shows a protein market movement toward customization and consumer focus.
Protein product clean label and transparent sourcing are also growing. Protein with few ingredients, no chemicals, preservatives, or allergens is what consumers want. This clean label movement is affecting product development and marketing as producers address demand for natural and minimally processed protein sources.
Novel protein sources outside plant and animal origins also affect the Protein Trends and Technologies market. Alternative protein sources including insects, algae, and fungi may be healthier and better for the environment. Diversifying protein sources makes the protein industry more flexible and adaptable, giving customers more options and encouraging protein technology innovation.
The market is also responding to growing awareness of proteins' involvement in worldwide hunger. Protein fortification and supplementation are becoming significant ways to fight protein deficit, especially in locations with inadequate protein sources. This trend emphasizes protein technology' role in global food security and nutrition.
Protein Trends Technologies Market Highlights:
Global Protein Trends & Technologies Market Overview
Protein Trends & Technologies Market Size was valued at USD 5.5 Billion in 2022. The Protein Trends & Technologies market Technology is projected to grow from USD 6.1 Billion in 2023 to USD 13.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.50% during the forecast period (2023 - 2032).Increasing demand for protein-rich foods and beverages, growing trend towards plant-based diets, and increasing adoption of alternative protein sources, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Protein Trends & Technologies Market Trends
- Increasing demand for protein-rich foods and beverages is driving the market growth
The worldwide population is becoming more health conscious, which is driving up demand for foods and drinks that are high in protein. One of the most important macronutrients for maintaining excellent health is protein. They assist in tissue growth and repair, hormone and enzyme production, and blood oxygen delivery. As a result, there is an increase in demand for protein powders, bars, and supplements. The expanding tendency towards plant-based diets is another important factor driving the market for protein trends and technologies. A growing number of people are adopting plant-based diets because of their advantages for the environment and their health. Compared to animal-based proteins, plant-based proteins are also thought to be more ethical and sustainable. Consequently, there has been an increase in demand for plant-based protein sources such soy and pea protein.
Alternative protein sources, such insect protein and lab-grown meat, are becoming more popular in addition to plant-based proteins. Compared to conventional protein sources, alternative protein sources are thought to be more environmentally friendly and sustainable. The market has seen an increase in demand for these products as a result. More people have been turning to plant proteins in recent years because they are seen as healthier and more environmentally friendly alternatives to meat products. The two main plant-based protein sources that will present attractive growth opportunities during the projection period are pea and soy proteins. Plants are the main source of alternative proteins due to their low environmental effect and great health advantages. Insect, lab-grown meat, and algal proteins are some further alternatives to animal proteins, but the need for plant-based proteins is what really drives up the market for all proteins. This aspect is anticipated to accelerate market growth due to the availability of plants and cutting-edge technologies that have a minimal negative impact on the environment.
Over the past few years, nutritional supplements and other healthy supplements have been increasingly popular around the world. Millennials are the primary consumers of functional proteins, which are employed in activities such as body toning, competitive sports, and muscle-building. Additionally, consumers select numerous nutritious functional supplements as meal replacements in the treatment of diabetes, chronic diseases, and underweight disorders. Additionally, dietary supplements for cancer patients are frequently employed to strengthen the body's natural defences against the disease. Given the variety of uses for functional proteins, their market share in the market will rise in the years to come.Thus, driving the Protein Trends & Technologies market revenue.
Protein Trends & Technologies Market Segment Insights
Protein Trends & Technologies Technology Insights
The Protein Trends & Technologies market segmentation, based on technology, includes protein chip, tandem mass spectrometry, nuclear magnetic resonance, x-ray crystallography, electrophoresis, liquid chromatography, high-performance liquid chromatography, chromatography, and others. Protein chip segment dominated the market in 2022. Some protein chips can function with both proteins and nucleic acids. These are used to examine protein expression or protein-protein interactions and are comparable to DNA chips. Protein chips are adaptable and quick enough to record biological data on changes in protein expression, protein-protein interactions, and reactions to varied situations when compared to conventional proteomic techniques. Electrophoresis-based techniques have the disadvantage that they can be difficult to use and can be expensive to run in terms of cost per data point.As a result, it is anticipated that the market for protein chips will fuel this region's market growth. The ProteinChipTM, owned by BioRad, has a trademark registration from Ciphergen.
Protein Trends & Technologies Application Insights
The Protein Trends & Technologies market segmentation, based on application, includes protein identification, de novo (peptide) sequencing, protein quantitation, protein structure determination, biomarkers, proteogenomics, diagnostics, antibody characterization, and treatment development. Protein identification segment dominated the market in 2022. This is explained by the rising need for medical diagnostics and the growing knowledge of diseases.
Protein Trends & Technologies End Users Insights
The Protein Trends & Technologies market segmentation, based on end users, includes pharmaceutical companies, biotechnology companies, research institutes, and others. Pharmaceutical companies segment dominated the Protein Trends & Technologies market in 2022.This is due to the fact that the healthcare sector's research and development activities are exploding due to the growing intake of funding.
