Pea Protein Ingredients Global Market Report 2023 – By Type (Isolates, Concentrates, Other Types), By Source (Yellow split peas, Chickpeas, Lentils), By Application (Bakery and Snacks, Dietary Supplements, Beverages, Meat Substitutes, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Textured pea protein is a protein supplement that is extracted from peas to create high-protein, plant-based meat substitutes. It is a naturally gluten-free and soy-free product with a pleasant taste and texture, offering it an ideal complement to popular ingredients in a variety of applications. Textured pea protein is non-GMO and has low allergenicity which makes it a great alternative to wheat and soy products. The main types of products in textured pea protein are yellow peas and green peas. Field peas, often known as yellow peas, are a type of pea that is best dried rather than eaten fresh. The peas' skin (seed coat) is a pale yellow color. The peas are a deeper yellow inside, but the color disappears when cooked. It has both organic and conventional nature and has different processing types such as dry processing, wet processing. It is implemented in various verticals such as food processing, animal feed, nutraceuticals, sports nutrition, infant nutrition, cosmetic and personal care, others. The global textured pea protein market is segmented - 1) By Product Type: Yellow Peas, Green Peas 2) By Nature: Organic, Conventional 3) By Processing Type: Dry Processing, Wet Processing 4) By End Use: Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic And Personal Care, Other End-users The global textured pea protein market size grew from $0.53 billion in 2022 to $0.59 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the textured pea protein market is expected to grow to $0.82 billion in 2027 at a CAGR of 8.8%. The rising consumer interest in plant-based protein is contributing to the growth of the textured pea protein market. In recent years, consumer interest in plant-based diets has increased significantly with vegan, vegetarian, and flexitarian diets becoming quite prevalent. The protein level of textured pea protein components is among the highest on the globe, with a pleasant taste and attractive texture. According to the Good Food Institute published report in 2021, a US-based non-profit organization to promote plant-based and cell-based alternatives to animal products, sales of plant-based foods increased three times more quickly than those of non-plant-based meals as compared to its previous years in the year 2021 in the US. Therefore, the rising consumer interest in plant-based proteins propels the growth of the textured pea protein market. Major players in the textured pea protein market are Roquette, Puris Foods, Burcon Nutrascience Corporation, Nisco ApS, Sotexpro, Exeller N.V., Vestkorn Milling AS, Nutri-Pea Limited, Cosucra Groupe Warcoing SA, Scoular, Axiom Foods Inc., AGT Foods, The Green Labs LLC, DuPont Nutrition & Biosciences, Shandong Jianyuan Group, and Kerry Group plc. The launch of organic pea protein isolate is an emerging trend in the textured pea protein market. Major companies operating in the textured pea protein sector are focused on introducing organic pea protein to meet the consumer demand for organic protein products. For instance, in June 2021, Roquette Freres, a France-based company operating in plant-based ingredients, announced the launch of NUTRALYS, a range of organic textured proteins from peas and fava beans. NUTRALYS provides 11 levels of textured proteins that provide a wide range of forms and textures with a neutral flavor and clean label, enabling a variety of meals that substitute meat and fish and offer the possibility to develop both tasty and organic plant-based gastronomy. In February 2020, Kerry Group, an Ireland-based food company acquired Pevesa Biotech S.A. for an undisclosed amount. This acquisition aims at strengthening Kerry Group’s position in the hydrolyzed plant protein space for specialized nutrition and expanding the company’s capacity to serve the rapidly growing organic plant protein market. Pevesa Biotech S.A. is a Spain-based company engaged in offering a range of proteins, including organic pea and rice protein and protein hydrolysates. North America was the largest region in the textured pea protein market in 2022. Europe was the second-largest market in the textured pea protein market. The regions covered in the textured pea protein market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the textured pea protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The textured pea protein market consists of sales of green peas and yellow peas. