Asia Pacific Protein Ingredients Market Size, Share, and COVID-19 Impact Analysis, By Product (Plant Proteins, Animal/Dairy Proteins, Microbe-based Protein, and Insect Protein), By Application (Foods & Beverages, Infant Formulations, and Others), and Asia Pacific Protein Ingredients Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Protein Ingredients Market Size Insights Forecasts to 2035

• The Asia Pacific Protein Ingredients Market Size was Estimated at USD 18.25 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.69% from 2025 to 2035
• The Asia Pacific Protein Ingredients Market Size is Expected to Reach USD 33.55 Billion by 2035

The Asia Pacific Protein Ingredients Market Size is anticipated to reach USD 33.55 Billion by 2035, growing at a CAGR of 5.69% from 2025 to 2035. Population growth, demand for protein-rich food and supplements, and unavailability of the required protein in a natural diet are driving the protein ingredients market in the Asia Pacific region.

Market Overview

The Asia Pacific protein ingredients market encompasses the manufacturing, processing, and supply of protein-rich ingredients for various applications, including food and beverages, pharmaceuticals, animal feed, and personal care products. Protein ingredients are food and supplements that provide the necessary building blocks (amino acids) for proteins in the body. An increasing demand for protein and associated products in order to fulfill the deficiency of protein in the Asian diet is are primary reason for driving the market. Further, an integration of AI for improving the protein functionality in the plant-based meat and for designing & producing sweet protein alternatives to artificial sweeteners significantly aids in market growth. Demand for plant-based protein from the growing vegan population is offering a market opportunity for protein ingredients.

Report Coverage

This research report categorizes the market for the Asia Pacific Protein Ingredients market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific Protein Ingredients market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific Protein Ingredients market.

Driving Factors

The market for Asia Pacific protein ingredients is primarily driven by the country's increasing awareness about health and essential nutrients, including protein in the body, along with an increasing population. Further, the inclination towards a vegetarian diet positively influences the protein ingredients market. In addition, government intervention in the food manufacturing and processing industry is anticipated to drive the market growth of protein ingredients.

Restraining Factors

The allergic reaction associated with plant-based proteins, taste and texture challenges as well as inconsistent labelling & regulatory procedures, are challenging the market. Further, the volatility in raw material prices and increased price of protein ingredients may hamper the market.

Market Segmentation

The Asia Pacific protein ingredients market share is classified into product and application.

• The animal/dairy proteins segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific protein ingredients market is segmented by product into plant proteins, animal/dairy proteins, microbe-based protein, insect protein. Among these, the animal/dairy proteins segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment includes protein derived from animals, emphasizing dairy proteins, egg protein, and gelatin. The increasing consumption of animal protein, driven by the growing demand for protein-based diets to meet daily protein requirements, is propelling the market in the animal and dairy proteins segment.

• The foods & beverages segment dominated the market with the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific protein ingredients market is segmented by application into foods & beverages, infant formulations, and others. Among these, the foods & beverages segment dominated the market with the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Protein ingredients enhance the functional and nutritional properties, as well as improve texture binding and flavour retention. Support of government food regulatory institutions aids in driving the market in the foods & beverages segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific protein ingredients market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Kerry Group plc
• Tate & Lyle
• Ingredion
• DSM
• Cargill, Incorporated
• Glanbia PLC
• Roquette Frères
• Proeon
• Wilmar International Ltd
• ETChem
• Australian Plant Proteins Pty. Ltd.
• Entobel
• Shandong Jianyuan Group
• Others

Recent Developments:

• In July 2024, Australia’s first plant-protein isolate manufacturer, Australian Plant Proteins (APP), entered voluntary administration, with industry leaders expressing frustration at the lack of government support, a reliance on imports, and a drop in R&D investment in a sector with “enormous opportunity” for Australia.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Protein Ingredients Market based on the below-mentioned segments:

Asia Pacific Protein Ingredients Market, By Product

• Plant Proteins
• Animal/Dairy Proteins
• Microbe-based Protein
• Insect Protein

Asia Pacific Protein Ingredients Market, By Application

• Foods & Beverages
• Infant Formulations
• Others