Figure 1: Protein Trends & Technologies Market, by End Users, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Protein Trends & Technologies Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Protein Trends & Technologies Market dominated this market in 2022 (45.80%). Increasing protein chip adoption, widespread HLPC use, and technological advancements in the healthcare industry are a few of the key drivers influencing the market's growth in the area. Businesses that produce large quantities of protein products are concentrated in this area. Further, the U.S. Protein Trends & Technologies market held the largest market share, and the Canada Protein Trends & Technologies market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: PROTEIN TRENDS & TECHNOLOGIES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Protein Trends & Technologies market accounted for the healthy market share in 2022. Protein production and processing technology developments are also opening up regional market prospects. Producing protein products in the area is becoming simpler and more affordable because to new technologies including genetic engineering, fermentation, and cell culture. Further, the German Protein Trends & Technologies market held the largest market share, and the U.K Protein Trends & Technologies market was the fastest growing market in the European region.
The Asia Pacific Protein Trends & Technologies market is expected to register significant growth from 2023 to 2032. In Asia Pacific, this market is supported by the availability of funding for R&D, rising demand for protein technology, and rising healthcare costs. Moreover, China’s Protein Trends & Technologies market held the largest market share, and the Indian Protein Trends & Technologies market was the fastest growing market in the Asia-Pacific region.
Protein Trends & Technologies Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Protein Trends & Technologies market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Protein Trends & Technologies Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Protein Trends & Technologies Industry to benefit clients and increase the market sector. In recent years, the Protein Trends & Technologies Industry has offered some of the most significant advantages to medicine. Major players in the Protein Trends & Technologies market, including Rigaku Corporation, Hampton Research Corp., Jena Bioscience GmbH, Thermo Fisher Scientific Inc., Molecular Dimensions Ltd., Formulatrix, Inc., Bruker Corporation, MiTeGen LLC, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., EMD Millipore, Life Technologies Corporation, Oxford Expression Technologies Ltd., Qiagen N.V., and Takara Bio Inc., are attempting to increase market demand by investing in research and development operations.
Services for digital agriculture are offered by Farmers Edge Inc. It has two reportable segments, which include e-commerce and digital agronomy operations. Growers can choose from a full range of digital agronomy solutions from Digital Agronomy Operations, which are available at five different subscription levels and are billed annually per acre. Through online marketplaces, agricultural products are sold as part of the e-commerce industry. The companies' digital agronomy activities division generates the majority of their revenue. Farmers Edge Inc. and Merit Functional Foods (Merit) initiated a trial programme in September 2021 with a primary goal of enhancing the production, quality, and marketing potential of protein crops. The new initiative is anticipated to boost Merit's ingredient production's effectiveness and sustainability.
Manufacturer and marketer of foodstuffs and beverages is Nestle SA (Nestle). Baby foods, bottled water, cereals, chocolates and confectionary, coffee, culinary products, plant-based meals, chilled and frozen foods, dairy products, nutritional products, ice cream, and pet care items are all included in the company's product line-up. Aero, Purina Alpo, Milkybar, Cerelac, Nescafe, Nespresso, Nido, Perrier, S.Pellegrino, Acqua Panna, Nestea, Milo, Maggi, Buitoni, Cailler, Movenpick, Purina, Boost, Gerber, and Kit Kat are some of the brand names under which Nestle sells its goods. Asia, Oceania, the Americas, Europe, the Middle East, and Africa are all commercial hubs for the company. In Vevey, Waadt, Switzerland, Nestle has its headquarters. Nestlé worked with Burcon and Merit to develop and produce plant proteins in January 2020. With the help of this alliance, Nestlé should be able to produce meat and dairy substitutes made from plants more quickly.
Key Companies in the Protein Trends & Technologies market include
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Rigaku Corporation
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Hampton Research Corp.
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Jena Bioscience GmbH
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Thermo Fisher Scientific Inc.
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Molecular Dimensions Ltd.
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Formulatrix, Inc.
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Bruker Corporation
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MiTeGen LLC
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Agilent Technologies, Inc.
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Bio-Rad Laboratories, Inc.
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EMD Millipore
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Life Technologies Corporation
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Oxford Expression Technologies Ltd.
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Qiagen N.V.
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Takara Bio Inc.
Protein Trends & Technologies Industry Developments
November 2021: Pronativ® Native Micellar Casein and Pronativ® Native Whey Protein were used by Lactalis Ingredients in the introduction of novel high-protein product concepts. High-protein puddings and shakes are two of the notions that were deduced.
Protein Trends & Technologies Market Segmentation
Protein Trends & Technologies Technology Outlook
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Protein Chip
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Tandem Mass Spectrometry
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Nuclear Magnetic Resonance
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X-Ray Crystallography
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Electrophoresis
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Liquid Chromatography
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High-Performance liquid chromatography
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Chromatography
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Others
Protein Trends & Technologies Application Outlook
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Protein Identification
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De Novo (Peptide) Sequencing
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Protein Quantitation
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Protein Structure Determination
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Biomarkers
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Proteogenomics
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Diagnostics
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Antibody Characterization
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Treatment Development
Protein Trends & Technologies End Users Outlook
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Pharmaceutical Companies
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Biotechnology Companies
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Research Institutes
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Others
Protein Trends & Technologies Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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