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The textured pea protein market research report is one of a series of new reports from The Business Research Company that provides textured pea protein market statistics, including textured pea protein industry global market size, regional shares, competitors with a textured pea protein market share, detailed textured pea protein market segments, market trends and opportunities, and any further data you may need to thrive in the textured pea protein industry. This textured pea protein market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Protein expression is a process in which proteins are synthesized, modified, regulated, and controlled in living organisms according to the host cell. Protein expression in the context of protein research can now also refer to the application of lab procedures necessary for protein production. The main product types for protein expression are reagents, competent cells, expression vectors, services, and instruments. A reagent is a substance or compound that is added to a system in order to produce a chemical reaction or to determine whether or not a reaction occurred. The various forms of protein expression include yeast expression, mammalian expression, algae expression, insect expression, bacterial expression, and cell-free expression that are used for therapeutic, industrial, and research applications. The different end users involve pharmaceutical and biotechnology companies, academic research, and contract research organizations. The global protein expression market is segmented - 1) By Protein Expression: Yeast Expression, Mammalian Expression, Algae Expression, Insect Expression, Bacterial Expression, Cell-free Expression 2) By End Use: Pharmaceutical And Biotechnological Companies, Academic Research, Contract Research Organizations 3) By Product: Reagents, Competent Cells, Expression vectors, Services, Instruments 4) By Application: Therapeutic, Industrial, Research The global protein expression market size will grow from $2.87 billion in 2022 to $3.19 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global protein expression is expected to grow to $4.96 billion in 2027 at a CAGR of 11.6%. An increase in demand for biologics to counter various genetic disorders and chronic diseases is one the major factors driving the research and sales of protein expression market. Biologics is a medicine produced from living organisms or contains components of living organisms such as protein, tissue, genes, allergens, cells, blood components, blood, and vaccines. The increasing use of biologics (therapeutic protein and others) to cure chronic diseases such as cancer, cardiovascular conditions and genetic disorders, is increasing the demand for protein expression devices and equipment. According to the World Health Organization, chronic disease prevalence rose by 57% globally, in the year 2020. Hence the rising demand for biologics is driving the protein expression market. For instance, according to an article published by Chemistry World, analysts stated that the biologics market hold a market share of more than a quarter of the entire pharmaceutical market in 2020. The global biologics market is expected to grow at 14.7% during 2021-2023. Major players in the protein expression market are Agilent Technologies, Bio-Rad Laboratories, Thermo Fisher Scientific Inc., New England Biolabs, Promega Corporation, Qiagen, Takara Bio, Merck KGaA, Genscript Biotech Corporation, Life Technologies Corporation, Sigma-Aldrich Corporation, Lucigen Corporation, Synthetic Genomics Inc., Becton, Dickinson & Company, Lonza Group Ltd., Accelagen Inc., Geneva Biotech, Viva Biotech, Becton, Dickinson & Company, Sengenics, ARTES Biotechnology GmbH, Addgene Inc., Profacgen, ProteoGenix, Peak Proteins Ltd., Domainex Ltd., Jena Bioscience GmbH, EMD Millipore, and Oxford Expression Technologies Ltd. Government regulations related to protein therapeutics and the production of biologics may hinder the protein expression market growth. Government regulations on biologics to undergo rigorous preclinical and clinical trials prior to regulatory approval, and time-consuming process for approval of biologics with regards to health and the safety of any individual are restraining the market growth. Marketing and distribution of biologics including insulin, hormones, therapeutic antibodies, and vaccines depends upon the successful completion of clinical trials, which is a long, expensive, and uncertain process. According to FDA, for an approval of new biologic, Under the regulations (21 CFR 314.81(b)(2)(vii) and 601.70, a clinical trial approval usually takes 10- 12 months where firms are required to submit a report annually on the status of clinical safety, clinical efficiency, clinical pharmacology, and nonclinical toxicology study. Companies in the industry are increasingly adopting Microfluidics technology to enhance protein expression tests in order to reduce the time, cost, labor, and increase in the accuracy and performance. The microfluidics technology effectively analyzes biological samples than the traditional (macroscale) instruments. Microfluidics technology is used to measure the expression of proteins on cells and optimizes the output to generate results regarding protein expression. Therapeutics-on-a-chip (TOC) uses microfluidic platform and is able to synthesize proteins in a point-of-care setting to reduce cost associated with storage and transportation of therapeutic proteins. For instance, companies such as MissionBio, NanoCellect Biomedical, RainDance Technologies and Sphere fluidics have implemented this technology in protein expression test. The Protein Expression market in the U.S. is governed by the Food and Drug Administration (FDA) which lays down a series of guidelines for the manufacturers and retailers of this industry. Within FDA, Centre for Drug Evaluation and research (CDER) regulates biological products under FDA 101 which includes gene therapy products and vaccines. These regulations ensure the quality, safety, and efficacy of biological therapeutics products, and speed up innovations that make these products safer, and effective. The US FDA announced a fast-track initiative to review its drugs