"The protein ingredients market in Mexico is experiencing significant growth driven by various factors, including the increasing awareness of the importance of protein in the diet, changing dietary preferences, and the rising demand for functional food and beverages. Animal-based protein ingredients, such as whey protein, casein, and collagen, continue to dominate the Mexican market. Whey protein, in particular, is widely used in sports nutrition products, protein powders, and functional beverages. Collagen is also popular in beauty and cosmetic products due to its skin health benefits. The demand for plant-based protein ingredients is rising in Mexico, driven by the growing number of consumers adopting vegetarian, vegan, and flexitarian diets. Plant-based protein sources like soy protein, pea protein, and rice protein are gaining popularity. These ingredients are used in a range of products, including meat substitutes, plant-based milks, protein bars, and snacks. The demand for plant-based protein ingredients is rising in Mexico, driven by the growing number of consumers adopting vegetarian, vegan, and flexitarian diets. Plant-based protein sources like soy protein, pea protein, and rice protein are gaining popularity. These ingredients are used in a range of products, including meat substitutes, plant-based milks, protein bars, and snacks. The sports nutrition market is expanding in Mexico, leading to increased demand for protein ingredients. Athletes, fitness enthusiasts, and individuals pursuing active lifestyles are seeking protein-rich products to support their exercise routines and recovery. Protein powders, bars, and ready-to-drink beverages are popular in this segment. The market for protein-fortified convenience and snack foods is growing in Mexico. Protein-enhanced products, such as protein bars, ready-to-drink protein shakes, and protein snacks, are gaining popularity as consumers seek convenient and healthy on-the-go options. Mexico has regulations governing food safety, labeling, and ingredient claims to ensure consumer protection. Protein ingredient manufacturers and suppliers must comply with these regulations and obtain necessary approvals to market their products. The protein ingredients market in Mexico presents opportunities for both domestic and international players to cater to the evolving consumer preferences and market trends. The market for protein ingredients is anticipated to expand significantly throughout the projected period, according to Bonafide Research's research report, ""Mexico Protein Ingredients Market Overview, 2027."" Due to the increasing popularity of foods made with protein ingredients, such as margarine, cold cuts, bakery goods, spreads, yoghurt, and milk sausages, the market is gaining speed and experiencing strong demand. The market is expanding as a result of rising sales of these items among senior and health-conscious consumers. A rise in the development of proteins by different producers that contain a variety of amino acids and serve certain purposes, including satiety, muscle repair, weight loss, and energy balancing, is additionally anticipated to supply the market with tremendous potential opportunities. As the food and beverage industry grows as a result of growing government and consumer spending, the market for protein components is anticipated to increase. The development of the global market for protein ingredients is anticipated to be constrained by governmental regulations governing labeling and incorporation in application sectors. The standards and labeling requirements for plant-based products differ by market, which makes it challenging for these products to be exposed to and placed in application sectors, hence limiting the market growth for protein components. Socioeconomic trends including increased urbanization, rising affluence, and ageing populations are the drivers boosting protein demand for healthy ageing, and it is becoming more and more understood how important protein is to a healthy diet. As a result, the market for country-specific protein components is experiencing rapid expansion due to the rising need for proteins. The use of protein ingredients in the global market is anticipated to be constrained by the adverse effects of overusing protein compounds, which include skin allergies, constipation, and nausea. Soy and milk protein components can be the root of several illnesses and allergies. According to projections, this will restrain the market's growth for protein components worldwide. Covid-19 The rapid spread of COVID-19 and the equally rapid government response to restrict the movement of the majority of the population in different countries have dramatically changed the consumption patterns, which has also impacted the food & agriculture industries. The significant changes in consumer purchasing behavior are gradually transforming the food industry. Due to rising health concerns, consumers have started avoiding the consumption of meat and poultry. They are now more inclined toward protein substitute products to fill in the gap. The sales of immunity-related ingredients have spiked globally. These trends have fueled the demand for protein-based products as protein is one of the most important constituents that help in building immunity. However, the corona virus has caused a severe disruption in the supply chain and has influenced the supply of ingredients and raw materials. Companies are constantly trying to handle the situation and be ready for any further disruption. Considered in this report: Geography: Mexico Base year: 2021 Estimated year: 2022 Forecast year: 2027 Aspects covered in this report Mexico Protein Ingredient market with its value and forecast along with its segments Various drivers and challenges On-going trends and developments Top profiled companies Strategic recommendation By MAIN Source: • Animal PI • Plant PI By Application: • Food & Beverages • Animal Feed • Cosmetics & Personal Care • Pharmaceutical & nutraceuticals • Others By Animal PI Type: • Egg Protein • Milk Protein • Whey Protein • Casein/Caseinates • Gelatin • Others By Plant PI Type: • Soy Protein • Pea Protein • Wheat Protein • Others (canola,Rice,potato,etc.) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Protein Ingredients Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry "
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample