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Fermented Protein Market Outlook: Health Trends and Future Growth USD 2130.9 Mn by 2033

Fermented Protein Market Outlook: Health Trends and Future Growth USD 2130.9 Mn by 2033

Fermented Protein Market

Global fermented protein market The company’s value is estimated to be USD 1,061.8 million in 2023, and it is expected to grow at a compound annual growth rate (CAGR) of 7.7% between 2023 and 2033, reaching a valuation of USD 2,130.9 million by 2033.

Fermented proteins are proteins that are produced in vitro by fermenting a protein-rich food source. Compared to other protein sources, proteins produced by this process are particularly easy to digest. In addition, fermented proteins improve the overall health of the human gut by introducing essential probiotics. As a result, fermented proteins are an excellent economic commodity.

The main concern of fermented protein manufacturers is to improve the taste, texture, whey value and cuttability of protein to meet the growing consumer demand. This growing demand for protein alternatives is expected to drive the expansion of the fermented protein market.

Manufacturers can quickly enter the market by introducing a new type of fermented protein. In addition, fermented proteins can be used as additives in the food and beverage sector to increase the nutritional value of their products. The food and beverage industry is huge, and international demand for fermented proteins is expected to increase.

Because fermented protein products have a longer shelf life, consumers choose them as a convenient on-the-go snack. Fermented protein is gaining importance as global demand for meat and dairy products increases. In addition, fermented proteins are expected to find a huge market in the pharmaceutical industry.

Fermented proteins are mainly produced for the vegan community, which is a large market segment in North America and Europe. With the spread of the Internet, there is a huge demand for vegan cuisine throughout the Asia-Pacific region and Latin America. As a result, we can expect a significant demand for fermented proteins in these market regions.

Fermented proteins offer a number of advantages, including the presence of probiotics in the product, which facilitates digestion and allows gluten-free and vegan production, making it hypoallergenic. In addition, fermented proteins have the maximum concentration of protein in food. This makes fermented protein an excellent source of amino acids in gluten-free pet food and animal feed, providing manufacturers with an additional market opportunity.

Key conclusions

  • The Chinese fermented protein industry is expected to grow at a compound annual growth rate (CAGR) of 11.3% through 2033.
  • In 2022, the United States dominated the fermented protein market with a market share of 17.7%.
  • In 2022, Germany significantly increased its presence in the fermented protein industry, gaining a market share of 7.3%.
  • In 2022, Japan became a leading player in the fermented protein market, securing a significant 5 percent market share.

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Competitive Landscape

Given the presence of several medium and small players, the global fermented protein market is fragmented. Leading fermented protein manufacturers are adopting tactics such as mergers and acquisitions, new product launches, and capacity expansion. There has been a significant investment in research and development in recent years. These investments have led to various product breakthroughs in the market.

Key producers identified across the fermented protein market value chain include:

  • Real health
  • Body Ecology, Inc.
  • Jarrow’s formulas
  • Sotru
  • Amazonia Pty Ltd
  • Brothers Sun
  • Limited liability company
  • Plant fusion
  • The whole Sea of ​​Earth
  • FIT-BioCeuticals Sp. z o. o.

Recent events

In February 2023, IQI launched Proteger, a premium plant-based fermented protein. This breakthrough production method is initially applied to non-GMO, pellet-extracted soybean meal sourced from North America, selected for its sustainability and abundant supply.

In November 2022, Arla Foods Ingredients developed a solution for pure and protein-rich fermented beverages, meeting the growing demand for innovative ready-to-drink products. These offerings, such as kombucha and pure protein drinks, combine health benefits by promoting the growth of probiotics through their protein content.

Fermented Protein: Market Segmentation

By type:

  • GMO-free
  • Gluten free
  • Soy free
  • Vegan
  • Flavors

By application:

  • Food and drinks
  • Feed
  • Pharmaceutical products
  • Others

By distribution channel:

  • B2B
  • B2C
    • Online stores
    • Retail stores
      • 24-hour shops
      • Hypermarkets/Supermarkets
      • Specialty stores
    • Others

By region:

  • North America
  • Latin America
  • Asia and Pacific
  • MEA
  • Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional and local expertise on various industry disciplines and trends in over 110 countries.

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