and biologics policy to speed the availability of therapies to patients with serious conditions, orphan drugs for rare disease, while preserving the safety and efficacy standards. FDA also removed a rule (Section 610.21 of the FDA code) that specified minimal potency limits for certain antibodies and antigens. The European Medicines Agency has also introduced policies that include a provision to waive the scientific advice fee, which encourages more academic groups and small companies to propose candidates for biologics. North America was the largest region in the protein expression market in 2022. Western Europe was the second largest region in the global protein expression market share. The regions covered in the global protein expression market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the protein expression market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The protein expression market includes revenue earned by instruments, expression kits, and systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The protein expression market research report is one of a series of new reports from The Business Research Company that provides protein expression market statistics, including protein expression industry global market size, regional shares, competitors with a protein expression market share, detailed protein expression market segments, market trends and opportunities, and any further data you may need to thrive in the protein expression industry. This protein expression market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Soy protein is a protein that is isolated from the soybean. Soy protein is a high-protein source that can help to lose weight, increase energy, and build muscle. Soy protein has been utilized as an ingredient in a range of cuisines, including vegetarian foods, salad dressings, soups, and meat substitutes, due to its functional characteristics. Emulsification and texturizing are two of its functional features. The main types of products in soy protein are soy protein isolates, soy protein concentrates, textured soy protein and soy flour, grits, and chunks. Soy protein isolate is the most useful form of soy protein and is primarily used to enhance texture and eating quality in meat ingredients. Soy protein isolate contains approximately 90% protein. The different forms of soy protein include powder, ready-to-drink, bars, capsules, tablets, and others and are found in various natures such as organic soy protein and conventional soy protein. The different applications include bakery and confectionery, meat alternatives, functional foods, dairy replacers, infant foods, and others and are distributed through several channels such as specialty stores, convenience stores, e-commerce or online sale channel, and supermarket or hypermarket. The global soy protein market is segmented – 1) By Product Type : Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Soy Flour, Grits, And Chunks 2) By Nature: Organic Soy Protein, Conventional Soy Protein 3) By Form : Powder, Ready to Drink, Bars, Capsules And Tablets, Other Forms 4) By Application : Bakery And Confectionery, Meat Alternatives, Functional Foods, Dairy Replacers, Infant Foods, Other Applications 5) By Distribution Channel : Specialty Store, Convenience Store, E-Commerce Or Online Sale Channel, Supermarket Or Hypermarket The global soy protein market size grew from $8.31 billion in 2022 to $9.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global soy protein is expected to grow to $12.49 billion in 2027 at a CAGR of 8.1%. The increasing vegan population is contributing to the growth of the soy protein market. A vegan diet excludes animal products such as fish, dairy, meat, and eggs. Vegan and flexitarian diets are becoming more popular as the plant-based business has developed and people becoming more conscious of the difficulties surrounding meat production. With a surge in the vegan population, there is an increase in demand for soy protein as people seek to add soy protein to their diet to maintain a protein balance. For instance, according to Good Food Institute, a US-based non-profit organization to promote plant-based and cell-based alternatives to animal products, sales of plant-based foods increased three times more quickly than those of non-plant-based meals as compared to its previous years in the year 2021 in the US. Therefore, the rise in the vegan population is expected to propel the growth of the soy protein market in the coming years. Major players in the soy protein market are Wilmar International CHS Inc., The Archer Daniels Midland Company, Crown Soya Protein Group, DuPont Nutrition & Biosciences, Linyi Shansong Biological Products Co. Ltd., Cargill Corporation, Shandong Yuxin Bio-Tech Co. Ltd., Sonic Biochem, Hung Yang Foods Co. Ltd., BASF SE, Fuji Oil Company Ltd., A. Costantino & C. S.P.A, Solbar Ningbo Protein Technology Co. Ltd., Nordic Soya Oy, ETChem, Qingdao Foodrich Soya-Tech Co. Ltd and Burcon NutraScience Corporation. Technological advancement is shaping the soy protein market. Companies in the soy protein industry are working on new technology to improve the oil, protein, and sustainability profiles of soybeans, and increase the nutritious content of soy protein products. Players in the market are trying to capture a more customer base by improving the quality of soy protein products. For instance, in April 2021, ZeaKal, a US-based company engaged in developing