The global corn protein market is slated to register a compound annual growth rate (CAGR) of 6.2% during the forecast period ranging from 2023 to 2033, as per Future Market Insights. The study projects sales of corn protein products to reach a market value of US$ 555 million by 2023-end, and ultimately to US$ 1,012.81 million by 2033. Corn protein is in high demand as it is a rich source of bioactive peptides.
Corn peptides possess different in-vitro and in-vivo functions, being antihypertensive, hepatoprotective, obesity inhibition, accelerating alcohol metabolism, and providing antioxidative and mineral-binding functions. Additionally, corn protein comprises 70-90% protein with a high branch chain amino acid content. The dominant strains include zeins, comprising 44-79% of total protein.
As consumers begin embracing plant-based and alternative protein sources against a background of a host of factors, demand for corn protein is expected to enjoy a bright future in the coming decade. Also, corn proteins are cholesterol-free, sodium-free, and contain low fat. It is reported that one medium-sized ear of corn (6 ¾ to 7 ½ inches long) provides 88 calories, 1.4 grams of fat, 19 grams of carbohydrates, and 3.3 grams of protein.
Consuming corn and corn protein are known to reduce the risk of type 2 diabetes, with polyphenols playing a major role in doing the same. Hence, manufacturers are incorporating pink corn in their protein formulations, as the purple color is attributed to the presence of a polyphenol known as anthocyanin. Anthocyanin is helpful in regulating insulin and glucose levels. Moreover, corn proteins help maintain proper gut health by encouraging the proliferation of essential bacteria which produce short-chain fatty acids. These fatty acids help reduce the risk of developing colon cancer.
A host of market players are foraying into the global corn protein landscape, offering various categories of corn protein formulations. Some notable manufacturers include Cargill, Ingredion Inc., ADM, Tate & Lyle Plc., Agridient Inc., DuPont, and Pawar Agro Industries. Cargill is among the most prominent players in the corn protein domain. It is in the process of developing various product concepts, ranging from breakfast biscuits, brownie bites, protein cakes, and cookies to cooked sausage, flatbread pizza, icing, muffins, and pasta.
Likewise, Tate & Lyle Plc. offers the CORNPRO® Corn Gluten Meal. The product is an animal feed and a multifunctional high protein ingredient, and a good source of methionine (2,4 g/100 g protein)- an essential amino acid. CORNPRO® is low in ash, potassium, and sodium, and contains natural yellow/orange pigments- about 200 ppm xanthophylls- such as zeaxanthin and lutein. These xanthophylls have an important role as natural antioxidants. Easy to digest, with low mineral content and non-allergenic proteins, CORNPRO® Corn Gluten Meal is ideal for use in a broad range of high-quality animal feeds.
Companies are also investigating possibilities of altering the genetic constitution of corn crops to introduce more sophisticated varieties of corn protein products. Since 2016, chemical giant DuPont has been working on introducing corn whose CRISPR-Cas 9 genes have been altered. The corn began to be planted in 2021. This hybrid corn variety is free from any introduced genetic material or foreign DNA. While it significantly enhances the corn crop quality, it does pose any risk to plant health, meaning that it is completely free of any substance which may pose a hazard to human health when consumed.
Data Points | Key Statistics |
---|---|
Expected Market Value of Corn Protein in 2023 | US$ 555 million |
Projected Market Value of Corn Protein in 2033 | US$ 1,012.81 million |
Global Growth Rate (2023 to 2033) | CAGR of 6.2% |
With rising demand for natural and plant based products corn protein market is booming with a significant growth rate. Moreover, an abundant number of drivers and trends are also helping the corn protein market to grow at an accelerating rate.
Continuous research and development in corn protein market is helping to meet consumer’s demand of clean label ingredients across the globe. With growing demand for plant based products extensive opportunities will emerge helping proactive players to obtain more and more benefits from corn protein market.
Industries that have witness notable demand in corn protein market are beverages and pharmaceuticals and cosmetics are also witnessing a growing demand in corn protein market.
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There is an increasing demand for corn protein in medical industry as it is not prone to viruses and danger unlike animal protein. However, with an increasing trend of veganism consumers preference is moving towards plant based products even in countries such as United States and Europe which has traditionally been a meat eating nations.
Moreover, recognition of zein protein as a coating agent which provides coating against microbes and also as a food agent is helping to grow the corn protein market globally.
The corn protein market marketed a significant growth over the past few decades and the CAGR is expected to gain more attention over the forecasted period. However, it is likely to be one of the top industries which would influence global revenue generation. With rapidly growing demand, financial stability, product awareness and abundance of raw materials corn protein market would make progress directly or indirectly in the market.
Corn protein market is dominated by the some of the key players like
Corn protein, a new protein from a familiar source, in development at Cargill. It does not require allergen labeling, and is sourced from a sustainable, consistent supply. It also works consistently well with pea protein and balances the amino acid profile.
Europe is estimated to generate lucrative opportunities for the manufacturers of corn protein over the forecasted period owing to increasing awareness and growing demand of corn protein market.
The growing importance of zein protein which is a type of corn protein as a coating agent to enhance appearance and aroma of food products is largely contributing to the revenue and sales of corn protein market globally. Moreover, as people are opting for natural and plant based products the corn protein would experience growing demand further.
The corn protein market report provides a complete assessment of the market, with the help of historical data, qualitative insights, and supportable projections about market size. The projections featured in the report have been obtained by using confirmed research methodologies and assumptions.
The research report provides a complete understanding of analysis and information for every aspect of the Corn protein market, including: regional markets, product type, extract, source, end-use.
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The corn protein market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Corn protein market report projects the attractiveness of each major segment over the forecast period.
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