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The North America protein ingredients was valued at US$ 12.7 Billion in 2021.
We expect the North America protein ingredients market to exhibit a CAGR of 8.4% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of protein ingredients-based dietary supplements and food products.
The rising consumer preference for protein ingredients-based dietary supplements and food products, as they aid to improve physical strength, lower muscle loss with aging, mitigate the risk of chronic diseases, regulate weight, etc., is primarily driving the North America protein ingredients market.
Based on the product type, the North America protein ingredients market has been segmented into animal proteins and plant proteins. Currently, animal proteins hold the largest market share.
Based on the application, the North America protein ingredients market can be divided into food and beverages, personal care and cosmetics, pharmaceuticals, and animal feed. Among these, the food and beverage industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into United States and Canada, where United States currently dominates the North America protein ingredients market.
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