technologies to promote higher levels of healthier oils across several crops, introduced a PhotoSeed technology to improve the oil, protein, and sustainability profile of soybeans. PhotoSeed technology improves the soy protein levels as it captures better carbon and overall nutritional composition. In July 2021, Archer Daniels Midland (ADM), a US-based food processing company acquired Sojaprotein for an undisclosed amount. The acquisition will allow ADM to expand its alternative protein portfolio, which already includes a soy protein complex in Campo Grande, a pea protein plant in Enderlin, and a joint venture with PlantPlus Foods, Mato Grosso do Sul, North Dakota. Sojaprotein is a Serbian-based agribusiness company that produces soy-based products. North America was the largest region in the Soy Protein market in 2022. Asia-Pacific is expected to be the fastest-growing region in the soy protein market share during the forecast period. The regions covered in the soy protein market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the soy protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The soy protein market consists of sales of textured soy protein, soy protein isolates, soy protein concentrates, and other soy protein products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The soy protein market research report is one of a series of new reports from The Business Research Company that provides soy protein market statistics, including soy protein industry global market size, regional shares, competitors with a soy protein market share, detailed soy protein market segments, market trends and opportunities, and any further data you may need to thrive in the soy protein industry. This soy protein market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Plant-based protein is a protein supplement that is derived from plant-based sources. Plant-based proteins are becoming more popular as meat substitutes because they are highly nutritious and include nutrients such as fiber, vitamins, and minerals in addition to proteins. The main types of plant-based protein are isolates, concentrates and textured. Plant-based protein isolates are consumed in an isolated form after being chemically extracted into a powder from the whole food. Plant-based proteins are derived from various sources such as soy, wheat, pea, others and are available in both dry and liquid forms. It is used in feed, food and other applications. The global plant based protein market is segmented - 1) By Type: Isolates, Concentrates, Textured 2) By Source: Soy, Wheat, Pea, Other Sources 3) By Form: Dry, Liquid 4) By Application: Feed, Food, Other Applications The global plant-based protein market size grew from $14.7 billion in 2022 to $16.22 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global plant-based protein is expected to grow to $24.89 billion in 2027 at a CAGR of 11.3%. The increasing awareness of health and wellness is expected to propel the growth of the plant-based protein market during the forecast period. Plant-based proteins are good for weight loss and provide building blocks for healthy muscles and tissues. They are high in fiber and contain less amount of calories & fats than animal protein. For instance, according to a poll by E times in 2021, the COVID-19 pandemic has transformed Indians' attitudes toward health, with 70% saying they will prioritise food and lifestyle adjustments in 2021 to manage both physical and emotional health. Therefore, the increasing awareness of health and wellness drives the growth of the plant-based protein market. Major players in the plant-based protein market are Archer Daniels Midland Company (ADM), DuPont Nutrition & Biosciences, Axiom Foods Inc., Cargill, Kerry Group, Ingredion Incorporated, Roquette Freres, Wilmar International Limited, Glanbia PLC., Cosucra Groupe Warcoing SA, Sotexpro, Emsland Group, and PURIS Foods. Plant-based meat substitutes are gaining significant popularity in the plant-based proteins market. Plant-based meat alternatives are the priority of major companies operating in the plant-based proteins sector attributing to various benefits such as being ecologically friendly, aiding in weight loss, preventing chronic illnesses, and regulating cholesterol and blood sugar levels. For instance, in July 2021, Nature’s Fynd, a US-based company which develops microbe-based proteins for meat and dairy substitutes has raised over $158 million in funds for the launch of its meatless breakfast products including patties, burgers chicken-less nuggets, and others. Additionally, according to the Plant-Based Foods Association, the alternative foods sector exploded in 2020, increasing U.S. retail sales by 27% and boosting the entire market value to $7 billion. In August 2021, WM Partners, a US-based private equity firm acquired Vega for an undisclosed amount. The acquisition is expected to benefit WM partners by expanding their HPH II’s portfolio of brands and leverage the distribution strengths of Vega. Vega is a Canada-based company that produces plant-based proteins. North America was the largest region in the plant-based protein market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plant-based protein market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Plant-Based Protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant-based protein market consists of sales of wheat protein, soy protein, pea protein, and other plant-based