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Global protein ingredients market to hit $121.53B by 2031, driven by demand for functional and high-protein foods.

Market News
26 Jun 2026
Marketsandmarkets
View Source
Bullish
pluang ai news

The global protein ingredients market is projected to grow from $83.14 billion in 2026 to $121.53 billion by 2031, at a CAGR of 7.9%. Growth is fueled by rising consumer demand for functional and high-protein foods, increased awareness of protein's health benefits, and expansion in plant-based and insect-based protein segments. South America is the fastest-growing regional market due to rising health awareness and vegan preferences. Leading companies are innovating with new plant-based proteins and sustainable alternatives to meet market needs.

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