Global Beef Protein Powder Market Size By Product Type (Organic, Conventional Beef Protein Powder), By End User (Dietary Supplements, Food Processing, Beverages), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Beef Protein Powder Market Size By Product Type (Organic, Conventional Beef Protein Powder), By End User (Dietary Supplements, Food Processing, Beverages), By Geographic Scope And Forecast
Beef Protein Powder Market Size And Forecast
Beef Protein Powder Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the year 2022-2030.
The advancement of digital media, social media, and an increase in literacy rates have enabled humans to understand the need for dietary supplements in addition to regular exercise, which is propelling the growth of the beef protein powder market. The Global Beef Protein Powder Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Beef Protein Powder Market Definition
Beef protein powder is made from beef protein isolate and hydrolyzed gelatin, which are practically the same as collagen. Beef protein powder is an excellent choice for athletes and individuals who are allergic to dairy or whey. Furthermore, beef protein powder includes amino acids that are lacking in today’s diet, such as arginine, hydroxyproline, proline, and glycine. The amino acid composition of beef protein powder is easily comparable to that of any regular whey protein. It has a lot of the amino acidsalanine, glutamic acid, and proline, and it also has a lot of leucine, isoleucine, and valine. Moreover, a single standard serving of 30 (grams) contains 29.5 (grams) of protein, zero carbohydrates, and less than 1 gram of fat. Beef protein powder has a saltier flavor than most other protein powders. This is because the source contains naturally existing salt content. It comes in a variety of flavors, such as vanilla, chocolate, mango, strawberry, and many more. In addition, the nutritional profile of beef protein powder is quite similar to that of bone broth. Bone broth is made from the bones of meat, poultry, and fish and has a powerful effect on concentrated healing. Furthermore, when compared to whey protein supplements and carbohydrates, beef protein powder has a larger protein concentration. This powder is highly suggested for people who combine resistance training with cardio sessions, since beef protein isolate aids in the development of lean muscle mass. Moreover, beef protein powder is a high-quality animal-based protein powder that is ideal for athletes and fitness enthusiasts. It is a soy-free, gluten-free, and dairy-free protein powder that is also a hypoallergenic source of protein for people who have a variety of dietary restrictions.
Global Beef Protein Powder Market Overview
The rise in disposable income acts as a primary growth driver in the global beef protein powder market. Beef protein powders are derived from a variety of bovines, giving a comprehensive amino acid profile that aids in muscle rehabilitation and growth. The majority of beef protein powders are isolated, which means they are nearly free of fat, lactose, cholesterol, and other carbs. Furthermore, beef protein supplements have no lactose, making them an excellent choice for anyone who is lactose intolerant, which acts as the key growth driver of the beef protein market. Also, with the improvement of countries’ economies and more investment in various sports activities, the expansion of the bodybuilding federation has created new opportunities for individuals’ careers and employment. Moreover, young professionals and individuals are avoiding unhealthy lifestyles and engaging in high-intensity workouts on a regular basis to boost their metabolism, muscles, and burn fats in relation to safeguarding. The advancement of digital media, social media, and an increase in literacy rates have enabled humans to understand the need for dietary supplements in addition to regular exercise, which is propelling the growth of the beef protein powder market. On the contrary, religious principles such as a ban on the consumption of beef products, health risks connected with the use of beef products, and trade barriers between nations are a few potential restrictions for the beef protein powder market. Also, the stringent regulations imposed by various regional governments on the application and usage of various food supplements act as the major restraining factor and impede the growth of the global beef protein market.
Global Beef Protein Powder MarketSegmentation Analysis
The Global Beef Protein Powder Market is segmented on the basis of Product Type, End User, and Geography.
Beef Protein Powder Market, By Product Type
• Organic Beef Protein Powder• Conventional Beef Protein Powder
Global Beef Protein Powder Market is segmented into Organic and Conventional beef protein powder on the basis of Product Type. The Organic beef protein powder segment holds a big market share. Organic beef protein powder is derived from organically certified components. Whether it is derived from whey, it signifies that the whey was not treated with artificial or synthetic fertilizers or pesticides. The sort of organic beef protein powder also aims at enhancing intestinal results because it is easily absorbed and free of certain inert components that might create bad reactions in some people.
Beef Protein Powder Market, By End User
• Dietary Supplements• Food Processing• Beverages• Nutraceuticals• Lab Testing
Global Beef Protein Powder Market is segmented into Dietary Supplements, Food Processing, Beverages, Nutraceuticals and Lab Testing on the basis of End User. The Dietary Supplements segment holds the big market share. Beef protein powder is a well-known dietary supplement. Protein is a vital macronutrient that aids in muscle development, tissue repair, and the production of enzymes and hormones. Protein powder may also aid in weight loss and muscular tone.
Beef Protein Powder Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of regional analysis, the Global Beef Protein Powder Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The North America is expected to witness the highest CAGR during the forecast period. This is primarily due to the rise in disposable income in these countries, and growth in urbanization.
Key Players
The “Global Beef Protein Powder Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Neogen Food Safety, Thermo Fisher Scientific, Bio Basic, JBS Global, Continental Foods (Liebig), Colin Ingredients, Activ International, NH Foods, ABH Pharma, Nikken Foods, and others.
Key Developments
• In April 2022, Thermo Fisher Scientific announced the launch of the new GMP-manufactured Gibco CTS TrueCut Cas9 Protein to aid in genome editing for research and manufacturing applications, including CAR T-cell therapy research. Furthermore, the proteins are produced in accordance with US Pharmacopeia requirements, which include traceability documentation, aseptic manufacturing, and safety testing.
• In December 2021, NEOGEN Corporation announced that they have reached a definitive agreement with 3M Corporation under which 3M would separate its Food Safety business and combine it with NEOGEN in a transaction that is intended to be tax-efficient for 3M and its stockholders for U.S. federal income tax reasons.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
KEY COMPANIES PROFILED | Neogen Food Safety, Thermo Fisher Scientific, Bio Basic, JBS Global, Continental Foods (Liebig), Colin Ingredients, & Others |
SEGMENTS COVERED | Product Type, End User, and Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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