proteins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant-based protein market research report is one of a series of new reports from The Business Research Company that provides plant-based protein market statistics, including plant-based protein industry global market size, regional shares, competitors with a plant-based protein market share, detailed plant-based protein market segments, market trends and opportunities, and any further data you may need to thrive in the plant-based protein industry. This plant-based protein market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Food ingredients are substances that are applied to foods to improve taste, texture, and appearance and achieve specific technical or functional goals during production, storage, or packaging. Food ingredients are used to improve safety and freshness and maintain the nutritional value of the food. The main types of products in food ingredients are starches, vegetable oils and fats, natural sweeteners, enzymes and antioxidants, natural flavorings and colors, functional ingredients, and others. Starches are used as an additive for food processing and are typically used as thickeners and stabilizers in puddings, custard, soups, sauces, gravies, pie fillings, salad dressing, noodles, meat products, and many more. The different functional types include sweeteners, emulsifiers, flavors, and color additives, preservatives, fat replacers, nutrients, stabilizers, thickeners, binders, and texturizers, pH control agents & acidulants, others that are used in pharmaceuticals, food & beverages, animal feed, others. The global food ingredients market is segmented - 1) By Product Type: Starches, Vegetable Oils And Fats, Natural Sweeteners, Enzymes And Antioxidants, Natural Flavorings And Colours, Functional Ingredients, Other Product Types 2) By Function: Sweeteners, Emulsifier, Flavors And Color Additives, Preservatives, Fat Replacers, Nutrients, Stabilizers, Thickeners, Binders, And Texturizers, pH Control Agents And Acidulants, Other Funcations 3) By Application: Pharmaceuticals, Food And Beverages, Animal Feed, Other Applications The global food ingredients market size grew from $47.24 billion in 2022 to $51.92 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the food ingredients market is expected to grow to $74.78 billion in 2027 at a CAGR of 9.6%. The increase in the awareness of fitness among people and the growing number of health-conscious consumers are expected to drive the market for food ingredients during the forecast period. Consumers are incorporating bioactive food ingredients such as omega-3 fatty acids, antioxidants, probiotics, soy protein, and beta-carotene into their meals to maintain good health. According to International Food Information Council’s (IFIC) 2020 Food and Health Survey, 8 out of 10 American consumers have changed their eating or food preparation habits as a result of COVID-19. Furthermore, according to the 2021 survey by Moneydasher, in the USA and Europe, health-conscious shoppers cover 25-30% of all supermarket buyers. Major players in the food ingredients market are Kerry Group, Cargill Inc., Archer Daniels Midland, Stevia First Corporation, Hermes Sweeteners Ltd., Riken Vitamin, Koninklijke DSM N.V, Palsgaard, Danisco, Angel Yeast Co. Ltd., Aral Foods amber, Bunge Limited, Glanbia PLC., Ingredion Incorporated, and Corbion Purac. The introduction to technologically advanced solutions is an emerging trend in the food ingredients market. Major food ingredients firms are concentrating on developing innovative solutions for food ingredients to provide global food industries with next-generation alternative proteins and other ingredients. For instance, in August 2022, Kalsec, a US-based food ingredient company partnered with Infinome Biosciences, a US-based bioengineering company, to use a precision fermentation technique to develop microbial-based food ingredients. In June 2021, Kerry Group, an Ireland-based food company offering food and beverage ingredients acquired Niacet for $1,011.80 million (€853 million). Through this acquisition, Kerry integrated Niacet into its global food protection and preservation platform, enhancing its food protection, food ingredient, and preservation strategy to offer new products and technologies in a broader market. Niacet is a US-based company that offers food ingredients. North America was the largest region in the food ingredients market in 2022. Europe was the second-largest market in the food ingredients market. The regions covered in food ingredients report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the food ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food ingredients market consists of sales of starches, vegetable oils and fats, natural sweeteners, enzymes and antioxidants, natural flavorings and colors, functional ingredients, and other food ingredients. