Market Size of France Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.87 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Protein Market Analysis
The France protein market was valued at USD 330.1 million for the current year and is projected to register a CAGR of 4.87% over the next five years.
- Proteins are considered an essential part of daily diet as they provide muscle strength and nutrition to the body. Protein consumption is increasing in France owing to the increasing consumer awareness about healthy and functional food consumption. The proteins are being used in different food and beverage products as functional and nutritional ingredients.
- Some proteins like caseins, caseinates, gelatins, collagens, and others also provide texture, viscosity, and stability to food and beverages like soups, salad dressings, bakery products, jellies, and others. Owing to this, the use of proteins is increasing. Also, different protein forms like isolates, concentrates, and textured proteins are used in sports nutrition products and infant food to increase their functionality. Owing to this, the demand for proteins is increasing in the country.
- Furthermore, consumer demand for non-GMO, clean-label, and plant-based organic ingredients is increasing due to rising health and environmental consciousness. Owing to this, the demand for plant proteins is increasing in the country. The majority of consumers are opting for the consumption of vegan and vegetarian food, due to which the market players are using plant proteins. The demand for dairy alternative products like dairy-free milk, yogurt, and other products is increasing. Therefore, the demand for oat, soy, pea, and other proteins is also increasing. Additionally, the demand for plant proteins in other applications like personal care, animal feed, and supplements is also increasing. Owing to the increasing demand, the market players are innovating new proteins in the market. For instance, in January 2021, Rousselot introduced Peptan, Marine collagen peptides. The peptides are claimed to be used in supplements and cosmetic products.