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The food ingredients market research report is one of a series of new reports from The Business Research Company that provides food ingredients market statistics, including food ingredients industry global market size, regional shares, competitors with a food ingredients market share, detailed food ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the food ingredients industry. This food ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The specialty foods ingredients are used to add a specific benefit to the core recipe of a product. Specialty food ingredients have technological and functional advantages which provide consumers with a wide variety of quality, healthy, tasty, safe, and affordable food. Specialty food ingredients, often known as cleaner ingredients, are used to create high-quality, long-lasting food for human consumption. The main products in specialty food ingredients are functional food ingredients, sugar substitutes, F&B starter culture, specialty starches, enzymes, emulsifiers, preservatives, and others. Functional food ingredients are consumed by individuals in different forms including high-proteins, superfoods, drinks, and vegetable-rich foods. Functional food ingredients are the leading specialty ingredients being applied in many ranges of applications, It includes distribution channel such as direct sales and direct sales that are used in raw material such as wheat, rice, maize, and others. Specialty food ingredients are used in beverages, sauces, dressings, condiments, bakery, dairy, confectionery, and others. The global specialty food ingredients market is segmented – 1) By Type: Functional Food Ingredients, Sugar Substitutes, F&B Starter Culture, Specialty Starches, Enzymes, Emulsifiers, Preservatives, Other Types 2) By Distribution Channel: Direct Sales, Indirect Sales 3) By Application: Beverages, Sauces, Dressings And Condiments, Bakery, Dairy, Confectionary, Other Applications The global specialty food ingredients market size grew from $151.92 billion in 2022 to $162.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global specialty food ingredients is expected to grow to $217.18 billion in 2027 at a CAGR of 7.5%. The rising consumption of healthy products is driving the growth of the specialty food ingredients market. With a growing demand for healthy food options, the number of health-conscious customers is steadily increasing. Sustainable and healthy diets are predicted to improve gastrointestinal health, cholesterol control, bone strength, and other health issues among the worldwide population. Specialty food components are used to preserve, color, emulsify, texture, and improve the nutritional value of foods. For instance, according to a study published by the International Food Infromation Council in 2020, a US-based non-profit organization for health and dietary pattern, 43% of Americans has followed a specific diet or eating pattern as compared to the last year and nearly 1 in every 5 are using a mobile health monitoring device or app to track their calories intake. Moreover, 41% of dieters started consumption of protein from plant sources and plant-based meat and dairy alternatives. Therefore, the rising consumption of healthy products is expected to propel the growth of the specialty food ingredients market going forward. Major players in the specialty food ingredients market are Ingredion Incorporated, Cargill, Tate & Lyle, DuPont Nutrition & Biosciences, Kerry Group, Royal DSM, Sensient Technologies, Givaudan, Archer Daniels Midland, BASF Group, Firmenich, Crespel & Dieters, Evonik Industries, Ashland, Axiom Foods, and Amano Enzymes. Product innovations are a key trend gaining popularity in the specialty food ingredients market. Major players operating in the specialty food ingredients sector are focused on product innovations to meet the consumer demand for sugar substitutes. For instance, in May 2020, Ingredion Incorporated, a US-based food company launched Erysta which is made from erythritol polyol. Erysta has a sweet flavor profile, unique cooling effect, and contains no calories, allowing producers to make claims about energy and sugar minimization on the packaging. In July 2021, Orkla Food Ingredients, a Denmark-based food ingredients company acquired Hans Kaspar AG for an undisclosed amount. The acquisition is predicted to bolster Orkla Food Ingredients' position in the ice cream and confectionery ingredients segments. Hans Kaspar AG is a Switzerland-based company that manufactures specialty food ingredients. North America was the largest region in the specialty food ingredients market in 2022. Asia-Pacific is expected to be the fastest-growing region in the specialty food ingredients market share during the forecast period. The regions covered in the specialty food ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the specialty food ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The specialty food ingredients market consists of sales of vitamins products, minerals, prebiotics, probiotics, hydrocolloidss. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this specialty food ingredients market includes related services sold by the creators of the goods. The specialty food ingredients market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The specialty food ingredients market research report is one of a series of new reports from The Business Research Company that provides specialty food ingredients market statistics, including specialty food ingredients industry global market size, regional shares, competitors with a specialty food ingredients market share, detailed specialty food ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the specialty food ingredients industry. This specialty food ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Functional food ingredients are bioactive compounds or ingredients used in manufacturing functional food products. The ingredients in functional foods provide health benefits, and some of them include supplements or other additives. The main types of functional food ingredients are probiotics and prebiotics, carotenoids, dietary fibers fatty acids, vitamins, minerals, and others. Carotenoids are fat-soluble pigments found generally in fruits, flowers, plants, algae, and photosynthetic bacteria. They are also found in some non-photosynthetic bacteria, molds, and yeasts. Carotenoids act as a type of antioxidant for humans and are important for human health. It protects the human body against serious disorders such as heart disease, cancer, and degenerative eye disease. The different sources include natural, synthetic and are used in beverages, dairy products, infant food, bakery and confectionery, others. The global functional food ingredients market is segmented - 1) By Type: Probiotics And Prebiotics, Carotenoids, Dietary Fibers, Fatty Acids, Vitamins, Minerals, Others 2) By Source: Natural Synthetic 3) By Application: Beverages, Dairy Products, Infant Food, Bakery And Confectionery, Others The global functional food ingredients market size grew from $102.13 billion in 2022 to $111.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the functional food ingredients market size is expected to grow to $156.98 billion in 2027 at a CAGR of 9.0%. The rise in demand for fortified food & beverage products is expected to contribute to the growth of the functional food ingredients market. Fortified foods are functional foods that lack natural nutrients; nutrients are added to them. These foods boost nutrition and provide health advantages. Fortified foods are functional foods without natural nutrients in them, nutrients are added to them, and these foods improve nutrition, add health benefits. Fortified foods & beverage products consumption is increasing due to growing health consciousness in consumers, increasing disease occurrences, increasing consumer’s disposable income. The medicinal properties of these foods in providing healing benefits apart from energy and essential nutrients are motivating consumers to spend more on healthy food products. According to the Kerry Group study, in 2019, 65% of consumers seek functional benefits in their food & beverages, and apple cider vinegar sales as a grown-up by 86% for its digestive and blood sugar managing properties. Therefore, the rise in demand for fortified food & beverage products will drive the functional food ingredients market growth. Major players in the functional food ingredients market are Cargill, BASF, Archer Daniels Midland, DuPont Nutrition & Biosciences, Arla Foods, Kerry Group, Ajinomoto, DSM, Ingredion Incorporated, Tate & Lyle, Roquette Frères, Nestle, Fuerst Day Lawson, Ashland, A&B Ingredients, and Royal Cosun. Collaborations and partnerships are are key trends gaining popularity in shaping the functional food ingredients market. Major companies operating in the functional food ingredients sector are focused on partnering or collaborating with other companies to develop innovative solutions for functional food ingredients. For instance, in December 2019, Cargill, a US-based food company, and Renmatix, a US-based plant ingredient innovations company, signed a joint development agreement (JDA) to explore a novel approach for making functional food ingredients from unutilized plants material. This agreement was to manufacture highly functional food ingredients. The companies will use Renmatix’s Plantrose Process, which is a proprietary water-based technology, and Cargill’s preferred feedstocks. In July 2021, Kerry Group, an Irish-based food company announced that it is acquiring Biosearch Life for a $150 million deal amount. Through this acquisition, Kerry Group can expand its healthy ingredient portfolios such as probiotics and omega-3. The expansion of a healthy ingredient portfolio can boost its capabilities within functional foods and proactive health ingredients. Biosearch Life, based in Spain, is a biotechnology company that manufactures healthy natural ingredients such as Omega-3, Probiotics, Botanical Extracts. North America was the largest region in the functional food ingredients market in 2022. Europe was the second-largest market in the functional food ingredients market. The regions covered in the functional food ingredients report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the functional food ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.The main types of functional food ingredients are probiotics and prebiotics, carotenoids, dietary fibers fatty acids, vitamins, minerals, and others. Carotenoids are fat-soluble pigments found generally in fruits, flowers, plants, algae, and photosynthetic bacteria. They are also found in some non-photosynthetic bacteria, molds, and yeasts. Carotenoids act as a type of antioxidant for humans and are important for human health. It protects the human body against serious disorders such as heart disease, cancer, and degenerative eye disease. The different sources include natural, synthetic and are used in beverages, dairy products, infant food, bakery and confectionery, others. The functional food ingredients market research report is one of a series of new reports from The Business Research Company that provides functional food ingredients market statistics, including functional food ingredients industry global market size, regional shares, competitors with a functional food ingredients market share, detailed functional food ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the functional food ingredients industry. This functional food ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The prebiotic ingredients are used as food ingredients to sustain or renovate a "healthy" gut microflora along with other health benefits. Prebiotic ingredients refer to a collection of nutrients that the gut bacteria degrades. They can nourish the intestinal flora, and their breakdown products are short-chain fatty acids that are discharged into the bloodstream, impacting not just the GI tract but also distant organs. The main types of prebiotic ingredients are inulin, fructooligosaccharides (FOSs), mannan-oligosaccharides (MOS), disaccharides, monosaccharides, nucleotide-activated saccharides, soy oligosaccharides, and other types. Inulin refers to a white, mildly sweet, indigestible polysaccharide that occurs chiefly in the roots or tubers of various plants that is used as an additive in low-fat and low-sugar foods to improve the flavour and texture, and as a diagnostic agent in a test for kidney function. The various sources include roots, grains, vegetables, fruit trunks (or) stems, and other sources. The operationalities are gut health, immunity, cardiovascular health, bone health, and weight management. The various applications involved are functional food and beverages, infant formula and baby food, dietary supplements, animal feed, and pet food. The global prebiotic ingredients market is segmented - 1) By Type: Inulin, Fructooligosaccharides (FOSs), Mannan-Oligosaccharide (MOS), Disaccharides, Monosaccharide, Nucleotide-Activated Saccharides, Soy Oligosaccharides, Other Types 2) By Source: Roots, Grains, Vegetables, Fruits Trunk (or) Stem, Other Sources 3) By Operability: Gut Health, Immunity, Cardiovascular Health, Bone Health, Weight Management 4) By Application: Functional Food and Beverage, Infant Formula and Baby Food, Dietary Supplements, Animal Feed, Pet Food The global prebiotic ingredients market size grew from $5.81 billion in 2022 to $6.47 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the prebiotic ingredients market is expected to grow to $9.7 billion in 2027 at a CAGR of 10.6%. An increase in the demand for food and drink supplements is expected to propel the growth of the prebiotic ingredients market going forward. Food and drink supplements refer to concentrated sources of nutrients or other compounds with a nutritional or physiological effect. Prebiotic ingredients are consumed in foods or in supplement forms such as drinks and food. For instance, in 2020, according to the survey of Atlanta Press, a US-based non-profit organization, 69.4% of respondents consumed supplemental drinks. Further, in 2021, according to the survey of Health of the Nation, an initiative by the World Health Organization, a Switzerland-based government agency, over 71% of adults are taking food supplements, with one in three claiming that the pandemic was the catalyst, Therefore, an increase in the demand for food and drink supplements is driving the growth of the prebiotic ingredients market. DuPont de Nemours and Company, Cargill Inc., Ingredion Incorporated, Royal FrieslandCampina N.V, Samyang Genex Corporation, Beneo GmbH, Beghin Meiji S.A, Nexira SAS, Yakult Pharmaceutical Industry Co., Ltd., Royal Cosun, Kerry Group plc, Fonterra Co-operative Group Limited, Prenexus Health, Taiyo International, AIDP, Thera-Plantes Inc., Product innovations are a key trend gaining popularity in the prebiotic ingredients market. Major companies operating in the prebiotic ingredients market are focused on developing new product innovation solutions to strengthen their position in the market. For instance, in January 2022, Gnosis by Lesaffre, an Italy-based producer of prebiotic ingredients, launched Lynside® Immunity Prebiotic. This product creates innovative prebiotic opportunities by stimulating fundamental groups of bacteria that use saccharomyces cerevisiae yeast cell walls to create a new type of yeast-based prebiotic that can be digested by a specific gut bacterial group and cause the formation of certain short-chain fatty acids due to its complex carbohydrate content. In October 2020, AIDP, Inc., a US-based manufacturer of functional ingredients, acquired Olygose for an undisclosed amount. With this acquisition, AIDP aims to increase their prebiotic and plant-based solutions portfolio. Olygose is a France-based producer of innovative prebiotic ingredients. Europe was the largest region in the prebiotic ingredients market in 2022. South America is expected to be the fastest-growing region in the forecast period. The regions covered in this prebiotic ingredients market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the prebiotic ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The prebiotic ingredients market consists of sales of inulin, fructo-oligosaccharides, galacto-oligosaccharides, mannan-oligosaccharides, and polydextrose. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The prebiotic ingredients market research report is one of a series of new reports from The Business Research Company that provides prebiotic ingredients market statistics, including prebiotic ingredients industry global market size, regional shares, competitors with a prebiotic ingredients market share, detailed prebiotic ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the prebiotic ingredients industry. This prebiotic ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.